pare

Prime Minister Keir Starmer shelved a plan to pare back some disability benefits this summer after lawmakers in his own Labour Party rebelled.

The spot Brent crude price jumped $5 in two days on the sanctions news but prices soon pared gains on expectations that Russian crude exports would ultimately find new ways to flow.

Shares fell around 4% in midday trading after the publication of the results before paring some losses.

Traders pared bets on an interest-rate cut in December after Federal Reserve Chair Jerome Powell said one was far from a done deal.

And while others have piled into shares of big tech behemoths, Berkshire has pared its position in Apple and built its cash pile to a record $344 billion, including equivalents, by the end of June.