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Donald Trump and Malcolm Turnbull had a rocky start as political allies after their first phone call reportedly ended badly. In an exclusive interview with Bloomberg, Australia's prime minister reveals his subsequent conversations with Trump have been "constructive, frank and forthright," and he describes his U.S. counterpart as having a "very big personality."
Diplomatic Turnbull, however, has chosen to keep a tight lid on their discussions, stating that "with good friends, we are fairly circumspect about what we say in public." Watch highlights of the interview here, where he talks Trump and trade.—Kristine Servando
Getting money out of China is hard. Just ask Chinese tycoon Wang Jianlin, whose Wanda Group is having problems taking $1 billion out of China to pay for the acquisition of the U.S. production company behind the Golden Globes. With Beijing scrutinizing deals, Wanda might have to wait a while for its trophy.
Samsung's reputation tanks in America. A scandal over exploding phone batteries has cost the tech giant pride of place in the eyes of U.S. consumers. Samsung plunged from seventh to 49th in the latest Harris Poll rankings of 100 most visible corporations. Amazon took the top spot for a second straight year.
Here's what keeps executives awake at night. Cyberattacks are more worrying than Trump or Brexit, according to a global study of what businesses fear the most. The threat of a data breach and unplanned IT and telecom outages also ranked highly. Political instability featured on the list for the first time.
The age of the giant battery is near. The idea that they may someday revolutionize electrical grids has long enthralled clean-power advocates and environmentalists. Now, banks are starting to pile serious money into large-scale energy-storage projects, from California to Germany.
Hire me... but only for a little while. China’s millennials are increasingly warming to short-term employment, from stacking shelves to handing out pamphlets. The shift to temping stands in stark contrast to earlier generations' focus on stable jobs. As one millennial puts it, "The money is little, but I want a more interesting life."
Singapore's planning Southeast Asia's first carbon tax. The move would require more than 30 big polluters, such as power plants, to pay the levy, and revenue would help fund industry measures to reduce emissions.
How to score the toughest restaurant reservations. We asked insiders how they go about beating long waiting lists to snag a table at some of the most-popular fine-dining spots in Asia and Australia. One hint: keep some of your gourmand friends on speed dial in case a larger table frees up at the last minute.
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