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BlackRock, Allianz join $300mn Traveloka funding round

  Bloomberg Traveloka has secured $300 million in new financing from investors including BlackRock Inc., as Southeast Asia’s biggest online travel startup counts on a post-Covid rebound to expand in the region. The Jakarta-based company said in a statement it struck a deal for financing with investors including Allianz Global Investors and the Indonesia Investment Authority. The size of the ...

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More Russians flee than join Putin’s army after war call-up

Bloomberg Far more Russians have fled abroad than have enlisted in the military since President Vladimir Putin announced a mobilization to bolster his faltering invasion of Ukraine. Defense Minister Sergei Shoigu said more than 200,000 people have been conscripted into the army since Putin’s Sept. 21 order for a partial call-up, Russian news services reported Tuesday. That matches an exodus ...

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Turkey criticises US move on Cyprus security partnership

Bloomberg Turkey on Monday condemned the US’s decision to add Cyprus to a security cooperation program, saying that Washington is losing its impartiality in the dispute surrounding the divided island. The US move came two weeks after it lifted a decades-old arms embargo on the internationally-recognized Greek Cypriot government located in the south of the Island. In response, Turkey first ...

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