Thomas Cook hits travel stocks

Lower guidance and chief executive’s departure hits sector

European shares hit two-month high

Seadrill shares fall as offshore rig operator suspends dividend

The bull case for European equities

QE could leave stocks with further to rally than euro has to fall

American bulls in charge

Prospect of higher rates has not deterred US equity investors but there are signs of complacency

David Stevenson, MFT Byline.

A crowded market, but promising

Crowdfunding remains almost exclusively UK-based

Investors keep trimming inflation hedges

Investors pull $17bn from commodity index products

CFTC warns on US benchmark regulation

Chairman says EU rules could force tougher benchmarks oversight

Quindell logo

Anonymous Quindell short-seller revealed

Web of Cayman shell companies lead back to Tiger Global

Job Moves: who is hiring and where

The latest job moves and coverage of people making the news in the world’s financial capitals

Areva shares hit after targets suspended

Nuclear group issues warning after Finnish and Japanese problems

Tractor manufacturers feel the pinch

Farmers cut back on equipment spending amid falling incomes

Dollar goes into reverse as euro rallies

Brent rebounds from four-year low

Corporate buybacks fuel all-time highs

When will buybacks buy something that is too expensive?

Mixed picture of active fund performance

UK and European funds have beaten benchmarks

Sterling bulls pull in their horns

From early July peak, pound has fallen almost 8% against dollar

Europe attracted by US derivatives pull

Rise in interest rates trading and credit default swaps clearing to the States

MPS to seek up to €2.5bn in rights issue

Shoring-up exercise approved in wake of ECB stress tests

Risk-return relationship has been upended

Increasing use of benchmarking distorts markets, study suggests

Asia takes wind out of Chicago’s sails

Region drawing attention away from Chicago as exchanges tap new customers, especially in China

LSE to launch midday stock auction

UK exchange to debut intraday auction in late 2015