Business Blog

First Great Western is to be offered a new franchise which could last up to four-and-a-half years, the Department for Transport announces.

* MSCI All-Country World index hits six-month low* Benchmark on track for third straight weekly loss* Brent crude at lowest level since Dec 2010* Investors fret about global slowdown as Fed stimulus endsBy Francesco CanepaLONDON, Oct 10 (Reuters) - Global shares fell to a six-month trough and Brent crude futures tumbled to their lowest since 2010 on Friday as investors worried about the prospect o

Asian shares fall back, following big losses on Wall Street, as concerns about the health of the global economy worry investors.

* MSCI All-Country World index hits 6-month low* Benchmark on track for third straight weekly loss* Investors fret about global slowdown as Fed stimulus endsBy Francesco CanepaLONDON, Oct 10 (Reuters) - Shares across the world fell sharply on Friday, pushing a global index to a six-month low, as investors worried about the prospect of a widespread economic slowdown while U.S. monetary stimulus nea

Severn Trent Water, based in Coventry, announces 500 job cuts in a restructuring programme.

Malaysia's CIMB Group Holdings Bhd and two smaller domestic lenders have agreed to create the country's biggest banking group, in a deal that financial sources say will value the merged entity at around USD 22 billion.