LONDON/BRUSSELS The board of brewer SABMiller (SAB.L) will recommend its shareholders approve a sweetened takeover offer by Anheuser-Busch InBev (ABI.
But the week is not yet over. At 10pm tonight, the European Banking Authority will release the results of its annual health check on the state of the Continent's leading lenders.
The expected cut will the be the first change in seven years by the Bank of England. Photograph: Bloomberg/Getty Images. Jill Treanor, Patrick Collinson and Katie Allen.
British Airways-owner International Consolidated Airlines Group (IAG) said strikes, terrorism and sterling's post-Brexit plunge have combined to hurt profits, prompting the airline company to cut its forecasts and plans to grow capacity.
Profits at estate agent Foxtons tumbled 42 per cent in the first half of the year, and it said the drop was due to the decision to quit the European Union denting Londoners' appetite for buying and selling homes.