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Fed takes another step towards raising rates, minutes show

The release of minutes from the US Federal Open Market Committee showed that it, like its UK counterparts who also released minutes on Wednesday, was more hawkish than expected.
[Yesterday 22:13]

Russia closes McDonalds restaurants

Amid tensions with the west and following tit-for-tat economic sanctions, Russia has closed four McDonald's restaurants and has put many more of the company's 430 outlets under investigation due to sanitation concerns.
[Yesterday 21:01]

RBS settles US copyright lawsuit over trading software

Royal Bank of Scotland (RBS) has settled a copyright lawsuit in the US over its use of an important piece of software in its trade finance business, the lender said on Wednesday.
[Yesterday 17:50]

Gross mortgage lending reaches record 19.1bn in July, CML says

The Council of Mortgage Lenders (CML) said on Wednesday the gross mortgage lending reached 19.1bn in July this year, the highest monthly figure since August 2008, when it reached 19.3bn.
[Yesterday 17:28]

Ferguson returns to relative calm after violence

Ferguson, the riot-strewn town in the US state of Missouri, returned to relative calm last night, as police officers were able to disperse the crown without using tear gas for the first time in four days.
[Yesterday 17:20]

Factory orders in Britain grew faster than expected in August

A rose in overseas demand meant British factory orders grew faster than expected in August, the Confederation of British Industry (CBI)' s industrial trends survey found.
[Yesterday 17:13]

Thursday preview: UK retail sales, manufacturing data to be released

A busy economic calendar on Thursday will be in focus amid a lack of earnings results.
[Yesterday 17:02]

London close: FTSE drops on BoE minutes, ex-divis, Fed minutes

London's blue chips dropped into the red on Wednesday, hit by a combination of Bank of England (BoE) minutes, ex-dividends, and a degree of profit taking.
[Yesterday 16:59]

Executive Director at Development Securities grows stake

A round-up of the biggest director deals today so far.
[Yesterday 16:48]

Carillion drops pursuit of Balfour Beatty after third attempt runs foul

Construction firm Carillion has officially pulled out of the running for a merger with rival Balfour Beatty after yet another rejection by the infrastructure specialist on Wednesday.
[Yesterday 16:18]



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