RAB Capital loses chief executive following delisting
Charles Kirwan-Taylor has left the firm in the latest development marking the gradual decline of a once-great hedge fund manager.....
Living wills delay brings frustration
Experts warn inconsistencies in resolution regimes across Europe may increase contagion.....
Top ex-3i executives drop plans for fund
Philip Yea, former chief executive at private equity firm 3i Group and senior business adviser to Prince Andrew, Duke of York, has dropped plans to raise a £200m energy-focused fund.....
Sidecar refreshes Duke Street fundraising
UK mid-market buyout firm Duke Street, which has taken longer than expected to hold the first close of its current €850m fundraiser, has launched a sidecar fund for selected investors.....
Are National Grid shares set for pensions bounce?
National Grid has agreed to stump up an extra £705m over the next 15 years to fix the deficit in its £14bn pension scheme.....
Bankers adapt to new M&A market
The mergers and acquisitions departments of investment banks are changing how they work and the services they offer in the hope of stealing a march on rivals ahead of a hoped for resurgence in activity.....
Banks push SSA clients for collateral
Banks are stepping up their efforts to restructure transactions that require them, but not their sovereign counterparties, to post collateral.....
Anger at EUs confusion over securitisation
Bankers have reacted angrily to misleading language in an EU document that suggested asset-backed securities could be approved for use in banks' liquidity buffers.....
Anti-bribery standards vary between managers
Reporting thresholds on gifts and entertainment for fund managers ranging from £25 up to £500 could potentially creating an uneven playing field across the sector, according to Ernst & Young.....
CME eyes second-half launch for rates clearing
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State shares sales hit near-20-year low
Last year was the worst for worldwide privatisations since records began 17 years ago, as countries recoiled from volatile markets and investor appetite weakened.....
Czechs and UK refuse EU agreement
Twenty-five of the 27 EU members agree to sign a fiscal pact setting up stricter rules to try to prevent future debt crises, with the UK and Czech Republic refusing......
Cameron urges RBS bonus restraint
The government will not block bonuses for other RBS executives, after its chief executive waives his award, but David Cameron urges it to show 'restraint'......
France cuts 2012 growth forecast
France cuts its growth forecast for this year to 0.5% from 1% to "take into account the deterioration of the economic situation"......
China loses WTO appeal on exports
The World Trade Organization's appeals panel upholds a ruling that China broke trade rules by restricting exports of some raw materials......
Easyjet's 'gravy train' blasted
Easyjet founder Sir Stelios Haji-Ioannou denounces executives at the airline over their "fat cat bonuses"......
Megaupload data deletion worries
A letter from the US Attorney's Office prompts concern that Megaupload users' data may be deleted......
Ryanair reports 14.9m euro profit
Ryanair reports a net profit of 14.9m euros ($19.6m; 12.5m) in the last three months of 2011, thanks to higher fares and better weather conditions......
Music rights firms target users
Two business are urging wedding video makers and other users to pay for music licences before adding clips to the web......
House prices fell by 1.3% in 2011
House prices in England and Wales fell by 1.3% last year, to an average of 160,000, according to figures from the Land Registry......
Weak European demand hits Philips
Dutch group Philips Electronics reports a 160m euro ($210m; 134m) net loss for the fourth quarter of 2011, hit by weak demand in Europe......
UBS 'rogue' trader denies charges
Alleged rogue trader Kweku Adoboli pleads not guilty to two charges of false accounting and two of fraud while working for Swiss bank UBS......
Starbucks to open stores in India
Starbucks unveils plans to open its first India stores, in a joint operation with Tata Global Beverages......
Sarkozy sets out 'Robin Hood' tax
French President Nicolas Sarkozy announces the introduction of a tax on financial transactions, as the presidential election looms......
Teaching union backs pension deal
The ATL teachers' union backs the government's revised deal on pensions in a ballot......
Spain airline suddenly collapses
Spain's fourth-largest airline Spanair collapses, leaving more than 20,000 passengers stranded across Europe and Africa......
Iran seeks to halt some oil sales
The dispute between Iran and Western economies escalates after Tehran says it will stop oil sales to some countries......
Elderly 'hit as social care cut'
Spending on social care for the elderly is falling this year - despite the assurances of ministers, an analysis by campaigners suggests......
