JPMorgan shares plunge on loss
Shares in JPMorgan Chase, the biggest US bank, dive 9% after it reveals a surprise trading loss of $2bn (1.2bn) on complex investments......
Extra capital for Spanish banks
The Spanish government is to force its banks to take on an extra 30bn euros of capital to cushion themselves against loans going bad......
FTSE bosses 'not paid by results'
There is no correlation between FTSE 100 bosses' pay and the performance of the companies they run, a report reveals......
British Gas warns of rising bills
Centrica, the owner of British Gas, says that rising wholesale gas costs will make supplying energy more expensive this year......
Eurozone economy 'to contract'
The European Commission's spring forecasts predict that the eurozone economy will contract by 0.3% in 2012, but grow by 1% next year......
Fuel tanker driver strike averted
A strike by fuel tanker drivers is averted after drivers vote to accept a peace deal, the Unite union announces......
HSBC sells South American units
HSBC sells units in Colombia, Peru, Uruguay and Paraguay to Banco GNB Sudameris for $400m......
Pay top staff more ministers told
The coalition's crackdown on civil service pay is making it difficult to recruit "talented" staff, says government adviser and former BP chief Lord Browne......
Tax rebates soon for 3.5 million
About 3.5 million taxpayers will receive a tax rebate in the next few weeks, averaging 379 each, for the 2011-12 tax year......
Power blackouts knock NTT profit
Japanese telecoms giant NTT reports an 8.2% fall in annual profits, blaming shrinking demand and power blackouts following the tsunami......
Higher fuels costs hit BA owner
IAG, the parent firm of British Airways and Spain's Iberia, reports widening losses, due in large part to higher fuel costs......
Greece unity talks hit stalemate
The latest attempts to form a Greek government are said to be deadlocked, raising the prospect of fresh elections and more eurozone uncertainty......
Tax concerns over PPI payments
Victims of the mis-selling of payment protection insurance (PPI) could "inadvertently" be underpaying tax after receiving compensation payments......
UK producer prices rise by 0.7%
UK producer prices rose 0.7% in April from March, due in part to rises in the cost of tobacco, alcohol and electrical equipment, figures show......
Waste company 'bullying clients'
A waste company stands accused of bullying small businesses by using unfair contracts to ramp up charges, the BBC has learned......
Thomas Cook cashes in on planes
Troubled tour operator Thomas Cook agrees to sell and lease back 17 planes in order to raise 182.9m while reporting wider losses......
Nissan profits more than double
Nissan reports a big rise in profits for the January to March quarter as it pushes aggressively into fast-growing markets......
EU cuts the cost of Europe calls
Regulations to significantly reduce the cost of using a mobile phone abroad have been passed by the European Parliament......
Home repossession levels 'stable'
A total of 9,600 homes were repossessed in the UK in the first three months of the year - the same as a year earlier, lenders say......
Thousands in public sector strike
Public sector workers are taking part in a 24-hour UK-wide strike over pensions, but the government insists it has made them a "generous offer"......
China's data underlines slowdown
The latest data from China indicates that the country's economy is continuing to slow, raising the prospect of monetary policy easing......
India factory output falls 3.5%
India's industrial production fell unexpectedly in April, led by a drop in manufacturing, raising concerns about a slowdown in its economy......
US trade deficit grows in March
The US trade deficit widened at the fastest rate for 10 months in March following a narrowing in February, official figures show......
Panasonic reports a record loss
Japanese electronics giant Panasonic reports a record annual loss as demand for plasma TV screens falls and natural disasters hit output......
Tyre plant to suspend production
Tyre manufacturer Michelin announces that it is to temporarily suspend production at its factory in Dundee......
Greek losses hit Credit Agricole
French bank Credit Agricole reports worse-than-expected three month results, depressed by more write-offs of Greek debt......
Blue Knights withdraw Gers offer
The Blue Knights withdraw their offer for Rangers as Duff & Phelps describe some of the bidder's claims as "misleading"......
Venky's deny Blackburn for sale
Venky's deny that Blackburn Rovers will be put up for sale following the club's relegation from the Premier League......
