Car insurance market faces probe
The car insurance industry is set to be scrutinised by the Competition Commission, after the Office of Fair Trading calls the sector "dysfunctional"......
Xstrata boss offered 29m to stay
The head of Anglo-Swiss mining firm Xstrata is offered almost 29m to stay on as boss once its merger with Glencore is completed......
Spain denies IMF bailout rumours
Spain's economy minister dismisses talk of it seeking a bailout from the International Monetary Fund as "senseless"......
Premier League wages at new highs
The proportion of income that top flight football clubs in England are spending on wages has hit a new high, says Deloitte......
US GDP growth slower than thought
The US economy grew at an annualised pace of 1.9% in the first three months of this year, weaker than the 2.2% first thought......
U-turn over charity tax cap plan
Chancellor George Osborne drops plans to limit tax relief on charitable donations after protests from charities - the latest in a series of Budget U-turns......
Text to Murdoch defended by Hunt
Jeremy Hunt sent a "congrats" text to News Corp's James Murdoch hours before the minister was asked to oversee its BSkyB bid, the Leveson Inquiry hears......
O2 porn pirates to get letters
Thousands of internet users suspected of sharing Ben Dover's films are to receive letters seeking compensation after a High Court hearing......
Logica agrees to be bought by CGI
Computer services company Logica agrees to be bought by Canadian rival CGI Group for 1.7bn......
Birmingham accounts delayed again
The holding company of Championship football club Birmingham City delays the publication of its financial accounts again......
Investment forecasts to be cut
Financial services companies that sell investment policies to the public will have to use lower and more realistic projections of possible future returns......
Chevrolet to sponsor Man United
General Motors signs a deal with Manchester United that will see the carmaker's Chevrolet brand become the football club's car sponsor......
Big rise in losses at Thomas Cook
Thomas Cook sees its half-year losses increase sharply after a "difficult" six months, but says it is taking "decisive action" to improve its position......
Council pension deal is outlined
A deal to settle the local government pension dispute has been proposed by both employers and trade unions in England and Wales......
BAE Systems plans to cut 620 jobs
BAE Systems is planning to axe more than 600 jobs and close its factory in Newcastle where tanks were made for World War I......
Ireland votes on EU fiscal pact
People in the Republic of Ireland vote in the eurozone's only referendum on the EU fiscal pact, which limits budget deficits......
Cars roar ahead in Queen's reign
BBC transport correspondent Richard Westcott looks at how motoring has changed throughout the Queen's 60 year-reign......
House prices stable, says lender
House prices in the UK are still "fairly stable" despite the economy falling back into recession earlier this year, the Nationwide says......
Credit card loans shrink in April
Credit card lending in April recorded its biggest monthly contraction since August 2006, figures show, indicating further evidence of consumer caution......
Contactless pay limit goes to 20
The limit on purchases made using wave-and-go card technology rises to 20 on Friday, as the Post Office says it will install the readers in branches......
Indias growth rate slows to 5.3%
The Indian economy records its worst performance since 2003 on the back of a widening trade gap and poor investment......
Japan output weaker than expected
Japan's factory output is weaker than expected in April because of slower demand for electronics goods, according to official figures......
'No countries ready to join euro'
The European Central Bank says that none of the eight countries that are supposed to join the euro are ready yet......
B&Q blames rain for fall in sales
B&Q owner Kingfisher blames April's wet weather for a fall in quarterly sales......
Fall in Halfords' annual profits
Shares in Halfords fall 10% after it reports a 27% fall in profits and says recent trading has been "very disappointing"......
Orange unveils Intel-based mobile
Europe's first smartphone based on the US chipmaker's technology is to go on sale in the UK and France in June......
Gers hand over contract documents
Lawyers investigating allegations that Rangers used dual contracts to pay players receive documents from the club, BBC Scotland learns......
Ukraine 'should host Euro 2012'
The daughter of jailed Ukraine ex-PM Yulia Tymoshenko says Kiev should host Euro 2012 football as planned, despite allegations of political repression......
SPL approve new financial rules
Scottish Premier League clubs will decide whether 'newco' clubs should be admitted to the top flight......
AUDIO: Does the UK need an economic Plan C?
The Royal Society of the Arts has asked a number of experts to look at how the UK might cope with long term very slow growth. Economist Vicky Pryce and Nick Seddon of the think tank Reform debate the issue......
VIDEO: Krugman: Greece will leave the euro
Sarah Montague talks to Nobel Prize winning economist Paul Krugman who says "Greece must and will leave the Euro"......
VIDEO: Markets unsettled by Spain fears
Concerns over Spain's financial situation have sparked losses for shares across Europe and the United States......
VIDEO: Most complained-about adverts
The Advertising Standards Authority's Guy Parker tells BBC Breakfast how his organisation deals with the most complained-about adverts......
AUDIO: How to keep cool in the office
A new report suggests ways for workers to stay cool while at work as the UK faces summer of heatwaves......
AUDIO: 'You can't solve debt with more debt'
The American Nobel prize-winning economist Paul Krugman was at the LSE last night attacking in a lecture the British government for its austerity policy. Evan Davis speaks to one of his opponents, the historian Niall Ferguson......
AUDIO: ECB declines Spain bank bailout
Radio 5 live asked a Spanish economics professor if he expected the ECB to turn down Spain's request for a bank bailout......
VIDEO: 'Sleepy pilots' fear over EU hours plan
European proposals to change the number of hours worked by airline pilots are weaker than current UK regulations and could put passengers at risk, MPs have warned......
Asia's economies face health risk
People and economies gain from good healthcare.....
A tale of 2m properties for sale
The country house worth less than a one-bedroom flat.....
Scooter ignore major labels to break records
The German dance act that became an industry.....
Footwear firm gave counterfeiters the boot
One footwear firm and its battle against counterfeiters.....
World attention shifts to East Asia
World attention shifts to East Asia amid global slowdown.....
U.S. Day Ahead: U.S. jobs market likely picked up steam
correspondent Jason Lange says there might be a positive suprise in the job numbers on Friday......
Miners clash with police in Spain
May 31- Miners clash with Spanish police in Madrid at the end of a march by thousands of demonstrators protesting against cuts to state subsidies for the coal sector. Rough Cut (no reporter narration)......
SpaceX Dragon capsule completes historic flight with Pacific splashdown
May 31 - The SpaceX Dragon capsule splashes down in the Pacific Ocean, completing the first flight by a commercial spaceship to the International Space Station. Rough Cut (no reporter narration)......
Trading at Noon: Wall Street slides, Facebook follows
May 31 - Shares of social media giant Facebook have plummeted since its IPO earlier this month......
Europe officials urge action over euro
May 31 - The ECB's President and EU economy commissioner warn of collapse of the currency unless the Euro zone countries go the next step towards fiscal unity. Joanne Nicholson reports.....
Breakingviews: Dealing with the Moodys blues
May 31 - Breakingviews editors discuss how Morgan Stanley can cope with the pain of a ratings downgrade......
Europe Day Ahead: Friday
May 31 - A look ahead to Friday's key events including U.S. non-farm payrolls, plus EZ and UK manufacturing PMI data.....
3XSQ: Aftershocks of Facebook flop
May 31 - Morgan Stanley reportedly to seek money from Nasdaq over botched IPO, while Kayak delays its offering because of Facebook troubles......
Wealth Strategies: BMC Software likely to sell itself
May 31 - BMC has so far dismissed calls by hedge fund Elliott Management to sell itself, but Tullett Prebon says the activist investor might be able to force its hand......
Puma boss: Usain Bolt to accelerate sales
May 31 - Puma Boss, Franz Koch, talks about the sports brand's sponsorship deal with Usain Bolt and how the Olympics will boost the company's bottomline......
Euro 2012 just around the corner
May 31 - As Poland and Ukraine prepare to host Euro 2012 we assess the likely winner and who'll be the stars of the show. Plus the French Open tennis continues and its Derby day in horse racing......
U.S. Morning Call: Facebook fallout - - other IPO's suffer
May 31 - Travel website Kayak is having second thoughts about going public after seeing Facebook's flop debut......
Reuters on the Road: Ladies-only at Luluvise
May 31 - Luluvise founder Alexandra Chong takes the taxi challenge to talk about her social network dedicated to young women......
Market Pulse: Finding pockets of value...they're out there
May 31 - Even after May's heavy selling there's no reason to be optimistic on euro zone markets, or Spanish assets in particular. But there are pockets of value out there, says CCLA's James Bevan......
Berlin clubs lose their cool as 'techno' scene flags
May 31 - Gentrification, rising rents and a sharp increase in the cost of licensing music are putting the squeeze on Berlin's world famous nightclubs......
Reuters Today: Investors bolt as Spain nears red line
May 31 - U.S. yields sink to 60-year lows as Spain edges closer to a bailout and Ireland holds a high-stakes referendum on the EU fiscal pact......
Reuters Breakingviews: Grizzly week for Graff Diamonds
May 31 - Graff Diamonds pulls its $1 billion Hong Kong IPO. But the jeweler will have another opportunity to make a comeback in the world's largest luxury goods market, says John Foley of Breakingviews......
BlackBerry's imperfect storm
May 31 - Research In Motion is moving forward with a plan to seek partnerships as the BlackBerry-maker warns it is likely to report a shock fiscal first-quarter operating loss. Matt Cowan reports......
Investors shield against Spain crisis
May 31 - Bond yields in Germany reach zero and Austria and France are at record lows since the inception of the common currency, while Spain's borrowing costs remain dangerously high. Joanne Nicholson reports......
Smooth monetary union requires fiscal union: ECB
May 31 - For monetary union to work properly, Europe must move towards greater fiscal union, says ECB's Gonzalez-Paramo. Despite the crisis, the ECB's policy transmission mechanism isn't broken, he adds......
Asian markets head for 12 percent monthly loss
May 31 - Asian stocks markets set to post their biggest monthly loss in eight months, as Spain's surging borrowing costs heighten fears it may need a bailout......
Wall Street's euro headache returns
May 30 - Summary of business headlines: Stocks post biggest decline in two-weeks and the 10-year note yield hits lowest in at least 60 years as Greek polls reignite euro break-up talk; Research in Motion, Facebook shares fall. Conway G. Gittens repor.....
The Exchange: IP-Overhaul
Rob Cox and Business Insider's Henry Blodget discuss how rules in the underwriting process disadvantage investors in IPOs......
U.S. Day Ahead: MS shares could come under fire
May 30 - The Facebook fallout continues for Morgan Stanley, retail could rally after a miserable April and alarm bells are ringing in the jobs market......
Any juice left for BlackBerry brand?
