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Dollar slides on U.S. GDP, Japan bonds fall on BOJ move
29 Jul 2016 at 1:24pm
NEW YORK (Reuters) - Weak U.S. economic growth data knocked down the dollar and yields on U.S. government debt Friday, while Japanese government bond yields rose the most in eight years after investors reacted coolly to the Bank of Japan's latest effort to boost the economy.
Tech shares and muted GDP growth push S&P 500 to record
29 Jul 2016 at 1:29pm
(Reuters) - Wall Street rose on Friday, with the S&P 500 index hitting a record intraday high for the seventh time this month as gains in technology heavyweights Alphabet and Amazon more than made up for losses in energy shares.
Italian, Irish, Spanish banks do worst in EU stress test
29 Jul 2016 at 1:52pm
LONDON (Reuters) - Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy.
ICICI Bank profit falls as bad loan provisions surge
29 Jul 2016 at 7:03am
MUMBAI (Reuters) - ICICI Bank Ltd, India's top private sector lender by assets, reported first-quarter profit fell about 25 percent as its provisions for bad loans more than doubled.
Unicredit says to assess with regulator necessary measures
29 Jul 2016 at 1:49pm
MILAN (Reuters) - Italian bank UniCredit said on Friday it would work with European Central Bank supervisors to assess what it needed to do after industry stress tests showed its core capital ratio neared a closely-watched 7 percent threshold under adverse conditions.
EXCLUSIVE - Liberty Global, Vodafone to win EU approval for Dutch tie-up - so...
29 Jul 2016 at 9:56am
BRUSSELS (Reuters) - U.S. cable group Liberty Global and UK telecoms firm Vodafone are set to win EU antitrust approval for their plan to merge their Dutch operations after offering minor concessions, two people familiar with the matter said on Friday.
Inventory reduction curbs U.S. economic growth; rebound expected
29 Jul 2016 at 12:18pm
WASHINGTON (Reuters) - U.S. economic growth unexpectedly remained tepid in the second quarter as inventories fell for the first time in nearly five years and business investment weakened further, offsetting robust consumer spending.
First U.S. LNG shipment goes to China as Panama Canal opens markets - data
29 Jul 2016 at 1:53pm
(Reuters) - The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that the expanded Panama Canal is allowing U.S. exports to reach the world's top LNG buyers in Asia.
Gold rebounds after U.S. GDP disappoints, set for monthly gain
29 Jul 2016 at 8:15am
LONDON (Reuters) - Gold hit a near three-week high on Friday after much slower-than-expected U.S. economic growth weighed on the dollar, and was on track for a second monthly gain in a row.
Fed's Williams downplays GDP weakness, sees rate hikes
29 Jul 2016 at 9:36am
CAMBRIDGE, Mass. (Reuters) - The Federal Reserve could raise interest rates up to two times before year end, a top Fed official said on Friday as he downplayed data that showed the U.S. economy grew far less than expected in the last quarter.