Shares of leading British banks surged on Friday after long-awaited rules limiting their indebtedness proved less draconian than industry executives had feared.
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.
The yen tumbled to its weakest level in almost seven years after the Bank of Japan unexpectedly boosted monetary stimulus, underscoring the widening gulf in monetary policy with the Federal Reserve.
BEIJING, Nov 1 (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.