Smaller hedge funds reach the end of the road
One in eight hedge funds have earned no performance fees since 2007, as industry faces a wave of impending consolidation.....
UK banks set aside more for Osborne than Darling
Five biggest listed groups made greater provisions for the government's bank levy last year than for the Labour tax on bank bonuses.....
Dragons fail to breathe fire
Investments received from the popular British television show Dragons' Den do not provide the boost that many small businesses hope for, according to research by Financial News......
Concern rises over LTRO repayment plans
Just a week after the second round of LTRO, the ECB has sounded out users of the liquidity facility over how they plan to fund themselves without its support.....
European banks in dark pool rush
Banks are forwarding their plans more quickly than normal in a bid to bring platforms to market before rivals.....
John Lewis pensions head to step down
Former hedge fund manager to step up as investment head of £2.5bn trust.....
Icap calls for regulation of Platts platform
Interdealer broker wants oil price reporting agency regulated like other trade execution platforms.....
Tullett plans to launch electronic FX offering
UK broker's move comes ahead of new rules pushing currency trading derivatives onto platforms.....
Invesco offers chunk of Rock
Invesco Perpetual is offering investors the opportunity to back the re-birth of Northern Rock.....
Metric raises 100m in eight months
Debt manager launched last year by ex-TowerBrook, Terra Firma and Deloitte senior figures has raised a third of its target.....
ICGN urges managers to think long term
The world's largest pension schemes are stepping up pressure on asset managers to take account of long-term risks when making investment decisions......
Aon Hewitt expands top roles after co-chief leaves
Consultants' move comes after departure of co-chief executive last month.....
Top banks to offer collateral upgrades'
Derivatives dealers are hunting fresh commercial opportunities as slew of collateral-intensive regulator nears.....
Euroclear teams up with LCH
Central securities depositary and clearing house to launch collateral trading pool in summer.....
Yahoo sues Facebook over patents
Yahoo sues Facebook over claims that the social network failed to license 10 patents belonging to the web portal......
WTO upholds Boeing subsidy ruling
The World Trade Organization upholds most of its ruling that Boeing received illegal subsidies from the US government......
Suppliers refusing to serve Game
Struggling retailer Game Group confirms that suppliers are now refusing to do business with it, sending its shares down 68%......
Eurogroup eye on Greece and Spain
Finance ministers from eurozone nations are set to discuss Greece's bailout and Spain's deficit at a meeting on Monday......
RBS shareholders plan court move
Shareholders are threatening to launch a multi-billion pound legal action against RBS and the bank's former boss, Fred Goodwin......
BoE's new rules 'groundbreaking''
Bank of England director Paul Fisher says the bank's new financial regulations are "truly groundbreaking"......
Canada smoke firms sued for $27bn
A Canadian class-action lawsuit that could cost three large tobacco companies up to C$27bn (17.4bn) is set to begin in Montreal......
Mortgage scheme boost for buyers
People in England are to be offered help to climb onto or up the housing ladder as the government's new mortgage guarantee scheme launches......
Premier Foods future is secured
The future of Hovis and Mr Kipling-owner Premier Foods is secured as it gains more time to repay 1bn of loans......
OECD sees signs of Europe pick-up
The eurozone shows "tentative" signs of recovery, says the Organisation for Economic Co-operation and Development......
Spotify prepares Germany launch
Spotify launches in Europe's biggest economy on Tuesday. Experts say tensions with the local royalty agency may have delayed the move......
BCC wants rate rise cancellation
The chancellor should use next week's Budget to cancel a planned rise in English business rates, says the British Chambers of Commerce......
Aviation plea on EU carbon price
Seven European aviation companies write to political leaders warning of the impact of a controversial carbon emissions trading scheme......
Volkswagen forecasts record sales
Volkswagen says sales could hit a record in 2012 as strong growth continues in emerging markets......
Swatch and Tiffany in legal fight
Swatch and Tiffany are suing each other following the collapse of their joint venture last year......
China reports large trade deficit
China posts its largest trade deficit in at least a decade after imports of commodities jump as firms build up supplies......
