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US economy to expand over 6% in 2021
Sat, 05 Jun 2021 22:50:49 GMT
 
The US economy will expand by more than 6% this year, in part due to the nation's aggressive fiscal policy stance, a report published by the Peterson Institute for International >>
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Ireland praises G7 tax deal
Sat, 05 Jun 2021 20:00:06 GMT
 
The Irish Finance Minister Paschal Donohoe stated on Saturday that G7's tax deal would not undermine multinationals' investments. >>
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Consortium agrees to buy Medline
Sat, 05 Jun 2021 19:14:27 GMT
 
According to sources familiar with the matter, Blackstone Group, Carlyle Group and another private equity company agreed to buy Medline Industries Inc. >>
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Yellen calls for fiscal support
Sat, 05 Jun 2021 18:29:48 GMT
 
Janet Yellen, the US Treasury Secretary, urged G7 member states to maintain fiscal support to help economies to recover. >>
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Ford US sales rise
Sat, 05 Jun 2021 17:00:07 GMT
 
Sales of Ford vehicles in the US increased 4.1% to 161,725 in May, compared to the same period the previous year, data published by the company show. >>
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India revises GDP down
Sat, 05 Jun 2021 16:00:07 GMT
 
The central bank of India revised the economic growth rate to 9.5% from 10.5% in 2022, a statement published by the bank shows. >>
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Eurozone retail sales decline
Sat, 05 Jun 2021 15:00:08 GMT
 
Retail sales in the Eurozone declined 3.1% in April from the previous month, more than forecasted, the statistics office Eurostat reports. >>
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Biden rejects new infrastructure offer
Sat, 05 Jun 2021 14:00:21 GMT
 
The US President Joe Biden declined a new proposal from Republicans to increase spending by $50B on his 2022 infrastructure plan from a previous offer of roughly $257B. >>
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G7 concludes tax deal
Sat, 05 Jun 2021 13:34:57 GMT
 
On Saturday, G7 member states negotiated a deal on multionational companies new taxation rules. >>
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Philippines presses charges against Wirecard's COO
Sat, 05 Jun 2021 12:00:07 GMT
 
On Saturday, Philippine authorities pressed charges against Wirecard's former COO Jan Marsalek and other managers over violating the country's banking, e-commerce and other laws. >>
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Ryanair to file an appeal
Sat, 05 Jun 2021 11:34:53 GMT
 
Ryanair CEO Eddie Wilson state on Saturday that the company would file an appeal against the funding provided by the Italian government to Alitalia successor. >>
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Morgan Stanley hires Luigi Rizzo
Sat, 05 Jun 2021 10:00:06 GMT
 
According to sources familiar with the matter, Morgan Stanley made an offer to former BoA's banker Luigi Rizzo to become Vice Chairman overseeing investment banking in the EMEA region. >>
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G7 close to agree on multinationals taxation
Sat, 05 Jun 2021 09:05:58 GMT
 
Bruno Le Maire, the French Finance Minister, stated on Saturday that G7 members were one step away for signing deal on new taxation rules of multinational companies. >>
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Canada unemployment rate rises
Sat, 05 Jun 2021 08:00:07 GMT
 
The unemployment rate in Canada increased 0.1% to 8.2% in May, data published by the Statistics Canada show. >>
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Italy expects stable economic growth
Sat, 05 Jun 2021 07:00:10 GMT
 
The economy of Italy is expected to experience a stable and sustainable growth, the National Institute of Statistics reports. >>
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