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  • NEW YORK, July 22- Oil prices settled lower on Friday, losing 4 percent on the week, after the fourth weekly rise in the U.S. oil rig count added to worries about a global crude glut. More than ample inventories and upcoming refinery turnarounds and maintenance have the bulls on the defensive, "said Pete Donovan, broker at Liquidity Energy in New York.

  • NEW YORK, July 22- Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows. More than ample inventories and upcoming refinery turnarounds and maintenance have the bulls on the defensive, "said Pete Donovan, broker at Liquidity...

  • NEW YORK, July 22- Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows. More than ample inventories and upcoming refinery turnarounds and maintenance have the bulls on the defensive, "said Pete Donovan, broker at Liquidity...

  • *Nigeria outage of 700,000 bpd offset by other supply growth. NEW YORK, July 22- Oil prices fell again on Friday, on track to a weekly loss, with Brent hitting two-month lows, as Iraqi crude exports looked likely to rise, adding to the global glut. If confirmed, it would put OPEC's No. 2 producer back on track of supply growth after a two-month lag.

  • New ads are popping up on Craigslist nearly every day from people who say they will log on to your "Pokemon Go" account and effectively run up your score while you are stuck at work or sitting in class. On a recent July afternoon, two 24- year-old Pokemon "trainers," Lewis Gutierrez and Jordan Clark, walked through Brooklyn's Prospect Park with their eyes glued to their...

  • *Spain's Banco de Sabadell slumps after profit warning. LONDON, July 22- European stock markets slipped on Friday, weighed down by falls at Spain's Banco de Sabadell, though Vodafone gained after its update. The STOXX 600 index is up by around 10.5 percent from a low point reached in June in the immediate aftermath of Britain's shock vote to quit the European Union,...

  • *World equity prices fall, S&P and Dow below record peaks. *Sterling tumbles as poor U.K. data stoke recession worries. NEW YORK, July 22- World stock prices slipped modestly on Friday, while sterling dropped on bleak data that raised fears about a possible British recession following the country's June 23 vote to leave the European Union.

  • NEW YORK, July 22- Oil prices were on track to a weekly loss, with Brent hitting two-month lows on Friday, weighed by potentially higher Iraqi crude exports and bearish U.S. inventory data from earlier in the week. If confirmed, it would put OPEC's second-largest producer back on track of supply growth after two months of output declines. "These large and increasing...

  • LONDON, July 22- 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. July 22 Britain will get a fair deal from the EU that neither punishes nor rewards it for leaving, European Commission Vice President Kristalina Georgieva tells Reuters in an...

  • LONDON, July 22- 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. July 22 Britain will get a fair deal from the EU that neither punishes nor rewards it for leaving, European Commission Vice President Kristalina Georgieva tells Reuters in an...

  • LONDON, July 22- 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. July 22 Britain will get a fair deal from the EU that neither punishes nor rewards it for leaving, European Commission Vice President Kristalina Georgieva tells Reuters in an...

  • LONDON, July 22- 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. July 22 Britain will get a fair deal from the EU that neither punishes nor rewards it for leaving, European Commission Vice President Kristalina Georgieva tells Reuters in an...

  • LONDON, July 22- Since entering Downing Street as Britain's new prime minister last week, Theresa May has quickly dispelled hopes that the UK might change its mind about leaving the European Union. She added later that Britain will take the time it needs to invoke the now notorious Article 50 of Europe's de facto constitution governing a member's divorce from...

  • *Gold may retest support at $1,313- technicals. LONDON, July 22- Gold prices eased on Friday, reflecting tension between an easier global interest rate backdrop and the chance of U.S. monetary policy being tightened before the end of 2016. Bullion has benefited significantly- hitting its highest in two years earlier this month- as central banks from Europe to Japan...

  • *BOJ to only trim FY2017 CPI f'cast to around 1.5 pct- sources. TOKYO, July 22- The Bank of Japan will likely cut next fiscal year's inflation forecast only slightly and largely maintain its upbeat view for 2018 at a policy review next week, sources said, an outlook which could allow it to argue there is no need for imminent monetary easing. Prime Minister Shinzo Abe has...

  • Insurers are making contingency plans after Britain's vote last month to leave the EU left them facing the risk they could lose "passporting" rights that enable them to sell their products throughout Europe. "We're looking at getting the licences for our EU reinsurance company in Dublin and have an EU insurance company, which will give us some protection for...

  • Insurers are making contingency plans after Britain's vote last month to leave the EU left them facing the risk they could lose "passporting" rights that enable them to sell their products throughout Europe. "We're looking at getting the licenses for our EU reinsurance company in Dublin and have an EU insurance company, which will give us some protection for...

  • LONDON— Britain's economy appears to be shrinking at its fastest pace since the global financial crisis as a result of the vote to leave the European Union, but the rest of the region is holding up, surveys showed Friday. The findings come as global financial leaders meeting in China identified the uncertainty generated by Britain's decision to exit the EU, the...

  • LONDON, July 22- Euro zone business growth was at its slowest since the start of 2015 this month as stronger performances in the two big economies of Germany and France offset weakness in smaller countries, a survey showed on Friday. While the survey result was not as weak as predicted in a Reuters poll, the slight loss of momentum may be of concern to policymakers at...

  • LONDON, July 22- Expectations of a renewed divergence between Japanese and U.S. monetary policy weighed on the yen on Friday as markets mulled the first major business sentiment surveys on the health of the European economy since last month's Brexit vote. In early trade in London, the yen was down 0.3 percent on the day, having recovered from six-week lows after...