PRESS DIGEST – Wall Street Journal – July 29

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July 29 (Reuters) – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Traveloka, one of the largest online travel companies in Southeast Asia, is in talks to raise fresh funds that could value the Indonesian startup at as much as $4.5 billion, according to people familiar with the matter. ( )

– Former Federal Reserve Chairwoman Janet Yellen said she endorses a quarter-percentage-point cut in the central bank’s benchmark interest rate this week because of worries over global growth and low inflation. ( )

Secretary of Justice of Puerto Rico Wanda Vázquez, who is slated to replace the U.S. territory’s Governor Ricardo Rosselló, said she didn’t want the job and hoped Rosselló would instead appoint a new secretary of state. ( )

– U.S. President Donald Trump said on Sunday that Director of National Intelligence Dan Coats, who has tangled with the president over how to deal with the threat posed by Russia, is leaving his post. ( ) (Compiled by Bengaluru newsroom)