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Thursday Papers: ICBC plans to raise $6.6bn in rights issue - other news
Three former executives of units of GE Capital charged with fraud
Markets
* The International Monetary Fund has warned China to be vigilant over bad loans as its economy begins to slow.
* BP has admitted that trading in its shares is under investigation in the US, as it sought to draw a line under the oil spill by unveiling a $17bn second-quarter net loss and a new chief executive.
* There was no urgent need for the austerity measures announced in the Government's "emergency Budget" in June, a respected research institute said.
The Guardian
* US bailouts prevented 1930s-style Great Depression say economists; new study by economists Mark Zandi and Alan Blinder says US economic stimulus averted a worse downturn.
* Vedanta comes under fire for plans to build mine on 'sacred' land in India.
* UK house insurance premiums to rise dramatically as climate change increases flood risk; Association of British Insurers warns some areas of Britain will become uninsurable.
* Metro Bank opens in London.
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- The Expert View: Marks & Spencer, Man Group and WH Smith
- Wednesday Papers: Morgan Stanley subpoenaed over Facebook IPO
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- Citywire Top Stocks Daily News Digest
- Market blog: FTSE gains momentum to break 5,400
- Wonga rapped for accusing customers of fraud
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