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Moulin Rouge prospective buyers miss deadline

An official of the company bidding to buy the historic Moulin Rouge site remained optimistic his group would soon demonstrate its financial wherewithal, blaming the hiccup on a lender changing the schedule of the wire transfer.

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Fed cuts benchmark rate by quarter-point

The Federal Reserve cut a key policy rate by quarter-point, the first reduction in decade, to guard against ‘uncertainties.’

What you need to know about the Capital One data breach

Capital One Financial, is the latest big business to be hit by a data breach, disclosing that roughly 100 million people had some personal information stolen by a hacker.

Blacklisting by US not a problem as Huawei sales rise 23.2%

Huawei’s sales rose by double digits in the first half of this year despite being blacklisted by Washington and its chairman, saying U.S. pressure has “galvanized our people,” expressed confidence Tuesday the Chinese tech giant will “enter a new period of growth.”

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