Oil fell back below $80 a barrel today as investors took profits from last week’s one-year high on renewed concerns about the global economy’s strength ... more
Troubled times ahead for British Land, down 4.8p at 467.6p, after main board director and head of retail Andrew Jones and two of his top executives left as exclusively revealed in last week’s Evening Standard ... more
The mining bulls have run ahead of themselves. That is the verdict of Citigroup, which today urged caution in wake of the recent recovery in commodities stocks... more
Earnings at Japan's mightiest companies continue to plunge with Panasonic set to book a $3.9 billion (£2.7 billion) annual net loss, insiders warn, while Hitachi says that its loss will be 700 billion yen for the year to March... more
Banking: Japanese banking group Sumitomo Mitsui Financial, which only four months ago propped up Barclays with a £500 million cash injection, now has to raise money to boost its own balance sheet... more
Banking: Japan's second-largest bank Mizuho Financial Group says its full-year profit will slump 55% due to bad loans and losses on the markets... more
Market reaction: The FTSE 100 opened down almost 158 points today as fears over the collapse of Lehman Brothers outweighed the more positive news that bank of America will buy Merrill Lynch in a $50 billion (£27.89 billion) deal... more
Morning:
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