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Saturday Papers: Barclays to shrink investment bank

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Top stories Financial Times: Barclays plans to accelerate the shrinkage of its investment bank by exiting trading operations in continental Europe, Asia and Latin America in a plan supported by incoming chief executive Jes Staley. The Daily Telegraph: Shares the world over rallied to a two-month high, buoyed by economic data from the US that helped calm investors’ concerns about the health of the global economy. The Guardian: The taxi-booking service Uber has received a boost after the high court ruled that its app was legal in London. Financial Times: Goldman Sachs is sticking with fixed-income, currencies and commodities despite successive quarters of worse-than-industry returns that have...

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