LONDON A 3 percent plunge in the Tokyo stock exchange and falls in European banking shares added to a gloomy global financial mood on Monday, pushing oil prices lower and the dollar to an 18-month low against the yen.
The former owner of BHS has "enormous questions" to answer about his stewardship of the failed retailer, the chairman of an MPs' committee has said.
The controversial billionaire Sports Direct boss is planning to rescue stricken BHS, vowing to save all jobs and stores. Mike Ashley, who also owns Newcastle United football club, is mulling over whether to make a formal offer to administrators.
Waiting staff should receive their tips in full and it should be clearer to customers that gratuities are optional, the business secretary has said.
BEIJING A surge of new loans granted in China over the first quarter does not mean the country is about to embark upon another massive economic stimulus program, the official Xinhua news agency said in a commentary on Monday.