LONDON (Reuters) - Bank of England Deputy Governor Jon Cunliffe said on Tuesday that the central bank should not wait too long to act to strengthen financial stability if lending grows faster than the economy as a whole.
LONDON - A fall in the shares of major banks and mining stocks kept Britain's top share index near three-year lows on Tuesday, as concerns lingered over the global economy and the health of the financial sector.
LONDON (Reuters) - Oil prices edged up on Tuesday, clawing back some of the losses from a sell-off across broader financial markets, but a report showing supply will not drop quickly enough to erode a global surplus kept gains in check.
LONDON - Britain's trade deficit with the rest of the world worsened in the fourth quarter and likely dragged on economic growth, despite improving in the month of December, official data showed on Tuesday.
LONDON (Reuters) - British supermarket Sainsbury's continued to outperform rivals in the early weeks of the year, industry data showed on Tuesday, providing reassurance for investors ahead of the takeover of Argos-owner Home Retail .
LONDON (Reuters) - The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said.
PARIS (Reuters) - Veolia Chief Executive Antoine Frerot said on Tuesday the water and waste group had resumed talks with French state-owned bank CDC about selling Veolia's stake in their Transdev public transport joint venture.
BERLIN (Reuters) - German industrial output plunged in December at the steepest rate in 16 months and exports unexpectedly dropped, in a sign that Europe's largest economy ended 2015 on a weak footing.
COPENHAGEN (Reuters) - Denmark's Vestas reported stronger-than-expected fourth-quarter operating profit on Tuesday and said it expected 2016 sales to rise to at least 9 billion euros (7 billion pounds) from 8.42 billion last year.
PARIS (Reuters) - Sanofi reported lower fourth-quarter earnings on Tuesday, hurt by declining sales in divisions such as diabetes, oncology and prescription drugs, but said it expected 2016 earnings per share to be stable.
ZURICH (Reuters) - Actelion , Europe's largest biotechnology company, said on Tuesday that 2015 core earnings rose 9 percent, matching analyst forecasts, as the company was helped by rising sales of a new drug to treat a deadly heart-lung disease.
SHANGHAI (Reuters) - Coal demand from China will slow over the next five years and the industry should focus on restructuring and upgrading, state news agency Xinhua reported on Tuesday citing the China National Coal Association (CNCA).
LONDON (Reuters) - British prosecutors have delayed the start of their third Libor trial after new information was provided by Barclays , the former employer of the latest group of traders charged with conspiracy to manipulate financial benchmark interest rates.