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Why Europe could lose 1.9 million jobs by 2017

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Large firms in Europe are losing over 130,000 jobs each year in IT, finance and other areas, as jobs are increasingly offshored to cheaper locations, meaning that by 2017, some 1.9 million European jobs will have disappeared, according to new report.

Buffett thanks BofA's CEO for $5.3bn profit

Bank Of America Building

Topics at Warren Buffett's private dinner with Bank of America's Brian Moynihan 'very likely' included his $5bn investment in BofA, whose shares have more than doubled since Buffett's investment in August 2011.