China initiative seeks fund managers of tomorrow
Dutch seed capital provider IMQubator and Hong Kong-based Synergy Fund Management have joined forces to find future hedge fund managers in China.....
Investors unite to boost their power in the boardroom
Some of the UK's largest investors are banding together to discuss how to make more impact when engaging with companies over governance issues.....
Anger erupts over vague pension reforms
The pensions industry has condemned as vague and unhelpful a consultation exercise from the European Commission designed to introduce rules on solvency.....
Pulled initial public offerings hit record levels
Chief executives and investment bankers were forced to cancel or postpone a record volume of initial public offerings last yea.....
JP Morgan fund hits rock bottom
JP Morgan's £2bn global natural resources fund finished 2011 as the worst-performing specialist fund of its type.....
Dollar disappointment for European SSAs
Debt capital markets bankers are concerned that months of volatility in the European sovereign sector have closed the dollar market to European sovereign, supranational and agency issuers.....
Ex-Eton Park partner plans fund launch
A former partner at Eton Park International, the London arm of $14bn hedge fund firm Eton Park Capital Management, is preparing to launch a new hedge fund.....
Council staff reject pension plan
Leaders of the Unite trade union have rejected the suggested changes to the local government pension scheme, outlined in December......
Blacks Leisure and La Senza sold
Outdoor clothing retailer Blacks Leisure is sold to JD Sports for 20m, while 60 shops and 1,100 staff of lingerie chain La Senza are saved......
Increase in US consumer borrowing
US consumer borrowing in November saw its biggest rise in a decade, the Federal Reserve says, in a further sign that the economy is improving......
Swiss central bank chief resigns
The chairman of the Swiss National Bank, Philipp Hildebrand, resigns in the wake of allegations of currency trades made by his wife......
HMV reports Christmas sales slump
Troubled retailer HMV reports a sharp fall in sales for the Christmas period but notes a slowing in the decline of its music and film business......
Hundreds of SeaFrance jobs to go
Ferry firm SeaFrance is to shed 127 jobs in the UK and hundreds more in France after it is liquidated by a French court......
Merkel: Greece debt deal urgent
A deal with Greek bondholders must come soon for Greece to receive a vital second bailout, Germany's Chancellor Merkel says......
Investors seeking havens for cash
Investors pay negative yields in the latest German bond auction - effectively paying Germany for the privilege of lending to it - as investors look for safety......
Shares in Rangers are suspended
Shares in Rangers Football Club are suspended from trading on the Plus stock exchange for failing to file accounts on time......
Fraud levels 'increased in 2011'
Reported fraud in the UK broke the 2bn barrier in 2011 but this is dwarfed by the levels under the radar, an accountancy group says......
Rolls-Royce sales hit new record
Rolls-Royce Motor Cars, which is owned by BMW, reports a 31% rise in sales during 2011 to a record 3,538 cars......
Nigeria paralysed by fuel strike
A strike in Nigeria over the removal of a fuel subsidy and soaring petrol prices brings the country to a standstill, as three die in clashes with police......
Morrisons reports sales slowdown
Supermarket chain Morrisons reports a slowdown in sales over the Christmas period and warns of a tough 2012 for retailers......
Taxi firm issues profit warning
Manganese Bronze, which makes the distinctive London taxi, says it made no profit in 2011 and could fall short of expectations for the current year......
German exports ahead of forecasts
German exports increased by 2.5% in November, reaching 94.9bn euros, the country's Federal Statistics Office says......
Banks to face reviews on capital
Checks on banks in the EU, US and Japan are to begin early this year to see how well they are implementing rules on capital, central bankers say......
Credit union reforms introduced
New rules come into force which will free up credit unions in the UK to compete more effectively with banks......
New loans in China beat forecast
China's lending and money supply grow at a faster pace than expected as the country relaxes its credit restrictions......
Olympus considers suing directors
Olympus is considering suing its executives after an accounting cover-up at the firm calls into questions corporate governance in Japan......
S Korean fund gets China go-ahead
South Korea's largest pension fund, the National Pension Service (NPS) gets approval from authorities to invest in Chinese securities......
AUDIO: 'We need to talk up our economy'
Simon Atkinson, of Ipsos Mori, and chief executive of North East Chamber of Commerce, James Ramsbotham, discuss a survey of British business leaders.....
VIDEO: SeaFrance goes into liquidation
Ferry firm SeaFrance is to shed 127 jobs in Dover after it was liquidated by a French court and told to cease activity......
