SFO launches Libor investigation
The Serious Fraud Office (SFO) confirms that it has formally launched a criminal investigation into the rigging of the inter-bank lending rate, Libor......
Pound hits new high against euro
The pound hits its highest level against the euro since November 2008, the day after the European Central Bank lowered its key interest rate......
Farmers demand 'fair milk price'
Farming unions demand the reversal of recent cuts in the price of milk as diary farmers consider protests and disrupting supplies......
Football transfers in global fall
Football transfer numbers and the income they generate have fallen sharply in the past six months, says governing body Fifa......
Greek PM promises focus on growth
Prime Minister Antonis Samaras promises to focus on reforms and measures to restore economic growth in Greece, in his first major speech to parliament......
US jobs data triggers share slip
US shares fall after official employment figures show firms created only 80,000 new jobs in June, leaving the unemployment rate unchanged at 8.2%......
Farepak compensation from Lloyds
Lloyds Banking Group has donated an extra 8m to the Farepak compensation fund after last month's criticism by a High Court judge......
RBS dealing with IT failure cases
The number of customer issues that have required further attention from RBS following the banking group's computer failure has grown......
UK producer prices fall by 0.4%
UK producer prices fell by 0.4% in June from May, the largest monthly fall since November 2008, figures show......
IMF to cut global growth forecast
IMF chief Christine Lagarde says its next forecast for global economic growth in 2012 will be down from the 3.5% predicted in April......
Olympics net overload fears fade
The Cabinet Office says it is no longer worried the internet will be overloaded during the Olympic Games......
Smartphones boost Samsung profits
Samsung Electronics says it expects its profits to surge 79% in the second quarter as sales of its smartphones continue to grow......
CBI economist appointed to MPC
CBI economist Ian McCafferty is appointed as an external member of the Bank of England's Monetary Policy Committee, replacing Adam Posen......
Italy approves deep spending cuts
Italy's government agrees to cut spending by 26bn euros (21bn) over the next three years to plug the gap between spending and income......
Japan FSA raps Olympus auditors
Japan's financial regulator clears cameramaker Olympus's former auditors of negligence, but tells them to improve their supervision......
Alibaba executive in bribe probe
Alibaba Group says one of its former executives, Yan Limin, has been detained by police on "suspicion of accepting bribes"......
Bank in extra 50bn stimulus move
The Bank of England announces it will pump a further 50bn into the UK economy through its quantitative easing programme......
Public land sales 'lost millions'
Details have emerged about misconduct and potential fraud in the sale of public land to private developers by Northern Ireland's housing authority......
Pork factory may shed 1,700 jobs
Dutch food company Vion says it could be forced to close its loss-making West Lothian pig processing factory with the loss of 1,700 jobs......
Roger Bootle wins Wolfson prize
Roger Bootle and his team at Capital Economics win the 250,000 Wolfson Economics prize for the best plan for dealing with a eurozone break-up......
French to tax second-home owners
UK citizens who own homes in France may have to pay substantially more in tax in that country, under proposals announced on Wednesday......
Charities fear child poverty rise
The number of children living in vulnerable families could rise to more than one million by 2015, three leading UK charities warn......
Air fares to include card fees
Twelve airlines, including Easyjet and Ryanair, agree to include debit card charges in air fares, rather than at the end of the booking process......
Lender hit by fine over data loss
Doorstep lending firm Shopacheck is fined 150,000 for losing tapes containing the personal details of 510,000 customers......
US in China car import tariff row
The United States has complained to the World Trade Organisation about the level of China's import duties on large-engined US-made cars......
Eurozone rates at new record low
The European Central Bank has reduced its key interest rate from 1% to 0.75%, a record low for the eurozone......
China's central bank cuts rates
The Chinese central bank cuts its benchmark interest rate for the second time in two months, in a bid to arrest slowing economic growth......
Peugeot shares fall on poor sales
Shares in French car giant Peugeot lose 6% after the company reported a 13% fall in first half sales......
Ulster Bank boss not taking bonus
Ulster Bank confirms its chief executive Jim Brown will not take his annual bonus this year.....
Rinehart reduces stake in Fairfax
Australia's richest woman, Gina Rinehart, reduces her stake in Fairfax Media amid a continuing dispute about seats on the firm's board......
