here's a tweet from last week with sky news and they said the financial conduct authority says royal bank of scotland senior managers will not be disciplined for misconduct over the treatment of small firms and the bank's global restructuring group as the city regulators powers do not apply so apparently the united kingdom has this regulator called the financial conduct authority and that was established after the financial crisis and they made you know while they were having all those inquiries to distract the population they said oh population voters all those who have basically your taxes have financed the rescue of all these banks and we're going to keep on looking forward not back about their crimes but. is we've set up this financial conduct authority to make sure it never happens again well now that emerge that the taxpayer own the royal bank of scotland georgi group did indeed smash and grab the assets of a lot of small and medium sized enterprises across the united kingdom. well now the financial conduct authority says words are bad we can't do anything we don't have the authorit

royal bank of scotland and what they did in america and now they're just paying a fine to resolve this so r.b.s. bankers joked about destroying the u.s. housing market r.b.s. bankers joked about destroying the u.s. housing market after making millions by trading loans that staff described as total garbage according to transcripts released as part of a four point nine billion dollars settlement with the u.s. . hasa cuter is details of internal conversations at the bank emerged just weeks before the ten year anniversary of the financial crisis we saw r.b.s. rescued with a forty five billion dollar bailout from the u.k. government so u.k. taxpayers which by the way their incomes are even lower ten years after the crisis than american incomes they bailed out their banks nobody went to prison remember the f.c.a. in the united kingdom only a week or two ago the financial conduct authority said there was no evidence they couldn't prosecute they had no authority to prosecute r.b.s. for their global restructuring group smashing in grabbing the assets of all the small and medium sized enterprise

royal bank of scotland and what they did in america and now they're just paying a fine to resolve this so r.b.s. bankers joked about destroying the u.s. housing market r.b.s. bankers joked about destroying the u.s. housing market after making millions by trading loans that staff described as total garbage according to transcripts released as part of a four point nine billion dollars settlement with u.s. prosecutors details of internal conversations at the bank emerged just weeks before the ten year anniversary of the financial crisis which saw r.b.s. rescued with a forty five billion dollar bailout from the u.k. government so u.k. taxpayers which by the way their incomes are even lower ten years after the crisis than american incomes they bailed out their banks nobody went to prison remember the f.c.a. and the united kingdom only a week or two ago the financial conduct authority said there was no evidence they couldn't prosecute they had no authority to prosecute r.b.s. for. their global restructuring group smashing in grabbing the assets of all the small and medium sized enterprises h

the royal bank of scotla nd before we go.s. well, that is it for me. i'll be back later. we're just is it for me. i'll be back later. we'rejust gonna is it for me. i'll be back later. we're just gonna have a quick look at the scene. we're just gonna have a quick look at the scene. let's go to harare, where an opposition press conference hasn't happened, as riot police. they were driving awayjournalists who were waiting for the conference to begin. we are now hearing that they are going to let the news conference go ahead. there has been some confusion and we don't know why journalists were pushed out of the area by the right police, but we had seen 25 minutes ago journalists, camera crews running away from the scene, but it appears that that news conference will now shortly go ahead. we will hopefully, tune in here perhaps after two o'clock. 0f course the opposition saying that the vote has been raped. the presidential election in particular. the results were very close, but giving the election to emmerson mnangagwa. you have

here's a tweet from last week with sky news and they said the financial conduct authority says royal bank of scotland senior managers will not be disciplined for misconduct over the treatment of small firms and the bank's global restructuring group as the city regulators powers do not apply so apparently the united kingdom has this regulator called the financial conduct authority and that was established after the financial crisis and they made you know while they were having all those inquiries to distract the population they said oh population voters all those who have basically your taxes have financed the rescue of all these banks and we're going to keep on looking forward not back about their crimes but. is we've set up this financial conduct authority to make sure it never happens again well now that emerge that the taxpayer own the royal bank of scotland georgi group did indeed smash and grab the assets of a lot of small and medium sized enterprises across the united kingdom. well now the financial conduct authority says. are bad we can't do anything we don't have the authority to

