Greece urged to stick to reforms
The leaders of Germany and France have told Greece it should not expect leeway on its bailout agreement unless it sticks to tough reform targets......
Plans to tackle housing shortage
Institutional investors could fund the large-scale building of private housing for rent, a report for the government by Sir Adrian Montague says......
Bank defends QE policy effects
The Bank of England has defended its policy of quantitative easing, despite admitting that the top 5% of households have benefited the most......
Eurozone 'heading for recession'
Falling output from the eurozone's manufacturing and services sectors suggest the region is heading for another recession, analysts say......
US manufacturing sees weak growth
Growth in the US manufacturing sector remained weak during August, according to a closely-watched survey......
Asil Nadir jailed for 10 years
Former fugitive tycoon Asil Nadir is jailed for 10 years for stealing nearly 29m from his Polly Peck business empire more than 20 years ago......
Bad loans hit Co-operative Group
The Co-operative Group reports a sharp fall in profits due to bad business loans and what it describes as a "competitive" food market......
Plan to reveal cost of pensions
A plan to give pension savers much more information about how much they are being charged is outlined by the Association of British Insurers......
Tycoon's arrest triggers bank run
Depositors withdraw hundreds of millions of dollars from one of Vietnam's largest banks after the arrest of one of its founders......
Sony cuts 1,000 mobile phone jobs
Sony, the loss-making Japanese electronics and entertainment company, is cutting 1,000 jobs from its mobile phone division, as part of cost-saving measures......
UK home sales 'fell back in July'
The number of homes sold in the UK declined in July, according to figures from HM Revenue & Customs.....
Qantas reports $256m annual loss
Qantas reports its first annual loss since 1995, amid high fuel costs and growing losses at its international operations......
Hartley's sold by Premier Foods
Premier Foods agrees to sell its sweet spreads and jellies unit, including the Robertson's, Hartley's and Sun-Pat brands, for 200m......
JD Sports sells Canterbury brand
Sportswear retailer JD Sports agrees a deal to sell the Canterbury rugby brand to sports and fashion retail group Pentland for 22.7m......
'Lost decade' for US middle class
The US middle class is facing a "lost decade" as its share of the country's income has been surpassed by affluent earners, a new report says......
China manufacturing falls further
China's manufacturing activity fell to a nine-month low in August, according to a preliminary HSBC survey......
SA memorials for Lonmin mine dead
Memorial services take place in South Africa for 44 people killed in clashes at the Marikana platinum mine, amid reports of spreading industrial action......
SSE to raise energy prices by 9%
Energy firm SSE, which trades as Southern Electric, Scottish Hydro and Swalec, is to raise average gas and electricity prices by 9% from October......
Santander raises mortgage rate
Santander has written to several hundred thousand mortgage customers to tell them their standard variable mortgage rate will rise to 4.74% from 4.24%......
'World first' for tidal turbine
A tidal turbine, which is claimed to be the world's first community-owned device of its kind, is to be built in Scotland......
Australia's mining boom is 'over'
Australia's resources minister, Martin Ferguson, says the country's resources boom, one of the biggest drivers of its economic growth, is "over"......
US 'fiscal cliff' recession alert
The US economy could face recession if Congress does not avert a so-called fiscal cliff due to come into effect in 2013, a congressional report says......
Emerging markets boost for Diageo
Diageo, the maker of Guinness and Smirnoff, reports a big jump in annual profits thanks to strong sales and acquisitions in emerging markets......
Facebook's Instagram bid gets nod
The US Federal Trade Commission gives Facebook's takeover bid for photo-sharing network Instagram the go-ahead......
Hewlett-Packard makes $8.8bn loss
Hewlett-Packard, the world's largest technology company by sales, reports a large loss in the third quarter......
New Aberdeen FC park 'killed off'
Aberdeen Football Club chairman Stewart Milne says its planned move to a new stadium has effectively been "killed off" by the city council......
Pension fund's Goals bid fails
A Canadian pension fund fails in its bid to take over Goals Soccer Centres after insufficient support from shareholders......
Paralympic sports tickets on sale
Paralympic Games organisers put 40,000 sports tickets and 100,000 ground entry tickets to the Olympic Park on sale......
