WPP shareholders oppose pay deal
WPP shareholders vote against the advertising agency's executive pay report, which includes a 6.8m deal for chief executive Sir Martin Sorrell......
BT to show Premier League games
BT secures the rights to broadcast 38 Premier League games per season from 2013-14 to 2015-16, while BSkyB will show 116 matches......
Moody's cuts Spain credit rating
The crisis-struck Spanish government's credit rating is cut by Moody's to Baa3, just above "junk" levels, and may be cut further......
Saab sold to Chinese-Swedish firm
Bankrupt Swedish carmaker Saab has been sold to an investment group which aims to develop the company into a maker of electric cars......
Thomas Cook cuts hundreds of jobs
Hundreds of jobs are to be cut at travel agent Thomas Cook's administration centre in Bradford, the company says......
Shell shelves Brazil biofuel plan
A biofuel venture set up by Shell in Brazil is to give up plans to buy sugar cane grown illegally in ancestral indigenous lands......
JP Morgan boss sorry for losses
JP Morgan Chase chairman and chief executive Jamie Dimon apologises for the bank's $2bn losses on high-risk trades......
Northern Rock run 'preventable'
The run on Northern Rock could have been prevented, the outgoing chief executive of the Financial Services Authority tells the BBC......
Domain name applications unveiled
Applications for new internet address endings include .bbc, .sex and .arab, says the organisation co-ordinating the expansion......
Withdrawals up before Greek poll
Greeks fearing a potential exit from the euro resulting from Sunday's elections are withdrawing cash from bank accounts, banking officials say......
High Court allows tax deal review
The High Court gives UK Uncut permission to challenge a tax deal between HM Revenue and Customs and investment bank Goldman Sachs......
Nuclear damages sought by E.On
Energy group E.On is to seek damages of about 8bn euros over from the enforced shutdown of German nuclear power stations......
US retail sales see further fall
Retail sales in the US fell for the second month in a row in May, giving further evidence that the economy remains weak......
Big rise in working pensioners
The number of people in the UK working beyond state pension age has risen to 1.4 million, almost doubling since 1993......
Smaller stores boost Sainsbury's
Sainsbury's reports a rise in sales in the face of a "challenging market", led by its smaller convenience stores and online operation......
World Bank issues growth warning
Developing nations should brace themselves for weak growth and "tougher times", the World Bank warns......
Eurozone factory output falls
Output from eurozone factories fell 0.8% in April, that's less than the 1% many analysts had forecast......
ATMs to operate without a card
New technology to enable people to withdraw money from cash machines using their smartphone has been unveiled......
Royal Mail next-door delivery aim
Royal Mail is applying for all its postmen to be able to leave large items of mail with a neighbour if the addressee is not at home......
Young 'locked out' of owning home
A new study suggests more than a million young people will be unable to own their own home by 2020......
Japan gets machinery order boost
Japan's core machinery orders, a key indicator of capital expenditure, rise more than had been forecast in April, in a positive sign for the economy......
Scots retail sales remain weak
Retail sales in Scotland remained weak in May, although the warm weather at the end of the month boosted food sales......
Spain borrowing costs hit record
Spain's borrowing costs hit a euro-era high, while Italy's yields touch levels not seen for months, as optimism over the Spanish bank bailout fades......
Profits rise at Zara retail group
Inditex, the retail chain behind the Zara and Massimo Dutti brands, reports a double-digit rise in quarterly profits and sales......
Cairn buys oil company for 414m
Edinburgh exploration company Cairn Energy agrees to buy London-based oil firm Nautical Petroleum for 414m......
JD Sports facing 15m Blacks hit
Outdoor clothing and equipment retailer Blacks Leisure could cost its new owner JD Sports a further 15m this year, it is revealed......
Olympics 'are 476m under budget'
Sports Minister Hugh Robertson says the London Olympics is set to come in under budget, with 476m of the contingency funding left......
China football ex-chiefs jailed
The former head of China's football association, Nan Yong and his predecessor, Xie Yalong are both sentenced to 10-and-a-half-years in jail each for corruption......
Players 'must join new Rangers'
Prospective Rangers owner Charles Green is adamant that existing players will be transferred to a new company......
VIDEO: Premier League TV rights sold for 3bn
The rights to broadcast Premier League games for each of the seasons from 2013-14 to 2015-16 has been sold for 3.018bn......
