Surprise US World Bank candidate
President Obama nominates Korean-born US academic Jim Yong Kim as his surprise choice to head the World Bank, as two other candidates are named......
Call to regulate comparison sites
Price comparison websites should be regulated because the information they provide is not always fair, a consumer group says......
Stamp duty holiday comes to end
The stamp duty holiday for first-time house buyers has ended, meaning they will join others in paying 1% tax on properties worth more than 125,000......
EMI in Europe competition probe
The European Commission launches a probe into whether the sale of UK music firm EMI - home to the Beatles, Pink Floyd and Coldplay - breaks competition rules......
Petrol price reaches record high
The average price of unleaded petrol reaches a new high of 140.20p per litre, according to industry analysts Experian Catalist......
Solar tariff loss for government
The government fails to get permission to appeal to the Supreme Court over its plan to cut subsidies for solar panels on homes......
BT pays 2bn into pension scheme
BT says it will pay 2bn into its pension scheme under a new nine year plan to wipe out the scheme's deficit......
British banks need fresh capital
The Bank of England says British banks need to raise fresh capital as early as feasible, as concerns remain over the stability of the global financial system......
Fall in sales of 2m-plus homes
The number of homes sold for more than 2m - now subject to a higher stamp duty rate - fell at the end of last year, figures show......
Cable to review business red tape
Business Secretary Vince Cable says the government will launch a review of how business regulation is enforced......
Empty shops rate hits new record
The proportion of shops in Britain lying empty hit a new record, a further sign of a difficult start to the year for retailers......
Facebook purchases IBM patents
The social network confirms it has bought intellectual property rights from IBM. The move may help it in a patent dispute with Yahoo......
Credit Suisse halves pay for boss
Credit Suisse says it cut the total compensation for its chief executive, Brady Dougan, by 55% in 2011 after the bank's profit slumped......
Turbine plant 'to bring 800 jobs'
The port of Leith is chosen by Spanish company Gamesa for the site of a new offshore wind turbine plant, creating hundreds of jobs......
Minimum price for alcohol planned
The government proposes a minimum price of about 40p per unit of alcohol in England and Wales - but is warned it could face a legal challenge......
BAE's 150m fighter plant opens
Defence company BAE Systems officially opens a new 150m site in Lancashire to build part of the F-35 US fighter jet......
Cautious consumers 'pay off debt'
Cautious consumers' repayments on credit cards, loans and overdrafts outstripped new borrowing by 305m in February, figures show......
Cashing in on online Ponzi scams
Investors are using web-based tracker tools to put their money into online scams in the hope of cashing out before the schemes collapse, research suggests......
Web shopping prompts law review
Rapid changes in electronic technology prompt a major review of Scottish contract law to ensure consumers and businesses remain protected......
Job woes hit consumer confidence
Consumer confidence fell in February amid worries over jobs and the wider the economy, according to the the latest survey from Nationwide......
India boycotts EU carbon charge
Indian airlines will not comply with the European Union's (EU) carbon charging scheme, according to civil aviation minister Ajit Singh......
Japan's AIJ sees offices searched
Japanese investigators search the offices of AIJ, as the scandal-hit money manager also loses its operating license......
West Ham bid for Olympic Stadium
West Ham United are among four bidders seeking to become tenants at the Olympic Stadium after the London 2012 Games......
No ruling on Rangers ticket deal
A judge has declined to rule on whether Rangers can rip up its season-ticket deal with Ticketus, which it emerges was worth more than 30m......
VIDEO: Your Money: The Budget and Isas
Declan Curry on the effects of the Budget on working parents and pensioners, and how to make the most of your tax-free allowance......
VIDEO: Young collectors boost Middle East art
Artists in the Middle East have been given a boost by young people who are starting to collect their work......
VIDEO: Stamp duty holiday ends on property
The government is ending the stamp duty holiday for first-time buyers......
VIDEO: Petrol prices hit record high
Petrol prices have hit a record average high of 140.20 pence per litre of unleaded, according to industry analysts Experian Catalist......
VIDEO: Obama's surprise World Bank nominee
Barack Obama has revealed his nomination for the new head of the World Bank. He is a Korean-born American academic called Jim Yong Kim, who has a sideline in musical performance, as John McManus reports......
AUDIO: Peacocks boss vows to reopen stores
The new chief executive of Peacocks says he is working hard to ensure more of the clothing chain's closed stores reopen......
VIDEO: The Economist's predictions for 2050
Nick Higham meets Daniel Franklin, who has published a book of essays about the future of the world......
Budget calculator 2012
How will the chancellor's Budget affect you?.....
Insurer confusion over drink driving
How much drink is too much for insurers?.....
No fun at the fair for Cable in Scarborough
Vince Cable gets a rough ride at conference in Scarborough.....
War for water in Chile's desert
How Chile's miners and vineyards fight over water rights.....
Technology for small businesses - on your terms
Tech takes the strain for small business on their terms.....
Renters not buying home dreams - yet
Mar 23 - As new home sales fall in February, multi-family dwellings are welcoming renters looking to avoid home ownership, but experts say that may switch if the jobless rate continues to fall. Jill Bennett reports......
