Pensions offer rejected by Unite
Unite rejects the government's final offer on public sector pensions for NHS workers and warns strikes could continue into the Olympics......
Euro declines over banking fears
The euro drops to its lowest rate against the dollar in 16 months as concerns continue over the health of Europe's banks......
Service sector growth 'buoyant'
Activity in the UK service sector grew in December at its fastest rate since July, according to the purchasing managers' index......
Oil refiner in bank credit freeze
Petroplus Holdings, Europe's largest independent oil refiner, sees its shares fall 40% after lenders freeze credit facilities worth $1bn......
Swiss bank head denies wrongdoing
Swiss National Bank head, Philip Hildebrand, denies any "legal breaches" resulting from his wife's currency trades and says he will not resign......
Shell closes its pension scheme
Anglo-Dutch oil giant Royal Dutch Shell is to close its final-salary pension scheme to new employees in the UK......
Mortgage rationing 'to get worse'
Home buyers are likely to find it even harder to obtain a mortgage in the coming months, the Bank of England has revealed......
US service sector growth quickens
The pace of the US service sector's growth picks up in December, according to the Institute of Supply Management......
Mercedes-Benz sees sales record
German carmaker Daimler says that it sold a record number of Mercedes-Benz cars in 2011......
Waitrose has 'strong' Christmas
Waitrose says it has had a "strong" Christmas after reporting a 3.8% rise in like-for-like sales......
Action pledged on tax avoidance
Nick Clegg and David Cameron pledge to do more to stop tax avoidance by big companies - as the PM also pledges to "kill off" the health and safety culture......
Hungary's forint falls to new low
The Hungarian forint drops to a new record low against the euro as the country scales back a debt sale and continues talks over a bailout......
China airlines shun EU carbon tax
China's biggest airlines will not pay a new European Union tax aimed at cutting carbon emissions, their trade body says......
'Cash for scrap' could be banned
Britain's 5bn-a-year scrap industry is facing tougher regulation as part of a government crackdown on metal thefts, the BBC learns......
Trading 'improving' at JJB Sports
Retailer JJB Sports reports better sales over Christmas, but says overall sales are still falling......
Clinton Cards has tough Christmas
Clinton Cards reports a small increase in sales for the last five weeks of 2011, but says the retail climate was "tough"......
Singapore ministers face pay cuts
Singapore's highly-paid ministers face pay cuts of up to 51% after a recommendation from a government-appointed committee......
Microsoft celebrates death of IE6
Microsoft cheers the demise of its browser while Google appears to have broken its own rules to promote its browser......
'No saving' in upping pension age
The government will make no savings by raising the public sector pension age to 67, says a pensions consultancy......
Websites 'undervalue old laptops'
Websites offering to buy your old laptops are not offering good deals, according to a Which? investigation......
Tax changes 'will hit families'
Families with children will be hardest hit by the government's tax and benefit changes aimed at cutting its deficit, a charity argues......
Greek PM warns of March default
Greek prime minister Lucas Papademos says Greece may default on its debts in March unless unions accept further cuts to salaries......
Eurozone service downturn slows
The economic downturn in the eurozone slowed in December, according to a closely watched survey, but a recession is still likely......
Fed to publish rate projections
The US Federal Reserve says it will publish regular interest rate forecasts in an effort to improve transparency at the central bank......
Boss admits Tata Nano 'mistakes'
The head of India's Tata Group admits mistakes were made with the launch of the world's cheapest car but insists the Tata Nano is no flop......
Paypal's Thompson to head Yahoo
US web portal Yahoo names Scott Thompson, president of online payments firm Paypal, as its new chief executive......
Nestle says it will leave Croydon
Confectionary giant Nestle announces that it is moving its headquarters from south London to West Sussex after more than 40 years......
VIDEO: PM gets tough on tax avoidance
David Cameron has said he wants to do more to stop tax avoidance by big companies......
AUDIO: Millions work unpaid overtime
The TUC told Radio 5 live about the billions of hours that employers are working as unpaid overtime......
AUDIO: Top tips on joining the gym
Jason Freeman from the Office of Fair Trading and money saving expert Martin Lewis give their tips on joining the gym......
AUDIO: What next for Clinton Cards?
Bryan Roberts from Kantar Retail told Radio 5 live if Clinton Cards could be optimistic about its future......
AUDIO: 'Striking' revelations on pension reform
Some independent research suggests the increase in retirement age from 60 to 67 for public sector workers might not save much because the benefits eventually available are more valuable than they are now......