VIDEO: WPP shareholders oppose pay deal
WPP shareholders have voted against the company's executive pay report, which includes a 6.8m deal for chief executive Sir Martin Sorrell, by a majority of 59.5%......
AUDIO: Sir Martin Sorrell defends pay deal
WPP shareholders have voted against the company's executive pay report, which includes a 6.8m deal for chief executive Sir Martin Sorrell, by a majority of 59.5%. Speaking to the BBC in October 2011 Sir Martin defended the level of his remuneration......
VIDEO: Which web address would you buy?
The full list of submissions for new internet address endings has been published by the global organisation co-ordinating the expansion......
VIDEO: Why chocolate bars could get smaller
Chocolate bars could get smaller and less chocolatey, according to a report by the auditor KPMG......
VIDEO: JPMorgan 'sorry' for trading loss
Jamie Dimon, chief executive of JPMorgan, the world's biggest bank, tells the US Congress he is "very sorry" for the company's $2bn trading loss......
VIDEO: UK's first fast-charge electric bus
Britain's first fast-charging electric bus is being launched......
AUDIO: Markets 'confused' over Spanish bailout
Julian Chillingworth, chief investment officer at Rathbone Unit Trust, explains why optimism in the markets over a Spanish banking bailout fizzled out.....
Vietnamese not feeling effects of slowing inflation
Falling prices are not being felt in Hanoi markets.....
Car firms seek finance and skills
Motor industry cries out for finance and engineers.....
Poland scores late goals in education
How Poland's schools are overtaking the west.....
My Business: Pizza delivery in Kabul
Setting up Kabul's first pizza delivery service.....
Rio heads for economics with meaning
Are there better measures of economic health than GDP?.....
Burma starts work on its tattered image
Burma starts work on its tattered image.....
Planning Google Search's future
Google finds ways to make search more intelligent.....
U.S. Day Ahead: Obama on the economy
June 13 - U.S. president Barack Obama gives an important speech on the economy in Cleveland on Thursday. The CPI data is out first thing in the morning......
Dodd-Frank seen as a lost opportunity for reform
June 13 - Former FDIC chair Bill Isaac says that Jamie Dimon's issues with the current state of financial regulation are legitimate and that the Dodd-Frank bill was a lost opportunity to make meaningful reforms.....
WPP shareholders reject Sorrell's $10.6 mln pay
June 13 - Investors in the world's biggest advertising agency WPP rejected Chief Executive Martin Sorrell's $10.6 million pay award, after he sought to defend a big rise unlike some other British bosses who have taken cuts. Ciara Sutton reports......
Humble but firm Dimon explains trading mistake
Breakingviews Editor Rob Cox takes a closer look at Jamie Dimon's hearing on the $2 billion loss incurred by JPMorgan......
Breakingviews: Dimon in center ring
June 13 - Jeffrey Goldfarb talks to Agnes T. Crane about the circus surrounding the appearance by JPMorgan CEO Jamie Dimon on Capitol Hill......
Saab goes electric with Asian help
June. 13 - Chinese-Japanese firm buys Saab and aims to become a leading manufacturer of electric vehicles with sales focusing on China. Hayley Platt reports......
Trading at Noon: JPMorgan's Jamie Dimon on the Hill
June 13 - JPMorgan CEO Jamie Dimon testifies before Senate Banking Committee about $2 billion trading loss......
Saft Says: Pay Close Attention to German Bund Yields
Columnist James Saft says the recent sell-off of German bunds could be seen either as a positive development or a dangerous warning sign......
Could Italy follow Spain to bailout?
June 13 - After Spain's bank bailout failed to calm markets, Italy's Prime Minister Mario Monti has called for political unity and a plan for growth to protect Rome from contagion. Joanna Partridge reports......
JPMorgan boss Jamie Dimon testimony: What Ive learned
June 13 JPMorgan Chase Chief Executive Jamie Dimon tells the Senate Banking Committee what he has learned from the banks more than $2 billion trading loss. Rough Cut (no reporter narration)......
Jamie Dimons opening statement at banking committee hearing
June 13 - JPMorgan Chase Chief Executive Jamie Dimon testifies at the Senate Banking Committee on the banks multibillion-dollar trading losses. Rough Cut (no reporter narration)......
