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  Egyptian archaeologists find sandstone sphinx in temple at Aswan

  Thomson ReutersCAIRO (Reuters) - Egyptian archaeologists draining water from a temple in the southern city of Aswan have uncovered a sandstone sphinx likely dating to the Ptolemaic era, the antiquities ministry said on Sunday.

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  Business Insider UK

  Barclays appoints Campili as vice chairman for healthcare banking

  Thomson Reuters(Reuters) - Britain's Barclays on Thursday appointed Darren Campili as vice chairman of healthcare banking, effective from towards the end of the summer.Campili will focus on expanding Barclays' relationships with European life sciences clients by providing advice and capital-raising services, the lender said in a statement.

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  Novartis to pay 95 million euros to Galapagos, MorphoSys for skin drug

  Thomson ReutersZURICH (Reuters) - Novartis said on Thursday it will pay 95 million euros ($110.49 million) to Galapagos and MorphoSys to license a prospective medicine targeting the skin condition atopic dermatitis, as the Swiss drugmaker strengthens its foothold in immunology.

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  Reuters

  Oil, gold open lower despite Syria strikes; Russian retaliation in focus

  LONDON/NEW YORK (Reuters) - Gold and oil traded slightly lower as markets opened for the first time since Western powers launched a missile attack on Syria, but equities are unlikely to experience big losses unless the West strikes again or Russia retaliates. Reports show a lot of care was taken not to hit Russian targets, which is a good sign and the market should take heart from that," said Salman Ahmed, chief investment strategist at Lombard Odier investment managers in London, speaking befo

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  Oil, gold to gain on Syria strikes; Russian retaliation in focus

  Gold and oil will extend their gains on Monday, albeit modestly, when markets open for the first time since Western powers launched a missile attack on Syria, but equities are unlikely to suffer big losses unless the West strikes again or Russia retaliates. Reports show a lot of care was taken not to hit Russian targets, which is a good sign and the market should take heart from that," said Salman Ahmed, chief investment strategist at Lombard Odier investment managers in London. Gold has benef

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  Reuters - UK Focus

  Oil, gold to gain on Syrian strikes, Russian retaliation in focus

  Gold and oil will extend their gains on Monday, albeit modestly, when the markets open for the first time since Western powers launched a missile attack on Syria but equities and bonds are unlikely to suffer big losses unless the West strikes again or Russia retaliates. Gold has benefited in recent days as a safe-haven asset amid a U.S.-China trade dispute and the escalating conflict in Syria, which also pushed oil above $70 per barrel due to concerns about a spike in Middle Eastern tensions.

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  Platinum's days as fuel cell car component may be numbered

  The volume of platinum used in fuel cell-powered cars could be cut to "micro levels" within three years and eradicated altogether in a decade's time, making these environmentally-friendly vehicles much cheaper to buy. Bart Biebuyck, executive director of the European Commission's fuel cell and hydrogen joint undertaking, said the amount of platinum in the next generation of fuel cell cars had already been cut to levels similar to that used in the catalytic converters of diesel vehicles, which i

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  Reuters

  Graphic - Gold as an inflation hedge? Well, sort of...

  Rising inflation has put gold back on the radar for investors looking to protect themselves from emerging price pressures, but history suggests its reputation has been overstated. "If you strip out the 1970s, you find the relationship between gold and inflation is quite weak," Brian Lucey, professor of international finance at Trinity College Dublin, said. "That was a time when inflation rates of double digit and higher were the norm.

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  Reuters - UK Focus

  Platinum market set for another surplus in 2018-Johnson Matthey

  The platinum market is set for another surplus this year after recording oversupply of 110,000 ounces in 2017, Johnson Matthey (LSE: JMAT.L - news) said in a report on Wednesday, although its sister metal palladium is tipped to see another deficit. "Before accounting for investment, we expect global platinum consumption to rise slightly," said Johnson Matthey, a leading manufacturer of vehicle catalysts. "Assuming that investment demand in 2018 is similar to last year, the market is likely to

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  Reuters - UK Focus

  Gold demand slid to eight-year low in 2017 -WGC

  A late rally in physical gold buying failed to prevent a drop in full-year demand last year to its lowest since 2009, the World Gold Council said on Tuesday, as weaker fund investment outstripped a bump ...

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