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APD | Weekly top 10 hot news (Aug 12- Aug 18)

Every weekend, Asia Pacific Daily will provide you with a run-down of the latest hot news.This week, the following hot news you should know:Top 1 | Chinese defense mini

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Former U.S. President Donald Trump indicted for fourth time

Former U.S. President Donald Trump was hit with a fourth set of criminal charges on Monday when a Georgia grand jury issued an indictment accusing him of efforts to ove

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Türkiye election: Erdogan leads polls but faces runoff

President Tayyip Erdogan led in the first round of Türkiye's most pivotal election in decades on Monday, but failed to secure the 50 percent threshold needed to avoid a

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Trump Organization convicted in executive tax dodge scheme

Donald Trump’s company was convicted of tax fraud Tuesday for helping executives dodge taxes on extravagant perks such as Manhattan apartments and luxury cars, a repudi

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Saudis say US sought 1 month delay of OPEC+ production cuts

Saudi Arabia said Thursday that the U.S. had urged it to postpone a decision by OPEC and its allies — including Russia — to cut oil production by a month. Such a delay

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Musk ditches $44-billion Twitter takeover

Elon Musk, the chief executive officer of Tesla and the world's richest person, said on Friday he was terminating his $44-billion deal to buy Twitter because the social

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U.S. air travel still messy, with another 2,600 flights scrapped

Travelers wait in a TSA security line while making their way through Miami International Airport in Miami, Florida, December 28, 2021. /CFP Americans returning home from holiday travel had to

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Is the West now trying to bully Turkey?

Frederick North, 2nd Earl of Guilford, is often credited with popularizing the phrase "a storm in a teacup," which is commonly understood as blowing a trivial matter ou

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Canalys: U.S. PC sales up 17% YoY for quarter, even as tablet sales stagnate

Canalys released its quarterly U.S. PC sales today, and while the news was quite good with sales overall up 17% YoY, the growth slowed significantly from the prior quarter when sales soared to 74% pus

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Lebanon secures $370m in donations at aid conference in France

Lebanon's economic and political woes were sharply worsened by the immense blast in the port of Beirut on August 4 last year. /AFP International donors have pledged $370m in aid for Lebanon, a

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Mmhmm, it’s the most ridiculous story we’ve ever heard

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines.Danny and Alex were on deck this week, with Grace on the recording and

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Welcome to hot due diligence summer 

Wow, that headline worked?A recent board fight at a digital health unicorn is a reminder to entrepreneurs that it’s important to set boundaries, even amid the dizzying volume and velocity of this summ

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Department of Justice opens investigation into EV startup Lordstown Motors

Lordstown Motors continues to stumble. The beleaguered electric vehicle startup is now being investigated by the Department of Justice, in addition to an ongoing investigation by the Securities and Ex

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2U set to acquire non-profit edX for deal north of $600M

2U, a SaaS platform that helps non-profits and colleges run online universities, plans to acquire all the assets of Harvard and MIT-founded edX for a deal north of $600 million, according to multiple

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Moments to remember: Five heroes of Langya Mountain

01:36 On September 18, 1931, the Japanese Imperial Army staged an explosion in Shenyang City, northeast China's Liaoning Province using it as an excuse to begin a fully

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Global Political Calendar: NATO conf., Biden with Putin, Iran election

The upcoming week will see a busy time with several high-attention political events on the agenda. U.S. President Joe Biden will refresh the U.S.' position with NATO allies and grab headlines with

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Facebook’s use of ad data triggers antitrust probes in UK and EU

Facebook is facing a fresh pair of antitrust probes in Europe.The UK’s Competition and Markets Authority (CMA) and the EU’s Competition Commission both announced formal investigations into