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Trading halted at New York Stock Exchange due to technical fault
Trading was halted on most securities at the New York Stock Exchange on Wednesday at 16:32 BST or 11:32 New York time.
China moves to limit equity selling as slump extends to Hang Seng
Chinese authorities have banned major shareholders and executives from selling any of their stakes in listed companies, in a fresh bid to stem selling in its major stockmarkets.
UK Budget 2015: Osborne moves on bank levy, corporation tax to be cut further
The UK economy is fundamentally stronger than five years ago with two million more jobs having been created, according Chancellor George Osborne.
Market overview: Some traders sceptical on Greece
1328: Commenting on the recent headlines coming out of Greece one trader writes: “ When Tsipras says : committed to fulfill our targets, we would prefer : committed to fulfill your targets…”.
Market overview: Stocks sell off as S&P 500 tests technical support
1630:Close Stocks registered sharp falls after the IMF warned the US Federal Reserve to hold off on raising interest rates until the first half of 2016. That came as today’s Eurogroup ended with no agreement between Greece and its creditors, without the Mediterranean country having presented any new proposals and talk of Grexit ramping up. Gilts jumped, alongside gains in US Treasury notes and European sovereign bonds, including those from the periphery. Selling in US-listed Chinese companies’ shares was also noted.
US Fed should wait until 2016 to raise rates, IMF says
The US Federal Reserve should wait until next year to raise interest rates the world’s financial watch-dog said.
Greek proposal could be submitted on Wednesday
A senior Eurozone official has said that Greece would "maybe" submit a new proposal to its international creditors on Wednesday, after the country's leaders turned up at an emergency meeting in Brussels empty handed on Tuesday.
Greek officials arrive at euro summit without fresh proposals
Greek officials have reportedly arrived at Tuesday's emergency summit in Brussels without a new bailout proposal.
UK GDP second quarter growth keep BoE on track for rate hike
The UK economy continued to gently accelerate in the second quarter, eating further into existing spare capacity and thus keeping expectations for interest hikes on track, a leading think-tank said.
Market overview: FTSE 100 falls 0.76%
1630: Close UK stocks closed down on Monday after the Greeks voted ‘no’ to creditors’ bailout proposals, pushing the country closer to a possible exit from the Eurozone. The FTSE 100 fell 0. 76% at 6,535. 68 points, but the surprise resignation of Greek Finance Minister Yanis Varoufakis boosted hopes of a deal. Eurozone finance ministers said on Monday afternoon they expect new proposals from Greece to come forward following the 'no' vote.
Greek finance minister Yanis Varoufakis steps down despite 'no' vote
Greek finance minister Yanis Varoufakis on Monday morning surprised many with the decision to resign despite the public voting ‘no’ to creditors’ bailout measures.
Early results in Greferendum show clear lead for 'no', euro drops
Early results from Sunday´s referendum in Greece over whether to accept international creditors´ demands for reaching an agreement on the terms of a bail-out showed the 'no' camp clearly in the lead.
Market overview: UK stocks trim earlier losses
1615: The FTSE 100 has bounced off its lowest levels of the day and is now trading down just 27 points at 6,603 as mining stocks trim earlier losses. While the sector is still trading in the red (-1. 05%), precious metals producers Randgold, Petropavlovsk and Polymetal have pushed into positive territory.
Greek debt load may be unsustainable, IMF says
The policies carried out by Greek authorities since late 2014 have turned Greece´s debt load unsustainable and should the reforms asked of Athens be softened further then the country will require some of its debt to be forgiven, the world´s financial watchdog said.
US non-farm payrolls rose by 223,000 in June
Improvement in the US labour market was considerably more restrained in June than analysts had been expecting.
BP rallies after saying it will settle over 2010 Gulf of Mexico spill for up to $18.7bn
Shares in BP rallied nearly 4% on Thursday after the company said that it has reached agreements in principle to settle all federal and state claims arising from the 2010 Gulf of Mexico oil spill at a cost of up to $18. 7bn spread over 18 years .
Varoufakis will tender resignation if Greeks vote yes
Greek finance minister has promised to tender his resignation should Greeks vote 'yes' in the upcoming 5 July referendum.
Electrolux slides as US files lawsuit to stop GE deal
Shares in Electrolux slid 10% on Thursday after US antitrust officials filed a lawsuit to block the sale of General Electric’s appliance business to the Swedish company, saying the $3. 3bn deal would lead to higher prices for US consumers.
Riksbank cuts interest rates by surprise to curb strength in Krona
On Thursday Sweden´s central bank became the latest monetary authority to act in a bid to curb excessive strength in its currency and said it was ready to go further.
Tesco's shortlist for South Korea sale said to include Affinity, Carlyle and MBK Partners
Private equity firms Affinity Equity Partners, Carlyle Group, MBK Partners and the private equity arm of Goldman Sachs have reportedly been shortlisted for the sale of Tesco’s South Korean Unit, Homeplus, which is valued at around $6bn.