China's economy grew by a greater-than-expected 8.7% in 2009 - putting the country on course to overtake Japan as the world's second biggest economy.

KRAFT'S largest shareholder, Warren Buffett, condemned the company's proposed £11.9bn takeover of Cadbury as a "bad deal" yesterday, saying he felt "poor" as a result, reports The Independent.

Swiss Re has sold part of its US life insurance business to Warren Buffett's Berkshire Hathaway for 1.3bn Swiss francs (£778m).

Peter Hollis, head of the European equity team and a partner at Baillie Gifford, is leaving the company in April 2011.

BRITAIN will have emerged from its deepest recession since the second world war when official data is released later this month, with the economy showing modest growth in the fourth quarter after 18 months of contraction, according to a respected economic...

US shares fell in early trading on the back of interest rate concerns following the Chinese Central Bank's decision to increase its inter-bank rate for the first time in four months.

The Dow Jones opened trading in the red on the back of disappointing employment figures showing the number out of work increased to 84,000 in December.

F&C Investments has selected Calastone's cross-border transaction network to carry its open architecture range of funds - joining Aviva Investors which signed up yesterday.

Russia is set to launch a series of government bonds in an effort to close its budget deficit - marking the first time the country has tapped the bond market for a decade.

Aviva has acquired US equity manager River Road Asset Management as it looks to grow its institutional business and expand in the US market.