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Saudi Arabian Energy Minister Khalid al-Falih, Russian Energy Minister Alexander Novak, Kuwaiti Oil Minister Essam al-Marzouq and OPEC Secretary General Mohammad Barkindo attend a meeting of the 4th OPEC-Non-OPEC Ministerial Monitoring Committee in St. Petersburg. (Reuters)

Oil rallied on Monday, erasing early losses after leading OPEC producer Saudi Arabia pledged to cut its exports to help speed up the rebalancing of gl(...)

Disappointing forecasts from US banks JP Morgan Chase and Citigroup acted as a drag on markets on Friday dampening what had been a good week for equities.

Disappointing forecasts from US banks JP Morgan Chase and Citigroup acted as a drag on markets on Friday dampening what had been a good week for equit(...)

Barclays 100 new hires will be in the bank’s Private Bank & Overseas Services, the arm of the lender’s wealth division which sits inside the Barclays International unit. (Photograph: Reuters)

Barclays will hire 100 new staff in its private bank as it launches its second attempt in the last seven years to win more business from wealthy clien(...)

US president Donald Trump. Photograph: Reuters

Concern that US president Donald Trump’s reform agenda could be slowed down, and that Trump himself could even face the threat of impeachment, added t(...)

Marco Silva has managed to turn things around since replacing Mike Phelan as manager of Hull City. Photograph: Phil Noble/Reuters.

Lads, it’s Arsenal. Marco Silva may not have been in England long enough to have heard of Roy Keane’s retelling of the Alex Ferguson three-word team(...)

Volvo’s third-quarter operating profit fell following drop in US demand for heavy trucks. Photograph: iStock

Volvo’s third-quarter operating profit fell 4.7 per cent as a downturn in demand for heavy trucks in the United States outweighed a programme to reduc(...)

Dixons Carphone said group underlying revenue rose 4 per cent in the 13 weeks to July 30th.

Consumer electricals and mobile phone retailer Dixons Carphone beat forecasts on Thursday with a 4 per cent rise in quarterly sales and said it had s(...)

Sterling symbols on the Bank of England floor: the currency fell below $1.29 on Monday, the lowest level since July 11th and down 0.2 per cent on the day.

Sterling has hit a three-year low against the euro, with the UK currency trading above 87p against the euro on Monday. A string of key UK economic da(...)

The Bank of England: its announcement that interest rates would remain unchanged caused the FTSE 100  to fall back from a fresh 11-month high during the session to finish 15.9 points down at 6,654.47. Photograph: Chris Ratcliffe/Bloomberg

European shares slipped from a three-week high yesterday after the Bank of England surprised investors by keeping interest rates on hold. The pan-Eu(...)

Some analysts said oil could face further downward pressure

Oil prices slumped by more than 6 per cent on Friday after Britain voted to leave the European Union, raising fears of a broader economic slowdown tha(...)

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