The Bank of Portugal unveils a plan to rescue the troubled lender, Banco Espirito Santo, by splitting it into two banks, with a cash injection for the "good bank".

The forthcoming competition inquiry into the UK's energy companies should also investigate the wholesale gas market, a senior MP is warning.

Homeowners in Europe are more worried about energy bills than paying the rent or mortgage, a survey suggests.

Indian police arrest the chairman of state-run Syndicate bank, Sudhir Kumar Jain, and several others over allegations of bribery.

The troubled Co-operative Group sells its farms business for £249m to health charity the Wellcome Trust.

London Market Report

HSBC profits fall by 12% in the first half of the year, as the bank says it paid out $234m to cover the cost of "customer redress".

Asia's richest man, Li Ka-Shing, is looking to buy into Irish aircraft leasing firm Awas in a deal potentially worth up to $5bn.