Industry News

Bank of India governor Raghuram Rajan's decision not to seek an extension after his three-year term ends on 4 September dominated every meeting. Broadly, the foreign investors were curious to know why Rajan is not looking for another term; who will replace him; and, after Rajan leaves, will RBI continue with its fight against inflation and the clean-up drive of bank balance sheets."/>
Mint, New Delhi, Tamal Bandyopadhyay column [Mint, New Delhi]
Tax filing gets faster, easier, better [Mint, New Delhi]
Delek Group Ltd.' s shares in The Phoenix Holdings Ltd., according to a notification from Delek Group to the Tel Aviv Stock Exchange this morning. The notice states that in the event of a sale the consideration for Delek's 52.3% stake in Phoenix will not be less than NIS 1.8 billion. Delek Group is controlled by Yitzhak Tshuva."/>
BRIEF: Delek Group signs MOU on Phoenix with Chinese co [Globes, Tel Aviv, Israel]
Retail's road ahead [The Pueblo Chieftain, Colo.]
Viva Technology Paris Exceeds its Goals
Detroit Free Press Susan Tompor column [Detroit Free Press]
Daily Mail, London, business briefs column [Daily Mail, London]
SCHRODERS has launched a Global Gold fund which will invest in gold and precious metals firms across the world. The arrival of the fund comes just as investors flock to precious metals in a bid to find safety from the volatile stock market. Following the referendum result last Friday the price of gold reached a two year high of $1,358 an ounce."/>
Schroders fund that bids to be safe haven [Daily Mail, London]
Daily Mail, London, Alex Brummer column [Daily Mail, London]
MERLIN Entertainments, the owner of Thorpe Park, Alton Towers and Legoland, has had a strong run in the aftermath of the EU referendum. One theory is that a weaker pound will keep Brits on these shores over the summer, spending their holiday money at UK attractions. Merlin is an obvious beneficiary of that."/>
Daily Mail, London, market report column [Daily Mail, London]

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