Economy shrank more than thought
The UK economy shrank by 0.3% in the first three months of the year, more than previously estimated, revised figures show......
Eurozone downturn 'accelerating'
Activity at European businesses hits a near three-year low in May, according to the survey of purchasing managers by Markit......
Hunt memo reveals BSkyB support
Culture Secretary Jeremy Hunt sent a note to David Cameron suggesting his support for News Corp's bid for BSkyB before he was put in charge of deciding on the deal, the Leveson Inquiry hears......
Head of Vatican Bank is sacked
The Vatican sacks the director of its bank, Ettore Gotti Tedeschi, who is being investigated in a money laundering case......
Free banking 'a dangerous myth'
Free banking is a "dangerous myth", according to Andrew Bailey, who is due to become the chief regulator of the financial services industry......
US factory activity slows in May
US manufacturing growth slowed in May, a survey indicates, while orders for long-lasting factory goods fall......
Supermarkets 'misled on pricing'
Customers have been misled by supermarkets over discounts and multi-buy offers, according to consumer group Which?......
Dairy Crest swings to 10m loss
Dairy Crest reports a multi-million pound loss due to the poor performance of its milk division and higher costs......
Billionaire faces bribery charge
Billionaire Hong Kong-based property tycoon Joseph Lau faces charges in Macau of bribery and money laundering over a property deal......
Hewlett-Packard cuts 27,000 jobs
Hewlett-Packard, the world's largest computer maker, is to cut 27,000 jobs by the end of 2014 as part of a drive to "simplify" the business......
Rinehart 'world's richest woman'
Australia's mining magnate Gina Rinehart has become the world's richest woman with assets of $28bn, a respected business magazine says......
BMW fined for curbing Swiss sales
BMW is fined $163m for preventing sales of its cars to Swiss nationals outside Switzerland......
Solar feed-in tariff cut delayed
The government delays the reduction in the subsidies on offer to homeowners who install solar panels to generate electricity......
Co-op to create 3,000 legal jobs
The Co-operative Group announces plans to create 3,000 new jobs, as part of an expansion of its legal services......
More help for payday loan debtors
Payday lenders have agreed to new commitments designed to prevent a build-up of unmanageable debts by struggling customers......
Weak UK business hits Mothercare
Babywear retailer Mothercare reports a hefty annual loss as it seeks to tackle the poor performance of its UK business......
Thomas Cook appoints new chief
Struggling tour operator Thomas Cook appoints Harriet Green as its new chief executive......
SABMiller reports strong profits
SABMiller reports annual pre-tax profits of $5.6bn boosted by the sale of units in Russian and Ukraine......
No trademark for chocolate rabbit
A Swiss-made chocolate bunny, wrapped in gold foil, cannot be registered as a trademark, the European Court of Justice court has ruled......
MSPs pass Scots booze price plan
Scotland will become the first place in the UK to introduce minimum drink pricing, after MSPs passed the plan at parliament......
Tax effort 'stunted by job cuts'
Impressive efforts have been made by the UK tax authority to collect outstanding tax but more could have been done without job cuts, MPs say......
Courier scam 'nets conmen 1.5m'
Fraudsters are making increasing profits from a scam in which people are tricked into allowing their bank card to be sent straight to the conmen......
Chinese manufacturing 'declines'
China's manufacturing activity contracted in May, a survey shows, indicating that the rate of growth in the economy is continuing to slow......
China seeks economic growth boost
China says it will take measures to boost demand and sustain growth amid fears of a slowdown in its economy......
EU 'wants Greece in the eurozone'
EU leaders express support for keeping Greece in the eurozone while demanding that it stick with tough budget discipline......
Faroe board shelves bonus scheme
Oil and gas firm Faroe Petroleum withdraws a proposed new management incentive scheme, following shareholder pressure......
Jury backs Google in Oracle fight
Internet giant Google did not infringe patents belonging to software developer Oracle, a court in California has ruled......
Facebook and banks face lawsuit
Facebook, its founder Mark Zuckerberg, and the banks leading its flotation are sued over claims that financial information was not disclosed......
Concerns over Duff & Phelps role
A leading insolvency expert raises concerns about a conflict of interest on the part of Rangers administrators Duff & Phelps......
