Man Group is planning to cut more than 10% of its workforce over the next six months following its takeover of GLG Partners.

HOW TO BE A CONTRARIAN

The Federal Reserve is set to embark on a programme of measured quantitative easing next week, avoiding the ‘shock and awe' system used during the financial crisis.

Billionaire investor George Soros has donated $1m in support of legalising marijuana in the stricken US state of California.

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Gilt yields have spiked strongly today after the UK recorded twice the expected growth in the third quarter.

Inflation fears appear to be rising in the US after the Treasury issued its first ever negative yield government bond.

The UK's economy grew at 0.8% between July and September, higher than most economists had expected.

The future succession of Warren Buffett at Berkshire Hathaway took another twist yesterday after the billionaire hired a 39-year-old hedge manager to his investment team.

Billionaire investment guru Warren Buffett says it will be a "sad day" when Goldman Sachs unwinds his profitable $5bn position in the banking giant.