Premier League to use technology
Goal-line technology could be introduced in the Premier League during the 2012-13 season after Fifa approves two systems......
Usmanov criticises Arsenal board
Arsenal's second largest shareholder Alisher Usmanov criticises the club after Robin van Persie's contract decision......
VIDEO: Ulster boss turns down bonus
The boss of Ulster bank turns down his bonus after the computer chaos that affected around half a million customers......
VIDEO: Gypsy wedding dressmaker goes solo
The dressmaker from Channel 4's My Big Fat Gypsy Wedding,' Thelma Madine, is about to be put in the spotlight with her own show, helping ten girls from the traveller community learn her trade......
AUDIO: Dairy price cuts enrage farmers
Dairy industry analyst Ian Potter and Peter Kendall of the National Farming Union, discuss the cut in dairy prices......
VIDEO: Women 'make better City bankers'
Former City trader Barbara Stcherbatcheff recalled the "fast cars, fancy lifestyle and Champagne" of her former career, but also the "sheer arrogance and pig-headedness" of men in the financial community......
VIDEO: Simulators recreate 'total reality'
Training providers are working harder than ever to deliver skilled pilots, causing a spike in the demand for aircraft training simulators......
AUDIO: 'We are trying to address these trust issues'
Stephen Whitehead, chief executive of Association of the British Pharmaceutical Industry, defends the ethics of the industry following GSK's guilty plea for drug violations......
VIDEO: What is Samsung doing right?
Samsung Electronics has said that it expects its profits to surge 79% in the second quarter as sales of its smartphones continue to grow......
VIDEO: 'Greece euro exit likely in months'
Greece is likely to exit the eurozone in "a matter of months", according to the winner of the Wolfson Economics prize, awarded for the best plan for dealing with member states leaving the eurozone......
Is wet weather bad for business?
Is wet weather bad for business?.....
Flight simulator demand set to soar
Are there enough simulators to train tomorrow's pilots?.....
Q&A: Flooding insurance and you
What should you do if you are affected?.....
The firms who cannot shout about their Olympic glory
The firms who cannot shout about games involvement.....
Brief encounter aids Borg revival
Tennis star Borg revives fortune with sexy underwear.....
Cuba looks to China for inspiration
What does Cuba stand to gain economically from China?.....
The woman who took on Zimbabwe's security men and won
The woman who took on Zimbabwe's security men and won.....
African infrastructure drives growth
The infrastructure driving Africa's economic development.....
Why unemployment isn't falling
Jul 06 - The U.S. labor market stalls in June with paltry job creation and an unemployment rate stuck at or above 8 percent for 3-1/2 years. Conway Gittens reports......
The public face of unemployment
Jul 06 - Public sector cuts have created a disappearing work force - a middle class largely made up of women and African Americans who are at a loss for new jobs in the private sector. Jill Bennett reports......
U.S. Week Ahead: JPMorgan, Alcoa kick off Q2 earnings
JPMorgan will be in focus as the bank posts second-quarter earnings next week. Also, Alcoa reports Monday......
Rocket launch a boost for California start-up
July 6 - US aerospace company, Masten Space Systems, has taken its experimental re-usable rocket to new heights, launching it to an altitude of 444 metres and landing it safely again in California's Mojave desert. Elly Park reports......
Wealth Strategies: Weak jobs could mean Sept action from Fed
July 6 - Barclays' Michael Gapen says the anemic recovery in the U.S. labor market has led him to cut growth forecasts for the second half and says that the Federal Reserve may add stimulus in September......
Trading at Noon: Stocks fall on weak unemployment
July 6 - U.S. stocks are down after employers hired at a weaker-than-anticipated pace in June......
Breakingviews: Libor adds to U.S. bank valuation woes
Antony Currie and Agnes Crane discuss how the interbank lending rate scandal adds more pain for shareholders of BofA, Citi and JPMorgan......
Europe Week Ahead: Time for Details on EU summit
July 6 - A look at the week ahead including Eurogroup in Brussels, Libor scandal testimonies, Fed minutes, China data and Libya elections......
PSA Peugeot Citroen sales slump
July 6 - The French carmaker looks set to cut thousands of jobs as economic turmoil in its core European markets hits sales. Joanne Nicholson reports.....
