Thu May 23, 2013 9:10am EDT. By Marc Jones. LONDON May 23 (Reuters) - A senior U.S. central banker sought to give reassurance on Thursday that the Fed is in no hurry to start winding down its economic stimulus after comments by chairman Ben ...

The boss of Flybe has hit out at "punitive" charges and taxes that have pushed the troubled regional airline to end flights in and out of London from next March.

Cutting the number of its high street stores helped Mothercare narrow losses in its UK division as the retailer attempted to yank its struggling home market into profitability by 2015.

The updated figures from the Office for National Statistics showed that the UK's dominant services sector, which accounts for three quarters of national output, drove the recovery - growing 0.6pc over the three months.

Shares in Japan rarely fall by more than 7% in a single day. There have only been a handful of occasions when declines have been seen equivalent to that overnight in Tokyo - the last of them following the tsunami two years ago.

Thursday 14.30 BST. Global stocks are in sharp retreat, led by a savage plunge in Tokyo, as traders are spooked by the prospect of reduced central bank support and a slowing Chinese economy.

The new regulator said the unit was unable to show it was giving clients the right advice. "Although no detriment to customers has been identified to date, the failings exposed customers to the risk that they would be given incorrect advice and inappropriate ...

The Chinese PMI Index by HSBC fell to 49.6 indicating an economic contraction for the first time since October. According to the flash index, the main cause behind the under 50 index, was the fall of exports, as new orders dropped to 49.5.

By Philip Blenkinsop. BRUSSELS | Thu May 23, 2013 11:22am BST. BRUSSELS (Reuters) - SABMiller (SAB.L), the world's second-biggest brewer, forecast margin expansion in the year ahead after profit grew in line with expectations thanks to a surge in ...

By Neil Maidment. LONDON | Thu May 23, 2013 7:19am EDT. LONDON (Reuters) - Cycles-to-car-parts retailer Halfords (HFD.L) has cut its dividend by a third to help fund a multi-million pound investment program, warning this would keep earnings below last ...