Business Blog

Woman wins £337m in divorce case

The American wife of London financier Sir Chris Hohn, Jamie Cooper-Hohn, is awarded £337m by a High Court judge in a divorce case.

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Scotland 'should set income tax'

The Scottish Parliament should have the power to set income tax rates and bands, the body on strengthening devolution recommends.

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GLOBAL MARKETS-Oil slumps to four-year low as OPEC shuns output cut

* Oil hits $70 a barrel as OPEC shuns cut* European shares buoyed by ECB bond-buying hopes* French 10-yr govt bond yield hits 1 percent for first time* Asian shares edge up, helped by stimulus around the worldBy Marc JonesLONDON, Nov 27 (Reuters) - Oil hit four-year lows around $70 a barrel on Thursday and commodity currencies were sent tumbling, as OPEC resisted the temptation to cut back product
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German jobless rate hits record low

Germany's unemployment rate has hit a record low of 6.6%, but falling inflation has raised eurozone deflation fears.

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China told $6.8tn in investment ‘wasted’

Stimulus moves and lack of oversight blamed as abandoned projects and ‘ghost cities’ mar landscape

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European Parliament votes to split Google

The European Parliament has voted to break up Google and weaken its dominance across the region.{MBD} {IMAGE}{MBD} {IMAGE}

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