Industrialist pulls out of buying Tata plant

Gary Klesch cites high energy costs and cheap Chinese imports

UK starts process of selling RBS stake

Initial tranche of £2bn of shares to be placed with institutions

SFO probes Soma payments to Mogadishu

Group denies wrongdoing amid scrutiny of up to $580,000 oil deal

Commodities take centre stage in Asia

Equities pressured with oil in the spotlight amid China worries

Pimco’s Total Return ETF probed by SEC

Wells Notice from regulator relates to securities valuations

Greece PMI

Athens stock market falls on reopening

Sell-off hits as data show plunge in manufacturing activity

EU unimpressed by UK migrant complaints

Other member states face far greater pressures from refugees

HSBC agrees Brazilian sale as profits rise

Increase of 10% beats analyst expectations

Tube workers to strike over night service

Walkout set to start on Wednesday evening

GSK rehires suspected China whistleblower

Vivian Shi rejoins company almost 3 years after she was removed

Nokia Navteq Software probe data in Berlin

Carmakers agree €2.8bn Nokia Here deal

Acquisition is attempt to head off Silicon Valley rivals

Comment & Analysis

A dystopian welfare state funded by clicks

What was a publicly funded safety net will become private but free services, writes Evgeny Morozov

Europe’s banks need coherent business mix

Investors want to see a long-term plan, not a list of operations

Why gold has lost its shine for investors

Metal has not reacted to events that would usually push up price

Best comments from our readers

"I am not convinced that this makes the UK more vulnerable at all. It was plain old lending to customers that did for Northern Rock, HBOS and Bradford and Bingley. Perpetuating the myth that we imported that bit of the financial crises doesn't help the narrative at all. Yes our banks were exposed but not by the lack of knowledge of investment banking,"
By Kurtosis on Barclays and Britain wave goodbye to the big time

"The world has come to expect their software to be free and that mistake is costing them their privacy. Microsoft is facing serious competition from Apple and Google and this is a perfectly sound business decision on their part (for now)."
By Peregrine Park on Windows 10 hit by privacy concerns

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