Fresh claims in Goldman negligence case
Vervoer alleges GSAM knowingly put it into sub-prime securities while bank prop desk shorted the market.....
Buyout industry blasts new takeover plan
Buyout firms have criticised the latest proposals from the UK Takeover Panel, claiming they could make it even more difficult to make bids for listed companies.....
Fund managers make infrastructure debt push
Firms are targeting $10bn in unlisted infrastructure debt funds this year, more than double what was raised in 2011.....
Zaoui and Zaoui create new firm
Brothers Michael and Yoel Zaoui, two of the most successful investment bankers of the past decade, have founded a new company.....
Industry raises fresh fears over moral hazard of clearing houses
Risk experts have warned that clearing houses must put their own financial resources at risk to prevent moral hazard.....
Redburn results prove resilient as independents have their day
Figures from Europe's largest independent equities broker are in sharp contrast to the equities businesses of the region's largest investment banks.....
Exchange rivals unite to forge single trading tape
Former NYSE and Bats Chi-X Europe executives team up at new consultancy to focus on pan-European transparency issues.....
Refinancing crisis looms over risky buyout assets
The debt of low-rated private equity-backed companies is becoming increasingly difficult to refinance.....
BNP Paribas loses top commodities sales chief
Jose Cogolludo set for Citigroup role after five years with the French bank.....
Ballardie moves to NYSE Euronext to head UK sales
One of the European trading industry's most high-profile female executives joins transatlantic exchange.....
Standard Chartered shares tumble
Shares of Standard Chartered bank tumble despite the bank denying allegations that it illegally "schemed" with Iran to launder money......
Disney profits lifted by Avengers
The Walt Disney Company reports higher profits in the April-June quarter, driven by the success of films such as The Avengers......
Worker admits 2.4m bank fraud
A former Lloyds Bank worker in charge of online security admits carrying out a fraud worth more than 2.4m......
Pfizer pays US $60m over bribes
Drug firm Pfizer pays the US government $60m to settle charges alleging it paid millions of dollars in bribes to doctors in Europe and China......
Italian economy contracts again
Italy's economy shrinks 0.7% in the second quarter, as government austerity measures affect everything from factory activity to business confidence......
Wet weather knocks Greggs profits
Greggs, the UK's largest bakery chain, reports a drop in profits in the first half, blaming wet weather for a fall in like-for-like sales......
NI loses 11,000 jobs in two years
Almost 11,000 jobs have been lost in the private sector in Northern Ireland in the past two years, according to a PricewaterhouseCoopers report......
Intercontinental sees profit jump
Intercontinental hotels, the world's biggest hotelier, reports a sharp jump in profits, thanks in part to increased sales in China......
Dreamworks plans China theme park
Dreamworks Animation plans to build a 2bn cultural and entertainment site in Shanghai with its Chinese partners......
Industrial output data fuels hope
A smaller than expected fall in industrial output sparks hopes that the sharp drop in UK growth from April to June could be revised upwards......
UK retail sales 'subdued in July'
UK retail sales were subdued in July, the British Retail Consortium says, despite better weather and the start of the Olympics at the end of the month......
Kodak patents attract 'low bids'
Bids for more than 1,100 of Kodak's digital image patents by Google and Apple fall short of a $2.6bn target, reports say......
Weak prices hit Xstrata profits
Anglo-Swiss miner Xstrata, which is in the midst of a takeover bid by Glencore, says falling commodity prices hit its profits in the first half of the year......
South Africa phone company fined
South African communications company Telkom is fined $54.8m (35m) for using its dominant market position to "bully" competitors......
Zara veteran named new Esprit CEO
Shares in fashion retailer Esprit Holdings surge 40% after it names an industry veteran from rival Zara as its new chief executive......
Singapore firm sues Wall St giant
Morgan Stanley is being sued by a Singapore investment company over a financial product that was allegedly "designed to fail"......
C of E sells shares in News Corp
The Church of England sells its shares in News Corp, on fears that the media group has not learnt lessons from the phone-hacking scandal......
Elton sues Times over tax story
Sir Elton John is suing The Times for libel over articles which he says falsely linked him to immoral tax avoidance......
Defeat for 'forced labour' claim
A graduate loses her High Court bid to challenge a government back-to-work scheme which she described as forced labour......
House prices stable says Halifax
The UK housing market is still in the doldrums, with prices falling by 0.6% in July to an average of 161,094, figures from the Halifax show......
India pledges clarity in tax laws
India's new finance minister, Palaniappan Chidambaram, pledges to clarify tax laws and take steps to boost investment in India's economy......
