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FTSE steady; StanChart slides

LONDON - Britain's top share index was flat in opening deals on Tuesday, as big falls in Standard Chartered offset gains from other banks and mining stocks.

Recent Business News

Retail sales growth slows in July - BRC

LONDON - British retail sales growth slowed in July as a sunny spell towards the end of the month failed to make up for weeks of rain which depressed sales of summer clothes and other seasonal products, the British Retail Consortium said on Tuesday.

12:15am BST

Greggs profit hit by summer washout

LONDON - Britain's largest seller of food on the go, Greggs , posted a 4.5 percent fall in first-half profit after sales were hit by the wettest April to June period since records began.

7:46am BST

Shrinking U.S. crops pose inflation challenge for countries

CHICAGO - For nations like China and India fighting to tamp down inflation while spurring growth, even as the global economy faces headwinds from Europe's debt crisis, shrinking U.S. crops could be an additional headache as food prices creep higher.

6:04am BST

Meggitt profit boosted by demand for new planes

LONDON - British aircraft parts supplier Meggitt posted a 15 percent rise in first-half profit, led by strong demand for new more fuel-efficient planes and a robust performance from its military business.

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