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'Fund manager of decade': Buy European banks

European Union

For those with the stomach for risk, the best return in the world may come from the troubled euro region because credit risk has bottomed and the region's recovery is for real, according to David Herro, Morningstar's international fund manager of the decade.

Investors focus on UK economy's good side

Pic Cash

What do you prefer? The bad news that the Treasury clocked up a rare deficit in July, usually a month when the inflow of corporate tax receipts produces an overall surplus? Or the good news that the country's manufacturers are feeling their most chirpy since August 2011 according to the CBI?

Why Europe could lose 1.9 million jobs by 2017

Job Ads

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.

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