May 30 - The clock is ticking on Research in Motion as it explores its options after hiring bankers to review the business. Two analysts share different views on which direction the BlackBerry maker could go. Bobbi Rebell reports......
Morgan Stanley boss hits back in Facebook float row
Morgan Stanley chief executive James Gorman has hit back at criticism of the bank's leading role in Facebook's $104bn (67bn) flotation, dismissing speculation of "nefarious activity" as false.<img width='1' height='1' src='http://telegraph.feedspo.....
Euro is facing disintegration, Commission warns
Unless European governments do much more to work together, the Euro will disintegrate, the European Commission warns.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe66687/mf.gif' border='0'/><br/><.....
Nike kicks out Umbro and Cole Haan as buyers sought
Nike is looking for a buyer for Umbro, the maker of the England football kit, in order to focus on its namesake brand as well as its Hurley, Converse and Jordan marques.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
British brands enjoy burst of popularity
Chancellor George Osborne might be desperate for a "march of the makers", but Britain's most "valuable" companies are far more likely to be selling mobile phones than manufacturing, research has revealed.<img width='1' height='1' src='http://teleg.....
Break up is trendy but what happens if the euro manages to survive?
Suddenly it's fashionable to believe the eurozone is about to break up. Even six months ago that was thinking the unthinkable. Since when did we swivel-eyed, eurosceptic cranks become trendy?<img width='1' height='1' src='http://telegraph.feedspor.....
Debt crisis: as it happened, May 31, 2012
Spaniards are moving money out of their nation's banks faster than at any point since records began, as Fitch downgrades eight regions and ECB President Mario Draghi warns Europe's leaders must clarify their vision for the euro.<img width='1' heig.....
Ireland's euro treaty vote in balance after low turnout
Ireland's referendum on the EU fiscal pact and eurozone austerity rules, seen as critical for the single currency's future, hung in the balance last night after a low turnout of voters.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Walmart faces revolt over 'bribes'
Walmart does not expect the corruption allegations that will hang over today's annual shareholder meeting to slow its international expansion plans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe5f80f/mf.gif'.....
Debt crisis: live
Spaniards are moving money out of their nation's banks faster than at any point since records began, as Fitch downgrades eight regions and ECB President Mario Draghi warns Europe's leaders must clarify their vision for the euro.<img width='1' heig.....
Eurozone is 'unsustainable' warns Mario Draghi
The head of the European Central Bank hit out at the political paralysis gripping the region as he warned the eurozone's set-up was "unsustainable".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe5ecc7/mf.gif'.....
Almost 100bn pulled out of Spain as investors beat a hasty retreat
Almost 100bn (80.2bn) of cash was pulled out of Spain in the first three months of the year by private and corporate investors fleeing the advancing financial and political crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Activist investor Nelson Peltz sets his sights on InterContinental Hotels Group
One of America's most notorious activist investors, Nelson Peltz, has become the fifth largest shareholder in InterContinental Hotels Group after buying a 4.27pc stake.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Sacked Mirror bosses wanted to buy out Trinity
The editors of the Daily Mirror and the Sunday Mirror were secretly planning to take over their parent company, Trinity Mirror Group, before they were sacked, it can be revealed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
FTSE 100 has worst month since February 2009 with 7.5pc fall.
The FTSE 100 has suffered its worst percentage fall over a month since February 2009, the height of the banking crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe58615/mf.gif' border='0'/>.....
Xstrata CEO in line for 75m as Glencore terms revealed
Xstrata chief Mick Davis is in line for a potential 75m payout as head of the company created from the miner's proposed merger with commodity giant Glencore.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe5861.....
Xstrata CEO's 75m pay package after Glencore deal revealed
Xstrata chief Mick Davis is in line for a potential 75m payout as head of the company created from the miner's proposed merger with commodity giant Glencore.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe533f.....
HMV sells Hammersmith Apollo to Stage C
Entertainment venue Hammersmith Apollo, which has been graced by bands from The Beatles to Queen, has been sold by owner HMV to an American-German joint venture.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe.....
TNK-BP oligarchs eye stake in BP in return for exit from joint venture
The oligarch co-owners of TNK-BP want to swap their holdings in the joint venture for shares in BP, according to Mikhail Fridman, who this week resigned as chief executive of the Anglo-Russian oil producer.<img width='1' height='1' src='http://tel.....
Italy faces a 'year of recession'
Italy is in store for a "year of recession" was the bleak message from the head of the country's central bank, as he warned a 1.5pc economic contraction might be a best-case scenario.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Eurozone crisis: investors shelter in the safety of German bonds
The eurozone debt crisis has underscored the gulf between the strong and the weak members of the pack, and nowhere is this more evident than in the bond markets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe.....
Facebook's flotation: why the legal grey areas in future IPOs will get bigger
The smell of a freshly baked $104bn (67.2bn pound) pie was always going to reach the nostrils of America's lawyers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe43813/mf.gif' border='0'/><br/><br.....
CoCos will not make Britain's banks safer, says Bank of England
Bonds designed to protect banks in the event they get into financial difficulty could cause more problems than they solve, according to the Bank of England.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe3d4ac.....
US economic growth revised down as jobs data disappoint
Fears that America's economic expansion is losing steam were ignited on Thursday by a blitz of disappointing data.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fe39e45/mf.gif' border='0'/><br/><br/.....
Small companies overturn 40pc of loan rejections
Small businesses have had nearly half of rejected applications for bank lending overturned by using an independently monitored appeals process, an official report has revealed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Capital flight from Spain hits record $66bn
Spaniards alarmed by the dire state of their banks are squirreling money abroad at the fastest rate since records began, figures showed on Thursday, and the credit ratings of eight regions were cut.<img width='1' height='1' src='http://telegraph.f.....
Thursday 31 May 2012
Wednesday 30 May 2012
UK Financial News on 2012-05-30
Markets unsettled by Spain fears
Fears over Spain's finances have sparked losses for stock markets and a move into safe haven investments......
Big boost for alternative lenders
The government plans a 100m boost for non-traditional lenders to business, including internet finance firms......
Eurozone bank bailouts proposed
The European Commission suggests that banks should be bailed out directly, and proposes a eurozone-wide banking union and deposit protection scheme......
Credit card loans shrink in April
Credit card lending in April recorded its biggest monthly contraction since August 2006, figures show, indicating further evidence of consumer caution......
'No countries ready to join euro'
The European Central Bank says that none of the eight countries that are supposed to join the euro are ready yet......
Support for UK deficit-cutting
The UK government should continue with deficit cutting policies at the same time as prioritising spending for growth, the European Commission recommends......
Contactless pay limit goes to 20
The limit on purchases made using wave-and-go card technology rises to 20 on Friday, as the Post Office says it will install the readers in branches......
Fuel price-cut law 'considered'
Transport Secretary Justine Greening says she will consider legislation to force petrol retailers to pass on cuts in the wholesale price of fuel......
Blackberry maker warns of loss
The company behind the Blackberry smartphone warns it will make a loss in its latest quarter and make "significant" job cuts, as it hires banks to review its business......
Mirror editors sacked in shake-up
The editors of the Daily Mirror and Sunday Mirror are 'made redundant' as the two newspapers merge into one title, says publisher Trinity Mirror......
Facebook shares fall to new low
Facebook shares fall to a new low below $29, less than two weeks after its high-profile flotation, as Russia's biggest social network cancels its share sale......
Distrust could hamper Green Deal
Public mistrust of the Big Six energy firms may undermine government plans for its planned Green Deal, according to the International Energy Agency......
Apple boss: Not trying to be Jobs
Apple's new chief executive Tim Cook says Steve Jobs was a "visionary" and his role "was never to replace him"......
Sportingbet's profit hit by Spain
Quarterly profits slump at Sportingbet after it was forced to suspend its Spanish operation following a court ruling......
Booker Group to buy rival Makro
Food wholesaler Booker Group is buying rival Makro UK in a combined share issue and cash deal worth 139.7m in total......
Samsung family feuds over shares
The chairman of Samsung Electronics, Lee Kun-hee, is to defend three lawsuits from family members claiming ownership of $1bn of company assets......
Doctors to take industrial action
Doctors will stop providing non-urgent care for a day next month in the first industrial action by the profession for nearly 40 years......
Cars roar ahead in Queen's reign
BBC transport correspondent Richard Westcott looks at how motoring has changed throughout the Queen's 60 year-reign......
Firm condemned for 'Jubilee loan'
A payday lender is criticised after it published a blog suggesting people could take out a loan to fund their Jubilee celebrations......
April house price drop confirmed
House prices in England and Wales fell last month following the end of the stamp duty holiday for first-time buyers, the Land Registry says......
Dentistry 'needs urgent reform'
Some dentists are misleading their patients about their right to NHS treatment, so the patients pay for more expensive private ones instead......
Tenants 'face more debt problems'
People who rent their homes are increasingly likely to have debt problems, the Consumer Credit Counselling Service says......
S Korea current account shrinks
South Korea's current account surplus almost halves in April after exports of computer and phone chips and oil products slow......
Retail sales 'post strong rise'
Retail sales rose strongly in May compared with a year earlier, according to the CBI business organisation......
Fall in US consumer confidence
US consumer confidence falls to an eight-month low as fears about the global economy and a falling domestic stock market hits sentiment......
Profits jump at Jaguar Land Rover
Jaguar Land Rover, the Indian-owned car manufacturer, announces a 34% rise in profits as sales hit a record high due to strong demand from emerging markets......
Hedge fund boss fined 3m by FSA
Hedge fund boss Alberto Micalizzi is fined 3m for concealing losses and lying to investors in a case that the regulator says is "amongst the most serious" of its kind......
BP to resume operations in Libya
BP, the British oil major, has announced that it will be resuming exploration operations in Libya, as safety fears subside following the 2011 conflict......
Scottish ban warning over Rangers
Scottish football could face an international ban after Rangers challenged the SFA's transfer sanctions in the courts, it is warned......
Ukraine 'should host Euro 2012'
The daughter of jailed Ukraine ex-PM Yulia Tymoshenko says Kiev should host Euro 2012 football as planned, despite allegations of political repression......
Halt Italian football, says PM
Professional football in Italy should be suspended for up to three years after a match-fixing row, Italian Prime Minister Mario Monti suggests......
VIDEO: Markets unsettled by Spain fears
Concerns over Spain's financial situation have sparked losses for shares across Europe and the United States......
AUDIO: Krugman: 'Austerity is deeply destructive'
The Nobel Prize-winning economist Paul Krugman speaks to Evan Davis following his withering attack on the British government's economic policy......
