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Dow Jones crosses 21,000-point mark as US stocks enjoy record highs

The US stock market has enjoyed its biggest single-day gain in nearly four months, pushing the major indexes to record highs. The Dow Jones industrial...

Aviva warns it will take €450m hit over personal injury rule change

The Norwich-based firm said the exceptional charge to its full-year post-tax profits recognises the "magnitude of the change in policy and the potential for...

Dow closes at record high for 12th time

Wall Street notched another set of milestones today as the Dow Jones industrial average closed at a record high for a 12th consecutive time. The...

China arrests hundreds in crackdown on underground banking

More than 800 people have been arrested in a crackdown on unlicensed banking operations as authorities try to stem outflows of money from the...

Barclays ‘months away’ from completing overhaul as profits surge

Barclays boss Jes Staley said the British bank is "just months away" from completing an overhaul as he unveiled a surge in annual profits. The...

Tesla announced better Q4 results than expected

Electroninc car firm Tesla has announced better than expected results for its fourth quarter. It has registered losses of $0.69 per share, that figure was...

Bailout of Italy’s oldest bank stalled over concerns of ‘being overly generous’

Plans to support Italy's oldest bank are reported to have stalled following a communication breakdown between the EU and the European Central Bank (ECB). In...

Yahoo salvages Verizon deal with $350m discount

Yahoo is taking a 350 million dollar hit on its previously announced 4.8 billion dollar sale to Verizon in a concession for security lapses...

Bank of England ‘may not be able to predict next financial crisis’

The Bank of England is unlikely to be able to predict the next financial crisis, despite having learned from its "Michael Fish" moment, key...

Unilever shares plunge after Kraft Heinz merger bid scrapped

Shares in Unilever have slumped after US food giant Kraft Heinz called off its proposed 143 billion US dollar mega-merger with the consumer goods...

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