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The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear for scheduled testimony for the regulator’s probe into his $44 billion takeover of Twitter. In a court filing,…

Hong Kong-based insurer AIA Group reported a 25 per cent increase in first-half value of new business (VONB) on Thursday, driven by robust demand for its insurance products in its key markets. The insurer’s VONB, which gauges expected profits from…