The world's two largest beermakers have struck a deal to combine, accelerating the pace of frenzied corporate dealmaking with what will rank as the third-biggest takeover in history.
U.S. banker James Staley is likely to land at Barclays BCS 0.13 % PLC with a delicate balancing act to pull off: fine-tune its investment bank while squeezing profits out of the retail arm.
Mining shares pulled the FTSE 100 lower, while Royal Mail shares dropped after the government sold its remaining stake in the company.
Payments processing firm Worldpay has listed on the London Stock Exchange in a sale raising more than �2bn. The company's flotation is the largest on the London market so far this year.
Twitter has said it is cutting 336 jobs, roughly 8% of its global workforce, as part of a restructuring of the business. The job cuts will cost between $10m (�6.5m) and $20m in severance pay, while the restructuring will cost between $5m and $15m, the ...