A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed, world markets see the sky again – encouraged that robust U.S. labor markets continue to def[...]
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Politics
Japan’s govt will vow to end deflation with bold monetary, flexible fiscal policy -draft
By Takaya Yamaguchi and Yoshifumi Takemoto TOKYO (Reuters) – Japan’s government will pledge to pull the economy out of deflation through bold monetary policy, flexible fiscal policy and a[...]
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US Congress averts historic default, approves debt-limit suspension
By Richard Cowan and Gram Slattery WASHINGTON (Reuters) – The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government’s $31.4 trillion[...]
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U.S. regulation fears drive insurers’ climate alliance break-up
By Tommy Wilkes LONDON (Reuters) -The success of Republicans in triggering the break-up of a coalition of insurance firms aimed at tackling climate change is down to U.S. states being the industry[...]
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Australia’s largest pension fund freezes work with auditor PwC
By Lewis Jackson SYDNEY (Reuters) – Australia’s largest pension fund will pause use of the domestic unit of auditor PricewaterhouseCoopers (PwC) as the “big four” firm reels fr[...]
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Marketmind: Markets feel Friday cheer as signs point to Fed pause
A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising expectations the Federal Reserve will stand still on interest rates in two weeks, and by re[...]
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Newly approved US flights by Chinese airlines avoid Russian airspace
By David Shepardson WASHINGTON (Reuters) – Chinese airlines are avoiding flying over Russian airspace in newly approved flights to and from the United States, according to flight tracking websit[...]
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Factbox-What’s in the debt ceiling deal struck by Biden and McCarthy?
WASHINGTON (Reuters) – The U.S. Senate is debating a bill brokered by President Joe Biden and House Speaker Kevin McCarthy that lifts the government’s $31.4 trillion debt ceiling while imp[...]
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Explainer-Can a New York state law solve or trigger an emerging markets debt crisis?
By Rodrigo Campos and Jorgelina do Rosario NEW YORK/LONDON (Reuters) -A bill backed by debt justice campaigners and civil society groups advocating on behalf of economically distressed countries could[...]
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