VIDEO: Most complained-about adverts
The Advertising Standards Authority's Guy Parker tells BBC Breakfast how his organisation deals with the most complained-about adverts......
AUDIO: How to keep cool in the office
A new report suggests ways for workers to stay cool while at work as the UK faces summer of heatwaves......
AUDIO: 'You can't solve debt with more debt'
The American Nobel prize-winning economist Paul Krugman was at the LSE last night attacking in a lecture the British government for its austerity policy. Evan Davis speaks to one of his opponents, the historian Niall Ferguson......
AUDIO: ECB declines Spain bank bailout
Radio 5 live asked a Spanish economics professor if he expected the ECB to turn down Spain's request for a bank bailout......
AUDIO: Lord Browne: 'Being gay was terrifying'
Business editor Robert Peston has been speaking to Lord Browne about what his life was like as a young, gay, BP executive in the 1960s......
VIDEO: 'Sleepy pilots' fear over EU hours plan
European proposals to change the number of hours worked by airline pilots are weaker than current UK regulations and could put passengers at risk, MPs have warned......
Lotus in limbo after chief's suspension
Sportscar and engineering firm eyes uncertain future.....
My Business: A formula for unruly hair
The Brazilian who developed a product for fabulous hair.....
World attention shifts to East Asia
World attention shifts to East Asia amid global slowdown.....
Shopping around for a bank account
Why it pays to shop around for a bank account.....
Are women their own worst enemy?
Are women to blame for not getting top jobs?.....
World's most ambitious ex-teacher?
Is this the world's most ambitious ex-teacher?.....
Investment charges: Will they become clearer?
Are investors given enough information?.....
U.S. Day Ahead: MS shares could come under fire
May 30 - The Facebook fallout continues for Morgan Stanley, retail could rally after a miserable April and alarm bells are ringing in the jobs market......
Any juice left for BlackBerry brand?
May 30 - The clock is ticking on Research in Motion as it explores its options after hiring bankers to review the business. Two analysts share different views on which direction the BlackBerry maker could go. Bobbi Rebell reports......
Wealth Strategies: Amazon, Facebook likely buyers of RIM
May 30 - After the maker of BlackBerry devices said it had retained bankers to explore strategic options. Tullett Prebon's Sachin Shah discusses possibly buyers and how to trade the stock's slide......
Trading at Noon: Analysts cut RIM outlook
May 30 - Analysts say the odds of a turnaround at the once iconic Blackberry maker are fading fast......
Trading at Noon: Analysts cut RIM outlook
May 30 - Analysts say the odds of a turnaround at the once iconic Blackberry maker are fading fast......
Markets hit by more pain in Spain
May 30 - The European Commission throws Spain two potential lifelines, offering more time to reduce its budget deficit and direct aid from a euro zone rescue fund to recapitalise distressed banks as the Madrid stock market hits a nine-year low. Ciara.....
It's not over for the BlackBerry: Brand strategist
May 30 - The BlackBerry brand is far from doomed, but Research in Motion needs to re-focus on user experience says Wolff Olins Senior Strategist Manlio Minale......
Breakingviews: Private equitys moment?
May 30 - Richard Beales talks to Jeffrey Goldfarb about the huge opportunity afforded the leveraged buyout industry by President Obamas attacks on Mitt Romney......
Europe Day Ahead: Ireland votes on EU fiscal pact
May 30 - Irish voters go to the polls in a referendum to accept or reject a fiscal compact between 25 EU member states that will require them to exercise greater budgetary discipline......
French luxury brands fight fakes
May 30 - Some of France's finest firms from the luxury brands industry including Chanel, Dior and Louis Vuitton launch publicity campaign to combat global counterfeiting. Hayley Platt reports......
3XSQ: What's next for Research in Motion?
May 30 - Shares of Blackberry maker Research in Motion are falling as the company hires bankers for a strategic review......
Irish vote small step for Europe....giant leap for Ireland
May 30 - Ireland is likely to vote for the EU's "fiscal compact" this week. Its people prepared to accept more austerity in the short term in return for a more secure future in Europe over the long term......
Berlin's cyber start-ups get talent "factory" of their own
May 30 - Cheap rents and an abundance of international talent have attracted around 1,300 internet start-up companies to Berlin in the last 5 years. Now they have a new home in the city centre......
Market Pulse: 50% chance Spain seeks bailout
May 30 - SOS to Europe:policy response urgently required. Markets in a spin as euro policy vacuum is filled by confusion, especially over Spain's banks. Peripheral bond yields soar, core yields at new lows......
UK firm goes for gold in Olympic queueing
May 30 - Britain-based company Tensator is the global leader in managing queues. So it expects to get a boost from the 2012 Olympic Games when around 500,000 extra people will be in London each day. Joanna Partridge reports......
Breakingviews: To bail out Bankia - first bail out Spain
Breaking views......
Samsung conglomerate rings with the Chaebol blues
May 30 - Family infighting sizzles at the top of one of South Korea's biggest companies......
Reuters Today: RIM seeks strategy help from bankers
May 30 - Blackberry-maker RIM hires bankers after shock loss warning, Facebook shares slump and family feud threatens Samsung......
Breakingviews: Luxury sales lashed by China political winds
Breakingviews explains......
Myanmar's migrant workers greet Suu Kyi in Thailand
May 30 - Hordes of Myanmar nationals gather near Bangkok to greet pro-democracy leader Aung San Suu Kyi, in her first venture overseas in 24 years......
U.S. Morning Call: RIM struggles to stay afloat
May 30 - Blackberry maker Research in Motion hires bankers for a far-reaching strategic review......
RIM turns outward for inward review
May 29 - Research in Motion has hired JP Morgan and RBC Capital Markets to review its business options as it warns of an operating loss for the quarter. Conway G. Gittens reports......
Prospects dim for RIM; Stocks rally
May 29 - Summary of business headlines: Research in Motion hires bankers to review its struggling business; Wall Street gains one percent as Europe worries temporarily fade. Conway G. Gittens reports......
Code red for RIM, says PE Hub's Marino
May 29 - By hiring JPMorgan and RBC Capital Markets, RIM is signalling a code red, says PE Hub's Marino. Potential buyers include Nokia, Google and Samsung......
Opera may hit right note for Facebook
May 29 - Facebook is under pressure to make money from mobile devices and that may have it tuning into Norway's Opera Software as the newly public company puts together a revenue building strategy. Bobbi Rebell reports......
Lord Browne urges businesses to end discrimination against homosexuals
Lord Browne has urged companies to do more to end discrimination against homosexuals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdca24c/mf.gif' border='0'/><br/><br/><a href="http://da.fee.....
High prices in rip-off Britain hampering the recovery, says Brussels
British consumers face "high prices" on the high street and taxes on travel and property in excess of any other European country, the European Commission warns.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdc.....
Spain in a state of 'total emergency'
Spain is in a state of 'total emergency', the country's former prime minister has warned, with Madrid facing punitive borrowing costs and the prospect of needing a Greek-style bail-out.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
BT Pension Scheme seals deal for 13pc stake in Thames Water
The BT Pension Scheme has become the second-largest shareholder in Thames Water as it looks to invest in an asset that will provide safe and sustainable returns to match the fund's long-term liabilities.<img width='1' height='1' src='http://telegr.....
Non-bank finance platforms given 100m boost
Online lending marketplaces which bypass the banks have been invited to apply for 100m of public money as part of a Government plan to stimulate alternative sources of finance for small businesses.<img width='1' height='1' src='http://telegraph.fe.....
European Commission calls for bank union in radical policy shift
The European Commission put itself on a collision course with Berlin by calling for a eurozone "bank union", including collective bail-outs, and a relaxation of the Fiscal Pact rules.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Kayak to delay IPO as Facebook shares sink further
Kayak, the online travel service, is said to be delaying its stock market flotation in America following Facebook's disastrous initial public offering.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbec39/mf.g.....
Rothschild and Rockefeller: their family fortunes
Harry Mount marvels at how these two dynasties have held on to their wealth for so long.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbe602/mf.gif' border='0'/><br/><br/><a href="http://da......
Energy reforms risk becoming 'expensive and inefficient', IEA warns
Government plans to reform the energy sector risk becoming "expensive and ineffective", the International Energy Agency (IEA) warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbe11d/mf.gif' border='0'/>.....
Daily and Sunday Mirror editors out as titles merge
Trinity Mirror Group is to merge the Daily Mirror and the Sunday Mirror in a move that has cost the editors of both newspapers their jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbdbe3/mf.gif' border='0.....
Spain faces 'total emergency' as fear grips markets
Spain facing gravest danger since end of Franco dictatorship as country is frozen out of global capital markets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbdbe4/mf.gif' border='0'/><br/><br/&g.....
How much longer will the ECB refuse to come to the rescue?
Do the single currency's 17 members sincerely want to save the euro?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbdbe5/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/13.....
Dublin forecasts 60pc of voters will back EU fiskalpakt
Ireland's government is confident of victory in Thursday's eurozone fiscal pact referendum as secret official polling forecasts that over 60pc of Irish voters will tick the Yes box.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Apple boss Tim Cook cosies up to Facebook
Apple has signalled it could end its long-running feud with Facebook, in a sign that the iPad and iPhone producer could become more collaborative with other companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Vodafone executive died after working his way through hotel minibar
A Vodafone executive was found dead in his five-star hotel room while on a business trip to America after drinking almost the entire contents of the minibar, an inquest heard yesterday.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Weavering boss Magnus Peterson committed fraud
Directors of failed hedge fund Weavering Capital have been ordered to pay $450m after they were found to have committed fraud in the months leading up to its collapse.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Debt crisis: as it happened May 30, 2012
EU says eurozone should consider setting up banking union and allow rescue fund to directly boost the capital of banks to further stop expensive bailouts from pulling down governments' own finances.<img width='1' height='1' src='http://telegraph.f.....
Admiral driven down as bears maul the FTSE
Murmurings that InterContinental Hotels could bunk up with Marriott got investors in the UK hotel group somewhat hot under the collar.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdb446c/mf.gif' border='0'/&g.....
Debt crisis: live
EU says eurozone should consider setting up banking union and allow rescue fund to directly boost the capital of banks to further stop expensive bailouts from pulling down governments' own finances.<img width='1' height='1' src='http://telegraph.f.....
Insurer Euler Hermes suspends cover on exports to Greece
Greece was dealt a further blow when the world's biggest trade credit insurer suspended cover for exporters shipping goods to the country.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdac0d5/mf.gif' border='0.....
