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.
LONDON - Britain's warning to potential suitors of BP is a sign of the oil major's vulnerability to a takeover bid and that a more politically palatable tie-up with Royal Dutch Shell no longer seems to be an option, banking and industry sources said.
LONDON - Britain's largest energy supplier Centrica has made preparations in case it is approached with a takeover offer, the utility's chairman said at the company's annual shareholders' meeting in London.
- Mylan NV rejected Teva Pharmaceutical Industries Ltd's unsolicited $40 billion (£26.2 billion) takeover offer on Monday, saying it was too low and calling Teva stock an "unacceptable" currency.
LONDON - Britain's biggest banks face another 19 billion pounds of charges relating to past misconduct over the next two years, ratings agency Standard & Poor's (S&P) said in a report on Monday.
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.
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.
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
BERLIN - Investors hope that Volkswagen will be able to revive profitability at its core division, cure underperformance overseas and bury lingering plans for acquisitions after the resignation of Chairman Ferdinand Piech.
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.