Traders on the floor of the New York Stock Exchange: the dollar index fell for a fourth day on the latest batch of soft US data, which dampened expectations for US interest rate hikes this year. Photograph: Spencer Platt/Getty Images

Another volatile trading session saw European stocks end the day lower, although the London market rallied and made gains of more than 1 per cent. Fl(...)

Electrolux headquarters in Sweden. Photograph: Thomas Engstrom/Bloomberg

Sweden’s Electrolux skidded to a loss in the fourth quarter, suffering a hangover from the collapsed purchase of General Electric’s white goods busine(...)

 General Electric:  profits rose, from its continuing operations, to $13.1 billion (€12 billion) for 2015, and  it predicts robust growth in earnings this year. Photograph: Urs Flueeler/EPA

General Electric’s sales in China grew only slightly last year, the company reported, in the latest sign of the global impact of the country’s economi(...)

Mario Draghi in Davos: the European Central Bank president’s remarks helped to buoy markets on Thursday and the trend continued to the end of the business week. Photograph: Jean-Christophe Bott/EPA

Stocks continued their rebound on growing investor confidence triggered by indications from EU banking chief Mario Draghi that more support for the m(...)

eBay: results out on Tuesday. Photograph: Cyril Byrne
For your diary

TODAY Results: Delta Air Lines. Indicators: Japanese industrial production (Nov). TOMORROW Results: Bank of America; eBay; First Bancorp; IBM; Morgan (...)

General Electric plans to cut 6,500 jobs in Europe over the next two years, including 765 in France and 1,300 in Switzerland.

General Electric plans to cut 6,500 jobs in Europe over the next two years, including 765 in France and 1,300 in Switzerland, the company said on Wedn(...)

Swedish manufacturer Electorlux abandoned a $3.3 billion deal to buy General Electric’s household goods business following a 15- month pursuit earlier this year. (Photograph: Ints Kalnins/Reuters)
Electrolux CEO to step down

Electrolux AB said chief executive Keith McLoughlin will step down in favor of Jonas Samuelson after the Swedish manufacturer abandoned a $3.3 b(...)

Ryanair closed 3.9 per cent lower at €14.74 in spite of strong traffic data. Photograph:  Rui Vieira/PA Wire

European stocks fell for the third time in four days, mirroring declines that shook global equities in August, as they extended the worst start to a (...)

Rolls-Royce, which last year generated sales of £14.6 billion and is the world’s second biggest aero-engine maker, accounts for roughly 2 per cent of total UK goods exports.

British MPs will meet Warren East to discuss his restructuring plans for Rolls-Royce, underlining the political sensitivities the new chief executive (...)

Eric Feight (55), of Hudson, New York state, pleaded guilty in January to a federal charge of providing material support to terrorists in a plot intended to harm  US president Barack Obama (above). File photograph: Carlos Barria/Reuters

An upstate New York man was sentenced to more than eight years in prison for his role in a plot to build a radiation-emitting “death ray” intended to (...)