Busson's EIM considers merger plan
EIM, the fund-of-hedge funds founded by the flamboyant Arpad Busson, has held merger talks with rival asset managers after suffering a spate of client withdrawals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
Busson's EIM considers merger plan
EIM, the fund-of-hedge funds founded by the flamboyant Arpad Busson, has held merger talks with rival asset managers after suffering a spate of client withdrawals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
Italian bond yields rise above 6pc danger level
Italy's borrowing costs rose to dangerously high levels as the government failed to meet its target for bonds sales when investors stayed away from the latest auction.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
RBS annual general meeting: as it happened - May 30, 2012
Sir Philip Hampton says RBS investors won't regain wealth 'in my lifetime', but adds that the 'great majority' supported paying Stephen Hester a bonus.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdac0d8/mf.g.....
RBS shareholders will never recover money they lost
Shareholders in Royal Bank of Scotland will never recover the money they lost in the wake of the lender's collapse more than three years ago, according to the taxpayer-backed bank's chairman.<img width='1' height='1' src='http://telegraph.feedspor.....
Fears over Spain's finances have sparked losses for stock markets and a move into safe haven investments......
Big boost for alternative lenders
The government plans a 100m boost for non-traditional lenders to business, including internet finance firms......
Eurozone bank bailouts proposed
The European Commission suggests that banks should be bailed out directly, and proposes a eurozone-wide banking union and deposit protection scheme......
Credit card loans shrink in April
Credit card lending in April recorded its biggest monthly contraction since August 2006, figures show, indicating further evidence of consumer caution......
'No countries ready to join euro'
The European Central Bank says that none of the eight countries that are supposed to join the euro are ready yet......
Support for UK deficit-cutting
The UK government should continue with deficit cutting policies at the same time as prioritising spending for growth, the European Commission recommends......
Contactless pay limit goes to 20
The limit on purchases made using wave-and-go card technology rises to 20 on Friday, as the Post Office says it will install the readers in branches......
Fuel price-cut law 'considered'
Transport Secretary Justine Greening says she will consider legislation to force petrol retailers to pass on cuts in the wholesale price of fuel......
Blackberry maker warns of loss
The company behind the Blackberry smartphone warns it will make a loss in its latest quarter and make "significant" job cuts, as it hires banks to review its business......
Mirror editors sacked in shake-up
The editors of the Daily Mirror and Sunday Mirror are 'made redundant' as the two newspapers merge into one title, says publisher Trinity Mirror......
Facebook shares fall to new low
Facebook shares fall to a new low below $29, less than two weeks after its high-profile flotation, as Russia's biggest social network cancels its share sale......
Distrust could hamper Green Deal
Public mistrust of the Big Six energy firms may undermine government plans for its planned Green Deal, according to the International Energy Agency......
Apple boss: Not trying to be Jobs
Apple's new chief executive Tim Cook says Steve Jobs was a "visionary" and his role "was never to replace him"......
Sportingbet's profit hit by Spain
Quarterly profits slump at Sportingbet after it was forced to suspend its Spanish operation following a court ruling......
Booker Group to buy rival Makro
Food wholesaler Booker Group is buying rival Makro UK in a combined share issue and cash deal worth 139.7m in total......
Samsung family feuds over shares
The chairman of Samsung Electronics, Lee Kun-hee, is to defend three lawsuits from family members claiming ownership of $1bn of company assets......
Doctors to take industrial action
Doctors will stop providing non-urgent care for a day next month in the first industrial action by the profession for nearly 40 years......
Cars roar ahead in Queen's reign
BBC transport correspondent Richard Westcott looks at how motoring has changed throughout the Queen's 60 year-reign......
Firm condemned for 'Jubilee loan'
A payday lender is criticised after it published a blog suggesting people could take out a loan to fund their Jubilee celebrations......
April house price drop confirmed
House prices in England and Wales fell last month following the end of the stamp duty holiday for first-time buyers, the Land Registry says......
Dentistry 'needs urgent reform'
Some dentists are misleading their patients about their right to NHS treatment, so the patients pay for more expensive private ones instead......
Tenants 'face more debt problems'
People who rent their homes are increasingly likely to have debt problems, the Consumer Credit Counselling Service says......
S Korea current account shrinks
South Korea's current account surplus almost halves in April after exports of computer and phone chips and oil products slow......
Retail sales 'post strong rise'
Retail sales rose strongly in May compared with a year earlier, according to the CBI business organisation......
Fall in US consumer confidence
US consumer confidence falls to an eight-month low as fears about the global economy and a falling domestic stock market hits sentiment......
Profits jump at Jaguar Land Rover
Jaguar Land Rover, the Indian-owned car manufacturer, announces a 34% rise in profits as sales hit a record high due to strong demand from emerging markets......
Hedge fund boss fined 3m by FSA
Hedge fund boss Alberto Micalizzi is fined 3m for concealing losses and lying to investors in a case that the regulator says is "amongst the most serious" of its kind......
BP to resume operations in Libya
BP, the British oil major, has announced that it will be resuming exploration operations in Libya, as safety fears subside following the 2011 conflict......
Scottish ban warning over Rangers
Scottish football could face an international ban after Rangers challenged the SFA's transfer sanctions in the courts, it is warned......
Ukraine 'should host Euro 2012'
The daughter of jailed Ukraine ex-PM Yulia Tymoshenko says Kiev should host Euro 2012 football as planned, despite allegations of political repression......
Halt Italian football, says PM
Professional football in Italy should be suspended for up to three years after a match-fixing row, Italian Prime Minister Mario Monti suggests......
VIDEO: Markets unsettled by Spain fears
Concerns over Spain's financial situation have sparked losses for shares across Europe and the United States......
AUDIO: Krugman: 'Austerity is deeply destructive'
The Nobel Prize-winning economist Paul Krugman speaks to Evan Davis following his withering attack on the British government's economic policy......
VIDEO: Most complained-about adverts
The Advertising Standards Authority's Guy Parker tells BBC Breakfast how his organisation deals with the most complained-about adverts......
AUDIO: How to keep cool in the office
A new report suggests ways for workers to stay cool while at work as the UK faces summer of heatwaves......
AUDIO: 'You can't solve debt with more debt'
The American Nobel prize-winning economist Paul Krugman was at the LSE last night attacking in a lecture the British government for its austerity policy. Evan Davis speaks to one of his opponents, the historian Niall Ferguson......
AUDIO: ECB declines Spain bank bailout
Radio 5 live asked a Spanish economics professor if he expected the ECB to turn down Spain's request for a bank bailout......
AUDIO: Lord Browne: 'Being gay was terrifying'
Business editor Robert Peston has been speaking to Lord Browne about what his life was like as a young, gay, BP executive in the 1960s......
VIDEO: 'Sleepy pilots' fear over EU hours plan
European proposals to change the number of hours worked by airline pilots are weaker than current UK regulations and could put passengers at risk, MPs have warned......
Lotus in limbo after chief's suspension
Sportscar and engineering firm eyes uncertain future.....
My Business: A formula for unruly hair
The Brazilian who developed a product for fabulous hair.....
World attention shifts to East Asia
World attention shifts to East Asia amid global slowdown.....
Shopping around for a bank account
Why it pays to shop around for a bank account.....
Are women their own worst enemy?
Are women to blame for not getting top jobs?.....
World's most ambitious ex-teacher?
Is this the world's most ambitious ex-teacher?.....
Investment charges: Will they become clearer?
Are investors given enough information?.....
U.S. Day Ahead: MS shares could come under fire
May 30 - The Facebook fallout continues for Morgan Stanley, retail could rally after a miserable April and alarm bells are ringing in the jobs market......
Any juice left for BlackBerry brand?
May 30 - The clock is ticking on Research in Motion as it explores its options after hiring bankers to review the business. Two analysts share different views on which direction the BlackBerry maker could go. Bobbi Rebell reports......
Wealth Strategies: Amazon, Facebook likely buyers of RIM
May 30 - After the maker of BlackBerry devices said it had retained bankers to explore strategic options. Tullett Prebon's Sachin Shah discusses possibly buyers and how to trade the stock's slide......
Trading at Noon: Analysts cut RIM outlook
May 30 - Analysts say the odds of a turnaround at the once iconic Blackberry maker are fading fast......
Trading at Noon: Analysts cut RIM outlook
May 30 - Analysts say the odds of a turnaround at the once iconic Blackberry maker are fading fast......
Markets hit by more pain in Spain
May 30 - The European Commission throws Spain two potential lifelines, offering more time to reduce its budget deficit and direct aid from a euro zone rescue fund to recapitalise distressed banks as the Madrid stock market hits a nine-year low. Ciara.....
It's not over for the BlackBerry: Brand strategist
May 30 - The BlackBerry brand is far from doomed, but Research in Motion needs to re-focus on user experience says Wolff Olins Senior Strategist Manlio Minale......
Breakingviews: Private equitys moment?
May 30 - Richard Beales talks to Jeffrey Goldfarb about the huge opportunity afforded the leveraged buyout industry by President Obamas attacks on Mitt Romney......
Europe Day Ahead: Ireland votes on EU fiscal pact
May 30 - Irish voters go to the polls in a referendum to accept or reject a fiscal compact between 25 EU member states that will require them to exercise greater budgetary discipline......
French luxury brands fight fakes
May 30 - Some of France's finest firms from the luxury brands industry including Chanel, Dior and Louis Vuitton launch publicity campaign to combat global counterfeiting. Hayley Platt reports......
3XSQ: What's next for Research in Motion?
May 30 - Shares of Blackberry maker Research in Motion are falling as the company hires bankers for a strategic review......
Irish vote small step for Europe....giant leap for Ireland
May 30 - Ireland is likely to vote for the EU's "fiscal compact" this week. Its people prepared to accept more austerity in the short term in return for a more secure future in Europe over the long term......
Berlin's cyber start-ups get talent "factory" of their own
May 30 - Cheap rents and an abundance of international talent have attracted around 1,300 internet start-up companies to Berlin in the last 5 years. Now they have a new home in the city centre......
Market Pulse: 50% chance Spain seeks bailout
May 30 - SOS to Europe:policy response urgently required. Markets in a spin as euro policy vacuum is filled by confusion, especially over Spain's banks. Peripheral bond yields soar, core yields at new lows......
UK firm goes for gold in Olympic queueing
May 30 - Britain-based company Tensator is the global leader in managing queues. So it expects to get a boost from the 2012 Olympic Games when around 500,000 extra people will be in London each day. Joanna Partridge reports......
Breakingviews: To bail out Bankia - first bail out Spain
Breaking views......
Samsung conglomerate rings with the Chaebol blues
May 30 - Family infighting sizzles at the top of one of South Korea's biggest companies......
