Equities

Amancio Ortega, the 76-year-old Spanish founder of retailer Inditex which owns clothing brand Zara, has bumped Warren Buffett off his perch as the world's third richest man.

Investment Week will be hosting the latest in our series of Income Focus events on 11 September at the Cumberland Hotel in London.

Managers of the £276m Ruffer Investment Company have increased their exposure to gold on hopes global central banks will act soon to collectively expand their balance sheets.

The Church of England has sold News Corporation shares worth £1.9m after the company failed to address ethical concerns raised in the aftermath of the phone-hacking scandal.

Standard Chartered, one of the UK's largest banks, has seen its shares plunge almost 25% in morning trading as investors panic-sell in reaction to the news it may lose its US banking licence.

Analysts have warned the investment case for holding Standard Chartered has been hit with a 'hammer blow' following the news it may lose its US banking licence.

Legal & General Investment Management said today its profits had risen to £119m in the first half of 2012, after assets under management climbed 3% to £381bn.

With Greece heading towards default, Spain in the doldrums, and the US starting to slow, it is hard to pluck up the courage to buy shares now, but Fidelity's equities guru Dominic Rossi has highlighted five reasons why things are not all that bad.

Argonaut founding partner Barry Norris finds a glimmer of hope for the eurozone crisis in the latest comments by ECB President Mario Draghi.

Shares in beleaguered retailer HMV fell sharply in early trading after it confirmed its finance director is set to follow former chief executive Simon Fox out of the door.