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, …

  Bloomberg Warnings from Indian crypto exchanges that a controversial new transaction tax would erode trading are coming true, with volumes evaporating since the levy took effect. Three exchanges — ZebPay, WazirX and CoinDCX — suffered declines of between 60% and 87% in the value of daily trading immediately after the 1% tax deductible at source became effective on July …