England to trial goal-line system
Goal-line technology will be tested at Wembley when England entertain Belgium in a friendly on 2 June......
Doha and Baku cut from 2020 list
Istanbul, Tokyo and Madrid will compete to host the 2020 Olympics after Doha and Baku were cut from the list......
AUDIO: Greek exit: What is the worst outcome?
European leaders met last night in Brussels. Linda Yueh, Bloomberg's economics editor, and Stefanie Bolzen of German paper Die Welt, debate what comes next for Greece and the eurozone......
VIDEO: How to get more women into top jobs
The Ministry of Justice has been sharing its own ideas on how to create a more diverse judiciary, but the law is not the only sector where women are less than equal in the senior stakes......
VIDEO: EU 'wants Greece in the eurozone'
EU leaders want Greece to remain in the eurozone but to "respect its commitments", European Council President Herman Van Rompuy has said......
AUDIO: Is free banking really a myth?
Andrew Bailey, an executive director at the Bank of England who is to be the head of the unit that will supervise banks, investment banks and insurance companies, has said "free banking" is dangerous. Business editor Robert Peston assesses the implic.....
AUDIO: Is free personal banking justified?
Peter McNamara, former head of personal banking at Lloyds, and Peter Hahn, from the Cass Business School in London, debate the issue of whether personal banking should remain free......
AUDIO: Why is HP laying off 27,000 people?
A technology analyst told BBC Radio 5 live why computer giant Hewlett-Packard is laying off 27,000 people......
VIDEO: Australian woman 'worth A$29bn'
Australian mining magnate Gina Rinehart has been declared the richest woman in the world, with a wealth of nearly A$30bn......
AUDIO: Apple's Jonathan Ive: 'Beauty works'
Jonathan Ive says he is "fortunate" to be Apple's chief designer.....
Dutch football's financial goals
Dutch football hopes financial initiatives mean it can weather uncertain economic times.....
Is protectionism on the way back?
Are free markets giving way to protectionism?.....
Did Ben & Jerry's change Unilever?
Did buying Ben & Jerry's change Unilever?.....
Restaurant chain's recipe for social media success
The US restaurant chain using social media to cook up sales.....
Indian youth brand Happily Unmarried
How two entrepreneurs created a design brand for young Indians.....
Nasdaq's Facebook mess gets nastier
Knight Capital Group is suing the Nasdaq to cover its losses from the Facebook IPO, and questions are being raised about the exchange's recent cutbacks and the possibility of any impact on the Facebook debacle......
U.S. Day Ahead: Happy birthday Facebook!
Breakingviews Columnist Antony Currie says the fallout is a lesson in making deals more open......
Fed president sees 2013 rate hike
May 24 - St. Louis Federal Reserve President James Bullard thinks the U.S. economy will be strong enough by late 2013 to warrant a rate hike. Conway Gittens reports......
3XSQ: Facebook employees out close to $1 million each
May 24 - Employees and investors lose money with Facebook as it becomes a growing target of litigation......
Spain battles borrowing costs
May 24 - Anti-austerity protestors round on Spain's government while investors demand more security on bonds and an audit on the fragile banking sector gets underway. Joanne Nicholson reports......
Breakingviews: JPMorgan needs fresh blood
May 24 - Jeffrey Goldfarb talks to Rob Cox about the banks Paleolithic board and how new directors with relevant financial experience might help Chairman Jamie Dimon and JPMorgan shareholders......
Europe Day Ahead: Shanghaied! HSBC in the frame
May 24 - It's likely to be a day HSBC directors will wish to forget, with some shareholder groups pressing for changes to corporate governance and pay......
Italy quake shakes Parmesan production
May 24 - An earthquake that struck northern Italy affects production of the area's most internationally famous delicacy - Parmesan cheese. Simon Hanna has more......
Fed's Bullard says orderly Greek exit possible
May 23 - Greece could exit the euro zone without doing deep damage to the U.S. and European economies if the transition is handled properly, a top U.S. Federal Reserve official said on Wednesday......
Jaguar's new model targets rich Chinese
May 24 - British carmaker Jaguar Land Rover has unveiled its most luxurious sedan yet in Hong Kong to appeal to the Chinese chauffeur-driven market. Andrew Potter reports......
3XSQ: Facebook employees out close to $1 mln each
May 24 - Employees and investors lose money with Facebook as it becomes a growing target of litigation......
