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Swiss businessman Domenico Scala stepped down as the head of FIFA's independent audit committee on Saturday, alleging loss of independence of independent watchdog committees. Scala had led reforms in the scandal-tainted global soccer body. He expressed concern over a resolution passed by the FIFA...

Japanese Prime Minister Shinzo Abe is set to postpone a consumption tax hike scheduled for next April over fears that it would derail efforts to boost prices, the Nikkei business daily reported Saturday. Abe is likely to deliberate more on the matter and announce the decision only after the Group...

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