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Uber, Ola fight for Indian market share

  New Delhi / Bloomberg The bitter fight for market share between Indian ride-hailing startup Ola and San Francisco-based Uber Technologies Inc. is taking on nationalist overtones in a battle unfolding in an Indian court. Ola’s parent ANI Technologies Ltd told a court in Bangalore this week that it is an indigenous startup whose success can be attributed not just ...

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Singapore bank suspends loans for London realty

  Singapore / AFP A top Singapore bank said on Thursday it has suspended loans to anyone wanting to buy property in London, citing uncertainty from Britain’s vote to quit the EU but dealing a blow to investors looking to make the most of the weak pound. United Overseas Bank (UOB), one of the city-state’s three homegrown lenders, said it ...

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Famed Watergate office building to be sold for $107 million

  Bloomberg Washington’s Watergate office building, made famous by the political scandal that brought down President Richard M. Nixon, is under contract to be sold. New York real estate investment firm Steinbridge Group and Dallas-based Lincoln Property Co. are buying 2500 and 2600 Virginia Ave. NW, also known as Watergate East, for $107 million, according to the document by brokerage ...

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