U.S. recovery led by large firms, small cos. struggling
May 24 - Markit's chief economist Chris Williamson discusses the latest reading on U.S. manufacturing and says while the sector is expanding, small firms are still struggling......
Google exec says web is 'scarce resource'
May 24 - In a speech at London's Science Museum, Google Executive Chairman Eric Schmidt said the World Wide Web has yet to live up to its name but that is set to change as technology becomes more affordable for the five billion people who are not yet.....
Sports Spread: French Open Tennis preview and Monaco GP
May 24 - A look at the potential winners of the French Open Tennis, the Monaco Grand Prix and the second Test between England and the West Indies......
Market Pulse: No meltdown yet but euro zone at "DEFCON 2"
May 24 - Euro at a 2-yr low and core yields at record lows, as PMIs and UK GDP show Europe's economic plight worsening. No capitulation yet, but we may not be far away, says Michael Hewson at CMC Markets......
Sunblock for China's solar panel makers
about how the company will weather the heat......
Breakingviews: Euro selling is a vote for the euro
May 24 - By pushing the euro to its lowest in 2 years, markets are actually expressing a vote FOR the single currency. And silence from EZ policymakers ahead of the Greek election may be golden......
Euro crisis makes U.S.-EU trade deal vital U.S. trade rep
May 24 - The euro zone crisis makes a new transatlantic trade deal vital and agreement wont be derailed by the ongoing dispute over subsidies to Airbus and Boeing, says U.S. Trade Representative Ron Kirk......
Bund yield could fall below 1% as euro zone PMIs slump
May 24 - Euro zone PMI figures show business activity slumping to a 3-year low in May. Even Germany is suffering. All this suggests 10-yr German bond yields could fall below 1%......
Reuters Today: EU summit a rallying call ... or empty words?
EU leaders agree on what needs to be done to fix the crisis, but not on how to do it. "Grexit" looms large. Plus, China's factories slow again, HP lays off 27,000 in savings drive......
Breakingviews: China should think twice before spending
Breakingviews Wei Gu......
Jack & Suzy Welch: JPMs Jamie Dimon and the horse he fell off
Columnists and business gurus Jack and Suzy Welch say JPMorgan's CEO Jamie Dimon has to look past the firm's trading debacle, rally the troops and focus on the future......
SABMiller profits up
May 24 - Strong growth in Africa and Latin America helped global brewer SABMiller offset a fall in beer drinking in Europe and North America, as the Peroni and Grolsch beermaker beat forecasts with a 12 percent rise in full-year earnings. Joanne Nich.....
Chile finance minister pins hopes on U.S. growth
May 24 - Chile finance minister Felipe Larrain hopes rising U.S. demand will make up for a European slowdown and sliding copper prices.....
EU wants Greece to stay in euro zone
May 24 - European Union leaders meeting in Brussels have urged Greece to stay the course on austerity and remain in the single currency bloc, while senior officials advised them to make preparations if the country decides to quit. Andrew Potter repor.....
Debt crisis: as it happened, May 24, 2012
ECB head Mario Draghi rejects criticism of the central bank's cheap three-year lending plan and calls for governments to take a 'courageous leap' of political imagination to save the eurozone.<img width='1' height='1' src='http://telegraph.feedspo.....
Britain's borrowing costs hit record low
The British Government's borrowing costs fell to a record low, reinforcing its safe-haven status amid an escalating crisis in the eurozone.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fae3d12/mf.gif' border='.....
Spain to close up to 30 state-run airports
Spain is to partially close 30 of the nation's 47 state-run airports in an attempt to reduce the costs of its "white elephants" built throughout the nation during the boom years.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Facebook's shares face threat from speculators
Facebook faces a growing threat from speculators trying to profit from the company's troubled flotation, according to new data.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fae3d14/mf.gif' border='0'/><b.....
Simple ways to create jobs, fix the economy and win the next election
If David Cameron is opposed to a European financial transaction tax, as he claims, he should abolish the one he levies at home - stamp duty.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fadc029/mf.gif' border=.....
Europe's slump deepens as Kabuki summit falls short
Once again Europe's leaders have swooped into Brussels and vanished hours later without offering any clear way out of the pulsating crisis at hand.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fadc02a/mf.gif' .....
