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Federal Prosecutors Move to Drop Bribery Case Against Indian Magnate

By: Santul Nerkar and Alex Travelli —
Gautam Adani had been accused of lying to American investors about payoffs in India. The end of the case came as President Trump has signaled a transactional approach to justice.

Gautam Adani’s companies have powered India’s rise as a global economic power.

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Business Lobbyists Scramble to Kill $100 Billion ‘Revenge Tax’

By: Alan Rappeport and Colby Smith —
Critics contend that the measure will scare off the foreign investment that President Trump wants to attract.

Legislation being advanced by Republicans in Congress would substantially increase the tax bills for many foreign companies that operate in the United States, raising more than $100 billion over a decade.

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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.

By: Keith Bradsher and Joy Dong —
Chinese families are sending money overseas, a sign of worry about the country’s economic and political future. But a cheaper currency is also helping exports.

Chinese tourists buying gold bars and gold accessories at LukFook, a jewelry store in Hong Kong, on Sunday.

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Apple’s Stock Falls on Reports of a Chinese Government iPhone Ban

By: Andrew Ross Sorkin， Ravi Mattu， Bernhard Warner， Sarah Kessler， Michael J. de la Merced， Lauren Hirsch and Ephrat Livni —
Shares in the tech giant fell for a second day following reports that Beijing would bar government workers from using iPhones.

Does China plan a broad crackdown on iPhones?

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Thailand’s Marijuana Business Is Growing Despite Regulatory Risks

By: Mike Ives —
The country’s legal marijuana business — a rarity in Asia — is struggling with oversupply, illegal imports and regulatory ambiguity. Investors are piling in anyway.

A cannabis farm in Nakhon Ratchasima, Thailand. The latest regulations for marijuana could give an edge to a high-quality domestic supply of weed.

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