VIDEO: Rolls-Royce posts record sales
Rolls-Royce has reported the highest sales in its 107 year history......
AUDIO: Level of fraud increased in 2011
Simon Bevan from BDO told Radio 5 live that the retail sector had the highest amount of fraud......
AUDIO: Tackling bosses bonus bubble
Business editor Robert Peston analyses whether measure to curb executive pay gets to the heart of concerns over excessive salaries......
VIDEO: Branson: We can shake up banking
Virgin Money takes charge of Northern Rock on Monday, the bank which came to symbolise the financial crisis when it had to be bailed out with billions of pounds from the taxpayer......
VIDEO: Cameron: Growth to come from start-ups
The prime minister expects growth in the UK to come from start-ups, he has told the BBC's Andrew Marr......
VIDEO: Netflix streaming launches in UK
As CD and DVD sales decline, the US streaming business Netflix is due to launch in the UK......
Cadillac goes glitzy at Detroit
GM's latest model aims to compete with German rivals.....
Brazil's economy marching to samba beat
Brazil continues its economic march.....
Hungarians despair of political class
Hungarians have good reasons to be fed up.....
New York gyms spur MMA business, attract fighters
Jan. 9 - Mixed marital arts fights are not legal in New York, but training and equipping for these contests are not unlawful, spawning a growing business in the Big Apple and attracting fighters......
U.S. Day Ahead: Geithner's China trip may yield no oil block
Global Oil Forum Editor David Sheppard says China is unlikely to give up Persian crude despite Treasury Secretary Geithner heading to Beijing to discuss Iranian sanctions......
GM's moment to shine
Jan. 9 - The number one U.S. automaker rides into 2012 with its first increase in market share since 2002. Now it's hoping the new Cadillac ATS will help it boost share in the luxury market - just like it has successfully done with the compact car ma.....
Romney's Bain Capital comes under fire
Washington correspondent Andy Sullivan walks through Newt Gingrich's attacks on Bain Capital, co-founded by rival Mitt Romney, and its investment in a bankrupt Kansas City steel mill......
Swiss central bank chief quits over deal
Jan. 9 - Swiss central bank chief Philipp Hildebrand has resigned in the face of growing criticism of a controversial currency trade made by his wife in August. Sonia Legg reports......
Ford CEO: U.S. vehicle sales could top 14.5 million in 2012
Jan. 9 - Ford CEO Alan Mullaly says the U.S. economy might grow three percent this year. He adds this could drive up total vehicle sales to around 14.5 million units......
Markets anticipate earnings
Jan. 9 - Summary of business headlines: Markets await earnings; Auto makers gather in Detroit; Campaign ad spending on track to hit records. Bobbi Rebell reports......
Merkel tells Greece to speed up debt deal
Jan. 9 - German Chancellor Angela Merkel and French President Nicolas Sarkozy met for the first time this year to discuss boosting growth and jobs in the crisis-hit euro zone, and also warned Greece to speed up debt restructuring. Joanna Partridge re.....
Netflix launches in UK and Ireland
Jan. 9 - The video subscription service Netflix is launching in the United Kingdom and Ireland with a streaming only service, taking on Amazon-owned rival Lovefilm which still offers DVD rentals through the post. Matt Cowan reports.....
Renault-Nissan sales could see slight drop in Europe
Jan. 9 - Renault-Nissan CEO Carlos Ghosn says the automaker's sales could drop three percent in Europe due to the ongoing debt crisis. He adds though he doesn't see the euro collapsing......
Luxury car sales boost BMW
Jan. 9 - BMW has posted record car sales for 2011 and forecast a boom in luxury cars would keep it ahead of rivals this year. The world's number one maker of luxury premium cars is enjoying strong demand from China and the United States. Hayley Platt.....
Morning Briefing: Detroit Auto Show revs up
Jan. 9 - The Detroit Auto Show opens for its media preview today with the U.S.industry on the kind of upswing it has not seen in more than a decade......
U.S. Morning Call: Goldman Sachs partners could see pay cuts
Jan. 9 - Many partners at Goldman Sachs will see their 2011 income cut by at least 50 percent, but will still take home between $3 and $6.5 million, according to a Wall Street Journal report......
Enough austerity, it's time for reform: Dixon
Breakingviews Editor Hugo Dixon says semantics could help save the euro zone by distinguishing between fiscal austerity and structural reform......
Financial repression may prove helpful: Dixon
Breakingviews......
