LONDON British consumers are vulnerable to a hike in interest rates, ratings agency Moody's said on Thursday, two weeks before the Bank of England is widely expected to hike borrowing costs for the first time in more than a decade.
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LONDON Britain's main share index fell 0.3 percent on Thursday as a weak third-quarter update from Unilever weighed, while mid- and small-cap trading was marred by profit warnings from IWG and Interserve which slashed their market value by a third.
DAR ES SALAAM Barrick Gold has agreed that Tanzania will own a 16 percent stake in three gold mines operated by Barrick's Acacia Mining Plc , the company and a government minister announced on Thursday.
FRANKFURT Siemens is planning restructuring at its Process Industries business as well as at Power & Gas, news agency Bloomberg reported on Thursday, citing sources.
BEIJING China's central bank chief on Thursday issued a stark warning about asset bubbles in the world's second-largest economy, which looks set to clock its first acceleration in annual growth since 2010, driven by public spending and record bank lending. | Video
ZURICH Activist investor RBR Capital Advisors wants Credit Suisse to float its asset management business and investment bank, according to a presentation reviewed by Reuters.