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May's office plays down pre-referendum remarks to Goldman Sachs

LONDON Prime Minister Theresa May's office played down the significance of comments she made before the referendum warning that companies would leave Britain if the country backed Brexit, after the Guardian newspaper published a recording of a private meeting she held with Goldman Sachs.

Islamic State holds up Iraqi army south of Mosul

QAYYARA/BAGHDAD, Iraq Islamic State fighters on Wednesday kept up their fierce defence of the southern approaches to Mosul which has held up Iraqi troops on the southern front and forced an elite army unit east of the city to put its more rapid advance on hold.

Iraqi troop advance puts civilians on Mosul frontline

HASSAN SHAM, Iraq White flags flying from their radio antennas, the pickup trucks laden with refugees and a few precious livestock snaked out of Tub Zawa after a day of heavy bombardment drove Islamic State fighters from the village on Mosul's eastern edge.

FCA seeks to redefine its mission

LONDON Britain's financial markets watchdog launched a public consultation on Wednesday asking how far it should go in seeking to protect consumers from market risks in resetting its "mission" and drawing a line under a "very sorry history" of mis-selling scandals that have cost banks billions of pounds.

Lloyds confounds Brexit fears with steady performance

LONDON Lloyds Banking Group defied expectations on Wednesday of a squeeze on earnings after Britain's surprise vote to quit the European Union by reporting third-quarter profits largely unchanged from a year earlier.

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