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Countries repatriating gold in wake of sanctions against Russia – study

BY Reuters  • July 10, 2023July 10, 2023
By Marc Jones LONDON (Reuters) – An increasing number of countries are repatriating gold reserves as protection against the sort of sanctions imposed by the West on Russia, according to an Inves[...]
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Africa Asia Business Central America Economy Europe Latin America Middle East UK US

Barclays hires Birchenough as chairman of healthcare investment banking

BY Reuters  • July 7, 2023July 7, 2023
By David Carnevali NEW YORK (Reuters) – Barclays Plc has hired Jim Birchenough from Wells Fargo & Co as its chairman of global healthcare investment banking, a spokesperson for the British b[...]
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Business Economy Europe UK US

Dollar slips as US job growth slows in June, yen jumps

BY Reuters  • July 7, 2023July 7, 2023
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar slumped on Friday after signs of a less resilient U.S. labor market reduced the outlook for how long the Federal Reserves will k[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Oil prices up 3% to 9-week high on supply concerns

BY Reuters  • July 7, 2023July 7, 2023
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed about 3% to a nine-week high on Friday as supply concerns and technical buying outweighed fears that further interest rate hikes could slow eco[...]
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Business Economy Europe Middle East UK Updated US

Airbus to handle some A380 repairs after wing-spar cracking

BY Reuters  • July 7, 2023July 7, 2023
PARIS (Reuters) – Two years after the world’s largest jetliner rolled out of its Toulouse factory for the last time, Airbus is preparing to bring some A380 superjumbos back to their birthp[...]
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Business Economy Europe Middle East UK US

Aviation lessors fight to stop insurance dispute hearings in Russia

BY Reuters  • July 7, 2023July 7, 2023
LONDON (Reuters) – More than 40 aviation leasing firms, locked in a battle with insurers over who should bear up to $10 billion in costs for 400 jets stuck in Russia, are urging the High Court t[...]
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Business Europe Politics Top News UK

European shares end higher after worst week in nearly four months

BY Reuters  • July 7, 2023July 7, 2023
By Shreyashi Sanyal (Reuters) -European shares eked out gains on Friday as data pointing to slowing U.S. job growth eased concerns about interest rate hikes by the Federal Reserve but did little to ch[...]
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Business Economy Europe UK Updated

Factbox-European companies cut jobs as economy sputters

BY Reuters  • July 7, 2023July 7, 2023
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts s[...]
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Business Economy Europe UK Updated

Marketmind: Data-hit bond markets end summer lull

BY Reuters  • July 7, 2023July 7, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan The seeming serenity of June markets has finally been broken by summer storms as a blistering selloff in bonds snowballed following n[...]
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