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Merz's reforms have potential - eventually - to boost German growth 

By Maria MartinezA late-night deal agreed by Chancellor Friedrich Merz's ruling coalition on a long-awaited package of reforms has the potential to give Germany's anaemic economy a shot in the arm if implemented fully and quickly, economists and business leaders said.The measures to cut red tape, o…

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Economy

Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Thursday:** Norwegian fertiliser maker Yara <YAR.OL> said its subsidiary had agreed to buy Gulf Coast Ammonia's production plant in Texas from GCA Holdings LLC for $1.3 billion.** SoftBank's LY Corp TSE:4689 and Ba…

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TSX opens higher as gold prices lift materials stocks

Canada's main stock index opened higher on Thursday, lifted by the materials sector as gold prices jumped after a disappointing U.S. jobs report tempered expectations for interest rate hikes.The Toronto Stock Exchange's S&P/TSX Composite Index TSX:TSX was up 0.4% at 34,975.38 points.

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Canadian factory PMI edges higher despite war-linked supply disruptions

By Fergal SmithCanada's manufacturing sector expanded further in June as production and employment rose, but not all was positive for the sector as intensifying supply shortages helped lift cost inflation to a near four-year high.The ‌S&P Global Canada Manufacturing Purchasing Managers' Index (PMI…

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Economy
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Lindsay Corp reports results for the quarter ended May 31 - Earnings Summary

FORECAST CHANGESRECOMMENDATIONSThis summary was machine generated from LSEG data July 2 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact Refiniti…

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StocksUS
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IMF to raise Brazil 2026 growth forecast, finance minister says

Brazil's Finance Minister Dario Durigan said on Thursday that the International Monetary Fund is expected to raise its forecast for Brazil's economic growth in 2026, as well as its estimate of the country's potential growth rate.The IMF is expected to release its macroeconomic updates for Brazil ne…

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Economy
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Fed's Daly says US policy 'slightly restrictive,' next step uncertain

By Ann SaphirSan Francisco Federal Reserve President Mary Daly said on Thursday that U.S. monetary policy is "slightly restrictive" but that with "exceedingly strong" investment growth in AI-related technology and a stable labor market it's unclear what the Fed's next step should be."I think there'…

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Economy