LONDON�BT Group PLC Wednesday said Chief Executive Ian Livingston will step down in September to take up a position in government and named Gavin Patterson as his successor, a change of leadership at a pivotal time for the U.K.

My bet is that at 2 p.m. today, markets will learn that they have misread the Fed. Over the past few weeks, they've focused obsessively on the likelihood that the Federal Reserve will soon reduce, or "taper," the rate at which it has been injecting money into the ...

Bank of England governor Sir Mervyn King was outvoted again at his final meeting of the Bank's rate-setting committee, minutes show.

BEIJING�A year after targeting U.S. movie theaters, a Chinese property magnate is sketching out global plans for a new focus: Chinese tourists.

Union chiefs today said 96 per cent of delivery, sorting staff and Posties "opposed the privatisation of Royal Mail" in the first poll of workers on the Government's plans.