China’s Fosun to ‘acquire’ Brazil investment firm Rio Bravo

SHANGHAI : China’s Fosun on Saturday signed an agreement to acquire Brazil-based investment management firm Rio Bravo. According to a statement, just a day after the Chinese conglomerate announced another…

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Volkswagen executive ordered to pay back 12,500 euros for private party-report

The head of Volkswagen’s luxury unit Audi has been ordered to reimburse the car maker for the costs of a party that the car maker had initially paid for, a…

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Caesars sells online gaming to Chinese group for $4.4billion

BEIJING: A Chinese consortium that includes game developer Shanghai Giant Network Technology Co Ltd and e-commerce company Alibaba Group Holding Ltd has agreed to acquire Caesars Interactive Entertainment Inc’s online games…

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Zika virus in Florida, four cases witnessed

FLORIDA: Authorities on Friday reported the first sign of local Zika transmission in the continental United States, concluding that mosquitoes likely infected four people with the virus that can cause…

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Oil moves to three-month lows on excess woes

London: World oil prices descended this week to their lowest levels for more than three months, rocked by renewed worries about a global supply glut and increased production. The market…

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Google and Amazon caps a blockbuster

Google parent Alphabet Inc. and e-commerce giant Amazon.com Inc capped a blockbuster June quarter for the five biggest U.S. tech companies as their dominance in key markets helped them defy…

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Bank of England prepares to tackle Brexit hit

London:The Bank of England (BoE) must decide over the coming week how much trouble Britain’s economy is in following the shock vote to leave the European Union, and how much…

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Weekly inflation falls by 0.09pc

ISLAMABAD: The weekly inflation for the week ended on July 28, for the combined income group witnessed a decrease of 0.09 per cent as compared to the previous week. The…

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The Pulse host Riaz Ajiz (28 July 2016)

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Tips Of The Trade host Tarique Khan Javed (28 July 2016)

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