AUDIO: Space: Mining's next frontier?
Do private companies have the right to lay claim to resources on other planets and asteroids?.....
VIDEO: QE 'a disaster' for pension savers
Director general of Saga, Dr Ros Altmann, has attacked the Bank of England's policy of quantitative easing claiming it has left pension savers worse off......
VIDEO: Greece tops agenda in Eurozone talks
The French and German leaders have been meeting in Berlin today ahead of their respective talks with the Greek prime minister later this week. Greece is asking for more time to implement the tough conditions imposed on it in return for a financial ba.....
VIDEO: Investment banking 'rotten to its core'
Investment banks work in packs like a cartel, John Mann from the UK's Treasury Select Committee tells Hardtalk......
AUDIO: Retail bonds 'safer than shares'
With stock markets unpredictable, and returns from cash deposits almost non-existent, investors and savers are turning to lending money directly to companies via so-called "retail bonds"......
VIDEO: Plans to tackle housing shortage
Institutional investors could fund the large-scale building of private housing for rent, a report for the government by Sir Adrian Montague has said......
AUDIO: 'Massive disparity' in miners' pay
Mining analyst Charlie Long says that rock drillers in the South African platinum industry are believed to earn a fraction of the wages of their Australian counterparts......
VIDEO: New growth markets drive Diageo profits
Diageo, the world's biggest producer of spirits, has reported a big jump in annual profits, thanks in part to strong sales and acquisitions in emerging markets......
How to start a business without a bank loan
Starting a business with no bank loan.....
Global banking scandals explained
A guide to the scandals engulfing banking.....
Chequered history of the SFO
The chequered history of the UK's fraud investigator.....
U.S. Day Ahead: It's all about picking up the pieces
Aug 23 - Investors are tapping the brakes on the summer rally after hopes for more Fed firepower were dashed by comments from one top Fed official......
South Africa mining unrest fears grow
Aug. 23 - Families of the 44 miners killed in Marikana gather for a memorial, while the mining companies worry about further union action and investors on production capacity. Joel Flynn reports......
Trading at Noon: HP needs to be more like an Apple
Aug 23 - Brokerages cut their price targets on Hewlett-Packard's stock after the PC maker posted an $8.9 billion loss, sending shares down......
Breakingviews: Citi slams Nasdaq
Aug 23 - Breakingviews editors discuss Citigroup's comprehensive critique of Nasdaq over the botched Facebook IPO......
Europe's tough message for Greece
Aug. 23 - The leaders of France and Germany, Francois Hollande and Angela Merkel, are expected to present a united front towards Greece and tell Athens it can't expect any leeway unless it sticks to the terms of its bailout agreement. Joanna Partridg.....
Europe Day Ahead: Antonis pops over to Angela's
Aug. 23 - Greek prime minister Antonis Samaras takes his charm offensive to Berlin tomorrow ahead of talks with French president Francois Hollande in Paris on Saturday......
3XSQ: Stimulus, shmimulus!-Fed official
Aug 23 - St. Louis Fed President James Bullard is downplaying the likelihood of Fed action, saying its latest minutes are "a bit stale.".....
Premium brands carry Diageo through tough times - CEO
Aug. 23 - Paul Walsh, CEO of Diageo, says the drinks giant is not immune to a major dislocation in the global economy but is confident buoyant demand for whisky and spirits will help it meet targets......
Sports Spread: Liverpool to face relegation battle?
Aug. 23 - Week two of the Premier League sees some arguing Liverpool are more likely to face relegation than a title challenge. A look ahead to the weekend's big games and next week's U.S. Open tennis......
U.S. Morning Call: HP sees mega-loss after writedown
Aug 23 - Hewlett-Packard saw an $8.9 bln quarterly loss as sales fell again, and took a $13.9 bln writedown; shares are trading down in the premarket......
Market Pulse: FOMC steer to drive core yields towards 1%
Aug. 23 - G3 bond yields fall after the Fed signals it may unleash another round of stimulus. Benchmark yields will soon be closer to 1% than 2%, says Standard Bank's Steve Barrow......
