European bourses ended the day lower as oil stocks came under pressure following a sharp drop in Brent crude prices after Opec and non-Opec members agreed to extend supply cuts by nine months.
The UK housing market appears to be 'moving sideways' mortgage lenders have said, as latest figures show a drop in borrowing.
Petrofac has suspended its chief operating officer and barred all contact between its chief executive and external agents, as a criminal probe into suspected bribery, corruption and money laundering deepens.
The company said Charles Rolls sold the shares due to "significant institutional demand" but its share price dropped on the news.
DUBLIN, May 25 (Reuters) - The European Union's insurance watchdog will publish guidance for national regulators to ensure they do not undercut one another in their attempts to attract firms moving from London due to Brexit, its head of policy said on ...