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MARKETS & FINANCE NEWS
Big tech companies retake market reins with earnings on tap
NEW YORK The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that have recently retaken leadership of the market. | Video
U.S. trade agency drops tariff threat against Vietnam over currency practices
3:52AM EDT
Take Five: The great Fed conundrum
JUL 23 2021
U.S. to stress need for 'guardrails' in Sherman's talks in China
11:48AM EDT
Global insurance recovery will be faster, stronger than in 2008 -Swiss Re
JUL 23 2021
U.S. business activity cools further in July - IHS Markit survey
JUL 23 2021
REGIONAL MARKETS NEWS
UNITED STATES
EUROPE & MIDDLE EAST
ASIA PACIFIC
UPDATE 1-PropertyGuru to go public in merger with SPAC backed by Richard Li, Peter Thiel
Southeast Asian online realty company PropertyGuru on Friday agreed to go public through a merger with a blank-check firm backed by billionaires Richard Li and Peter Thiel, giving the combined company an equity value of about $1.78 billion.
4:16AM EDT
UPDATE 2-U.S. trade agency drops tariff threat against Vietnam over currency practices
The U.S. Trade Representative's office on Friday said it had determined that no tariff action against Vietnam was warranted after its central bank agreed with the U.S. Treasury not to manipulate its currency for an export advantage.
3:49AM EDT
CORRECTED-PropertyGuru to go public in merger with SPAC backed by Richard Li, Peter Thiel
Southeast Asian online realty company PropertyGuru on Friday agreed to go public through a merger with a blank-check firm backed by billionaires Richard Li and Peter Thiel, giving the combined company an equity value of about $1.78 billion.
1:02AM EDT
RPT-U.S. business borrowing for equipment rises 17% in June - ELFA
Borrowings by U.S. companies for capital investments rose about 17% in June from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Friday.
JUL 23 2021
Brazil competition regulator signals 'complex' path for Oi sale approval
The superintendence of Brazil's competition regulator Cade said on Friday it viewed an asset sale by Brazilian telecom Oi SA as "complex," suggesting that TIM, Telefônica Brasil and América Móvil's Claro may struggle to wrap up a quick sale.
JUL 23 2021
Global insurance recovery will be faster, stronger than in 2008 -Swiss Re
The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation risk, insurer Swiss Re AG's chief Americas economist said on Friday.
JUL 23 2021
LIVESTOCK-Cattle futures gain; medium/long term supplies tighten
CME feeder cattle futures firmed on Friday, bolstered by lower corn and wheat markets that may translate into eased feed costs, traders said.
JUL 23 2021
UPDATE 1-Buenos Aires province expects high take-up in $7 bln debt offer, source says
Argentina's Buenos Aires province is confident of a high acceptance for its $7 billion debt restructuring after agreeing a deal with key creditors, a source close to the talks said, despite some bondholders criticizing the offer.
JUL 23 2021
UPDATE 2-Getaround car sharing company settles with Washington, D.C. for $950,000
Getaround Inc will pay $950,000 to Washington, D.C. and revise its business practices after allegations that it misrepresented the benefits and nature of its car sharing services and failed to pay city sales taxes, officials said on Friday.
JUL 23 2021
Bank of America relaxes COVID-19 health checks for some staff - Business Insider
Bank of America's staff in most U.S. states no longer need to fill out health assessments to enter their offices from Monday, regardless of vaccination status, Business Insider reported on Friday, citing a leaked memo.
JUL 23 2021
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