Spain’s strongest bank a family affair

Banca March HQ in Palma, Mallorca Photograph: MONTSERRAT T.D EZ/EPA It calls itself a “family bank”, but not because it is after the money of mums, dads or baby-boomers. Banca March, the Spanish bank which topped Europe’s stress tests, actually belongs to a family – the legendary Marches. The bank from the Balearic Islands was [...]

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AstraZeneca advances by 4% after results and Brilinta ruling

AstraZeneca’s chief executive David Brennan announces a doubling of its share buyback programme. Photograph: Mike Finn-Kelcey/Reuters AstraZeneca investors have received a double dose of good news, following strong first half results and US endorsement of its blood thinning treatment Brilinta. The company said it would double its share buyback this year to bn after a [...]

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David Cameron defends comments about Pakistan and terrorism

David Cameron inspects a guard of honour at the Presidential Palace in New Delhi. Photograph: Pedro Ugarte/AFP/Getty Images David Cameron today launched a strong defence of his attack on Islamabad in which he claimed that elements of the Pakistani state are responsible for exporting terrorism abroad. Amid deep anger in Pakistan, the prime minister said [...]

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