Barclays fined over manipulation
Barclays Bank pays 290m in penalties and boss Bob Diamond gives up his bonus after it tried to manipulate the interest rates at which banks lend to each other......
MPs demand IT answers from RBS
The chairman of the Treasury Committee brands the meltdown of RBS's computer system "completely unacceptable" and demands an explanation from the bank......
Lloyds and Co-op deal now closer
Lloyds reaches an "understanding" with the Co-op to sell it 632 Lloyds TSB and Cheltenham and Gloucester branches......
Firm accuses CAB of harassment
A firm that sues shoplifters on behalf of retailers accuses a Citizens Advice Bureau official of organising a campaign of harassment against it......
Google to sell tablet and glasses
Google has unveiled Nexus 7 - a tablet made by Asus - and will sell its augmented reality glasses to developers from 2013......
Spain 'cannot afford high rates'
Spain's Prime Minister, Mariano Rajoy, says the country cannot afford to finance itself for long at current rates of interest......
Merkel rejects sharing euro debt
German Chancellor Angela Merkel again rejects the idea of pooling eurozone debt through bonds and urges greater competitiveness in the EU......
Xstrata incentives threaten deal
Commodities trader Glencore is under pressure to change the terms of its $90bn (56bn) merger with mining firm Xstrata......
US bans Samsung Galaxy Tab 10.1
A court bans sales of Samsung's Galaxy Tab 10.1 tablet in the US while it decides on the firm's patent dispute with Apple......
Wage subsidies brought forward
Wage subsidies for firms hiring jobless 18 to 24-year-olds will be triggered earlier in 20 deprived areas, Nick Clegg announces......
Retail sales 'saw Jubilee boost'
The Diamond Jubilee celebrations gave UK High Streets a "much-needed boost" in June, according to a survey of the retail sector by the CBI......
EU seeks WTO help in China row
The European Union asks the World Trade Organisation to arbitrate in a row about China's export restrictions on its "rare earth" minerals.....
Microsoft loses antitrust appeal
Europe's second highest court upholds a competition ruling against Microsoft, but slightly reduces the fine it has to pay......
Unite says wages failing to last
More than eight out of 10 of Unite union members who responded to a survey said their salary does not last until the next pay day......
Tepco nationalisation to go ahead
Shareholders of Tokyo Electric Power Company, which operates the Fukushima nuclear power plant, agree to the nationalisation of the company......
Coca-Cola makes $5bn India move
Coca-Cola says the firm and its bottling partners will invest $5bn (3.2bn) in India in a bid to increase its market share......
RBS says 99% of accounts updated
RBS Group says nearly all RBS and NatWest accounts have now been updated, after a major computer glitch a week ago disrupted payments......
China in $10bn Latin America loan
China offers to set up a $10bn (6.4bn) credit line for Latin America countries to support infrastructure projects in the region......
King 'pessimistic' about economy
Bank of England governor Sir Mervyn King says he is "pessimistic" about the global economy, saying the situation has worsened in the past few weeks......
US house prices 'rise in April'
US house prices rose in almost all major cities in April, the closely-watched Case Shiller survey indicates......
News Corp confirms possible split
Rupert Murdoch's News Corporation has confirmed that it is considering splitting itself into two separate companies......
Northgate van hire profit rises
Van hire company Northgate reports a rise in annual profits after cutting back its UK and Spanish fleets and raising its prices......
Ocado shares plunge post results
Online grocer Ocado says the potential impact of the Olympics makes it hard to forecast third quarter sales......
Brown leads Gers fans buy-out bid
Former player John Brown is leading a bid to buy the relaunched Rangers on behalf of fans and questions who owns the club's assets......
Pontypool RFC 'not good enough'
A lawyer for the Welsh Rugby Union tells the High Court that Pontypool rugby club is not good enough for the reorganised premiership......
Bradford go into administration
Bradford Bulls enter administration and face "extinction" if a buyer is not found within 10 days......
VIDEO: Peston on Barclays 'shocking behaviour'
The Financial Services Authority (FSA) has fined Barclays Bank a record 59.5m for attempting to manipulate the interest rates at which banks lend to each other......
