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Wednesday, 5 July 2017

Breaking business news for July 5, 2017

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Wednesday, July 5, 2017
S&P, Dow futures flat as Fed minutes awaited
(Reuters) - The S&P and the Dow futures were little changed on Wednesday as investors awaited minutes of the Federal Reserve's last meeting for clues on interest rate hikes.
Fed minutes in view, global stocks shift higher
LONDON (Reuters) - Stock markets rode out the latest rise in tensions around North Korea on Wednesday, with the main markets in Europe, Asia and the United States all inching higher as attention moved to minutes from the U.S. Federal Reserve's last meeting.
Worldpay says agreed to be taken over by Vantiv in $10 billion deal
(Reuters) - Worldpay Group Plc , Britain's largest payment processor, said on Wednesday that it had agreed to be bought by U.S. credit card technology firm Vantiv Inc in a deal valuing it at 7.7 billion pounds ($9.95 billion).
Airbus signs deal to sell 140 planes worth $23 billion to China
BERLIN (Reuters) - Airbus has signed an agreement to sell 140 aircraft to China, it said on Wednesday, in a deal worth almost $23 billion at list prices.
GM China says sales rebound in June, promises 10 models in second half
BEIJING (Reuters) - General Motors Co on Wednesday said sales rose in China in June after two consecutive months of decline, and promised to rebuild momentum in the world's largest car market with 10 new or refreshed models in the second half of 2017.
Monte Paschi looks to leave 'emergency room' and return to profit
MILAN (Reuters) - Italian bank Monte dei Paschi di Siena set out plans to get out of the "emergency room" and return to profit on Wednesday, clearing the way for a state bailout that should remove the biggest threat to the country's financial stability.
Halliburton buys Summit ESP to strengthen artificial lift business
(Reuters) - Oilfield services provider Halliburton Co said on Wednesday it would buy oilfield equipment supplier Summit ESP Inc, which is backed by Oklahoma energy and banking billionaire George Kaiser.
Exclusive: India considers private cars for ridesharing to cut traffic
NEW DELHI (Reuters) - India is examining the use of private vehicles as shared taxis in an effort to reduce car ownership and curb growing traffic congestion in major cities, sources familiar with the matter told Reuters.
Daimler, BAIC to invest $735 million in electric vehicles in China
FRANKFURT (Reuters) - Germany's Daimler and its Chinese joint venture partner BAIC Motor Corporation have agreed to jointly invest 5 billion yuan ($735 million) in battery electric vehicle production in China by 2020 and to provide the infrastructure needed.
Poland says close to missile launchers deal with Lockheed Martin
WARSAW (Reuters) - Poland will probably sign a supply deal with Lockheed Martin very soon for its long-planned HOMAR mobile artillery missile launcher project, defense minister Antoni Macierewicz said on Wednesday, ahead of a visit to Warsaw by U.S. President Donald Trump.
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