Europe's junk debt returns outpace US

Europe's junk debt returns outpace US

Global investors have been rewarded for backing European corporate issuers of junk bonds with returns which now surpass those of most other fixed-income asset classes

UBS ordered to increase capital reserves

UBS ordered to increase capital reserves

Swiss regulator Finma orders bank to increase the amount of capital it holds by 50% to deal with future litigation and compliance risks

Nokia: Finnishing up

Nokia: Finnishing up

Shareholders in the Finnish company have yet to approve the sale of its core devices business to Microsoft. But the market is already re-rating the shares

Tax supermarkets to save high streets

Tax supermarkets to save high streets

Mr Grimsey, the former chief executive of Iceland Foods, called for a 0.25% levy on large retailers in his alternative review into the high street
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