MARKETS

The value of Sports Direct shares has slumped following Ashley's decision to sell part of his shares.

Brent May contract up 0.43% to $106.39 a barrel at 10:45 BST.

Mike Ashley has surprised Sports Direct after selling a 7% share of the retailing group.

Ukraine failed to meet a Gazprom deadline of midnight to pay off its $2.2bn in outstanding gas bills

Ukraine's proposal to reverse gas from Europe could require the approval of Russian energy giant Gazprom.

Nigeria's ascent to the top of Africa's economy has magnified some underlying weaknesses.

Restoration of government subsidies would breathe new life into $14bn industry.

Mobius not interested in Alibaba Group's planned New York IPO on corporate governance concerns.

Nigeria has re-based its GDP and is now one of the world's biggest 26 economies.

An 11% acquisition of House of Fraser has dumped the controversial businessman directly in the spotlight.

Mike Ashley is facing a legal battle with House of Fraser after he purchased an 11% share.

Barclays will sell its UAE retail banking operation to ADIB for £107m.

Brent crude shed 1.3% for week as a whole as Libya uncertainty impacts prices.

Price-sensitive physical buyers again back in bullion market.

House of Fraser will be sold to Sanpower for £450m.

Price of carbon permits is 84% lower than the record €31 struck in 2006.

Commodity firms Asiasons, Blumont and LionGold lost over $6bn in combined market value last October.

Ukraine's interim Prime Minister says the government is in talks to import natural gas from Europe

Ebay's Senior Director, Marketing Sarah Calcott unveils their emerging marketing strategy

Doctors are accused of routing 3bn yuan in bribes to doctors through travel agencies and consultancies

Libyan government sees 'good intentions' from rebel group that blockaded major oil ports in east

IBTimes UK speaks exclusively to Vashi Dominguez CEO at Vashi.com

McDonald's has closed down its Crimean restaurants following sanctions on Moscow.

Lewis responded to comments from Bats President Bill O'Brien over his new book about high frequency trading

Technische Universität München (TUM) scientists say certain words will put off female applicants

Ukraine's Energy Minister Yuri Prodan said Gazprom was playing politics after hiking prices twice in a week.

Blackouts more frequent and lasting for longer as Egyptian summer hots up.

Tracking technology expert reveals how marine tech would enhance greater supervision of aircraft and cargo

Ex-Evercore Banker Frank Perkins Hixon Jr. has pleaded guilty to charges of insider trading.