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Daily Investor Update: Mexico's dependence on U.S. demand spells trouble for weak economy

Reuters.com Newsletter

Mexico's dependence on U.S. demand spells trouble for weak economy

Under the threat of U.S. trade tariffs, Mexico's president has pledged to make his country less reliant on U.S. demand. But exports to its northern neighbor have been one of the few things driving Latin America's second-largest economy this year.

FTC probes Facebook's acquisition practices - WSJ

The U.S. Federal Trade Commission is investigating whether Facebook Inc acquisitions were aimed at buying up potential rivals before they could become a threat to the social media company, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

LSE's $27 billion deal rehabilitates Refinitiv debt

Financial data firm Refinitiv's $13.5 billion debt, once described as having some of the weakest-ever investor protections typical of the frothy peak of the credit cycle, is being rehabilitated by its $27 billion merger with the London Stock Exchange.

Beyond Meat's secondary stock offering priced at $160 per share

Meat alternatives company Beyond Meat Inc said on Wednesday a secondary offering of 3.25 million new shares would be priced at $160 per share, an 18.6% discount to the stock's closing price.

U.S. retailers blast new China tariffs, see boost in consumer prices

President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1 will hit consumers at the start of the important back-to-school buying season, four large retail trade associations warned on Thursday.

Trump threatens new tariffs as U.S.-China trade tensions spike again

U.S. President Donald Trump on Thursday moved to impose a 10% tariff on a remaining $300 billion list of Chinese imports starting Sept. 1, after U.S. and Chinese negotiators failed to kickstart trade talks between the world's two largest economies.

Retail trade group says plan to impose new tariffs will raise prices, hurt jobs

The National Retail Federation, a top U.S. trade group, said President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1, is a flawed strategy that will raise prices and hurt jobs.

Banks could reap $100 million in fees from LSE-Refinitiv deal

A pool of ten investment banks working on the London Stock Exchange Group's $27 billion purchase of financial-data business Refinitiv could reap advisory fees of up to $100 million, according to industry estimates.

Instant View: Trump announces new tariffs on China

U.S. President Donald Trump on Thursday moved to impose a 10% tariff on an additional $300 billion worth of Chinese imports starting Sept. 1, after U.S. and Chinese negotiators failed to kickstart trade talks between the world's two largest economies.

Trump's China tariffs rattle markets: stocks, oil tumble

U.S. President Donald Trump sent financial markets reeling on Thursday when he announced an additional 10% tariff on $300 billion in Chinese products would take effect next month.

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