Asia-Pacific stocks rise; Meituan earnings ahead

Shares in Asia-Pacific rose in Monday morning trade. Investors look ahead to the release of earnings from Chinese food delivery giant Meituan. U.S. Federal Reserve Chairman Jerome Powell indicated Friday that the central bank is likely to begin tapering before the end of the year, though there is still "much ground to cover" before rate hikes. SINGAPORE — Shares in […]

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Woke history hits Middle East as Palestinians accused of erasing history

To equate Israel with terrorist nation is ‘absolutely uncalled for’: Rep. Burgess GOP members introduce resolution condemning progressive lawmakers. Rep. Michael Burgess with insight on ‘Fox & Friends First.’ Palestinian leaders and their western supporters on the political Left are now re-interpreting Biblical history amid a wider expansion of woke activism in the Middle East, critics say. The Palestinian Authority (PA), emboldened by […]

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Italy reports 54 coronavirus deaths on Saturday, 6,860 new cases

FILE PHOTO: A 14-year-old girl receives a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) vaccine at “La Vela” vaccination centre in Rome, August 16, 2021. REUTERS/Guglielmo MangiapaneROME (Reuters) – Italy reported 54 coronavirus-related deaths on Saturday, compared with 45 the day before, the health ministry said, while the daily tally of new infections fell to 6,860 from 7,826. Italy has […]

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U.S. strikes Islamic State in Afghanistan after deadly Kabul attack

U.S. service members assist at an Evacuation Control Check Point (ECC) during an evacuation at Hamid Karzai International Airport, Kabul, Afghanistan, August 26, 2021. U.S. Marine Corps/Staff Sgt. Victor Mancilla/Handout via REUTERSWASHINGTON (Reuters) -The United States launched a drone strike against an Islamic State attack planner in eastern Afghanistan on Friday, the military said, a day after a suicide bombing […]

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Barclays buys $3.8 billion Gap credit card portfolio in the US

Fox Business Flash top headlines for August 26 Check out what’s clicking on FoxBusiness.com. Barclays said on Friday its United States arm will buy a $3.8 billion credit card portfolio from Synchrony Bank, as the British lender seeks to grow its U.S. profits and diversify further in to fee-earning businesses. The co-branded credit card accounts and receivables were issued in […]

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Analysis-Southeast Asia tech dealmaking booms as investors place post-COVID bets

SINGAPORE (Reuters) – Fintech and e-commerce companies in Southeast Asia are raising hefty amounts of capital as global investors bet on post-pandemic technology plays, bankers and investors said, a trend that is also stoking concerns about frothy valuations.FILE PHOTO: The app of Indonesian e-commerce company Bukalapak is seen on a mobile phone next to its logo displayed in this illustration […]

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