Oil lights small fire under Wall St.
Mar 23 - Wall Street rallies as energy shares jump on higher oil prices, but equity gains were subdued by mixed housing numbers. Conway G. Gittens reports......
Economy 2012: Keystone could be built by 2013, MT Gov.
Mar. 23 - Montana Governor Brian Schweitzer expects the Keystone XL Pipeline to be operation by early 2013......
New World Bank nominee has the time of his life
Mar. 23 - President Obama has nominated Dr. Jim Yong Kim, the president of Dartmouth College, for president of the World Bank......
U.S. Week Ahead: Obama healthcare law under scrutiny
Legal Affairs Editor Joan Biskupic says congressional limits are at the heart of the debate......
Breakingviews: Justifying Facebook's IPO valuation
Mar. 23 - Antony Currie and Breakingviews columnists discuss a new interactive calculator that tells you what the social network is worth......
New home price hits 8-month high
Mar 23 - Summary of business headlines: Median home price climbs in February, but sales fall; Bank of America tests owner-to-renter foreclosure program; Fans of "The Hunger Games" get early meal. Conway G. Gittens reports......
Boeing backs rival in EU row
Mar.23 - Boeing is backing Airbus in a dispute over European Union airline emissions, even as it refused to negotiate a settlement in a separate dispute with its arch-rival over aircraft subsidies. Ciara Sutton reports......
Trading at Noon: Housing market still concern for investors
Mar. 23 - The housing sector is still a concern for investors after new home sales declined in February, leading stocks lower......
EMEA Week Ahead
Mar. 23 - Spain stokes euro zone worries again as Madrid draws up a new budget and unions call a general strike in protest at austerity......
Inside Equities: Chinese retailer Vipshop sputters on launch
Mar. 23 The CFO of discount Chinese retailer Vipshop, Donghao Yang, is shrugging off a weak debut on the NYSE; saying the company can turn profitable in the 'near-term' future......
World Bank race heats up as deadline looms
March 23 - Angola, Nigeria and South Africa have endorsed the nomination of Nigerian Finance Minister Ngozi Okonjo-Iweala, a respected economist and diplomat, as a candidate to take over the bank when Robert Zoellick steps down in June. Ciara Sutton .....
No re-run of 1994 treasury market carnage
Mar. 23 - A '1994-style' bond market rout is unlikely this year, but market analysts aren't ruling out a quick change in sentiment......
Obama nominates public health expert for World Bank
March 23 - U.S. President Barack Obama has nominated Dartmouth College President Jim Yong Kim, a public health expert of South Korean origin, to head the World Bank. Rough Cut (no reporter narration)......
3XSQ: Own to rent, Pincus profits
Mar. 23 - Bank of America tests a new home foreclosure program, and Zynga's CEO Mark Pincus is set to make $227 million as shareholders sell 43 million shares......
Falkland Islanders grow their own food
Mar. 23 - Falkland Islanders are taking measures to protect themselves from food shortages, as new shipping controls disrupt supplies to the remote South Atlantic archipelago. Hayley Platt reports......
Breakingviews:BT gets better side of pension fund deal
Breakingviews......
Microbreweries put fizz into flat beer trade
March 23 - The UK's 'craft beer' sector is flourishing, winning drinkers over with stronger pints and cult appeal. Amy Gardner reports......
Sports spread: "squeeky bum" time arrives in Manchester
Mar. 23 - Manchester will be celebrating when the Premier League climaxes in May but will it be City or United who take top honours? Plus, a look at the Malaysian Grand Prix on Sunday......
Spain not same as Greece - Economy Minister
Mar. 23 - The Spanish economy minister Luis de Guindos says comparisons between Greece and Spain are "total nonsense.".....
Four commodity winners in 2012
Mar. 23 - We take a look at the resources that will stand out in 2012 despite China's cooling economy......
Three reasons why China's economy will have a soft landing
Mar. 23 - Standard Chartered's Stephen Green says China's economy still has plenty going for it, and should avoid a hard landing in 2012......
U.S. Morning Call: Facebook buys 750 patents from IBM
that social networking giant Facebook has bought 750 patents from IBM. The move comes after Yahoo sued Facebook claiming it infringed Yahoo's patents......
World Bank race heats up as deadline looms
Mar.23 - Angola, Nigeria and South Africa have endorsed the nomination of Nigerian Finance Minister Ngozi Okonjo-Iweala, a respected economist and diplomat, as a candidate to take over the bank when Robert Zoellick steps down in June. Ciara Sutton re.....
Market Pulse: Dollar sinks to three-week lows
Mar. 23 - The dollar index tumbles below its 100-day moving average, triggering losses for the greenback against major currencies......
Budget 2012: Betfair founder welcomes lift for SME lending
Ed Wray didn't wager on a boost from the Chancellor, George Osborne, but the Betfair co-founder looks like being an unlikely Budget winner.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dc1193b/mf.gif' border='.....