India factory output grows 6.8%
India's factory output grows by 6.8% in January from a year earlier, easing concerns about a slowdown in its economy......
Sarkozy threat over open borders
President Nicolas Sarkozy tells a campaign rally that France will withdraw from Europe's open borders agreement unless illegal immigration is tackled......
India reverses cotton export ban
India reverses a ban on cotton exports just six days after announcing the policy, following outrage from farmers......
Taylor Swift is pop's top earner
Country star Taylor Swift beats Adele and Lady Gaga to be named the top-earning pop act by Billboard magazine......
Larry King show set for Ora.TV
Larry King is to host an interview show on Ora.TV, a new TV channel financed by the Mexican billionaire Carlos Slim......
Swiss say no to longer holidays
Voters in Swiss referendums reject proposals for longer annual leave but agree to install "sex boxes" for prostitution in Zurich......
GKN 'planning Volvo engine deal'
GKN is reported to be in advanced talks to buy the aircraft engine unit of Volvo for 800m......
Far East and America eyeing Ibrox
Parties on the American continent and Far East express an interest in buying Rangers, claims their administrator......
AUDIO: Why no women in bank boardrooms?
Charles Elvin from the Institute of Leadership & Management told BBC Radio 5 live about the male-dominated banking culture......
VIDEO: Game 'at end of queue for rescuers'
The high street shops Game says it is in danger of collapse today after several suppliers refused to provide it with new big selling games......
VIDEO: Egg prices up after battery ban
Food industry experts have warned that egg prices are set to rise dramatically after an EU ban on battery hen cages came into force......
VIDEO: Housing scheme boost for buyers
A new scheme is being launched to help people in England buy new homes and to kick start the housing market. Under it, three of the main high street banks will loan up to 95% of the value of the home to buyers......
VIDEO: Airlines warn of rising prices
The UK's biggest airlines are warning that families are facing taxes of up to 500 when they go on holiday......
Will sun still shine for Germany solar power
What next for Germany's solar power industry?.....
Countries pursue Sri Lankan oil
Sri Lanka's potential oil reserves attract global interest.....
A ray of hope for Japan's tsunami-hit businesses
The sake maker rebuilding its business after the tsunami.....
Working for peanuts? Grind them first...
Making money from groundnut sauce in Cameroon.....
Fed Strategy: Ready, Aim...Wait!
Correspondent Mark Felsenthal says Fed Chair Ben Bernanke is likely to leave QE3 on the table, but not use it......
U.S. Day Ahead: Jobs won't sway Fed from policy path
Correspondent Mark Felsenthal says that recent job gains won't change Fed's decision to maintain interest rates at zero through late 2014......
Ministers meet to sign off Greek cash
Mar.12 - Euro zone finance ministers meeting in Brussels are set to sign off on the second bailout package for Greece and shift their focus to Spain which is set to miss deficit reduction targets again this year. Sonia Legg reports.....
Economy 2012: U.S. consumer sentiment to tone up
Mar. 12 - CEO and President of Weight Watchers, David Kirchhoff, says he expects the economy will get back into shape as consumer sentiment gets progressively stronger......
Clark Winter: The next Facebook to come from California?
Correspondent Elizabeth Koraca and talks U.S. housing: buy what youre going to use, industries hes bullish on and where the next Facebook will come from......
Peeping the Fed
Mar 12 - Wall Street awaits two events involving the Federal Reserve this week, including a regularly scheduled meeting to discuss interest rates and release of the latest bank stress test results. Conway G. Gittens reports......
VW sees revenue accelerating
Mar.12 - Volkswagen says its 2012 operating profit may match last year's and exceed that level in 2013, as Europe's largest car maker sees further growth in the U.S. and emerging markets. Andrew Potter reports.....
Trading at Noon: Wall St. flat after data; FOMC eyed
Mar. 12 - U.S. stocks were mixed as trade data in China and the upcoming FOMC announcement gave investors reason to pause after a three-day rally......
EMEA Day Ahead: Tuesday
Mar. 12 - Europe's market players will be on tenterhooks for any signals from the U.S. Federal Reserve as to when it might resume quantitative easing......
