Manchester City's parent company have announced a deal which will see a consortium of Chinese institutional investors take a stake of just over 13 per cent in the group.
The Davies Commission, appointed by the government, recommended a third runway at Heathrow as the preferred option for airport expansion in July.
VIENNA—Saudi Arabia's oil minister Ali al-Naimi, under pressure to take action to prop up crude prices at this week's OPEC meeting, took a conciliatory tone on Tuesday, saying the kingdom would have a discussion about the group's next step.
After a surprise jump in October, activity in the UK's manufacturing sector fell in November. The Markit/CIPS survey of purchasing managers dropped to 52.7, reversing most of the gains that saw the index hit a 16-month high of 55.2 in October.
The cuts at Morgan Stanley's 'lousy' fixed-income unit could spark job cuts of between 1,500 and 2,500 workers and savings of about $500 million, or about 20 cents to 25 cents a share.