United Kingdom

Currency-Hedged Funds: Hot, But Overhyped

The success of WisdomTree Japan Hedged Equity Fund has put the spotlight on currency-hedged funds, but the long-term data shows little benefit. More 

Group of Retirees to Get Kodak’s Iconic Film Business

Eastman Kodak has sold its camera film business to the U.K. Pension Plan in exchange for eliminating $2.8 billion in pension debts. More 

News Corp. Reaches $139M Settlement Over Phone Hacking

News Corp. has settled a shareholder lawsuit over lapses in its corporate governance for $139 million, which will be funded through insurance claims. More 

GlaxoSmithKline Accused of Paying Off Competitors

British regulators claim that GlaxoSmithKline paid generic drug makers to delay the inroduction of generic versions of its Seroxat drug to the U.K. market. More 

British Bank Stocks: 2 to Buy, 1 to Sell

Despite struggle and scandal across the pond, a survey of big British banks reveals a few solid selections in the sector ... and one clear name to avoid. More 

MasterCard Faces Investigation Over Fees

The European Commission has launched an antitrust probe of cross-border and premium card fees charged by MasterCard in Europe. More 

Verizon, AT&T Consider Biggest Takeover in History

A report that Verizon will partner with AT&T to acquire British wireless carrier Vodafone sent the U.K. company's shares up in Tuesday trading. More