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TATA Steel makes a loss in first quarter after sale of Scunthorpe plant
TATA Steel reported a loss in the first quarter due to the costs involved in the sale of its Scunthorpe operations.
US close: Dovish Brainard gives markets a green hue
US stocks finished in the green on Monday, as heated expectations the Federal Reserve will raise interest rates at its September policy meeting were given some relief.
Bonds: Gilts outperform slightly
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Risks to economy from unexpected weakness greatest, Fed's Brainard says
Risks to the economy from unexpected weakness in demand were greater than those from unexpected strength, a top US central bank official said.
Sector movers: Banks and miners lead losses on interest rate doubts
Shares in banks and miners paced losses on the London market, the same as on the Continent, with shares in lenders finally joined in the broader market retreat in the face of rising expectations for rate hikes in the States.
Europe close: Shares drop on US interest rate doubts
European stocks lost ground on Monday amid growing concern the Federal Reserve will raise interest rates at its next policy meeting.
Manchester United becomes first UK football club to break £500m annual revenue
Premier League club Manchester United released its 2016 financial results on Monday, becoming the first club from the UK to make over £500m in revenue.
British musicians contribute £4bn to UK economy
The UK music industry contributed $4. 1bn to the economy last year, according to a report by industry body UK Music.
Small caps news round-up
Trading and risk management provider for metals, recycling, energy and soft commodities Brady reported a rise in revenues despite difficult market conditions. For the six months ended 30 June, revenues increased 5% to £14. 8m in comparison to the same period last year, and recurring revenues increased to 60% from 55%.
London close: Stocks dip as US interest rate hike expectations grow
London stocks dipped on Monday on growing expectations of an interest rate hike by the Federal Reserve at its next meeting.
David Cameron resigns from role as MP
Former British prime minister David Cameron is to stand down from his constituency of Witney, two months after leaving 10 Downing Street.
Director dealing: ITV's Crozier and finance chief take profits
ITV's chief executive and finance director have sold around £2m of shares in the broadcaster.
Brady's revenue rises despite difficult commodity market conditions
Trading and risk management provider for metals, recycling, energy and soft commodities Brady reported a rise in revenues despite difficult market conditions.
Christie Group swings to first-half loss
Business services and systems provider Christie Group announced its interim results for the six months ended 30 June on Monday, with revenue for the first half marginally lower than prior year at £31. 6m, from £31. 7m.
RBS may need to top-up litigation provisions
RBS might require additional provisions in future periods in respect of litigation claims, which in aggregate "could be material", the lender said at a Barclays conference in New York.
Lloyds executives depart as chief wields axe
Two executives left Lloyds Banking Group as chief executive Antonio Horta-Osorio looks to reshape the government-backed bank.
Results round-up
Property development fund John Laing Infrastructure expects to see a slowdown in market activity due to the Brexit vote, though the company reported a rise in half-year profits due to international expansion and project divestments.
Cairn India shareholders approve Vedanta merger
Cairn India’s shareholders have approved the group’s merger with parent company Vedanta.
FTSE 100 movers: Rate fears weigh on banks
UK blue chips were mostly in the red on Monday as investors got in a tizzy as they feared various economic and political possibilities across the Atlantic at the end of last week, sending London-listed financial stocks lower in particular.
JD Wetherspoon offers staff chance to move away from zero-hour contracts
JD Wetherspoon is the latest company to offer staff on casual contracts the chance to become permanent employees after pressure from Trade Union Congress (TUC).