The investment company Atlas Mara Co-Nvest, backed by Bob Diamond, the former Barclays chief executive, said on Friday that it had increased its stake in Union Bank of Nigeria in its latest bet on the African financial sector.
GM CEO Mary Barra speaks with CNBC's Phil LeBeau in a rare one-on-one interview, discussing the automaker's recent recalls and outlining auto industry innovation.
China is set to overtake the U.S. as the world's largest economy in U.S. dollar terms over the next decade, according to a new report by IHS Economics.
Big business and financial investors, not consumers, will force better conditions in the world's textile factories, according to the head of an investment firm aiming to pump $500m (£306m) into creating a more ethical garment industry.
Imagine you have £275,000 to spend on a home. It is not a trifling amount – more than the average UK house price and enough to buy a chocolate box cottage with acres of land in Northumberland. Or you could invest in "possibly the smallest house in the world", barely the size of a lock-up garage, in a street in north London.
Laura Ashley's sales took off in August, continuing a pickup in business towards the end of the first half, the retailer has said.
The European Central Bank surprised markets on Thursday with fresh measures to boost a flagging eurozone economy threatened with deflation and the risks of an escalating conflict in Ukraine.
The US added 142,000 jobs in August, the lowest figure this year and one that ends a streak of months in which the economy added more than 200,000 new positions.
Globalization and technological change are leading to the demise of middle incomes in U.K. cities, according to a new report.
Chinese e-commerce giant Alibaba on Friday filled to sell up to $24.3 billion in stock, making it the biggest U.S. initial public offering ever.
Growing anxiety about whether banks can withstand continued low interest rates and fears of a re-run of the 2008 financial crisis continued to stalk markets when shares fell to a three-year low and bank shares remained volatile.
Consigned to history.
Deutsche Bank's share price fell below its 2009 low today, after the German lender moved to reassure both staff and investors that it was "absolutely rock solid".