Spain's economy contracts by 0.3%
The Spanish economy shrank by 0.3% in the fourth quarter of 2011, amid expectations that Spain will fall into recession this year......
Greece budget veto 'impossible'
Athens rejects outright German proposals for an EU power of veto over the Greek budget, with a minister threatening to quit over the issue......
Facebook 'prepares to go public'
Facebook will begin the process of becoming a publicly-listed company this week, valuing the social networking site at between $75bn and $100bn, reports suggest......
Bangladesh signs India power deal
India and Bangladesh sign a deal to build a plant to address Bangladesh's power shortages, despite opposition from environmentalists......
India football auction hits $7m
India holds its first auction of football players, ahead of a league competition that hopes to mirror the success of the IPL cricket tournament......
Tube workers reject Olympics deal
The RMT rejects an offer of a 500 bonus for Tube workers on shift during the Olympics......
VIDEO: RBS boss rejects 1m bonus
Royal Bank of Scotland chief executive Stephen Hester will not take his near 1m bonus, the BBC has learned......
AUDIO: Politicians taste 'first blood' on bonuses
Robert Peston, Sir Philip Augur, group managing director at Schroders, and Nick Robinson analyse RBS chief executive Stephen Hester's decision to waive his 1m bonus......
AUDIO: Hague: UK will not block eurozone
Foreign Secretary William Hague has said he is not currently planning on standing in the way of the new eurozone fiscal pact countries using EU institutions......
VIDEO: Strike brings Belgium to a halt
Trains, buses and trams were at a standstill and protesters blocked several major roads on Monday as unions in Belgium held their biggest strike in nearly two decades......
AUDIO: Bonus culture: 'Enough is enough'
Labour's business spokesman Chuka Umunna reflects on the decision of RBS boss Stephen Hester not to take up his bonus of shares worth one million pound......
VIDEO: People favour cap on bosses' pay
A poll by the High Pay Centre suggests most people favour a cap on bosses' pay......
VIDEO: Living like London's super-rich
London has always attracted the super rich - even with a global economic downturn, the city is still benefitting, as BBC's Aaron Heslehurst has been finding out......
How do countries run their state banks?
How do other countries run their state banks?.....
Davos 2012: A year of worries
The mood, parties, optimism and doubts at Davos 2012.....
The Chinese challengers to Sotheby's and Christie's
Sotheby's and Christie's face new Chinese rivals.....
Home comforts can be hard to find for the expat
Coming home can be the hardest posting for roaming professionals.....
Protest and power: Alternative voices at Davos
Alternative views on how to fix the world economy.....
What drives US entrepreneurship?
What drives American entrepreneurship?.....
Tech is key to Philips' healing
Healing technology aids financial health.....
U.S. Day Ahead: Amazon's 2012 outlook will be key
Tech Reporter Alistair Barr says Wall Street will focus on Amazon's 2012 outlook when the online retail giant reports fourth-quarter results after the close......
EU leaders agree on bailout fund
EU leaders have reached an agreement at a summit on the introduction of a permanent euro zone bailout mechanism from July 2012. Sonia Legg reports.....
Stocks shake as Greek talk stall
Jan 30 - Summary of business headlines: Wall Street starts lower on tough talk between Germany and Greece; ABB buying Thomas Betts; U.S. consumer spending flat in December. Conway G. Gittens reports......
Trading at Noon: Wall St. led lower as banks extend losses
Jan. 30 - U.S. stocks extended losses, with all three major indexes falling more than 1 percent, as concerns grew about the state of Europe's finances......
Jobs on EU agenda as Spain slides
Jan.30 - European Commission president Jose Manuel Barroso says youth jobs are a priority, as the Spanish economy looks set to slip into a long recession. Ciara Sutton reports.....
U.S. debt market could be in for "major accident": Camp
Jan. 30 - Eagle Asset Management's James Camp says that while U.S. treasuries are getting a bit of a break due to Europe's debt concerns, he expects yields on the 10-year could fall as low as 1.5%......
EU leaders debate Greece and growth
Jan.30 - EU leaders discussed how to reconcile austerity with growth at their first summit of the year, but the meeting was overshadowed by worries about Greece's unresolved debt restructuring talks with its private bondholders. Joanna Partridge repo.....
