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.....
Eurozone woes prompt Apax to offer 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.....
HSBC was used by 'drug kingpins'
The head of HSBC has apologised at a US Senate committee hearing which heard that HSBC provided a conduit for "drug kingpins and rogue nations"......
UK inflation rate falls to 2.4%
Prices in the UK are rising at their slowest rate since the end of 2009, official figures have shown, due to falling food, fuel and clothing prices......
King criticises Barclays' board
Barclays bank sailed "close to the wind" too often, the governor of the Bank of England tells MPs on the Treasury Select Committee......
Intel warns of slowing economy
The world's largest maker of computer chips, Intel, says the weak economy will mean its next profits will miss forecasts......
Online push for benefit claims
Claimants of a new universal benefit will be pushed to complete forms online when the new system starts next year......
Profits fall at Goldman Sachs
US bank Goldman Sachs says its net profits halved in the second quarter compared with the first quarter, blaming deteriorating market conditions......
Branson eyes up Virgin Records
Sir Richard Branson is considering buying back Virgin Records, the music company he founded more than 40 years ago......
Bernanke says Libor system flawed
The Libor system, which sets inter-bank lending rates, is "structurally flawed", says Ben Bernanke, the chairman of the US central bank......
Sicily may default, says Italy PM
Italian PM Mario Monti says the region of Sicily could default on its debts, and he is seeking confirmation that the governor will resign......
Microsoft in EU anti-trust probe
Microsoft is accused of failing to provide an alternative choice of browser to up to 28 million customers......
G4S boss regrets Olympic contract
G4S chief executive Nick Buckles tells MPs he regrets taking on the Olympics security contract, agreeing it has been a "humiliating shambles"......
Pension provision 'still falling'
Membership of company and private pension schemes is continuing to decline, figures from the Office for National Statistics show......
Dairy Crest sees sales rise 15%
One of the UK's largest dairy processors, Dairy Crest, which is cutting the price it pays farmers for milk, reports a 15% rise in first quarter sales......
Samsung buys UK wi-fi chip unit
Cambridge-based CSR's mobile device chip division is acquired by the South Korean tech giant......
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......
Shell urged to pay Nigeria $5bn
Nigeria's oil regulator asks Shell to pay $5bn ( 3.2bn) over a spill off the country's southern coast last December......
Mutuals 'feel let down by banks'
The chairman of the trade body for building societies says he feels let down by bosses of scandal-hit banks......
House prices 'unchanged in May'
House prices were unchanged on average across the UK in May at 228,000, according to the Office for National Statistics.....
Man Utd is 'most valuable club'
Premier League football club Manchester United is the world's most valuable sports club says US business magazine Forbes......
Hotel offers cash on rainy days
A hotel owner in Bournemouth resorts to paying guests 10 for every day it rains on their holiday......
New warning about online fraud
New research suggests 12 million pieces of personal information were traded online by fraudsters between January and April this year......
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......
Foreign investment in China slows
Foreign direct investment into China fell in June as an economic slowdown dampened companies' appetite for expansion......
Global recovery 'still at risk'
The global economic recovery is still at risk and eurozone economies remain in a "precarious" situation, the International Monetary Fund warns......
China 'monopoly' on payment cards
The World Trade Organisation rules that China discriminates against foreign credit-card and debit-card providers......
Rio Tinto reports record output
The world's second biggest mining group, Rio Tinto, reports record production of iron ore and coking coal in the first half of the year......
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......
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......
2012 football tickets withdrawn
Half a million Olympic football tickets are being withdrawn from sale but 200,000 for other sports are to be made available......
Doncaster wary over 16-team SPL
Chief executive Neil Doncaster remains sceptical on a 16-team SPL but says clubs are committed to reconstruction......
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: Bank scandal crosses the Atlantic
Federal Reserve Chairman Ben Bernanke will deliver his "Monetary Policy Report to Congress" on Tuesday......
VIDEO: Taxis protest over Olympic lanes
Hundreds of black cabs bring the centre of London to a standstill in a protest over Olympic traffic lanes......
VIDEO: UK inflation rate falls to 2.4%
Prices in the UK are rising at their slowest rate since the end of 2009, official figures have shown......
VIDEO: Yahoo appoints Google exec as new CEO
Technology firm Yahoo has appointed leading Google executive Marissa Mayer as its next chief executive......
VIDEO: HSBC 'used for money laundering'
A US Senate probe has disclosed how lax controls at Europe's largest bank left it vulnerable to being used to launder dirty money from around the world......
VIDEO: 'No reason to suspect Libor fixing'
Sir Mervyn King tells MPs there was no evidence of Libor rates being fixed until the scandal first emerged two-weeks ago......
AUDIO: Are Olympic branding rules too tight?
Liberty's Shami Chakrabarti says there needs to be some proportionality in the way the law is enforced. But former sports minister Richard Caborn believes the rules are working well......
AUDIO: A quick guide to new bank regulation
Professor Kern Alexander explains the changes set to come to UK bank rules.....
