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Morning Bid: The bond vigilantes are resting, for now

(Corrects date of payrolls release and column dateline) By Amanda Cooper LONDON (Reuters) -What matters in U.S. and global markets today by EMEA markets breaking news editor Amanda Cooper. Intro Donald Trump’s “One Big Beautiful Bill” is heading towards a final yes-or-no vote this morning, after House ...
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France fines retailer Shein 40 million euros for misleading discounts

PARIS (Reuters) -France’s antitrust agency said on Thursday it had fined China-founded fast-fashion retailer Shein 40 million euros ($47.17 million) for alleged deceptive business practices including misleading discounts, following a nearly year-long probe. The agency, in charge of consumer protection as well as competition, said ...
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Lazard hires BofA banker to strengthen financial sponsors division, source says

(Reuters) -Investment bank Lazard has hired Bank of America’s Bill Hart to lead their financial sponsors division’s coverage focused on West Coast clients, a person familiar with the move said on Thursday. Hart, who has over a decade of working experience with financial sponsors, ...
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Only 15 electric vehicle brands in China will survive by 2030, AlixPartners says

BEIJING (Reuters) -Only 15 out of the 129 brands that currently sell electric vehicles and plug-in hybrids in China will be financially viable by 2030, as intense competition forces consolidation and some to exit the market, consultancy AlixPartners said on Thursday. These 15 brands are ...
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Morning Bid:The bond vigilantes are resting, for now

LONDON (Reuters) -What matters in U.S. and global markets today by EMEA markets breaking news editor Amanda Cooper. Intro Donald Trump’s “One Big Beautiful Bill” is heading towards a final yes-or-no vote this morning, after House Republicans advanced the U.S. president’s landmark tax but and spending ...
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Tesla’s German car sales continue to fall in June

(Reuters) -Tesla’s sales volume in Germany fell by 60% in June, the German road traffic agency KBA said on Tuesday, although sales of battery electric vehicles rose overall. KBA said Tesla sold 1,860 cars in Germany in June, down 60% from a year earlier. The ...
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France fines Shein 40 million euros for deceptive business practices

PARIS (Reuters) -France’s antitrust agency said on Thursday it had fined fast-fashion retailer Shein 40 million euros ($47.17 million) for alleged deceptive business practices including misleading discounts and vague claims about environmental impact, following a nearly year-long probe. The agency said Infinite Style E-Commerce Co ...
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Dairy supply management could sour Canada-US trade talks

By Ed White WINNIPEG, Manitoba (Reuters) -Canada canceled a digital service tax on U.S. technology companies this week in order to preserve trade talks with U.S. President Donald Trump, but another irritant, in agriculture, could be a bigger thorn in the ongoing negotiations. Analysts said ditching ...
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Explainer-Why are farm goods holding up the India-U.S. trade deal?

By Rajendra Jadhav MUMBAI (Reuters) -U.S. and India trade negotiators were pushing on Wednesday to finalise a tariff-reducing deal ahead of President Donald Trump’s July 9 negotiating deadline, but disagreements over U.S. dairy and agriculture remained unresolved. WHY ARE FARM GOODS IMPORTS SENSITIVE IN INDIA? Agriculture and its ...
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Indonesia says it will sign $34 billion pact with US partners ahead of tariff talks deadline

By Stefanno Sulaiman JAKARTA (Reuters) -Indonesia will sign a pact worth $34 billion with business partners next week to boost purchases from the U.S., as part of efforts to strike a trade deal with Washington ahead of the July 9 deadline, Indonesia’s chief economic minister ...
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Polestar to make new SUV in Europe from 2028

By Marie Mannes and Anna Ringstrom STOCKHOLM (Reuters) -Polestar said on Thursday it would make its Polestar 7 SUV model at a Volvo Cars factory in Slovakia, as the EV maker shifts more production from China and tries to cut its exposure to heavy European ...
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US court officer recommends Gold Reserve-led group’s $7.38 billion bid for Citgo parent

By Shubham Kalia (Reuters) -A U.S. court officer overseeing the auction for PDV Holdings, the parent of Venezuela-owned U.S. refiner Citgo Petroleum, has recommended a $7.38 billion bid from Dalinar Energy, a unit of Gold Reserve, according to a court filing and a company statement. The ...
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