Brokers lament French tax tour de farce
Questions about the financial transaction tax remain unanswered just weeks before it comes into force.....
Martin Currie cedes voting control in refinancing shake-up
Troubles put Scottish fund manager in the hands of outside investors for the first time in its history.....
Banks lose out on $50m FXall windfall
Banks that sold their stakes in the currency platform's IPO five months ago have missed out after the Thomson Reuters takeover.....
Ondra names former BP board director as chairman
Sir William Castell is to replace Michael Kirkwood, a City grandee whose own three-year term had come to an end.....
Ex-Och-Ziff head plans Goldman-backed fund
Massimo Bertoli, a partner at Och-Ziff in London who left a year ago, has teamed up with Stephen Sales, who previously ran the business side of Marble Bar Asset Management.....
Banks review program trading desks amid equities slump
A number of Europe's largest equity houses are understood to be reviewing the role of their program trading desks.....
Railpen on track with pooled fund sign-ups
The group that manages pensions for the UK's railway industry has signed up 85% of its pension fund clients to a new dynamic multi-asset fund.....
Apax investors 'demand dollar option'
Euro jitters prompt calls for latest fund to include an option to invest in dollars.....
Investitori beats a market retreat
The Italian firm is managing its portfolio to exit.....
US mega-investor gets approval from FSA
US fund manager Tiaa-Cref is set to manage money for UK pension schemes and other investors.....
Barclays' had 'culture of gaming'
A senior FSA banking regulator tells MPs that Barclays' had a 'culture of gaming' that came from the top of the bank......
Yahoo poaches Google exec as CEO
Technology firm Yahoo announces the appointment of Google executive Marissa Mayer as its third CEO in the space of a year......
Global recovery 'still at risk'
The global economic recovery is still at risk and eurozone economies remain "precarious", the IMF warns, as it slashes its growth forecast for the UK......
Fears oil prices could be rigged
A report commissioned by the G20 group of the world's biggest economies has warned oil prices could be vulnerable to a Libor-style rigging scandal......
GSK to buy Human Genome for $3bn
Drug company GlaxoSmithKline buys Human Genome Sciences for an improved offer $3bn (1.9bn), ending a three-month pursuit of the US biotech firm......
G4S shares hit by Olympics woes
Shares in Olympics security provider G4S drop 9% after saying it faces a potential 50m loss on the contract for the Games......
Currency boost for UK tourists
UK holidaymakers going to the eurozone are getting 15% more for their money than a year ago, figures show......
Energy bill rises 'not enough'
Proposed increases in energy bills to pay for more investment in the UK's gas and electricity networks are insufficient, National Grid says......
US retail sales fall back again
US consumers cut back on retail spending in June, official figures have shown, raising worries over the strength of the economy......
Citigroup profits fall to $2.9bn
Citigroup, the US banking giant, has reported a 12% fall in net income to $2.9bn (1.9bn) for the second quarter of 2012......
UK faces 'crisis' in innovation
The UK has experienced a "lost decade" of investment in innovation, according to a report by research fund Nesta......
Normal service at Ulster Bank
Ulster Bank says normal service has been restored to the majority of its customers......
'Indian summer' for UK economy
The UK economy should see a return to growth in the coming months after a poor first half of the year, says a leading forecaster......
New delay at Finland nuclear site
The launch of a flagship nuclear power station in Finland is delayed for a third time, Finnish electricity company TVO says......
Home sellers 'drop asking prices'
The asking prices for homes being put up for sale fell by 1.7% this month, says the property website Rightmove......
Indian inflation slows in June
India's wholesale prices rose at a slower-than-expected 7.25% in June, according to official government data, due largely to falling oil prices......
HSBC seeks Occupy eviction in HK
HSBC asks a court in Hong Kong to let it evict protesters at its Asian headquarters who have been there for nine months......
Parents 'priced out of day trips'
Children in poor and middle-income families are facing a summer "stuck at home" as they cut back on days out and leisure activities, a charity says......