royal bank of scotland and what they did in america and now they are just paying a fine to resolve this so r.b.s. bankers joked about destroying the u.s. housing market r.b.s. bankers joked about destroying the u.s. housing market after making millions by trading loans that staff described as total garbage according to transcripts released as part of a four point nine billion dollars settlement with u.s. prosecutors details of internal conversations at the bank emerged just weeks before the ten year anniversary of the financial crisis which saw r.b.s. rescued with a forty five billion dollar bailout from the u.k. government so u.k. taxpayers which by the way their incomes are even lower ten years after the crisis than american. incomes they bailed out their banks nobody went to prison remember the f.c.a. and and the united kingdom only a week or two ago the financial conduct authority said there was no evidence they couldn't prosecute they had no authority to prosecute r.b.s. for their global restructuring group smashing and grabbing the assets of all the small and medium sized enterpri

by royal bank of scotland on its own people in the u.k. . for i and the m.c.a. at that moment presented with overwhelming irrefutable proof says. we actually don't cover that that's not in our purview where we don't know we we don't see anything go go we don't know so this is also because so beautiful this is how this market in the system a state in place for a thousand years is they all what my god i'm currently coming on ravel on there's a this is. news to be put into my pocket so the f.c.a. will change their name see what happens in the u.k. is that every time the regulator is caught committing massive fraud to cleanse themselves they change their names be gone within a three months i'll bet you a million dollars and decline that the f.d.a. will change saying within three months to try to cover their tracks of this massive ok i'll take that bet ok so if you're going to do it if you're going to do it if you lose i win that money but ok the point is that the f.c.a. they were created by the political authorities the people we elect into office they gave them no

withg up, our interview the royal bank of scotland cfo. that at 7:00 a.m. u.k. time. ♪ anna: this is "bloomberg daybreak: europe." a blue sky over singapore. msci asia-pacific underwater by 0.2%, ending the worst week in asian trading since march. trade tensions part of the story. let's get a business flash. theette: apple has become first u.s. based company with a market value of $1 trillion. other tech giants are not far behind with amazon, alphabet, and microsoft with more than $800 billion each. the milestone was reached for decades after apple was cofounded with steve jobs in a silicon valley garage and revolutionize the world of computing and mobile communication. in oil company briefly crossed the $1 trillion mark, but collapsed. heineken buying a stake in china's largest beer maker that will allow it to expand in a market dominated by local brands . the dutch brewer making it global push into emerging inkets will take a 40% stake china research beer holdings. china, the world's largest beer market, is seeing fierce competition as drinkers with rising inc

to describe them in the way that i had described them in the past but clearly royal bank of scotland you know when they're attacking british people that's one thing because of who cares british people their micro. garbage who cares but when they attack americans like this that's obviously an act of war and america and you know we tolerate less from iran we tolerate less from china we tolerate less from our perceived enemies that trump is raging on about that we are in the trade war an economic war iran apparently is our enemy according to trump and we should bomb them or we should bomb syria what i'm ok r.b.s. and britain are financially attacking americans in real time with acts of war acts of financial terrorism so it's very simple that. i mean i don't know how to make it any any simpler than this i mean these people are well again remember everybody in the world is angry and nobody in the elite media understands why they think it's a conspiracy theory and they prefer that because it's simple that they don't want to look at their friends because look at r.p.'s sr this is let me giv

if you're a bank or insurer like the royal bank of scotland, you're not challenge the banks —— sanctions but the much bigger thing will come in november, and if you're the royal bank of scotland or if you sit on the board of the swift financial messaging service, that will come under sanctions as well in november u nless under sanctions as well in november unless it disconnects iranian banks. what about the international politics of this? while the united states is doing one thing, the other signatories to this deal are still insistent that they want to stick with what they've got? how does that unravel from your? everyone with what they've got? how does that unravelfrom your? everyone has their own domestic politics. the germans in particular are very wet to this deal, they have a lot of business in iran and don't see iran asa business in iran and don't see iran as a threat the way you the united states and france have in the past. great britain is negotiating brexit, so they have to be with europe on a certain things, like this. and in france there is just a french commitment, they did

royal bank of scotland investors have had a long way. decade after the financial vices, concrete plans to make dividend payments. a twopence per share interim dividend subject to u.s. regulators. we spoke with the chief finance officer in stephen sing and asked about the -- ewan stevenson. >> 2007 was the last time we paid a dividend. agreement sign the and once we do that, we have an agreement to pay our dividend of twopence per share. it is a great sign of the progress the bank has made over the past couple of years. nejra: twopence a share, could that increase over time? >> we expect it. continue to be healthy. we have a long-term target of bank has backed earnings and is producing more capital. nejra: could that be a special dividend? eweng: we don't know. that is something we will look at from 2019 onward. today, we said we would work toward in regular payout ratio of 14% of earnings and on top of that, we will look to do special dividends and potentially buybacks. about the talked capital and doj settlement out of the way. congratu

