Tuesday, 11 Aug 2020

Keppel shares tumble as Temasek scraps $3 billion bid after conglomerate's loss

SINGAPORE (Reuters) – Shares in Singapore’s Keppel Corp (KPLM.SI) fell 13% on Tuesday after Temasek Holdings abandoned its $3 billion offer for the conglomerate by invoking a material adverse change clause following the company’s poor financial results. Keppel’s large second-quarter loss that breached a threshold in the state investor’s offer to buy majority control had […]

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Belarusian opposition leader Tikhanouskaya 'safe' in Lithuania after clashes

MINSK (Reuters) – Belarusian opposition leader Svetlana Tikhanouskaya has joined her children in neighbouring Lithuania, its foreign minister said on Tuesday, after two nights of clashes following the contested re-election of President Alexander Lukashenko. The 37-year-old Tikhanouskaya emerged from obscurity a few weeks ago to mount the biggest challenge in years to Lukashenko’s rule, standing […]

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UK suffers biggest job losses since 2009 as COVID hits

LONDON (Reuters) – The number of people in work in Britain fell by the most since 2009 in the three months through June as the coronavirus crisis took a heavy toll on the labour market, even with the government’s huge jobs protection scheme still in place. Led by a record plunge in self-employed workers, there […]

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Opposition leader ‘safe’ after leaving Belarus

Opposition leader Svetlana Tikhanovskaya has left Belarus and is “safe” in Lithuania, Lithuanian Foreign Minister Linas Linkevicius says. Ms Tikhanovskaya’s departure came as protests went on for a second day over Sunday’s disputed presidential poll. Her campaign team said she was avoiding the protests because of “possible provocations”. Election results gave President Alexander Lukashenko 80%, […]

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Australian territory extends border ban until 2022

Australia’s remote Northern Territory (NT) will keep its borders closed to coronavirus-affected states for at least another 18 months, officials say. Australia is battling a second wave in its south-east, with about 8,000 active cases in Melbourne and smaller clusters in Sydney. But elsewhere around the country, the virus has effectively been eliminated. Prime Minister […]

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