Europe Day Ahead: Confidence ebbs as debt concerns grow
Jan. 30 - Europe's sky high sovereign debts return to centre stage as leaders hold their 17th summit in two years......
Morning Briefing: Germany, Greece wrangle over budget
Jan. 30 - Greece and Germany spar over budget measures for Athens as European Union leaders prepare to sign off on a permanent rescue fund for the euro zone......
ECB slashes bond buys despite renewed Portugal attack
Jan. 30 - The ECB cut its bond purchases to almost zero last week despite renewed market attacks on Portugal. Daiwa Capital Market's Chris Scicluna says Lisbon is almost certain to require a second bailout......
Opposition slams Sarkozy's growth plans
Jan.30 - France's Socialists have poured scorn on French President Nicolas Sarkozy's plan to hike VAT as yet more austerity that will hit the poor. Ciara Sutton reports.....
General strike paralyses Belgium
Jan. 30 - Belgium's general strike against a government austerity plan halts transport and closes schools and businesses. Lindsey Parietti reports......
Philips profit halved as Europe falters
Jan.30 - Philips Electronics reported a 45 percent fall in fourth-quarter core profit on Monday to 503 million euros, in line with the company's own forecast earlier this month, and said it was cautious on prospects for 2012, especially in Europe. Ha.....
U.S. Morning Call: Stock futures off, changes at BofA, Citi
Jan. 30 - U.S. stock index futures are pointing to a lower open on Wall Street. Bank of America shakes up leadership at its investment bank, and Citi chairman, Richard Parsons considers giving up his position......
Three bad fairies at euro feast - Reuters Breakingviews
Breakingviews editor Hugo Dixon......
Reuters Breakingviews: RBS crisis should prompt pay re-write
Breakingviews......
EU leaders gather in Brussels for a summit supposed to focus
Jan. 30 - EU leaders gather in Brussels for a summit supposed to focus on jobs and growth......
Philips CEO on Q4 earnings
Jan. 30 - Philips CEO Frans van Houten says he is looking outside Europe for growth after reporting a 45% decline in core profits......
Belgium feels bite of 24-hour strike
Jan 30 - Belgium at a standstill as a 24-hour strike in protest against government austerity measures takes effect. Paul Chapman reports......
China soccer looks abroad for stars
Jan. 30 - Will superstars like former Chelsea striker Nicolas Anelka give China's corrupted game a free kick at redemption? Critics say no. Jane Lanhee Lee......
China's returning migrants workers face bleak prospects
Jan. 30 - Migrant workers in China return to work after the Lunar New Year holidays, but face layoffs as demand for their exports fall. Arnold Gay reports......
Market Pulse: Italian yields fall after auction
Jan. 30 - Italy's 10 year borrowing costs fall as Rome passes a key test of demand for longer dated paper......
Debt crisis: live
French president Nicolas Sarkozy says the Czech PM won't sign up to the financial stability treaty, already vetoed by Britain, and that a deal on Greece's debt could be agreed in 'days'.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
BlueCrest set for $200m IPO of BlueTrend fund
BlueCrest Capital, one of Europe's most famous hedge funds, is set to launch a $200m (127m) IPO for its computer driven hedge fund BlueTrend.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c44b68e/mf.gif' border.....
Taxpayers lose 900m as RBS shares fall
Value of shares in RBS and Lloyds falls amid fears backlash against bonuses will damage their performance.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c44b68f/mf.gif' border='0'/><br/><br/><.....
Is the West finished? Perhaps not quite
For me, the defining image from Davos this year was the sight of Christine Lagarde, managing director of the International Monetary Fund, holding up an expensive-looking, designer leather holdall and saying: "I am here with my little bag to collect a.....
Portuguese storm gathers as EU leaders fight over Greece
Surging borrowing costs in Portugal have raised the spectre of a second full-fledged contagion crisis in the eurozone, eclipsing the latest efforts by European Union leaders in Brussels to agree on Europe's bail-out machinery and a strategy for Greec.....
Fuel poverty protesters occupy British Gas offices
Fuel poverty activists occupied British Gas' offices this morning, in protest at 'profiteering' by the Big Six energy companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43f01e/mf.gif' border='0'/><.....
