Page 56 - Gb News Today

A look at the day ahead in European and global markets from Vidya Ranganathan

Leaders of the world's richest democracies agreed on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China.

A dearth of deals, banking sector ructions and most recently the aftershocks of the demise of Credit Suisse have rapidly redrawn the European financial services industry jobs map this year.

British industrial technology company Smiths Group lifted its annual revenue growth forecast for the third time in five months on Friday, as demand for its products improved on decarbonisation trends and from airport upgrades.

Philadelphia's newest burger bar is about to serve up the state's most expensive burger, and the cheapest.

UK's Unite Union on Friday said that offshore workers at Bilfinger UK Ltd rejected new pay offers and that strike action will take place in June.

Group of Seven (G7) leaders on Friday said they had ensured that Ukraine had the budget support it needs for this year and early 2024 as they renewed their commitment to provide financial and military support in its fight against Russia.

Ukraine wants its allies to be bolder in imposing sanctions on Russia, including by targeting banks that provide financial services to serving soldiers, a senior adviser told Reuters.

Google on Friday defeated a lawsuit brought on behalf of 1.6 million people over medical records provided to the U.S. tech giant by a British hospital trust.

After three years of pandemic travel restrictions and rocketing energy costs, tourism is back with a vengeance to boost the economies of southern Europe as sun-seekers make up for lost time.