Tesco Bank will offer mortgages
The supermarket group Tesco is to start offering mortgages via its Tesco Bank, which will accrue Clubcard points......
UK banks 'detached from society'
Banks became "detached from society" and still need to reconnect with their customers, the chief executive of Royal Bank of Scotland admits......
US economy adds 163,000 new jobs
The US economy adds 163,000 workers in July, according to official figures, but the unemployment rate inches up from 8.2% to 8.3%......
Serbia law reins in central bank
Serbia's parliament adopts a new central bank law criticised by the EU and IMF, who say it strips away the bank's independence......
BA and Iberia group reports loss
The parent group of British Airways and Iberia reports a 390m euro ($476m; 306m) interim loss and warns of job losses......
Fuel costs drag Virgin into loss
Virgin Atlantic has reported an annual loss in the face of higher fuel prices, which it said had risen by one third......
Rajoy considers bailout options
Spain's implied cost of borrowing remains above 7% as Prime Minister Mariano Rajoy submits his budget plans to the European Commission......
Samsung rebuked by patent judge
South Korean tech firm Samsung to face "consequences" for publicising evidence banned from its patent trial versus Apple......
Haywire trader's shares stabilise
Shares in Knight Capital stabilise after falling by three-quarters following an IT glitch that caused its trading to go haywire......
Heineken seal Tiger Beer purchase
Dutch brewery business Heineken has secured a deal to acquire Asia Pacific Breweries and related assets owned by its parent company, in a deal worth $5.1bn (3.27bn).....
Company insolvencies still rising
The number of firms going into insolvency in England and Wales continued to rise in the second quarter of the year, official figures show......
Service sector 'slows in July'
The rate of output in the UK's services sector unexpectedly slowed in July, according to a survey......
Eurozone companies 'weak in July'
The eurozone's manufacturing and service sectors both shrank in July, according to an influential survey......
Toyota reports surge in profits
Toyota's profits surge in the first quarter boosted by strong sales in Japan and the US and a recovery from last year's natural disasters......
Sharp shares slump as losses grow
Shares in Japanese television maker Sharp drop 30% after it warns that losses this year will be eight times bigger than first thought......
BHP in $3.3bn writedown on assets
Miner BHP Billiton announces writedowns in shale gas and nickel assets of $3.3bn (2.1bn) and says its chief executive will forgo his 2012 bonus......
US resists losing control of net
The United States signals it would resist any effort to pass control of the internet from US bodies to a UN agency......
RBS to pay 125m for IT glitch
Royal Bank of Scotland has reported a half-year loss of 1.5bn and is putting aside 125m to pay compensation for the recent breakdown of its IT systems......
JAL to raise $8.5bn in re-listing
Japan Airlines is planning a share sale two years after it received a government-backed bailout in one of Japan's biggest bankruptcies......
VIDEO: Mixed jobs report for US economy
The US unemployment rate rose from 8.2% to 8.3% last month, as more people re-entered the workforce but failed to find a job......
VIDEO: RBS 'has way to go' on bank glitch
RBS boss Stephen Hester has once again apologised for last month's computer meltdown.....
AUDIO: Did Draghi make the markets tumble?
The chief economist at brokers World First told 5 live what he made of the markets tumbling after Mario Draghi's speech......
Payroll pay day on Wall Street
Aug 3 - Summary of business headlines: Stocks surge 2 percent after U.S. hiring picks-up in July; Some Knight Capital customers return as possible buyers lurk; Procter & Gamble beats, Boeing beats Airbus again. Conway G. Gittens reports......
Retraining the long-term unemployed
Aug 3 - A private-public partnership in Connecticut, geared towards getting the long-term unemployed back to work, is sparking interest in job hunters, and hiring managers with a success rate of 71 percent. Jill Bennett reports,.....
U.S. Week Ahead: Knight Capital searches for white knight
Aug 3 - Come Monday Knight Capital may be back to square one; looking for cash to make up for its $440 million trading glitch......
Wealth Strategies: Retail investor doesn't trust the markets
Aug. 3 - The latest trading glitch at Knight Capital, coupled with other recent market malfunctions, has resulted in a hit to investor confidence and could results in immediate outflows from equity ETFs......
