Bank cuts growth forecast to zero
The Bank of England cuts its growth forecast to near zero from about 0.8% predicted in May, as the double-dip recession intensifies......
News Corp registers $1.6bn loss
Rupert Murdoch's News Corp swings to a loss partly due to the weakness of its publishing business, which includes newspapers like the Times and the Sun......
StanChart rejects Iran charges
The chief executive of scandal-hit Standard Chartered says it "fundamentally rejects" accusations that it laundered as much as $250bn (161bn) for Iran......
'Some euro members could leave'
Some eurozone members may have to leave the bloc as the debt crisis goes on, according to Otmar Issing, one of the euro's architects......
France to 'return to recession'
France's economy will fall back into recession this quarter, the country's central bank predicts......
Weak prices hit Rio Tinto profits
The world's second-biggest mining group, Rio Tinto, blames weaker commodity prices for a 22% drop in half-year net profits......
Germany's exports decline in June
Germany's exports fell in June, especially those going to fellow eurozone countries, as the region's debt crisis continued to have a negative impact......
Sportingbet profits 'on target'
Sportingbet says its full-year profits will be in-line with market expectations, despite continuing "challenging economic conditions" in Europe......
Aircraft simulator company sold
One of Crawley's biggest employers sells part of its business to an American rival for 83m......
Firms must identify paid bloggers
A judge orders Oracle and Google to reveal which commentators they have paid following a patent trial......
UK job placements slide in July
The number of people being placed in jobs in the UK falls for the second straight month in July, although the pace of decline slows......
Shares suspended in cashmere firm
Shares in cashmere producer Dawson International are suspended from trading on the stock exchange pending an announcement......
Cathay Pacific in surprise loss
Cathay Pacific posts an unexpected first-half net loss amid higher fuel costs and a drop in demand for corporate travel......
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......
Thai firm eyes Tiger brewer stake
Heineken's bid to take control of the maker of Tiger Beer takes a surprise twist after a Thai firm offers to buy a stake in the brewer......
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......
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......
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......
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......
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......
Dreamworks plans China theme park
Dreamworks Animation plans to build a 2bn cultural and entertainment site in Shanghai with its Chinese partners......
South Africa phone company fined
South African communications company Telkom is fined $54.8m (35m) for using its dominant market position to "bully" competitors......
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......
Hearts rapped over ticket advert
Heart of Midlothian Football Club is found to have misled fans over advertisements for cheap season tickets......
VIDEO: Chancellor backs Bank's report
The Chancellor of the Exchequer, George Osborne, has backed a report from the Bank of England, agreeing that the economy is healing but it is a "slow and difficult process"......
VIDEO: News Corp quarterly results due
News Corporation, the global media giant controlled by Rupert Murdoch, releases quarterly results later today......
AUDIO: Bank breaks even after 10 months
The interim chief executive of Shawbrook Bank told 5 live how it managed to break even ten months after its launch......
VIDEO: Bank cuts growth forecast to zero
The Bank of England cuts its growth forecast to near zero from the 0.8% predicted in May, as the double-dip recession intensifies......
AUDIO: World's first mineral exchange launches
China, the world's largest producer of rare earth is China is about to launch the world's first trading platform for the minerals. Carole Ferguson, an analyst with Fairfax bank, shares her thoughts on why China has decided to trade the minerals......
VIDEO: Russia meeting on food security
Traders are watching a food security meeting in Russia amid talk that Moscow could control grain exports, leading to even higher prices on world commodity markets......
Tax evasion aided by global inertia
Money lost in tax havens could reduce global poverty.....
Red flags for struggling businesses
Tell-tale signs of impending business insolvency.....
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.....
U.S. Day Ahead: Why Man U is just like Disney
Correspondent Olivia Oran......
LIGHTNING ROUND: Equities haven't yet hit highs for 2012
Aug. 8 - U.S. stocks may be a little rich right now, according to NYSE trader Joe Greco, but they haven't hit their highs for the year. He's looking for energy and financial stocks to lead the way higher......
Breakingviews: Priceline past its prime
Aug 8 - Antony Currie and Rob Cyran discuss how slowing growth and rising competition have finally woken investors up to the travel middlemans lofty market value......
Trading at Noon: Orbitz, Priceline 'negotiate' outlook
Aug 8 - Online travel agencies Orbitz and Priceline are cutting their full-year growth forecasts on lower Q2 profits......
