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Survey shows UK financial sector employment rebounds

LONDON (Reuters) - Britain's financial services sector took on new staff in the first quarter with more gains expected, a business survey said, signalling that a prolonged period of job losses may be ending. The survey from the CBI employer's lobby and consultancy PwC said sentiment in banking improved for a second straight quarter and employment grew by 2,000 in the three months to March. The same number of new jobs is expected in this quarter.

Chinese make record foreign investments in 2012: PwC

Foreign mergers and acquisitions by Chinese investors set a record last year, while domestic purchases marked a pause, a study released on Wednesday by the accounting firm PwC showed on Wednesday. PricewaterhouseCoopers put total Chinese investment abroad in 2012 at $65.2 billion, an annualised leap of 54 percent, a statement said. The number of investments declined slightly meanwhile to 191 transactions from 206 deals in 2011, but they still represented one-third of all Chinese investments, the statement said. PwC forecast another record this year.
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