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  • NEW YORK/ LONDON, July 28- Gold turned lower after hitting a two-week peak on Thursday as the dollar pared losses and U.S. stocks climbed from their lows ahead of a possible Bank of Japan announcement to expand monetary stimulus on Friday. Spot gold was down 0.3 percent at $1,335.60 an ounce at 3:28 p.m. EDT, after rising to a two-week top at $1,345.21.

  • LONDON/ MILAN, July 28- Italy's Monte dei Paschi di Siena,, which is scrambling to put together a privately backed bailout, suffered a setback on Thursday when three banks turned down a request to back a planned 5 billion euro cash call. The troubled lender is trying to pull together a banking consortium to guarantee its proposed capital increase in the next 24 hours...

  • LONDON, July 28- Shockwaves from Britain's vote to leave the European Union rocked the economy on Thursday, with thousands of jobs lost at one of the country's biggest banks, big extra costs for Ford, and consumer confidence plunging. One of Britain's biggest car dealerships, Inchcape, predicted growth in new car registrations would fall. The 2016 impact of Brexit...

  • LONDON, July 28- Morgan Stanley and Italian lenders UniCredit and Intesa SanPaolo have rebuffed a proposal by Italy's third-largest lender, Banca Monte dei Paschi di Siena, to back its proposed 5 billion euro cash call, a source familiar with the matter told Reuters. The troubled lender is trying to pull together a banking consortium to guarantee its proposed...

  • Euro zone confidence rises after Brexit

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Royal Dutch Shell, Brexit, Telefonica and Rolls-Royce

  • *Central bank tightens monetary policy for 3rd time since Dec 30. COLOMBO, July 28- Sri Lanka's central bank raised its main interest rates by 50 basis points each on Thursday in a surprise move aimed at curbing stubbornly high credit growth that is adding to concern about inflationary pressures. The Central Bank of Sri Lanka raised the standing deposit facility...

  • bet bid wager

    Wall Street banks are pricing in expectations that the Federal Reserve will increase rates before 2016 is out.

  • July 28- Wall Street fell on Thursday morning on mixed earnings and weak economic data, a day after the Federal Reserve decided to keep interest rates unchanged. A report by the U.S. Labor Department showed that unemployment numbers rose more than expected to 266,000 for the week ended July 22. However, Facebook opened at an all-time high of $128.31 after the...

  • July 28- The European Banking Authority releases the results of its 2016 health check on 51 lenders on Friday. Instead the European Central Bank will use banks' performances in the tests to set capital targets for them. Italy's banking system is the weakest among the large European Union countries, with its lenders saddled with around 360 billion euros of bad...

  • Wall Street New York

    A blue-ribbon panel is proposing a bevy of reforms that it hopes will restore confidence in the stock market.

  • TACOMA, Wash. _ Columbia Banking System Inc. on Thursday reported second-quarter net income of $25.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • COLOMBO, July 28- Sri Lanka's central bank raised its key monetary policy rates by 50 basis points on Thursday in a surprise move to curb stubbornly high credit growth that is adding to worries about inflationary pressures. The Central Bank of Sri Lanka raised the standing deposit facility rate and the standing lending facility rate to 7.00 percent and 8.50...

  • European banks have not been in the best of their health for a long time. But will they be able to face the outcome of the ECB stress tests due on Friday?

  • July 28- Wall Street was set to open flat on Thursday after the Federal Reserve decided to keep interest rates unchanged, but left the door open for a possible increase in the coming months. Those odds do not go significantly higher even until July next year, according to CME Group's FedWatch tool. Strong economic data has put Wall Street on a record-setting rally...

  • Surfer wipeout

    Some EU banks struggled with U.S. stress tests. Now, they have to play at home.

  • With the U.K. set to leave the EU in the next few years, some businesses may wish to move elsewhere. But can they bet on a warm welcome?

  • LONDON, July 28- Shockwaves from Britain's vote to leave the European Union rocked the economy on Thursday, with thousands of jobs lost at one of the country's biggest banks, consumer confidence plunging, and construction and car sales slowing. Preparing for a Brexit-related slowdown, Lloyds Banking Group said it would cut a further 3,000 jobs and one of...

  • BRUSSELS, July 28- European Union rules limiting remuneration of bankers and financial firms' staff may be too costly for smaller companies and could be reviewed, the European Commission said on Thursday, in a move that addresses concerns raised by banks. Before proposing any changes, Brussels will conduct a study to assess more thoroughly the impact of bonus...

  • LONDON, July 28- Gold rose on Thursday after the Federal Reserve stopped short at this week's policy meeting of indicating that a further increase in U.S. interest rates is on the cards for later this year. Uncertainty over the path of interest rates has held gold in check since it rallied to more than two-year highs in the wake of Britain's shock vote last month to...

  • LONDON, July 28- Gold rose on Thursday after the Federal Reserve stopped short at this week's policy meeting of indicating that a further increase in U.S. interest rates is on the cards for later this year. Uncertainty over the path of interest rates has held gold in check since it rallied to more than two-year highs in the wake of Britain's shock vote last month to...

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