3XSQ: No boost for Obama with jobs report
July 6 - June jobs report shows sluggish growth at 80,000 as President Obama tours through Ohio and Pennsylvania......
Ugandan student makes a billion through apps
July 6 - Twenty-two-year-old Ugandan IT student Abdu Sekalala has made a fortune from mobile apps, benefiting from Africa's fast-growing telecoms market. Hayley Platt reports......
Market Pulse: Non farm payrolls - euro sell signal?
FX analyst Neal Kimberley says traders are waiting for the U.S. employment report to sell the euro again......
Breakingviews: Select committee is BoE job interview
July 6 - Adair Turner takes on Paul Tucker at the banking select committee next week for a public BoE interview, says Breakingviews......
Reuters Today: U.S. hiring seen stuck in low gear
July 6 - With a weak number expected from the U.S. June employment report, the question is whether the Fed will follow central banks in China, the euro zone and the UK with more easing of its own......
China rate cut stokes fear of dismal data blitz
July 6 - China's second interest rate cut in a month comes just ahead of a blitz of data due out in the coming week. Growth in the once-roaring economy could dip to a 3-year low......
Samsung sales rocket, but risks loom beyond Galaxy
July 6 - The South Korean tech giant is selling smartphones at a record pace, making more money than ever before, but faces rockier prospects outside its star mobile division. Jon Gordon reports......
Asia Week Ahead: China GDP, ASEAN Regional Forum
July 6 - A raft of economic data will shed more light on the severity of China's slowdown, while tensions over South China Sea territorial claims will be high on the agenda at a regional security forum......
U.S. Morning Call: Modest improvement seen in jobs report
July 6 - 69,000 jobs added in May but it's likely not enough to budge the 8.2% unemployment rate......
Job jitters trump rate cuts
July 5 - Summary of business headlines: Three central banks add stimulus but investors want additional U.S. job growth; June same-store sales show growing consumer caution; Netflix surges on video viewership. Conway G. Gittens reports......
Penny pinching consumers stall sales
July 5 - Retailers lost some steam in June as consumers, who spent early in the season, pulled back their spending on worries about the economy. Bobbi Rebell reports......
U.S. Day Ahead: Jobs report key for Obama
July 5 - Friday's June jobs report represents one of President Obama's last chances to convince swing voters he has right plan for economy......
Spain to probe Bankia bosses
A judicial inquiry has been launched into senior executives from the bailed-out lender including the bank's ex-chairman, Rodrigo Rato, who will be investigated for fraud. Joanne Nicholson reports......
Trading at Noon: Apple above 600; Netflix, Yelp up
July 5 - Tech stocks are leading the Nasdaq higher today with Apple stock trading above $600......
Three central banks take action
July 5 - A trio of the world's central banks, in Europe, Britain and China loosened their monetary policy in the space of under an hour on Thursday, signalling a growing level of alarm about the world economy, although suggestions of coordinated acti.....
Breakingviews: Will Coty come calling after IPO primping?
Antony Currie and Breakingviews columnists discuss whether the fragrance company will use its sweet-smelling shares for another pass at Avon......
Market report: Aviva buoyed by sale as it begins turnaround plan
Aviva started to reap the rewards of new chairman John McFarlane's plans to turn the company into a "leaner, more agile beast", as investors welcomed the sale of part of its stake in Dutch insurer Delta Lloyd.<img width='1' height='1' src='http://.....
How many dead birds does it take to build a wind farm?
Sandwich terns are avid readers of this column. So, here's a bit of advice: that thing in the sea below is not a tree. No, my feathered friend. It's a killing machine, a vicious, whirring terninator.<img width='1' height='1' src='http://telegraph......
Libor scandal: Serious Fraud Office opens investigation
The Serious Fraud Office (SFO) has formerly opened an investigation on the Libor scandal that will probe individuals and banks for evidence of criminal actitivity.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Dragon Theo Paphitis close to Robert Dyas deal
Theo Paphitis, the owner of the stationery retailer Ryman and star of Dragons' Den, is on the brink of buying the ironmonger Robert Dyas for about 10m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2116d8b0/mf.g.....
Centrica criticises policy as seabirds block Docking Shoal wind farm
Centrica has criticised conflicting Government policies after ministers blocked plans for a wind farm to power 400,000 homes because of concerns about seabirds.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2116.....
