FTSE climbs to record high in face of election uncertainty

LONDON - The FTSE rose to a record high on Monday, led by HSBC, despite increasingly volatile moves ahead of next week's election, with opposition Labour policies announced at the weekend hitting housebuilders.

Recent Business News

Greece moves to sideline Varoufakis after reform talks fiasco

ATHENS - Greek Prime Minister Alexis Tsipras on Monday reshuffled his team handling talks with European and IMF lenders, a move widely seen as an effort to relegate embattled Finance Minister Yanis Varoufakis to a less active role in negotiations.

World, IMF 6:39pm BST

Healthcare firm Bupa has 200-300 million pounds for acquisitions

LONDON - Financing constraints mean British private healthcare group Bupa [BUPAI.UL] only has around 200-300 million pounds available for acquisition in 2015, its chief executive said on Monday.

6:29pm BST

Investors question Deutsche Bank's overhaul

FRANKFURT - Deutsche Bank's biggest strategic overhaul under co-chief executives Anshu Jain and Juergen Fitschen got a thumbs down from investors on Monday who judged it too little too late. | Video

5:38pm BST

Tesco's Dunnhumby ends exclusive JV in U.S. ahead of possible sale

LONDON - Dunnhumby, the customer data business which has been put up for sale by retailer Tesco , said it was free to work with new clients in the United States, in a move which could make it more attractive to potential buyers.

5:35pm BST

Ireland's permanent tsb prices flotation at top of range - source

DUBLIN - Permanent tsb (PTSB) has raised 400 million euros (£286.3 million) in a share offer priced at 4.50 euros per share, a source familiar with the transaction said, valuing the first Irish lender to launch a public share sale since the financial crisis at 2 billion euros.

6:37pm BST
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