Reasons to still worry about jobs
Aug. 3 - The U.S. economy surprisingly added 163,000 jobs in July, the strongest payroll gain in five months, but a rise in the unemployment rate to 8.3 percent is only one reason to remain concerned about the labor market. Conway G. Gittens reports......
Obama says too many still jobless; Romney takes aim
Aug. 3 - President Barack Obama welcomes job data showing employers kept hiring in July, while Republican presidential hopeful Mitt Romney uses a campaign stop to take aim the president's record. Deborah Lutterbeck reports......
Trading at Noon: U.S. stocks rally; banks lead the surge
Aug 3 - Wall Street is moving higher after 4 days of losses, with Morgan Stanley up almost 6 percent......
Poor factory figures heighten euro zone worries
Aug. 3 - More misery for euro zone companies as a sharp drop in new orders in July forced them to cut staff. Joanna Partridge reports......
Breakingviews: The next $10 bln LBO?
Aug 3 - Richard Beales and Breakingviews columnists discuss a possible $10 billion-plus leveraged buyout of Laboratory Corporation of America, which would be the biggest since before the crisis......
Wealth Strategies: Jobs report obscures deeper problems
Aug 3 - Loomis Sayles vice chairman Dan Fuss says that, despite the better-than-expected July jobs report, there is still a skill mismatch in the U.S. employment market and further stimulus won't help that......
Europe Week Ahead: German debt auction, miners in focus
Aug. 3 - Germany holds a debt auction on Wednesday, while the Bank of England will release its inflation report and miners Xstrata and Rio Tinto will release their earnings reports......
Is speed killing the Street?
Aug 3 - Expect trading glitches to be the new normal says TABB Group Partner Alexander Tabb......
3XSQ: Nonfarm payrolls up, but jobless rate rises to 8.3%
Aug 3 - Employers in July hired the most workers in five months, but an increase in the jobless rate to 8.3% muddled the near-term outlook......
Saft Says: Good U.S. jobs report muddles ECB plans
Columnist James Saft says the good U.S. jobs report actually slows ECB action on economy. Saft adds, U.S. is not on brink of recession but jobs market is healing really slowly......
Market Pulse: What's Moving Today And Why
Insider has its finger on the market pulse, analyzing and making sense of the biggest movers of the day......
Young Greeks go back to the land
Aug. 3 - Greeks fed up with their country's economic woes have set up an eco community on the island of Evia, where they plan to build a school of sustainable living. Joanne Nicholson reports......
Week Ahead for GSAM - 03.08.12
GSAM team......
Reuters Breakingviews: Europe's situation not all bad
Breakingviews Assistant Editor, Peter Thal Larsen......
Reuters Today: Top Stories and Analysis
Aug. 3 - A look at the early action in the European markets and the days hot stocks, as well as a final wrap-up of Asia trading......
Asia Week Ahead: The smartphone skirmish persists down under
Breakingviews strategist Wayne Arnold, alongside the ongoing clash of the titans, Apple and Samsung......
Ministry of Sound chairman, James Palumbo: why Universal's deal for EMI is good for the music industry
The deal to sell EMI promises to rebuild the record company, but the infighting over the sale is in danger of distracting everyone from finding a viable future for the label.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
EC stalls on 1.2bn EMI sale to Universal
Regulators have questioned whether Universal is proposing to sell off enough of its US back catalogue, including rights to music of Rihanna, in a move which could fatally undermine its move to buy EMI for 1.2bn.<img width='1' height='1' src='http:.....
Foxtons' founder hunts for new market with offices 'like hotels'
Jon Hunt, the founder of estate agent Foxtons, has launched a luxury serviced office business as his latest venture.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220e0853/mf.gif' border='0'/><br/><b.....
