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Author: Laura Stephen

Thames Water Secures £3 Billion Debt Lifeline as Appeals Rejected
Posted in News

Thames Water Secures £3 Billion Debt Lifeline as Appeals Rejected

Estimated read time 1 min read
Posted on March 18, 2025March 18, 2025
by Laura Stephen

LONDON: Thames Water, Britain’s biggest water supplier, said on Monday that appeals against its £3 billion (US$3.9 billion) debt lifeline…

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Starbucks ordered to pay US$50mil for hot tea spill
Posted in US

Starbucks ordered to pay US$50mil for hot tea spill

Estimated read time 2 min read
Posted on March 18, 2025March 18, 2025
by Laura Stephen

LOS ANGELES: Starbucks has been ordered to pay US$50 million to a customer who was burned when hot tea spilled on…

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Sapura Energy Secures RM1.1 Billion Government Bailout to Settle Vendor Debts
Posted in Asia

Sapura Energy Secures RM1.1 Billion Government Bailout to Settle Vendor Debts

Estimated read time 1 min read
Posted on March 17, 2025March 18, 2025
by Laura Stephen

Troubled offshore services provider Sapura Energy has secured a RM1.1 billion ($250 million) bailout from the government to repay debts…

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British steel industry calls for help with electricity prices
Posted in Local

British steel industry calls for help with electricity prices

Estimated read time 2 min read
Posted on March 15, 2025March 15, 2025
by Laura Stephen

LONDON: Britain’s steel industry has called on the government to help with electricity prices that it says can be it…

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Corruption Probe: Former Malaysian PM Ismail Sabri, Chindian Tycoon and the RM170 Million Scandal
Posted in Asia News

Corruption Probe: Former Malaysian PM Ismail Sabri, Chindian Tycoon and the RM170 Million Scandal

Estimated read time 3 min read
Posted on March 15, 2025April 2, 2025
by Laura Stephen

Zaid Malek of Lawyers for Liberty (LFL), a human rights and law reform non-governmental organisation (NGO) in Malaysia, has stated,…

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Singapore reports server fraud involving US$390 million in transactions
Posted in Asia

Singapore reports server fraud involving US$390 million in transactions

Estimated read time 2 min read
Posted on March 13, 2025March 13, 2025
by Laura Stephen

SINGAPORE: Singapore prosecutors told a court today that a case in which Singapore-based firms have been accused of fraudulently supplying US…

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IJM Expands UK Portfolio with £72.5 Million Finsbury Circus Acquisition
Posted in Asia

IJM Expands UK Portfolio with £72.5 Million Finsbury Circus Acquisition

Estimated read time 2 min read
Posted on March 13, 2025March 13, 2025
by Laura Stephen

IJM Corporation Bhd has acquired a 143-year leasehold interest in 25 Finsbury Circus, formerly known as 1-5 London Wall Buildings,…

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Smuggling of Nvidia Chips: Investigation Only Involves Singapore’s Aperia Cloud Services, a Partner of NationGate & Exsim
Posted in Asia

Smuggling of Nvidia Chips: Investigation Only Involves Singapore’s Aperia Cloud Services, a Partner of NationGate & Exsim

Estimated read time 5 min read
Posted on March 6, 2025
by Laura Stephen

Following the revelation by Singapore’s Minister for Home Affairs and Law, K. Shanmugam, on March 3 that the police were…

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UK drops antitrust probe into Microsoft and OpenAI tie-up
Posted in Business

UK drops antitrust probe into Microsoft and OpenAI tie-up

Estimated read time 1 min read
Posted on March 6, 2025March 6, 2025
by Laura Stephen

LONDON: Britain dropped its probe into Microsoft’s partnership with ChatGPT maker OpenAI today, saying the software giant did not have the…

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UK and Japan Strengthen Economic Ties Ahead of High-Level Talks
Posted in Economy

UK and Japan Strengthen Economic Ties Ahead of High-Level Talks

Estimated read time 3 min read
Posted on March 6, 2025March 6, 2025
by Laura Stephen

TOKYO: High-level economic security talks between the United Kingdom (UK) and Japan took place on Friday against the backdrop of…

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