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The volume of share dealing in China Construction Bank soared on Wednesday, fuelling speculation that some buyers of Bank of America’s $7.3bn sell-down had flipped their holdings to pocket huge gains
Chipmaker Intel is fined a record 1.06bn euros ($1.45bn; £948m) by the European Commission for anti-competitive practices.
The Bank of England cut its forecasts for growth and raised its estimate of inflationary expectations as it published its quarterly inflation report
Gordon Brown is set to sign off on the UK’s latest order of Eurofighter Typhoon jets, but is still examining options on how to contain production costs
LONDON (Reuters) - Insurer Legal & General is in talks with unions to make up to 560 staff redundant, a spokesman for the group said Tuesday, marking the latest in a wave of job cuts to hit the financial sector.
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