image WASHINGTON: US economic growth was robust in the third quarter, according to the first government estimate Thursday, appearing to underscore the Federal Reserve's decision to end its asset-buying stimulus program.
After a positive start from Footsie, the blue chip index was sinking in early deals as traders mulled the end of QE across the pond and a clutch of corporate updates.
LONDON (Reuters) - Royal Bank of Scotland (RBS.L) will announce how much it has set aside to cover potential fines for manipulating currency markets when it reports third-quarter results on Friday, several banking sources said.
The European Central Bank has said it will start its purchases of asset-backed securities in November in a bid to kick-start credit in the euro area.
LONDON - Royal Dutch Shell said on Thursday that third-quarter earnings rose as it started to benefit from cost-cutting and from its large liquefied natural gas business.