Fed to start selling corporate bonds held in emergency lending facility next week

Fed to start selling corporate bonds held in emergency lending facility next week

One of the emergency lending facilities that the Fed formed to support markets during the pandemic will start gradual sales of its corporate bond
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Traders Who Dumped Petrobras Misread the General-Turned-CEO

Joaquim Silva e Luna's introduction to global financial markets was as … Mobil Corp. and Chevron Corp., according to data compiled by Bloomberg.
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Russia's Central Bank develops, adopts, launches open banking API standard

July 8 (Interfax) – The Central Bank of Russia (CBR) has developed, adopted and launched a standard for open banking interfaces, Application
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How lenders will spend federal windfall on low-income communities

And it may be on the way. The Treasury Department last month announced that it was awarding $1.25 billion to 863 community development financial
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RBA won't use rates to cool housing market

House prices have surged 13.5 per cent in the past year, the strongest gain since 2004. Reserve Bank governor Philip Lowe has assured home buyers
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Growth Lending provides GBP750k investment to AKD Facilities Management

AKD Facilities Management will use a revolving credit facility from the alternative finance provider Growth Lending to strengthen cash flow and fund
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Rolling Stone to launch in the UK

… Penske Media Corporation (PMC) to launch the print title and its associated … The company, owned and run by Darren Styles OBE, is also the team
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India: THE WHY AND THE HOW OF TITLE DUE DILIGENCE

Insolvency and Bankruptcy Code (“IBC”): If the holder of the subject property is a company, one should carry out Registrar of Companies searches to
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UPDATE 1-Brazil's GPA, Diniz family office settle real estate dispute

RIO DE JANEIRO, July 8 (Reuters) – Brazilian food retailer GPA has settled an arbitral dispute with the real estate arm of Brazilian investment fund
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5 Living Expenses Worst Hit by Rising Prices in Nigeria

According to the World Bank, Nigeria's economy contracted by -1.8% in 2020 … Global Citizen went into the streets of the commercial city of Lagos and
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Beyond Meat looks to expand with its own line of plant-based chicken tenders

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. Beyond Meat Inc.'s breaded faux-chicken tenders are
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Wells Fargo Taps Nipul Patel as Head of Commercial Real Estate Banking

Patel, a 25-year veteran at Wells Fargo, will move away from his previous role as a senior credit officer within the real estate managed assets group to
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Lone Star Funds Consolidates Global Leadership of Its Opportunity and Commercial Real Estate …

Donald Quintin oversees Opportunity Fund Investments; André Collin oversees Commercial Real Estate Investments. DALLAS & NEW YORK
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Fair lending, mortgage servicing issues detailed in CFPB report

… Highlights detailing issues with fair lending and mortgage servicing. The report delved into legal violations identified by the bureau's examinations in
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Jeep Maker Will Plow $36 Billion Into Electrifying Lineup

To follow Bloomberg's live blog on the Stellantis EV Day, click here. (Updates with shares in fifth paragraph.).
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Pittsburgh's new home construction is booming despite high lumber costs and labor shortages

Pittsburgh-area homebuilders and homebuyers are shrugging off the higher cost of new home construction as residential real estate prices soar,
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'Competition is getting nasty': Rise in private home listings benefits brokerages, hurts buyers (and …

Many real estate brokers say pocket listings are harmful for buyers who don't have access to the full market of homes for sale. In addition, sellers are
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Price Shock Has This Indian Debt Manager Expecting Hawkish RBI

A further rise in inflation in June would decrease the Reserve Bank of India's comfort with its accommodative stance, said Abhishek Gupta, Bloomberg's
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Rome's ancient Appian Way — buyers take the road to 'la dolce vita'

Revived by 19th-century Pope Pius IX, it fell into disrepair and was damaged in the second world war when it was used to move troops. But today the
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China's data crackdown could chill pipeline of US IPOs

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning. China said it would tighten restrictions on the overseas
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