LONDON: State-backed Royal Bank of Scotland (RBS) has set aside �400 million ($640m) to cover potential fines for manipulating currency markets and warned further charges for past misconduct would continue to hit its profits.
BANK stocks led a surge for the FTSE 100 Index after new standards on financial health from the Bank of England were met with relief by lenders.
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.
China's manufacturing slowed further last month, as a property slump and slowdown in investment growth put the world's second-largest economy on course for the slowest full-year growth since 1990.
THE owner of British Airways has stepped up pressure on its European rivals by forecasting it will make bigger than expected profits this year.