Knight Capital taps Saxo Bank for Europe chief
Chairman of Saxo's London trading arm to take international role at US broker.....
Hedge funds tipped to raid US corporate cash mountain
The money in company coffers has hit a 60-year high, sparking expectations hedge funds will pressure firms to spend it or return it.....
Trade sizes continue to plummet
Average size of blue-chip trades on the LSE falls nearly 20% in nine months in latest sign of effects of highly automated trading.....
Government prepares 100m mezzanine finance for small business
Debt finance tool with equity-like characteristics will form a plank of UK credit-easing scheme.....
Winton thinks big in Hammersmith
UK hedge fund manager on the hunt for 50,000 square foot home.....
Buyout firms lack women execs
Women make up just one in seven of all investment professionals at Europe's 20 leading private equity firms, according to research by Financial News.....
Ex-Chancellor Lawson urges bank break-ups
Lord Lawson warns the ring fencing of retail and investment banking proposed by the Vickers Commission does not go far enough.....
SocGen launches dark pool
French bank is the latest to make move ahead of new trading regulations.....
Top credit duo exit Hermes
John Lupton and Cian O'Carroll have left Hermes, the UK asset manager owned by the BT Pension Scheme.....
Shares slide as anxiety returns
Global stocks fall after weak manufacturing data and political uncertainty in France and the Netherlands hit investor confidence......
Facebook buys Microsoft patents
Facebook is paying Microsoft $550m (341m) for some of the patents it recently bought from AOL - it is latest in a series of IT patent deals......
Mexico row prompts Wal-Mart dip
Two US congressmen launch an investigation as Wal-Mart shares fall 5% following weekend reports of a cover-up at Mexican subsidiaries......
PPI claims process to be simpler
Banks agree to make the PPI claims process clearer and simpler so that consumers are less likely to use claims management companies......
IAG says BMI Baby sale 'doubtful'
The owner of British Airways and Iberia doubts it will be able to sell two loss-making units of BMI, which it recently bought from Lufthansa......
Vodafone agrees takeover of C&WW
Mobile phone firm Vodafone agrees to buy telecoms company Cable & Wireless Worldwide in a deal valuing the firm at just over 1bn......
Iceland ex-PM escapes punishment
Former Icelandic PM Geir Haarde is cleared of the main charge of negligence over the 2008 financial crisis, but is found guilty on a lesser charge.....
Will-writing 'must be regulated'
All professional will-writers should be regulated, an advisory group has said, after uncovering cases of names being omitted from paperwork......
Mortgage dash to beat stamp duty
Mortgage lending rose sharply in March as buyers rushed to complete sales before the end of a stamp duty holiday, lenders say......
Tata's IT consultancy makes $10bn
Indian IT firm Tata Consultancy Services (TCS) crosses $10bn (6.2bn) in annual revenues for the first time......
Public 'back wind farm subsidies'
More Britons than not regard subsidies for wind power as a good deal, an opinion poll suggests on the eve of a major clean energy conference......
Scottish airport sold for 807m
A deal is struck to sell Edinburgh Airport to the owner of Gatwick and London City airports for 807m......
Nestle in $11.9bn child food deal
The world's biggest food group, Nestle, announces a deal to buy children's food maker Pfizer Nutrition for $11.85bn......
Euro deficits fall as cuts bite
Eurozone governments managed to cut sharply their budget deficits last year, official figures show, with the overall deficit for the bloc dropping from 6.2% to 4.1%......
Ofcom to probe Sky email hacking
Ofcom launches an investigation into email hacking by Sky News after the broadcaster admitted accessing the private accounts of "canoe man" John Darwin and his wife......
Philips sees profits turnaround
Dutch group Philips Electronics reports a sharp rise in profits, thanks in part to improved sales at its consumer and healthcare divisions......
Manufacturing pay 'rises by 2.6%'
UK manufacturing pay rises averaged 2.6% in the past three months, barely changed from the 2.5% seen in the previous quarter, says an industry body......
Somerset village tops longevity
The great variation in life expectancy among pensioners has been highlighted in a new study by the actuarial firm Towers Watson......
Salmon exports at record levels
Exports of fresh Scottish salmon leap to record levels for the second consecutive year, according to official figures......
