A model walks on an in-house catwalk at the Asos HQ, in London. Photograph: Suzanne Plunkett/Reuters. Shares in Asos have tumbled by 14%, as the online fashion retailer and former stockmarket high flyer warned that profits growth will stall next year.
Companies that make commitments in a bid to win takeover tussles will be forced to stick to them under new rules being trailed by the Takeover Panel.
The Organisation for Economic Co-operation and Development has scaled back its economic growth forecasts with a warning that bullish financial markets are failing to price in mounting global risks.
Tencent's second-quarter profit jumped 59 percent from a year earlier as it offered more games and shopping to the billion users of its WeChat and QQ messaging applications, according to an exchange filing last month.
Renewable energy is found in abundance in Scotland; nearly half of the country's electricity comes from green sources. But will an independent Scotland struggle to land orders as it faces changes to regulation?