Updates from Vedanta and Barclays

The FTSE 100 lost 19.6 points yesterday, slipping to 6,731. Sainsbury's was the biggest loser, down 1.93% to 371p with M&S right behind, down 1.67% to 442.7p. Anglo American, going the other way, was the index's biggest riser, up +2.21% to 1338.5p.

The Dow Jones drifted slightly higher, up 0.16% to 16,504.2.

We start with news that FTSE 100 miner Vedanta has resumed iron ore operations in India. Vedanta had received clearance from a court-appointed panel in Karnataka, a state in the south west of the country. Iron ore production in the region is expected to climb significantly.

However the mining ban in Goa, where UK-listed Vedanta had also majored in iron ore output, has yet to be lifted. The FT thinks the end of the Karnataka ban could lift annual earnings by $700m.

The news will be some relief for investors; shares climbed more than 3.5% yesterday for the company; the original Karnataka ban came into force two years ago.

Next, Canadian aerospace player Bombardier says it has sold 10 of its Challenger jets for $259m. It's unclear who the buyer is; it's the second major order for the company within a week (the previous order was worth more than $280m).

Further ahead, Bombardier's C Series program is hoped to make as much as $8bn in annual revenues for the company. Montreal-based Bombardier is likely to be cautious on sales to avoid launch discounting, stuck with selling the new planes at lower margins.

Lastly, Barclays boss Antony Jenkins has told the BBC that it could take a decade to trust his bank, implicated in several banking scandals, again. "In my view it will takes several years - probably five to ten - to rebuilt trust in Barclays," he told the Today Programme.

Jenkins, guest-editing the program, is the ex boss of the retail banking arm of the Group. He told the BBC earlier this morning the emphasis had to be on the long term.

"If you want a different sort of organisational performance, a more ethical business, you're going to have to change culture. Culture takes time to change and it comes back to leadership."