Home improvement retailer Kingfisher is selling a controlling stake in its B&Q China operation as it looks to concentrate on its core European markets.
Senior financiers in London are predicting a 21% boost in bonuses for 2014 despite regulatory crackdowns and a raft of banking industry scandals.
A prominent member of the Bank of England's interest-rate setting committee has predicted a rise in pay for Britons and more permanent jobs being created amid a stronger economic recovery.
LONDON (Reuters) - World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the rouble and more calls for quantitative easing from the ECB helped lift sentiment.
The slump in oil that drove U.S. prices down as much as 50 percent from this year's high is spurring the most bullish bet by hedge funds in four months.