Richard Woolnough, who manages M&G's �16bn Optimal Income fund, last year Richard Woolnough, who manages M&G's �16bn Optimal Income fund, last year scooped �17.5m from insurance giant Prudential.
Four people have been killed and at least 16 injured in a massive oil rig blaze in the Gulf of Mexico. A ball of flame engulfed the rig, forcing workers to jump into the sea.
Hewlett-Packard is in talks with Deloitte over a potential settlement with the Big Four auditor concerning its role in the disastrous takeover of the British software company Autonomy.
The European Central Bank approved an increase in the emergency funds available to Greek lenders that was smaller than the amount granted last week, two people familiar with the decision said.
The owner of Cadbury has been charged with manipulating wheat markets. The Commodity Futures Trading Commission accused Kraft Foods and Mondelez Global of earning more than $5m by making a false attempt to buy $90m-worth of wheat futures.