VIDEO: Drive to make Games pay for UK
With 30 days to go until the 2012 Games begin the government is hoping the Olympics will boost the economy......
VIDEO: Minister grilled on fuel duty U-turn
On the day that the government said it would delay a 3p-a-litre rise in fuel duty from August until next January, Treasury Minister Chloe Smith refused to say when exactly the government changed its mind......
VIDEO: Google announces Nexus 7 tablet
Google has unveiled the Nexus 7 - its first own-brand tablet which will run the new Jelly Bean version of Android......
VIDEO: Yorkshire monks return to brewing beer
Benedictine monks at Ampleforth Abbey in North Yorkshire have returned to brewing beer......
AUDIO: Will Xstrata-Glencore merger fail?
Qatar's sovereign wealth fund took the unexpected step of saying that it wants better terms if the deal between the world's biggest commodities trader, Glencore, and the mining giant Xstrata is to progress......
AUDIO: Tax rate should 'provide for growth'
Arthur Laffer, who designed the Laffer Curve, speaks to Today presenter Simon Jack......
AUDIO: 'We must decarbonise our economy'
What do the environmentalists think about the government's decision to delay a three-pence increase in fuel duty that was planned for August. Andrew Pendleton, head of campaigns at Friends of the Earth, gives his views......
Felda gambles on 'recession-proof' business
Malaysian palm oil firm bets on 'recession proof' business.....
'It's the economy, clever'
'It's about the economy, clever,' says New York.....
Zynga is playing a long-term game
The Farmville firm on share price falls and its social strategy.....
Gambling boom a mixed blessing for Macau's youth
Gambling boom a mixed blessing for Macau's youth.....
The eurozone's reform wishlist
What changes could help keep the eurozone together?.....
U.S. Day Ahead: Obamacare ruling could slam health insurers
Health & Pharma Editor Michele Gershberg ......
Trading at Noon: Stocks up; Facebook attracts 'likes'
June 27 - U.S. stocks are rising today on upbeat economic data and analysts rate Facebook over a month after its IPO debut......
Austerity lesson from Latvia
June 27 - Economist says Latvian austerity has helped produce fastest growing EU economy and serves as an example for others. Deborah Lutterbeck reports......
Merkel rebuffs pleas on eve of summit
June 27 - Just ahead of a crucial European summit which could determine the future of the euro zone, EU leaders are more openly divided on what to do than at any time since the crisis began, with Germany brushing aside Spain and Italy's calls to help.....
Breakingviews: Barclays $450 mln question
June 27 - Rob Cox and Breakingviews columnists discuss what the broader repercussions will be from the whopping $450 million fine paid by Barclays over attempts to manipulate Libor......
Monte Paschi aims to wean itself off the state
June 27 - The world's oldest bank Monte dei Paschi di Siena is bailed out by the Italian government. Chairman Alessandro Profumo sets out its restructuring options......
Europe Day Ahead: EU Summit hopes and fears
June 27 - A crucial European summit could be a path towards a solution to the euro zone debt crisis, or end in acrimony as leaders disagree on the best way forward......
3XSQ: Barclays paying $452 mln fine over Libor
June 27 - British bank Barclays is paying a hefty fine to settle a probe into LIBOR, the key bank lending rate......
Firebomb attack on Microsoft as Athens simmers
June 27 - Software giant Microsoft's Athens headquarters is targeted by arsonists in an attack highlighting economic tensions in Greece......
Market Pulse: "Soggy" trading ahead of EU summit storm
June 27 - The sharp rise in yields at Italy's 6-month bill auction raises eyebrows, but markets are in a holding pattern ahead of tomorrow's EU summit. Still, glasses are looking half-empty........
World at Risk: U.S. lack of fiscal plan a major concern
June 27 - Nomura's Senior Political Analyst Alastair Newton shares his thoughts on why the lack of a U.S. fiscal plan is a bigger worry for markets than the European crisis......
Breakingviews: Glencore-Xstrata wobble has bankers quaking
Breakingviews......
Arson attack at Microsofts Athens HQ
June 27 - Attackers drive a van full of petrol and gas canisters into the ground floor of a Microsoft building in Athens, causing extensive damage to the structure. Travis Brecher reports......