E.On apologises for 78,000 bill
An energy supplier apologises to a charity after sending a bill for almost 78,000 for one month's gas supply......
Whitehall told to find 16bn more
Government departments are told to identify a further 5% of their budgets which can be cut, as part of moves to protect against future spending demands......
China manufacturing on the mend
China's manufacturing activity shows signs of improvement in April, easing fears of a sharp slowdown in its economy......
Unions warn on youth unemployment
The STUC accuses the UK and Scottish governments of failing to address youth unemployment, as it publishes new research......
Hong Kong fines IPO sponsor firm
Hong Kong's securities regulator fines a brokerage firm and revokes its corporate finance licence for failing to carry out its duties......
VIDEO: Dutch PM quits over budget crisis
Dutch Prime Minister Mark Rutte has tendered his government's resignation to Queen Beatrix, paving the way for early elections......
VIDEO: Osborne explains IMF decision
The Chancellor has defended his decision to lend nearly 10bn to the International Monetary Fund for struggling economies......
VIDEO: Iceland ex-PM escapes punishment
Former Icelandic PM Geir Haarde has been found not guilty of negligence over the 2008 financial crisis that saw the island's economy go into meltdown......
VIDEO: Telegraph boss's texts to Cameron
The chairman of the Telegraph Media Group has described being in regular contact with the prime minister......
AUDIO: ZX Spectrum computer turns 30
BBC Radio 5 live Wake Up To Money looked into the ZX Spectrum computer's success in the 1980s......
VIDEO: Cost of PPI claims highlighted
Banks and consumer groups will meet to highlight the cost of using claims management companies for PPI claims......
VIDEO: Dragon campaigns for renewable energy
The Prime Minister is being urged to increase the use of clean British energy and reduce the use of overseas gases......
Volvo prepares for Chinese production
Volvo is Chinese owned, but cannot make cars there.....
What did 'best job' man do next?
He won a job as caretaker of a tropical island. Where is he now?.....
Intel launches Ivy Bridge chips
Intel takes wraps off chips built on a new '3D technology'.....
Which workers are really key?
Which group of workers is the UK's most vital?.....
Sri Lanka's tea workers fear future
But gruelling work for Sri Lanka's tea workers.....
DR Congo eyes its mineral riches
DR Congo wants a greater share of its mining wealth.....
U.S. Day Ahead: FOMC meeting, expected uptick in homes sales
' Mark Felsenthal says Fed will be careful not give impression of new QE or rate hike. Also, housing data and Apple's earnings on tap......
Price change at the pump
April 23 - U.S. retail gasoline prices dropped for the first time since December, according to the closely watched Lundberg survey. Conway G. Gittens reports......
Easier for big companies to bribe their way into Mexico: Graham
' Mexico City correspondent David Graham says the investigation into charges of bribery in Wal-Mart's Mexican operations just exposes an issue that plagues many companies in the area......
Verdict in Iceland PM trial
Apr.23 - An Icelandic court found former prime minister, Geir Haarde guilty of one charge related to the collapse of the country's banks in 2008 but exonerated him on three other charges and decided not to punish him. Ciara Sutton reports.....
Breakingviews: Paging Sam Walton
April 23 - Richard Beales and Breakingviews columnists discuss the potential fallout from an alleged bribery and cover-up scandal at Wal-Marts Mexican subsidiary......
Trading at Noon: Wal-Mart plunges on bribery allegations
April 23 - Wal-Mart shares are falling on worries that allegations of bribery in Mexico could hurt the company and stop its efforts to expand......
William & Kate royal dolls hit shelves
April 23 - London toy store Hamleys puts the first William and Kate dolls on sale ahead of the royal couple's first wedding anniversary on April 29th. Hayley Platt reports......
Racing to catch the U.S. consumer
April 23 - U.S. retailers are playing catch-up in the fashion speed race, cutting turnaround times and using technology to better compete with foreign rivals. Bobbi Rebell reports......
French, Dutch turmoil sinks stocks
April 23 - Socialist Francois Hollande's victory in the first round of the French election, although widely expected, led to falls in European stocks on Monday morning. Joanna Partridge reports......
