International News
Allianz on lookout for takeovers in US and Europe
German insurer Allianz has said it is in the market for "big takeovers" around Europe and in the US.
Europe close: Shares end lower despite US holiday
European stocks closed in the red, with car makers losing out as investors digested comments from US President-elect Donald Trump.
Airbus to have 'flying car' prototype ready in 2017, according to CEO
Flying cars could arrive sooner than expected, as Airbus Group plans to roll out a prototype within the next year, according to the company's CEO Tom Enders.
Arrest warrant sought in South Korea for Samsung heir
South Korean authorities are seeking an arrest warrant for Jay Y Lee, the de-facto head of the Samsung group, in relation to an ongoing corruption scandal in the country.
IMF leaves global GDP forecasts for 2017, 2018 unchanged after US elections
The global economy was set to accelerate over the next two years but there were uncertainties around exactly what policies the US would put in place and several emerging market economies were now seen growing more slowly, the International Monetary Fund said.
Trump promises 'very quick' trade deal with Brexit Britain
Donald Trump has pledged to agree a quick trade deal between the US with Britain once it has exited from the European Union.
German finance minister Schäuble issues trade warning to Trump
Wolfgang Schäuble, the German finance minister, has warned US president-elect Donald Trump that protectionist trade policies will cause long-term damage to the global economy.
Ex-Fed boss Bernanke says Trump's views on China don't 'fit with reality'
Ben Bernanke, the former head of the US Federal Reserve, has dismissed claims from president-elect Donald Trump that China is a currency manipulator.
Trump attacks CIA boss Brennan as rift with intelligence agencies deepens
US President-elect Donald Trump has taken aim at intelligence agencies in the country once again, criticising Central Intelligence Agency boss John Brennan and questioning whether he was involved in leaking documents to the press.
France's Essilor agrees merger with Ray-Ban maker Luxottica
Four years after first attempting it, France's Essilor and the owner of Ray-Ban maker Luxottica have agreed a €46bn merger that will create a new eyewear giant.
BlackRock demands UK businesses control executive pay rises
Asset management firm BlackRock has told 300 UK businesses that they should extend pay rises given to executives to other workers, or they could face a rebellion from shareholders.
Asia report: Markets mostly lower as Samsung chief faces arrest
Markets in Asia were mostly lower on Monday, with South Korea under the cosh amid reports the country’s special prosecutor was seeking an arrest warrant for Samsung Group chief executive Jay Lee over the influence scandal surrounding impeached President Park Geun-hye.
H&M reports slowdown in December sales growth
Swedish fashion retailer Hennes & Mauritz (H&M) reported on Monday a worse-than-expected slowdown in local currency sales growth in December.
Ford updating its F-150 Jeep range, unveils 'City of Tomorrow'
US car-maker Ford Motor Co. has announced a redesign of its popular F-150 Jeep series just two years after the launch of the newest version of the vehicle.
Pound falls on reports Westminster to push for hard-Brexit
News that the Prime Minister was to say in a speech the UK was ready to withdraw from the European single market and that it would seek to regain its independence from the European Court of Justice, sent Sterling back towards its post-Brexit lows.