US man reunited with stolen car
A US man recovers a 1967 Austin-Healy he spotted being sold on eBay 42 years after thieves stole the car from him......
Libor scandal 'to hit more banks'
Barclays warns its own staff that the Libor scandal will envelop other banks and "put in perspective" the bank's own culpability......
9bn rail scheme funding unveiled
A 9.4bn package of investment in the railways in England and Wales, including 4.2bn of new schemes, is unveiled by the government......
Blackberry firm loses patent case
Blackberry maker Research in Motion is ordered to pay $147m in damages after losing a patents infringement case......
ZTE stock falls to three-year low
Shares in ZTE, China's second-biggest telecoms equipment maker, fall 17% after it warns that half-year profits could drop by up to 80%......
Kingfisher says flights to resume
India's Kingfisher Airlines says all its flights will operate as scheduled, after about 40 flights were cancelled because of work stoppages......
Leeds wait for police cost ruling
Judgement is reserved in a High Court dispute over payment for policing Leeds United's stadium on match days......
VIDEO: Power upgrade to add 15 to bills
Upgrading the National Grid will add 7 to bills next year, rising to an extra 15 by 2021, the energy regulator has announced......
VIDEO: Changing prices in mobile contracts
Clare Francis from MoneySupermarket discusses the way that monthly tariffs can change during the course of a long-term mobile phone contract......
VIDEO: IMF downgrades UK growth forecast
The IMF has downgraded its forecast for the UK's economic growth for 2012 to 0.2%, down from its previous estimate of 0.8%......
VIDEO: Ex-Barclays exec gives evidence to MPs
A former Barclays executive has told MPs he was instructed by his then boss, Bob Diamond, to cut the bank's Libor interest rate submissions......
VIDEO: Price of farm land at record high
The price of farmland has more than doubled in recent years, according to the latest figures......
Is the housing market grinding to a halt?
Why the housing market is so depressed.....
Could debt relief ease euro woes?
Could Africa-style debt relief be answer to euro woes?.....
Eurozone holidays: Your questions answered
Questions and answers about the currency crisis.....
How big could the Libor scandal get?
How big could the Libor scandal get?.....
High Street brands head East
Europe's mass market brands hope for luxury's success in China.....
LIGHTNING ROUND: Google trumps Microsoft, LinkedIn trumps FB
July 16 - StockTwits CEO Howard Lindzon says Google is a better tech play than Microsoft and LinkedIn will outperform Facebook in the long term......
Mercedes-Benz pours investment into compact cars
Daimler will invest another $600m in a German car plant to meet demand for its line of compact Mercedes-Benz cars......
Ex-Barclays boss gets a grilling from MPs
July 16 - Former chief operating officer of Barclays, Jerry del Missier, has appeared before a House of Commons Treasury Select Committee to answer questions as part of a probe into the Libor interest rate rigging scandal. Ciara Sutton reports......
Teenage flash of inspiration helps lions, livestock coexist
July 16 - A teenage Masai inventor has come up with an inexpensive way to keep livestock safe from lions without having to kill the lions in the process. Thirteen-year-old Richard Turere has devised a system of flashing lights which scares the predat.....
GSK clinches deal to buy Human Genome
July 16 - GlaxoSmithKline is to acquire its long-time partner Human Genome Sciences for about $3 billion, ending a three-month hostile pursuit of the U.S. biotech company on friendly terms after sweetening its offer. Andrew Potter reports......
Trading at Noon: Traders turn to biotech stocks
July 16 - Following GSK's deal with Human Genome Sciences, investors are focusing on biotech......
Breakingviews: Libors Al Capone moment
July 16 - Richard Beales and Breakingviews columnists discuss whether Libor is the scandal that will see bankers jailed or banks nailed and whether that would deter shady practices in the future......
Nicotine vaccine could be breath of fresh air for smokers
July 16 - Scientists are developing a nicotine vaccine that, with just one injection, will prevent the pleasure-triggering chemicals in tobacco from ever reaching the brain. The vaccine is still being tested in the lab, but researchers are hopeful th.....
