Sunday, Jul 22 2018 | Time 15:56 Hrs(IST)
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  • Haryana govt sanctions Rs 25 cr for installation of CCTV cameras
  • Candidate of Pakistani political party killed in suicide attack at rally
  • J&K Governor reviews flood preparations in J&K
  • Israel to reopen Gaza terminal, extend fishing on Tuesday if quiet holds
  • 21 get imprisonment in Call Centre Scam
  • New wine in old bottle: Rahul chairs maiden meeting of extended CWC
  • No one will be allowed to be harassed: Rajnath on NRC update
  • New wine in old bottle: Rahul chairs maiden meeting of extended CWC
  • China's Xi offers fresh $295 mln grant to Sri Lanka in push for dominance
  • Modi to visit Rwanda, Uganda and South Africa on Monday
  • Woman burnt alive by husband, mother-in-law in Mah
  • Nepal: New education policy soon, says PM
  • Joy trip turns tragic; Six of family swept away by flash floods; 2 bodies recovered, one rescued alive
  • Ahmad Zahid-linked company named in Nepali migrant workers ‘scam’
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US blocks sale of Moneygram to China's Ant Financial on national security concerns

Washington, Jan 3 (UNI) The US has blocked the $1.2bn sale of money transfer firm Moneygram to China's Ant Financial, the digital payments arm of Alibaba.
Regulators overseeing foreign investments in the US had refused to support the takeover, the firms said.
In a joint statement, Ant Financial and Moneygram said they had abandoned the deal "following the inability of the companies to obtain the required approval for the transaction from the Committee on Foreign Investment in the United States, despite extensive efforts to address the Committee's concerns,"
The collapse of the deal is a blow to Alibaba Chairman Jack Ma, who had promised President Trump that he would create a million US jobs.
The US has been toughening its stance on business dealings with China. It is the highest profile Chinese deal to be rejected by Washington since President Donald Trump came to power.
Reports suggest the committee had cited security concerns over the takeover.
The country launched a formal review of China's intellectual property practices in October last year. US politicians and military leaders have also urged the administration to take a closer look at Chinese investments in America, particularly in the technology industry.
In September, the US blocked the $1.3bn sale of US Lattice Semiconductor to Chinese-backed Canyon Bridge Capital Partners, citing concerns over the "potential transfer" of intellectual property from Lattice, which makes advanced computer chips.
Other deals that have been frustrated by US objections include China Oceanwide Holdings Group's $2.7bn purchase of US life insurer Genworth Financial, and Chinese buyout firm Orient Hontai Capital's $1.4bn acquisition of US mobile marketing firm AppLovin.
UNI SRJ
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Ahmad Zahid-linked company named in Nepali migrant workers ‘scam’

22 Jul 2018 | 2:50 PM

Kuala Lumpur, July 22 (UNI) A firm linked to former Malaysian deputy prime minister Datuk Seri Ahmad Zahid Hamidi has been accused of looting more than Rs5-billion (RM185-million) from Nepali migrant workers seeking work in Malaysia over the past five years, according to a report in The Sun Daily.

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Elections 2018: Over 20000 polling stations declared sensitive

22 Jul 2018 | 2:17 PM

Islamabad, July 22 (UNI) The Pakistani law enforcement agencies (LEAs) — in a report compiled after extensive field work— has termed 20789 polling stations sensitive ahead of General Elections 2018.

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Pakistan election: ECP sends off ballot papers/boxes to ROs

22 Jul 2018 | 2:12 PM

Islamabad, July 22 (UNI) Printing and dispatch of ballot papers for upcoming general elections 2018 has been completed, according to a Dunya News report here.

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Pakistan election: Campaign enters final phase

22 Jul 2018 | 2:06 PM

Islamabad, July 22 (UNI) The election campaign of all the political parties has got momentum across Pakistan after it has entered the final phase, said a Dunya News report on Sunday.

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Pakistan election: Who's who and why it matters

Pakistan election: Who's who and why it matters

22 Jul 2018 | 1:37 PM

Islamabad, July 22 (UNI) Tens of millions of Pakistanis are preparing to vote in a general election on Wednesday after a campaign tainted by violence and dominated by political controversy.

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