. >>> meanwhile the royal bank of scotland agreed to pay $4.39 billion in that it misrepresented the of mortgages it sold to housing investors during the housing bubble. that's the largest penalty imposed by the justice didn't for a financial error misconduct of a single company. the housing crisis led to the 2008 great recession. other big banks including bank of america, citigroup, and goldman sachs will pay millions in fines. >>> kroger is teaming up with internet giant alibaba. kroger will start to sell some products to chinese shoppers on a website owned by alibaba. it recently launched an online service and increased its investment in a british online grocer. the chain is working the catch up with walmart and amazon which are investing heavily in online grocery sales. kroger plans to sell store brands on the site, but didn't say which products. >>> and the girl scouts are introducing a new flavor next year. caramel chocolate chip. it will be gluten-free. it will be available in 2019. >>> the most popular cookie remains thin mints. the girl scout cookie business is big business,

royal bank of scotland agreed to a record settlement over mortgage backed securities. the u.s. d the bank will pay $4.9 billion. authorities caught the biggest penalty ever imposed. admit wrongdoing. chain -- a store markets.com say a formal bid may be coming in the future. last week, it agreed to buy the house of fraser. that is the bloomberg business flash. for our newick note york audience, the tunnels the late off of jersey transit. a one hour delay for our audience. before 2025.fixed at theirilli looking debris of the first tuesday of wisconsin. lost in minnesota. let's go to mr. trump's wisconsin. what did we learn? >> this was a surprising victory for president trump. tony evers was chosen to take on scott walker. that was interesting. it will be interesting to see how the president campaigns for him. i see a trend. are picking more progressive candidates and more females. in terms of the right, you're seeing much more conservative candidates echoing president trump. trumpo the democrats want -endorsed candidates to win? >> i think they do. if you look at the races where

but at the moment it's a boon for exports and only another story we're following at this hour the royal bank of scotland r.b.s. has to pay a stiff penalty to settle civil claims in the u.s. after an alleged misconduct in the period leading up to the financial crisis almost five billion dollars but that's almost roughly ten years ago what did the r.b.s. do. the justice department in the us said that it misrepresented securities that were backed by risky mortgages and they concealed the high risk that was involved their default that is securities basically being worth nothing and of course we know that's what really sparked the financial crisis ten years ago and the justice department also alleges that r.b.s. earned hundreds of millions with this business basically cheating investors while the investors lost money but of course the r.b.s. disputes this but it's a settlement and it's a very expensive settlement certainly as we keep speaking of banks the deutsche bank the biggest lender in germany is in the news again why now will. because it has. been overtaken on the stock market by a company

the usjustice department says royal bank of scotland will pay a $4.9 billion fine.at it misled investors on residential mortgage—backed securities between 2005 and 2008. it said that the bank disputes the allegations and does not admit wrongdoing. the penalty is the largest—ever imposed on a bank for misconduct leading up to the financial crisis. rbs will now start paying its shareholders a dividend for the first time in a decade. amazon's one—day delivery advert for prime members has been banned in the uk for being misleading. the regulator says it received 280 complaints from customers who reported not receiving their packages in a day. amazon says the overwhelming majority of orders arrived on time. turkey's president recep tayyip erdogan says his country will boycott us electronic products, after washington imposed punitive sanctions on ankara. the us doubled tariffs last week over tu rkey‘s refusal to extradite a us pastor who is imprisoned there. turkey's weakened currency, the lira, plunged by a full 20% in response. the south korean government has said it wi

here's a tweet from last week with sky news and they said the financial conduct authority says royal bank of scotland senior managers will not be disciplined for misconduct over the treatment of small firms and the bank's global restructuring group as the city regulators powers do not apply so apparently the united kingdom has this regulator called the financial conduct authority and that was established after the financial crisis and they made you know while they were having all those inquiries to distract the population they said oh population voters all those who have basically your taxes have financed the rescue of all these banks.

