Sudan warring factions clash in city of Bahri as army tries to make gains
CAIRO (Reuters) -Sudan’s warring factions fought heavy clashes in parts of the city of Bahri on Friday, residents said, a…
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Canadian home sales growth slows; CREA downgrades full-year forecast
By Fergal Smith TORONTO (Reuters) -Canadian home sales rose in June at a slower pace than in recent months and…
Santander expanding investment bank in US and UK, sources
By Jesús Aguado, Andres Gonzalez and Iain Withers MADRID/LONDON (Reuters) – Santander is accelerating growth of its investment bank by…
European shares close best week in over three months on US disinflation hopes
By Amruta Khandekar and Matteo Allievi (Reuters) -European shares edged slightly lower on Friday, but that did little to change…
US inflation outlook brightening; consumer sentiment near two-year high
By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices fell for a second straight month in June as an increase…
Kering boss Pinault in talks to buy majority of Hollywood agency CAA -source
By Anirban Sen (Reuters) -Creative Artists Agency (CAA) is in advanced talks to sell a majority stake to French billionaire…
Nokia misses Q2 expectations, lowers full-year guidance
STOCKHOLM (Reuters) – Finnish telecom gear group Nokia reported on Friday second-quarter sales of 5.7 billion euros ($6.4 billion), a…
Wells Fargo hikes outlook for interest income after profit surges 57%
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo raised its annual forecast for net interest income…
BlackRock’s shares edge lower as inflows slow
By Jaiveer Shekhawat and Carolina Mandl (Reuters) -BlackRock Inc, the world’s biggest asset manager, handily beat second-quarter profit estimates but…
Brazil to renegotiate low-income debt using state guarantees from September
BRASILIA (Reuters) -Brazil is to launch a debt renegotiation program for millions of lower-income individuals using state guarantees in September,…