The FTSE 250, the index made up of companies heavily reliant on the state of the UK economy, is within touching distance of erasing its steep losses suffered in the wake of Britain's shock decision to leave the EU.
LONDON Standard Chartered (STAN.L) has named former deputy governor of the Bank of Spain Jose Vinals as its new chairman, ending a 16-month search for a new leader to oversee a sweeping turnaround plan being undertaken by its new CEO.
Britain's economy expanded at a good pace in the three months leading up to the EU referendum, according to data on Wednesday.
Due to come online in 2018, Flamanville will be the biggest nuclear reactor in the world. Photograph: Kenzo Tribouillard/AFP/Getty Images.
An activist hedge fund that has been agitating for a higher takeover offer for SABMiller has lifted its stake in the FTSE 100 company, in an apparent signal it believes the brewer's blockbuster deal with Anheuser-Busch InBev will not collapse.