Holdout bondholders join Puerto Rico sales tax debt restructuring
Sept 21 (Reuters) - Two major holders of Puerto Rico bonds that opposed a restructuring deal for the bankrupt U.S. commonwealth's Sales Tax Financing Corporation (COFINA) revenue bonds are now part of the agreement, the island's federally appointed oversight board announced on Friday.
Putnam stares down hedge funds on big shopping mall bet
BOSTON (Reuters) - Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy.
Receding trade fears propel stocks to six-month peak
NEW YORK (Reuters) - The U.S. dollar rebounded and world shares hit a six-month high on Friday after China's moves to boost domestic consumption bolstered a rally driven by investor bets the latest U.S.-China trade fracas was unlikely to dent global growth.
U.S. official in Russia probe suggested taping Trump, 25th amendment: NYT
WASHINGTON (Reuters) - The U.S. official who oversees the federal investigation into Russia's role in the 2016 U.S. election last year suggested secretly recording President Donald Trump and recruiting Cabinet members to invoke a constitutional amendment to remove him from the White House, the New York Times reported on Friday.
FOREX-Pound plunges after no-deal Brexit fears rise, boosting dollar
* Pound set for biggest daily loss since 2017
Adviser says U.S. close to Mexico-only NAFTA deal, Canada unmoved
WASHINGTON (Reuters) - The United States is getting "very, very close" to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday.
UPDATE 2-Adviser says U.S. close to Mexico-only NAFTA deal, Canada unmoved
WASHINGTON, Sept 21 (Reuters) - The United States is getting "very, very close" to having to move forward on its trade deal with Mexico without Canada, White House economic adviser Kevin Hassett said on Friday.
China opens embassy in Dominican Republic after break with Taiwan
SANTO DOMINGO (Reuters) - China's most senior envoy inaugurated a new embassy in the Dominican Republic on Friday after the Caribbean country cut ties with Taiwan in a move that prompted U.S. concern over the Asian island's dwindling number of allies.
Farfetch tops price range in IPO in boon to luxury market
PARIS/NEW YORK (Reuters) - Farfetch
priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands.
S&P 500, Dow hit new highs ahead of index reshuffle
NEW YORK (Reuters) - The S&P 500 and Dow reached record highs on Friday ahead of Monday's major sector reshuffle, capping a week that largely shrugged off trade worries.
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