Global stock markets are appreciating sharply today on news China is likely to end its currency peg with the US dollar.

Anthony Bolton's Fidelity China Special Situations trust has issued a further 11 million shares, primarily to assist trackers wishing to buy the vehicle following its admission to the FTSE 250.

Jupiter shares have opened at 190.25p on the first day of full trading on the London Stock Exchange, a 15% increase on its offer price.

Fidelity International, one of the largest investors in Prudential, is calling for the resignation of chairman Harvey McGrath.

Invesco Perpetual head of investments Neil Woodford says it is 'reckless' to believe BP's $20bn compensation package will mark the end of the oil giant's worries.

BP is trying to raise $50bn to cover the cost of the Gulf of Mexico disaster, while the oil giant is also preparing to sue a partner in the Deepwater Horizon rig.

Russian President Dmitry Medvedev believes the Gulf of Mexico spill could lead to the "annihilation" of oil giant BP.

Santander, Spain's biggest bank, is the sole remaining bidder for the 318 Williams & Glynn branches being offloaded by Royal Bank of Scotland.

Collins Stewart has acquired Surrey-based IFA and private client wealth manager Andersen Charnley for an initial £5m.

Fidelity's Tom Stevenson discusses the ‘distressing' element of today's unemployment figures and why the Chancellor is walking a tightrope ahead of the Budget.