Traders report July losers are worth buying

Some of last month’s biggest losers could change course in August, according to two traders. Energy and travel stocks were among the worst performers in July, weighed down by concerns about the spread of the delta variant of Covid. Las Vegas Sands, Diamondback Energy and Carnival Corp. were among the …

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Putting an end to abuses of power in the executive

President Biden took office six months ago with a promise to strengthen democratic institutions. Since then, his administration has taken several crucial steps to revitalize the standards that have successfully guided many past administrations, but there is still a lot of work to be done. Repeated abuses of executive power, …

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Key Developed Markets Events Next Week | Item

United States: Growing Aggressiveness Among Fed Members As Expected Key Steps In GDP Recovery After a very quiet week for macro US news, we are back in full force with the release of Q2 GDP and the Federal Reserve’s FOMC policy decision in July along with several other data points …

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Blackstone, DiDi, Netgear and more

Office of the Blackstone group in Luxembourg. Geert Vanden Wijngaert | Bloomberg | Getty Images Find out which companies are making the midday headlines. DiDi – Shares of the Chinese rideshare giant fell more than 9% after Bloomberg News reported that Beijing is considering tough penalties ranging from a massive …

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DOF: VAT revenue rule will be replaced

The Ministry of Finance (DOF) on Thursday clarified that the controversial Revenue Regulations (RR) 9-2021 will be repealed and replaced with a new one that will allow exporters to continue to benefit from the zero value added tax (VAT). percent on their premises. purchases of goods and services “used directly …

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