Cameron accused of 'appeasing' Nick Clegg over EU veto as Conservative MPs start to plot
David Cameron was accused of "appeasing" his deputy Nick Clegg by performing an about-turn on Britain's veto against closer ties among eurozone countries tonight.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c.....
'Ponzi' fraud businessman faces jail sentence
A businessman accused of being the mastermind behind an alleged 100m 'Ponzi' scheme was warned he faced a jail sentence after admitting charges of fraud and deception.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Drug makers Astra and Glaxo join Gates Foundation in tropical illness fight
Pharmaceutical giants including AstraZeneca and GlaxoSmithKline pledged drugs and scientific expertise to the largest co-ordinated effort yet against illnesses such as leprosy and sleeping sickness.<img width='1' height='1' src='http://telegraph.f.....
Tax troubles take their toll on bookmakers
Bookies came under the whip as City scribes flagged up the potential for higher taxes on the sector when Chancellor George Osborne unveils his Budget in March.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b.....
FTSE 100: Banks and miners lead blue-chip fallers as traders eye Greece
High street lenders and heavyweight miners dragged the benchmark index into the red as the absence of a bond deal in Greece unnerved investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c405d9c/mf.gif' bord.....
SThree moves up jobs 'food chain'
Recruitment specialist SThree is attempting to move upmarket and widen its jobs spread to cushion a business slowdown after achieving a 40pc jump in profits last year and handing shareholders a 108pc dividend boost.<img width='1' height='1' src='h.....
Austerity Britain pigs out on pork
Austerity Britain has swapped beef for pork, causing sales of the white meat to jump, according to Cranswick.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b1f7/mf.gif' border='0'/><br/><br/>&.....
Americans save more after rise in pay
Americans' savings rate jumped to a four-month high in December, as consumers took advantage of a rare increase in incomes to put more money away.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c43b1f8/mf.gif' b.....
Abramovich's Highland Gold misses production goal
Highland Gold, the precious metals group part owned by Roman Abramovich, the billionaire owner of Chelsea Football Club, missed its 2011 production target, sending its shares down 5pc.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Ryanair fares surge after planes grounded
Ryanair has delivered some cheer to shareholders after raising the estimate for its annual profit, helped by higher ticket prices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c4348b9/mf.gif' border='0'/>&l.....
Tax returns: confusion reins as HMRC advertisements stick to old deadline
The taxman is continuing to advertise January 31 as the deadline for submitting tax returns despite announcing a two-day extension last week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c430259/mf.gif' border.....
HMRC keeps families waiting an extra week for child benefit
Families are being left waiting for their child benefit because the taxman is processing their claims too slowly, it has emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c42a147/mf.gif' border='0'/><.....
Agent Provocateur sales boosted by US First Lady Michelle Obama
Michelle Obama has risked the wrath of cash-strapped Americans by indulging in a $50,000 shopping spree at Agent Provocateur.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c3c70da/mf.gif' border='0'/><br/.....
Hester bonus row will release a flood of Labour hypocrisy
There are more important things than money, even for bankers. Stephen Hester's decision to forego his bonus reveals the, not unsurprising fact, that even thick-skinned businessmen like him know when they are beaten.<img width='1' height='1' src='h.....
Leaked EU draft treaty in full
<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c41879f/mf.gif' border='0'/>.....
Britain's decision to drop opposition over use of EU institutions for fiscal pact sets 'worrying precedent'
Britain's decision to drop its opposition to the use of the European Courts of Justice to enforce a eurozone fiscal pact sets "worrying precedent", MPs and campaigners have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Newton-Jones to leave Shop Direct
Mark Newton-Jones, the chief executive of Shop Direct, the country's largest catalogue and online retailer, has announced that he is to leave the company "to seek new challenges."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Cheaper mortgages for first-time buyers
Yorkshire Building Society has cut the interest rate on its first-time buyer deals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c40bbf7/mf.gif' border='0'/><br/><br/><a href="http://da.feeds.....
Ed Miliband: Labour forced RBS bonus to be dropped
The Labour leader says his party's threat of a Commons vote was the driving force behind Stephen Hester's decision to waive his 1m bonus from RBS.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1c40bbf9/mf.gif' b.....