Europe Day Ahead: World watches Bernanke
July 16 - A look at Tuesday's key events including Fed Chairman Ben Bernanke's testimony to Congress, German investor morale, Goldman Sachs earnings and Kofi Annan's visit to Moscow......
GSK clinches $3.6 bln Human Genome deal
July 16 - The shadow of job losses looms following GlaxoSmithKline's announcement that it will acquire Human Genome Sciences Inc for $14.25 a share as big pharmas' race for biotech companies heats up......
3XSQ: Citigroup makes market smile
July 16 - Citigroup profit declines but the bank sees record revenue in transaction services......
Euro crisis watch: ECB no comment on Spanish haircut report
July 16 - ECB declines to comment on a report that it wanted to impose losses on holders of bonds issued by some of Spain's most indebted banks.....
London remembers its taste for gin
July 16 - London hosted the gin craze in the 18th century - now the city is again home to several gin producers, like Ian Hart. After the financial crisis he packed life in the city to distill his own brand of the spirit. Joanna Partridge reports......
Market Pulse: Olympic security shambles hammers G4S
July 16 - Shares in G4S down 10% in the busiest day of trading this year, as the Olympics security contract fiasco takes its toll. There's no relief for Barclays, and GSK gears up for $2.8 bln takeover......
Breakingviews: Who will watch the Bank of England?
July 16 - Who will be Kings successor when he steps down? And how will the new governor be made accountable? These questions have been brought into sharp relief by the Libor scandal argues Hugo Dixon......
Breakingviews: No quick fix for G4S
July 16 - G4S chairman has said the CEO may have to go after the Olympic fiasco, but this wont be a quick fix. What the company needs is a complete reputation makeover say Breakingviews......
China telecoms giant gets FBI wake-up call
July 16 - China's ZTE has flourished by supplying telecoms gear to emerging markets, but an FBI probe into a deal with Iran could jeopardise its global business just as the battle for market share heats up......
Reuters Today: IMF seen downgrading global economic outlook
July 16 - The IMF is expected to cut its growth forecast for 2012 when publishing its World Economic Outlook later today......
U.S. Morning Call: A hostile drug deal may end well
July 16 - GlaxoSmithKline is expected to announce a deal to buy Human Genome Sciences after a 3-month long hostile takeover battle......
Inventor turns plastic trash into liquid gold
July 15 - A Filipino inventor has found a way to turn plastic waste into fuel for vehicles. Jayme Navarro is not claiming to have invented the process but he says, in the Philippines where landfills are the size of large hills, it's a practical solut.....
Debt crisis: Moodys downgrades 13 Italian banks
Moody's cut its rating for 13 Italian banks this evening, citing the weakened borrower standing of the Italian government after its credit grade was downgraded last week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
US recession fears as retail sales fall
US retail sales fell in June, marking the first time they have declined for three straight months since the height of the financial crisis in late 2008.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2167b3d4/mf......
Barclays Third Man shows clean pair of heels as MPs bicker
In The Third Man, Graham Greene gave us Harry Lime emerging from the sewers of Vienna to answer questions about the illegal trade in medicines.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2167b3d7/mf.gif' bord.....
Libor scandal: how the events have unfolded
We take a look at the key events of the last month in the Libor scandal.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2167a13c/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/.....
Libor scandal: We slipped up on rate fixing, admits FSA
The Financial Services Authority has admitted there are "legitimate questions" to be asked about its failure to spot Libor rigging by the banks in the build-up to the financial crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Libor scandal: Diamond gave fix order, says former right-hand man
Bob Diamond was rounded on by his former right-hand-man Jerry del Missier and three top City regulators as he was accused of giving a direct instruction to lower Libor rates.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
It'll take a while to see if Nick Buckles weathers the storm
There's a regular sweepstake held at G4S. Ahead of the release of major market-moving news, the security company's executives have a little bet on how the group's share price is going to react. I wonder if they still play when the chief executive's j.....
