Speculation is growing that Pfizer, the maker of Viagra, is preparing to raise its takeover offer for AstraZeneca, Britain's second-largest drugmaker, to more than £63bn.
Britain's booming housing market could be heading for a fresh crash, the Bank of England said in its toughest warning yet about the dangers of the return of rapidly rising property prices.
Disagreement at senior levels.
In a rare example of a major automaker making a smooth transition from one CEO to another, Ford Motor has tabbed COO Mark Fields to succeed Alan Mulally.
Less than 5% of unauthorized financial trading cases may have been reported, said Toshihide Iguchi, whose trading losses led to the 1995 shutdown of Daiwa Bank Holdings' U.S. operations.
The Financial Conduct Authority (FCA) has banned John Christopher Hughes from performing any function in relation to any regulated activity in the financial services industry for failings related to $2.3bn unauthorised trading losses by another trader Kweku Mawuli Adoboli.
Fund manager Schroders said its assets under management rose to a record $452.5bn in the first quarter of 2014 after it took in new money across a range of products.
Amazon is offering its rapidly growing army of low-paid staff up to £8,000 towards tuition fees if they want to go on to take further education courses.
Euro zone inflation picked up in April, but remained below expectations, maintaining pressure on the European Central Bank (ECB) to stimulate the economy.
Barclays’ head of European wealth management, Francesco Grosoli, will take over some responsibilities of Didier Von Daeniken, who previously ran the business in Asia-Pacific, Middle East and Africa, a person with knowledge of the matter said.
A U.S. judge has given preliminary approval to a $110m settlement to resolve an investor lawsuit against Credit Suisse over toxic mortgage-backed securities issued before the 2008 financial crisis.
When a Ford Fiesta collided with a double-decker party bus packed with revellers on a roundabout in Crewe it could have been a very nasty accident. Luckily the Fiesta was travelling at less than 10mph and there was just a small split in the car’s bumper and a £70 bill to fix the bus.