LONDON Britain's financial watchdog has fined Barclays (BARC.L) 72 million pounds ($109 million) for cutting corners in checking wealthy customers involved in a huge transaction described by one senior manager as potentially the "deal of the century.
Washington: Pfizer's $160 billion (Dh587 billion) megadeal with Allergan, which comes with the benefit of an overseas tax address, is likely to be envied by competitors who won't be able to do much to mimic it.
Black Friday is nearly here, which means it's time for Americans everywhere to bundle up, hit the stores and fill their shopping carts with reduced-price electronics and gifts.
0847 GMT -- Oil prices are down slightly this morning despite the oil rig count in the U.S. falling for the twelfth week in thirteen and production falling by 17,000 barrels a day.
The publisher of Hong Kong's South China Morning Post (SCMP) has confirmed that it is in talks to sell the popular English-language newspaper.