Waitrose's decision to hand out free coffee and newspapers to loyalty card holders will see profits fall at the supermarket, its directors have warned.
Royal Bank of Scotland has cut lending to Russian customers in response to the growing crisis in the Ukraine. The European Union on Thursday imposed sanctions on five state-backed Russian banks, including the country's biggest lender Sberbank.
LONDON: For the first time ever, Britain has decided to give away the money raised through imposing a fine on a bank for dubious activities to charity.
Two gauges of manufacturing activity in China picked up in July, indicating economic growth is recovering. The WSJ's Yun-Hee Kim speaks with Beijing reporter Richard Silk about what this means for the country in the short term.
Online betting trebled compared with the 2010 event, with 60 per cent of wagers made via mobile devices. The group said the most bet-on match was the final, with a million wagers and �10m staked, as Germany beat Argentina.