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Deadly London tower blaze began in a Hotpoint fridge freezer, say police

Carl Court | Getty Images Fire fighters drench the burning 24-storey residential Grenfell Tower block on June 14, 2017 in London, England. A fire that engulfed a London tower block killing at least 79 people started in a Hotpoint fridge freezer, London police said on Friday. Police Detective Superintendent Fiona …

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Legg Mason survey shows Asian investors want to take on more risk

Kim Kyung-Hoon | Reuters Men look an electronic board showing stock information at a brokerage house in Beijing, China, January 5, 2016. Although the Asian growth narrative was a positive for the region, investors were first influenced by the primary environment they lived in, explained Legg Mason Global Asset Management …

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Chinese parents alarmed by miniature crossbow craze

STR | AFP | Getty Images This photo taken on June 20, 2017 shows a man demonstrating a toothpick crossbow in Chengdu, in China’s southwest Sichuan province. Handheld crossbows that can fire out needles and nails are the latest must-have toy in China but anxious parents want them banned before …

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Johnny Depp asks about assassinating the president

OLI SCARFF | AFP | Getty Images Actor Johnny Depp introduces his film, The Libertine, to the audience at ‘Cineramageddon’, the outdoor cinema venue, at the Glastonbury Festival of Music and Performing Arts on Worthy Farm near the village of Pilton in Somerset, South West England, on June 22, 2017 …

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S&P warns on Malaysia’s sovereign rating amid corruption saga

Olivia Harris | Reuters Authorities around the world, including the United States, Switzerland and Singapore have looked into anti-money laundering breaches relating to 1MDB. Malaysia’s sovereign rating may be in trouble as an ongoing corruption saga threatens to destabilize the nation’s fiscal position, S&P Global Ratings has warned. In a …

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Darjeeling tea production halted as Gorkhas and Bengalis face off

DIPTENDU DUTTA / AFP / Getty Images Indian supporters of the separatist Gorkha Janmukti Morcha group demonstrate during an indefinite strike called in Darjeeling on June 19, 2017. Hundreds of protesters paraded with coffins containing the bodies of two men they were were killed in clashes. The timing of the …

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China cracks down on bad English in signs

Natalie Behring | Bloomberg via Getty Images An English sign in a park instructs children how to play on a ‘bounce bed’ – meaning ‘trampoline’ – in Beijing, China, on April 11, 2007. While many find them entertaining, they “damage the country’s image” while posing challenges for the “development of …

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Tel Aviv exchange to see largest IPO on gas field sale

Rina Castelnuovo | Bloomberg via Getty Images A large digital ticker shows financial information outside the entrance to the Tel Aviv Stock Exchange (TASE) in Tel Aviv, Israel on August 4, 2016. The Tel Aviv Stock Exchange, TASE, is about to see its largest IPO ever with the sale of …

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Sorry Wilbur Ross, China isn’t the most protectionist country — at least by tariffs

Commerce secretary and billionaire investor Wilbur Ross recently referred to China as “the most highly protectionist of the big countries” in an interview with the Wall Street Journal, repeating a claim he made back in January. But data seems to suggest otherwise. Average tariff rates are actually higher in Brazil …

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Benchmark’s Bill Gurley may be replaced on Uber’s board, report says

Patrick T. Fallon | Bloomberg | Getty Images Bill Gurley, general partner of Benchmark Capital Holdings Co. Bill Gurley, an outspoken venture capitalist at Benchmark, is in talks to leave Uber’s board, two unnamed sources told Bloomberg in a report published on Wednesday. Uber was not immediately available to comment …

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