Author: KMFSLLP

Boris Johnson, the front-runner in the race to become Britain's next prime minister, increased his support among lawmakers in the fourth round of the Conservative Party leadership contest on Thursday.

Three contenders led by Boris Johnson remain in race to be next prime minister

Sri Lankan shares hit a more than one-week low on Thursday due to profit taking and continued foreign fund outflows from the island nation's risky assets, while the rupee ended weaker on dollar demand from importers. ** The benchmark stock index ended 0.37% weaker at 5,372.37, its lowest closing level...

* Iberdrola shifts to short-term gas supply from LNG contracts

A major city in western China tightened property purchase rules on Thursday, making it more difficult for home buyers who may be taking advantage of an aggressive policy attracting graduates to bypass existing curbs.

Government says backing helped to maintain 47,000 British jobs

Car auction group BCA Marketplace is in talks with private equity firm TDR Capital on a 1.91 billion pounds ($2.43 billion) buyout offer, sending the WeBuyAnyCar owner's shares up almost 25%.

Department stores suffer as internet sales grow fast

Central bank expects growth to drop to zero in the second half

Russian President Vladimir Putin said on Thursday that the fate of 24 Ukrainian sailors held in Russia since last year should be tied to the release of Russians held in Ukraine that Moscow wanted to be freed.