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European markets trade higher on 14 November

European Markets Climb Ahead of Eurozone GDP Data

Fed Vice Chair Janet Yellen's remarks and positive German GDP data support the markets.

Wolfson Economics Prize Offers £250,000 to Person Who Can Solve UK Housing Crisis

Wolfson Prize asks: How would you deliver a new garden city which is visionary, economically viable and popular?

France's Second Largest Bank BPCE Tables €900m Cost Cutting Plan to Double Profits

BPCE is the first big bank in France to announce a strategic plan following the euro zone crisis.

Couple Completes 101-Day World Tour Entirely on Bitcoin

Virtual currency's value soared to $400 per coin on 13 November from $13 in January.

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Serco has warned investors that its 2014 profits will be hit following the investigations by the government and City of London police into suspicions of fraud (Photo: Reuters)

Serco Warns of 2014 Profit Hit on Contract Fraud Investigations

Serco Chief Executive Christopher Hyman quit his role amid investigations. Shares tumble by nearly 8%

Cisco's China Equipment Sales Dented by NSA Spying Scandal

Much internet data transmitted through Cisco networking products.

Italy Probes Apple for 'Hiding' €1bn in Tax Avoidance Plan

Italian authorities launched an investigation in tech giant's 2010 and 2011 tax declarations

Pink Star Diamond Mined in Africa Fetches Record $83m at Sotheby's Auction

Mined by De Beers, Pink Star breaks record set by Graff Pink.

Typhoon Haiyan has left over half a million people displaced and billions in damages (Photo: Reuters)

Typhoon Haiyan to Create $19bn in Philippines Economic Losses

Philippine President Benigno Aquino says death toll has risen above 10,000.

The Zombification of Europe: The Perils of Deflation

European economies in danger of coming to grinding halt with falling demand and prices.

Christmas Loans and Credit Unions: Should Ethical Lenders Tout Debt-Funded Festive Spending?

Credit unions pride themselves on ethics, yet target Christmas borrowers struggling to afford festive presents and food.

Firefighters across England and Wales Strike Over Pensions

Matt Wrack, the Fire Brigades Union general secretary, says firefighters are being priced out.

Chinese Petroleum Exports Threaten Singapore's Oil Trade Dominance in Asia

Sinopec, CNOOC and PetroChina are eyeing global exports.

UK Pension Funds are 'Acutely Unaccountable' to Savers

ShareAction says savers have no legal right to know where their money is invested.

Barclays' Compliance Boss Hector Sants Resigns Because of 'Stress'

Former financial regulator leaves Barclays because of 'stress and exhaustion'.

TUC: UK Job Quality Close to 20 Year Low Amid 'Joyless Recovery'

Frances O'Grady, TUC general secretary, says working people deserve a fair share of the benefits of recovery.

ICE Proposes to Take Euronext Public in 2014

ICE to announce NYSE divestment plans shortly.

BoE's Mark Carney: 'Two in Five Chance' UK Unemployment could Hit 7% in 2014

The Bank of England's quarterly report is upbeat on the UK economy.

PetroChina Buys $2.6bn of Oil and Gas Assets in Peru

China is promoting overseas oil and gas asset acquisitions to meet its rising energy demand.

London Stock Exchange Profit Declines on LCH.Clearnet Integration Costs

LSE completed acquisition of majority stake in LCH.Clearnet in May 2013.

Eurozone Industrial Production Drops More than Expected

Eurozone industrial production dropped in September adding to worries deflation is hitting the eurozone.

Spain's Consumer Price Index Data Prompts Fear of Deflation

Spain's consumer price index showed a decrease of prices by 0.1% in October.

UK Unemployment Falls to 7.6% as Wages Rise

The ONS says there were 2.47 million unemployed people aged 16 and over up to September.

Energy and Water Bills to Rocket until 2030 as Poorest Families Hit Hardest

National Audit Office warns UK energy bills will rise 18% and water 28% over next 17 years.

European markets outside Spain and Italy trade lower on 13 November

European Markets Drop Ahead of UK Inflation Report Release

BoE Governor Mark Carney will address a press conference at 10:30 hrs GMT.

Asian markets outside India trade lower on 13 November

Asian Markets Drop As China Communist Party Plenum Disappoints

Official communiqué lacks details about China's reforms road-map.

Millions of UK Households Have Only £250 in Savings

HSBC says average person has savings pot of £14,401.

Sainsbury's Reveals 9% Rise in Half-Year Profits

Leading supermarket publishes half-year results that show it is increasing its market share in groceries.

US Airways-American Airlines Mammoth Merger Cleared by Government

Combination would create world's biggest airline as measured by passenger traffic.

SSE Sees Profit Drop but Lifts Shareholder Dividend Amid Fiery UK Energy Bills Debate

Energy giant SSE spent more on investment and slumped to loss in retail arm.

Starbucks Ordered to Pay $2.76bn to Kraft Foods for Improper Contract Termination

Kraft Foods had exclusive rights for the sale of Starbucks coffee in retail and grocery outlets under the contract.

Chinese Leaders Unveil Reform Agenda For The Next Decade

A reform agenda for the next decade, hammered out by China's ruling party on Tuesday (November 12), raised expectations in a country of 1.3 billion despite being vague and short on details.

John Lewis Store in Shepherd's Bush Will Create 600 Jobs

Leading retailer will create £30m store with four floors in Westfield London.

UK Financial Watchdogs See Surge in Staff Turnover

Figures follow the break-up of the Financial Services Authority into two separate agencies in April.

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