Reuters Today: RIM seeks strategy help from bankers
May 30 - Blackberry-maker RIM hires bankers after shock loss warning, Facebook shares slump and family feud threatens Samsung......
Breakingviews: Luxury sales lashed by China political winds
Breakingviews explains......
Myanmar's migrant workers greet Suu Kyi in Thailand
May 30 - Hordes of Myanmar nationals gather near Bangkok to greet pro-democracy leader Aung San Suu Kyi, in her first venture overseas in 24 years......
U.S. Morning Call: RIM struggles to stay afloat
May 30 - Blackberry maker Research in Motion hires bankers for a far-reaching strategic review......
RIM turns outward for inward review
May 29 - Research in Motion has hired JP Morgan and RBC Capital Markets to review its business options as it warns of an operating loss for the quarter. Conway G. Gittens reports......
Prospects dim for RIM; Stocks rally
May 29 - Summary of business headlines: Research in Motion hires bankers to review its struggling business; Wall Street gains one percent as Europe worries temporarily fade. Conway G. Gittens reports......
Code red for RIM, says PE Hub's Marino
May 29 - By hiring JPMorgan and RBC Capital Markets, RIM is signalling a code red, says PE Hub's Marino. Potential buyers include Nokia, Google and Samsung......
Opera may hit right note for Facebook
May 29 - Facebook is under pressure to make money from mobile devices and that may have it tuning into Norway's Opera Software as the newly public company puts together a revenue building strategy. Bobbi Rebell reports......
Lord Browne urges businesses to end discrimination against homosexuals
Lord Browne has urged companies to do more to end discrimination against homosexuals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdca24c/mf.gif' border='0'/><br/><br/><a href="http://da.fee.....
High prices in rip-off Britain hampering the recovery, says Brussels
British consumers face "high prices" on the high street and taxes on travel and property in excess of any other European country, the European Commission warns.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdc.....
Spain in a state of 'total emergency'
Spain is in a state of 'total emergency', the country's former prime minister has warned, with Madrid facing punitive borrowing costs and the prospect of needing a Greek-style bail-out.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
BT Pension Scheme seals deal for 13pc stake in Thames Water
The BT Pension Scheme has become the second-largest shareholder in Thames Water as it looks to invest in an asset that will provide safe and sustainable returns to match the fund's long-term liabilities.<img width='1' height='1' src='http://telegr.....
Non-bank finance platforms given 100m boost
Online lending marketplaces which bypass the banks have been invited to apply for 100m of public money as part of a Government plan to stimulate alternative sources of finance for small businesses.<img width='1' height='1' src='http://telegraph.fe.....
European Commission calls for bank union in radical policy shift
The European Commission put itself on a collision course with Berlin by calling for a eurozone "bank union", including collective bail-outs, and a relaxation of the Fiscal Pact rules.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Kayak to delay IPO as Facebook shares sink further
Kayak, the online travel service, is said to be delaying its stock market flotation in America following Facebook's disastrous initial public offering.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbec39/mf.g.....
Rothschild and Rockefeller: their family fortunes
Harry Mount marvels at how these two dynasties have held on to their wealth for so long.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbe602/mf.gif' border='0'/><br/><br/><a href="http://da......
Energy reforms risk becoming 'expensive and inefficient', IEA warns
Government plans to reform the energy sector risk becoming "expensive and ineffective", the International Energy Agency (IEA) warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbe11d/mf.gif' border='0'/>.....
Daily and Sunday Mirror editors out as titles merge
Trinity Mirror Group is to merge the Daily Mirror and the Sunday Mirror in a move that has cost the editors of both newspapers their jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbdbe3/mf.gif' border='0.....
Spain faces 'total emergency' as fear grips markets
Spain facing gravest danger since end of Franco dictatorship as country is frozen out of global capital markets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbdbe4/mf.gif' border='0'/><br/><br/&g.....
How much longer will the ECB refuse to come to the rescue?
Do the single currency's 17 members sincerely want to save the euro?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdbdbe5/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/13.....
Dublin forecasts 60pc of voters will back EU fiskalpakt
Ireland's government is confident of victory in Thursday's eurozone fiscal pact referendum as secret official polling forecasts that over 60pc of Irish voters will tick the Yes box.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Apple boss Tim Cook cosies up to Facebook
Apple has signalled it could end its long-running feud with Facebook, in a sign that the iPad and iPhone producer could become more collaborative with other companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Vodafone executive died after working his way through hotel minibar
A Vodafone executive was found dead in his five-star hotel room while on a business trip to America after drinking almost the entire contents of the minibar, an inquest heard yesterday.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Weavering boss Magnus Peterson committed fraud
Directors of failed hedge fund Weavering Capital have been ordered to pay $450m after they were found to have committed fraud in the months leading up to its collapse.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Debt crisis: as it happened May 30, 2012
EU says eurozone should consider setting up banking union and allow rescue fund to directly boost the capital of banks to further stop expensive bailouts from pulling down governments' own finances.<img width='1' height='1' src='http://telegraph.f.....
Admiral driven down as bears maul the FTSE
Murmurings that InterContinental Hotels could bunk up with Marriott got investors in the UK hotel group somewhat hot under the collar.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdb446c/mf.gif' border='0'/&g.....
Debt crisis: live
EU says eurozone should consider setting up banking union and allow rescue fund to directly boost the capital of banks to further stop expensive bailouts from pulling down governments' own finances.<img width='1' height='1' src='http://telegraph.f.....
Insurer Euler Hermes suspends cover on exports to Greece
Greece was dealt a further blow when the world's biggest trade credit insurer suspended cover for exporters shipping goods to the country.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdac0d5/mf.gif' border='0.....
Busson's EIM considers merger plan
EIM, the fund-of-hedge funds founded by the flamboyant Arpad Busson, has held merger talks with rival asset managers after suffering a spate of client withdrawals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
Busson's EIM considers merger plan
EIM, the fund-of-hedge funds founded by the flamboyant Arpad Busson, has held merger talks with rival asset managers after suffering a spate of client withdrawals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
Italian bond yields rise above 6pc danger level
Italy's borrowing costs rose to dangerously high levels as the government failed to meet its target for bonds sales when investors stayed away from the latest auction.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
RBS annual general meeting: as it happened - May 30, 2012
Sir Philip Hampton says RBS investors won't regain wealth 'in my lifetime', but adds that the 'great majority' supported paying Stephen Hester a bonus.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fdac0d8/mf.g.....
RBS shareholders will never recover money they lost
Shareholders in Royal Bank of Scotland will never recover the money they lost in the wake of the lender's collapse more than three years ago, according to the taxpayer-backed bank's chairman.<img width='1' height='1' src='http://telegraph.feedspor.....
Tuesday 29 May 2012
UK Financial News on 2012-05-29
Investors demand analysts examine governance issues
A number of the UK's largest asset managers have accused sellside analysts of failing to focus on corporate governance issues at the firms they cover.....
Black-box Winton goes to CERN for talent
Winton Capital, Europe's largest computer-driven hedge fund, has been forced to take its search for top research scientists to the particle physics capital of Switzerland.....
Basel rules narrow hybrid options
The Basel III financial regulations are making it prohibitively expensive for banks to issue one class of hybrid capital.....
iShares launches first consolidated ETF tape
iShares will this week launch the first consolidated tape for the European ETF market, as part of a joint venture with data provider Bloomberg......
AkzoNobel looks at second longevity swap
AkzoNobel is considering a longevity swap for the second of its large UK pension funds, following a deal announced for the first fund last week.....
Fund plan for Milans Galleria of Italian luxury
Italy's luxury goods association Fondazione Altagamma has unveiled a development plan for Milan's 19th-century landmark the Galleria Vittorio Emanuele II.....
More hires than fires lift some market gloom
While the majority of firms are cutting staff a few opportunistic banks and boutiques in the City are increasing their headcount in an attempt to snap up talent in uncertain markets.....
Facebook shares fall to new low
Facebook shares fall to a new low below $29, less than two weeks after its high-profile flotation, as Russia's biggest social network cancels its planned share sale......
Blackberry maker warns of loss
The company behind the Blackberry smartphone warns it will make a loss in its latest quarter and make "significant" job cuts, as it hires banks to review its business......
Hedge fund boss fined 3m by FSA
Hedge fund boss Alberto Micalizzi is fined 3m for concealing losses and lying to investors in a case that the regulator says is "amongst the most serious" of its kind......
Ex-Olympus boss gets settlement
The sacked British former chief executive of Olympus who shed light on an accounting scandal settles his claim of unfair dismissal......
Profits jump at Jaguar Land Rover
Jaguar Land Rover, the Indian-owned car manufacturer, announces a 34% rise in profits as sales hit a record high due to strong demand from emerging markets......
Three Spanish banks agree merger
Three Spanish savings banks - Ibercaja, Liberbank and Caja3 - approve a merger to strengthen their weakened balance sheets......
Firm condemned for 'Jubilee loan'
A payday lender is criticised after it published a blog suggesting people could take out a loan to fund their Jubilee celebrations......
Retail sales 'post strong rise'
Retail sales rose strongly in May compared with a year earlier, according to the CBI business organisation......
Dentistry 'needs urgent reform'
Some dentists are misleading their patients about their right to NHS treatment, so the patients pay for more expensive private ones instead......
BP to resume operations in Libya
BP, the British oil major, has announced that it will be resuming exploration operations in Libya, as safety fears subside following the 2011 conflict......
Fall in US consumer confidence
US consumer confidence falls to an eight-month low as fears about the global economy and a falling domestic stock market hits sentiment......
Tenants 'face more debt problems'
People who rent their homes are increasingly likely to have debt problems, the Consumer Credit Counselling Service says......
'Pasty tax' U-turn warms Greggs
Greggs, the UK's largest bakery chain, enjoys a 6% share price boost after the government revises its "pasty tax" proposal......
Topps Tiles' profits fall by half
Profits at Topps Tiles fell by half in the past six months to March due to falling customers numbers in tough economic times, the company says......
South African growth rate slows
Economic growth in South African slowed sharply in the first quarter of the year, hit by a big fall in output from its key mining sector......
De La Rue annual profits decline
Profits at banknote printer De La Rue more than halve as a result of increased investment and restructuring work after production problems last year......
Pinewood's 7.1m planning impact
Pinewood Shepperton says the government's decision not to award it planning permission for a substantial expansion has cost the company 7.1m......
Pink diamond is sold for $17.4m
A rare pink diamond is auctioned for $17.4m (11.1m) - far higher than expected - after six minutes of frenzied bidding in Hong Kong......
