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Global equities slump on falling copper prices and mounting concerns over Turkey

There was a sea of red on the global markets as a toxic combo of a strong dollar, falling copper price and concern over Turkey's crisis and slower Chinese growth hit investor sentiment.

Admiral Group profits rise supported by European, UK insurance businesses

Admiral Group said Wednesday first-half statutory pre-tax profits rose as its UK and European insurance businesses performed strongly.

Belfour Beatty profit jumps as margins strategy bears fruit

Belfour Beatty reported Wednesday first-half profit jumped, as it cut costs and focused on better quality work to boost margins.

RBS pays £3.6bn to settle US misconduct probe

Royal Bank of Scotland said it had agreed to pay $4.9bn (£3.6bn) to settle a US Department of Justice investigation into the bank's mis-selling of mortgage-backed securities before the financial crisis.

Riverstone Energy NAV up 0.6%; mulls potential capital return

Energy company investor Riverstone Energy increased its net asset value per share by 0.6% in US dollar terms during the first half.

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