The Chinese conglomerate Dalian Wanda Group is buying the British yacht maker Sunseeker, whose yachts have appeared in several James Bond films, in the latest example of a trend for Chinese companies to acquire top luxury global brands.

European stocks and U.S. index futures were little changed before the outcome of a Federal Reserve meeting that may clarify the outlook for monetary stimulus in the world's biggest economy.

339�p +1�. Questor says BUY. Since Crest Nicholson rejoined the London market in February, shares in the company are up more than 50pc.

Federal Reserve officials both expect and want inflation to be higher than it is. So far, that isn't happening. Consumer price data released Tuesday showed inflation rose a mere 1.4% in May from a year earlier.

LOCAL planners have approved plans to to build up to 277 wind turbines in an area of sea off the Caithness coast more than twice the size of Dundee.