China to audit overseas assets of state-owned firms
The Chinese government will audit the overseas assets of state-owned enterprises, the regulator announced, as it tries to improve transparency and combat corruption.
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Macerich Co, the third-largest U.S. shopping mall owner, rejected a $14.39 billion unsolicited offer from larger rival Simon Property Group Inc, saying the proposal "substantially undervalues" the company.
Accused Boston Marathon bomber Dzhokhar Tsarnaev told a high school friend his older brother was "very strict" and might not like him because he was not Muslim, the friend testified on Tuesday.
U.S. congressional Republicans who oppose President Barack Obama's pursuit of a nuclear deal with Tehran and are eager to portray Iran as untrustworthy will use a hearing in Congress on Wednesday to air complaints about Iran's actions in Latin America.
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