Reuters Today: Top stories and analysis for Monday morning
including Merkel/Sarkozy meeting, the Detroit Auto Show and Iran's nuclear bunker work......
Olympus may sue executives for $1.2 billion
Jan. 09 - Japan's Olympus considering suing past and present executives to recover $1.2 billion, president may resign. Arnold Gay reports......
German data boosts euro
Jan. 9 - Strong German trade numbers give the single currency a temporary lift, traders say the currency remains vulnerable to European debt concerns......
Weeding out fake organic food in China
Jan. 09 - China's organic food industry has been muddied by the fakes, but now young entrepreneurs are trying to revive it, one farm at a time. Jane Lanhee Lee reports......
Meme Mediterranean Brings Moroccan Food to West Village
Meme (or M) Mediterranean is a light-dining pleasure squeezed into a section of the West Village overrun with trendy gastropubs and heavy Italian outposts......
Australian Dollar Outlook - 10 January 2011
Bell FX Currency Outlook:The AUD is slightly stronger this morning, currently trading at USD1.0240, despite concerns over the European debt crisis resurfacing once again......
Samsung CES 2012: Galaxy S2 Skyrocket HD Debuts and Galaxy Nexus Comes to Sprint
Samsung announced the Galaxy S2 Skyrocket HD Jan. 9 at the Consumer Electronics Show in Las Vegas along with the AT&T Galaxy Note and Sprint Galaxy Nexus. The Galaxy S2 Skyrocket HD is the sequel to the Galaxy S2 Skyrocket, but with a larger screen, .....
ARSENAL TRANSFER NEWS: Cissokho, Musa and Podolski Still on Wenger's Radar?
Arsene Wenger still has a more than a few weeks to pull off another deal......
Hedge funds had one of worst year's ever in 2011
The final result for 2011 is in: hedge funds posted one of their worst annual performances ever, according to data released on Monday......
Johnny Depp to Ricky Gervais: No One Makes Fun of Tim Allen on My Watch
The UK flop 'Life&s Too Short' will premiere on HBO in February.....
Google Chrome Now World's Top Browser
Google&s Chrome 15 is now the most popular web browser version according to a research done by StatCounter Global Stats......
Lenovo's First Attempt at TV: Smart TV That Has Ice Cream Sandwich
Lenovo announced on Sunday that it would release its own smart TV that will run on Google&s Ice Cream Sandwich operating system. The planned smart TV is Lenovo&s first attempt at making television sets......
Charles Barkley: Weight Watchers Spokesman Calls His Job A Scam
Weight Watchers spokesman Charles Barkley was caught mocking his weight loss program on air during the Miami Heat and Atlanta Hawks basketball game Thursday when he thought the microphone was turned off. 'But the Weight Watchers thing is a bigger sca.....
Sony's Upcoming Portfolio: Smart TVs, PS Vita, and Cloud
Sony will be introducing new TVs, gadgets and its next generation handheld the Sony PlayStation Vita at the Consumer Electronics Show in Las Vegas. The company is expected to reveal new content for its smart TVs at Sony&s press event on Monday at CES.....
Facebook's Zuckerberg and Washington Post's Graham Mentoring Each Other Despite "39-year-age Gap"
One day in year 2005, a young man called Mark Zuckerberg surprised the world with a new concept called social media service. He called it Facebook, which has grown to have a market value of $100 billion now......
CES 2012: Ultrabooks Make a Big Splash
Ultrabooks were slated to be big in this year&s Consumer Electronics Show and both the manufacturers and vendors are certainly proving that. As Acer kicks things off with its announcement of the Acer Aspire S5. Lenovo, Toshiba also revealed their Ult.....
Reds' Barry Lakin Elected to Baseball Hall of Fame
The shortstop was a 12-time National League All-Star and a three-time Gold Glove winner......
Brad Pitt: Why He is Using a Cane Expos
Hollywood actor Brad Pitt has been sporting a new accessory these days. The actor was spotted walking with a cane earlier this week in Los Angeles and also at Palm Springs International Film Festivals Annual Awards Gala. The actor walked the red carp.....
Tim Tebow Breaks Twitter Record: Denver Broncos Win Scores 9420 Tweets Per Second
Tim Tebow&s stunning overtime pass in the Broncos vs. Steelers game Sunday night also broke records in Twitter history. Reaction to the quarterback&s performance reached 9,420 Tweets per second - the most amount of Twitter activity for a sports event.....
