US shares plunged at opening ahead of an expected announcement politicians have failed to agree a deal to cut the US' sprawling budget deficit.
Warren Buffett has provided a much needed boost to Tesco by saying he is considering upping his stake in the supermarket giant.
Hargreaves Lansdown plans to charge investors who hold certain tracker funds on its Vantage platform a flat fee of up to £2 per month, compared to the current annual rate of 0.5%.
Credit rating agency Moody's has warned on the status of France's AAA-rating after the yield on its bonds spiked last week.
Hungary has asked the International Monetary Fund (IMF) and the European Union (EU) for financial aid as its debt pile grows and its currency weakens.
Nine out of ten investors are concerned about synthetic exchange traded funds (ETFs) on the back of a series of warnings from global regulators about their dangers, research suggests.
Lloyds Banking Group has announced the interim replacement for group CEO António Horta-Osório [pictured].
British Sky Broadcasting Group has announced Martin Gilbert, founder of Aberdeen Asset Management, is set to join its board of independent non-executive directors.
The Financial Services Authority (FSA) has warned investors to be wary of a bogus firm trying to clone Sarasin & Partners.
Global markets fell this morning over fears the new Spanish government, instated over the weekend, will not be able to pull back its domestic economy from the brink of default.