royal bank of scotland is on course to pay its first dividend in ten yea rs, to pay its first dividendte seeing a 5% fall in half—year profits in three months to june. but that money will not be paid until the billion settlement with the us department ofjustice over mortgage securities is completed. simon jack has over mortgage securities is completed. simonjack has been speaking to rospa to, the boss. —— ross mcewan. speaking to rospa to, the boss. -- ross mcewan. was a good day to announce a profit, with another £1 billion for the department of justice. and £1.8 billion of profit as well. that has been good for us considering what we have gone through. what is happening in the marketplace is a lot of things have weighed on the share market, particularly bank stocks, talk of trade wars, brexit itself, what will be the outcome for the uk, other things that are bearing down on stock. the other good thing for us was the announcement of the intention to pay a dividend, the first one in ten years. that is good news for our investors as well. we start to see some return coming through for t

italy other nations for the same reason they attack iran ok iran is a sweetheart compared to the royal bank of scotland yeah so anyway you know this is a many americans promise to come here to toronto they never did all the elites the sort of people that are on saturday night live or m s n b c they promised to come here because they couldn't understand why people voted for trump they still don't understand but now they have a comforting conspiracy theory just like you know after nine eleven many americans tuned in to comforting conspiracy theories then well now the elites have a comforting conspiracy theories and that's why they're not living here in toronto . oh my god well much more coming your way right after the break so don't go away. seems wrong. just don't. get to shape out these days to educate and in. equals betrayal. when so many find themselves worlds apart we choose to look for common ground. and i finally ended up going also this weekend at atlanta now has a buddy and on thousand people point. line and if he would be who would it be that he's leaving the party can get out and m

the royal bank of scotland has done quite well today, it is up by 3%.are operating at what he describes as brexit discount and actually that holds true for lloyds as well. but the best dividend in ten years. investors will be pleased. thank you, we will see you again later. a teenager who was part of the first all—female terror cell has been sentenced to life in prison over a plot to carry out a gun and grenade attack at the british museum. the 18—year—old is britain‘s youngest convicted female islamic state terrorist. along with her sister and mother the three are responsible for the uk‘s first all—female terror plot. that news has just broken broken. her mother is already being centres. they were talking about the mad hatter tea party, this was code for an attack. she was convicted two months ago of plotting terror attack in the uk. she was also found guilty of planning to carry out a bomb attack in syria with her fiance, a carry out a bomb attack in syria with herfiance, a fighter with so—called islamic state, but she was thwarted in her attempts to

trade through the royal bank of scotland will pay nearly $5 billion from way back from the financial is your take? >> well, it's a huge fund. we did know it was coming under fire, but the bank keeps on giving in terms of bad news. when you think out of the woods another one comes along. it is quite depressing we are still dealing with this in the bank itself remains mostly stayed down and there's a long way for really been anything like a sustainable entity. >> would like to thank all of you for watching "fbn:am." we now send it over once again to neil cavuto who is back for more early money paid. drink you know it's funny yesterday heard from some viewers, they were not enthusiastic to see meet in a couple of them said this is not the way we want to wake up. i felt bad. and that was for my wife. >> wait until stuart weighs in. >> i can't wait to see you on friday, neil. neil: like jerry lewis at the end of the telethon. thank you very much. i am neil cavuto. maria bartiromo is off this week, so i'm trying to fill in for her. meanwhile, turkey trying to get out of its own way. good l

high and send the pound lower against the dollar recovering a bit but barely hovering at 130 the royal bankill issue its first dividend in 10 years. it had been mired with the u.s. department of justice over the sale of nbs and the crisis you see the shares up 3% stocks down 20% over the past five years >> speaking of how long recovery has been for many. >>> ceo les moonves staying mum about sexual misconduct allegations during last night's cnbc earnings call despite the silence the controversy could drastically impact the company's future. join us former tivo ceo, tom rogers, now executive chairman at wind view and cnbc contributor. and angela boorstin is with us i know you were on the call last night. despite an earnings feed and up guidance, is this really because they didn't answer any questions about these investigations >> it really seems to be because of the uncertainty about two major issues really hanging over cnbc stock one is what's going to happen in terms of these allegations of ceo les moonves and the investigation under way and what sort of outcome is under way and what that