Banks see M&S as bid target after shares fall
Bankers at a number of London institutions are looking at Marks & Spencer as a potential 6bn bid target as the retailer's shares have slipped almost 50pc since their highs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
M&S share price drop opens door to future offer
With Marks & Spencer's shares on the wane, it is perhaps unsurprising that financiers have started to wonder if the retailer could be open to some form of third party offer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Anya Hindmarch wraps up 30m deal
Anya Hindmarch, the luxury handbag company, has been sold to a Middle East investor in a private deal thought to value it in the region of 20 to 30m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220e085b/mf.gif.....
Coca-Cola chief: our Olympic critics are wrong
The chief executive of Coca-Cola has defended the role of Olympic sponsors, saying that without them the Games would not be anything like as rich an event.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220de828/.....
Malmaison owner faces deal inquiry
City regulators are to investigate how a major stake in hotel and property company MWB changed hands more than 18 months ago without the market being updated about the move.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
Chancellor urges maximum proceeds from rail franchise bids or risk high-speed line
The Chancellor has told transport ministers to maximise proceeds from rail franchise bids or put at risk the planned 32bn high-speed line to Birmingham and the North.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
London 2012: Who is picking up the bill?
The 11 worldwide Olympic sponsors generated $957m between 2009 and 2012, accounting for more than 40pc of Games revenues.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220de82e/mf.gif' border='0'/><br/>.....
Circle demands more NHS contracts
Circle Holdings, the only private company running an NHS hospital, wants to run many more and become a large outsourcing provider, its chief executive has declared.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Coca-Cola chief: 'The Olympics needs sponsors to flourish'
In a rare interview, Muhtar Kent, Coca-Cola chief executive, explains why the Games' backers deserve credit and outlines his company's future plans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220de830/mf.gif'.....
Can Xstrata survive Glencore's bear hug?
With mining giant Xstrata set to reveal falling profits this week, questions are being asked whether its mega-deal with Glencore will ever happen.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220de832/mf.gif' b.....
Glencore offer for Xstrata 'must be raised'
A key shareholder in Xstrata will demand that commodity trader Glencore raises its offer for the FTSE 100 miner despite the company reporting its interim profits have halved this week.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Glencore offer 'must be raised'
A key shareholder in Xstrata will demand that Glencore raises its offer for the FTSE 100 miner despite the company reporting its profits have halved this week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220de.....
WorldSpreads creditors in bid to recoup cash
The creditors of WorldSpreads are set to pursue the former directors and advisers to recoup some of the money from the failed spread betting company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220e419a/mf.gif.....
David Cameron should learn lesson of Circle
After the mess of G4S, Circle health is the type of company David Cameron should be encouraging .<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220de47d/mf.gif' border='0'/><br/><br/><a href="h.....
Bank to say economy is at standstill
The Bank of England is poised to sharply downgrade growth and inflation forecasts amid a weak economy hit by the eurozone crisis and slowing domestic demand.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220de47.....
Ali Parsa: Government should not be running hospitals
After turning around one of Britain's worst-performing hospitals, Circle Holdings chief executive, Ali Parsa, explains why the NHS needs more private-sector involvement .<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Threat to Richard Branson's train empire
Virgin's presence on Britain's rail network could be derailed as FirstGroup offers 1bn more for the West Coast franchise.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220de480/mf.gif' border='0'/><br/>.....
Festival of Business: Time for a new breed of bank
With high street lenders struggling, now is the perfect time to launch a boutique service.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220dabe6/mf.gif' border='0'/><br/><br/><a href="http://d.....
Space start-up Avanti hopes for LSE launch
As Avanti's satellite providing broadband services blasts into space, the Aim-listed business is eyeing a a listing on the main market of the London Stock Exchange.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Why the 'long, painful correction' is nowhere near over
Rate cuts that began in August 2007 won't be reversed any time soon.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220da78b/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/13.....
Andrew Sentance: Fall in inflation offers brief moment of respite
Has the Bank of England got inflation under control over the longer term? The jury is out on that, and the evidence is not encouraging.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220cc829/mf.gif' border='0'/&.....
Ian Dormer: The Olympics have shown Britain is a 'can-do' nation
Ian Dormer: The Olympic volunteers' great attitude is doing wonders for our national brand.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/220cc82a/mf.gif' border='0'/><br/><br/><a href="http://.....