Libor scandal: Jerry del Missier and Adair Turner at TSC: as it happened - July 16, 2012
Former Barclays COO Jerry del Missier tells TSC that Bob Diamond told him to submit artificially low Libor rates on what he believed were the Bank of England's instructions, as FSA executives also face MPs.<img width='1' height='1' src='http://tel.....
World economy heads for another perfect storm
The International Monetary Fund's latest "World Economic Outlook" makes for chilling reading. A perfect storm in which all parts of the world economy go down together seems fast to be gestating somewhere out in the mid-Atlantic.<img width='1' heig.....
Tullow Oil retreates as it plugs Guyanan well
Tullow Oil was in the doldrums after the oil exploration gorup plugged and abandoned a well expected to have the potential to open up a new oil frontier in South America.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Shell abandons race for Cove, paving way for 1.22bn PTT sale
Royal Dutch Shell has shocked investors by effectively pulling out of the race for Cove Energy, clearing that way for rival bidder PTT Exploration and Production to win the day.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Banks bid for Cinven's 1bn Partnership IPO
Private equity firm Cinven has held a selection process for investment banks to oversee the 1bn flotation of its pension company Partnership Assurance.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21662273/mf.g.....
Olympics staffing crisis wipes 340m off value of G4S in one day
The Olympics staffing crisis on Monday wiped 340m off the value of stricken security giant G4S, as the City slashed expectations for the company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/216664aa/mf.gif' bo.....
Debt crisis: as it happened - July 16, 2012
The IMF said Britain's growth prospects have dropped sharply over the past three months as the eurozone crisis weighs on recovery, while the top German court says it will only rule on the ESM and fiscal pact in September.<img width='1' height='1' .....
Libor scandal: move 'seemed appropriate', says Jerry del Missier
A former Barclays director who told staff to lower their Libor submissions in the midst of the financial crisis following a misunderstanding with the Bank of England today said the move seemed "appropriate".<img width='1' height='1' src='http://te.....
Ryanair in bid to thwart UK probe into Aer Lingus stake
Ryanair has made an opportunistic move to quash the UK Competition Commission's investigation into its 29.8pc stake in Aer Lingus.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2165bd53/mf.gif' border='0'/>&l.....
Debt crisis: live
The IMF said Britain's growth prospects have dropped sharply over the past three months as the eurozone crisis weighs on recovery, while the top German court says it will only rule on the ESM and fiscal pact in September.<img width='1' height='1' .....
Libor scandal: Former Barclays COO Jerry del Missier at TSC: live
Former Barclays COO Jerry del Missier is giving evidence to the Treasury Select Committee, in what could be an embarrasing day for his former employer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21656a78/mf.g.....
Government 'should issue a pensions health warning'
Millions of people are sleep walking into a financially deprived old age because of lack of savings.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21656a79/mf.gif' border='0'/><br/><br/><a href.....
BBC sells TV Centre to Stanhope for 200m
Complex in London sold for about 200m as company cuts costs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21646624/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1392626081.....
Glaxo seals Human Genome takeover with raised offer
GSK reaches an agreement to buy Human Genome Sciences, its partner on an immune system disease medicine, after raising its cash offer to $14.52 a share or $3.6bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21.....
IMF slashes UK growth forecasts
Britain's growth prospects have dropped sharply over the past three months, according to the International Monetary Fund as the eurozone crisis weighs on recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Relax austerity to boost growth, urges Capital Economics
The Government should relax its strict austerity programme and borrow more to boost growth, Capital Economics, one of the country's top forecasters, has urged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2164e.....
Relax austerity to boost growth, forecaster urges
The Government should relax its strict austerity programme and borrow more to boost growth, Capital Economics, one of the country's top forecasters, has urged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2164a.....
Citigroup profits slump 12pc but still beat estimates
Citigroup profits fell 12pc in the second quarter but still beat analyst estimates, hit a $424m loss the bank took from selling its 10pc stake in Turkey's Akbank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21.....
