Last week’s $47 billion offer by British American Tobacco PLC for full control of Reynolds American Inc., if accepted, could give the London-based giant a chance to catch up in a technological race that is reshaping the industry.
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More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis.
The British pound rose sharply after the Scottish independence vote indicated Scotland would remain in the United Kingdom, while Wall Street's overnight gains and Alibaba Group's red-hot initial public offering underpinned Asian shares.
Social media accounts and internet downloads should be considered part of a person's estate and be included in wills to be handed down as inheritance.
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