Stocks little changed amid China, trade worries; pound stabilizesConcern over China's economic outlook and global trade left major world stock indexes little changed on Thursday, while an end to the latest chapter in Britain's exit from the European Union helped to stabilize sterling.
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Volatile market hits Morgan Stanley's trading, wealth managementMorgan Stanley's profit fell short of analyst expectations as trading revenue slumped more than rivals and its wealth management business faltered, sending its shares down more than 5 percent.
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U.S. labor market strong; mid-Atlantic factory activity improvesThe number of Americans filing applications for jobless benefits unexpectedly fell last week, pointing to sustained labor market strength that should continue to underpin the economy.
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RBS seeks investor backing for share buyback planState-backed British bank Royal Bank of Scotland is to consult with shareholders on plans for a buyback of its shares owned by the Government, using excess capital to accelerate its return to private ownership.
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