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Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales: state media
September 17, 2020September 11, 2020 hiltonhead-usacom

Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales: state media

Business

Malaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organize

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White House asks U.S. agencies to detail all China-related funding
September 16, 2020September 11, 2020 hiltonhead-usacom

White House asks U.S. agencies to detail all China-related funding

Business

The White House has asked U.S. government agencies for extensive details of any funding that seeks to counter China’s global influence and business practices, or

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Danske Bank to compensate more customers for over-charging
September 15, 2020September 11, 2020 hiltonhead-usacom

Danske Bank to compensate more customers for over-charging

Business

Danske Bank DANSKE.CO will pay out a total of up to 100 million Danish crowns ($16 million) in compensation to 900 customers after over-charging them

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Taking power – Chinese firm to run Laos electric grid amid default warnings
September 14, 2020September 11, 2020 hiltonhead-usacom

Taking power – Chinese firm to run Laos electric grid amid default warnings

Business

The poor, small Southeast Asian country of Laos is set to cede majority control of its electric grid to a Chinese company, as it struggles

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China may dump U.S. Treasuries as Sino-U.S. tensions flare
September 13, 2020September 11, 2020 hiltonhead-usacom

China may dump U.S. Treasuries as Sino-U.S. tensions flare

Business

China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times

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Just Eat Takeaway COO sees GrubHub as well positioned
September 12, 2020September 11, 2020 hiltonhead-usacom

Just Eat Takeaway COO sees GrubHub as well positioned

Business

European food-ordering firm Just Eat Takeaway.com NV thinks GrubHub is better positioned than rivals to prosper in the United States even though it has been

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Tech tumble jams Wall Street into reverse; sharpest fall since June
September 11, 2020 hiltonhead-usacom

Tech tumble jams Wall Street into reverse; sharpest fall since June

Business

Wall Street’s main indexes closed sharply lower on Thursday, marking their deepest one-day declines since June as investors dumped the high-flying technology sector, while economic

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