Europe Day Ahead
April 23 - A look at the key market events on Tuesday including the FOMC meeting, Spain's T-bill auction, the UK's PSNB, plus results from ARM & Remy-Cointreau......
Sarkozy defiant as Hollande prevails
April 23 - French President Sarkozy remains confident ahead of a second round of French elections -- after Socialist Francois Hollande wins the first round. Deborah Lutterbeck reports......
3XSQ: Wal-Mart probe, Kellogg warns
April 23 - Wal-Mart's reputation and management team are under intense scrutiny following a report in the New York Times, and Kellogg cuts its outlook for 2012......
Healthcare sparks Philips turnaround
about the electronics giant's better-than-expected quarterly results which suggest a long-awaited turnaround under new management is beginning to show dividends. Sonia Legg reports......
Euro Crisis Watch: ECB to buy bonds if Spain hits 6.5%
April 23 - Spanish bond yields of 6.5% will likely spur the ECB into reactivating its bond-buying programme, says Achileas Georgolopolous of Lloyds......
Market Pulse: German PMI, Dutch political crisis double blow
April 23 - A sea of red for European stocks after shock PMI data raises fears of recession in Germany, and the Dutch government teeters on the edge of collapse, rocking the euro zone to its very core......
Reuters on the Road: Two Chicks crack the egg white market
taxi challenge to explain the benefits of their liquid egg whites business......
Breakingviews: French voters say to Europes policies.
April 23 - The French election winner will have a difficult job balancing voters rejection of current policies and Germanys expectations say Breakingviews......
China's factories stabilize
April 23 - HSBC survey shows China's factory activity stabilizing, but BEA Union says expect slow growth for some time. Arnold Gay reports......
Myanmar oath row boycott
April 23 - Myanmar's parliament convenes without Aung San Suu Kyi whose party is boycotting the legislature over the wording of the oath of office. Rough Cut (no reporter narration)......
Life After the City: Former banker stirs up tea trade
April 23 - Former Societe Generale banker Ajit Madan is proving there is life after the City. With his sister Lubna he set up Camellia's Tea House and the business is going from strength to strength......
German PMI shock raises recession risk
April 23 - An economic shock from Germany, as the manufacturing sector falls deeper into recessionary territory in April. This raises fears the euro zone's primary source of growth could slide into recession......
Dutch crisis highlights Europe weakness -Philips CEO
April 23 - Philips chief executive Frans van Houten says the Dutch government's failure to agree on budget cuts underlines the fragility of European markets......
Reuters Today: French poll heads for photo finish
April 23 - France's election heads for a photo finish, the Netherlands sees its government head for the exit, and a royal couple head for British toy stores......
Jack Ma - China's answer to Steve Jobs?
April 23 - Asia's visionary, cult icon and risk taker. We take a look at high-profile Jack Ma, founder of China's largest e-commerce company, Alibaba.com......
U.S. Morning Call: Stock futures lower; Wal-Mart probe
April 23 - U.S. stock futures are pointing to a sharply lower open on Wall Street, and a probe into bribery charges at Wal-Mart could eventually cost some executives their jobs......
Crime 'one of the world's top 20 economies', says UN official
Crime generates $2.1 trillion in global annual proceeds - 3.6pc of GDP.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1eaaa1c3/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....
Billions wiped off Europe's biggest companies as political rebellion rocks eurozone
More than 122.3bn was wiped off the value of Europe's biggest companies on Monday amid fears that the eurozone's commitment to austerity was being swept away by political rebellion - just as its debts hit record levels.<img width='1' height='1' sr.....
Facebook reveals in SEC filing that revenues rose but profits fell in first quarter of 2012
Facebook has revealed in a new filing with the SEC that it expects more patent lawasuits, as as it announced that revenues rose in the first quarter but profits fell.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
CWW accepting Vodafone's 1bn bid is a good call
Hang on a minute. Is that interference on the line? No, it's a big raspberry from Cable & Wireless Worldwide's top shareholder.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1eaa0389/mf.gif' border='0'/>&.....
Greece worse off staying in euro, says Ifo
Greece's ability to recover competitive economic standing will be severely constrained if it continues to use the euro, and other indebted eurozone countries will likely face similar struggles, the head of Germany's prominent Ifo economics institute .....
