Equities

European regulators may be given new powers to suspend credit ratings of countries seeking or undergoing bailouts to prevent the "negative spillover effects to other countries", according to proposals for tougher regulation issued by the European Commission....

Germany has cut its economic growth forecast over fears its exports will slow, the BBC reports.

F&C's Sam Cosh has taken over the lead management of the European Assets trust following the departure of Paras Anand to Fidelity.

Wall Street's biggest banks had their worst quarter of results since 2008's financial crisis, with trading revenue down 35% on last year.

Jupiter CIO John Chatfeild-Roberts and his Merlin multi-manager team have said clear warning signs are beginning to emerge on Chinese growth prospects as well as the outlook for natural resources.

Apple, the world's biggest technology company, reported full year results showing net profits for the year to 25 September were $25.9bn (£16.5bn), up 85% on the previous year.

US banking giant Goldman Sachs has reported a loss of $428m (£272m), worse than analysts had been expecting.

Investec's Alastair Mundy has said investor irrationality is helping his investment process but has warned on corporate profitability.

Threadneedle has launched a SICAV version of the $1.5bn US Contrarian Core fund run by sister company Columbia Management.

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