BCS Championship 2012 Game: Alabama vs. LSU [LIVE COVERAGE]
The BCS Championship 2012 game is finally here. Alabama faces LSU in a rematch of two highly-touted, equally gifted teams after a hard-fought, low-scoring 9-6 slugfest back on Nov. 5......
Amazon, Indiana strike state sales tax deal
Amazon.com and Indiana Governor Mitch Daniels unveiled an agreement on Monday that may mean that the world&s largest Internet retailer starts collecting sales tax in the state in 2014......
Jack Jablonski, 16, Moves Arms Against All Odds After Severe HS Hockey Injuries
While doctors claimed that Jack Jablonski would never walk again, the 16-year-old high school hockey player, who severely injured his spinal cord during a game, has made great strides in recovery and is already moving his arms......
Beyonce's Baby Girl, Blue Ivy Carter, Welcomed by Famous Stars
Ever since the news of their baby&s arrival broke out, Beyonce and Jay-Z&s bundle of joy has ignited a firestorm of Twitter activity and conversation. The power couple welcomed their first child, Blue Ivy Carter, at Lenox Hospital in New York City on.....
World's Highest-Paid Celebrity Couples (PHOTOS)
Celebrity couples earn millions in a year through contracts, assignments, endorsement deals etc. Check out the world&s highest paid celebrity couples......
Stocks Slightly Higher after European Developments | January 10, 2012.
Asian Markets are set for small rise on opening after U.S. stocks advanced, as European leaders discussed shoring up the regions currency and investors awaited the start of the fourth-quarter earnings season......
Christina Aguilera Talks About Her Body Criticisms
Christina Aguilera may be talked about a lot for her hair, clothes or figure but the only lady coach of the 'The Voice' is totally comfortable in her own skin. Christina said that despite the massive scrutiny, she is happy and her boyfriend, Matthew .....
Kansas City Chiefs Make Short Work of Head Coach Search By Naming Crennel
Romeo Crennel won two of his three games as an interim head coach......
Contortion Entwines Art and Science
The art of contortion creates nearly impossible feats with the human body where toes wiggle next to ears and backs become like bendy straws, but contortionists say that their extreme acts takes practice and some flexibility, not a freak physique......
London gets down to detail after Park handover
London 2012 organisers turned their thoughts to toilet blocks, picnic benches and a million items of sports equipment Monday before taking charge of the Olympic Park that will serve as a stage for the world&s athletes in 200 days& time......
ADHD: 4 Diets Geared to Prevent Hyperactivity in Children
Parents may be able to control ADHD in their children through diet, a new study review concluded Monday in the journal Pediatrics......
Acura NSX 'Supercar' Returns at 2012 Detroit Auto Show [PHOTO]
DETROIT -- Acura is bold, calling it the return of a supercar. If it&s not that, the NSX was certainly the most eye-popping car of the day......
GOP Voters Wish They Had Better 2012 Options
Republican voters have been morose about their electoral options in 2012, and their mood is not improving going into New Hampshire&s primary on Tuesday, according to the Pew Research Center for the People and the Press......
Barry Larkin Enters Hall of Fame, But What About Alan Trammell?
If you look at Larkins and Trammels careers, you will see some startling similarities......
Authorities probe U.S.-China commission email hack
U.S. authorities are investigating allegations that an Indian government spy unit hacked into emails of an official U.S. commission that monitors economic and security relations between the United States and China, including cyber-security issues......
GlaxoSmithKline hurt by new lung drug data
GlaxoSmithKline was laid low on Monday after the results from a late-stage study of its new lung drug underwhelmed investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1baa01be/mf.gif' border='0'/><br/.....
Germany's stance on financial transaction tax risks French rift
Angela Merkel has warned that German support for the financial transaction tax (FTT) is not guaranteed, in a move that could open up a rift with France just days before the next European summit.<img width='1' height='1' src='http://telegraph.feeds.....
Executive pay complaints a diversionary tactic for Coalition uneasy with itself
I wonder if David Cameron has ever read the remuneration report of a FTSE 100 company?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba9fc95/mf.gif' border='0'/><br/><br/><a href="http://da.fe.....
2012 is the year for a snap election
As business is becoming ever more politicised, I thought it might be enlightening to consider what business thinks of the current political situation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba9fc97/mf.gi.....
Can the euro survive another year?
The eurozone debt crisis has started the new year as it no doubt means to go on - with an inconclusive summit, an irrelevant commitment to a financial transactions tax (or Tobin tax), and another bizarrely anomalous event in money markets.<img wid.....
