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World’s largest fund managers face tougher rules

It will enhance authorities’ understanding of risks to global financial stability posed by the activities of entities in financial markets - Carney.

Alibaba buys $383m stake in film producer

The e-commerce giant has been hunting for entertainment content as China's online video market grows.

Eurozone business growth at seven-month high in Feb

Services firms at most optimistic since May 2011 - Markit's PMI.

SpaceX profitable as Musk pulls in NASA contracts, Google cash

The space exploration company has contracts worth $4.2bn for hauling US astronauts and supplies to the International Space Station.

India’s central bank surprises with post-budget rate cut

Lowered its policy repo rate by 25 basis points to 7.5%

JPMorgan to pay $50m over improper mortgage practices

The settlement includes cash payments, mortgage loan credits and loan forgiveness to homeowners.

Wall Street falls from records, led by technology stocks

Microsoft Corp weighed most on the Nasdaq and S&P 500.

UK’s FTSE falls back from record high as Smith & Nephew slumps

Barclays, Glencore slip after updates.

US cash may last until November with no debt limit hike

Slightly later than a previous forecast.

Apple edges out Samsung in global smartphone sales – Gartner

Apple sold 74.83 million smartphones, Samsung sold 73.03 million.

Sceptical Audi returns to electric sports cars

Revamped R8 e-tron has doubled range to 450 km.

Ecobank wants to fight former CEO’s claims in English courts

After appealing judgments in Ivory Coast and Togo.

What would the Dow look like if it included Apple?

Dow Jones Indices rarely makes changes to the index it owns.

Why Nigeria’s restive oil region will only accept Jonathan

Region's oil produces 95% of government revenue.

Regulators may ask EU banks to find more capital next year

Watchdogs to scrutinise how banks in EU calculate capital buffers.
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