Debt crisis: Spain back in the dangerzone as politicians wrangle
Spanish and Italian borrowing costs soared back into the danger zone as traders bet that the policy action by central banks was inadequate defence against the continued political and financial chaos in the eurozone.<img width='1' height='1' src='h.....
JTI hits out at 'flawed' debate on plain cigarette packaging
One of the world's biggest tobacco companies, JTI, has hit out at government plans to ban branded cigarette packaging, claiming a consultation on the proposals is "fundamentally flawed".<img width='1' height='1' src='http://telegraph.feedsportal.c.....
The balancing act of weighing growth against safety
The financial policy committee of the Bank of England is now one year old. Its purpose is to identify and, where possible, mitigate threats to the British financial system. Financial stability is the goal.<img width='1' height='1' src='http://tele.....
Thomas Cook has rating cut by Standard and Poor's
Thomas Cook investors were dealt a blow after Standard & Poor's downgraded the holiday company's credit rating and warned that it could have to push through a debt restructuring given its "unsustainable" capital position.<img width='1' height=.....
IMF warns of cuts to worldwide forecasts
The International Monetary Fund is poised to downgrade its forecasts for global growth because of a "more worrisome" outlook, according to Christine Lagarde.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21165b7.....
Debt crisis: as it happened - July 6, 2012
US markets expected to sink on opening after disappointing jobs data fell far short of expectations and caused concerns about the strength of the economic recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Lloyds to pay extra 8m to savers with defunct Christmas club Farepak
Lloyds Banking Group is to pay savers with collapsed Christmas savings club Farepak an additional 8m after being roundly criticised by a High Court judge.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2113a3bf/m.....
Bank of England warns UK banks need more capital
Britain's banks do not have enough capital to withstand an escalation in the eurozone crisis, the Bank of England has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2115be3c/mf.gif' border='0'/><br/.....
Debt crisis: US jobs data disappoints
US markets expected to sink on opening after disappointing jobs data fell far short of expectations and caused concerns about the strength of the economic recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
SFO to launch criminal investigation into Libor scandal
A criminal investigation is to be launched into the Libor scandal that has rocked the banking sector.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2114e956/mf.gif' border='0'/><br/><br/><a hre.....
US economy fears as firms higher fewer workers than expected
Hope that the US job market would drive a recovery in the world's largest economy have been dealt a blow after companies hired fewer workers than expected last month.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Debt crisis: Finland warns of euro exit
Finland would consider leaving the eurozone rather than paying the debts of other countries in the currency bloc, Finnish Finance Minister Jutta Urpilainen has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Portuguese court blocks key part of austerity plan
The Portuguese government might extend a pay cut for civil servants to others after a court blocked a key part of its deficit-cutting programme by saying it was unconstitutional.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Cyprus asks Moscow for 5bn loan, says Russian finance minister Anton Siluanov
Cyprus has asked Moscow for a 5bn loan, Russia's finance minister has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/211446ac/mf.gif' border='0'/>.....
BP snubbed by Abu Dhabi over oil access
BP appears to have been snubbed by Abu Dhabi, after the British company was not invited to bid for access to its giant onshore oil fields.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2113a978/mf.gif' border='0.....
CBI's Ian McCafferty to replace Adam Posen on MPC
The CBI's chief economic adviser Ian McCafferty will replace Adam Posen on the Monetary Policy Committee, the Treasury has announced.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2113a3c1/mf.gif' border='0'/>.....
UK factory gate inflation eases on oil price fall
British factory gate inflation slowed to the lowest level in more than two and a half years in June following a 10pc fall in oil prices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2112868a/mf.gif' border='0'/.....
Finland could leave the eurozone rather than pay other nations' debts, says Jutta Urpilainen
Finland would consider leaving the eurozone rather than paying the debts of other countries in the currency bloc, Finnish Finance Minister Jutta Urpilainen has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
IMF to trim growth forecast as global crisis deepens
Christine Lagarde has warned the IMF plans to cut its growth forecast of 3.5pc as the global economic situation becomes "more worrisome".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2112868b/mf.gif' border='0'.....
Ed Miliband: I'm not afraid of inquiry probe into Labour link to banking
Ed Miliband has insisted that he is 'not afraid' of the Libor scandal inquiry exposing Labour's past links to banks.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21131e78/mf.gif' border='0'/>.....
