The eurozone has descended further into deflation this month with prices falling 0.6%, the fastest pace for more than five years amid tumbling global oil prices.
Former Dixons chairman John Allan is tipped to be named as the next chairman of Tesco after his rival, Ian Cheshire, former chief executive of B&Q-owner Kingfisher, withdrew from the race.
Macquarie Group is said to be in talks to buy Jefferies Group's commodities and financial derivatives brokerage, three sources told Reuters, as the Australian bank continues to expand its commodities business while rivals retreat.
A senior Bank of England official has compared banks’ failures to prevent Libor and foreign exchange rigging to a fighter pilot ignoring safety checks, saying it should be in the banks’ own interests to stamp out bad behaviour.
April Bloomfield grew up in the industrial city of Birmingham, England, with a vague notion she’d like a career in law enforcement, preferably in New York City.
The European Union's (EU) decision to extend sanctions against Russia is akin to "economic war," the head of one of Russia's largest banks told CNBC.
British workers are taking home less in real terms than when Tony Blair won his second general election victory in 2001, with men and young people hit hardest by the wage squeeze that followed the financial crisis, according to new research.
The oil industry may be getting pinched by falling prices , but the next year could be a busy and lucrative time for private equity firms and restructuring specialists working in energy.
Deutsche Bank CEO Anshu Jain says January has been a better month for the bank's trading businesses.
A top Bank of England policymaker has floated the possibility of interest rates being cut below zero, meaning companies would pay to deposit their money with banks.
De Beers, the world’s largest diamond company, is to leave its UK headquarters after almost a century, as parent company Anglo American trims costs.
BHS is battling to raise £100m to pay staff wages and continue trading, with 10,000 jobs at risk at the struggling department store chain.