Protesters heckle JPMorgan Chase executive Jamie Dimon
June 13 - Protesters heckle JPMorgan Chase Chief Executive Jamie Dimon before he testifies at a Senate Banking Committee hearing. Rough Cut (no reporter narration)......
Europe Day Ahead: Greek poll jitters keep investors on edge
June 13 - Tension mounts ahead of Greek poll; Spanish bailout seen inevitable; euro slide quashes talk of SNB move on Swissie......
Protesters disrupt opening of Jamie Dimon testimony
June 13 JPMorgan Chase Chief Executive Jamie Dimon's highly anticipated appearance before the Senate Banking Committee on the bank's recent trading losses gets off to a rocky start with multiple protesters disrupting the start of the event. Protests.....
3XSQ: JPMorgan boss Dimon on the Hill to say 'sorry'
June 13 - Jamie Dimon is expected to apologize to shareholders for the bank's $2 billion loss when he testifies before the Senate Banking Committee......
U.S. Morning Call: It's all about Dimon's billion $$ apology
June 13 - JPMorgan's Jamie Dimon will testify before a Senate panel today on the bank's recent $2 billion dollar loss......
French scientists provide clearer picture for glass-makers
Jun 13 - Scientists say the recent discovery of how glass is formed at a molecular level will make it possible to produce high quality glass more efficiently at lower temperatures. Unprecedented visual evidence of the process by French researchers ma.....
Market Pulse: As Europe burns, buy dollars, sell financials
June 13 - Ignore short-term rebounds, sell the euro and European bank stocks, says SVM Asset Management. It sees the euro below $1.20 and more M&A-led upside in resoucres like the Cairn-Nautical Petroleum deal......
Reuters on the Road: Borro Banks on High-Class Pawn
June 13 - Borro founder Paul Aitken takes the taxi challenge to explain why business is booming as the wealthy are forced to put their Ferraris and fine wine in hock......
Breakingviews: Eurobonds: a guide for the perplexed
June 13 - Making sense of multiple views of debt mutualisation, with Breakingviews assistant editor Peter Thal Larsen......
IEA's Fyfe on monthly oil market report
June 13 - David Fyfe, head of the International Energy Agency's Oil Industry and Markets division, talks about the latest outlook for supply and demand......
Violence yet to dull Myanmar's investment appeal
June 13 - Ethnic clashes in Myanmar are doing little to deter investors, who expect reforms to open new opportunities in the largely untapped market......
Reuters Today: Spanish yields push towards 7% tipping point
June 13 - The Spanish 10-year yield climbs near to the 7% level which pushed Ireland, Greece and Portugal into full-scale bail-outs.....
Wall Street shakes Spanish flu
June 12 - Summary of business headlines: Stocks climb 1 percent as Spanish bond yields dip, but worries remain; Investors await JPMorgan lawmaker chat; Zynga may need new life after Facebook -analyst report. Conway G. Gittens reports......
JPMorgan head gears up for grilling
June 12 - JPMorgan Chase chief Jamie Dimon will be in the hot seat in DC, with Senators expected to press for details on how much a trading loss has grown at the bank- and what he knew about the risks that led to at least a $2 billion trading loss. B.....
Moody's says Spain faces being cut to 'junk' within three months: full statement
Moody's has warned it could cut Spain to "junk" within three months, as it slashed the country's credit rating by three notches, citing the increased debt burden linked to its bank bail-out. Here is the rating agency's statement in full.<img width.....
Europe's sovereign funk denies solutions
It's hard to know whether to laugh or cry. Every week, seemingly, brings some new miracle cure, some further quack remedy, produced as if from the back of a lorry, which promises finally to fix the eurozone debt crisis once and for all.<img width=.....
Chancellor to split banks' high street and City arms
George Osborne is set to unveil an historic overhaul of Britain's largest banks that will force them to separate their retail and investment banking operations and prevent problems at City banks "spilling onto high streets".<img width='1' height='.....
WPP bosses praise firm's Bric success at Dublin AGM
"Psychotic optimism" - the words flashed up on screen halfway through WPP's annual general meeting in Dublin.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2052a4a4/mf.gif' border='0'/><br/><br/>&.....
Sir Martin Sorrell's pay in dock but it's WPP board who should take the blame
For shareholders in WPP to be voting 60pc against their board on any issue, never mind pay, requires a corporate governance failure of unusual proportions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20523baa/.....
