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‘Potent combination’ of economic factors sees demand for gold soar 127%

Demand for gold rocketed in the first half of the year as investors sought sanctuary in the safe haven asset in the face of...

Rank group and 888 submit formal £3.6bn offer for bookie William Hill

Rank Group and 888 have submitted a formal £3.6bn offer for William Hill as the duo press ahead with plans for a three-way merger. Online...

London’s office buildings still ‘safe bet’ for foreign investors post Brexit

Foreign buyers are swarming London's commercial property market as they look to capitalise on the collapse in sterling following the EU referendum, with Asian...

Barclays bank reaches settlement in US over interest rates

Barclays Bank has agreed to pay 100 million US dollars (£77m) to 43 states and the District of Columbia to settle allegations it improperly...

RBS posts massive first-half loss

Royal Bank of Scotland has reported a £2.04bn (€2.42bn) loss for the first half of the year after taking into account £1.3bn (€1.54bn) worth...

Oil price hike sees energy firms help push up US stocks

US stocks edged higher overnight as energy companies climbed with the price of oil. Stocks had opened lower but gradually recovered to finish at their...

HSBC’s pre-tax profits fall 29% amid Brexit concerns

HSBC has reported a 29% fall in pre-tax profits for the first half of 2016 as revenue fell 11% amid concerns over the EU...

Uber merges Chinese business with rival in £26bn deal

Ride-sharing app Uber has struck an agreement to merge its Chinese business with rival Didi Chuxing in a 35 billion US dollar (£26bn) deal. As...

China blasts ‘unjustified’ EU steel tariff increase

Beijing has criticised new European tariffs on Chinese steel as "unjustifiable" protectionism, weeks after commerce ministers from G20 nations pledged to promote free trade. The...

Budweiser brewer gets regulatory backing in China for SABMiller takeover

Budweiser brewer Anheuser-Busch InBev has cleared another major hurdle in its pursuit of SABMiller after winning regulatory backing in China. The takeover approach was given...

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