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U.S. markets news

India cenbank chief says may withdraw more funds via bond sales
MUMBAI Aug 4 Reserve Bank of India Governor Raghuram Rajan said the central bank could continue to withdraw liquidity via open market operation bond sales, while saying any hike in foreign debt limits would only come after the U.S.
Rajan links more easing to lower bank rates, monsoon, inflation  IBNLive
Rupee gains ground as RBI maintains status quo  Livemint  
Puerto Rico just defaulted on its $72 billion debt pile
Fight with bondholders looms as the U.S. commonwealth notches biggest public-sector credit event since Detroit's filing for bankruptcy.
Puerto Rico Defaults On Debt Repayment  USA TODAY
Puerto Rico defaults on debt repayment for first time ever  Irish Independent
Futures lower, Greek stocks suffer second day of losses
A man takes a snapshot of a stock index in the lobby of the Athens Stock Exchange in Athens on August 3, 2015. Greece's stock exchange reopened August 3 with a drop of more than 22% after a five-week shutdown imposed by the country's debt crisis and ...
Greek banking stocks plunge again as debt crisis dominates  Reuters
Greek stock markets slide for second day
Airlines ban hunters' big-game 'trophies' after uproar over Cecil the lion
Three U.S. airlines have announced they will no longer allow hunters to bring their big-game trophies on flights amid the recent uproar over an American who killed a well-known lion in Zimbabwe .
Delta Air Lines bans freight shipments of lion hunting trophies  Washington Post
After Cecil outcry, major US airlines end trophy hunter shipments  Reuters
Trader gets 14-year jail in Libor rigging case
LONDON: A trader who worked for UBS and Citigroup was jailed on Monday for 14 years by a London court after becoming the first person to be found guilty by a jury of rigging the benchmark Libor inter-bank lending rate.
Libor Dreams End in Prison Term as Tom Hayes Loses Last Gamble  Bloomberg
Trader jailed over Libor rates scandal  Belfast Telegraph
Toyota's Quarterly Profit Up 10 Pct on Cheap Yen, Cost Cuts
TOKYO - Toyota's profit for April-June rose 10 percent on perks from a cheap yen and cost reduction efforts that offset lower vehicle sales.
Toyota Motor Q1 net profit jumps 10 pct, beats estimates  Reuters
Quarterly profit up by 10% to $5.2 bn, lifts sales forecast :Toyota  Hindustan Times
Wall Street on edge after oil rout, tech in focus
U.S. stock index futures pointed to a lower open on Tuesday following a sharp 5 percent drop in oil prices seen overnight, as investors gear up for employment data later due later in the week.
Global Stocks Mixed Amid Commodities Slump  Wall Street Journal
Oil Trades Near $50 as Glut Seen Persisting Amid Slowing Demand  Bloomberg
UK starts RBS sell-off with $3.3 billion stake sale
Britain has sold a 2.1 billion pound ($3.3 billion) stake in Royal Bank of Scotland (RBS) to kick off the disposal of its holding seven years after bailing out the bank, sparking a political row that the sale at a loss was being hurried.
RBS: Firesale of the century?  BBC News
UK Ropes In RBS Selloff Advisers for �1 Fee  Wall Street Journal (blog)
TAKE A LOOK-Asia c.banks: India, Australia keep rates on hold
India's central bank policy kept its policy rate on hold at 7.25 percent on Tuesday, as widely expected, while leaving the door open to ease further depending on the inflation outlook and how swiftly banks lower their lending rates.
Aussie Surges 1% After RBA Omits Reference to Further Declines  Bloomberg
Why the RBA might not have finished cutting quite yet  The Australian Financial Review
German car makers buy map service from Nokia
FRANKFURT - German car makers BMW, Audi and Mercedes will pay about €2.5bn to buy Nokia's maps business, beating out hi-tech rivals for location services seen as key to the future of self-driving cars.
Digits  Wall Street Journal
German car makers to buy Nokia map service  Sky News Australia