LONDON (Reuters) - Aviva shares fell almost 4 percent and Friends Life jumped 7 percent on Monday following news of their possible 5.6 billion pound merger, seen as providing a good fit in the life and pensions insurance sector.
The Bank of England has announced that big-four auditor Deloitte will conduct the review into the glitch that saw UK payment systems go down for 10 hours last month.
The Russian economy could plunge into a fresh recession, Anton Siluanov, the country's finance minister, has warned. "We are losing around $40bn [�26bn] per year due to geopolitical sanctions and we are losing some $90bn [�58bn] to $100bn [�64bn] per ...
Shares in the UK medical device manufacturer surged nearly 10 per cent on Monday on a Bloomberg report that the US surgical implant maker Stryker was considering an offer.
The tumbling price of oil sparked a profit warning at oil services firm Petrofac today wiping a quarter off the company's value.