Nearly �115billion has been wiped off the value of Britain's leading companies since the start of August in the worst month for savers for more than three years.
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.
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.
The U.S. oil-rig count ticked up by one in the latest week to 675, marking the sixth consecutive week of increases, according to Baker Hughes Inc. BHI 1.80 %. The number of U.S.