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India considers tougher rules for audit firms

Bloomberg India is considering tougher rules for audit firms, including a cap on the number of listed companies they can examine, according to a person with knowledge of the matter, as the government seeks to tighten oversight after a recent spate of governance lapses. To stamp out conflicts of interest, the corporate affairs ministry is also weighing either a complete ...

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Macron calls for strengthening of Renault, Nissan ‘flagship’

Bloomberg French President Emmanuel Macron offered a political boost to the fraught partnership between Renault SA and Nissan Motor Co, calling for their car-making alliance to be strengthened. The combination is “a giant and a force that must not only be preserved but developed through synergies and alliances in all their forms to make it stronger in the face of ...

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Tech stocks rise on earnings; Treasuries fall, dollar rises

Bloomberg Technology shares gained on strong earnings from a leading chipmaker, while Treasuries fell with gold. The Nasdaq indexes rose after Micron Technologies Inc’s profit topped estimates. Chipmakers Intel Corp and Cisco Systems Inc also rallied. The S&P 500 pared early gains as heathcare shares and consumer staples weighed on benchmarks. Futures spiked higher overnight after a CNBC report that ...

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