Number of hedge funds continues to shrink as launches fall to financial crisis levels
Hedge fund closures in 2016 are on track to hit the highest number since the financial crisis, according to research.
Banks told to combat payment scams
Banks must do more to tackle scams where people are tricked into transferring money to a fraudster, the regulator says.
Monarch airline warns profits will fall 35% this year
UK airline Monarch warns profits will be down sharply this year, amid the “toughest ever” environment.
Drug maker accused of hiking prices by 12,000 percent in the UK
Drug maker Actavis UK broke competition law by raising prices of hydrocortisone tablets by more than 12,000 percent.
Trump’s team is pro-business and pro-bilateral trade, former Reagan aide says
Trump has surprised with many cabinet names but a former White House official says businesses should be happy.
Airbnb for storage?
A group of start-ups think the sharing economy model made popular by Airbnb can work for the storage industry.
Non-OPEC oil producers to cut output 558,000 barrels a day
OPEC has persuaded 11 non-members to cut oil production, a move aimed at draining a worldwide oil glut.
Non-Opec countries agree to cut oil output
Oil-producing countries that are not Opec members agree a global plan to cut output and boost price.
Rex Tillerson of Exxon Mobil expected to be named Trump’s Secretary of State: Sources
President-elect Donald Trump has chosen Exxon Mobil CEO Rex Tillerson as Secretary of State, sources close to the transition process tell NBC News.
Rail penalty fares: Passengers could get new appeals body
Rail passengers facing a penalty fare could soon be able to turn to a new appeals panel in England and Wales.