FTSE 100 insurer did not specify the nature of the difficulties but said they were likely to knock another £70m – or 15 per cent – off operating profits
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
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