Indonesia's economy picks up pace
Indonesia's economy grows more than expected in the second quarter as domestic consumption helps offset a decline in demand for exports......
Tepco releases Fukushima tapes
Tokyo Electric Power Company, owner of the Fukushima nuclear plant, releases footage of how it managed meltdowns in three reactors......
First real-cash game on Facebook
A real-money gambling app has been launched on Facebook - the social network's first......
Awaited Alzheimer's drug shelved
Two US drug firms say they are stopping development of an Alzheimer's drug because it failed in two late-stage clinical trials......
Murray denies Rangers 'cheating'
Former Rangers owner Sir David Murray denies that any cheating took place during his stewardship of the club......
VIDEO: London 2012 tourism slump
The predicted economy boost through tourism during the Olympic games has not happened......
AUDIO: Working from home 'more productive'
Science reporter Rebecca Morelle investigates whether flexible working makes more sense than sitting in an office.....
VIDEO: Intercontinental in profits jump
The world's biggest hotel company, Intercontinental, has reported a sharp jump in profits, earning $178m (114m) pre-tax in the three months to the end of June......
VIDEO: IHG's Solomons on good performance
As the world's biggest hotel company, Intercontinental, reports a sharp jump in profits, chief executive Richard Solomons spoke to the BBC about the company's performance......
VIDEO: Standard Chartered sees shares fall
British bank Standard Chartered has seen its shares tumble after a US regulator accused it of laundering as much as $250bn (161bn) for Iran over the course of almost 10 years......
VIDEO: UK's 'first virtual interactive shop'
Tesco is trialling a new technology which aims to solve the problem of an empty fridge the day you arrive back home from your holidays......
AUDIO: Digital is 'long term gain' for news
Media consultant Claire Enders and Carla Buzasi of the online Huffington Post UK discuss the "significant problems" facing newspapers from digital news competition......
AUDIO: US industry no longer a jobs fix
With the economy bound to feature heavily in the upcoming US Presidential race, Michigan's automotive industry is a sound example of how manufacturing has changed beyond recognition......
Olympic success: How much does a gold medal cost?
Is cold hard cash the real reason for Team GB's success?.....
Q&A: Standard Chartered scandal
Why is the UK-based bank said to have broken the law?.....
The decline of US manufacturing jobs and living standards
As US manufacturing jobs dry up, so do living standards.....
The independent coffee republic of Totnes
'The independent coffee republic of Totnes' rejects chains.....
Sky-high thinking for African internet
Out of this world tech brings broadband to Africa.....
Bangladesh's ship breaking industry booms
Bangladesh's ship breaking industry picks up pace again.....
Uganda feels China's African involvement
Is the investment beneficial or exploitative?.....
U.S. Day Ahead: Apple & Google tread carefully around Kodak!
M&A Correspondent Nadia Damouni says buyer beware......
Breakingviews: Is Lawsky a rogue regulator?
Aug 7 - Breakingviews columnists discuss whether New Yorks financial regulator Benjamin Lawsky was acting alone when he charged Standard Chartered with illegally transacting with Iranian banks......
Trading at Noon: S&P hits 1,400; Knight rides again
Aug 7 - Stocks are rising for a third day, with the S&P 500 hovering above 1,400 for the first time since early May; Knight Capital shares are rebounding on its rescue deal with investors......
Xstrata results re-ignite merger debate
Aug. 7 - Anglo-Swiss mining company, Xstrata's half-year profits were better than expected, although still down by a third, and questions are being asked over whether the merger deal with Glencore will be affected by the results. Joanne Nicholson rep.....
Europe Day Ahead: StanChart fallout to ripple on
Aug. 7 - The latest scandal to hit the banking sector means investors should stay away from financial stocks, says Jane Foley of Rabobank.....
NBC's fastest man coverage is too slow
Aug. 7 - The American broadcaster NBC is drawing criticism from viewers for its decision not to show Usain Bolt's races live. Tens of thousands have now signed an online petition demanding live TV coverage of future key races. Sonia Legg reports......
Wealth Strategies: Apple should get rid of cash
Aug. 7 - Piper Jaffray's Gene Munster says Apple should eventually give its entire $117 billion cash stockpile to shareholders and that the faster it does so, the faster it will achieve his $910 price target......
3XSQ: "F'ing Americans" charge Standard Chartered with Iran dealings
Aug 7 - Standard Chartered loses $16 billion in Tuesday morning trading on allegations the bank hid $250 billion in transactions tied to Iran......
