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Rabobank traders convicted of rate rigging

Gavel Jason Morrison

A New York jury convicted two ex-Rabobank Groep traders of rigging a key financial benchmark in the first such trial since the government pledged in September to hold bankers accountable for wrongdoing.

UK house prices up 10%, 'shed' sells for $1.4M

London Terraces

A pre-fabricated bungalow in south London described as "dilapidated" has been sold at auction for almost £1 million, in the latest example of how housing demand is far outstripping supply in Britain and its capital in particular.