Behind new Google tablet, a clash of the chips
June 27 - Mobile chip makers are racing to meet soaring demand from devices like Googles Nexus tablet, pushing for ever-tinier and more energy-efficient processors that will power the next generation of portable computing......
Reuters Today: Merkel snuffs out euro bond hope
June 27 - "Not as long as I live" - Angela Merkel turns up euro tensions by refusing to budge on common euro zone debt, setting the scene for a testy meeting with French president Francois Hollande later......
Grounded cruise ship 'design flaw'
June 27 - New lawsuit over the Costa Concordia cruise ship grounding and capsize alleges vessel design slowed evacuation. Paul Chapman reports......
Mongolia: wealth share in focus
June 27 - Uneven distribution of the proceeds of Mongolia's booming mining industry takes centre stage in parliamentary election. Julie Noce reports......
Glencore Xstrata deal in disarray
June 27 - Commodities trader Glencore will need to sweeten its $26 billion bid for miner Xstrata or risk losing a deal it has coveted for years after key shareholder Qatar made a late demand for better terms. Sonia Legg reports......
Tourism in Greece is not so hot
June 27 - Hotel workers stage a 24-hour strike as the tourism industry scrambles to recover from the economic crisis and a downturn affected by Greece's political instability. Ciara Sutton reports......
U.S. Morning Call: Best Buy founder considers takeover
Best Buy's Richard Schulze is working with banks including Credit Suisse on a possible deal to takeover the retailer......
Tepco nationalisation approved
June 27 - Tepco shareholders approve nationalisation of the utility to keep it afloat, but reject motion to scrap nuclear plant in NW Japan. Arnold Gay reports......
Bulls find a home to recharge
June 26 - Summary of business headlines: A rise in home prices sparks a rally but Wall Street's gains are limited by falling consumer confidence; Rupert Murdoch considers splitting his media kingdom. Conway G. Gittens reports......
The real prize of a News Corp. split
June 26 - A possible split of Rupert Murdoch's News Corp could yield some surprising benefits- including the trophy asset they have been after for years. Bobbi Rebell reports......
U.S. Day Ahead: Durable goods looking less solid
June 26 - American manufacturers could be in for a slowdown and Facebook gets rated by its underwriters......
Trading at Noon: Rupert Murdoch's 'splitting' headache
Editor Peter Lauria discusses the possible move......
Interest rate was rigged by Barclays
Mortgage holders, credit card users and small businesses may have been charged too much for their loans after one of Britain's biggest banks admitted systematically rigging financial markets.<img width='1' height='1' src='http://telegraph.feedspor.....
Record fines for Barclays are just the beginning of the Libor scandal
If money makes the world go around, Libor makes the money go around first. It's at the heart of everything, and dishonestly manipulating Libor is nothing less than manipulating the price of money itself.<img width='1' height='1' src='http://telegr.....
Barclays' rate expectations turn into hard times
Barclays has admitted staff routinely manipulated Libor. We looks at the investigation and the fear that other lenders may have followed suit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20c7f9ae/mf.gif' borde.....
Barclays: how the Libor scandal unfolded
Barclays has been fined 290m for attempting to manipulate the world's benchmarking borrowing rate in a scandal that stretches back seven years. Here is a timeline of key events.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Questor share tip: Petrofac a hold until order pipeline flows more strongly
Oil services group Petrofac was upbeat in its pre-close trading update on Tuesday, reassuring investors it was on track to grow net profits by at least 15pc this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Barclays hit with 290m fine over Libor fixing
Barclays has been fined 290m for attempting to manipulate the world's benchmarking borrowing rate in a blow to the bank's reputation that has raised questions over the future of chief executive Bob Diamond.<img width='1' height='1' src='http://tel.....
