In surprise move, Trump administration reverses course on barring many foreign students
NEW YORK: In a stunning reversal of policy, the Trump administration on Tuesday (Jul 14) abandoned an attempt to force...
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Trump says he is ‘not interested’ in trade talks with China
WASHINGTON: US President Donald Trump on Tuesday (Jul 14) shut the door on Phase 2 trade negotiations with China, saying...
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Alabama, Florida and North Carolina see record rises in COVID-19 deaths
REUTERS: Alabama, Florida and North Carolina reported record daily increases in deaths from COVID-19 on Tuesday (Jul 14), grim new...
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Football: Chelsea win to boost Champions League chances
LONDON: An underwhelming Chelsea boosted their chances of a spot in next season’s Champions League, overcoming a slow start to...
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Malaysia’s largest rubber glove manufacturer bullish about prospects as demand soars amid COVID-19
KUALA LUMPUR: Malaysia’s largest rubber glove manufacturer Top Glove is investing US$1 billion over the next five years to expand...
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Football: Benfica keep slim title hopes alive with 2-0 win over Guimaraes
REUTERS: Benfica kept their slim hopes of winning the Portuguese title alive as a first-half goal from midfielder Chiquinho and...
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Football: Pasalic hat-trick as Atalanta go second in Serie A
MILAN: Mario Pasalic scored a hat-trick as Atalanta brushed aside struggling local rivals Brescia 6-2 to move second in Serie...
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Americans quick to use cloth masks after govt recommendation: CDC
REUTERS: Most Americans wore cloth face-coverings after the government recommended their use in April, the US Centers for Disease Control...
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Football: CAS decision on Man City a disgrace, says Spurs boss Mourinho
REUTERS: The Court of Arbitration of Sport's (CAS) decision to overturn Manchester City's two-year UEFA ban from European football while...
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Singapore, Malaysia targeting to start cross-border travel from Aug 10 for some residents, business visitors
SINGAPORE: Singapore and Malaysia have set Aug 10 as the target date to start cross-border travel between the two countries...
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Big US banks predict more economic pain from coronavirus
Three of the largest U.S. banks said on Tuesday they had set aside a whopping US$28 billion for loan losses,...
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As Britain bans Huawei, US pressure mounts on Europe to follow suit
LONDON/BRUSSELS: Britain's decision to ban China's Huawei from its 5G network increases further pressure on EU countries to impose stricter...
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Flipkart to raise US$1.2 billion in Walmart-led funding
U.S. retail giant Walmart will lead a US$1.2 billion investment in its Indian e-commerce unit Flipkart, giving it a valuation...
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In New York’s Harlem, small businesses reel from coronavirus toll on Black communities
Sylvia's, a soul food restaurant on Malcolm X Boulevard in Harlem, New York, saw a welcome bump in donations and...
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Bharti Airtel, Verizon tie up on video-conferencing tool
Bharti Airtel Ltd is partnering with Verizon Communications Inc's BlueJeans to launch a business-focused video conferencing tool, the Indian wireless...
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JPMorgan beats estimates on trading boost, but loan losses loom
JPMorgan Chase & Co beat Wall Street estimates for profit in the second quarter due to a surge in trading...
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Citigroup quarterly profit tumbles 73% as loan loss provisions surge
Citigroup Inc reported a nearly 73 per cent plunge in quarterly profit on Tuesday as the bank set aside US$5.6...
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UK bans China’s Huawei from 5G networks, handing US big win
LONDON: Prime Minister Boris Johnson on Tuesday (Jul 14) ordered Huawei equipment to be purged completely from Britain's 5G network...
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Gasoline powers US inflation; rising COVID-19 cases seen tamping down demand
U.S. consumer prices rebounded in June after three straight monthly declines as businesses reopened, but the underlying trend suggested inflation...
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Wells Fargo swings to US$2.4 billion loss as pandemic bites
Wells Fargo & Co swung to a loss in the second quarter after setting aside US$9.5 billion to cover potential...
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