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Aircraft engine maker Rolls-Royce said it was selling its Spanish business as it sought to raise £2bn after reporting a large interim loss and scrapping its dividend due to the coronavirus pandemic.
The head of America's Federal Reserve announced a shift in monetary policy in order to allow both greater growth in hiring and for more sustained overshoots on inflation versus its target level following periods of weakness.
Cruise operator Carnival said it was extending its pause of operations in Australia to December as the Covid-19 pandemic continued to hit its operations globally.