VIDEO: Will the euro survive 2012?
HARDtalk's Stephen Sackur asks a panel of economic experts about the eurozone's prospects for 2012......
VIDEO: Fast bank payments to be introduced
A new European law rules that bank payments must go through by the next day......
AUDIO: Clegg: 'No-one planned' for EU isolation
Deputy Prime Minister Nick Clegg has urged the UK to re-engage with Europe and called for more action on tax avoidance in the first of the Today programme New Year leader interviews......
Motor industry adjusts to 'car usership'
Why own a car when all you want is transport?.....
The financial costs of a divorce
How to manage your finances during a divorce.....
Investors eye resourceful Burma
Burma offers wealth for both its people and for investors.....
The great confidence gap
Why are business leaders bullish in bad times?.....
Fat profits: Business embraces big people
Business embraces big people......
Libya's long road to recovery
Libya needs entrepreneurs to help its economy grow.....
Will China's property bubble burst?
China's property fervour begins to cool.....
U.S. Day Ahead: Jobs report could be blah or stun
Jan. 5 - A range of polls show that U.S. non-farm payrolls could come in at an anemic 150,000 for December or surge past expectations......
U.S. Day Ahead: Jobs report could be blah or stun
Jan. 5 - A range of polls show that U.S. non-farm payrolls could come in at an anemic 150,000 for December or surge past expectations......
What's at stake: Strait of Hormuz by the numbers
Jan. 5 - With millions of barrels of oil and oil product flowing through the Strait of Hormuz every day, Iran's threat to shut down traffic could have a big impact on world trade......
Swiss bank chief won't quit over trade
Jan. 5 - Swiss National Bank Chairman Philipp Hildebrand says he won't resign over a controversial currency trade made by his wife three weeks before he oversaw moves to impose a cap on the Swiss franc. Bobbi Rebell reports......
Trading at Noon: Wall St. falls on European debt concerns
Jan. 5 - U.S. stocks are down in choppy trading after concerns over the euro zone's debt crisis overshadowed data suggesting a solid U.S. economic recovery......
Stocks focus on euro jitters
Jan. 5 - Summary of business headlines: Services sector report disappoints, Private sector jobs increase; Retail sales up but at a price. Bobbi Rebell reports......
Europe Day Ahead
Jan. 5 - A look at Friday's key events including U.S. non-farm payrolls, Nicolas Sarkozy meeting Mario Monti and easyJet traffic figures......
Kurds to stay clear of Iraq sectarian strife - President
on Iraq's sectarian strife......
UniCredit shares fall steeply again
Jan. 5 - UniCredit shares suffered a second day of steep falls following the launch of a heavily-discounted 7.5 billion euro ($9.8 billion) rights issue and it's not the only European bank experiencing tough times. Hayley Platt reports......
No let up in sight for euro - Reuters poll
monthly poll of FX analysts sees a weak euro continuing; yen strength and dull sterling......
Italian shoppers seek sale bargains
Jan. 5 - Consumers in Italy hit the shops for the first day of the winter sales, taking advantage of discounted prices, as Italy faces welfare and labour market reforms as part of an austerity plan. Joanna Partridge reports.....
Debt fears linger after French auction
Jan. 5 - Yields on French long-term bonds rose on Thursday at its first auction of the year as the threat of a cut to the country's AAA credit rating prompted investors to demand higher returns. Ciara Sutton reports.....
U.S. Morning Call: Stock futures slide on EU debt concerns
Jan. 5 - U.S. stock index futures are down as European financial stocks fall over debt woes, and Congress is stepping up its probe of credit rating agencies in connection with the collapse of MF Global......
Reuters Breakingviews: 2012 another rocky year for euro zone
Breakingviews......
UK service sector shows strong growth
Jan. 5 - 2011 ended on a positive note for UK service providers as activity and new work rose at their strongest rates since July according to the latest CIPS/Markit PMI......
Green and mean at India's Auto Expo
Jan. 05 - Fuel sippers line up alongside muscular SUVs at India's biennial Auto Expo. Arnold Gay reports......
Inside the News: Reuters Exclusive: EU bans Iran oil imports
has learned that European governments have agreed to ban imports of Iranian oil in a big blow to the economy months before scheduled elections......
Buyers take the bait at tuna auction
Jan. 5 - A 269 kilo tuna sells for a record sum in the first auction of the year at Tokyo's Tsukiji fish market. Paul Chapman reports......