Britain can't afford to fall for the charms of the false economics Messiah Paul Krugman
Economist Paul Krugman's solutions are simplistic, says Jeremy Warner.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fae1307/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
Apax faces 320m loss on Marken
Private equity firm Apax is set to lose up to 400m (324m) after being forced to launch a sale process for its medical courier company, Marken.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fae1308/mf.gif' borde.....
Anthony Parsons exits Deutsche Bank in wake of failed G4S bid
Anthony Parsons - one of the City's most famous financiers has left Deutsche Bank after almost a decade as UK chairman of mergers and acquisitions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fae1309/mf.gif' .....
Momentum gathers to end free banking
An end to the era of free banking moved closer last night after the Treasury Select Committee threw its support behind plans for banks to introduce current account charges.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Debt crisis: live
ECB head Mario Draghi rejects criticism of the central bank's cheap three-year lending plan and calls for governments to take a 'courageous leap' of political imagination to save the eurozone.<img width='1' height='1' src='http://telegraph.feedspo.....
QinetiQ fires on all cylinders as FTSE flies
London's leading shares were back on the offensive, marching ahead despite Britain sinking deeper into recession and the latest eurozone summit failing to provide any concrete solutions to the region's debt crisis.<img width='1' height='1' src='ht.....
Pay-off for Mike Lynch on Autonomy exit
Mike Lynch, founder of the British software giant Autonomy, which was acquired by Hewlett-Packard last year, will receive a "multi-million dollar" pay-off on top of the $800m (500m) he has already pocketed from the $10.6bn deal.<img width='1' heig.....
Mike Lynch's fall from grace as 'Britain's Bill Gates'
Just ten months ago Mike Lynch was the UK technology industry's boy done good.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fad4ded/mf.gif' border='0'/><br/><br/><a href="http://da.feedsporta.....
SABMiller toasts richer customers as sales rise
Continental beers such as Peroni, which can cost more than 5 a pint in some city bars, have surged in popularity in the UK despite the recession, according to brewing giant SABMiller.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Small businesses in Olympic battle with TfL and ODA
Olympic authorities are facing a legal challenge unless they withdraw "unlawful" and "devastating" plans for road closures and restrictions which small companies claim could put them out of business.<img width='1' height='1' src='http://telegraph......
BT boss Ian Livingston gives up salary increase to 'send signal' over fat-cat pay
BT's chief executive Ian Livingston will forgo a salary rise this year "to send a signal" to shareholders angered by bosses' pay - but is on track for a massive increase in his potential total remuneration if the company does well.<img width='1' h.....
Mario Draghi urges eurozone leaders to take "courageous leap" to economic integration if euro is to survive
The head of the eurozone's central bank urged the region's leaders to take a "courageous leap" to safeguard the future of the single currency as clear divisions continued and a Greek exit remained in focus.<img width='1' height='1' src='http://tel.....
Eurozone PMI signals three-year low for region's private sector
The eurozone's private sector suffered the worst downturn in almost three years in May, signalling widespread weakness as weaker countries' woes spread to Germany and France.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Government spending prevents worse double dip recession
Economists have warned of a fresh threat to the recovery after official figures showed that the country is being propped up by "unsustainable" Government spending.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
Government spending prevents worse double dip
Economists have warned of a fresh threat to the recovery after official figures showed that the country is being propped up by "unsustainable" Government spending.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1.....
Serious Fraud Office needs proper funding, warns Tchenguiz judge
One of Britain's most senior judges called for the Serious Fraud Office to be "properly financed" as he dealt with a catalogue of mistakes in the handling of the Tchenguiz case.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
China's shopping list in the US is moving beyond Treasury bonds
You might argue that a Chinese company could hardly have picked a better week to become the second-largest owner of cinemas in the US.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fae3d15/mf.gif' border='0'/&g.....
China is warming to investment in the US, which is mutually beneficial
You might argue that a Chinese company could hardly have picked a better week to become the second-largest owner of cinemas in the US.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1facccd6/mf.gif' border='0'/&g.....
Dairy Crest slumps to first loss in 20 years as milk sours
Dairy Crest has slumped to its first loss since it was privatised more than two decades ago, as it wrote off the value of its dairies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1fac9502/mf.gif' border='0'/&g.....
