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Shipbuilder Austal sinks on former U.S. executives' indictment for financial fraud

Australian shipbuilder Austal Ltd sank as much as 8.4% to its lowest level in more than four years on Monday after the United States Department of Justice indicted three of its former U.S. employees on manipulating financial information. ....

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Shareholder Temasek backs re-election of Bayer supervisory board chair -WiWo

Temasek, the sovereign wealth fund of Singapore and a major shareholder in Bayer , will back re-election of the German pharmaceuticals company's supervisory board chair, the Wirtschaftswoche news outlet reported on Monday, citing unnamed sources. ....

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Analysis: UAE plans long-term economic ties with Israel despite political strains

The United Arab Emirates' commitment to a long-term strategic relationship with Israel should survive political turbulence, analysts say, after one of the most right-wing governing coalitions in Israel's history prompted widespread anger. A series of recent moves and comments by Prime Minister Benjamin Netanyahu's government has infuriated the public in much of Arab world, and drew condemnation from the UAE, including over Israeli settlement policy in the occupied West Bank. ....

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