BT makes shock grab for Premier League rights
BT has made a shock move into Premier League football after paying 738m to win the rights to show live matches from next year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20523603/mf.gif' border='0'/><br.....
Debt crisis: Germany signals shift on 2.3 trillion redemption fund for Europe
The German government has begun opening the door to shared debts for the first time in a profound change of policy, agreeing to explore proposals for a 2.3 trillion (1.9 trillion) stabilization fund in order to stop the eurozone's crisis escalating o.....
Debt crisis: as it happened, June 13, 2012
Syriza leader Alexis Tsipras says EU will do all it can to keep Greece in the eurozone and supply funding to the country even if he is elected and rejects austerity measures.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Saab set to reemerge as electric car maker
Administrators say they have found a buyer for ailing car maker.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2051c889/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/136712.....
Trading house sues Barclays for 133m over Swedish deal
Barclays Bank is being sued for 164m (133m) by an irate former client which claims the lender went behind its back and bought a company it was itself pursuing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2051c.....
Debt crisis: live
Syriza leader Alexis Tsipras says EU will do all it can to keep Greece in the eurozone and supply funding to the country even if he is elected and rejects austerity measures.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Jamie Dimon says clawback of pay is likely after $2bn loss
JPMorgan Chase looks set to claw back staff bonuses for the first time following its $2bn (1.3bn) trading loss, its chief executive Jamie Dimon told a Congressional hearing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
Healthy rise for Proximagen after US deal
Proximagen looked markedly healthier, jumping 57 -20.7pc - to 335p, after an unlisted American drug maker pounced on the British biotech company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2051bca7/mf.gif' bo.....
African airline backed by Lonrho and Sir Stelios may 'take years' to make profits
An African airline venture backed by Lonrho and easyJet founder Sir Stelios Haji-Ioannou may take two years to deliver returns and require significant additional funding, the directors have admitted.<img width='1' height='1' src='http://telegraph......
Debt crisis: Greeks pulling 800m a day from banks
Greeks are withdrawing up to 800m a day from their banks and stocking up on basic food supplies ahead of the election on Sunday that many fear will result in the country being forced out of the euro.<img width='1' height='1' src='http://telegraph......
Italy's exclusive Billionaire club to close
For more than a decade it has hosted a champagne-quaffing jet set of supermodels, oligarchs and Hollywood stars but Billionaire, a legendary nightclub on Sardinia's Costa Smeralda, is to close.<img width='1' height='1' src='http://telegraph.feedsp.....
Sir Martin Sorrell on course for a pay cut following shareholder revolt
Sir Martin Sorrell, chief executive of the WPP advertising group, is on course for a pay cut after an overwhelming number of investors voted against his near 13m-a-year pay package.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Oil price could plunge to $50, says Credit Suisse
The oil price could almost halve later this year if the crisis in the eurozone escalates, Credit Suisse believes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20509913/mf.gif' border='0'/>.....
Jessica investigates: bank is keeping my PPI cash
Jessica tries to help a reader who has been awarded a PPI payout but won't get the actual cash.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20504d53/mf.gif' border='0'/><br/><br/><a href="htt.....
Weak manufacturing points to eurozone slump
The eurozone is edging closer to a deep recession, economists warned after official figures showed that manufacturing in the region slumped in April to its lowest level in almost two years.<img width='1' height='1' src='http://telegraph.feedsporta.....
Debt crisis: Bailed-out Spain pleads for aid from European Central Bank
Spain's prime minister said he is "battling" to get the eurozone's central bankers to bring down the country's record borrowing costs, amid predictions the state will need a second bail-out to save itself.<img width='1' height='1' src='http://tele.....
WPP: a history
Nearly 60pc of WPP shareholders voting by proxy have opposed Sir Martin Sorrell's pay package, marking one of the biggest investor revolts of the Shareholder Spring so far. Here, we look at the history of WPP.<img width='1' height='1' src='http://.....
US retail sales drop for second month
US retail sales fell for the second month in a row in May, intensifying fears that Americans are reining in spending amid signs that growth is slowing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/204f742e/mf.g.....
WPP shareholders oppose Sir Martin Sorrell's pay
Nearly 60pc of WPP shareholders voting by proxy have opposed Sir Martin Sorrell's pay package, marking one of the biggest investor revolts of the Shareholder Spring so far.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Manchester United 'ditches Asia for US IPO'
US listing could earn the company a better valuation as a media business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/204f7430/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....
