The IPO is targeting to raise between $7 billion and $10 billion

State-owned Chinese bank files for IPO

12.54 State-owned Postal Savings Bank of China, the country's largest bank by number of branches, has filed for a Hong Kong IPO seeking to raise up to $10 billion, according to International Financial Review reports.

Tullow Oil cuts its 2016 west Africa oil production forecast by around 12,000 barrels a day

Tullow cuts west Africa production outlook

12.53 Oil exploration firm Tullow Oil has cut its 2016 west Africa oil production forecast by around 12,000 barrels per day (bpd) due to the temporary shutdown of its Jubilee field offshore Ghana following a technical issue.

The number of people registered as unemployed in Germany declined by 6,000 to 2.69 milion in May

German jobless remains at record low

11.33 Unemployment in Germany remained at its lowest level since East and West Germany reunited after the fall of the Berlin Wall, as Europe's top economy remains robust.

Morning business news with Brian Finn

Morning business news - June 30

11.40 Four out of five banks here are leaving their customers' accounts at risk of a fraud known as a 'SIM swap', a study carried out by the mobile data security company MoQom shows.

A look at some of today's business stories in the newspapers

Today in the press

11.29 The Debenhams stores for which the British-owned retailer wants court approval to repudiate its leases include Limerick, Waterford and at the Square shopping centre in Tallaght.

Jean-Claude Juncker welcomed Nicola Sturgeon to Brussels

'If the UK leaves, Scotland leaves' - Spanish PM

29 Jun Scottish First Minister Nicola Sturgeon has said she was given a "sympathetic" hearing in Brussels when making her case for finding a way to keep Scotland in the European Union after Britain voted to leave the bloc last week.

Britain's shock vote last week to leave the EU has sparked fears for its role as Europe's financial capital

Hollande says London may lose euro clearing houses

29 Jun Britain's City of London financial district would have to give up its role in processing euro currency transactions after it leaves the European Union, French President Francois Hollande has warned.