Billionaire George Soros has told the BBC that the European Union may not survive its "long-lasting stagnation". He says that Germany is responsible for many of Europe's problems because it has not taken on a leadership role.
Security giant G4S has slumped to a �170 million pre-tax loss as it took a major hit from the cost of settling a scandal in which it overcharged taxpayers for the electronic tagging of offenders.
The Bank of England's oversight committee has appointed Lord Grabiner QC to lead its independent investigation into the growing foreign exchange manipulation scandal.
LONDON (MarketWatch) - The Organization of the Petroleum Exporting Countries boosted its closely watched forecast for oil demand growth for the second month in a row Wednesday, despite continuing to warn of possible emerging market headwinds.
Efforts by Chinese banks to tighten up on a popular channel for relatively cheap loans has put pressure on international commodity prices and raises further concerns about China's markets following the country's first bond default.