VIDEO: 'Problems remain in tanker trade'
A strike by fuel tanker drivers has been averted after they narrowly voted to accept a deal brokered during talks at the conciliation service Acas......
VIDEO: British Gas warns of rising bills
Centrica, the owner of British Gas, has said that despite its recent cut in electricity prices, rising wholesale gas costs will make energy more expensive this year......
AUDIO: JPMorgan loss 'not life threatening'
JPMorgan Chase, the biggest US bank, has revealed a surprise trading loss of at least $2bn (1.2bn) on complex investments made by its traders. Mike Mayo, US banking analyst at investment firm CLSA, told the Today programme that 'thought investments w.....
VIDEO: Steel to leave reopened Teeside plant
The first shipments of steel are due to leave the newly reopened plant in Teesside, marking another milestone for the UK steel industry in the UK......
VIDEO: BA owner IAG sees losses widen
IAG, the parent firm of British Airways (BA) and Spain's Iberia, has reported widening losses, due in large part to higher fuel costs......
VIDEO: Rehn on 'short-lived' EU recession
Olli Rehn, the European Union's monetary affairs chief, said that the economy of the 17 countries that use the euro is in a "mild and short-lived" recession......
VIDEO: Spanish banks to raise extra capital
The Spanish government is to force its banks to take on an extra 30bn euros ($39bn; 24bn) of capital to cushion themselves against loans going bad......
AUDIO: Spain's government 'reacting late'
The Spanish government is expected to announce plans to clean up its banking system. Professor Pedro Schwartz and economist Megan Greene debate whether it will work......
Homeland calling UK's Brazilians
Why UK's Brazilians feel the urge to return home.....
How Greece's euro-crisis could affect your holiday
Should the financial crisis affect your travel plans?.....
Welcome to the social revolution
Salesforce's Marc Benioff says social media has changed everything.....
What would a growth agenda look like?
What can governments do to promote growth?.....
Wonga: What makes money lender tick?
The boss explains his plan to reboot financial services.....
Spilt milk prompts buy-local move
Sri Lanka wants people to buy local after dairy protest.....
U.S. Week Ahead: JPM's Dimon could survive shareholder wrath
' Antony Currie......
U.S. Week Ahead: JPM's Dimon could survive shareholder wrath
' Antony Currie......
Job hopes spring eternal for shoppers
May 11 - U.S. consumer sentiment hit a four-year high in early May as Americans remain optimistic about jobs. Conway G. Gittens reports......
JPMorgan opens old wounds
May 11 - JPMorgan Chase's $2 billion loss doesn't sit well with investors, pushing the stock down through midday, as investors once again question the risks being taken at America's biggest banks. Jill Bennett reports......
Dick Bove: JPM London Whale trader will be fired
May 11 - Some traders will be fired as a result of JPMorgans $2 bln trading loss, says Rochdale Securities Dick Bove, but despite this demoralizing loss Jamie Dimon is still a superior bank manager......
Trading at Noon: JPMorgan's loss knocking financial stocks
JPMorgan's $2 billion trading loss knocking financial stocks across the globe today. Sentiment data offsets the downward trend......
Spain banks on reform
Spain has agreed to commission an independent audit of its financial system, trying to dispel market concerns that a state-funded bank bailout, set to be approved by the cabinet, could strain public finances to breaking point......
Breakingviews: Deciphering Dimons troublesome trades
Richard Beales and Breakingviews columnists discuss the fallout from JPMorgans $2 bln trading loss......
Europe Week Ahead: Hollande/Merkel show the hot ticket
May 11 - Francois Hollande will be sworn in as the new French president on Tuesday. Hours later he'll fly to Berlin for talks with the German Chancellor Angela Merkel on re-igniting growth in the euro zone.....
JPM trading debacle could have an impact on consumers
/ University of Michigan Surveys of Consumers......
Bank stocks hit by JPMorgan $2bn loss
May 11 - European banking stocks fell as investors worried about the news U.S. bank JPMorgan had suffered a trading loss of at least $2 billion from a failed hedging strategy, hitting the reputation of the bank and its CEO Jamie Dimon. Joanna Partrid.....
3XSQ: JPMorgan shares tumble after loss
May 11 - Stock index futures pointed to a lower open on Friday after JPMorgan Chase revealed a trading loss of at least $2 billion......
