Alliance Trust is facing a new battle over strategy and governance as activist hedge fund Elliott Advisors pushes for the appointment of three new directors to the board of the Dundee-based investment group.
Sir Martin Sorrell earned more than £36m last year under a controversial long-term share scheme that paid out in full for the WPP chief executive.
Britain’s high streets are fading away because new shops are not opening fast enough to replace those that close, despite the economic recovery.
The dramatic drop in oil prices is going to be very painful for the oil and gas industry, BP CEO Bob Dudley told CNBC Saturday.
After a year of sanctions and a contraction, the Russian economy is ready for the upside. What it needs are economic reforms and international integration - not further sanctions and geopolitical isolation.
A “smart” Barbie doll that can have “conversations” with children should not go on sale, privacy advocates have said.
The French financial state prosecutor has requested that HSBC’s Swiss private bank be sent to criminal trial over a suspected tax-dodging scheme for wealthy customers.
A year after his "Flash Boys" book rocked Wall Street, Michael Lewis says the market's "invisible scalp" persists.
The Bank of England has warned the financial community against complacency in the wake of a series of “short sharp shocks” in markets over recent months that it said could happen more frequently.
'Does he want to make the investment bank profitable or just run it down ?'
Wholesale markets are expected to continue being extremely tough for European and U.S. investment banks, as the forthcoming earnings season is likely to reveal.
Libor was "nothing special" and of "negligible importance" to one of the ex-Barclays traders on trial on charges of conspiracy to manipulate the global financial benchmark, a London court heard on Monday.
Sajid Javid has indicated that the government is ready to part-nationalise Tata Steel’s UK business in order to save thousands of jobs.