Equities

GlaxoSmithKline, the UK's largest pharmaceutical group, has agreed to sell one of its businesses to rival Novartis, in a deal which will see it return billions of pounds to shareholders.

The Co-operative group has reported a record loss for the bank of £2.5bn after a "disastrous year" during which its banking division and the wider group came close to collapse.

Fortune favours the cautious when it comes to investing in China

Sector report: Will Europe be 2014’s standout market?

Google shares moved sharply lower in after-hours trading following a disappointing update, with the negative sentiment that has blighted the sector showing no sign of abating.

Hargreaves Lansdown has said Neil Woodford's new fund management venture could provide a further boost to its business after it reported record net inflows of £1.83bn for the first quarter.

Groundbreaking social network service Facebook is set to expand into financial services, according to reports.

The Investment Management Association (IMA) is planning an industry standard for how fund groups disclose turnover costs, it has emerged.

The Nasdaq index suffered its worst day since 2011 yesterday, dropping over 3% as investors continued to switch out of technology and biotechnology holdings.

Jupiter has reported net inflows of almost £550m in Q1 as new investment trust business and continued retail flows bolstered AUM.