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European trade balance: June figures out on Friday. photograph: tony gentile/reuters
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TODAYResults: American Apparel; Prudential. Indicators: Ulster Bank Construction PMI (Jul); US Monthly Budget Statement (Jul); Japanese Industrial Pro(...)

Partnership Assurance said it had sold its shares at 385 pence each, in the upper half of its 325-400 pence range and valuing the company at £1.54 billion. Photograph: Matthew Lloyd/Bloomberg

Private equity-backed life insurer Partnership Assurance made a robust London stock market debut yesterday in the strongest year for British company l(...)

Concerns about the bailout of Cyprus and plans to impose a levy on bank deposits on the island resulted in Europe an stocks retreating yesterday. B(...)

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