Yahoo: Marissa Mayer's challenges
New chief Marissa Mayer's challenges.....
Q&A: World food and fuel prices
What's affecting the cost of food and fuel.....
African start-ups make location pay its way
Meet the African firms making location tech pay.....
GM: Speed bump ahead
GM considers difficult options for its European arm.....
Frank by name, frank by nature
Barney Frank on why his Dodd-Frank act makes Wall St cleaner.....
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?.....
U.S. Day Ahead: BofA could be a rare ray of light
July 17 - Bank of America reports earnings, Bernanke is back on Capitol Hill and housing starts could show signs of more healing in the real estate market......
Report: HSBC "allowed money laundering"
July 17 - HSBC's head of compliance will step aside after a U.S. Senate report said the bank had routinely acted as a financier to clients moving funds from the world's most dangerous corners, including Mexico, Iran and Syria. Andrew Potter reports......
Goldman to slash high earners
July 17 - Goldman Sachs to cut some senior staff after reporting earnings that beat forecasts despite a 12% drop in net income. Sasha Salama reports......
Trading at Noon: Markets swing as Bernanke speaks
July 17 - U.S. stocks tanked to session lows on lack of clues on more stimulus from Fed Chairman Ben Bernanke......
Breakingviews: Goldmans fine line
July 17-Richard Beales and Antony Currie discuss why Goldman Sachs will need all its expertise to balance pay and returns after reporting a second-quarter return on equity running at just 5.4 percent......
King says Barclays board "in denial"
July 17 - Bank of England Governor Mervyn King told UK lawmakers that Barclays was in such denial about the gravity of an interest rate rigging scandal, that he was forced to tell the bank that regulators had lost confidence in Bob Diamond as chief e.....
Europe Day Ahead: Bank of England Minutes
July 17 - A look at Wednesday's key events, including minutes from the Bank of England, and the second day of Ben Bernanke's testimony to Congress......
3XSQ: Goldman beats, J&J warns
July 17 - Goldman Sachs second-quarter profit falls 12 percent, and Johnson & Johnson cuts its full-year 2012 profit forecast......
Shares edge higher ahead of Fed's Bernanke
July 17 - Global shares and the euro edged up on Tuesday as investors speculated that Federal Reserve Chairman Ben Bernanke would hint at more monetary stimulus later in the day. Jamie McGeever reports......
Market Pulse: QE3 from Fed no panacea for the euro
July 17 - Any hint at more stimulus from Fed chief Ben Bernanke today won't give the euro a lasting boost. Plus, bond markets support sterling and beware BOJ at 78 yen......
Breakingviews: A Libor boycott could happen
July 17 - The Barclays scandal has highlighted the legal risk of submitting rates for Libor and banks could choose to boycott. Regulators need to set out the direction for reform urgently say Breakingviews......
Reuters Today: Bernanke faces grilling on QE3...and Libor
July 17 - Fed chief Ben Bernanke faces U.S. lawmakers. On top of the questions he will face on further stimulus to revive the flagging economy, he will likely be asked what he knew about the Libor scandal......
Decoder: Trouble brewing in the South China Sea
July 17 - A turf war brewing in Asia's South China Sea risks creating a geopolitical flashpoint as the U.S. and smaller countries seek to check China's rising influence......
U.S. Morning Call: Yahoo seeks fresh start with new CEO
July 17 - Google's employee number 20, Marissa Mayer, moves into the CEO job at Yahoo......
Yahoo's surprising CEO pick
July 16 - Summary of business headlines: Yahoo snags Google exec as CEO; Citi's earnings surprise; Glaxo's $3b deal; IMF slashes global forecast; Microsoft unveils revamped Office. Bobbi Rebell reports......
U.S. puts brakes on hiring
July 16 - U.S. companies scale back hiring plans as European crisis hurts revenues. Sasha Salama reports......
Mayer to bring glamour and expertise to Yahoo! as new CEO
Technology Correspondent Gerry Shih says she is one of the most charismatic executives in Silicon Valley......
U.S. Day Ahead: Investors say yippee for new Yahoo! CEO
July 16 - Keep an eye on Yahoo! stock in the morning as investors digest news that former Google exec Marissa Mayer is now the company's new boss. The company is up in after hours......
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......
Yahoo! posts flat revenue in second quarter
Yahoo! reported flat net revenue and a slight decline in profit during the second quarter tonight, after looking to revive its fortunes with Monday's hiring of a new chief executive from Google.<img width='1' height='1' src='http://telegraph.feeds.....
HSBC boss quits for failing to stop money laundering
Lender forced to apologise before US Senate - and saw its compliance chief quit - for failing to stop a multi-billion-dollar laundering operation for drug gangs and terrorists.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Barclays hoped to 'tough it out' and retain Bob Diamond as chief executive
Barclays chose not to remove former chief executive Bob Diamond in the immediate aftermath of the Libor scandal because the board was hoping to "tough it out" and had failed to realise his reputation was holed "below the water", Britain's regulators .....
