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Category: Business

Business

Global corporate profits to fall 8% in Q3 after record Q2 – data

September 8, 2021
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Global corporate profits in the third quarter are likely to fall for the first time in 18 months after record […]

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Business

U.S. to restart oil leasing with offshore auction this year

September 7, 2021
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The Biden administration said on Tuesday it would take steps to restart the federal oil and gas leasing program in […]

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Business

China c.bank increases cash injections to soothe tightening worries

September 6, 2021
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China’s central bank increased short-term fund injections into the financial system on Wedneday, in a bid to soothe market worries […]

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Business

Afterpay loss widens on higher marketing spend to tap new markets

September 5, 2021
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Afterpay Ltd (APT.AX) said on Wednesday its annual marketing costs more than doubled as it entered new markets to tap […]

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Business

Evergrande supplier threatens lawsuit over late payment

September 4, 2021
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Debt-laden developer China Evergrande Group (3333.HK) has failed to pay some overdue bills, piping supplier Yonggao Co Ltd (002641.SZ) said, […]

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Business

Goldman Sachs raises odds on U.S. Fed taper announcement in Nov

September 3, 2021
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Goldman Sachs economists have raised the odds that the U.S. Federal Reserve will announce the start of tapering its bonds […]

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Business

Michael Kors owner names former Coach head Schulman as next CEO

September 2, 2021
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Michael Kors parent Capri Holdings (CPRI.N) said on Tuesday luxury veteran Joshua Schulman would become its chief executive officer in […]

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