Labour: PM losing trust over shares row
Labour says David Cameron’s admission he owned shares in an offshore fund set up by his late father has undermined trust in him and he must be “straight” with people.
US oil surges to $39.72, up about 8 pct for week
U.S. oil prices jumped over 6 percent on Friday, posting their largest weekly gain since February.
Libor accused says he was obeying boss
A former Barclays banker accused of manipulating Libor, a key benchmark interest rate only did what he was told to do by his boss without realising it was wrong, a court has heard.
Model 3 demand raises key question for Tesla
Will Tesla need to raise billions of dollars to expand its capacity?
Romania sells ex-dictator’s luxuries
Romania sells off more luxuries from the vast collection of communist dictator Nicolae Ceausescu and his wife, executed in 1989.
Investors approve Marriott Starwood deal
Shareholders of both Marriott and Starwood Hotels – owner of the Sheraton and W brand hotels – approve the tie-up of the two hotel chains.
Panama Papers’ firm co-founder: We didn’t know!
Juergen Mossack, co-founder of the firm at the center of the Panama Papers, said he didn’t know associates of top politicians were using his company.
Tata windfall from carbon permits
Tata Steel is refusing to comment on claims it has made £700m windfall profits from a policy designed to protect the climate.
Sam Woods appointed as new PRA chief
Sam Woods is appointed as a Bank of England deputy governor and head of the Prudential Regulatory Authority, which oversees the banking sector.
Trump and Berlusconi are similar: Professor
Donald Trump and former Italian Prime Minister Silvio Berlusconi share similar characteristics, according to one academic.