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World’s most important market needs some work

  Treasury securities play a crucial role in global finance. They’re widely viewed as a close substitute for dollars, a safe place to park everything from a company’s cash to a central bank’s reserves. They provide a benchmark for determining the value of a vast array of assets, including mortgages, corporate bonds and shares in public companies. They’re the ultimate ...

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Boeing’s 737 Max 10 may not be approved by FAA until next summer

  Bloomberg Boeing Co. doesn’t expect its 737 Max 10 model to be ready for certification until next summer at the soonest, US aviation regulators told a key lawmaker. The planemaker’s latest plan was relayed in a letter from Federal Aviation Administration (FAA) acting Administrator Billy Nolen to Senator Roger Wicker, a Mississippi Republican. The comments provided the latest indication ...

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Nestle to invest $1b towards sustainable coffee farming

  Bloomberg Nestle SA, the world’s largest coffee company, will invest more than 1 billion Swiss francs ($1 billion) by 2030 to encourage farmers supplying its Nescafe brand to employ more sustainable farming methods as climate change and extreme weather threaten crops. Nestle will offer training about the best planting techniques as well as cash incentives to motivate farmers to ...

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