More than one-in-10 people in the UK now own second homes, buy-to-let and overseas properties.
French pharma giant Sanofi has appointed Paul Hudson as chief executive to replace Olivier Brandicourt, who will retire in September, the company said on Friday. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/JHYh9FAMr3Q/drugmaker-sanofi-appoints-novartis-executive-hudson-as-new-ceo-idUSKCN1T80EI
Markets saw a modest rebound in risk appetite on Thursday, as traders took a break from selling beaten-down stocks and pumping money into safe-haven bonds and the dollar. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/businessNews/~3/cz4JPm_aEUo/stocks-bounce-yields-steady-metals-melt-again-idUSKCN1T003P
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. JEFFREY LIPTON in BARBADOS – http://feeds.reuters.com/~r/reuters/companyNews/~3/hcMP3fBJkdo/press-digest-wall-street-journal-june-7-idUSL4N23E1FF