Chris Wheal is editor Capital.com. He set up and ran Daily Finance in the UK and then merged it with Walletpop to launch AOL Money. He previously edited three B2B magazines, including Insurance Times, as well supplements in the Guardian. He has won awards for business and consumer journalism.
Guy Elliott has resigned as a member of the UK merger and acquisition regulator the Takeover Panel after being charged with fraud by the US Securities and Exchange Commission.
Former Rio Tinto boss Guy Elliott has quit as non-executive director of Royal Dutch Shell after the US Securities and Exchange Commission (SEC) issued legal proceedings against him over fraud.
Health to household chemicals maker Reckitt Benckiser has issued a second profit warning stating that like-for-like revenues had fallen 1% and will be flat for the year.
Airline Flybe has warned that higher aircraft maintenance costs will hit profits with expected half year pre-tax profits down to between £5m and £10m compared with £15.9m for h1 last year.
Rio Tinto faces criminal charges from the US Securities and Exchange Commission (SEC) and a £27m fine from the UK Financial Conduct Authority (FCA) over fraud.
Top regulator, Financial Conduct Authority (FCA) Chief Executive Andrew Bailey, has warned that Brexit must not lead to a weaker and worse financial services industry.
New York business activity is at a three-year high, the October 2017 Empire State Manufacturing Survey, reported. Its general business conditions index rose six points to 30.2, its highest level in three years.
Italian banks are the most exposed to new bad loan rules proposed by the European Central Bank and may lend less to companies in response to them, credit ratings agency Standard & Poor's said
Furniture retailer IKEA Group has raised prices in Britain to compensate for a slump in sterling after the country's decision to leave the European Union, which has pushed up import costs.
Shares in medical company ConvaTec fell 20% after it lowered its profit guidance this morning.
Utility firms face further criticism from regulator Ofgem today for letting poorer customers run up £600 pounds of debt before helping them.
AIM quoted commodity investor Metal Tiger has taken a further strategic investment in Kingsgate Consolidated buying 430,000 ordinary shares taking its stake to more than 5%.
Construction of Pan African Resources 1.7 billion rand ($128m) project in South Africa to produce gold from mine dumps has resumed after it was halted last week because of community protests
Clinical diagnostics antibody supplier Bioventix has reported revenue up 31% to £7.2m and pre-tax profit 37% to £5.7m in its audited results for the year ended 30 June 2017.
Flymo lawnmower maker Sweden's Husqvarna has warned that net sales in its consumer brands division would take a 1 billion Swedish crown ($123m) hit next year as it cuts back business with a major US client.
Supply-chain hit medical firm ConvaTec Group has announced Q3 revenue of $445.5m, 6.8% up on Q3 2016. It said the growth equalled 5.1% at constant exchange rates and 3.3% organic growth.
Corporate accounts regulator the Financial Reporting Council (FRC) has fined Ernst & Young LLP (EY) and senior auditor Julian Gray more than £3m for misconduct over Tech Data’ (formerly Computer 2000 Distribution) 2012 accounts.
Asset liability (or cashflow) matching and portfolio immunisation are two methods insurance and pension fund managers use to ensure they can pay their liabilities.
The overconfidence effect or bias is what makes a person believe their ability is greater than the evidence supports. It is exaggerated in confident people, resulting in worse decisions
The familiarity bias or heuristic (rule of thumb) makes you invest in the familiar even though a less well-known alternative would produce a better return.