Shares of leading British banks surged on Friday after long-awaited rules limiting their indebtedness proved less draconian than industry executives had feared.
A key pan-European index posted its biggest weekly gain so far this on Friday after the Bank of Japan surprised global financial markets by ramping up its massive stimulus spending.
WPP's founder Sir Martin Sorrell warned yesterday that the Ebola epidemic, the rise of Isis and unrest in Hong Kong are �grinding down� confidence among major advertisers.
... * Oct official PMI dips to 50.8, vs f'cast 51.2, Sept 51.1. * Growth in domestic, export orders cools. * Manufacturers also facing high borrowing costs (Adds more reaction from economists, details).
THE owner of British Airways has stepped up pressure on its European rivals by forecasting it will make bigger than expected profits this year.