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Engineering company Rolls-Royce Holdings tumbled 8.6 per cent in London as it raised £2 billion from a rights issue. Photograph: PA Wire

European shares retreated from eight-month highs on Thursday as surging coronavirus infections raised doubts about a quicker economic rebound and over(...)

Workers sort packages at the Yuqiao mail processing centre on Singles’ Day, in Yangzhou City, Jiangsu Province

Alibaba’s singles day shopping bonanza got off to a scorching start, logging more than 114 billion yuan (€14.8 billion) of purchases in less than 90 m(...)