By Ryan Vlastelica. NEW YORK | Thu May 23, 2013 4:43pm BST. NEW YORK (Reuters) - Stock markets worldwide fell sharply on Thursday as surprisingly weak data from China and Europe raised worries about slow growth a day after U.S.

The group's total pre-tax loss fell to �21.5m in the year to March 30, from �102.9m a year ago when it was hit by a �55m impairment charge related to its acquisition of the Early Learning Centre.

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.

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.

Thursday 17.00 BST. Global equities and the dollar suffered significant losses as the markets followed through on the uncertainty about US monetary policy sparked in the previous session by Ben Bernanke, chairman of the Federal Reserve, and the minutes ...

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 ...

SABMiller, the world's number two brewer, lifted group revenues 7 per cent to $34.5bn in the year to March 31, despite an outburst of social unrest in Colombia that prompted the government to curb trading hours in bars.

BRUSSELS--The European Commission has decided not to impose tough new capital requirements on pension funds, a move that could save defined benefit schemes hundreds of billions of euros.

The benefits of UK investment in renewable power that will add �100 a year to household energy bills are in jeopardy and should be bolstered with an approach that would add a further �20, the government's climate watchdog has said.

Most children's financial habits are formed by the age of seven, it was claimed today by the government-backed Money Advice Service (MAS), as it urged parents not to "underestimate the effect their own good (and bad) money habits will have on their ...