U.S. Morning Call: Standard Chartered falls on Iran allegations
Aug 7 - Standard Chartered had tumbled $15 billion by early Tuesday after allegations the bank hid $250 billion in transactions tied to Iran......
U.S. demands pound of flesh for Standard Chartered Iran "violations"
The British bank's Hong Kong shares plummet as much as 20% on allegations the lender secretly processed $250 billion worth of illegal transactions for Iran......
Breakingviews: Standard Chartered's cultural questions
Aug. 7 - Questions over the culture at Standard Chartered need to be answered after it was accused by a NY state regulator of $250 bln of dealings with Iran, breaking U.S. sanctions, says Peter Thal Larsen......
Forget your iPhone or Samsung S3. Here's the phone of the 1%
Ultra-luxury phones from the likes of Vertu have long been heavy on style and light on features. But the next generation of buyers expects more from their $6,000 dollar handsets......
Credit risk will not deter Shell Europe investment
Aug. 7 - Shell Director Andrew Brown tells Insider that moving cash funds out of Europe does not mean the group will cut its investment in the region......
Shale gas opportunity for U.S. security - BG
that the shale gas revolution provides the United States with an opportunity for energy security......
Libor collusion was rife, culture went right to the top
Aug. 7 - Libor-rigging was common knowledge, widespread, and went on for years. So says former banker Doug Keenan, whose offer to testify to UK lawmakers was turned down because it didn't fit their "narrative".....
Standard Chartered faces devastating blow on $250 billion U.S. charge
Aug. 7 - CCLA Investment's James Bevan says the scandal surrounding $250 billion in alleged hidden transactions with Iran is potentially devastating for Standard Chartered......
Reuters Today: Standard Chartered rebuts "rogue institution" tag
Aug. 7 - Standard Chartered faces a battle to save its New York banking license after U.S. regulators branded it a "rogue institution" for allegedly hiding transactions with Iran......
Going private may not be the Best Buy
Aug 6 - Best Buy founder Richard Schulze wants to take the consumer electronics chain private but that may not be the best strategy for turning around the struggling retailer. Conway G. Gittens reports......
Dow snaps Monday blues
Aug 6 - Summary of business headlines: Blue chips see first Monday rally since May; Knight Capital gets $400 million rescue; Best Buy founder proposes his own rescue; Meat costs eat at Tyson results; Standard Chartered in hot water. Conway G. Gittens.....
More brokers throwing in the towel
Aug 6 - The number of brokers is shrinking according to a new study- a result of the recent tough times for the brokerage business and a signal of a very different future for the industry. Bobbi Rebell reports......
U.S. Day Ahead: Disney earnings set to hulk out
August 6 - Shares in the Magic Kingdom are at an all-time high. But we'll see if the company can live up to investor expectations when it reports after the close......
Nissan's rival London cab
Aug.06 - Japanese car-maker, Nissan, has launched a new taxi that promises to be competitive in price and more environmentally friendly than other taxis in the UK capital. Joanne Nicholson reports.....
Knight holders would get this deal or nothing: Stephens COO
Aug 6 - Stephens Inc. COO Curt Bradbury, part of the $400 mln investment in Knight Capital, says that the deal for a majority stake in the company is the best shareholders could have gotten......
Breakingviews: Facebooks knife-like
Aug 6 - Jeffrey Goldfarb and Breakingviews columnists discuss whether, after a nearly 50 pct fall in the share price since its IPO, its time to buy Facebook......
Trading at Noon: Founder Schulze looking for 'best buy'
Aug 6 - Best Buy founder Richard Schulze made an unsolicited offer to take the retailer private, valuing the company at up to $8.84 billion......
Standard Chartered US claims puts auditors back in dock
Auditor Deloitte has rejected claims it helped Standard Chartered hide $250bn (161bn) of illegal Iranian transactions in the latest scandal to embroil the industry.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Standard Chartered: UK bank faces 'Frankenstein monster' in US over money laundering allegations
The allegations against Standard Chartered suggest British banks have badly misread how the politics around anti-money laundering have changed in the US.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2226cb61/mf.....
Shares dive as Standard Chartered reels
Standard Chartered's shares plunge more than 16pc as analysts warn it could lose 40pc of its earnings if US regulators succeed in securing money-laundering charges.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
MP makes call for money-laundering inquiry
Parliament should launch an investigation into money laundering to protect UK banks from a growing "anti-British" bias in the US, according to an MP.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2226cb64/mf.gif.....
Standard Chartered: Turner 'unaware' of US inquiry
Lord Turner, the chairman of the Financial Services Authority, was unaware of the $250bn (160bn) investigation into Standard Chartered by US authorities.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22268703/mf.....
