1. Barclays is set to pay at least another $100 million to resolve allegations it abused foreign exchange markets through its electronic trading platform by next month, according to the Financial Times
2. The UK's remaining coal-fired power stations will be shut by 2025 with their use restricted by 2023, Energy Secretary Amber Rudd has announced.
3. UK Mail profits slump after August profit warning hurt by inefficiencies in its new automated hub and lower contribution from its largest parcels unit. Pre-tax profits fell to £2.2 million, from £12 million in the same period last year.
4. The value of the British space industry could rocket to £40 billion in the next 15 years, creating 100,000 new jobs in the process, but the government risks holding the sector back with restrictive regulations and insufficient investment according to the Institution of Mechanical Engineers (IMechE),City AM reports.
5. France's Air Liquide announced Tuesday that it will acquire Airgas of the United States for $13.4 billion to build the world's largest industrial gas company.
6. Walmart, the world’s largest retailer reported a $3.3 billion third-quarter net profit, down from a year earlier but significantly better than expected. Its share price rose by as much as 4 per cent.
7. The new “national living wage” will push up wages at more than half of all employers, forcing many of them to seek savings through improved productivity, according to a major survey, the Guardian reports.
8. Japan's securities watchdog is likely to recommend Toshiba Corp be fined about 7 billion yen ($57 million), a source familiar with the matter said on Wednesday, in what would be a record in the country for accounting-related violations.
9. Investors poured $6.6 billion into Chinese tech sector in the first half of 2015 from $1.3 billion in 2013, according to a new report by PricewaterhouseCoopers
10. Apple's year-old mobile-payments service is expanding to more countries, banks and merchants, as it faces growing competition and some challenges before it becomes as commonplace as plastic cards.
