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Bank of America profit slides on weak trading

Bank of America

Bank of America , the No. 2 U.S. bank by assets, reported an 18 percent slide in quarterly profit as concerns about a global economic slowdown and uncertainty about the pace of U.S. interest rate increases dampened bond and stock trading.



PM arrives in Doha, Qatar

David Cameron under fire over ‘paltry’ £50,000 aid to Libya

The government has come under attack over its role in tackling the growing humanitarian crisis in Libya after figures were released showing that the Department for International Development has earmarked just £50,000 in aid for this financial year, despite international calls for an urgent response, to avoid food and medicine stocks running out.