LIGHTNING ROUND: Fed should do nothing, economist says
Mar. 12 - Decision Economics' senior economist Cary Leahey says the Federal Reserve may add economic stimulus down the road, but says the U.S. economy has recovered enough that none is needed......
Reuters Breakingviews: Robber Barons of Silicon Valley
March 12 - Richard Beales and Rob Cox discuss whether Silicon Valley is more or less evil than the rest of Corporate America and Wall Street......
No damage to CDS status after Greece triggers payouts - ISDA
Mar. 12 - The body which oversees credit derivatives says its credibility remains intact following insurance payments on Greek debt......
Regional conflict and bad weather push food prices higher
Mar. 12 - The United Nations is warning of an uncertain year ahead for global food production and price inflation.....
3XSQ: Pepsi Shakeup, iPad Delay
Mar. 12 - PepsiCo CEO Indra Nooyi is shaking up the company's global structure and management bench, and Apple delays online orders of the new iPad......
China could relax monetary policy
Mar.12 - China has ample room to relax monetary policy in order to reinvigorate the country's cooling economy, according to the Chinese central bank governor. Andrew Potter reports......
U.S. Morning Call: Waiting online for new iPad, Swatch watch
Mar. 12 - For crowds pre-ordering the new iPad online, Apple says the tablet won't ship for 2-3 weeks, and Tiffany slaps Swatch with a $590 million counter-claim in a legal dispute......
Outrage over Spain's debt town
March 12 - The most indebted town in Spain, Peleas de Abajo, which translates to Down Fighting, has racked up a 4.6 million euro debt, proportionally higher than even Madrid's. Sonia Legg reports......
Breakingviews: Pru's threat to quit UK not just hot air
Breakingviews......
Reuters Today: China eyes freer yuan
Mar. 12 - China will keep moving towards a freer exchange rate regime, and has plenty of room to relax monetary policy, says the governor of the country's central bank......
Faux Bordeaux stirs China wine market
Mar 12 - Chinas counterfeit wine trade is at its worst ever, and is spooking rich buyers on the mainland, say industry insiders. Tessa Dunlop reports......
Faux Bordeaux stirs China wine market
Mar. 12 - Chinas counterfeit wine trade is at its worst ever, and is spooking rich buyers on the mainland, say industry insiders......
Market Pulse: Rates outlook buoys Dollar
Mar. 12 - Risk assets slip as markets find cause for concern over China and wait for word on next moves in Europe, but robust data lifts the Dollar......
HBOS failures raise questions about senior City figures
Risk failures at HBOS, the bailed-out Halifax lender that was severely rebuked by the financial watchdog last week, have prompted serious questions about individuals in senior positions.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Charterhouse eyes up 1bn sale of Wood Mackenzie
Wood Mackenzie, one of the Scotland's oldest companies, could be put on the block netting its private equity owners a record-breaking profit in just three years.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d5.....
Treasury reviews small business derivatives mis-selling claims
The Treasury is to examine complaints made by hundreds of small businesses over alleged mis-selling of complex capital markets derivatives.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d5f62da/mf.gif' border='.....
Is the game over for Game Group?
You know you are in trouble, as a specialist retailer, when Argos starts to steal your customers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d5f62db/mf.gif' border='0'/><br/><br/><a href="h.....
Misys shares fall as Temenos walks away from merger
Misys - the banking software group at the centre of a bid battle - saw its shares slide 3.8pc after its original suitor walked away from a potential $3bn (1.9bn) merger.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Seeds of recovery taking root, says OECD
Britain may finally be in the early stages of recovery, a leading global think-tank said after its early warning system showed that the economy has begun to regain momentum for the first time in over a year.<img width='1' height='1' src='http://te.....
Can the real Commander Shepherd save Game in the actual world?
Even Commander Shepard might struggle with this one. He's the star of Mass Effect 3, battling heroically to save planet Earth from an invasion of Reapers, hell-bent on destroying the human race.<img width='1' height='1' src='http://telegraph.feeds.....
