Energy firms hit with £39m penalty
Regulator Ofgem imposes record £28m penalty on power generator Drax, while InterGen faces an £11m payout, for missing energy saving obligations
France paying for past mistakes: Economy Minister
French Economy Minister Emmanuel Macron has placed the blame for the sustained weakness in France with previous administrations.
Curb welfare for migrants or risk EU exit: UK’s Cameron
Britain’s membership of the EU is contingent upon it being allowed to stop migrants tapping into its welfare system, Prime Minister David Cameron will warn Friday.
Early shoppers queue up, analysts see stellar deals
Economists are closely watching whether retailers can entice shoppers to spend during what retailers consider the biggest shopping weekend of the year, the NYT reports.
Pfizer deal would probably have failed: AZ CEO
Pfizer’s attempt to take over AstraZeneca in May would probably have failed after changes to U.S. tax laws, even if the companies had reached a deal.
Why India markets will continue to break records
India markets have made a stunning recovery from last year’s taper tantrum, with the Nifty index at record highs.
Boris Johnson: Google attack won’t impact trade
Boris Johnson, Mayor of London, says he sees no reason why Europe’s issue with Google may jeopardize trade relations between the U.S. and Europe
VIDEO: Will reforms boost India’s economy?
India’s third quarter GDP figures are due out on Friday – and could indicate whether the prime minister’s recent reforms are bearing fruit.
Will OPEC bankrupt US shale producers?
OPEC’s contentious decision to keep its production target could trigger a wave of debt defaults by U.S. shale oil producers, warn analysts.
VIDEO: Opec keeps oil output at current rate
Oil exporting nations agreed to keep pumping oil at its current levels – a move that sparked new falls in the price of oil. What will be the effect in Asia?