Banking giant HSBC is to pay more than $100m to settle a US currency-rigging case being brought by the Department of Justice (DoJ).
Bankrupt construction giant Carillion had £5bn-worth of financial liabilities when it went into liquidation – including a pension shortfall of £2.6bn.
The latest retail sales figures have highlighted changing consumer behaviour – with the Black Friday phenomenon making a big impact on UK consumer behaviour.
The dollar is looking weak against other currencies as US government is facing its first shutdown in four years, say analysts. Democrat senators appear poised to block the latest funding bill to keep the government running.
Troubled social media firm Snap has laid off staff in a bid to cut costs, according to reports. Snap has laid off around 24 people, mostly in its content team, which is being centralised at the company California HQ.
Staff of failed construction giant Carillion are likely to see their pensions cuts after the company went into liquidation with a pensions black hole of £580m.
Questions are being asked as to why the government continued to award contracts to troubled engineering and construction giant Carillion long after City experts were betting on the firm’s demise.
The Bitcoin boom was the big financial story of 2017, as the price soared into the stratosphere – though many experts have dubbed it the Bitcoin bubble, convinced a crash is just around the corner.
Prime minister Theresa May is meeting financial services chiefs from the City of London this afternoon to discuss the impact of Brexit on the industry.
US drugs giant Pfizer is pulling out of research into Alzheimer’s and Parkinson’s disease after disappointing results from new drugs, despite heavy investment.
The US dollar took a big tumble against other major currencies mid-morning, with some speculating a sell-off by China.
Ethereum has recovered its place as the second biggest cryptocurrency by market capitalisation after a nine-day rally.
The global economy is set to continue growing at a strong pace for the next two years, according to the latest report from the World Bank.
Marks & Spencer has boosted its management team by luring a director of Dixons Carphone to join the company.
Two top Cabinet ministers are in Berlin today in a bid to secure a post-Brexit deal for the UK on financial services.