News Headlines - 28 July 2016

▽Obama hugs Clinton - CNNPolitics.com

President Barack Obama on Wednesday handed his legacy to Hillary Clinton, setting her up for the speech of her life with a powerful endorsement and the enduring image of a warm embrace.

▽UK sells 50-year index-linked bond via syndication at record-low real yield | Reuters

The UK Debt Management Office said it would issue 2.5 billion pounds ($3.28 billion) of 2065 index-linked bonds at a real yield of -1.3245 percent on Tuesday, the lowest-ever inflation-adjusted return for a bond sold via a syndication.

▽Lloyds cuts a further 3,000 jobs and doubles branch closure plan - BBC News

Lloyds has accelerated its job-cutting scheme, axing a further 3,000 roles, even as it reported a 101% increase in pre-tax profits.
It has also doubled its planned branch closures, with 200 more set to vanish from High Streets by the end of 2017.

▽Sony says to sell battery business to Murata Manufacturing | Reuters

Sony Corp said on Thursday it has agreed to sell a portion of its battery business to Murata Manufacturing Co Ltd, as the electronics giant responds to slowing demand for smartphones.

▽Pokémon Go players urged not to venture into Fukushima disaster zone | The Guardian

Japan is asking for the Fukushima nuclear exclusion zone to be classified as a no-go area for Pokémon after the discovery of at least one of the game’s characters on a power station’s site.