Red tape's block to hiring staff
The computer says no. That is what Phil Wood, a business chief executive based in Newcastle-under-Lyme, was told recently when trying to hire an apprentice under a new government scheme.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
NBNK plots fresh Lloyds Banking Group branch bid
NBNK - the new bank headed by Lord Levene and Gary Hoffman - is to make a fresh approach for the 632 branches being sold by Lloyds Banking Group, after concerns were raised that the proposed sale of the branches to the Co-op had hit regulatory hurdle.....
GE boss has UK's banks in his sights
GE, the US power and industrial conglomerate, is to open its first British bank in the biggest launch into the UK banking sector since the financial crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dc1193e.....
Dashwood: Christopher Myers reinvents himself as a lawyer
Christopher Myers, famed for working with Foreign Secretary, William Hague, has popped up again.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dc11755/mf.gif' border='0'/><br/><br/><a href="ht.....
Administration nears for Game Group
Game Group is to be placed into administration on Monday as talks between suppliers and lenders continue about the future of the beleaguered video games retailer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1d.....
James Murdoch, BSkyB and the issue of honour
In Edinburgh in 2009, James Murdoch gave the MacTaggart Lecture. This is the media industry's "big event" of the year and all the top figures from the sector were there, including Jana Bennett, the president of BBC Worldwide, and Dawn Airey, the chie.....
Sir Stuart Rose: we need to have an urgent debate on pay
Former M&S boss Sir Stuart Rose talks to Kamal Ahmed about mega-salaries, the recession and how ethics and profits can exist together.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dc0ce50/mf.gif' border='0.....
Sir Stuart Rose: I don't believe in retirement
Sir Stuart Rose has revealed he would consider another major chairmanship of FTSE company a year after leaving as chairman of Marks & Spencer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dc0ce54/mf.gif' b.....
Budget 2012: sadly, George Osborne hasn't changed the big picture
George Osborne's latest Budget was, as expected, "fiscally neutral". The Chancellor kept to his "austerity plan", the aim of which is to cut the UK's annual budget deficit to zero by 2016-17.<img width='1' height='1' src='http://telegraph.feedspor.....
Greece's economy and bailout: in numbers
As global companies draw up contingency plans for a Greek exit from the euro, we outline the numbers that illustrate the country's dire situation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dc0941d/mf.gif' b.....
Eurozone debt crisis: how Greece could exit the euro
As global companies draw up contingency plans for a Greek exit from the euro, we examine the feasibility of Athens' departure - from new drachmas to illegality and 1 trillion costs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Jean-Claude Trichet: radical central bank action should not disguise crisis
The former head of the European Central Bank has warned that the radical action taken by western central banks should not hide the fact that the global economy has yet to emerge from a multi-year crisis.<img width='1' height='1' src='http://telegr.....
Chinese say Jim Yong Kim's World Bank nomination is 'encouraging'
President Barack Obama's nominee to run the World Bank has won backing from China.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dbf7a30/mf.gif' border='0'/><br/><br/><a href="http://da.feedsp.....
Mario Monti worried about Spanish contagion
Italian Prime Minister Mario Monti said on Saturday he was concerned about Spain's public finance situation and said contagion could easily return to the eurozone and affect Italy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
What is Goldman's case for equities and does it stack up?
The emerging science of behavioural finance has lots of fancy expressions for quite simple concepts. One of those sprang to mind last week when I read a note from Goldman Sachs called "The Long Good Buy: the Case for Equities".<img width='1' heigh.....
Shop! Mary Portas at Cash Converters
Shop! Mary Portas remains unconverted by Cash Converters<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dbd380a/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/129200806948/u.....
MF Global chief Jon Corzine ordered overdraft to be cleared with client funds
Just three days before the collapse of MF Global, chief executive Jon Corzine gave orders to clear an overdraft using $200m (126m) from a segregated customer account.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
North Sea oil tax break 'an added bonus'
Tax breaks are "just an added bonus" for projects that would have gone ahead anyway, oil companies said, as George Osborne's reforms came under criticism as "sticking plaster fix".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Brussels offers UK 7.7bn to adopt controversial bank tax
The European Commission has tried to entice David Cameron into adopting the controversial financial transactions tax (FTT) by pledging to cut Britain's contributions to Brussels by 7.7bn.<img width='1' height='1' src='http://telegraph.feedsportal......
Olympics headache for forecasters
The Queen's Diamond Jubilee and the Olympics will leave economic forecasting in disarray according to one of the UK's most senior policymakers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dbb90ca/mf.gif' bord.....
Mears chairman Bob Holt sells shares
The long-standing chairman of Mears has raised eyebrows after selling his entire shareholding in the social housing maintenance company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1dbb90cb/mf.gif' border='0'/.....
James Murdoch severs final NI ties
James Murdoch has finally severed all ties with News International, quitting the boards of Times Newspapers Holdings and two other holdings companies associated with the troubled newspaper group.<img width='1' height='1' src='http://telegraph.feed.....
Manipulation claim over Indian Rafale jet deal
A leading Indian MP has accused government officials of "manipulation" in awarding a $20bn (12.6bn) contract to buy France's Rafale jets instead of the Eurofighter Typhoon.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Global trade war threat as India rejects EU plan
The threat of a global trade war over a European Union scheme to control airlines' carbon emissions has been ratcheted up by India refusing to comply with the plan.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