Economy 2012: GMAC CEO on economy
May 11 - Dave Wilson, President and CEO of the Graduate Management Admission Council talks about the global economy and its impact on people going back for higher education......
Credit Agricole prepares for worst on Greece
May 11 - French bank Credit Agricole is prepared for all possible outcomes in Greece, after charges at its business in the debt-laden country helped trigger a steeper-than-expected 75 percent drop in quarterly profit. Ciara Sutton reports......
PM's messages scrutinized at UK inquiry
May 11 - British Prime Minister David Cameron was among top politicians who sent messages of sympathy to Rebekah Brooks when she was forced to resign as CEO of Rupert Murdoch's British newspaper group over the phone-hacking, she tells a public inquir.....
Market Pulse: JPMorgan loss rattles markets
May 11 - JPMorgan adds to global equity jitters after CEO Jamie Dimon admits trading losses of at least $2bln on a failed hedging strategy......
Breakingviews: Dimonfreude is irresistible
May 11 - If JPMorgan is proven fallible, confidence in the system itself will be shaken, argues Breakingviews......
Reuters Today: JPMorgan's Dimon admits "egg on face"
May 11 - JPMorgan's shock disclosure of a $2bln trading loss hits financial stocks and the reputation of the bank and its CEO, Jamie Dimon......
JPMorgan's $2 billion blunder may revive regulation fever
May 11 - The shock hedging loss from JPMorgan's chief investment office won't just sting investors - it may also give regulators a shot in the arm as they push for tighter controls......
Non-food inflation main risk to China's economy: ING
May 11 - China could suffer persistently high non-food inflation if the PBOC accommodates a significant rise in wages, says Tim Condon of ING Bank......
Asia Week Ahead: Softer China lending data eyed
May 11 - China's bank lending data for April is likely to ease from a 14-month high in March, while Japan's megabanks report full year results......
Breakingviews: JPMorgan's CEO Dimon "eats crow" after $2 billion loss
Breakingviews' Agnes Crane says the reputation of the financial titan is severely damaged and regulators should take a look at what happened......
U.S. Morning Call: JPMorgan's $2 billion loss
May 11 - JPMorgan Chase & Co said on Thursday that it suffered a trading loss of at least $2 billion from a failed hedging strategy......
Facebook has to fix mobile strategy
May 10 - Facebook warns investors mobile devices are bigger risks than originally projected. The solution may be better apps or sponsored Facebook groups. Carmen Roberts reports......
JPMorgan's shock
May 10 - Summary of business headlines: JPMorgan Chase takes a hit in trading book; Wall Street ends mostly higher helped by economic data. Conway G. Gittens reports......
JP Morgan's $2bn loss was an 'accident waiting to happen'
JP Morgan executives were given repeated warnings about controversial unit responsible for $2bn trading loss.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f4602d2/mf.gif' border='0'/><br/><br/>&.....
Greece fails to form coalition government for third time
Greece's wrangling politicians have again failed to form a new coalition government, leaving only one more meeting with the country's president before new elections are scheduled for June.<img width='1' height='1' src='http://telegraph.feedsportal.....
Banks have only themselves to blame for more regulation
Jamie Dimon and JP Morgan could have easily brushed off a $2bn (1.24bn) trading loss given the bank made profits of $19bn last year on revenues of $99.8bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f459dfd/.....
Centrica shareholders revolt against executive pay
Centrica has become the latest company to feel the force of the "shareholder spring" as more than 16pc of its investors failed to back its executive pay - on the same day it warned household bills were set to rise even further.<img width='1' heigh.....
My 1m bonus row sparked shareholder revolts, says RBS chief Stephen Hester
Stephen Hester has claimed the row over his near-1m bonus earlier this year was the "catalyst" for the current Shareholder Spring.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f459e00/mf.gif' border='0'/>&l.....
Damian Reece: banks are their own worst enemy
The Telegraph's Damian Reece says tighter regulation is on its way on both sides of the Atlantic.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f457de3/mf.gif' border='0'/><br/><br/><a href="h.....