Olympics boost more bronze than gold
Aug. 8 - Ahead of the London Olympics, it was hoped they would raise the country's spirits and help Britain bounce out of recession. As the Games heads to the home straight, it doesn't look like the event will give a much-needed boost. Joanna Partrid.....
No gold medal glory for UK economy
Aug. 8 - The UK economy will barely grow this year and may have taken a bigger hit from the euro zone debt crisis than thought, but the Bank of England gave little indication that it would rush to pour further stimulus into the economy. Ciara Sutton .....
Europe Day Ahead: Nestl, BoJ, OPEC report
Aug. 8 - Europe's lookahead takes in Nestl results as earnings season continues, the BoJ rate decisison and OPEC's monthly oil report, as well as a glance at what the Olympics hold in store on Day 14......
Saft Says: Invest in banks at your own risk
Columnist James Saft says investing in banks is like planting in your front yard blind-folded, it's really risky......
3XSQ: McDonald's July sales fried; business sluggish
Aug 8 - McDonald's Corp reported flat sales in July at established restaurants around the world, its worst performance in more than nine years......
Sun-drenched Greece feels the heat
Aug. 8 - A downgrade from ratings agency Standard and Poor's has left analysts feeling lukewarm about Greece's economy, but that's nothing new so are downgrades losing their value? Joanne Nicholson reports......
U.S. Morning Call: BoE cuts forecast; Standard Chartered gets ammo
Aug. 8 - The Bank of England slashes its growth outlook but gives no indication that it will push for further stimulus......
Market Pulse: BoE under fire, gilts rally to fizzle
Aug. 8 - The BoE slashes its UK growth forecasts again. Sterling and short-dated yields rise though, as King appears to dismiss a rate cut. BofA-ML's John Wraith says the recent gilt rally will fizzle out......
Reuters on the Road: SeNd senses gap in telecare market
Aug. 8 - SeNd Technology director Mark Bates takes the taxi challenge to explain how his new monitoring device aims to disrupt the telecare market for the elderly and vulnerable......
First gene therapy treatment approved in Europe
Aug. 8 - The first gene therapy drug approval given by European regulators is potentially good news for sufferers of LPLD, a rare syndrome which prevents their body from breaking down fat. The decision to allow Dutch biotech company uniQure to produc.....
Breakingviews: Standard Chartered selloff overdone
Breakingviews......
India's factories shrug off blackouts
Aug. 8 - Faced with some of the largest blackouts in Indian history, generators meant last week's power outages were far from catastrophic. Sarah Charlton reports......
How Hollywood is cracking the China market
Aug. 8 - A spike in China's box office revenues has grabbed the attention of Hollywood. Filmmakers are now on the hunt for local partners to help them get around annual restrictions on foreign film screenings......
Reuters Today: Equity rally set to fizzle - StanChart
Aug. 8 - Equity markets are getting ahead of themselves in hoping for an end to debt worries, with today's report from the BoE likely to be a reality check, says StanChart's Senior Economist, Sarah Hewin......
The Avengers is Disney's hero
Aug. 7 - The Walt Disney blockbuster flick "The Avengers" powered better-than-expected earnings in the third quarter, offsetting weaker revenues from broadcast and cable, possibly setting up a showdown for the media conglomerate's stock price. Bobbi .....
Sales stumble for Disney, Priceline
Aug. 7 - Summary of business headlines: Stocks climb ahead of mixed after-hour results from Walt Disney and Priceline.com; Labor Department data show U.S. job openings at post-recession high; Standard Chartered fiasco grows. Conway G. Gittens reports.....
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.....
News Corp posts loss on restructuring charge
News Corp posts a quarterly loss after taking $2.85bn of restructuring and impairment charges that overshadowed growth at its cable networks.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22306f87/mf.gif' border.....
Olympic triumph masks an altogether grimmer reality
Amid the euphoria of Britain's Olympic triumphs, it was a wearily familiar story today from the Bank of England, which has brought us back to reality with a bump.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22.....
BSkyB wins victory in battle with Ofcom over sports channels
BSkyB tonight won a long-running dispute over how much it can charge rivals to host its prime sports channels, Sky Sports 1 and 2.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222fa0b4/mf.gif' border='0'/>&l.....
Aquarius Platinum slips further as analysts ask if more pain is to come
The platinum producer lost ground on the FTSE 250 after results missed City expectations.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222fa0b5/mf.gif' border='0'/><br/><br/><a href="http://da.....