Online tax calculator falls over
A government internet service allowing people to check how their income tax and national insurance is spent, struggles on its first day......
April house price drop confirmed
House prices in England and Wales fell last month following the end of the stamp duty holiday for first-time buyers, the Land Registry says......
Women 'still missing' in top jobs
Fewer than a third of the UK's most influential jobs are held by women, figures compiled by the BBC News website show......
Protection for savers publicised
Bank, building society, and credit union branches will have to display posters and stickers about which compensation scheme applies to them......
Japan spending continues in April
Japan's retail sales and household spending continues in April, albeit at a slower pace than in earlier months......
China to launch yen-yuan trade
China will allow direct trading of the yuan and the Japanese yen next month, in a move aimed at promoting trade between Asia's two biggest economies......
Call for infrastructure funding
The government should do more to encourage private pension funds to invest in public sector infrastructure projects, the CBI says......
US law firm files for bankruptcy
Dewey & LeBoeuf files for bankruptcy protection and plans to liquidate its business, which would make it the biggest collapse of a US law firm......
Prudential appoints new chairman
UK insurer Prudential ends its five-month hunt for a new chairman by appointing Paul Manduca to replace Harvey McGrath......
Blackberry firm loses top manager
Blackberry-maker Research In Motion says chief legal officer Karima Bawa has resigned, the latest in a series of departures from the firm......
Rangers' administrators issue CVA
Rangers' administrators Duff & Phelps issue an offer to creditors for a company voluntary arrangement......
Lazio captain arrested by police
Lazio's Stefano Mauri is arrested by match-fixing investigators, as Antonio Conte and Domenico Criscito are questioned......
Neath FC wound up at High Court
Welsh Premier League side Neath FC is wound up at London's High Court, a week after the rugby club escaped a similar order at the same court......
VIDEO: Cherie Blair: More women needed at the top
Philippa Thomas spoke to Cherie Blair about what she believes can be done to get more women to the top......
VIDEO: Are the BRICS solid?
The BBC's Economics correspondent Andrew Walker explains what and how important the BRICS countries are......
VIDEO: Unflagging efforts for Jubilee fun
There are business winners - and losers - in the eastern region as the nation prepares for the Diamond Jubilee holiday......
VIDEO: Is it possible to live on mobile money?
BBC technology correspondent Rory Cellan-Jones tries to live without cash for a few days using just mobile phone payment applications instead......
VIDEO: RFID tech ousts fake bird's nests
RFID technology is being used in Malaysia to stop the nests used to make Chinese delicacy bird's nest soup being counterfeited.....
AUDIO: Jaguar bites back
Jaguar Land Rover is expected to report another year of record results when it releases earnings later today in another sign of a revival of the car industry in the UK, which now exports more cars than it imports for the first time since 1976. JLR is.....
AUDIO: Why Britain is so yellow
Farmers are growing more oil seed rape than ever before. The BBC's Fiona Trott reports from a yellow field in Northumberland to find out why......
VIDEO: Ireland to consider fiscal treaty
On Thursday, voters in the Republic of Ireland will go to the polls to decide in a referendum whether to back the European Fiscal Treaty, which would give Europe more power over the country's economy......
Are women their own worst enemy?
Are women to blame for not getting top jobs?.....
RFID technology thwarts bird's nest counterfeiters
The radio technology ensuring genuine nest soup.....
Investment charges: Will they become clearer?
Are investors given enough information?.....
Africans eye Chinese enterprise
African entrepreneurs open factories in China.....
Asia's wealthy fuel museum boom
Asia's wealthy initiate museum boom.....
Opera may hit right note for Facebook
May 29 - Facebook is under pressure to make money from mobile devices and that may have it tuning into Norway's Opera Software as the newly public company puts together a revenue building strategy. Bobbi Rebell reports......
Struggle not over for housing
May 29 - U.S. home prices crept higher in March but a full-fledged recovery is still absent, according to Yale professor Robert Shiller, co-founder of the S&P/Case-Shiller index. Conway G. Gittens reports......
U.S. Day Ahead: Shareholders could tell big oil to frack off
May 29 - Pressure mounts on Exxon and Chevron to come clean on fracking, we could get more reaction to investors defriending Facebook and why Barcelona's airport is getting trashed......
Saft Says: Facebook an act of cynicism across the board
Columnist James Saft says no one really has faith in Facebook's valuation which will need revenues of 50% per year for five years to be an expensive stock......
U.S. Home prices head higher for 2nd month in a row
May 29 - Robert Shiller, Yale economics professor and co-creator of the Case-Shiller Index, says the latest report shows housing prices may be breaking out, but previous break-outs have fizzled......
Wealth Strategies: Facebook should be a $50 bln company
May 29 - Wells Fargo's Walter Price says a fair valuation for Facebook would be $50 billion and that he wouldn't consider buying shares unless they fell below $20......
Abby Joseph Cohen: Stocks will lag corporate profits
Companies will churn out profits but worries about Europe and uncertainty surrounding the election will keep a lid on stocks for months. Still, Goldman Sachs Abby Joseph Cohen does see share prices higher a year or so from now......
Trading at Noon: Markets up; Facebook stock takes a dive
May 29 - U.S. stocks are moving higher today but Facebook not following the trend, with shares down close to 5 percent......
Gourmets favor Israel's kibbutz caviar
May 29 - Caviar from sturgeon farmed on an Israeli kibbutz is finding favour with gourmets around the world. Joanna Partridge reports......
Breakingviews: Buffett and insider trading
May 29 - The Sage of Omaha looms over Rajat Guptas trial and over last years David Sokol affair. Richard Beales and Breakingviews columnists explore the connections......
Europe Day Ahead: No relief from euro zone bank worries
May 29 - The euro zone's ailing lenders stay firmly in the spotlight as Greek banks prepare to report earnings and Spain looks set to issue new debt to fund its own struggling banks......
Spain's markets plan to fund banks
May.29 - Spain is to issue new bonds to fund its ailing banks and indebted regions despite borrowing costs nearing the unsustainable 7 percent level. Ciara Sutton reports......
3XSQ: Facebook could buy Opera Software; Spain struggles
May 29 - Facebook may compete with Google to buy Opera Software for over $1 billion, and Spain will soon issue new bonds to fund its ailing banks......
Nigeria oil theft crack-down
May 29 - While the Nigerian government tries to push through legislation to attract foreign oil investors, the army is carrying out raids to stamp out the illicit aspect of the trade but the country has little hope of ending corruption. Joanne Nichol.....
Market Pulse: "Money don't lie" - a worry for the euro
May 29 - From Spain's banks to Italy's debt pile, there's precious little good news for the euro out there. But when everyone is so bearish, how low can it go?.....
Bulgaria pockets Greek jeans maker
May 29 - Hundreds of small Greek entrepreneurs, pushed to the wall by rising taxes, fees and uncertainty at home are looking north to Bulgaria to transfer their companies and benefit from its favorable tax rates, cheap rent and labor. Ethan Bilby rep.....
Breakingviews: Europe's lenders make fools of savers
Breakingviews......
Samsung vs Apple: The Galaxy strikes back
Insider's Julian Satterthwaite asks Cnet.co.uk editor Jason Jenkins whether it's enough to take the initiative from arch rival Apple......
Reuters Today: Spanish debt costs spiral
May 29 - Spain's 10-year borrowing costs near danger level, firms plan for Greek unrest and Samsung steals a march on Apple with its new Galaxy......
Direct yuan-yen trade from June
May 29 - Japan and China will start trading their currencies directly in Tokyo and Shanghai from June 1 to shore up trade and financial ties between Asia's two biggest economies......
Indian Inc: we haven't missed the Myanmar bus
May 29 -Indian business leaders say Myanmar is only just starting to open up, and Indian firms are poised to help and gain......
U.S. Morning Call: Facebook eyes Opera; DOJ probes BP
May 29 - Analysts say it would take Facebook over $1 billion to buy Opera Software, and the U.S. Justice Dept. is investigating whether BP execs lied to Congress, the WSJ reports......
Europe Day Ahead: Italy re-tests bond appetite
May 28 - Growing support for Greece's pro-bailout parties offers some cheer to investors. Italian borrowing costs reach a two-year high with more bond sales due this week......
Sex trade in Greece cools off
May 28 - Of 400 sex shops in Athens, there are now only 100 left and a hike in VAT on their wares has left the industry floundering. Joanne Nicholson reports......
Bankia shares plunge on bailout woes
May 28 - Spanish debt yields jumped and shares in fourth-largest lender Bankia SA plunge to record lows, highlighting a lack of confidence in government efforts to stabilise the finances of Spain and its ailing banks. Ciara Sutton reports......
Benefits spending blows out by 9bn
Benefit spending will be 9bn higher than planned because of Coalition's failure to get people off welfare, research suggests.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd26217/mf.gif' border='0'/><br/.....
Facebook crashes below $30 in 'worst IPO in a decade'
Shares in Facebook have dropped below the $30 mark, capping what has been hailed as the most disastrous start to trading of any major flotation in the last decade.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
HGS investor sues to stop 'poison pill'
A shareholder in Human Genome Sciences has filed a lawsuit against the biotech business in a bid to block the "poison pill" employed to fend off GlaxoSmithKline's hostile takeover offer.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Draft EU bank resolution law: main points
The European Commission is due to propose a draft law on June 6 to give supervisors across the European Union common tools to deal with troubled banks and keep taxpayers off the hook, according to reports. Here are the main points.<img width='1' h.....
BP's Russian oil venture frozen by doubt after resignation of TNK-BP chief Mikhail Fridman
When BP's chief executive, Bob Dudley, unveiled its Arctic exploration deal with Russia's Rosneft in January last year, he heralded it as "a new template for how business can be done in our industry".<img width='1' height='1' src='http://telegraph.....
Spanish data underscore dangerous economic slide
Spanish retail sales plunged a record 9.8pc last month underscoring a dangerous economic slide that could derail Madrid's efforts to shore-up its banks and struggling regions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Trust sells 28pc stake in Moss Bros
More than a quarter of Moss Bros's shares - a stake once owned by Sir Philip Green - changed hands on Tuesday, landing the seller with a 4m profit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd25532/mf.gif' .....
Increasing 'crisis of confidence' in the EU
Germany is the European Union's only major nation that still believes political integration has helped its economy amid "a full-blown crisis of confidence" across the region, opinion surveys have found.<img width='1' height='1' src='http://telegra.....
French deluge fails to dampen Wolseley confidence
British building services giant Wolseley has pledged to stick with its European business despite seeing profits dented by the region's troubles.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1c492/mf.gif' bor.....
