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Pimco at odds with Goldman on Yellen as September rate bets rise

  Bloomberg Federal Reserve Chair Janet Yellen’s speech on Friday was hawkish enough for Goldman Sachs Group Inc. to boost the odds of a September interest-rate increase, while Pacific Investment Management Co. said there was nothing of note in her remarks. Bond traders agree with Goldman Sachs, with the market-implied probability of action next month rising after Yellen said in ...

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China’s big three airlines face $1.3bn losses

  Bloomberg China’s three biggest airlines are poised to report losses totaling 8.5 billion yuan ($1.3 billion) from currency swings this year as a weaker yuan proves a drag amid rising traffic and cheaper fuel. The silver lining: The losses are narrowing. Flagship carrier Air China Ltd. may face 3 billion yuan in foreign-exchange losses, while China Southern Airlines Co., ...

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Doha airport brings in passenger tax

  AFP Qatar’s international airport said on Monday it is to charge passengers an exit tax as the energy-reliant emirate adjusts to falling oil prices. The 35-riyal ($10) levy is to be introduced this week, Hamad International Airport (HIA) said in a statement. The fee, to be added to airline ticket prices, will apply to tickets issued on or after ...

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