Banks face billions of dollars of claims after Barclays settles
Damages claims running to billions of dollars against the world's biggest banks have been given fresh "credibility" by Barclays 290m Libor settlement, lawyers said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
TNK-BP board to meet next month
BP has regained some control over the running of Russian joint venture TNK-BP, securing the agreement of its oligarch partners to meet as a board for the first time since December.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Hedge fund chief Philip Falcone charged by SEC
Philip Falcone, the billionaire hedge fund manager, has been sued by US regulators over allegations that he borrowed money improperly from his fund to pay his tax bill.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
NBNK to close as Lloyds agrees terms with the Co-op
Lloyds Banking Group has agreed the terms of a deal to sell 632 branches to the Co-op, ending a long-running takeover battle for the "Project Verde" business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20c79d.....
RBS and Lloyds also face Libor inquiry
Royal Bank of Scotland and Lloyds Banking Group, the UK's two taxpayer-backed banks, are at risk of significant fines as part of the investigation into attempted rigging of the inter-bank lending market that has now cost Barclays 290m.<img width='.....
Xstrata cedes to shareholder outcry over bumper pay-outs
Xstrata, the FTSE 100 miner, was forced to rethink plans for bumper management pay-outs over its planned merger with Glencore, amid investor warnings that the debacle could claim the Xstrata chief's scalp.<img width='1' height='1' src='http://tele.....
Porsche facing 4bn Volkswagen lawsuits
It involves one of the most glamorous companies on the planet, some of the world's largest investment funds and lawsuits in excess of 4bn (3.2bn).<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20c79d31/mf.gif' b.....
Yule Catto dives by 22pc on profit warning
Chemical company Yule Catto took a battering after it issued a profit warning that spooked investors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20c79d32/mf.gif' border='0'/><br/><br/><a hre.....
How the deal of the year, between the commodity giant Glencore and miner Xstrata, has gone wrong
For a deal that everyone was expecting, the Glencore-Xstrata merger has a nasty habit of throwing up surprises. And few of them have been pleasant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20c79d37/mf.gif' .....
T-Mobile USA chief Philipp Humm quits after failed merger
T-Mobile USA chief executive Philipp Humm resigned Wednesday, six months after a planned merger of the telecom group with AT&T fell apart.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20c79d3a/mf.gif' borde.....
German banker Gerhard Gribkowsky who took bribes over F1 sale jailed
Gerhard Gribkowsky, the German banker who confessed to taking bribes from Bernie Ecclestone in connection to the 2006 sale of Formula One to private equity has been jailed for eight-and-a-half years.<img width='1' height='1' src='http://telegraph......
Debt crisis: Angela Merkel dismisses Spain and Italy's pleas for aid
Pleas from Spain and Italy for urgent financial aid from the eurozone to bring down borrowing costs were dismissed by Angela Merkel as divisions hardened on the eve of a critical summit.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Debt crisis: as it happened - June 27, 2012
Angela Merkel and Francois Hollande meet in Paris to try to square their differences over the debt crisis after the German chancellor ruled out eurobonds for 'as long as I live'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Angela Merkel isn't bluffing; like everyone else in Europe, she's defending national sovereignty
You turn if you want to. The lady's not for turning. No, not Mrs Thatcher, but Angela Merkel, the latest big beast of the European political scene to dig her heels in and refuse to go along with the international consensus.<img width='1' height='1.....
Debt crisis: live
Angela Merkel and Francois Hollande meet in Paris to try to square their differences over the debt crisis after the German chancellor ruled out eurobonds for 'as long as I live'.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Bob Diamond: profile of one of the world's richest bankers
One of the world's richest bankers, Bob Diamond has repeatedly found himself in the firing line for the size of his pay packet.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20c6a2db/mf.gif' border='0'/>.....
Q&A: Libor explained
Barclays has been fined 290m to settle claims that it manipulated the London Interbank Offered Rate (Libor). We explain what Libor is, and how it affects households and companies' borrowing costs.<img width='1' height='1' src='http://telegraph.fee.....
BBA: mortgage repayments outstrip lending for first time
The weak state of Britain's housing market was laid bare as mortgage repayments outpaced lending for the first time on record in May.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/20c64d34/mf.gif' border='0'/>.....
Regulator poised to sue hedge fund chief Philip Falcone
US regulators are poised to file civil charges against Philip Falcone, the hedge fund billionaire, over allegations that he borrowed money improperly from his fund to pay his tax bill, according to reports.<img width='1' height='1' src='http://tel.....
