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Facebook, Amazon, Google React Positively to G7 Minimum Global Tax Deal

Silicon Valley companies on Saturday signaled approval of a G7 deal to back a 15% minimum global corporate tax. The deal has been described as 'historic' ....

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Asian Shares Mixed After Yellen's Comments


Asian Shares Mixed After Yellen s Comments
CANBERA (dpa-AFX) - Asian stocks ended Friday s session on a mixed note as investors digested upbeat U.S. data and reacted to reports that the world s largest economy will reveal a budget that would increase federal spending to $6 trillion in the coming fiscal year.
The dollar firmed up and Treasury yields ticked higher after U.S. Treasury Secretary Janet Yellen said above-normal inflation is likely to persist through the end of the year before fading.
Chinese shares fell slightly amid a strong yuan and lingering worries about policy tightening. Sino-U.S. relations remained on investors radar after the U.S. Senate advanced a sweeping package of legislation intended to boost the country s ability to compete with Chinese technology. ....

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