03-Aug-2012 08:48

Delay austerity to boost growth, NIESR says - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/economics/9447761/Delay-austerity-to-boost-growth-NIESR-says.html

Bank of England holds rates despite darkening economy - CITY A.M. :: http://www.cityam.com/latest-news/bank-england-holds-rates-despite-darkening-economy

Sharp Shares Dive 30% - Wall Street Journal :: http://online.wsj.com/article/SB10000872396390444320704577566033393362306.html

BHP Billiton writes down shale gas assets by £2.8bn, chief Marius Kloppers ... - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/newsbysector/industry/9448474/BHP-Billiton-writes-down-shale-gas-assets-by-2.8bn-chief-Marius-Kloppers-forgoes-bonus.html

China services sector maintains healthy growth in July - Reuters :: http://in.reuters.com/article/2012/08/03/china-pmi-idINL4E8J30BX20120803

HMV boss to step down after presiding over share price collapse - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9448258/HMV-boss-to-step-down-after-presiding-over-share-price-collapse.html

FOREX-ECB inaction keeps pressure on euro; US jobs next focus - Reuters :: http://www.reuters.com/article/2012/08/03/markets-forex-idUSL4E8J31QS20120803

RBS says it has sacked staff after Libor probe - Reuters UK :: http://uk.reuters.com/article/2012/08/03/uk-rbs-earnings-idUKBRE87207P20120803

RBS runs up £310m bill in charges - The Press Association :: http://www.google.com/hostednews/ukpress/article/ALeqM5i0-xpFY3rBwJaEYTmFZzN2Z9FREQ?docId%3DN0214471343974972282A

BAE revenues hit by drop in US and UK demand - The Guardian :: http://www.guardian.co.uk/business/2012/aug/02/bae-revenues-fall-uk-us?newsfeed%3Dtrue