A painting valued at as much as $1.5 million was discovered hanging in an unknowing owner's kitchen in use as a bulletin board.» Read More
Police in London's bustling nightclub and theater district on Friday defused a bomb that could have killed hundreds, after an ambulance crew spotted smoke coming from a Mercedes filled with a lethal mix of gasoline, propane and nails, authorities said.
U.S. Treasury debt rallied on Friday as underlying inflation retreated, but the bond market still posted its worst quarter in over a year.
Police cordoned off part of central London after they defused what they called a "potentially viable explosive device" found in a car.
The London Stock Exchange is to buy its Italian counterpart for 1.6 billion euros ($2.15 billion), the two exchanges confirmed in a statement on Saturday, the latest step in a global nsolidation of exchanges.
Borsa Italiana has backed a 1.6 billion euro ($2.14 billion) takeover by the London Stock Exchange, said a person close to the situation, bringing closer a deal that could boost the LSE's own bid defenses.
U.S. hedge fund Third Point said on Thursday it plans an initial public offering (IPO) in London to raise about 500 million euros ($665.3 million), bringing one of the most aggressive activist investors to Europe.
Whole Foods Market, the world's largest organic and natural foods chain, opens its first store outside North America in London on Wednesday and plans hundreds more in Britain and across Europe.
BAA, the U.K. airports operator, is in talks to sell a half-share in a group of warehouses and offices around Heathrow airport for about £600 million ($1.18 billion), the Times newspaper reported.
The energy market could have a new benchmark oil price when Dubai launches its Middle East sour crude futures contract as an alternative to New York's NYMEX light crude oil futures and London's IPE Brent crude oil.
Bond trader Cantor Fitzgerald is combining its electronic brokerage eSpeed, which has been a takeover target, with its BGC Partners inter-dealer broker into a new publicly listed company in a $1.3 billion deal.
Owners of London-based The Big Bus, which runs hop-on hop-off tourist buses in the British capital, Baltimore and Dubai, sold a 30% stake to a Gulf Arab family, Abu Dhabi's Al Fahim Group said on Tuesday.
The London Stock Exchange Group's annual net profit rose 55% as hedge funds and specialist traders boosted the number of average daily trades, the bourse reported Wednesday.
So I just saw on TV that Gwyneth Paltrow doubled her money on the sale of her Tribeca apartment in Manhattan. $14 mill!! She may not like the U.S. (she moved to London because, she has said, she prefers the European way of life), but she can't trash the NYC real estate market now, can she? Like I've been saying and saying and saying, all real estate is local.