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Wall Street rallies on optimism about tax reform
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Wednesday, 23 August
As tax debate heats up, Republicans tweak business interest plan
1d ago - WASHINGTON (Reuters) - Congressional Republicans, seeking to address the complaints of small businesses, are floating changes to their controversial proposal to eliminate business tax deductions for debt interest payments, business lobbyists said on Tuesday.
Persimmon posts 30 percent first-half profit rise
1d ago - LONDON (Reuters) - Britain's second biggest housebuilder Persimmon said its first-half pre-tax profits rose 30 percent to 457 million pounds but it would remain cautious over land buying due to uncertainty around Brexit.
Lidl overtakes Waitrose in Britain's supermarket wars
1d ago - LONDON (Reuters) - Discounter Lidl [LIDUK.UL] has leapfrogged upmarket Waitrose [JLP.UL] in Britain's competitive food retail market, industry data showed on Tuesday, a sign that cash-strapped shoppers are still having to count their pennies.
U.S. targets Chinese, Russia entities for helping North Korea
1d ago - WASHINGTON (Reuters) - The United States on Tuesday imposed new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, but stopped short of an anticipated focus on Chinese banks.
Impala Platinum Warns of Widened Fiscal Year 2017 Loss
1d ago -
UK lender Provident plunges on profit warning, CEO goes
1d ago - (Reuters) - Provident Financial had almost 2 billion pounds wiped off its market value after its second profit warning in quick succession prompted the departure of CEO Peter Crook and suspension of its dividend.
German investor morale plunges as emissions scandal bites
1d ago - BERLIN (Reuters) - The mood among German investors fell for the third month running in August, a survey showed on Tuesday, linking the drop to an emissions scandal engulfing the country's car industry.
Philip Morris International CEO cheers U.S. FDA tobacco proposal
1d ago - (Reuters) - The chief executive of Philip Morris International (>> Philip Morris International) said he was "extremely encouraged" by the U.S. Food and Drug Administration's recent proposal to lower nicotine levels in cigarettes and nudge smokers toward less harmful alternatives such as e-cigarettes.
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