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  • NEW YORK, July 30- The dollar touched one-week highs and shorter-term U.S. The euro fell 0.50 percent against the dollar to $1.0928, which helped the dollar index rise 0.55 percent at 97.496 after touching 97.773, its highest since July 22. "The latest GDP report confirms the Fed's narrative that the first-quarter weakness was transitory," said Ian Gordon, G10...

  • NEW YORK, July 30- The dollar traded at one-week highs and shorter-term U.S. The euro fell 0.70 percent against the dollar to $1.0909, which helped the dollar index rise 0.70 percent at 97.641 after touching 97.773, its highest since July 22. The bar for them to hiking rates is not very high, "said Ian Gordon, G10 currency strategist at Bank of America Merrill Lynch in...

  • JERUSALEM, July 30- The Tel Aviv Stock Exchange secured its members' approval on Thursday to turn into a for-profit body, a move aimed at boosting trading volumes and reversing a tide of delistings. Amnon Neubach, chairman of Israel's only stock exchange, said that privatization would be an important step in "a process which is highly significant for TASE's...

  • LONMIN: VICTIM OF PRICE FALLS AND MANAGEMENT WOBBLES@* Platinum producers hit by falling prices, rising costs* Lonmin seen bleeding more quickly than others* Shares hit lowest levels since 1979. LONDON/ JOHANNESBURG, July 30- Platinum producer Lonmin is facing its deepest crisis to date, hurt by a downturn in the metal and haunted by a mixture of bad luck and...

  • LONDON, July 30- The dollar jumped and stock markets around the world were left flat-footed on Thursday after the Federal Reserve painted a relatively bright picture of the U.S. economy, boosting bets that it will hike interest rates in September. Big name companies set to report include Colgate-Palmolive, Coca-Cola, Mondelez International before the bell and...

  • FRANKFURT, Germany _ Deutsche Bank AG on Thursday reported second-quarter earnings of $880.6 million. Deutsche Bank shares have risen 12 percent since the beginning of the year. Keywords: Deutsche Bank, Earnings Report.

  • FRANKFURT, July 30- Deutsche Bank's new boss hit out at staff in a memo on Thursday saying performance was "nowhere good enough" after Germany's largest bank warned that its turnaround was at risk from heavy legal charges. "The status quo is not an option," he said in staff memo after the bank reported a second-quarter net profit of 818 million euros, slightly better...

  • LONDON, July 30- European equities were set for their third straight day of gains on Thursday, with results from Siemens, Nokia and Deutsche Bank underpinning signs of a euro zone recovery. However, worries over China's growth and an emerging-markets slowdown weighed on companies including Anheuser-Busch InBev, while French carmaker Renault warned of a "...

  • *Europe set for busy day of data. Europe's stock markets had initially started brightly but began to fade as attention switched from company earnings from the likes of Siemens and Deutsche Bank to upcoming euro zone unemployment, business sentiment and German inflation data. Q2 gross domestic product data also due later that could reinforce the rate hike view,...

  • FRANKFURT, July 30- Deutsche Bank warned that its new performance targets were at risk from heavy legal charges as it set aside 1.2 billion euros for fines and settlements and reported quarterly earnings largely in line with expectations. The results are Deutsche Bank's first under new boss John Cryan who has taken over after the early resignation of its...

  • FRANKFURT, Germany— Deutsche Bank's net profit rose in the second quarter, but legal expenses stemming from investigations of the bank's past conduct also increased and the bank's new co-CEO said its financial performance was unsatisfactory. John Cryan said Thursday that Deutsche Bank needed to cut costs, shed unprofitable activities and improve "poor...

  • LONDON, July 30- Europe's robust earnings season gave another lift to share prices on Thursday, with results from Siemens, Nokia and Deutsche Bank underpinning signs of a euro zone recovery. Europe's FTSEurofirst 300 equity index was up 0.5 percent at 0712 GMT, with Nokia, Safran and Fresenius up some 4 to 8 percent after reporting results. "The proportion of...

  • Stocks open lower in US after some weaker company results Thursday, 30 Jul 2015 | 12:52 AM ET

    BEIJING— Most major global markets rose Thursday after the U.S. KEEPING SCORE: Germany's DAX gained 0.5 percent to 11,263.71 and France's CAC-40 was up 0.6 percent at 5,047.43. Britain's FTSE 100 gained 0.7 percent to 6,680.37.

  • LONDON, July 29- It is barely two weeks since Greece was on the brink of crashing out of the euro, yet some investment banks are now encouraging investors to return to its bond market. Although question remain over whether Greece will be able to stick to the terms of a new deal or will be back at the ballot box within the year, markets have breathed a collective sigh of...

  • FOREX-Dollar holds steady as traders await clues from Fed Wednesday, 29 Jul 2015 | 10:24 AM ET

    NEW YORK, July 29- The dollar held steady against major currencies on Wednesday as traders awaited possible clues from the Federal Reserve on whether it will raise interest rates, perhaps as early as September. Although inflation has remained below the Fed's 2 percent target and overseas developments including the European debt crisis and most recently...

  • LONDON, July 29- Goldman Sachs and Morgan Stanley are offering the fattest bonuses to their London analysts, but if it's a high base salary you're after then head to Deutsche Bank, according to a survey on Wednesday. Meanwhile, Deutsche Bank paid the largest average salary excluding bonus, at 56,000 pounds. Credit Suisse is close behind with 70,000 pounds, while JP...

  • July 28- Gilead Sciences Inc said on Tuesday sales of its hepatitis C drugs hit a record of nearly $5 billion, surpassing Wall Street estimates as strong demand offset pricing pressures and restrictions on patient use from U.S. health insurers. Excluding items, Gilead earned $3.15 a share in the second quarter, beating the $2.71 average forecast by Wall Street...

  • July 28- Gilead Sciences Inc said on Tuesday its quarterly net profit rose 32 percent, driven by sales of hepatitis C drugs that beat Wall Street estimates. Looking ahead, Gilead raised its outlook for full-year 2015 product sales by $1 billion to between $29 billion and $30 billion. Excluding items, Gilead earned $3.15 a share in the second quarter, exceeding the...

  • China's already volatile benchmark stock index, with a combined market capitalisation of $4.6 trillion, has lost 10 percent in the last two days of trade. "Typically, equity markets do have a high correlation to quarterly GDP growth," Deutsche Bank strategist Michael Lewis said. Brent was down 97 cents at $52.50 a barrel by 1410 GMT, having hit a session low of $52.28,...

  • China's already-volatile benchmark stock index, with a combined market capitalisation of $4.6 trillion, has lost 10 percent in the last two days of trade. "Typically, equity markets do have a high correlation to quarterly GDP growth," Deutsche Bank strategist Michael Lewis said. Brent was down 72 cents at $52.75 a barrel by 1054 GMT, having hit a session low of...