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China Hits Ant Group with $985 Million Fine

The New York Times: Banking

After nearly three years of regulatory scrutiny, the fine is seen as a sign that Beijing is wrapping up its crackdown on technology firms.

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Saudi Investors and MBS Head to Paris, Looking for Deals

The New York Times: Banking

A contingent from the kingdom, including its powerful crown prince, are in the French capital looking to spend big on investments.