Page 1066 - Reuters

China's July foreign exchange reserves rise to $3.236 trillion

China held 62.64 million fine troy ounces of gold at the end of July, from 62.64 million ounces at the end-June.

Banker behind report alleging HSBC racism resigns over lack of support

By Lawrence White

Wall Street muted on jobs growth as inflation, Delta variant fears weigh

A positive jobs report spurred Wall Street to push some stocks and Treasuries higher on Friday, but investor optimism was tempered by looming inflation, declining Federal Reserve stimulus

Oil prices steady, but set for big weekly loss on demand worries

Oil prices were steady on Friday, but on track for steep weekly declines on concerns over the impact on fuel demand from travel restrictions to curb spread of Covid-19

Huawei reports biggest ever revenue drop as consumer growth engine stutters

US sanctions drove company to sell chunk of its once-dominant handset business

Gold slips on firmer dollar as markets prep for United States jobs data

Spot gold fell 0.3% to $1,799.20 per ounce by 0844 GMT

Huawei revenue drops 29% as its consumer growth engine stutters

The biggest drop came from Huawei's consumer business group, which includes handsets

China's export, import growth seen moderating in July, finds poll

Exporters are grappling with higher freight costs and lingering logistics bottlenecks.

Markets eye United States jobs report as stocks, FX dip on delta blues

A key jobs report due later in the day is expected to deliver further signs of growth in the United States

Gold edges down on strong dollar as investors eye US jobs report

Spot gold fell 0.3% to $1,799.46 per ounce by 0517 GMT, set for its worst weekly performance since mid-June.

US FTC says Facebook misused privacy decree to shut down ad research

The US FTC criticized Facebook on Thursday for making "misleading claims" to explain why it had disabled the accounts of researchers studying political ads on the social media platform

Asian shares fall as Delta variant of Covid-19 casts shadow over growth

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.35%, dragged down by Chinese blue chips, which fell 0.56% and Hong Kong down 0.46%

US biz groups call on Biden to restart trade talks with China: Report

The tariffs on Chinese products paid by US importers were imposed to ensure that Beijing fulfills its obligations under its 2020 Phase One trade pact with the United States.

India rates hit 4-1/2-year low on weak demand, logistical bottlenecks

Top exporter India's 5% broken parboiled variety quotes fell to $354 to $358 per tonne from last week's $361 to $366 a tonne.

Return of the fat cats? Europe's bank bonuses rise as profits rebound

Banks have added billions of dollars to bonus pools as they try to reassure restless staff they will be rewarded in 2021 after a lean 2020.

US trade deficit jumps to record high in June on strong import growth

The Commerce Department said on Thursday that the trade gap increased 6.7% to $75.7 billion in June, an all-time high

Wall Street pushes US stocks, oil prices higher on promising data

US stocks and oil prices rebounded as unemployment claims declined and the trade deficit widened, positive economic data in the face of rising Covid-19 cases and signals of declining Fed stimulus

Ethereum software upgrade activated; ether, bitcoin down 4-5%

Ether was already lower on the day going into the technical adjustment

Chevron Corporation tops profit estimates, joins share buyback stampede

The company cut its annual capital spending forecast to about $13 billion, now below what it had spent last year.

Amazon hit with $886 million European Union data privacy fine

This is for for processing personal data in violation of the EU's General Data Protection Regulation (GDPR)