An office worker looks at the FTSE 100 index, which lost 6.7% during August, its worst performance since May 2012. Photograph: Lauren Hurley/PA.
With market turbulence casting a cloud over the outlook for US monetary policy, a senior Federal Reserve official strove on Friday to keep the option of an interest rate rise alive at September's key meeting.
Inmarsat, the UK satellite operator, launched a spacecraft on Friday that completes global internet coverage for a network it believes will offer customers faster connections at far lower costs than previously possible.
David Cameron and his wife Samantha have a coffee outside the Galleon Beach Cafe following an early morning swim in Polzeath. Photograph: Matt Cardy/Getty Images.
US drug group Baxalta has moved to reaffirm its independence following its dismissal of a $30bn (�19.5bn) takeover bid from Anglo-Irish rival Shire, by trying to buy an oncology specialist.