Pay revolt follows board bust-up at Lonrho
Lonrho has been hit by a pay revolt a day after Sir Richard Needham quit the board following a row over corporate governance at the Africa-focused group.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1c0c4/mf.....
Retail sales recovering, CBI says
Retailers have started recruiting for the first time in almost a decade as the high street gears up for a busy summer, according to the CBI.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1c0c5/mf.gif' border=.....
QE prospects dwindle
The chances of the Bank of England launching another round of quantitative easing next week have retreated after two policymakers suggested the UK's monetary stance is already loose enough.<img width='1' height='1' src='http://telegraph.feedsporta.....
Christine Lagarde attack on Greece backfires as she pays no tax
Christine Lagarde, the International Monetary Fund managing director who provoked an angry reaction from the Greek people after telling them to pay their taxes, does not pay tax on her own salary, it has emerged.<img width='1' height='1' src='http.....
Barclays calls off sale of French and Italian arms
Barclays has decided against the sale of its businesses in France and Italy ending speculation the British bank could offload large parts of its European retail operations.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
China should not be allowed to buy the LME
For 135 years, the London Metal Exchange has been at the heart of world industry, setting prices for metals from aluminium to zinc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1b452/mf.gif' border='0'/>&.....
FSA fines hedge fund chief 3m who hid losses
A hedge fund boss has been fined a record 3m by the City regulator for hiding huge losses at his company from investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1b453/mf.gif' border='0'/><br/>&.....
Debt crisis: as it happened - May 29, 2012
Economy Ministry says government will approve issuing of joint bonds by regional governments to make it easier for them to raise capital, as Bank of Spain warns that the country's economy will continue to shrink in the second quarter of this year.<.....
Hotel investors hope for transatlantic tie-up
Murmurings that InterContinental Hotels could bunk up with Marriott got investors in the UK hotel group somewhat hot under the collar.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd113d8/mf.gif' border='0'/&g.....
FSA's record penalties help ease burden of fees
The record fines levied by the Financial Services Authority over the past year have meant the regulator has been able to pass on a larger than expected discount in the fees it charges.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Questor share tip: Buy Brewin Dolphin for its yield
"It may be a sunny day here in London, but generally speaking it's rather stormy out there," joked Jamie Matheson, executive chairman of Brewin Dolphin, as he reflected on his company's performance during the first half of the year.<img width='1' .....
China prepares to boost economy
China is close to unveiling a fresh package of economic reforms in a move that experts believe will boost its slowing economy and support global growth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd113db/mf......
Debt crisis: live
Economy Ministry says government will approve issuing of joint bonds by regional governments to make it easier for them to raise capital, as Bank of Spain warns that the country's economy will continue to shrink in the second quarter of this year.<.....
Europe's debtors must pawn their gold for Eurobond Redemption
Southern Europe's debtor states must pledge their gold reserves and national treasure as collateral under a 2.3 trillion stabilisation plan gaining momentum in Germany.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Facebook eyes mobile firm Opera to help it launch its own smartphone
Facebook is trying to buy up mobile phone technology firms and hiring top-flight engineers to help it launch its own smartphone device, it has emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd0c1dc/mf.g.....
Quercus profits drop as it battles to repeat Girl with the Dragon Tattoo success
Quercus, the publisher behind Stieg Larsson's The Girl with the Dragon Tattoo, more than doubled digital revenues last year but saw profits slip as it battled to come up with another bestseller on the same scale.<img width='1' height='1' src='http.....
A number of the UK's largest asset managers have accused sellside analysts of failing to focus on corporate governance issues at the firms they cover.....
Black-box Winton goes to CERN for talent
Winton Capital, Europe's largest computer-driven hedge fund, has been forced to take its search for top research scientists to the particle physics capital of Switzerland.....
Basel rules narrow hybrid options
The Basel III financial regulations are making it prohibitively expensive for banks to issue one class of hybrid capital.....
iShares launches first consolidated ETF tape
iShares will this week launch the first consolidated tape for the European ETF market, as part of a joint venture with data provider Bloomberg......
AkzoNobel looks at second longevity swap
AkzoNobel is considering a longevity swap for the second of its large UK pension funds, following a deal announced for the first fund last week.....
Fund plan for Milans Galleria of Italian luxury
Italy's luxury goods association Fondazione Altagamma has unveiled a development plan for Milan's 19th-century landmark the Galleria Vittorio Emanuele II.....
More hires than fires lift some market gloom
While the majority of firms are cutting staff a few opportunistic banks and boutiques in the City are increasing their headcount in an attempt to snap up talent in uncertain markets.....
Facebook shares fall to new low
Facebook shares fall to a new low below $29, less than two weeks after its high-profile flotation, as Russia's biggest social network cancels its planned share sale......
Blackberry maker warns of loss
The company behind the Blackberry smartphone warns it will make a loss in its latest quarter and make "significant" job cuts, as it hires banks to review its business......
Hedge fund boss fined 3m by FSA
Hedge fund boss Alberto Micalizzi is fined 3m for concealing losses and lying to investors in a case that the regulator says is "amongst the most serious" of its kind......
Ex-Olympus boss gets settlement
The sacked British former chief executive of Olympus who shed light on an accounting scandal settles his claim of unfair dismissal......
Profits jump at Jaguar Land Rover
Jaguar Land Rover, the Indian-owned car manufacturer, announces a 34% rise in profits as sales hit a record high due to strong demand from emerging markets......
Three Spanish banks agree merger
Three Spanish savings banks - Ibercaja, Liberbank and Caja3 - approve a merger to strengthen their weakened balance sheets......
Firm condemned for 'Jubilee loan'
A payday lender is criticised after it published a blog suggesting people could take out a loan to fund their Jubilee celebrations......
Retail sales 'post strong rise'
Retail sales rose strongly in May compared with a year earlier, according to the CBI business organisation......
Dentistry 'needs urgent reform'
Some dentists are misleading their patients about their right to NHS treatment, so the patients pay for more expensive private ones instead......
BP to resume operations in Libya
BP, the British oil major, has announced that it will be resuming exploration operations in Libya, as safety fears subside following the 2011 conflict......
Fall in US consumer confidence
US consumer confidence falls to an eight-month low as fears about the global economy and a falling domestic stock market hits sentiment......
Tenants 'face more debt problems'
People who rent their homes are increasingly likely to have debt problems, the Consumer Credit Counselling Service says......
'Pasty tax' U-turn warms Greggs
Greggs, the UK's largest bakery chain, enjoys a 6% share price boost after the government revises its "pasty tax" proposal......
Topps Tiles' profits fall by half
Profits at Topps Tiles fell by half in the past six months to March due to falling customers numbers in tough economic times, the company says......
South African growth rate slows
Economic growth in South African slowed sharply in the first quarter of the year, hit by a big fall in output from its key mining sector......
De La Rue annual profits decline
Profits at banknote printer De La Rue more than halve as a result of increased investment and restructuring work after production problems last year......
Pinewood's 7.1m planning impact
Pinewood Shepperton says the government's decision not to award it planning permission for a substantial expansion has cost the company 7.1m......
Pink diamond is sold for $17.4m
A rare pink diamond is auctioned for $17.4m (11.1m) - far higher than expected - after six minutes of frenzied bidding in Hong Kong......
Online tax calculator falls over
A government internet service allowing people to check how their income tax and national insurance is spent, struggles on its first day......
April house price drop confirmed
House prices in England and Wales fell last month following the end of the stamp duty holiday for first-time buyers, the Land Registry says......
Women 'still missing' in top jobs
Fewer than a third of the UK's most influential jobs are held by women, figures compiled by the BBC News website show......
Protection for savers publicised
Bank, building society, and credit union branches will have to display posters and stickers about which compensation scheme applies to them......
Japan spending continues in April
Japan's retail sales and household spending continues in April, albeit at a slower pace than in earlier months......
China to launch yen-yuan trade
China will allow direct trading of the yuan and the Japanese yen next month, in a move aimed at promoting trade between Asia's two biggest economies......
Call for infrastructure funding
The government should do more to encourage private pension funds to invest in public sector infrastructure projects, the CBI says......
US law firm files for bankruptcy
Dewey & LeBoeuf files for bankruptcy protection and plans to liquidate its business, which would make it the biggest collapse of a US law firm......
Prudential appoints new chairman
UK insurer Prudential ends its five-month hunt for a new chairman by appointing Paul Manduca to replace Harvey McGrath......
Blackberry firm loses top manager
Blackberry-maker Research In Motion says chief legal officer Karima Bawa has resigned, the latest in a series of departures from the firm......
Rangers' administrators issue CVA
Rangers' administrators Duff & Phelps issue an offer to creditors for a company voluntary arrangement......
Lazio captain arrested by police
Lazio's Stefano Mauri is arrested by match-fixing investigators, as Antonio Conte and Domenico Criscito are questioned......
Neath FC wound up at High Court
Welsh Premier League side Neath FC is wound up at London's High Court, a week after the rugby club escaped a similar order at the same court......
VIDEO: Cherie Blair: More women needed at the top
Philippa Thomas spoke to Cherie Blair about what she believes can be done to get more women to the top......
VIDEO: Are the BRICS solid?
The BBC's Economics correspondent Andrew Walker explains what and how important the BRICS countries are......
VIDEO: Unflagging efforts for Jubilee fun
There are business winners - and losers - in the eastern region as the nation prepares for the Diamond Jubilee holiday......
VIDEO: Is it possible to live on mobile money?
BBC technology correspondent Rory Cellan-Jones tries to live without cash for a few days using just mobile phone payment applications instead......
VIDEO: RFID tech ousts fake bird's nests
RFID technology is being used in Malaysia to stop the nests used to make Chinese delicacy bird's nest soup being counterfeited.....
AUDIO: Jaguar bites back
Jaguar Land Rover is expected to report another year of record results when it releases earnings later today in another sign of a revival of the car industry in the UK, which now exports more cars than it imports for the first time since 1976. JLR is.....
AUDIO: Why Britain is so yellow
Farmers are growing more oil seed rape than ever before. The BBC's Fiona Trott reports from a yellow field in Northumberland to find out why......
VIDEO: Ireland to consider fiscal treaty
On Thursday, voters in the Republic of Ireland will go to the polls to decide in a referendum whether to back the European Fiscal Treaty, which would give Europe more power over the country's economy......
Are women their own worst enemy?
Are women to blame for not getting top jobs?.....
RFID technology thwarts bird's nest counterfeiters
The radio technology ensuring genuine nest soup.....
Investment charges: Will they become clearer?
Are investors given enough information?.....
Africans eye Chinese enterprise
African entrepreneurs open factories in China.....
