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ASX 200 declines; Super Retail chair, CEO sued; Fortescue dives; Rex update awaited; BHP, Lundin to buy Filo; Ramsay shops at Woolworths for CEO

Super Retail ex-exec alleges bullying, harassment. Fortescue crashes after mystery stake sale. BHP, Lundin bid $C4.1bn for Filo Corp. Ramsay taps Woolworths Supermarkets boss as next CEO. Credit Corp's top gainer. Rex halts 737 bookings amid financial woes.

Spotlight on Credit Corp earnings, updates from Fortescue and Rex Airlines.  Picture: Gaye Gerard
Spotlight on Credit Corp earnings, updates from Fortescue and Rex Airlines. Picture: Gaye Gerard

Welcome to the Trading Day blog for Tuesday, July 30. The ASX 200 index trimmed early losses, closing down 0.5 per cent to 7953.20 points with miners the top losers.

US stocks ended mixed ahead of a big week, which includes the US Federal Reserve's interest rates meeting and results from Apple, Amazon, Meta and Microsoft.

The Aussie dollar was trading around US65.60c at 5.20pm AEST ahead of Wednesday's crucial quarterly inflation update.

Originally published as ASX 200 declines; Super Retail chair, CEO sued; Fortescue dives; Rex update awaited; BHP, Lundin to buy Filo; Ramsay shops at Woolworths for CEO

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Original URL: https://www.dailytelegraph.com.au/business/companies/asx-200-braces-for-falls-fortescue-rex-in-focus-wall-street-mixed-before-fed-meeting-amazon-apple-meta-and-microsoft-results/live-coverage/a448f8af756d33b2520c66098cdf2970