UK retailers are embarking on the Black Friday shopping phenomenon with analysts predicting record sales. Consultants Experian and online retail group IMRG are forecasting online purchases will hit �1.07bn, the first time they have passed �1bn in one day.
Barclays Bank has been fined �72m for failing to conduct proper anti-crime checks on a group of super-wealthy Gulf clients because it did not want to “inconvenience” them.
BEIJING Profits earned by Chinese industrial companies fell 4.6 percent in October from a year earlier, data from the statistics bureau showed on Friday, declining for the fifth consecutive month.
TOKYO/SINGAPORE Asian shares fell and the dollar held near an 8-1/2-month peak on Friday, while the euro hovered around seven-month lows on expectations of additional stimulus from the European Central Bank next week.
Slater & Gordon's share price has collapsed again, taking the amount wiped off the company's value this week to $700 million, as analysts warn future earnings are set to be cut in half from 2017.