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Blackstone invests in South Korean robotics supplier Futronic
July 20 : Blackstone has invested in Futronic, a supplier of high-precision actuators serving automotive and industrial robotics sectors, the world’s largest alternative asset manager said on Monday. The deal values the South Korean firm at about 1 trillion won ($676.04 million), according to a person with k
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Man involved in Chinatown heist of S$200,000 diamond using fake substitute gets jail
While the offender distracted a staff member, his alleged partner swapped the genuine diamond with a counterfeit they had obtained and concealed the real gem in his mouth.
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Trump says US strikes hit Iran in ‘honour’ of American soldiers killed
Iran responded with attacks in Syria and Jordan, as two ships reportedly exploded in the Strait of Hormuz.
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Ryanair profit slumps 34% as airlines brace for a ‘difficult winter’ amid Middle East crisis
Ryanair’s first-quarter profit took a 34% hit as consumers delayed bookings due to the Middle East crisis, while struggling airlines face a “difficult winter.”
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Shares of leading Indian private-sector banks slump 5% on weak earnings in June quarter
Shares of Indian private-sector lenders fell on Monday as they reported a sharp contraction of net interest margins during the June quarter earnings.
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CNBC Daily Open: Burnham set to take helm of ‘poverty stricken disaster,’ says Trump
Britain’s new Prime Minister Andy Burnham faces instant pressure from President Trump to “open up” North Sea oil.
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Acting Minister for Muslim Affairs Faishal Ibrahim resigns after interactions with woman ‘fell short of standards’
Most of the interactions between the former minister and the female member of the public took place through online messages, says Prime Minister Lawrence Wong.
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Triple stage winner Merlier exits Tour de France in stage 15
July 20 : Tim Merlier abandoned the Tour de France on Sunday as he succumbed to fatigue in the mountains, although he underscored his status as one of the event’s dominant sprinters with three stages wins.”After two hard weeks of racing, Tim Merlier has left Tour de France today,” his team, Soudal Quick-Step,
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Analysis:Could AI chip boom make ASML Europe’s first trillion-dollar firm?
AMSTERDAM, July 20 : The global artificial intelligence boom has propelled ASML to the top of Europe’s stock market, as soaring demand for AI computer chips flows to the Dutch company that dominates the market for the equipment needed to make them.After blowout second quarter earnings, investors and analysts
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