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  • *Profit rise driven by credit cards, UK bank. *To create 1,000 new jobs in UK in operations and technology. The British bank is seeking to press ahead with restructuring plans which have seen it shift towards a transatlantic U.S.- UK focus and an emphasis on investment banking under its American Chief Executive Jes Staley.

  • LONDON— Britain's economic growth slowed in the three months through March as concerns about the U.K.' s impending exit from the European Union hurt consumer spending. The Office for National Statistics says the economy grew 0.3 percent from the previous quarter, slower than the 0.4 percent forecast, as inflation brought on by the weaker pound reduced...

  • EDINBURGH, Britain _ Royal Bank of Scotland Group PLC on Friday reported first-quarter net income of $464.4 million, after reporting a loss in the same period a year earlier. The Edinburgh, Britain- based bank said it had earnings of 5 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Spanish economy beats forecasts, Austria, France also grow. LONDON, April 28- Euro zone bond yields rose across the board and the euro strengthened on Friday as economic output data from several countries reaffirmed economic strength in the bloc and furthered the case for tighter monetary policy. European Central Bank chief Mario Draghi struck a cautious note...

  • LONDON— Britain's Barclays Bank says its international operations helped shore up the company during the first quarter. The London- based group said Friday net income from its core businesses rose to 1.18 billion pounds from 950 million in the same period last year. Barclays is reorganizing to focus on consumer, corporate and investment banking in New York and...

  • *Profit rise driven by credit cards, investment banking, UK bank. *To create 1,000 new jobs in UK in operations and technology. The British bank is seeking to press ahead with restructuring plans which have seen it shift towards a transatlantic U.S.- UK focus and an emphasis on investment banking under Chief Executive Jes Staley.

  • LONDON— Taxpayer-owned Royal Bank of Scotland swung to a profit in the first quarter as it cut costs and increased lending. The bank, bailed out by the British government during the 2008 financial crisis, posted net income of 259 million pounds versus a loss of 968 million pounds in the same period last year. In February, CEO Ross McEwan announced plans to cut costs...

  • *Profit rise driven by credit cards, investment banking, UK bank. *To create 1,000 new jobs in UK in operations and technology. LONDON, April 28- Barclays reported its first quarter profit more than doubled on Friday, but its investment bank missed out on a bond trading boom that saw earnings surge at its Wall Street rivals.

  • The European Central Bank said it will host a meeting of banks on May 4 at its offices in Frankfurt. It will spell out in detail what those moving some of their operations out of London must do to apply successfully for a licence. Ireland's central bank will hold a similar gathering next month to advise groups considering a move to Dublin, which along with Frankfurt,...

  • SYDNEY, April 28- Copper tracked modestly higher on Friday with traders saying some investors were active buying on price dips, but warning at the same time that broader industry sentiment pointed to a weaker outlook. *SHANGHAI: The most-traded copper contract on the Shanghai Futures Exchange was up 0.2 percent to 46,330 yuan a tonne. *SILVER: London's silver...

  • *Spot gold was steady at $1,263.81 per ounce, as of 0100 GMT. close a strong week on a positive note, while the euro slipped after the European Central Bank showed no signs of paring its stimulus programme. *The European Central Bank stuck to its ultra-easy policy stance on Thursday as inflation continues to undershoot its target but explicitly acknowledged the...

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • WASHINGTON- Philadelphia Federal Reserve Bank President Patrick Harker will speak in Washington D.C- 1830 GMT. BERN- Swiss National Bank general meeting of shareholders. Speakers: Swiss National Bank President Jean-Paul Studer, Governing Board Chairman Thomas Jordan and head of the SNB General Assembly Jean-Michel Leuwe- 0800 GMT.

  • It's not yet clear whether a recent ad boycott of YouTube will be short-lived or the start of a long-term shift away from the video service— one that could undercut Google's growth and that of its corporate parent, Alphabet Inc.. The company's earnings rose 29 percent to $5.4 billion while revenue climbed 22 percent to $24.8 billion. "There is no entity in the world...

  • *Technical support at $1,225- $1,257 an ounce. NEW YORK/ LONDON, April 27- Gold resumed its downward slide from a five-month high in mid-April, giving up gains that came after U.S. President Donald Trump announced unfunded tax cuts, while comments from European Central Bank President Mario Draghi weakened the euro.

  • NEW YORK, April 27- The euro dipped against the U.S. dollar on Thursday after European Central Bank chief Mario Draghi said policymakers did not discuss removing the bank's easing bias on monetary policy, while the dollar jumped against the Swedish crown after the Riksbank extended its bond-buying. "Draghi wasnt as hawkish as people had hoped," said Greg Anderson,...

  • The U.S. bond market is signaling investors have scaled back their outlook for an inflation pickup as skepticism sets in about whether President Donald Trump will be able to deliver on pledges for major tax reform and an infrastructure spending binge. It really accelerated after the failure of healthcare reform, "said Steve Kang, Citi's interest rate...

  • CHICAGO, April 27- Chicago corn and soybean futures edged higher on Thursday on concerns about weather delays to spring planting and relief that the White House will not immediately withdraw the United States from North American Free Trade Agreement. But as long as the deferred forecast stays relatively dry, people aren't getting too nervous just yet, hence...

  • *Two key Libya oilfields restart, sources tell Reuters. *OPEC sec-gen's comments point to an extension of global cut. New York, April 27- Crude prices fell more than 1 percent on Thursday as the restart of two key oilfields in Libya pumped more crude into an already bloated market.

  • *Sharara major field for Libya output plans. *Libya plans 1.1 mln bpd output by August. LONDON/ TRIPOLI, April 27- Libya's Sharara oilfield has restarted after the end of protests by an armed group that had blocked pipelines there, National Oil Corp chairman Mustafa Sanalla said on Thursday.