Bloomberg The euro slid to a 20-year low against the US dollar as traders bet that the European Central Bank will go slower on raising interest rates as the economy risks being tipped into a recession. The common currency fell as much as 1.4% to $1.0281, its weakest level since December 2002. The losses came as money markets continued …

  Bloomberg Barclays Plc said it will give a $1,460 pay raise to 35,000 of its UK-based staff, the latest lender to boost wages as the cost-of-living crisis deepens. Employees in customer-facing, branch and junior support roles will receive the increase to their annual pensionable salary from August 1. The bank said it will continue “to monitor the economic situation …

  Bloomberg US index futures and European equities fell as concern over the possibility of a recession outweighed optimism over US-China talks aimed at tariff reductions. The euro falls to a 20-year low. Contracts on the S&P 500 and Nasdaq 100 indexes dropped at least 0.6% each as US markets were set to return after Independence Day holiday. In Europe, …