A general view of a meeting of oil ministers of the Organization of the Petroleum Exporting countries, OPEC, at their headquarters in Vienna, Austria in June.
European Commission President Juncker prepares to address the European Parliament in Strasbourg on Wednesday. Photograph: Vincent Kessler/Reuters.
The boss of Royal Mail has been accused of "scaremongering" by the business secretary, after telling MPs that there is a threat to the universal service.
BG Group's record pay proposal for new boss Helge Lund puts investors in a bind and may fuel arguments for caps on executive compensation, said the Institute of Directors, the U.K.
LONDON (Reuters) - FTSE closed flat on Wednesday, erasing early gains, with weaker travel and leisure stocks offsetting a rebound in miners and strength in telecoms.