The new make-up of the FTSE has dealt another blow to Britain’s banks which have seen their profitability squeezed

For the first time in a decade, Britain’s financial sector has lost its status as the largest component of the UK’s prestigious index of blue-chip sto(...)

European Central Bank executive board member Benoît Cœuré: some viewed his remarks as a sign the ECB, which holds a policy meeting next week, could put pro-bank measures in place. Photograph: Tobias Schwarz/AFP/Getty Images

European shares finished higher yesterday after a volatile day of trading, with banks making their fifth straight day of gains after previously suffe(...)

Garzweiler opencast lignite – or brown coal – mine, operated by RWE, in Garzweiler, Germany.  Photograph: Martin Leissl/Bloomberg
Planet Business

Image of the week: Excavation at dusk Lights illuminate giant excavators as they operate at dusk at the Garzweiler opencast lignite – or brown coal(...)

An Australian court has ordered Nurofen’s UK owner to stop selling several versions of the popular painkiller that were identical to its standard ibuprofen pills but nearly twice as expensive.

An Australian court has ordered Nurofen’s UK owner to stop selling several versions of the popular painkiller that were identical to its standard ibup(...)

Craig Farrell, who has been appointed managing director of ZenithOptimedia. (Photograph: Conor McCabe)

Core Media, the largest media-buying agency in Ireland, has appointed Craig Farrell as the managing director of the Dublin-based ZenithOptimedia. Mr (...)

Nestle: Swiss company’s shares rose 3.5 per cent to 74.70 Swiss francs. Photograph:  Fabrice Coffrini/EPA

Nestle, the world’s biggest packaged food company, posted better than expected first-half sales growth and stuck to its 2015 forecast, despite a recal(...)

Reckitt will combine operations in Russia and the former Soviet countries with its Europe and North America business, and combine Latin America and Asia with the Middle East and Africa

British consumer goods maker Reckitt Benckiser announced a cost-cutting plan yesterday to adapt to markets that have become more competitive in the fa(...)

Rolls Royce: results out on Friday.  Photographer: Krisztian Bocsi/Bloomberg
For your diary

TODAY Results: Hasbro. Indicators: Euro zone Sentix investor confidence (Feb); US labour market conditions index (Jan); German trade balance (Dec) and(...)

Irish TV viewing figures in 2014 were unchanged on 2013

The nation’s fondness for watching television continued unabated in 2014, with figures compiled by Nielsen for industry ratings body Tam Ireland sugge(...)

Stock trading. Reckitt was fined for breaches of listing, disclosure and transparency rules

Britain’s financial regulator has fined Reckitt Benckiser for not informing the market properly about share trading by two senior executives in the la(...)

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