Singapore’s competition watchdog has fined ride-hailing giant Uber and its regional rival Grab 13 million Singapore dollars ($9.5 million) for a merger in Southeast Asia that the agency says has driven up fares and reduced competition in the market.
German Chancellor Angela Merkel said Monday that it’s time for her coalition government to stop getting bogged down in internal squabbles, after its leaders reached a deal to resolve its second major crisis in just three months.
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