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Singapore fines Uber, Grab for 'anti-competitive' merger

Singapore's competition watchdog has fined ride-hailing giant Uber and its regional rival Grab 13 million Singapore dollars ($9.5 million) for a merger in Southeast Asia that the agency says has driven up fares and reduced competition in the market.



China hikes tariffs on US imports

China has raised tariffs on $60 billion of U.S. imports in an escalation of their fight over technology policy following a deadline for President Donald Trump's latest increase.


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