Shares of leading British banks surged on Friday after long-awaited rules limiting their indebtedness proved less draconian than industry executives had feared.
WPP's founder Sir Martin Sorrell warned yesterday that the Ebola epidemic, the rise of Isis and unrest in Hong Kong are �grinding down� confidence among major advertisers.
Pedestrians walk past an electronic stock board displaying the figure of the Nikkei 225 Stock Average, top, and the exchange rate of the yen against the US dollar, outside a securities firm in Tokyo.
BEIJING (Reuters) - China's factory activity unexpectedly fell to a five-month low in October as firms fought slowing orders and rising costs in the cooling economy, reinforcing views that the country's growth outlook is hazy at best.
THE owner of British Airways has stepped up pressure on its European rivals by forecasting it will make bigger than expected profits this year.