Royal Wedding carpet maker in pay row
The company that made the red carpet for last year's Royal Wedding has become embroiled in an extraordinary row over pay after its non-executive directors allegedly demanded a bonus if the company was sold.<img width='1' height='1' src='http://tel.....
Standard Chartered: Peter Sands says there are "no grounds" to revoke New York licence
Peter Sands admitted "mistakes were made" at Standard Chartered for which he was "very sorry" but insisted that the portrayal of the bank as a rogue institution was "inaccurate."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Standard Chartered: Boris accuses US regulators of being "motivated by jealousy"
Boris Johnson has accused American regulators of "protectionism" and being "motivated by jealousy" of the City after Standard Chartered was branded as a "rogue institution".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
Fears are rising that euro crisis threatens region's biggest economies
New figures are fanning concerns that the eurozone debt crisis is driving its powerhouse economies, France and Germany, into recession.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222f23c1/mf.gif' border='0'/&.....
Debt crisis: as it happened - August 8, 2012
Otmar Issing, one of the founding fathers of the euro, believes some countries may not be able to remain in the currency bloc but Germany would be better off staying in.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Euro founder admits some nations may be forced to leave
One of the founding fathers of the euro admits that some states may be forced to abandon the single currency, but insists Germany would be better off staying in.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222.....
Debt crisis: euro founder Otmar Issing admits some countries could leave EMU: live
Otmar Issing, one of the founding fathers of the euro, believes some countries may not be able to remain in the currency bloc but Germany would be better off staying in.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Cautious British Airways-owner hedges 550m Amadeus stake
The parent company of British Airways and Iberia has loaned out its entire 550m stake in the Amadeus airline booking system as part of a hedging operation to lock in its soaring value.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
HP restructuring costs double in rush for early retirement
Hewlett-Packard admitted that the cost of its radical restructuring could almost double as staff rush to take up its early retirement plan.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222e9cfb/mf.gif' border='.....
Good news Britain: Africa offers hope for British companies
Along with a number of other British companies, Old Mutual is excited about the huge potential for Africa.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222ebdf3/mf.gif' border='0'/><br/><br/><.....
Rio Tinto braces for China bounce as profits drop
FTSE 100 miner Rio Tinto blames falling commodity prices for a slump in revenues and profits, but sees reason for cheer in China.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222ebdf5/mf.gif' border='0'/><.....
Good news Britain: Old Mutual shrugs off eurozone fears
London-listed insurance group was able to put aside concerns about the eurozone crisis and focus instead on plans to expand in east and west Africa's fastest growing economies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Old Mutual targets Nigerian growth
Old Mutual said it plans to increase its presence in Nigeria during the second half of the year as it looks to increased exposure to east and west Africa's fastest growing economies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Cobham chief executive targets growth outside defence
The new chief executive of Cobham wants to increase the aerospace and defence component maker's exposure to commercial markets after it reported a dip in profits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22.....
McDonald's sales worst in two years as US recession bites
McDonald's blamed a 'sluggish' US economy as the world's biggest fast-food chain delivered its worst monthly sales in more than two years.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222e4ae4/mf.gif' border='0.....
Zara owner is world's third-richest person
Amancio Ortega has been placed third on Bloomberg's latest list of the world's richest people thanks to his fashion company Inditex, which owns high street shop Zara.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
FTSE 100: AstraZeneca helps pull blue-chips down
AstraZeneca slipped during trading after a disappointing clinical trial prompted the group to stop development of a drug to treat sepsis, helping drag blue-chip stocks lower.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Debt crisis: Bank of England cuts growth forecasts: live
France's central bank expects the country to slip into recession during the third quarter, as its preliminary figures show that gross domestic product will be down 0.1pc in the third quarter.<img width='1' height='1' src='http://telegraph.feedspor.....
Damian Reece: Mervyn King's economic forecast means more stormy water ahead
As Mervyn King, Govenor of the Bank of England, forecasts more gloom for Britain's economy, Damian Reece predicts the slowdown could continue until 2016.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222e4aea/mf.....
Damian Reece: Mervyn King's economic forecast shows more stormy waters ahead
As Mervyn King, Govenor of the Bank of England, forecasts more gloom for Britain's economy, Damian Reece predicts the slowdown could continue until 2016.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/222da1de/mf.....
Standard Chartered: Mervyn King says no US trade war against UK banks
Sir Mervyn King, Bank of England governor, said he does not believe US regulators are engaging in a trade war against UK banks in the wake of allegations against Standard Chartered.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