the royal bank has tapped katie murray to be chief financial officer.ho is currently deputy cfo, will take on the role in the beginning of october. steven sent leaves the board at the end of september as he heads for a job as finance director or hsbc. tesla executives have reportedly been trying to recruit a coo or another number two dated to assume some of elon musk's day-to-day responsibilities. the search has intensified in the wake of musk's recent tweets. in an interview, they say they approached facebook's cheryl sanders but quote to the best of my knowledge, there is no active search. more, a partner at credit suisse in brazil is leaving the fund. the bank with faster part of the business to okumura. they will be responsible for several incumbent pension funds. data compiled shows assets under have plunged 94% from a peak in may of last year. that is the bloomberg business flash. francine. francine: thanks so much. it is the end of the road for nvidia's crypto gold rush. they say it has right of faster than expected. sell $100ted to million of ch

the bank is grappling with the fallout from a powerful inquiry into misconduct in the banking sector. the royaled customers for services it didn't provide. the austrian capital vienna has beaten australia's melbourne to be named the world's most liveable city. it's the first time a european city ha topped the ranking of the economist intelligence unit's annual global survey. it ranks 140 cities on factors, including political and social stability, crime, education, and access to healthcare. next week, greece is due to emerge from its final international bailout deal. while it's a symbolic end to the country's financial crisis, greece's economy is still fragile. one sector hard hit has been fishing. the eu has been paying local fishermen to give—up their boats to help modernise the economy and retrain workers. but it's been a controversial move as philip hampsheirfound out in the greek coastal village of chalkida. dimitri is a 73—year—old builder who lives in a fishing village just 30 minutes outside of athens. each vessel is a handcrafted work of art. he has made 5—6 per year since 1962. demand

beyond the borders tonight, the royal bank of scotland has agreed to pay nearly $5 billion for misconductancial crisis. justice department officials made the announcement today. the settlement resolves claims that investors were misled in mortgage-backed securities. the penalty is the largest imposed by the justice department so far. 80 cars torched overnight in sweden by vandals and no one has been arrested. sweden's prime minister called it an extremely coordinated attack and lashed out at the perpetrators, asking "what the heck are you doing?" more than 2,000 people evacuated monday while polish navy experts remove three world war ii bombs from the baltic sea. the navy spokesman says the bombs were taken to a test range for a controlled detonation. each bomb weighed more than 600 pounds and their impact radius was estimated more than a mile. the area where they were taken was the site of fierce fighting in world war ii's last phase. some of the other stories beyond our borders tonight. will be right back to the white house after this. nuritional drink now has 33% more protein, along wi

royal bank of scotland has declared an ordinary it end of two cents per share.fter the statement and or will pay $4.9 billion to settle allegations of mortgage-backed securities in the years leading up to the housing crisis. in the underwriting and issuing of securities between 2005 and 2008. the allegations are disputed and not admitted to in the settlement. talks --olding embattled chinese conglomerate airport luggage handler. &a is working with advisers, including a majority stake in the business. it could be valued at $3 billion. a week after elon musk shop the market by proclaiming tesla may become a private company, evidence has piled up he tweeted too soon. goldman sachs had not been informed when musk revealed his plan. formank and private equity -- private equity firm silver lake had not signed on. a spokesman for goldman sachs declined to comment. representatives first overlake and tesla did not respond to requests for comment. that is your bloomberg business flash. anna: thank you, juliette saly in singapore. the u.s. session close yesterday that shed

royal bank has resumed a plan to start paying dividends a decade after the government bailout. still subject to a final agreement with u.s. regulators. bloomberg's nejra cehic spoke with the banks had best the bank -- with the bank's head. we do need to sign an agreement. the that is signed, we have attention to pay our fair 2 pence per share. nejra: could that increase? >> we have a long-term target of 13. not already sitting on a lot of best not only are we sitting on a lot of surplus at the moment, the bank is back to regular earnings. taylor: british posted second-quarter earnings that missed estimates -- british airways posted second-quarter earnings that missed estimates. shares fell the most in five months. says advanced bookings are helpful, particularly on the lucrative north american route. cohen's apartment at goldmans it -- is the latest in her rise. she leads the team that sides were the bank should pursue new areas of business or acquisition. that is your bloomberg business flash. guy, francine? francine: thank you so much. let's get back to italy, the 10 year yiel

