GKN, the UK-listed global engineering giant which features heavily in leading fund managers' portfolios, topped the list of losers on the FTSE 100 this morning after issuing a profit warning.
European markets have made steady gains throughout the day, fuelled by reports Spain will ask the eurozone for financial aid next month.
The much coveted Nobel Prize for economics has been awarded to game theorists Alvin Roth and Lloyd Shapley for an "an outstanding example of economic engineering".
Hargreaves Lansdown is topping the FTSE 100 leaderboard for a second consecutive day of trading as the index starts the week in the black.
Twenty-five years ago to this month, financial markets across the world went into freefall on a day that has come to be known as ‘Black Monday'.
Virgin Money is poised to bid for 316 branches Royal Bank of Scotland branches, after a deal with Santander collapsed.