Taking North Korea's pulse, from China border boomtown
Aug. 23 - In Dandong, China, on the border with North Korea, traders doing business with the reclusive country eagerly await signs of change under its new young leader......
Breakingviews: Lonmin needs to go big...or go away
Breakingviews assistant editor Robert Cole......
Recession looms large for Germany after PMI data - Markit
Aug. 23 - There is every possibility Germany is heading for a recession by year-end if the weak demand picture continues, says Markit senior economist Rob Dobson......
Reuters Today: world's central banks poised to ease
Aug. 23 - It's not a question of if, but when, as central banks stand ready to deliver a boost to the global economy. PMI data shows China's manufacturing shrank the most in 9 months......
China factory activity takes another tumble
Aug. 23 - China August flash PMI data, an early indicator of manufacturing activity, shows the world's second largest economy has yet to pick up steam, adding to a grim regional economic picture......
Qantas posts loss, cancels Dreamliner order
Aug. 23 - Qantas Airways posts losses and cancels orders for 35 Boeing Dreamliner jets to cut costs. Sarah Sheffer reports......
HP swallows huge loss
Aug 22 - Summary of business headlines: A king-size loss for HP, the world's largest PC maker; CBO "fiscal cliff" warning; Toll Brothers orders jump; home resales strong. Bobbi Rebell reports......
Toll Brothers profit power
Aug 22 - Toll Brothers posts its best revenue since the 2008 financial crisis, adding evidence the U.S. housing market is recovering. Carmen Roberts reports......
U.S. Day Ahead: Better jobs picture is a double-edged sword
Correspondent Jason Lange......
Asil Nadir guilt of stealing 28 mln
Former Polly Peck tycoon Asil Nadir is convicted of ten counts of theft from his former business totalling 28 million, bringing to a close a case begun in 1990. Joel Flynn reports......
Back-to-School: What's in Store for Retailers?
retail analyst Jharonne Martis says Nordstrom and Zumiez are some of the best positioned retailers this back-to-school season, but that companies like JC Penney & Abercrombie could falter......
Russia finally in WTO after 19 years
A decades long wait for membership of the World Trade Organisation ends for Russia, though the organisation's chief says excited comparisons with China may have to be tempered. Joel Flynn reports......
Breakingviews: The Gray Lady's greenbacks
Aug 22 - Antony Currie and Agnes Crane discuss what the New York Times should and shouldnt do as its cash pile grows......
Trading at Noon: U.S. housing market is back-ish
Aug 22 - U.S. home resales rose in July on low interest rates & a somewhat better employment picture; stocks remain slightly down in midday trade......
It will take more than a new face to rehabilitate the Murdoch clan
The conclusion from tonight's MacTaggart lecture is that once a Murdoch, always a Murdoch.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22ac868a/mf.gif' border='0'/><br/><br/><a href="http://d.....
Diageo investors must show patience
The cash is rolling in at Diageo - more than 3bn of it from its operations generating a free cash flow of 1.6bn. There's more than 1bn of the folding stuff sitting on the balance sheet.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Fitch is targeted by Italian magistrate
Italian prosecutors have compiled a controversial case against Fitch Ratings for allegedly issuing "false and unfounded judgements" against Italy, the latest move in an escalating judicial campaign against "Anglo-Saxon" credit agencies.<img width=.....
Fed joins stimulus party as global trade slumps
All three major blocs of the world economy have shifted gears dramatically over the last month, preparing a fresh blast of stimulus to combat the sharpest contraction in global trade since the 2008-09 crisis.<img width='1' height='1' src='http://t.....
It's time the Government got serious about our long-term growth
Putting in place policies which foster economic growth is a top priority for any government. Given current circumstances it is not surprising that the focus is on how to promote growth in the short term.<img width='1' height='1' src='http://telegr.....
Delay West Coast rail contract until MPs have examined bid, says Transport Committee chairman
Award of West Coast rail contract to FirstGroup should be delayed until controversial 13.3bn bid has been scrutinised by MPs, chairman of the Transport Committee said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Property groups pressured by downgrades
Real estate companies came under pressure across the board as analysts cut recommendations.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22abc803/mf.gif' border='0'/><br/><br/><a href="http://.....
