VENTURE CAPITAL POST

Factory activity in Europe and Asia cooled in August after a strong July, as new orders dwindled in the face of escalating tensions in Ukraine and a patchy recovery in China, purchasing managers indexes showed.

The UK government is mulling on rule changes that would make it easier for small and medium-sized businesses (SMBs) to obtain funding from alternative financiers and new banks.

The Bank of England's record low interest rates were doubted after an unexpected dissent from its policymaker and its robust jobs data.

For the first time in over six years, activity in the services sector in the UK grew to its fastest pace.

Prices of world shares and commodities rose Thursday, suggesting recovery in the global economy.

Britain pressured Twitter to get tough on online abuse.

Vue Entertainment sells bonds for LBO funding

UK stocks rose to their highest in 6 months

Asian stocks were swept up by Europe's rally while Euro continued to sulk.

Because of the strong commitments to European Central Bank and Bank of England's easy money policies, Japan's Nikkei share average soared to a five-week high.

The Monetary Policy Committee would keep the quantitative easing and benchmark interest rate unaltered as the new governor tries to drive UK away from financial problems.

Barclays may need to cut down on lending to comply with the Bank of England's leverage ratio requirements.

Mark Carney, the bank of England's new governor was urged to set aside GBP1 billion for small businesses to ais in UK's recovery.