Breakingviews: China running out of steam in Year of Dragon
Breakingviews......
West seeks Iran oil embargo, Asia seeks way out
Jan. 05 - International pressure mounts on Asia to stop buying Iranian oil, but countries like China and South Korea are so far resisting sanctions that threaten their economies. Tessa Dunlop reports......
France passes bond auction test, but euro hits new lows
Jan. 5 - France sells 8 billion of bonds, but bank worries hit the euro. Hungary's financial malaise deepens, while the pool of buyers of Iranian oil dries up......
Diet resolutions boost business
Jan. 4 - New Year's resolutions to lose weight and exercise more lead to a boost in business for diet companies and fitness centers - with proven results. Jill Bennett reports......
G-zero and the end of the "9/11" era top 2012 risks: Bremmer
Jan. 4 - Eurasia Group president Ian Bremmer discusses the biggest risks facing the markets in 2012 and says the next phase in the middle east and the post-9/11 environment pose the greatest uncertainty......
U.S. Day Ahead: Deep discounts set to eat retailers profits
Retail Analyst Jharonne Martis says December same-store sales should rise by 3.4% driven by deals. However, she warns this could be a double edged sword for companies......
Yahoo names new CEO, now what?
Correspondent Alexei Oreskovic on what Yahoo's hiring of PayPal President Scott Thompson as CEO means for the internet search giant......
Reddit Traffic Doubled to 2 Billion Per Month Over Last Year
Reddit.com, the wildly-popular online community, received 2.07 billion pageviews in December 2011 alone, capping a year in which the site&s traffic doubled the hits it received in 2010......
Australian Dollar Overview - 06 January 2012
Bell FX Currency Outlook: The Aussie Dollar unwound the last two days of gains, hitting a low of 1.0232 against the greenback overnight following falls in European markets and a mixed read on Wall Street......
Super Bowl 2012: Indianapolis Invites Visitors for Weeklong Celebration
You don&t need a ticket to Super Bowl 2012 to experience the excitement in Indianapolis......
U.S. Apartment Vacancies Decline to 2001 Levels: Reis
U.S. apartment vacancies dropped to 5.2 percent in the fourth quarter, a 10-year low, as more Americans chose renting over buying, according to real estate research firm Reis......
Nokia Says Solar-Powered Phones May Not be Viable
Solar-power maybe the future of renewable energy but don&t expect Nokia phones to be solar-powered just yet. After conducting tests on phones that can be charged using solar power, the Finnish phone manufacturer decided that solar-powered phones aren.....
New Hampshire Passes Law Allowing Parents to Devise Alternative Curriculum for 'Objectionable' Subjects
In New Hampshire public schools, parents can now request an alternative curriculum for any lesson plan they object to, a move that critics believe undermines educators and disrupts classrooms......
Tuna Auctioned Off for over $US700-Thousand in Tokyo
Its the kind of tuna that only the truly affluent can afford; its nearly a million US dollars, after all. The sale of a bluefin tuna was the highlight in the first auction of the year at Tokyo&s Tsukiji fish market. Caught off north-eastern Japan, th.....
Australian Stock Market Report - Morning - 6 January 2012
According to the ADP survey, US private sector payrolls rose by 325,000 in December - well above expectations for a 178,000 increase and the biggest gain in the 11-year history of the survey. The US ISM services gauge also rose from 52.0 to 52.6 in D.....
What to Expect from 2012's MacBook Pro
Apple has enjoyed a tremendous amount of success for the year 2011 due to the new Apple devices that they have introduced in the market as well as the previous gadgets that were already best-sellers in the market......
Alcoa to Curtail and Close 12% of Production
More than half of the company&s announced cut backs are taking place in the United States. Company officials intend to permanently close its smelting operations in Alcoa, Tenn., as well as two of six idled potlines in Rockdale, Texas......
HTC to Pull Nexus One, Touch Pro, Diamond, Tilt II, Dream, myTouch, Hero and Droid Eris in U.S.?
Apple emerged as the winner in the patent case against Taiwanese-based firm HTC which means that the company was triumphant in placing a ban against 'offending smartphones' in the U.S. starting April 9, 2012......
Apple to pay $5 million to settle patent lawsuit: Elan
Elan Microelectronics Corp, a Taiwanese touch design company, said on Thursday that Apple Inc will pay $5 million as part of a settlement in a patent infringement case......
Intel Reorganizes to Boost Smartphone, Tablet Effort
Intel Corp. announced that the company is consolidating their mobile business division in order to have a competitive advantage in the ever-developing mobile market......
