Twitter has reported a net loss of $645m (£396m) for 2013, just three months after its flotation on the New York Stock Exchange.

Fund research group Rayner Spencer Mills Research (RSMR), has placed four of its rated funds ‘under review' due to changes in fund managers.

Advisers accused by clients of mis-selling investments face being named on a ‘watchlist' launched today by a claims management firm.

OUTDATED

Tax avoiders who try to use complicated schemes to cut their bills could face huge penalties after a landmark legal case.

Lloyds Banking Group says it is increasing its provision for the mis-selling of payment protection insurance (PPI) by another £1.8bn, bringing the total to nearly £10bn.

Treasury Select Committee chairman Andrew Tyrie has written to the Financial Conduct Authority chief executive Martin Wheatley calling on the regulator to do more to crack down on poor practices in banks linked to sales incentives and remuneration.

Templeton Emerging Markets group executive chairman Mark Mobius on the vagaries of market volatility - particularly in emerging markets - and why we need to get used to it

CHINA

Friends Life has launched a ‘master trust' to help employers offer a pension scheme which has the governance of an independent trust-based arrangement.