Debt crisis: as it happened, April 23, 2012
Markets tumble as data show the eurozone economy is struggling to rebound from a fourth-quarter contraction, and Dutch PM Mark Rutte resigns after austerity talks collapse.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
A lost opportunity to rethink the state's role
Telegraph View: The Coalition's debt reduction strategy is too timid.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea9bc5d/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Debt crisis: live
Markets tumble as data show the eurozone economy is struggling to rebound from a fourth-quarter contraction, and Dutch PM Mark Rutte resigns after austerity talks collapse.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
What next for the euro if France rejects austerity?
What on earth is going on with our money?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea9afc0/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/132733236349/u/3/f/568300/c/3.....
Ex-Iceland PM Geir Haarde to escape punishment despite guilty verdict over banking collapse
Geir Haarde found guilty of one charge relating to banking crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea84dea/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1327.....
Franois Hollande's potential spending spree in France has caused concern in austerity Europe
Plans to create 60,000 new teachers and reverse pension age increase.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea9349f/mf.gif' border='0'/>.....
UK 'trails Belgium for enterprise'
The UK is less entrepreneurial than countries including Switzerland, Iceland and Belgium, according to a new global ranking of 78 nations.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea92ec0/mf.gif' border='0.....
UBS banker John Pottage wins appeal against FSA fine
The City regulator has lost an important test of its powers to punish bankers for alleged supervisory failures.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea92ec1/mf.gif' border='0'/>.....
China's manufacturing sector shrinks for sixth consecutive month
China's manufacturing sector shrank for a sixth month in April, but the pace of contraction slowed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea8eb76/mf.gif' border='0'/><br/><br/><a href=.....
Measures needed to end UK's 'late payment culture'
Business and Government must unite to tackle the UK's "late payment culture", which has become a "major problem" for almost a quarter of small companies, a report has found.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
Bank of England data show slump in small business loans continues
Bank lending to British businesses fell at the fastest pace in almost two years in February, according to the Bank of England, underlining the fragility of the economy before crucial growth figures on Wednesday.<img width='1' height='1' src='http:.....
Argentine government to pay Repsol 'zero pesos' for YPF seizure as Spanish oil company issues legal warning
Repsol shares fall further after the Argentine government expressed determination to "pay nothing at all" in compensation to the Spanish oil company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea8049a/mf.gif.....
Wal-Mart shares fall after Mexico bribery allegations
Wal-Mart shares tumble after it was alleged that the world's biggest retailer failed to properly investigate possible bribery at its Mexican operations in 2005.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea8.....
Borders & Southern makes 'significant' gas discovery off Falkland Islands
Explorer Borders & Southern has discovered "significant" gas condensate reserves south of the Falkland Islands, opening up a new and controversial oil and gas basin.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
AstraZeneca to buy gout drug maker Ardea Biosciences for $1.26bn
AstraZeneca has moved to boost its slim pipeline of new drugs by agreeing a $1.26bn (783m) deal to buy Californian biotechnology group Ardea Biosciences.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea8992a/mf.....
British Gas puts 550 jobs at risk
British Gas intends to close its Southampton call centre which could result in 550 job losses, in a "blow" to the local area.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea84de4/mf.gif' border='0'/><br/.....
Fixed rate mortgages tumble to a two-year low
Five year fixed-rate mortgages have fallen to their lowest level since April 2010, new figures show.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea8472e/mf.gif' border='0'/>.....
Eurozone debt and deficit levels highlight bloc's uphill struggle
EU countries face an uphill struggle to meet newly enshrined government deficit targets in 2013, in spite of countries' efforts to cut the shortfall to 4.1pc of total output in 2011, data showed on Monday.<img width='1' height='1' src='http://tele.....
Bank of England data show slump in small business loans continues
A slump in borrowing and investment by companies continues to gather pace, Bank of England figures show.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1ea60e3f/mf.gif' border='0'/><br/><br/><a .....
Manufacturing and services activity highlights eurozone's struggle
Eurozone services and manufacturing output contracted more than expected in April, as the economy struggled to rebound from a fourth-quarter contraction and powerhouse Germany saw manufacturing output fall close to a three-year low.<img width='1' .....