Greece needs new bail-out, leaders told
European finance ministers gathered in Brussels to approve the release of a 130bn (109.3bn) bail-out for Greece - amid growing warnings that the rescue package is already inadequate.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Intercede bonuses are 'prejudicial'
AIM-listed software group Intercede has adopted a remuneration strategy which is "prejudicial to other shareholders" according to a shareholder group.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d5f4b11/mf.gi.....
Questor share tip: catastrophic year for Catlin
Catastrophe claims left a significant dent in the profits of most Lloyd's of London insurers last year after payouts resulting from disasters such as Japan's earthquake and tsunami.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
GlaxoSmithKline boss pay packet near doubles
GlaxoSmithKline's chief executive saw his earnings almost double last year as total shareholder returns at Britain's biggest drug maker hit their highest level since the creation of the company.<img width='1' height='1' src='http://telegraph.feeds.....
Cobham's Thrane & Thrane bid rebuffed
Aerospacegroup Cobham revealed it had made a 273m bid for communications equipment manufacturer Thrane & Thrane but that it had now withdrawn the offer after it was rebuffed by the Danish company's board.<img width='1' height='1' src='http://t.....
Investors launch legal action against RBS
A group of institutional and private shareholders has launched a multi-billion pound legal claim against the Royal Bank of Scotland (RBS), its former chief executive Fred Goodwin and 18 directors and non-executive directors.<img width='1' height='.....
Vijay Mallya's Kingfisher airline cancels more flights
Kingfisher, the low-cost Indian airline controlled by the brewing billionaire Vijay Mallya, has been forced to cancel dozens of flights after staff began unofficial industrial action claiming they had not been paid.<img width='1' height='1' src='h.....
CVC declares the public markets are open for IPOs
Private equity firm CVC has declared that the IPO market open again as it gears up for a flotation of one of its biggest investments - German chemicals giant Evonik - which would value the company at 10bn (8.4bn).<img width='1' height='1' src='htt.....
BA gives ground to EU in bmi takeover deal
Concessions have been made by International Airlines Group (IAG), the British Airways' parent, to break the deadlock in negotiations with EU authorities over its 172.5m takeover of bmi, the low-cost airline.<img width='1' height='1' src='http://te.....
Olympic pay reaches gold standard as confidence rises in jobs market
Rising confidence among employers is raising hopes of a turnaround in a jobs market reflecting 'gold standard' pay rates for hundreds in the line for short-term posts at the London Olympics.<img width='1' height='1' src='http://telegraph.feedsport.....
Prince Harry provides Brazil boost
Brazil was a magnet for travellers from Britain last month, ahead of Prince Harry's visit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d5f4b1c/mf.gif' border='0'/><br/><br/><a href="http://d.....
KPMG names Simon Collins as new chairman of UK
Accountancy firm KPMG has appointed Simon Collins as its next UK chairman, after the global head of transactions and restructuring received the most partner votes in the election campaign.<img width='1' height='1' src='http://telegraph.feedsportal.....
Richard Branson hikes cost of credit for Virgin Money card customers
Sir Richard Branson's Virgin Money, which recently bought Northern Rock, has hiked interest rates on its credit cards by almost 50pc in the latest blow to consumers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Doubts over E.ON biomass plant
Energy utility E.ON said it was reviewing whether to proceed with building a new biomass plant, for which it received government approval today, in light of proposed cut to subsidies.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Debt crisis: as it happened - March 12, 2012
Lawyers in Germany are representing 110 bond holders who have formed a class action group, as new Greek bonds started trading on Monday and remained the highest-yielding debt in the currency bloc.<img width='1' height='1' src='http://telegraph.fee.....
Game Group: the game might be up
Game Group saw its share price collapse by nearly two thirds today, after the company admitted its future was in the balance and its shares could be worthless.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d5f4.....
Debt crisis and Greek bailout: live
Lawyers in Germany are representing 110 bond holders who have formed a class action group, as new Greek bonds started trading on Monday and remained the highest-yielding debt in the currency bloc.<img width='1' height='1' src='http://telegraph.fee.....
We may be going to hell in a handcart, but it has little to do with absent credit
Let's get banks' lending to small and medium sized enterprises (SMEs) into perspective.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d5ee742/mf.gif' border='0'/><br/><br/><a href="http://da.f.....