Co-op chief quits before Lloyds deal completes
Peter Marks stepped down as chief executive of the Co-operative Group in a shock move that raised fresh concerns over the company's deal to buy 632 bank branches from Lloyds.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Standard Chartered accusations put Lawsky under scrutiny, too
If Benjamin Lawsky's allegations are right and it's true that Standard Chartered "indisputably helped sustain a global threat to peace and stability" through $250bn of "secret transactions" with banned Iranian clients then presumably that's the end o.....
Standard Chartered: Ben Lawsky spreads his wings
Ben Lawsky, superintendent of the New York State Department of Financial Services, has been a financial regulator for less than a year but he is no stranger to Wall Street.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Global slump risk falls as world money rebounds
The first green shoots have begun to emerge in money supply data from across the world, raising hopes of a tentative global recovery by later this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22267b5b/mf......
Let's embrace the world and avoid being left on the continental shelf
The Prime Minister must outline a vision of a global Britain that trades with the world.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22267b5c/mf.gif' border='0'/><br/><br/><a href="http://da......
Heritage Oil surges on return to market
Shares in the oil explorer resumed trading after a month-long suspension.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222600e2/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....
Stand off as Standard Chartered bites back
Standard Chartered defends itself against US regulator Benjamin Lawsky's allegations as the company's share price is hammered.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2226817d/mf.gif' border='0'/>.....
Standard Chartered: US regulator started just 10 months ago has axed bank shareprice
AS a display of regulatory power, there has been nothing like it. The 27-page order penned by New York's Department of Financial Services superintendent Benjamin Lawsky saw more than 25pc wiped off the value of Standard Chartered in early trading on .....
Good news Britain: Meggitt chief executive on aerospace engineer's growth
Meggitt, which specialises in high performance components for the aerospace, defence and energy markets, has announced revenue growth of 19pc due to growth in its military and energy markets.<img width='1' height='1' src='http://telegraph.feedspor.....
Greek exit from euro is 'manageable' says Jean-Claude Juncker
Jean-Claude Juncker, leader of the eurozone finance ministers' group, says the world could cope with Greece leaving the eurozone - but that it still holds dangers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
InterContinental to return $1bn to shareholders
InterContinental, owner of the Holiday Inn and Crowne Plaza brands, has promised to return $1bn (640m) to shareholders after pre-tax profits rose by more than a third during the first half of the year.<img width='1' height='1' src='http://telegrap.....
Debt crisis: As it happened - August 7, 2012
Jean-Claude Juncker says a Greek exit would be 'manageable' but not 'desirable', warning that it would carry enormous risks for the country's people.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2224ca01/mf.gif.....
Debt crisis live: Greek exit would be 'manageable'
Jean-Claude Juncker says a Greek exit would be 'manageable' but not 'desirable', warning that it would carry enormous risks for the country's people.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2223e8e5/mf.gif.....
UK economy shrank 0.2pc in three months to end of July, NIESR says
The British economy shrank by 0.2pc in the three months to the end of the July according to the National Institute of Economic and Social Research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2224bc06/mf.gif' .....
Merger target Xstrata beats City expectations
Miner Xstrata surpassed City estimates with its results, welcome news to shareholders demanding a higher offer from commodity giant Glencore.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2224c0a0/mf.gif' border.....
Meggitt growth given new energy with Petrobras deal
Meggitt has won a $100m (64m) contract with oil giant Petrobras as part of a drive into the energy sector that is accelerating growth for the aerospace and defence engineer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
Damian Reece: Politics is behind Standard Chartered banking scandal
As the New York banking regulator accuses Standard Chartered Bank of hiding $250bn worth of transactions made with Iran, the Telegraph's Head of Business Damian Reece explains why this scandal is politically motivated.<img width='1' height='1' src.....
Parents' policies do not insure students' gadgets
Students warned - unless there is a lock on your door, you're not covered.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22245da6/mf.gif' border='0'/>.....
Blue-chips slip back as InterContinental climbs on shareholder pledge
The hotel group was in demand as the company revealed plans to return $1bn to shareholders.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2221d8c6/mf.gif' border='0'/><br/><br/><a href="http://.....
London 2012 Olympics: British athletes' worth boosted by up to 20m after bagging gold
Britain's success at the Olympic Games has seen athletes' marketability boosted by up to 20m, according to research by advertising agency TBWA/London. Here's what some of Britain's finest athletes could be worth after bagging Olympic gold in London.&.....
