Franklin Templeton is to close two of its UK OEICs and merge away two others following a review of its UK domiciled fund range.
The US Attorney General has filed a civil antitrust action against Apple and a number of publishers, accusing them of colluding to sell e-books for higher prices.
Thousands of British pensioners in Spain have been duped out of their money by unscrupulous financial advisers, according to an investigation published today.
James Murdoch is to step down as chairman of UK satellite broadcaster BSkyB, but will remain on the board.
Kames Capital is to waive the performance fee on its £65m UK Equity Absolute Return fund for the rest of the year, and will cut it in half from 2013 onwards.
Frances Hudson, global thematic strategist at Standard Life Investments, on lessons unheeded from the 2008 financial crisis.