The split is expected to be finalised by the end of 2018.
Edmund Shing explains why you should invest in housebuilders Berkeley Group.
Mario Draghi, president at European Central Bank hints there would not be any more rate cuts going forward.
The S&P 500 meanwhile managed to eke out minor gains.
Stocks nosedive despite expanded stimulus after ECB President admits he sees no further reason for future rate cuts.
Dow Jones and Nasdaq on the front foot as news of fresh ECB stimulus offsets decline in oil prices.
The European Central bank expanded its asset purchasing programme by €20bn to €80bn a month.
The European Central Bank is expected to ease its monetary policy later in the day.
Investors waiting for the European Central Bank monetary policy decision on 10 March.
Prudential leads FTSE risers but UK and European stocks relinquish gains late on despite oil rally.
Dow Jones edges over the 17,000 threshold as oil prices gain more than 2% and European stocks rise firmly.
Brexit worries and a construction slowdown should not deter you from investing in housebuilders.
Negative China February exports data also added to investors concerns.
FTSE ends in the red as BHP and Anglo American plunge over 15% after Chinese exports hit six-year low in February
Dow Jones and Nasdaq edge lower after disappointing data from China worries investors in the US.
Foxtons also said that the company's results could be hurt if the UK votes to leave the EU
China data continues to be dismal with both exports and imports falling.
This follows Lou Jiwei, finance minister of China, saying that Beijing was increasing its debt-to-GDP ratio.
The Dow Jones and S&P 500 extended their winning streak to five straight sessions.
Miners enjoy late rally but FTSE ends in the red as geopolitical worries replace bullish sentiment among investors.
Dow Jones edges higher early on but Nasdaq and S&P fail to follow suit, despite gains in oil prices.
China announced an average economic growth target of 6.5% to 7% over the next five years.
IBTimes UK interviews an investment tycoon on the US markets and the candidates' economic policies.
Natural resources companies surged helped by the commodity rally.
Wall Street struggles to gain ground after report shows US economy added 242,00 jobs last month.
Asian shares seemed to be on track to post their strongest week in five months.
Energy sector contributed to S&P 500 gains, which closed up 6.95 points at 1,993.40.
Miners rallied but the surge was not enough to keep the Footsie in positive territory.
Wall Street takes a breather as investors await Friday's non-farm payrolls report.
Increased app usage and the falling cost of fuel also helped profits for the food chain.