By

Effective Monday, ANZ’s variable residential investment property loan index rate will rise by 0.27 percentage points to 5.65 per cent. Fixed rates for new investor home loans will also increase by up to 0.30 percentage points, it added.

Smirnoff and Johnnie Walker drinks giant Diageo is reportedly being investigated by the Securities and Exchange Commission over allegations it tried to artificially boost sales figures by shipping excess inventory to distributors.

Alliance Trust Savings’ assets under administration rose by £800m to £7.2bn, although higher marketing costs ahead of ISA season and the acquisition of Stocktrade meant that the business produced an operating loss of £1.1m. Elliott had pressed for three new directors to...

A court has reversed a decision that would have led to compensation being paid to 43,000 borrowers with the former bank Northern Rock.

The mobile phone operator said first quarter European service revenue continued to recover as prices stabilised and commercial performance improved.

Platinum producer Lonmin Plc -8.43% said on Friday it was planning to close or mothball several mine shafts, putting 6,000 South African jobs at risk, because of depressed metal prices.

The figures provide a boost for Thiam, who is expected to outline his full strategy for the bank towards the end of the year.

The factory output sub-index decreased at a faster rate, falling to its lowest in 16 months.

Mitsubishi said in a statement that it has been reviewing the structure of its global production, including in North America, but “there has been no decision made regarding it at this moment”. In 2014, it built 1.26 million vehicles.

Spain’s unemployment rate dropped in the second quarter as the eurozone’s fourth-largest economy added 411,000 jobs from the previous three months, amid an accelerating pace of economic growth ahead of the job-intensive summer tourism season.

Ladbrokes, the beleaguered gambling company, has agreed a £2.3bn merger with Gala Coral to create Britain’s biggest bookmaker. The combined business, which will be listed on the stock exchange and called Ladbrokes Coral, will have a market capitalisation of £2.3bn. It will...

Union Pacific shares have fallen 18 percent since the beginning of the year, while the Standard & Poor’s 500 index has climbed nearly 3 percent. During the same quarter last year, the company posted $1.43 earnings per share. The heightened volatility saw the trading...

Dish Network has confirmed reports that the FCC intends to withhold $3.3 billion in credits that Dish’s bidding partners obtained in this year’s AWS-3 spectrum auction. Verizon (NYSE: VZ), for example, told the FCC in April that it thought Dish and its two DE partners...

Australia’s financial intelligence unit, AUSTRAC, is taking wagering and keno operator Tabcorp to court, claiming that Tabcorp has failed to comply with anti-money laundering and counter-terrorism financing laws.

Amazon is adding to its offerings through Amazon Prime.