JP Morgan $2bn loss: Wall Street faces calls from politicians for tougher regulation
Wall Street faced a blast from politicians after JP Morgan's $2bn (1.2bn) loss strengthened the calls from those wanting stricter regulation of the financial system.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
JP Morgan $2bn loss: Dimon's in the rough
Be careful what you wish for.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f457b42/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/133516067982/u/3/f/568300/c/32726/s/1f457.....
Holywell director Rhys Humm wins Malvern back name from Coca-Cola
Holywell spring water company wins Malvern name back from drinks giant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f451531/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....
Debt crisis: as it happened - May 11, 2012
The Spanish government has told banks they must increase their provisions against property loans from 7pc to 30pc, meaning they must raise another 30bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f451534/mf......
BA owner IAG will only break even this year after buying bmi
The owner of British Airways has warned that it will only break even this year, as it absorbs the costs of buying bmi.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f451535/mf.gif' border='0'/><br/><.....
Tony Blair 'initiated deal to help Qatari royal family buy hotel stakes', court told
Tony Blair "initiated" a deal to help the Qatari royal family buy a 50pc stake in three of London's most prestigious hotels, the High Court has heard.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f451536/mf.gi.....
Jaguar Land Rover to spend extra 1bn with UK suppliers
Jaguar Land Rover is to spend an extra 1bn with UK suppliers, boosting the economy around its plant in Merseyside.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f451537/mf.gif' border='0'/><br/><br/.....
Wave of poor economic data dents recovery hopes
Britain's hopes of rapidly escaping recession were dented by a swathe of bad economic news that showed consumer confidence plummeting, producer prices soaring and the construction sector failing to spark.<img width='1' height='1' src='http://teleg.....
Debt crisis: live
The Spanish government has told banks they must increase their provisions against property loans from 7pc to 30pc, meaning they must raise another 30bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f407b8d/mf......
JP Morgan $2bn loss: FSA to look at what went wrong
JP Morgan is facing regulatory scrutiny over the use of risk models that failed to identity huge losses building up on its balance sheet.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f450744/mf.gif' border='0'.....
JP Morgan $2bn loss: Q&A
JPMorgan Chase chief executive Jamie Dimon has shocked Wall Street by disclosing the bank racked up $2bn (1.2bn) of trading losses in the past six weeks and warned they could get worse. Here, we take a closer look at what happened.<img width='1' h.....
Spanish banks given 15 days to plan how to raise 30bn or face nationalisation
Spanish banks have been given 15 days to submit plans to meet an obligatory 30bn recapitalisation, or face nationalisation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f44ed34/mf.gif' border='0'/>.....
Top SEC investigator David Weber 'put on leave over gun comments'
The top investigator at the watchdog responsible for policing the Securities and Exchange Commission has been put on leave after openly talking about bringing a gun to work, it has been reported.<img width='1' height='1' src='http://telegraph.feed.....
Facebook could be worth more than $100bn as IPO oversubscribed
Social network could be worth more than $100bn on IPO next week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f44ed36/mf.gif' border='0'/>.....
JP Morgan $2bn loss: Boss of 'London Whale' paid $14m
Ina Drew, the JP Morgan banker in charge of the largely London-based unit behind $2bn (1.24bn) of trading losses at the bank, was paid $14m last year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f43a1db/mf.gi.....
Spain imposes drastic reform to clean up banks
Spain announced drastic reforms this afternoon to force banks to set aside a new 30bn (24.1bn) financial cushion and to separate property assets from their balance sheets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
How JP Morgan became trapped in its $1 trillion fortress
A victim of its own success might be an odd way to describe a bank that has lost $2bn (1.2bn) in six weeks, or just under $70m each trading day since the end of March, but it's hard to escape the conclusion it is the fate that has befallen JP Morgan .....
Retailer Clement Joscelyne placed in administration
One of Britain's oldest furniture retailers has been placed in administration, putting almost 100 jobs at risk.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1f430b02/mf.gif' border='0'/><br/><br/>.....
Qatar continues spending spree with "major" stake in Shell
Qatar has bought a "major" stake in Royal Dutch Shell as it continues its international corporate spending spree, amid reports it may also buy a stake in Eni and increase its holding in Xstrata.<img width='1' height='1' src='http://telegraph.feeds.....
