Morgan Stanley announced Tuesday former Chancellor Alistair Darling will join the bank's board of directors.

One of the world's most famous gun-makers, Smith & Wesson, nearly triples its profits in three months to October compared to a year earlier.

Postal Savings Bank of China raises $7bn from 10 domestic and foreign investors ahead of an initial public offering next year.

Asian stocks head lower as falling oil prices continue to hurt energy-related shares and cut into investors' confidence.

The British Chambers of Commerce cuts its UK economic growth forecasts, blaming weaker-than-expected trade and manufacturing.

Widespread improvements to trains in the north of England and Scotland are promised with the announcement of new contracts for two rail franchises.

The US clothing billionaire and keen environmentalist Douglas Tompkins dies in a kayaking accident in southern Chile aged 72.

The chief executive of money broker ICAP tells the BBC that the UK "can thrive" outside the European Union.