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  • LONDON, July 29- A corporate makeover at Barclays under CEO Jess Staley showed signs of paying off on Friday as the British bank reported an improved performance in its key businesses, helping send its shares up more than 7 percent. Staley in March set out a strategy to simplify the bank's structure and seek higher shareholder returns through the sale of the bulk...

  • LONDON, July 29- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Signs of Brexit stress: 1) London- focused estate agent Foxtons blames a 42 percent drop in its first-half profit on Britain's EU referendum. 2) British Airways- owner IAG trims growth...

  • LONDON, July 29- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Signs of Brexit stress: 1) London- focused estate agent Foxtons blames a 42 percent drop in its first-half profit on Britain's EU referendum. 2) British Airways- owner IAG trims growth...

  • LONDON STOCK EXCHANGE GROUP PLC SAYS HOLDCO TODAY ANNOUNCES THAT FINAL NUMBER OF DEUTSCHE BKORSE SHARES TENDERED UNDER EXCHANGE OFFER AT TIME OF EXPIRATION OF ACCEPTANCE PERIOD AMOUNTED TO 63.65%.

  • LONDON— Economic growth across the 19- country eurozone halved in the second quarter, official figures showed Friday, in a development that's more likely due to the fading boost from lower oil prices and weaker euro than to concerns in the run-up to the British vote on whether to leave the European Union. The June 23 referendum in Britain may have also caused some...

  • LONDON, July 29- European shares advanced on Friday following some encouraging company updates, with EDF surging after its board approved the company's Hinkley Point nuclear project and Kering gaining after its fashion brand Gucci recorded strong sales. However, Switzerland's top bank cautioned that tough market conditions were likely to continue for the...

  • LONDON, July 29- The yen soared against the dollar on Friday after a round of modest monetary policy easing from the Bank of Japan disappointed investors who had been hoping for at least a hint of more radical stimulus. That still left it short of levels seen as investors flooded into the traditional security of Japan after Britain's vote to leave the European...

  • MANILA, Philippines— Asian markets were mixed Friday after the Bank of Japan announced a modest expansion of its lavish monetary stimulus to perk up sluggish growth, sending the Japanese stock index up. In Southeast Asia, the stock indices of Indonesia and Malaysia were up, but Singapore's and Philippines' were down. The Bank of Japan ended a policy meeting Friday...

  • LONDON— Barclays plc said Friday second-quarter earnings rose 19 percent as the bank expressed confidence it could weather the uncertainty of Britain's exit from the European Union. Barclays' core businesses include those it plans to continue operating after it sheds riskier assets and focuses on Britain. Barclays announced plans earlier this year to...

  • The world's largest online travel services company said its bookings in the latest quarter slowed due to the acquisition of rival Orbitz Worldwide Inc, "self-inflicted" wounds such as technology upgrades and the recent spate of attacks in Europe. "Travel demand to France is a particular challenge. However, bookings out of the United States into London...

  • MILAN, July 28- Italy's third-biggest lender, Monte dei Paschi di Siena, has received a last-minute rescue proposal by Swiss bank UBS, just hours before it is due to unveil its own bailout plan to meet regulators' concerns over its stability. The bank said in a statement on Thursday night it had received two letters from UBS and former Italian Industry Minister...

  • The recent spate of attacks in Europe have had an impact on bookings, Chief Financial Officer Mark Okerstrom told Reuters in an interview. On the bright side, Okerstrom said bookings out of the United States into London accelerated once the pound fell against the dollar following Britain's vote on June 23 to leave the European Union. Net income attributable to...

  • NEW YORK, July 28- Janus Capital Group Inc on Thursday said it plans to launch its first bond exchange-traded fund this year, shifting legendary bond investor Bill Gross' co-manager into a new role. The Janus Short Duration Income ETF, which will be actively managed in part by Kumar Palghat, will aim to deliver returns of 2 to 3 percent above the benchmark...

  • *Goldman says still sees $40- $45 range through mid-2017. NEW YORK, July 28- Oil prices settled down nearly 2 percent on Thursday, hitting April lows and with U.S. crude headed for its biggest monthly loss in a year, on growing worries that the world was pumping more crude than needed. U.S. Gulf Coast gasoline stocks hit record highs last week for the month of July while...

  • NEW YORK/ LONDON, July 28- Gold turned lower after hitting a two-week peak on Thursday as the dollar pared losses and U.S. stocks climbed from their lows ahead of a possible Bank of Japan announcement to expand monetary stimulus on Friday. Spot gold was down 0.3 percent at $1,335.60 an ounce at 3:28 p.m. EDT, after rising to a two-week top at $1,345.21.

  • Board votes 10-7 in favour of Hinkley Point- source. *Hinkley Point a priority for French, UK governments. PARIS, July 28- The board of French utility EDF on Thursday narrowly voted to proceed with a controversial project to build two nuclear reactors in Hinkley Point, Britain- the country's first new nuclear plant in decades.

  • BRATISLAVA/ WARSAW, July 28- Britain wants a bespoke model for its future ties with the European Union, Prime Minister Theresa May said on Thursday, during a tour of Eastern European allies aimed at securing support in negotiations on leaving the bloc. In the five weeks since Britons voted to quit the EU, politicians have tried to solve the riddle of how to restrict...

  • MOSCOW, July 28- The Russian Finance Ministry said on Thursday that it had asked the London court handling a lawsuit over Ukraine's $3 billion debt to Russia to issue an expedited judgment ordering Kiev to repay the debt. The ministry said that Ukraine had included in its defence a "series of political" arguments that do not relate to the case.

  • RUSSIAN FINANCE MINISTRY SAYS ASKS LAWYERS TO ASK LONDON COURT TO ISSUE AN EXPEDITED RULING ORDERING UKRAINE TO REPAY $3 BLN EUROBOND.

  • *EDF board votes 10-7 in favor of UK project-source. PARIS, July 28- The board of French EDF on Thursday gave the go-ahead for the state-controlled utility's controversial project to build two nuclear reactors in Hinkley Point, Britain, a source familiar with the situation told Reuters. If Magnin had not resigned and had voted against Hinkley Point, the Hinkley...