US stocks retreat ahead of Fed decision

Bund yield slides to record low

Bank of Cyprus raises €1bn in share sale

Wilbur Ross and EBRD to take part in fundraising

Diageo to write down Chinese spirit stake

Sales hit by Chinese government’s anti-extravagance drive

Cross-border IPOs surge in first half

Capital raised doubles to $25.7bn as groups tap foreign investors

S&P 500 retreats from record high

Dollar hovers near five-month peak

BSkyB: channel stuffing

Pay-TV operator with pan-European ambitions is trying to focus on three screens at once

Lead jumps to highest in eight months

Recent rally in base metals prices shows no sign of ending

Bookies lose on UK gambling tax proposals

William Hill and Ladbrokes slide after Labour suggests levy

Shares surge as Goldman buys stake for clients

Sign of growing confidence in Portuguese lender

Capita tops London leaderboard

FTSE 100’s rally cools after one of best trading days of 2014

Long-term returns boosted by illiquidity

The less liquid a stock, the better it will perform over time

McDonald’s profits dip on falling US sales

Financial woes of bank’s owners hit home

Inevitable fire sale puts pressure on empire’s prized asset

Spain’s export-led recovery loses momentum

Trade deficit is ballooning again, rising 80 per cent

Champagne on ice for Europe’s carmakers

Rate increases will test the market mood

Once the Fed raises rates in earnest it could be painful

UK media lifted by M&A upsurge

Norwegian Air Shuttle hit by higher costs

Low-cost airline posts third consecutive quarter of losses

Energy: The indispensable country

The US shale revolution has averted the threat of a global oil crisis

Rate worries push UK housebuilders lower