Debt crisis: as it happened, January 9, 2011
Cameron warns Germany may have to accept a big transfer of wealth to weaker southern European nations to address a fundamental lack of competitiveness as Merkel and Sarkozy push for transaction tax.<img width='1' height='1' src='http://telegraph.f.....
Debt crisis: live
Cameron warns Germany may have to accept a big transfer of wealth to weaker southern European nations to address a fundamental lack of competitiveness as Merkel and Sarkozy push for transaction tax.<img width='1' height='1' src='http://telegraph.f.....
Shop Direct sales boosted by iPad shoppers
Shop Direct, the country's biggest catalogue and online retailer, posted an improvement in sales over Christmas, but warned the outlook for the consumer economy was tough.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
A week is long time in retailing, but makes no difference at HMV
"You're barking up the wrong tree," insisted Simon Fox, chief executive of HMV yesterday when quizzed on why HMV had changed the reporting period for its Christmas trading update. It was simply a quirk of the financial calendar - nothing more, nothin.....
Swiss National Bank chief's wife's currency dealings made his position untenable
Less than a month ago the name Kashya Hildebrand would only have been familiar to those in the rarefied world of modern art.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba9fca0/mf.gif' border='0'/>.....
Legal & General agrees 1bn pensions deal with Pilkington
Legal & General and Hannover Re have reached an 1bn agreement to insure Pilkington's staff pension fund against the risk of its members living longer than expected.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
CEOs and their salaries: because they're worth it...?
Fat-cat salaries continue to soar. But do they truly reflect performance, asks Alistair Osborne.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba9d460/mf.gif' border='0'/><br/><br/><a href="ht.....
Alshaya rescues La Senza in pre-pack deal
Alshaya, the middle-eastern retail investor, has stepped in and signed a pre-pack administration deal to rescue 60 of La Senza's 144 high street lingerie stores and 1,100 jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
AstraZeneca mistakenly sends secret data to analysts
AstraZeneca was today compelled to reiterate its financial guidance after confidential information was accidentally sent to analysts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba8f958/mf.gif' border='0'/>.....
Iraq's political troubles drag down Heritage
Fears over the fragile political situation in Iraq weighed on Heritage Oil as City scribblers turned cautious on the oil explorer, which is seeking black gold in the Kurdistan region of Iraq, as well as in Africa.<img width='1' height='1' src='htt.....
Housebuilder Persimmon expects 'top end' profits
Housebuilder Persimmon said annual profits will be "towards the top end" of City expectations, as it reinforced the picture of a sluggish but stable property market.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Detroit Motor Show 2012: US carmakers showcase faith in American drivers
Ford, General Motors and Chrysler sought to showcase their recovery at the Detroit Motor Show, which opened on Monday with a wave of optimism that the American driver is back and buying.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Hundred of jobs lost as SeaFrance goes into liquidation
Almost 130 jobs in the UK are to be lost after ferry company SeaFrance was ordered to shut down.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba71b7b/mf.gif' border='0'/><br/><br/><a href="ht.....
Netflix launch in UK starts price war
Netflix, the American online film and television streaming giant, has finally made its way across the Atlantic - immediately sparking a price war among its UK rivals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
JD Sports buys failing Blacks Leisure
JD Sports has come to the rescue of failing Blacks Leisure, buying all of its shops for 20m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba83e64/mf.gif' border='0'/><br/><br/><a href="http:/.....
HMRC trains 'mediators' for small business tax disputes
HMRC is assessing whether its own inspectors can act as mediators between colleagues and small business owners who feel they are not being treated fairly<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba83e69/mf.....
Morrisons: it was not a champagne Christmas
Shoppers tightened their belts over Christmas, Morrisons warned, as it posted a disappointing set of trading figures and said tough times lay ahead in 2012.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba83e6a.....
StartUp Games to attact firms for Tech City
Some 300 of the "best" international start-ups are to be invited to compete for recognition, soak up the Paralympics atmosphere and stay in the UK<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba7e08c/mf.gif' b.....
Nick Clegg: Britain should sign eurozone treaty
Deputy Prime Minister says Britain should approve the eurozone treaty which was vetoed by David Cameron last month.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba7a369/mf.gif' border='0'/><br/><br.....
Money microscope: Virgin Money Easy Access Saver
We put new savings accounts, mortgages and other products under the microscope.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ba7a370/mf.gif' border='0'/>.....