Sony PlayStation Vita Sold Out?
Sony Computer Entertainment announced the release of their next-generation Playstation Vita handheld console......
Scientists Create Time Cloak to Mask Events
Scientists at Cornell University have done the impossible: they&ve managed to bend space time to hide an entire event.....
Pepsi mulls job, pension cuts: report
PepsiCo Inc <PEP.N> is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation......
U.S. Militarys Dream Non-Lethal Weapons Leaked Online
The U.S. military is dreaming of using microwaves, laser beams and high-powered sonar weapons to unleash on its enemies......
Global Markets Overview -06 January 2012
From Morrison Securities Pty Ltd. U.S. stocks turned mostly higher Thursday, with the S&P 500 extending gains into a third day, as an improving labor market helped curtail concern about Europe&s debt troubles......
Are Economic Numbers Lying to You?
Traders have been receiving mixed news from around the globe. While corporate news appears to be increasingly positive in the US, sovereign debt appears to worsen in Europe......
Weight Watchers: Things to Know About the Top Weight Loss Diet of 2012
Weight Watchers was named the best weight-loss diet by the U.S. News and World Report. The diet was also named the easiest to follow and the best commercial diet plan. Here are five things to know about the number one diet for losing weight in 2012......
Bloomberg: City's New 911 Call Center Launched, for $2.1B
A press conference at MetroTech in Brooklyn, Mayor Michael Bloomberg announced a complete overhaul of the current 911 system on Thursday......
AT&T 4G LTE Up and Running in NYC and San Francisco
Only a few weeks after their target date of the end of 2011, AT&T has switched on their 4G LTE network in NYC and San Francisco among other places. Eleven cities got their new systems turned on Jan. 5, and that brings the total number of U.S. cities .....
Justin Bieber Gets Jesus Face Tattoo on Left Calf
Justin Bieber has gotten another Jesus tattoo. The teenage pop star was recently spotted with Christ&s face on his left calf......
Moonlite Bunny Ranch Owner to Open Alien Themed Brothel
Dennis Hof, owner of the Moonlite Bunny Ranch, featured on the HBO show Cathouse, is planning on opening a Sci-Fi themed alien brothel just outside of Las Vegas......
Woodford Gives up Bid to Return as Olympus CEO
The former CEO of Japan&s Olympus Corp, Michael Woodford, said on Friday he is dropping his bid to retake control of the troubled company......
Anonymous Targets New York Officials and Companies [VIDEO]
Anonymous, the leaderless hacktivist collective, has targeted New York&s top officials, companies and organizations as part of one of its latest operations......
Harry Potter Director Chris Columbus to Pen Childrens Book
Chris Columbus, who directed the first two of the eight Harry Potter movies, is steering his ship in a slightly different direction and penning a children&s book......
Senior Syrian Defense Official Defects
Assads regime has thus far spent about $40-million on militias to brutalize the opposition......
GRAINS OUTLOOK
OVERARCHING 2012 THEMES FOR GRAINS: - Enter the year with low ending stocks - Demand for bio-fuels continues - Funds continue to dominate trade - Spring planting rallies so get ready.....
Gay Beauty Queens Vie For Miss California Crown
For the first time in beauty pageant history, not one but two openly gay women are competing for the title of Miss California 2012......
Swiss central bank boss denies insider trading
The embattled head of Switzerland's powerful central bank has denied accusations of insider trading and refused to resign, as he rounded on his opponents for compromising the country's controversial banking secrecy laws.<img width='1' height='1' s.....
Lloyd-Webber's profits fall by 50pc
Lord Lloyd-Webber has seen profits at his theatres and musicals group fall by over 50pc as a tough economy and one-off costs caught up with the business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8f6d9f/mf.....
Total likely to keep Lindsey oil refinery
Total, the French oil major, has said it is likely to keep the Lindsey oil refinery after failing to find a buyer for the plant, which was the scene of a series of strikes in 2009.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Barnes & Noble plan for e-reader split sparks shares slide
America's largest bookstore chain, Barnes & Noble, saw its shares plummet 29pc after the retailer issued a profit warning.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8f6b4c/mf.gif' border='0'/><br.....
Shopping centres track customers with mobile technology
Britain's largest shopping centre owners are all understood to have installed technology that tracks the movement of customers using their mobile phones.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8f6b4d/mf.....