Platinum industry at risk after Marikana bloodshed, says Lonmin rival
The bloodshed at Marikana poses a "significant risk" to the platinum industry, the world's second biggest producer warned, as South Africa remembered the 44 killed at the Lonmin mine.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Elisabeth Murdoch: speech in full
Rupert Murdoch's daughter Elisabeth moved to distance herself from her brother James and position herself to play a major role at the helm of News Corporation in the James MacTaggart Memorial Lecture at the Edinburgh Television Festival 2012. Here is.....
Anglo American reaches deal with Chile's Codelco
Anglo American, the FTSE 100 miner, has brokered a settlement with its Chilean rival Codelco that puts an end to a painful battle between the two mining titans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22ab.....
Elisabeth Murdoch distances herself from family
Rupert Murdoch's daughter Elisabeth has moved to distance herself from her brother James and position herself to play a major role at the helm of News Corporation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Glencore stays still as Xstrata deadline approaches
The deadline Glencore has set itself to change its offer for miner Xstrata is expected to pass without the commodity giant making a move to rescue the teetering 44bn deal.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Labour MP accuses Government of hiding scale of RBS Libor fines
RBS faces bigger Libor-rigging fines than Barclays, according to Labour MP John Mann.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22ab7537/mf.gif' border='0'/><br/><br/><a href="http://da.fee.....
Debt crisis: as it happened - August 23, 2012
Ahead of talks with Francois Hollande, German chancellor Angela Merkel has said that she expects Greece to fulfil the terms of its bailout, saying it's important that "we all stand by our obligations".<img width='1' height='1' src='http://telegrap.....
How QE made UK pensioners richer, but youth poorer
Quantitative easing has helped the rich get richer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22ab753d/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/139265224105/u/3/f/.....
Australia's mining boom is over, says resources minister Martin Ferguson
Martin Ferguson has declared the nation's mining boom "over" after BHP Billiton, the world's biggest miner, delayed plans to build the largest open-pit mine in the world as the global economy slows.<img width='1' height='1' src='http://telegraph.f.....
Co-Op Bank drags down group profits
The Co-Op's first half financial results have been hit by nearly 80m of charges taken by its banking arm.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22ab0c4e/mf.gif' border='0'/><br/><br/><a.....
Diageo boss urges Chancellor to "nudge the tiller" on austerity
Diageo boss Paul Walsh has joined the chorus of influential voices calling on the Chancellor to "nudge the tiller" of his austerity programme.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22abd234/mf.gif' borde.....
Banks more aggressive on bonus claw backs
Nearly a fifth of banks have clawed back bonuses from their staff, according to an industry survey.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22aad781/mf.gif' border='0'/><br/><br/><a href=.....
Debt crisis: live
Ahead of talks with Francois Hollande, German chancellor Angela Merkel has said that she expects Greece to fulfil the terms of its bailout, saying it's important that "we all stand by our obligations".<img width='1' height='1' src='http://telegrap.....
Debt crisis: Merkel tells Germans to remember the euro dream ahead of crisis summits
Putting aside the prospect of a clash with Athens, Angela Merkel has made a passionate appeal to the German public for them to back the eurozone "dream."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22aaffd8/mf.....
Football Pools go to France
One of Britain's oldest gaming institutions, the Football Pools, is crossing the channel after owner Sportech announced a distribution deal in France.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/22aaffdd/mf.gi.....
Good News Britain: Exports will drive recovery
Much has been said about the health of the UK economy. Despite the challenges we face, I believe we should be optimistic. The success of the London Olympics demonstrates what the UK can achieve when it pulls together.<img width='1' height='1' src=.....
Thousands of Aviva staff fear for their jobs
Thousands of Aviva's UK employees are in fear for their jobs tonight after the FTSE 100 insurer released a statement warning it could currently guarantee only 70pc of their jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Thousands of Aviva staff in Norwich at risk
Thousands of staff at Aviva's Norwich offices are in fear for their jobs tonight after the FTSE 100 insurer released an email warning it could currently guarantee only 70pc of their jobs.<img width='1' height='1' src='http://telegraph.feedsportal......
