Breaking News
Exclusive: Santander to cut headcount at corporate HQ and at Spanish unit
Spanish lender Santander will carry out a reorganisation of its operations in its home country with a view to increasing its digital footprint, simplifying its internal processes and avoiding undesirable overlaps between different units.
Fidessa shares jump on takeover chatter
Software and services firm Fidessa rallied on Thursday, with traders pointing to talk in FT Alphaville of a US private equity bid for the London-listed firm.
Caution in raising interest rates is especially warranted, Fed´s Yellen says
Caution in raising interest rates is especially warranted, Federal Reserve chair Janet Yellen told an audience on Tuesday.
Valeant Pharmaceuticals chief to step down, shares bounce
Shares in beleaguered drugs giant Valeant Pharmaceuticals were halted after the company announced its chief J. Michael Pearson would be stepping down after an internal committee found the company had misstated its financial statements for 2014 and the first three months of 2015.
South Africa's central bank unexpectedly hikes rates
South Africa’s central bank unexpectedly tightened its monetary policy on Thursday.
Bank of England votes unanimously to keep interest rates unchanged
The Bank of England voted unanimously to keep interest rates unchanged on Thursday, a move that was expected by analysts.
US Federal Reserve stays put on rates, but monitoring inflation closely
Rate setters in the US chose to keep interest rates unchanged, referencing continuing risks from global economic and financial developments albeit with a small caveat, they would be closely monitoring inflation developments.
Britain set to have a surplus of £10.4bn in 2019-20, Osborne says in Budget
Britain is on course to achieve a surplus of £10. 4bn by 2019-20, Chancellor George Osborne said on Wednesday as he delivered the UK Budget 2016.
UK Budget: Summary of main taxation measures
Here are the main taxation measures in the UK government's 2016 Budget:.
UK Budget: Fuel, beer duties frozen; Cigarettes up 2%
UK excise duties on fuel and beer were frozen in the annual Budget by Finance Minister George Osborne on Wednesday.
UK Budget: Govt commissions high speed rail link between Leeds-Manchester
UK Finance Minister George Osborne confirmed the government would commission a high speed rail link between the northern cities of Manchester and Leeds, as part of an initial commitment of to £300m for major transport projects. in Wednesday's annual Budget.
UK Budget: Corporation tax to fall to 17% by 2020
Corporation tax will fall to 17% by 2020, Finance Minister George Osborne said on Wednesday.
UK Budget: Osborne says 'Brexit' will harm economy
The British economy would be harmed if voters chose to leave the EU in the referendum on June 23, Finance Minister George Osborne told parliament in his Budget speech on Wednesday.
UK Budget: GDP growth forecasts revised down
Britain's GDP growth forecasts were revised downwards on Wednesday as Finance Minister George Osborne warned of "materially weaker" global growth.
Putin orders start of withdrawal of bulk of Russian troops from Syria
Russian president Vladimir Putin on Monday ordered the withdrawal of the bulk of the country's armed forces who were present in Syria.
ECB surprises by slashing interest rates 5bps, increasing QE by €20bn
The European Central Bank took more action than expected on Thursday to address prolonged low inflation and the global economic slowdown.
Chinese exports shrink rapidly in February, but economists optimistic
China's trade surplus shrank far more quickly in February than markets had anticipated, but some economists cautioned the data was still subject to distortions linked to the Chinese New Year, even as they pointed out signs of underlying strength.
China's foreign exchange reserves were little changed in February
The Chinese government's stash of foreign reserves was little changed last month, leading one think-tank to the conclusion that Beijing's policies of tighter capital controls and communicating better that it was not its intention to devalue the currency were bearing some fruit.
Brazil's Lula detained by police for questioning, stocks jump
Brazil’s previous president Luiz Inacio Lula da Silva was detained on Wednesday as part of a police probe into a widening corruption scandal with state-owned oil major Petrobras at its centre.
Brexit would not benefit UK economy, City currency analysts agree
Not one single forex strategist believed Britain voting to leave the European Union in the 23 June referendum would benefit the UK economy, according to a new poll.