U.K. retail sales fell more than expected in September when compared with the previous month as unseasonably warm weather hit clothing and shoe sales.» Read More
Ross McEwan's appointment as chief executive of Royal Bank of Scotland marked the latest phase in the return of retail banking to center stage.
Pension schemes for FTSE 100-listed companies failed to benefit from a rising stock market in the past year, leaving them with a gap between assets and liabilities of some £43 billion pounds ($66.09 billion), according to a new report released on Tuesday.
The Italian economy contracted for the eighth consecutive quarter in the second quarter of 2013 but shrank less than analysts expected, offering hope that the country is slowly emerging from recession.
August is traditionally the month of financial crises. Or indeed just crises. Whether it's the latest euro zone aggro or Saddam Hussein's invasion of Kuwait, things seem to heat up in August and markets head south.
The Swiss franc, a currency that has provided refuge for investors during the euro zone debt crisis, may be the next safe haven to fall, according to a report from Societe Generale.
Credit Agricole reported a more than twelve fold gain in quarterly profit on Tuesday from a year-ago period, depressed by Greece and Italy-related provisions.
HSBC, one of the world's largest banks, suffered a hit to its share price on Monday morning after posting disappointing results.
After it was announced Jane Austen would replace Charles Darwin on the £10, a countercampaign of online harassment has caused Twitter to tighten its global policy on reporting abuse.
French oil major Total plans to move its corporate treasury department to London to get closer to analysts and raise its profile with investors, a spokesman said.
The news that euro zone business expanded for the first time in 18 months in July has led analysts to question whether Europe's economy is finally on the up.
Britain's dominant services sector grew at its fastest pace in more than six years last month, suggesting a nascent economic recovery is rapidly building steam.
Euro zone business expanded for the first time in 18 months in July, albeit very slightly, suggesting the economy is slowly starting to stabilize.
António Horta-Osório, CEO of Lloyds Banking Group, said he aims to start paying out up to 70 percent of the bank's earnings in dividends within three years.
Thousands of supporters of Silvio Berlusconi protested in Rome against a tax fraud conviction, but the center-right leader said the government must continue.
British telecoms provider Vodafone is suing Telecom Italia for abusing its dominant position in Italy, seeking damages of more than 1 billion euros ($1.3 billion).
The introduction of Five Guys and Shake Shack in London last month is part of a growing trend of American culture seeping into British food and drink.
As markets digest monetary policy statements from three of the world's major central banks within 24 hours, two of the institutions have been hit with accusations of causing confusion and lacking transparency by economists.
ShaNew Zealander Ross McEwan was confirmed as boss of Royal Bank of Scotland on Friday, tasked with laying the foundations for Britain to start selling its 81 percent stake in the bank.
Britons are feeling more upbeat about their job prospects than they have for five years, according to new research, which follows a raft of positive economic data.
Although Italy's Silvio Berlusconi is still safe in public office while a review of what would effectively be political exile takes place, his conviction for tax fraud is an "extremely destabilizing development" with significant implications for Italy's fragile coalition government, analysts said.
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Andrew Wilson, CEO of Goldman Sachs Asset Management International, says that "calm" has returned to asset markets and adds that central bank policy will continue to be easy.
Annika Falkengren, CEO of SEB, says there is an "exceptional economic climate" in Europe and calls for caution.
Matthew Kupfer, reporter at CBC News, says Canadians are trying to process the events of the shooting in Ottawa.