BUSINESS

The deal will now need approvals by shareholders including the Life Insurance Corporation of India.

Passporting allows banks in EU member nations to offer their services to clients across the bloc.

Dr Lee Braine of Barclays was joined by Preston Byrne of Eris, Ajit Tripathi of PwC, and Sean Murphy of Norton Rose Fulbright.

Yahoo is in exclusive talks with Telecoms firm Verizon regarding the sale of its core online assets.

Mark Johnson has been released on bail as he awaits trial over a forex fraud worth £6m.

Sainsbury's set to become Britain's largest seller of general goods following approval from CMA

The former French economy minister is charged with negligence over a payout to tycoon Bernard Tapie

Treasury will act if it deems necessary to do so, says chancellor as UK services PMI plunges to seven-year low

VocaLink is owned by 18 banks and building societies including Barclays, HSBC and RBS.

The UK Flash Services PMI activity Index fell to 47.4 in July from 52.3 in June.

Britain's economy likely to contract 0.4% in the third quarter, survey says.

World's second-largest mobile operator reports 3.4% decline in UK growth for first quarter of 2016.

The ECB has said it will wait for at least another six weeks before deciding on the stimulus.

The deal will provide PayPal with long-term Visa fee certainty, a factor that was the cause for their feud.

Germany's finance hub has a lot going for it but experts doubt it can supplant the British capital.

The ECB President played down fears over the impact of Brexit saying markets have been resilient.

EDF board will decide on the 3,200 MWe project proposed by the UK government in 2010.

MPs accuse Ashley of turning a blind eye to 'appalling' work practices at retailer's Shirebrook warehouse.

Tether uses a 'currency board' system, similar to nations that peg their currencies to other fiat currencies.

The Charities Aid Foundation has published another thoughtful report on blockchain technology for social good.

US data-backed price support for the oil markets proven to be short-lived and precious metals also declined.

Communications watchdog awaits further information from BT following two days of teething problems

Monetary Authority of Singapore says the banks failed to control money-laundering related to the 1MDB scandal.

Official data reveals the Treasury borrowed £7.8bn, nearly £2.2bn lower than same month a year ago

Deal will see Sichuan Guodong invest £1bn over the next 60 years in the Yorkshire city

Unilever posts a rise in half-year sales, but warns that trading will remain challenging in 2016

The benefit from a weaker sterling was, however, offset by the sale of its energy publishing businesses.

Online home appliances retailer reports 25% increase in UK sales in the first quarter.

Chief executive departs after 31 years with the company as sector faces tough trading conditions.