Construction output fell 4.3% in August, its sharpest drop since late 2012, the Office for National Statistics (ONS) has said. In the three months to August, output fell by 0.8%, the biggest such decline since March 2013.
Glencore's unexpected decision to slash zinc output by a third sparked a broad-based rally in metal prices and mining shares, helping commodities to the biggest weekly gain since 2012.
Bill Gross turned to the courts this week to hit back at the colleagues who last year pushed him out of Pimco, the investment management house that he had founded and led to international prominence.
The UK government has decided to convert part of its stake in Royal Bank of Scotland from non-voting B shares into ordinary shares to make them easier to sell, part of its push to privatise the state-backed banks.
LIMA, Peru (AP) - The last time the IMF held its annual meetings in Latin America, Ernesto "Che" Guevara was trying to spread Cuba's revolution throughout the hemisphere and much of the region was under the thumb of repressive dictatorships.