(This July 13 story has been refiled to replace ‘attorney generals’ with ‘attorneys general’ throughout) By Daniel Wiessner (Reuters) – A group of Republican U.S. state a[...]
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July 14, 2023
Analysis-Pakistan and Argentina bonds’ surge belies bigger reform hurdles
By Libby George and Jorgelina do Rosario LONDON (Reuters) – Investors have piled back into bonds in Pakistan and Argentina following cash infusions and optimism over multilateral support, but th[...]
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SEC fines Cantor Fitzgerald over repeated failure to identify large traders
(Reuters) – The U.S. Securities and Exchange Commission has fined Cantor Fitzgerald $1.4 million over the company’s repeated failure to identify and report customers as large traders. Cant[...]
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State Street beats profit estimates as interest income rises
(Reuters) – State Street Corp on Friday beat profit estimates for the second quarter as the bank’s interest income benefited from the U.S. Federal Reserve’s policy tightening and ass[...]
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China’s BYD says H1 net profit could more than triple
HONG KONG (Reuters) – Chinese electric vehicle giant BYD Co LTD forecast strong growth in its six-month net profit on Friday, buoyed by robust car sales and increased market share. Net profit fo[...]
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Emerging market equity fund inflows outpace developed market rivals
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market equity funds are outpacing developed market rivals in attracting inflows for the first time in three years, underscoring[...]
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Brazilian union sues JBS over alleged exploitation of chicken workers
By Ana Mano SAO PAULO (Reuters) – A Brazilian labor union has accused JBS SA of submitting dozens of workers to “degrading conditions,” according to a class action suit filed against[...]
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Mazda says needs China strategy overhaul to catch up with market
TOKYO (Reuters) -Japan’s Mazda Motor needs to overhaul its strategy in China, the world’s biggest auto market, where it faces increasingly tough competition from domestic players, the auto[...]
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Swedish landlord SBB rules out state support as cash dwindles
By Marie Mannes STOCKHOLM (Reuters) -Swedish property group SBB on Friday ruled out state support as it sought to repair its battered finances, marred by a heavy loss and dwindling cash. The $13 billi[...]
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