ENRC investors should be the winners as row over Congo mine is settled
For a major legal battle over a disputed copper mine in the Democratic Republic of Congo, the ding-dong between Eurasian Natural Resources Corporation and Canadian rival First Quantum has reached a remarkably speedy end.<img width='1' height='1' s.....
ENRC pays 800m to settle legal row in DRC
Eurasian Natural Resources Corporation, the London-listed Kazakh miner, is spending $1.25bn (800m) to settle a legal row over rights to mine copper and cobalt in the Democratic Republic of Congo (DRC).<img width='1' height='1' src='http://telegrap.....
Shell to close final salary pension scheme
Royal Dutch Shell signalled the end of an era for the UK pensions industry by announcing plans to close its final-salary scheme to new members, making it the last FTSE 100 company to do so.<img width='1' height='1' src='http://telegraph.feedsporta.....
Kodak shares fall on bankruptcy filing report
Wall Street investors dumped shares in Eastman Kodak amid fears that the company which brought photography to the general public is heading for bankruptcy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8f781f/.....
UniCredit warns rights issue investors of euro break-up
Struggling Italian lender UniCredit is warning investors in its 7.5bn (6.2bn) rights issue to be ready for a break-up of the eurozone.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8f7821/mf.gif' border='0'/&g.....
Nick Clegg promises new City bonus clampdown
The City faces a new wave of curbs on bonuses as the Government prepares tough new action on bank pay, Deputy Prime Minister Nick Clegg has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8ad59e/mf.gif' .....
Debt crisis: as it happened - January 5, 2012
Italian borrowing costs back at 'unsustainable' 7pc level on fears over eurozone government debt as France prepares 8bn bond sale and the escalating financial crisis in Hungary weighs on sentiment.<img width='1' height='1' src='http://telegraph.fe.....
Britain must now think through European trade options
Tensions have already risen on both sides of the Channel following David Cameron's recent rejection of any new treaty which did not give the UK reasonable safeguards against damaging new single market and financial services regulation.<img width='.....
Oil prices still have the capacity to shock
Could it be that 2012 won't turn out to be such a disastrous year after all?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8f3686/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal......
Tough race to turn Olympics energy into economic growth
Economists are split about the impact of this year's Olympic Games in London on growth in the UK economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8f3685/mf.gif' border='0'/><br/><br/><a.....
Michael Woodford backs out of Olympus fight
Michael Woodford's long-running efforts to retake the reins of embattled Japanese electronics and medical devices group Olympus have reportedly ended in failure after investors chose not to support him.<img width='1' height='1' src='http://telegra.....
David Cameron says tax cuts will restore business confidence
David Cameron used his first outing of 2012 to tell small business owners that tax cuts and low interest rates rather than government spending will be key to restoring confidence in the economy.<img width='1' height='1' src='http://telegraph.feeds.....
Christmas rescues sales at JJB but profits fall
JJB's future as an independent retail chain was given a boost yesterday, after it posted better-than-expected Christmas trading.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8f5099/mf.gif' border='0'/><.....
Two bidders left in race for 5bn RBS aviation leasing arm
Two of Asia's largest financial group are vying to buy the aircraft leasing business being off-loaded by Royal Bank of Scotland in a deal that could be worth almost 5bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Tullett Prebon warns of fresh cost cuts
Tullett Prebon, the inter-dealer broker headed by Terry Smith, said it expects to embark on a fresh round of cost cuts this year as it contends with the economic downturn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Jaguar Land Rover could make cars in India, says Tata
Indian tycoon Ratan Tata says Jaguar Land Rover could start manufacturing cars in India and China.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8efc42/mf.gif' border='0'/><br/><br/><a href=".....
Debt crisis: Live
Italian borrowing costs back at 'unsustainable' 7pc level on fears over eurozone government debt as France prepares 8bn bond sale and the escalating financial crisis in Hungary weighs on sentiment.<img width='1' height='1' src='http://telegraph.fe.....
Clintons says Britons still sent Christmas cards
Darcy Willson-Rymer, the new chief executive of Clinton Cards, defied City doom-mongers by posting a respectable set of Christmas trading figures.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8ef097/mf.gif' b.....
Credit crunch fears at highest level since Northern Rock collapse
Britain's banks are more worried now about a credit crunch than at any time since the first one brought down Northern Rock in late 2007, a survey by the Bank of England has found.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Surprise jump in UK service sector in December
A surprisingly strong performance from the UK's dominant services sector in December dampened fears the economy is already back in recession.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b8ad5a1/mf.gif' border.....
