Shares in GKN have rocketed after the engineering firm revealed that it has rejected a £7 billion takeover bid. Photograph: David Davies/PA Wire

Engineering group GKN, a key supplier to Airbus, rejected as “entirely opportunistic” a £7 billion (€7.8 billion) takeover offer from turnaround speci(...)

The company said it made a profit on 19 of the 28 races at Cheltenham, compared with just 11 last year. Photograph: Harry Trump/Getty Images

Paddy Power Betfair’s biggest investor, Capital Markets Group, paid more than €110 million to boost its stake in the gambling giant to more than 13 pe(...)

JP Morgan Chase: one of the top five US banks that are moving ahead of their European rivals in global investment banking. Photograph: Stan Honda/AFP/Getty Images

US banks are moving ahead of their European rivals in global investment banking, taking advantage of strategic upheavals and concerns over capital to (...)