royal bank of scotland has declared an ordinary dividend of two pence per share after the state-ownedender will pay $4.9 billion to settle investorss it misled of a mortgage backed securities in the years leading to the housing crisis. the bank was accused of misleading investors in the underwriting of mortgage-backed securities 2005 and 2008. rbs disputes the allegations and did not admit to them in a green to settle. -- is among parties holding talks to acquire a stake in swiss port as the embattled chinese conglomerate hna weighs options for the luggage handler. -- is working with advisers to explore possibilities, including the sale of a majority stake in the business. for hna andves cerberus declined to comment. the ceos of the largest london lifted -- listed companies are as likely to be -- as they are female. seven of the ftse 100 company ceos are women, equal to the number of women -- men named dave or david. there are a number who are steve or stephen. juliette, thanks very much. juliette saly in singapore. let's talk tech. in a moment, the latest from hong kong on tencent sh

we‘ve had the latest figures from the royal bank of scotland this morning — and they‘ve been watchedend in ten years, which will be around 2p a share. our busines editor simonjack spoke to rbs‘s chief executive ross mcewan about the bank‘s results. it was a very good day for us to make a profit. we put aside another billion pounds for the department of justice. and dropping to the bottom line 888. it has been a good half for us considering what we have gone through. what is happening in the marketplace, there are a lot of other things that way on the share market. this talk of trade wars, brexit itself, what is going to be the outcome for the uk. the good thing for us is the announcement of paying a dividend, the first one in ten years. it is good news for our investors as well. we will start to see some return coming through for the stock. including the biggest share holder which is the taxpayer. on that port, rbs is a very different thing than it was ten yea rs different thing than it was ten years ago. much more uk focus, business and personal focus years ago. much more uk focus,

the royal bank of scotland has agreed to a record settlement. the u.s. partment says the bank will pay $4.9 billion. authorities report it is the biggest penalty imposed -- rbs is not admitting to any wrongdoing. a chain department store have soared today. the company owns all of the 30% stake. a formal bid may be forthcoming in the near future. alcoholic beverage -- is -- nding its bad the maker of corona beer is investing in cannabis growth. that is your bloomberg business flash. alix: we turn now to wall street beat. filings reveal the positions of einhorn and more. china pauses the game amid agency shakeup, china freezes approvals for the world's biggest gaming market. cfa past rates drop. david: joining us now is peggy .ollins these are always a little out of date. they are the u.s. stock bydings, long positions hedge fund managers, but it does give us a comprehensive look at where they were buying and selling in the second quarter and they may still on these holdings. certainly a lot of interest in spotify. we saw a number of hedge funds disclose ho

fell during morning trade as executives of its pensions unit give evidence at a powerful banking inquiry. the royal which is investigating wrongdoing in the financial sector, has heard australia's biggest bank breached legal requirements when it failed to transfer pension customers onto a low cost product. phil mercer is in sydney. this is beginning to sound costly? another bad day for the commonwealth bank of australia and this particular legal requirement it didn't fulfil meant 15,000 customers we re didn't fulfil meant 15,000 customers were affected, they were supposed to have been put onto a low—cost comment, as the law determines. in their defence, staff at the bank said there were problems with the computer system. the bank is well and truly under the spotlight as a result. the shares in commonwealth bank have fallen. in previous hearings, the bank has been found to have misappropriated funds from customers and also charging clients who were dead fees, and that provoked one barbed comment from one observer saying the bank should open branches at cemeteries. that gives you an indication of the

into, ithink account that it was transferred into, i think my real problem is that when i notified royal bankuld immediately put a hold on that hsbc account that evening. i trusted them. they said they would investigate it instantly, i called back again to hours later, to check they had done what they have promised, they assured me they had put a hold on the hsbc account, the following morning, when i was told to call their team at 8am when they open, i did so, apparently, no hold had been put on that hsbc account. 0k, hold had been put on that hsbc account. ok, now, iwill bring in richard again. are you both of the opinion that it is the receiving bank that should be refunding somebody like louise? we fundamentally think the banks collectively need to take more responsibility for these frauds. how would they do that? protecting and reimbursing. from a consumer point of view it doesn't matter where money comes from, louise has done nothing wrong, she has acted reasonably, yet she has lost money and so the banks need to arrive at a scheme where she will be reimbursed and that is what we are wo

