Barclays has announced plans to sell a part stake in its African subsidiary through a placing with institutional shareholders that is likely to raise more than �625m for the UK bank.
LONDON/BENGALURU The New York Stock Exchange's owner shelved plans on Wednesday to gatecrash a merger between London Stock Exchange Group Plc (LSE.
The €500 banknote is the largest-denomination note in the single currency area. Photograph: Miguel Medina/AFP/Getty Images. Jon Henley European affairs correspondent.
Retailer Next has warned that full-year profits could take a hit after sales for the first quarter fell 0.9%. Sales at the chain's high street shops plunged 4.7% as it pointed to March and April's cold weather dampening demand for its clothing.
Separate rulings by India's Supreme Court and the European Court of Justice underscore a growing international effort to enforce picture-based warnings about smoking risks.