News

The directors of the troubled £400m Caribbean property investment scheme run by Harlequin Property have been issued with a High Court order freezing their personal assets up to £1.1m.

A significant minority of investors at Prudential have voted against chief executive Tidjane Thiam's 2012 pay deal, delivering a rebuke to leadership already under fire for their handling of a failed Asian takeover.

Turkey's credit rating has been lifted to investment grade by Moody's for the first time in two decades, in recognition of reductions to its debt and current account deficits.

The Japanese market has gone from strength to strength this year, with shares soaring as the recent expansionary policies of new Prime Minister Shinzo Abe power the economy. But which funds offer investors the best way to play the ongoing rally?

Berkshire Hathaway (BRK), the insurer headed by billionaire Warren Buffett, has been downgraded by Standard & Poor's from AA+ to AA.

Polar Capital is set to launch a Global Financials Investment trust for managers John Yakas and Nick Brind, in a move to exploit lowly valuations of banks across the world, Investment Week understands.

The Royal Bank of Scotland (RBS) has announced it is to cut a further 1,400 roles across the country as part of a restructure of its support staff teams.

US airlines and housebuilders were among the stocks on Crispin Odey's buy list in the first quarter as the hedge fund star looks to tap into the US economic recovery.

The High Court has ruled HM Revenue and Customs' 2010 tax deal with Goldman Sachs was not illegal.

UK North Sea oil production represents a key opportunity for UK equity managers as capex increases and production ramps up, according to AXA Framlington's Nigel Thomas.