Scandal-hit Sports Direct has splashed out $51.1m (�40m) on the acquisition of a corporate jet despite reporting its profits halved.
The European Central Bank has vowed to continue with its programme of electronic money printing to shore up the eurozone recovery but surprised financial markets by reducing the amount of stimulus it expects to provide each month.
LONDON, Dec 8 (Reuters) - Britain's National Grid has sold a majority stake in its gas network in a 5.4 billion pound ($7 billion) deal which could test Prime Minister Theresa May's pledge to vet infrastructure sales to foreign buyers.
House prices picked up pace in November and will keep rising in the months ahead, but a slowdown in activity next year will hurt the economy, according to the Royal Institution of Chartered Surveyors (Rics).
Qatar has teamed up with commodities group Glencore to buy a 19.5% stake in Russian oil giant Rosneft for 10.5 billion euros ($11.3 billion).