Martin Baccardax

Sale nets $3.2bn in cash for loss-making subsidiary of HSBC as asset sales under CEO Stuart Gulliver continue

World number two looking to maintain her perfect 2013 record as top ranked Serena Williams continues her decade-long boycott of the California event.

Glencore announces third extension of $33bn tie-up as both parties await approval from authorities in China.

The Baltic economy would become the 18th EU member to join the single currency

UK net lending falls £1.5bn in the first six months of the key monetary policy tool, putting new investor focus on the Bank of England's Thursday interest rate move.

Europe's biggest bank says full year profits fell 6 percent to $20.6bn after it set aside $1.4bn in UK PPI costs and paid $1.9bn in money laundering fines.

IBTimes TV's daily 'Market Briefing' report with European Business Editor Martin Baccardax

What you think you know about the "bonus culture" is probably wrong. And so is the EU's attempt to control it.

State-controlled lender earmarks £3.75bn to repay customers mis-sold payment protection insurance.

British taxpayers would be much better off taking a multi-year view of their 82 percent stake now that the banking game has changed so much.

State-owned lender sees operating improvements and fewer charges for bad loans but sets aside £1bn for PPI and derivatives mis-selling.

UK's biggest commercial broadcaster will pay £156m to shareholders in move that may keep private equity buyers at bay.

Stock markets suffer triple-digit declines and bond yields spike higher as investors fear Italian political crisis may have an impact on fragile eurozone recovery.

Centre-left coalition may win lower house but polls indicate possibility of hung parliament with Berlusconi victory in key region of Lombardy.

Frankfurt Stock Exchange owner denies merger talks after shares test two-year highs on market talk of bid from world's biggest futures exchange.

Former Wimbledon champion needs three sets to beat the world number seven as the WTA tour prepares for its two main winter events in the United States.

Top grade lost after ratings firm says missed debt targets and slower growth make Britain's debt vulnerable to interest rate swings.

Kloppers becomes the fourth major mining executive to leave within the past six months.

World number two cites foot injury in decision as lucrative events in Florida and California loom.

Prime minister does not rule out share giveaway in state-owned lender as bank prepares full-year results.

World's biggest hotel room provider launches 226 new hotels and two new brands as sales approach $2bn

Outgoing world number one defends her Doha title even as top WTA ranking slips from her grasp.

Williams becomes world number one for the sixth time but seeks to add title number 48 to her sterling career

World's biggest platinum producer says shareholder loss hit $1.5bn after earlier writedown of Minas Rio project in Brazi.

Serena Williams poised to regain world number one spot with quarter-final win but Petra Kvitova awaits.

Bank of England Governor Mervyn King's admission that rates won't be used to fight faster inflation has the pound falling on foreign exchange markets

Disappointing data from Germany, France and Japan also put investors on edge as pace of global recovery questioned.

Windy Day Three at WTA Premier Event sees few upsets but many early retirements

Transatlantic agreement could be worth trillions in annual trade as Europe and US fend off emerging markets challenge.