LONDON Britain's top equity index fell on Tuesday, with banking stocks coming under pressure after regional election results in Spain put euro zone financials on the back foot, and energy shares tracking weaker crude oil prices.
Charter Communications Inc. agreed to buy Time Warner Cable Inc. for about $55 billion in cash and stock, snapping up the cable provider after getting last-minute competition from French billionaire Patrick Drahi.
... * Spanish stocks impacted by govt's defeat in local election. * Ryanair's shares rise after airline's profits surge.
LONDON Greece's financial crisis and signs of growing opposition to austerity in Spain sent the euro to its lowest level in a month on Tuesday, while shares and commodities took a knock as the dollar powered higher.
The International Monetary Fund has declared China's yuan currency to be fairly valued for the first time in more than 10 years.