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China's Ant Financial drops MoneyGram deal as US approval fails

Bejing - Ant Financial, an affiliate of Chinese internet titan Alibaba, has been forced to abandon a $1.2 billion deal to buy US remittances firm MoneyGram after failing to get approval from regulators in Washington.

Boiling point: pressure mounts on S.Korea's chaebols

Seoul - Once a driver of growth and a source of national pride, South Korea's family-led conglomerates are becoming instead objects of public scorn as a massive corruption scandal puts them under mounting pressure to reform.

'Rent-a-monk' business thrives as Japanese lose temple ties

Funabashi - In a quiet room thick with the smell of incense, Buddhist monk Kaichi Watanabe chants sutras to commemorate the one-year anniversary of a woman's death.

Cuba considers legalizing small private businesses

Havana - The Cuban authorities are considering legalizing certain private businesses, a potentially transformative move for the communist island as it liberalizes its economy.

Cuba's budding businesswomen learn on the fly

- Gretel de la Rosa, a budding Cuban businesswoman, had been in Mexico City for just a few hours, but she already had stuffed three bags with fabric for her shop back home.

Inc. 5000 indicates some interesting trends for U.S. business

With the prestigious Inc 5000 index of the fastest growing private companies in the U.S. now published for 2014, looking through the list it is easy to see that what businesses are doing best right now although there are some interesting entrants.

Southwest Airlines to launch international flights

Washington - Southwest Airlines, the US airline that launched a low-cost air travel revolution four decades ago, said Monday it is expanding its horizons for the first time to international service.

Montenegro launches tender for bankrupt aluminium plant

Podgorica - Montenegro on Saturday launched a tender to sell the partially state-owned KAP aluminium plant, its biggest industrial employer, which has been declared bankrupt, an official said.

Op-Ed: Getting deep down and dirty to rescue data Special

All computer users at some point lose data, either to accidental erasing, hard-disk failures or corrupt Windows installations. In the second of two utilities roundups, we look at some tools to rescue files that have disappeared

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