Asia's wealthy fuel museum boom
Asia's wealthy initiate museum boom.....
Opera may hit right note for Facebook
May 29 - Facebook is under pressure to make money from mobile devices and that may have it tuning into Norway's Opera Software as the newly public company puts together a revenue building strategy. Bobbi Rebell reports......
Struggle not over for housing
May 29 - U.S. home prices crept higher in March but a full-fledged recovery is still absent, according to Yale professor Robert Shiller, co-founder of the S&P/Case-Shiller index. Conway G. Gittens reports......
U.S. Day Ahead: Shareholders could tell big oil to frack off
May 29 - Pressure mounts on Exxon and Chevron to come clean on fracking, we could get more reaction to investors defriending Facebook and why Barcelona's airport is getting trashed......
Saft Says: Facebook an act of cynicism across the board
Columnist James Saft says no one really has faith in Facebook's valuation which will need revenues of 50% per year for five years to be an expensive stock......
U.S. Home prices head higher for 2nd month in a row
May 29 - Robert Shiller, Yale economics professor and co-creator of the Case-Shiller Index, says the latest report shows housing prices may be breaking out, but previous break-outs have fizzled......
Wealth Strategies: Facebook should be a $50 bln company
May 29 - Wells Fargo's Walter Price says a fair valuation for Facebook would be $50 billion and that he wouldn't consider buying shares unless they fell below $20......
Abby Joseph Cohen: Stocks will lag corporate profits
Companies will churn out profits but worries about Europe and uncertainty surrounding the election will keep a lid on stocks for months. Still, Goldman Sachs Abby Joseph Cohen does see share prices higher a year or so from now......
Trading at Noon: Markets up; Facebook stock takes a dive
May 29 - U.S. stocks are moving higher today but Facebook not following the trend, with shares down close to 5 percent......
Gourmets favor Israel's kibbutz caviar
May 29 - Caviar from sturgeon farmed on an Israeli kibbutz is finding favour with gourmets around the world. Joanna Partridge reports......
Breakingviews: Buffett and insider trading
May 29 - The Sage of Omaha looms over Rajat Guptas trial and over last years David Sokol affair. Richard Beales and Breakingviews columnists explore the connections......
Europe Day Ahead: No relief from euro zone bank worries
May 29 - The euro zone's ailing lenders stay firmly in the spotlight as Greek banks prepare to report earnings and Spain looks set to issue new debt to fund its own struggling banks......
Spain's markets plan to fund banks
May.29 - Spain is to issue new bonds to fund its ailing banks and indebted regions despite borrowing costs nearing the unsustainable 7 percent level. Ciara Sutton reports......
3XSQ: Facebook could buy Opera Software; Spain struggles
May 29 - Facebook may compete with Google to buy Opera Software for over $1 billion, and Spain will soon issue new bonds to fund its ailing banks......
Nigeria oil theft crack-down
May 29 - While the Nigerian government tries to push through legislation to attract foreign oil investors, the army is carrying out raids to stamp out the illicit aspect of the trade but the country has little hope of ending corruption. Joanne Nichol.....
Market Pulse: "Money don't lie" - a worry for the euro
May 29 - From Spain's banks to Italy's debt pile, there's precious little good news for the euro out there. But when everyone is so bearish, how low can it go?.....
Bulgaria pockets Greek jeans maker
May 29 - Hundreds of small Greek entrepreneurs, pushed to the wall by rising taxes, fees and uncertainty at home are looking north to Bulgaria to transfer their companies and benefit from its favorable tax rates, cheap rent and labor. Ethan Bilby rep.....
Breakingviews: Europe's lenders make fools of savers
Breakingviews......
Samsung vs Apple: The Galaxy strikes back
Insider's Julian Satterthwaite asks Cnet.co.uk editor Jason Jenkins whether it's enough to take the initiative from arch rival Apple......
Reuters Today: Spanish debt costs spiral
May 29 - Spain's 10-year borrowing costs near danger level, firms plan for Greek unrest and Samsung steals a march on Apple with its new Galaxy......
Direct yuan-yen trade from June
May 29 - Japan and China will start trading their currencies directly in Tokyo and Shanghai from June 1 to shore up trade and financial ties between Asia's two biggest economies......
Indian Inc: we haven't missed the Myanmar bus
May 29 -Indian business leaders say Myanmar is only just starting to open up, and Indian firms are poised to help and gain......
U.S. Morning Call: Facebook eyes Opera; DOJ probes BP
May 29 - Analysts say it would take Facebook over $1 billion to buy Opera Software, and the U.S. Justice Dept. is investigating whether BP execs lied to Congress, the WSJ reports......
Europe Day Ahead: Italy re-tests bond appetite
May 28 - Growing support for Greece's pro-bailout parties offers some cheer to investors. Italian borrowing costs reach a two-year high with more bond sales due this week......
Sex trade in Greece cools off
May 28 - Of 400 sex shops in Athens, there are now only 100 left and a hike in VAT on their wares has left the industry floundering. Joanne Nicholson reports......
Bankia shares plunge on bailout woes
May 28 - Spanish debt yields jumped and shares in fourth-largest lender Bankia SA plunge to record lows, highlighting a lack of confidence in government efforts to stabilise the finances of Spain and its ailing banks. Ciara Sutton reports......
Benefits spending blows out by 9bn
Benefit spending will be 9bn higher than planned because of Coalition's failure to get people off welfare, research suggests.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd26217/mf.gif' border='0'/><br/.....
Facebook crashes below $30 in 'worst IPO in a decade'
Shares in Facebook have dropped below the $30 mark, capping what has been hailed as the most disastrous start to trading of any major flotation in the last decade.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
HGS investor sues to stop 'poison pill'
A shareholder in Human Genome Sciences has filed a lawsuit against the biotech business in a bid to block the "poison pill" employed to fend off GlaxoSmithKline's hostile takeover offer.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Draft EU bank resolution law: main points
The European Commission is due to propose a draft law on June 6 to give supervisors across the European Union common tools to deal with troubled banks and keep taxpayers off the hook, according to reports. Here are the main points.<img width='1' h.....
BP's Russian oil venture frozen by doubt after resignation of TNK-BP chief Mikhail Fridman
When BP's chief executive, Bob Dudley, unveiled its Arctic exploration deal with Russia's Rosneft in January last year, he heralded it as "a new template for how business can be done in our industry".<img width='1' height='1' src='http://telegraph.....
Spanish data underscore dangerous economic slide
Spanish retail sales plunged a record 9.8pc last month underscoring a dangerous economic slide that could derail Madrid's efforts to shore-up its banks and struggling regions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Trust sells 28pc stake in Moss Bros
More than a quarter of Moss Bros's shares - a stake once owned by Sir Philip Green - changed hands on Tuesday, landing the seller with a 4m profit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd25532/mf.gif' .....
Increasing 'crisis of confidence' in the EU
Germany is the European Union's only major nation that still believes political integration has helped its economy amid "a full-blown crisis of confidence" across the region, opinion surveys have found.<img width='1' height='1' src='http://telegra.....
French deluge fails to dampen Wolseley confidence
British building services giant Wolseley has pledged to stick with its European business despite seeing profits dented by the region's troubles.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1c492/mf.gif' bor.....
Pay revolt follows board bust-up at Lonrho
Lonrho has been hit by a pay revolt a day after Sir Richard Needham quit the board following a row over corporate governance at the Africa-focused group.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1c0c4/mf.....
Retail sales recovering, CBI says
Retailers have started recruiting for the first time in almost a decade as the high street gears up for a busy summer, according to the CBI.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1c0c5/mf.gif' border=.....
QE prospects dwindle
The chances of the Bank of England launching another round of quantitative easing next week have retreated after two policymakers suggested the UK's monetary stance is already loose enough.<img width='1' height='1' src='http://telegraph.feedsporta.....
Christine Lagarde attack on Greece backfires as she pays no tax
Christine Lagarde, the International Monetary Fund managing director who provoked an angry reaction from the Greek people after telling them to pay their taxes, does not pay tax on her own salary, it has emerged.<img width='1' height='1' src='http.....
Barclays calls off sale of French and Italian arms
Barclays has decided against the sale of its businesses in France and Italy ending speculation the British bank could offload large parts of its European retail operations.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
China should not be allowed to buy the LME
For 135 years, the London Metal Exchange has been at the heart of world industry, setting prices for metals from aluminium to zinc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1b452/mf.gif' border='0'/>&.....
FSA fines hedge fund chief 3m who hid losses
A hedge fund boss has been fined a record 3m by the City regulator for hiding huge losses at his company from investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd1b453/mf.gif' border='0'/><br/>&.....
Debt crisis: as it happened - May 29, 2012
Economy Ministry says government will approve issuing of joint bonds by regional governments to make it easier for them to raise capital, as Bank of Spain warns that the country's economy will continue to shrink in the second quarter of this year.<.....
Hotel investors hope for transatlantic tie-up
Murmurings that InterContinental Hotels could bunk up with Marriott got investors in the UK hotel group somewhat hot under the collar.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd113d8/mf.gif' border='0'/&g.....
FSA's record penalties help ease burden of fees
The record fines levied by the Financial Services Authority over the past year have meant the regulator has been able to pass on a larger than expected discount in the fees it charges.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Questor share tip: Buy Brewin Dolphin for its yield
"It may be a sunny day here in London, but generally speaking it's rather stormy out there," joked Jamie Matheson, executive chairman of Brewin Dolphin, as he reflected on his company's performance during the first half of the year.<img width='1' .....
China prepares to boost economy
China is close to unveiling a fresh package of economic reforms in a move that experts believe will boost its slowing economy and support global growth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd113db/mf......
Debt crisis: live
Economy Ministry says government will approve issuing of joint bonds by regional governments to make it easier for them to raise capital, as Bank of Spain warns that the country's economy will continue to shrink in the second quarter of this year.<.....
Europe's debtors must pawn their gold for Eurobond Redemption
Southern Europe's debtor states must pledge their gold reserves and national treasure as collateral under a 2.3 trillion stabilisation plan gaining momentum in Germany.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Facebook eyes mobile firm Opera to help it launch its own smartphone
Facebook is trying to buy up mobile phone technology firms and hiring top-flight engineers to help it launch its own smartphone device, it has emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fd0c1dc/mf.g.....
Quercus profits drop as it battles to repeat Girl with the Dragon Tattoo success
Quercus, the publisher behind Stieg Larsson's The Girl with the Dragon Tattoo, more than doubled digital revenues last year but saw profits slip as it battled to come up with another bestseller on the same scale.<img width='1' height='1' src='http.....
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