Ukrainian Globalist

One of the leading British banks Lloyds Banking Group PLC (LON: LLOY), 40% owned by the British Government, said that its profit amounted to £ 1,6 billion ($ 2.5 billion) the first half of 2010. The figure above forecasts of analysts polled by Thomson Reuters and Bloomberg, the expected profit at £ 620-700 million ($ 1-1,1 billion).

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Dow Jones Industrial Average could fall to 0.5% by the end of trading, say the Open Knowledge analysts. Stocks and interest rates tumbled Tuesday after signs of slowing economies around the world spooked traders. The Dow Jones industrial average (DJIA-9,895.09-243.43-2.40%) fell about 230 points in midday trading to drop below 10,000 for the first time since June 10. The Dow and other major indexes each lost more than 2 per cent.

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Prices for oil futures Brent and Light Sweet continues to decline, while the cost of the main contract on the New York Mercantile Exchange (NYMEX) fell below $ 68 per barrel. On the eve of futures on U.S. light crude on the NYMEX closed at 70.21 dollars per barrel.

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