the royal bank of scotland came joint bottom along with clydesdale bank.r service, online and mobile banking, overdrafts and services in branches. welcome to the business news. back to our top story on train fares. train travellers are to be hit by a further increase in ticket prices from january 2019. we now know that the price of train tickets will rise by 3.2% in january, the price of train tickets will rise by 3.2% injanuary, based on the latest inflation data from the office for national. that's slightly lower than the rise analysts had been predicting but this will push the price of some season tickets up by hundreds of pounds. and it also follows a 3.6% hike in january this year, the steepest rise in five years. so, the real issue here is that fare increases are far outstripping any rise in wages. on tuesday, the 0ns said that average earnings, excluding bonuses, rose by 2.7% for the three months to june. joining us now is liz martins, chief uk economist at hsbc. thanks forjoining us. first off, can we get some clarification on the different measure

the store is in what is called the bank buildings on royal avenue, one of the main shopping streets inl but since then there have been sporadic explosions probably within the building and every time that happened it seems that the fire has reignited. so firefighters are still battling, around 100 of them onside, around 1a fire engines and still this retail district in belfast city centre has been sealed off as people have been finishing their work they have been stopping to ta ke their work they have been stopping to take a look and they cannot believe what they're seeing. this was a very well—known building in belfast city centre, to local people. in the past it has been everything from bishops residence to a bank and since 1959 primark upheld it and they have been refurbishing the building just over the last few months. they will of course be extremely disappointed, there's very little of the building and u nfortu nately all little of the building and unfortunately all shoppers and staff had been evacuated and as far as we know, they have been no injuries. —— fortu nately. know, they

had seven hundred million dollars deposited into his personal bank account not yet said that this was money given to him by the saudi royal family this was a donation and because of that he was cleared by malaysian authorities of any wrongdoing florence lawyer live for us in kuala lumpur florence thank you dicks business partner of donald trump's former campaign manager paul manner for has testified that he committed crimes with him gates has admitted he helped metaphor file false tax returns the charges against him in a ford include money laundering and making false statements about lobbying for a pro russia party in ukraine a special counsel robert muller charged him as part of a probe into alleged russian meddling in the two thousand and sixteen election a tightly contested special election for a us house seat in ohio could offer clues to november's national mid-term elections the seat has been held by republicans for decades but democrats think they have a chance to win when the votes are counted on tuesday night and if that happens it would be very bad news for donald trump john hendren reports. the twelfth congressi

seven hundred million dollars deposited into his personal bank account several years ago he said that money was a donation from the saudi royal family. much more to come including. sanctions on iran are a very bracing here in western afghanistan the weakened economy is pushing afghans home in their thousands. rights groups slam bangladesh over its handling of student led protests and the detention of journalists who report. hello there we're still seeing plenty of wet weather across the black sea and the caspian sea we look at the satellite picture we can see a great deal of just a few bits and pieces of gray cloud that's indicating that most of the cloud here is low cloud but it's still going to have some rather violent storms so a few showers during the day on wednesday but i think it's looking wet if the thursday some of us here particularly in the northern parts of turkey are looking at some very heavy rain that could be accompanied by some gusty winds as well for the northern parts of iran there's a risk of a shower here but i think for thursday it should be a bit drier towards the south it's just hot for us now baghdad

pay seven hundred million dollars deposit it into his bank account several years ago he said that money was a personal donation by the saudi royal family. rescue teams in indonesia have yet to make it to some parts of lombok island as the search goes on for survivors from sunday's earthquake at least twenty thousand people have had their homes destroyed or damaged and the destruction of roads and bridges well that's making it difficult for emergency crews to get around magnitude six point nine quake has killed nearly one hundred people but many more feared trapped under rubble so more from. on long island. here at this mosque nobody has been found alive today rescue workers are really really struggling to complaining they don't have the right equipment there's a very few big excavators but very very few most rescue workers are basically doing their work manually trying to pick with their bare hands they actually have left this mosque for the night the rescue operation has been suspended until the morning which basically also shows the pace of this rescue operation going on in lombok right now there's a lot of frustration they al

