Banks warn on new global funding rules

Basel regulations will make key equities trades more expensive

Sanctions hit Russia Arctic energy plans

Action over Ukraine has left Moscow’s shale ambitions in limbo

Phones 4U loses contract with Vodafone

Retailer stands to lose a big part of sales with withdrawal

Guerra exits Luxottica with €45m package

Founder Leonardo del Vecchio takes over as executive chairman

Mallya declared ‘wilful defaulter’ by bank

Indian liquor baron opted not to repay loan, says UBI

New Tesco chief vows to rally staff

Lewis promises to restore UK’s largest grocer as customers’ champion

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