Jupiter has reported net inflows of £295m in the third quarter of 2011, despite a 10% drop in assets under management over the period.

Slovakia has become the final eurozone nation to approve the expansion of the European Financial Stability Facility after its parliament ratified the plan at a second vote.

The S&P 500 has opened down 0.85%, with financials under pressure after J.P. Morgan reported its third quarter results.

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Henderson's Stuart O'Gorman has said Apple may finally start paying dividends as the company evolves following the death of co-founder Steve Jobs.

Paul Shuttleworth, manager of the £115m BlackRock Corporate Bond fund, has resigned after 11 years at the firm.

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The S&P 500 closed up 3.4% overnight, boosting Asian shares and lifting the US index nearly 11% from lows seen last week.

The number of shares out on loan in September has risen by the highest level in five years as investors reacted to market falls by taking more negative bets.

The S&P 500 is 2.9% higher as shares surge after eurozone leaders set a deadline for resolving the single currency area's debt crisis.