Standard Chartered is close to settling claims over further money laundering failings at a cost of up to another $300 million (�179 million).
A sharper than expected fall in inflation has cemented expectations that interest rates will not rise until next year, as economists said price rises would remain subdued for the rest of 2014.
The payment was announced alongside half-year figures that beat analysts' expectations due to a strong performance from Glencore's marketing arm.
Losses at Edinburgh-based Cairn Energy narrowed substantially to $62 million in the first half of the year. The figure compares to a $219m reverse in the same period last year and comes after the firm suffered a full-year reverse of $556m for 2013.
Imperial Tobacco �25.85+59p. Questor says HOLD. IMPERIAL Tobacco [LON:IMT] is a solid, defensive share that offers a 5.6pc prospective dividend.