The Bank of England has declared that the UK's financial system has moved out of the “post-crisis period” but was not showing enough signs of overheating to require action to rein in credit.
UK manufacturing growth slowed last month from the rapid pace seen in October, according to the latest Markit Purchasing Managers' Index (PMI).
Cyber Monday finished strong, with Adobe estimating a 12% gain to a record $2.98 billion. And for the full holiday weekend, it says online sales jumped 15% to $11 billion.
MUMBAI Cash conditions in the Indian banking system are balanced and the central bank will inject long-term funds if needed, said Governor Raghuram Rajan on Tuesday.
Manchester City's parent company has been valued at $3bn (�2bn) after selling a 13% stake, worth �265m, to a consortium of Chinese investors.