Barclays hoped to 'tought it out' and retain Bob Diamond as chief executive
Barclays chose not to remove former chief executive Bob Diamond in the immediate aftermath of the Libor scandal because the board was hoping to "tough it out" and had failed to realise his reputation was holed "below the water", Britain's regulators .....
Homeserve knocks back private equity approach
Homeserve, the FTSE 250 home repair and insurance company, has been approached by private equity buyers looking to bid up to 1bn to take the company private.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21710fe.....
Shell faces $5bn fine over Nigeria Bonga oil spill
Nigerian regulators have told parliament that Royal Dutch Shell should be fined $5bn (3.2bn) for environmental damage caused by an oil spill at its offshore Bonga field, one of the biggest in the history of Africa's largest energy industry.<img wi.....
Fund managers expect more trouble in Germany
Fund managers from across the world have begun to doubt Germany's ability to withstand further shocks from the region's debt crisis, registering a stark change in view since the late spring.<img width='1' height='1' src='http://telegraph.feedsport.....
Ben Bernanke gives no hint of further US Fed stimulus
Federal Reserve chairman Ben Bernanke stopped short of promising fresh stimulus for the US economy even after admitting its performance is "disappointing."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21706c01/.....
Guardian to cut staff as losses widen
The publisher of The Guardian and Observer newspapers is to axe up to 100 editorial jobs after its operating losses widened from 31.1m to 44.2m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21706c04/mf.gif' bor.....
Libor emails reveal cosy relationship between Tucker and Diamond
The cosy relationship between Paul Tucker, the Bank of England's deputy governor, and former Barclays chief executive Bob Diamond has been exposed by private emails between the pair.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Google's Marissa Mayer has her work cut out at Yahoo!
When Google hired its first female engineer, she was asked what three things she would change about the web search company. Marissa Mayer was so impressed with how it already worked, she could only think of two.<img width='1' height='1' src='http:.....
Google's Merissa Mayer has her work cut out at Yahoo!
When Google hired its first female engineer, she was asked what three things she would change about the web search company. Merissa Mayer was so impressed with how it already worked, she could only think of two.<img width='1' height='1' src='http:.....
Libor scandal highlights the need to ask 'Who will guard the guards?'
George Osborne will have mixed feelings in the morning. It's always nice to be proved right; it's not so good when it means you've got a whole lot more work to do.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
UK regulators 'in denial' over Libor rigging, MPs claim
Britain's regulators were "in denial" about widespread Libor rigging by banks in the build up to the financial crisis and frustrated US efforts to crack down on the problem, MPs said.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Lamprell contract wins respite for shares
There was some consolation for investors in beleaguered oil rig engineer Lamprell today after the group revealed a contract win which gave a lift to the stock.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/21701.....
Debt crisis: as it happened - July 17, 2012
Ben Bernanke, the Fed chairman, said the US economy had slowed significantly due to the eurozone crisis, as reports suggested that Greece will seek a bridging loan to September.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Samsung pays 198m for CSR's mobile-chip division
Shares in chip maker CSR leapt by a third after Samsung Electronics agreed to buy its mobile phone division for $310m (198m).<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/216ffb7a/mf.gif' border='0'/><br/.....
Debt crisis: live
Ben Bernanke, the Fed chairman, said the US economy had slowed significantly due to the eurozone crisis and uncertainty over US fiscal policy as lack of details over more stimulus unsettled markets.<img width='1' height='1' src='http://telegraph.f.....
Inflation falls unexpectedly in June as sales come early
The inflation rate fell unexpectedly during June, providing a rare boost for consumers after a slump caused by wet weather drove record clothing discounts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/216f6c4d/.....
UK needs a U-turn to stop slide into skid row
It is time for David Cameron and George Osborne to face the unpalatable truth: the Coalition is failing badly on the economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/216f6c4f/mf.gif' border='0'/>.....
Universal to sell three record labels to clear 1.2bn EMI deal
Universal Music could sell three EMI labels including Virgin Records as its seeks to push its takeover of the group past European Commission regulators.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/216f660c/mf......
La dolce vita not so sweet amid rising poverty
Life is no longer so sweet in the land of "la dolce vita", with a report finding that more than 11pc of Italian families now live in relative poverty.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/216f37dd/mf.gi.....
Debt crisis: unemployment in Portugal is 'number one' concern
Portugal may have its 2012 deficit target relaxed if the country's economy continues to weaken, the International Monetary Fund has suggested, as the fund highlighted an alarming rise in unemployment during the first three months of the year.<img .....
Lending to small business "not in great shape", says Cable
Bank lending to small businesses is "not in great shape", Vince Cable has admitted as he revealed 13,000 companies had applied for loans under a government scheme.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Bank lending to small businses is "not in great shape", says Cable
Bank lending to small businesses is "not in great shape", Vince Cable has admitted as he revealed 13,000 companies had applied for loans under a government scheme.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