bank to raise money. on the other hand, you have companies like metrics credit partners who point to the royal commission.e in andon to get business. if you are an australian company, this is a great time. what kind of deals are they trying to get? >> it's a good question. important that the banks are still the biggest players in this market. thee managers don't have same capital requirements. they don't have the same regulatory restrictions. they can come in and give you better terms for private equity. important that they are not trying to take away the banking business. they are not turn to offer you a home loan or a transactional banking product. they are there to talk to corporate's and say here is 100 million dollars. give us our interest payments and pay us back when it is time. craig's thank you so much for that. rossrce secretary wilbur -- thank you so much for that. commerce secretary wilbur ross signaled there is pain ahead for china. both sides keep saying they are willing to talk. neither is backing down. >> no, that's right. ross madeecretary very explicit what has been mostly implied. was q

out that seven hundred million dollars deposited into his personal bank account not just said that money was a donation from the saudi royal family. thank you. venezuela's president says the outgoing leader of colombia was behind an apparent assassination attempt against him to drones were apparently launched towards a public event when nicholas my daughter was speaking the venezuelan government says they were armed with missiles has been its myth that. there were flags posters and t. shirts showing venezuela's president but the man himself was a no show at a pro-government rally in caracas the few hundred supporters are gathered less than forty eight hours after nicolas maduro had been targeted by what the military says were missile laden drones speaking from the presidential palace but dora repeated his accusation that colombia's president was behind the assassination attempt on the son of one the oil santos has said he said the end of his base in the field said by one man with sandals who some member of the killer colombian or leader keith what can you expect moros hosting an outdoor rally for the national guard when ac

bank nbc sports report. >> on the northwest coast of england, just a jewel of a golf course. royalthis weekend playing host to the women's british open. final round coverage is coming right up. hi, everybody. carolyn manno in our nbc sports studios. we'll get you to the course but

bank nbc sports report. >> on the west coast of england sits royal lytham & st. annes golf club. the women's british open. we will have thirdnd

not seven hundred million dollars deposit it into his bank account several years ago he said that money was a personal donation by the saudi royals. rescue teams in indonesia have yet to make it to some parts of lombok island as the search goes on for survivors from sunday's earthquake at least twenty thousand people have had their homes destroyed or damaged and the destruction of roads and bridges means it's proving difficult for emergency crews to get around that magnitude six point nine quake has killed nearly one hundred people and many more are fair trapped under the rubble. we must still be in trauma after three to six months i don't think will be easy to return to normal life we need to do with slowly because we really traumatized we did all sleep what's our plan for the future we don't know there have been some stories though of survival two people have been pulled out of the rubble alive one man was trapped under a mosque that collapsed on sunday he was found after rescue workers used heavy machinery to clear the debris and has the latest from. here at this mosque nobody has been found alive today rescue workers are real

not seven hundred million dollars deposit it into his bank account several years ago he said that money was a personal donation by the saudi royal family. you're watching al jazeera live from london still to come on the program twenty three people many young girls are rescued from a ledge prostitution ring out to india and police raid a privately run children's home. we were writing the story of survival a man blinded in the one thousand nine hundred u.s. embassy bombing in kenya explains how he's learned to move on from tragedy. hello there for many of us in china is pretty hot at the moment these pictures are just from the northwest of shanghai showing people trying to cool down there it seems that everybody needs a rubber ring there it looks like we're going to have more hot weather over the next few days and not a great deal of wet weather across this region has told so force in shanghai should be dry and fine without temperatures up to around thirty five or thirty six degrees there will be a few showers but most of them require a long way towards the southwest meanwhile for the south of course of course the philippines incr

hispanic, in early to mid-20s found wearing this royal blue jacket and also had on dark colored shorts like these. blue socks and shoes. >>> a man robbed a u.s. bank branch in castro. the sf weekly said it happened wednesday at castro's market next to the famed castro theater. we are learning details. they tell the paper a man walked in demanded cash, ran away. didn't show a weapon and no word on a description. >>> two people arrested in venetia in connection with a robbery. 51-year-old susan matheson broke into a middle school last year and police managed to track her down because of a social media tip and the man on the bottom. eric lewis, charged with armed robbery. >>> also, a business owner gets an odd call demanding money. >> so legitimate, he's worried other people could fall for this, and lose a lot of cash. nbc bay area's reporter talked with that man and has a warning. >> reporter: of all the calls the pharmacy received, one had the owner heading straight for the cash register. >> you got to pay your bill and we're going to cut off all your power. no, no. can't do that. >> reporter: they wanted $742, pg&e did. he followed the request. gr