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New Zealand's Manufacturing Sector Remains in Contraction
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Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business -
Thomas Tuchel won't return to Bayern Munich despite new contract talks: 'We couldn't reach an agreement'
Tuchel and Bayern first agreed he'd leave in February before rekindling talksCBS Sports - Sports -
AstraZeneca Plans $1.5 Billion Manufacturing Facility In Singapore
The Anglo-Swedish pharmaceutical giant plans to build a $1.5 billion manufacturing facility in Singapore to boost its global supply of cancer-killing treatments.The Wall Street Journal - World -
AstraZeneca to build $1.5bn manufacturing site in Singapore
Anglo-Swedish drugmaker to produce targeted chemotherapy drug at facilityFinancial Times - World -
One of Wall Street’s last remaining bears, Morgan Stanley, has finally capitulated. Here’s its new S&P 500 target.
Morgan Stanley’s Mike Wilson sees S&P 500 at 5,400 by second quarter of next yearMarketWatch - Business -
Radical change looms for Japanese legal sector
Advisers are braced for more domestic businesses to become targets for unsolicited takeoversFinancial Times - World - Japan -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
China moves to revive stricken property sector
Also in this newsletter: main UK political parties ramp up campaigning, US-built pier in Gaza opens for aid, science round-upFinancial Times - World - China -
Yelp for government contracting? Procurated launches Canary
Canary seeks to empower both state governments in evaluating suppliers, and suppliers in evaluating their performance.VentureBeat - Tech -
Messi's napkin contract promise sells for £762,400
The napkin on which 13-year-old Lionel Messi's first Barcelona contract was signed is sold at auction - for £762,400.BBC News - Top stories
More from The Wall Street Journal
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Hims & Hers Health to Offer Injectable Weight-Loss Drugs on Telehealth Platform
Hims & Hers Health is adding GLP-1 injections to its weight loss offering, a move that can bolster the company’s standing as demand for such treatments remains extremely popular.The Wall Street Journal - World -
The Morning Risk Report
Binance gets two compliance monitors in settlements with U.S. authorities, and JPMorgan's Jamie Dimon led bank CEOs to fend off tougher capital rules. Also, the U.S. fears undersea cables are vulnerable to espionage from Chinese repair ships.The Wall Street Journal - World -
U.S. Natural Gas Futures Extend Rally On Weather-Driven Demand
U.S. natural gas futures extend their rally on strong near-term cooling demand following two weeks of below-estimate builds in inventories.The Wall Street Journal - World -
Grayscale CEO Michael Sonnenshein Steps Down
The crypto asset manager is battling an investor exodus from its flagship bitcoin fund.The Wall Street Journal - World -
After Raisi's Death, Iran Wrestles With Two Succession Challenges
Ebrahim Raisi’s death has dealt a blow to the country’s politics and raises questions regarding the succession of not just the presidency, but also the most powerful position in the country.The Wall Street Journal - World - Iran