Thursday, 2nd July 2015

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News & Reports

RBS to cut back international operations

Thu 2nd Jul 15, 16:22:06

RBS has announced plans to minimise its services outside of Britain and Ireland.

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US close: Stocks end a touch lower after soft jobs report, amid Greece uncertainty

US stocks ended a touch lower on Thursday after a mildly positive open, as investors digested a slightly softer-than-expected jobs report, amid continued uncertainty over Greece. 1 hour ago

FX round-up: Euro weakens after Tsipras asks Greeks to vote 'no'

The single currency weakened on Wednesday after Greek prime minister Alexis Tsipras asked his countrymen to vote 'no' in the 5 July referendum on approving the bailout terms proposed by the country´s international creditors. 2 hours ago

Bonds: Weaker than forecast US jobs report weighs on yields

Most economists stuck to their calls for the Federal Reserve to start raising interest rates in September despite a weaker than expected reading on the US jobs market. 9 hours ago

Europe close: IMF warns on sustainability of Greek debt

European stocks finished the session moderately lower after the IMF warned that Greece´s debt burden may be unsustainable and following a weaker than expected reading on the state of the US jobs market. 5 hours ago

Ofcom rebuffs ITV's retransmission idea but raises hopes for TV advertising review

Television and telecoms regulator Ofcom put a dent in ITV's calls for 'retransmission' fees to be introduced, but said it might re-examine TV advertising minutage rules or impose a levy on pay-TV revenues. 6 hours ago

Morrisons appoints chief executive to corporate compliance board

Embattled grocer Morrisons re-jigged its corporate committees, using existing board members to take on roles on its Corporate Compliance and Responsibility Committee. 6 hours ago

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