LONDON: State-backed Royal Bank of Scotland (RBS) has set aside �400 million ($640m) to cover potential fines for manipulating currency markets and warned further charges for past misconduct would continue to hit its profits.
BANK stocks led a surge for the FTSE 100 Index after new standards on financial health from the Bank of England were met with relief by lenders.
WPP's founder Sir Martin Sorrell warned yesterday that the Ebola epidemic, the rise of Isis and unrest in Hong Kong are �grinding down� confidence among major advertisers.
BEIJING (Reuters) - China's factory activity unexpectedly fell to a five-month low in October as firms fought slowing orders and rising costs in the cooling economy, reinforcing views that the country's growth outlook is hazy at best.
THE owner of British Airways has stepped up pressure on its European rivals by forecasting it will make bigger than expected profits this year.