Page 1082 - Reuters

Cigarette maker Philip Morris to buy UK producer of respiratory treatments

Vectura withdraws support for Carlyle deal; Philip Morris is offering 150 pence in cash for every Vectura share

Gap between Sputnik V Covid shots can be up to 180 days: Russia's RDIF

An official at the RDIF, which markets the vaccine abroad, made the comments in a statement after some countries decided to widen the gap between the first and second doses of the vaccine

World stocks steady, Treasuries edge up as Delta variant spreads

The STOXX Europe 600 index was up 1%, recovering more than half of the prior session's decline, but still on course to record the second straight week of losses.

Robinhood gives founders second chance at $1.4 billion windfall

The company had agreed to award CEO Vladimir Tenev and chief creative officer Baiju Bhatt 13.8 million shares contingent on its share price reaching certain price levels at the time of its IPO

Tax reform tops agenda as G20 finance ministers meet in Venice

If all goes to plan, the new tax rules should be translated into binding legislation worldwide before the end of 2023.

White House to target bank mergers, financial data with competition order

Bank mergers have been a target of progressives including Senator Elizabeth Warren, who says consolidation harms consumers.

Chip shortage pushes China automobile sales down 12.4% in June

A global shortage of semiconductors hit autos production in the world's biggest car market.

Oil prices climb on US inventories draw; OPEC+ impasse caps gains

Brent crude oil futures were up 27 cents, or 0.4%, at $74.39 a barrel by 0644 GMT

China criticises removal of more Chinese stocks from major US index

China said on Friday it resolutely opposed what it said was the United States' tendency to politicise economic issues

European Union's plan for carbon push stokes public backlash fears

A European Union plan to extend carbon pricing to the fuel used in cars and to heat homes is facing a wall of early resistance from countries and lawmakers fearing a public pushback

Double whammy for food buyers as freight costs spike amid high grain prices

Rising costs to ship crops globally are adding to concerns about food inflation that are already at decade-highs and hitting cost-sensitive consumers in import-dependent markets

Gold set to rise for third week on lower yields, coronavirus woes

Gold edged higher on Friday and was set for its third straight weekly gain, as concerns over the fast-spreading Delta variant and a drop in US Treasury yields lifted the safe-haven metal's demand

Asian stocks hit 2-month lows as Delta variant shatters confidence

Asian shares stumbled to two-month lows on Friday and were set for their worst weekly performance since February as confidence took a beating over the global spread of the Delta virus variant

China's factory gate price growth slows, but inflationary pressures persist

China's factory gate prices rose at a slightly slower pace in June, providing some reprieve for businesses though persistently high raw material costs are threatening to undermine economic recovery

US set to add 10 more Chinese companies to blacklist over Xinjiang

US is set as early as Friday to add at least 10 more Chinese companies and other entities to its economic blacklist over alleged human rights abuses, high-tech surveillance in Xinjiang

Oil mixed as US crude, gasoline inventories draw offset by OPEC+ standoff

Oil prices were mixed after a boost from a drop in US crude and gasoline inventories, but were still set for a weekly decline on concerns that an OPEC+ impasse could swell global crude supplies

Oversight board faults Facebook for handling rule on contentious content

Facebook 'misplaced' guidance on an important exemption to its rules on dangerous individuals and organizations for three years, the company's independent oversight board said

Japan's households, firms keep saving on prolonged impact of pandemic

Japan's currency in circulation and bank deposits hit a record high for the fourth straight month in June, data showed on Friday, as households and companies continued to pile up savings

Global stocks drop; bonds, euro rise in bid for safety amid cloudy outlook

US stock prices fell while bond prices and the euro firmed on Thursday as investors pared exposure to risk and headed for safety amid a cloudy outlook for the pace of economic recovery

Airbus jet deliveries rose 52% to 297 airplanes in first half of 2021

Airbus delivered 297 airplanes in the first half of the year after a surge of handover activity in June, the European planemaker said