LONDON, Nov 26 (Reuters) - Brent crude oil dropped towards $77 per barrel on Wednesday after Iran signalled OPEC was unlikely to push for a major change in oil output despite a collapse in prices.
Royal Mail says it slashed growth forecasts for its parcels business after the online retailer Amazon began developing its own delivery operations.
The European Commission proposed a 315 billion-euro ($394 billion) investment plan based on guarantees and a small amount of seed money in order to offer European Investment Bank funds to a wider range of projects.
The voting firm's advice raises the prospect of a massive revolt over a �12m share award for Helge Lund, Sky News learns. 12:45, UK, Wednesday 26 November 2014.
LONDON (Reuters) - FTSE rose on Wednesday, boosted by a rebound in miners and strength in telecoms, although travel stocks were hit by a slump in mid-cap peer Thomas Cook.