Economics / Markets

Swip head of international equities Michael McNaught-Davis believes the possibility of slipping back into a global bear market has increased to 40% in recent weeks.

The Dow Jones has rebounded from yesterday's sharp fall as positive news emanating from China and Spain outweighed disappointing US economic figures.

David Cameron has hinted he is preparing a climb-down on raising capital gains tax (CGT), after the planned move stoked open rebellion from his own party.

Institutional shareholders owning up to 15% of Prudential are preparing to write to the chairman telling him they will oppose the insurer's $35bn takeover of AIA.

Updated 11.20am: The FTSE 100 is up more than 100 points in early trade, despite weaker news from the US overnight with the Dow closing below the 10,000 mark.

Warren Buffett, chief executive of Berkshire Hathaway, will testify next week before a US panel on the role of ratings agencies in the financial crisis.

Banks must be taxed to end forever the 'unacceptable' bail-outs which cost taxpayers billions, the EU's chief financial regulator says.

The Dow has opened in positive territory after a sense of calm was restored to world markets following yesterday's dramatic falls.

The FTSE opened more than 60 points higher Wednesday after hopes of rising demand in China offset fears Europe's debt crisis could hamper global growth.

Schroders' Andy Brough believes an eventual collapse of the euro would not be the Doomsday event many fear and could be the best scenario for many nations on the Continent.