Heseltine issues growth challenge
Lord Heseltine recommends ending a century of centralisation and moving growth funds nearer to industry in his report into boosting UK growth......
Barclays in new regulatory probes
Barclays says that it is the subject of two new regulatory probes after a series of scandals and announces it made a loss in the third quarter......
Redundancies at London taxi firm
Some 156 staff are to go from London taxi firm Manganese Bronze, just a day after administrators said there was interest from potential investors......
Facebook dips on staff sell-off
Facebook shares fall 3.8% on the day employees became eligible to start selling restricted shares in the social networking giant......
US exchanges open for business
The stock markets in New York reopen after their longest closure since 9/11 due to the superstorm Sandy......
Auditors of Blues' owners resign
The auditors looking into the accounts of Birmingham City FC's parent company resign from the job......
GM plans more cost cuts in Europe
US carmaker General Motors says it plans $500m in cost cuts at its troubled Europe unit as it reveals a bigger-than-expected quarterly profit......
Greece debt problems even worse
Greece forecasts an even deeper recession and bigger debtload in 2013 as eurozone ministers hold inconclusive talks over Greece's latest bailout loan......
Disney buys firm behind Star Wars
Disney buys Lucasfilm, the company behind Star Wars, from George Lucas for $4.05bn (2.5bn) and will release a seventh Star Wars film in 2015......
Living standards 'may stagnate'
Millions of poor and middle-income households could see their living standards no higher in 2020 than in 2000, a group of employers, unions and parents says......
Economy changes shoppers' habits
Falling consumer confidence is causing a change in behaviour, major retailers say, as shoppers worry tough times are set to continue......
Euro unemployment hits new high
Eurozone unemployment jumped to a fresh high of 18.49 million in September, the EU statistics agency says......
Portugal backs tax-rise budget
Portugal's parliament backs a tax-raising budget designed to meet eurozone demands, as hundreds gather in Lisbon to protest......
Barr and Britvic talks 'advanced'
Soft drink firms AG Barr and Britvic are given more time to seal a possible 1.4bn merger as talks make "substantial progress"......
Panasonic forecasts $9.6bn loss
Panasonic projects that it will make a loss in the current financial year due to falling sales and a jump in restructuring expenses......
Clydesdale Bank reports losses
Clydesdale Bank reports a pre-tax loss of 183m for the year to September, with bad debt increasing......
Hi-tech toys tipped for success
Technological advances have again influenced the toy industry's top picks for success this Christmas, according to a new list......
Poor harvest hits wine production
A poor grape harvest in 2012 is predicted to lead to a wine shortage across the world......
Child benefit 'foreign anomaly'
High earners working abroad could hold on to all their child benefit despite having an income of over 50,000 when the January cut comes into force......
Negative equity problem 'easing'
The problem of negative equity has eased in the past year, according to research from the Council of Mortgage Lenders......
'No detail yet' for energy plan
The prime minister announced the "intent, not the detail" of a plan to put energy customers on the cheapest tariff, the energy minister tells MPs......
Sandy damage estimated at $20bn
Businesses on the US East Coast continue to be disrupted by storm Sandy, with total damage estimated at between $10bn and $20bn (6bn-12bn)......
Japan gets $138bn stimulus boost
The Bank of Japan takes further stimulus measures amid concerns that Japan's economic recovery may be running out of steam......
India cuts bank reserve not rates
India's central bank leaves rates unchanged but cuts the amount of money lenders need to keep in reserve in an attempt to boost growth......
Tarmac in talks with French firm
Building supplies firm Tarmac is consulting with employees over how a joint venture with a French company will affect jobs in Wolverhampton......
Standard Life reports sales fall
Pensions, savings and investment firm Standard Life reports a 7% drop in sales on the back of a weaker pensions business......
Can China's internet firms balance nationalism with global dreams?
Nationalistic displays by internet giants Baidu and Tencent could complicate their global expansion plans......
Judge approves Gers liquidation
A judge approves a motion for the former Rangers Football Club to be handed over to liquidators......
Pakistan 'cleared' to tour India
India's home ministry clears the way for Pakistan to play its first cricket series in India - a short limited-overs tour - in five years......
VIDEO: Disney buys makers of Star Wars
Disney is buying Lucasfilm, the makers of Star Wars and says it will make a seventh film in the series. The deal was worth more than $4bn......
VIDEO: Can the living cost gap be fixed?
Newsnight's Allegra Stratton investigates what can be done about wages failing to keep up with the cost of living......
VIDEO: Beekeepers stung by low honey yield
A cold, wet summer has led to a huge drop in the amount of honey produced by UK beehives......
VIDEO: Ryanair 'growing like gangbusters'
Budget airline Ryanair is to expand its operation, creating up to one thousand jobs at airports in Liverpool, Manchester and the East Midlands......
AUDIO: 'I need 10,000 in 25 days'
Crowdfunding, or crowdsourcing, is one of the alternative funding models the government has been promoting for small and medium-sized businesses to try and remove their dependence on bank lending......
AUDIO: PM 'facing rebellion over EU'
David Cameron is facing a potential rebellion in the Commons over his policy towards the European Union budget......
VIDEO: Heseltine issues growth challenge
The former Conservative minister has said funds for businesses should be transferred out of London and into the regions......
VIDEO: Film industry boost to UK economy
Film tax relief brings in at least 12 for every 1 spent on it, according to the British Film Commission, with three new creative tax reliefs planned for 2013......
Will China fall flat on its face?
Will China fall flat on its face just like Japan?.....
China ratings firms challenge US dominance
Chinese ratings firms mount challenge to US dominance.....
Selling Kickstarter to the British
Will Britain get on board with crowdfunding site Kickstarter?.....
Hitachi's nuclear deal still faces hurdles
UK's new reactor plans face big hurdles.....
Viewpoint: The rise of alternative economic cultures
The rise of counter-cultural economics.....
How trustees can help charities
How you can help to run a charity.....
U.S. Day Ahead: Back to the earnings grind after Sandy!
Oct 31 - After Hurricane Sandy delayed several companies from reporting earnings, investors get to sift through results from 8 percent of the S&P 500 with two big potential surprises......
Trading at Noon: GM surprises; Sandy recovery begins
Oct 31 - GM soars on Q3 results, Facebook lock-up over, Wall Street open for business among Sandy recovery.....
Cost of Sandy could rise above $20 billion estimate - EQECAT
Oct. 31 - Hurricane Sandy may have caused damage of over $10-$20 billion and could result in losses of more than $5-$10 billion, according to EQECAT, with 30-40% of those costs coming in New York City......
Grim news for Greek recession
Oct.31 - Greece announces its 2013 budget against a backdrop of protests, predicting a worse-than-expected recession in 2013. Ciara Sutton reports......
IKEA to take Scandinavian style to India
Oct. 31 - Swedish furniture retailer IKEA is currently celebrating 25 years in the UK - where some of its iconic products like the Billy Bookcase now feature in many homes. The firm has 338 stores in 40 countries, but its flatpack furniture may be ap.....
Mickey Mouse and Darth Vader join forces
Oct. 31 - Walt Disney has agreed to buy filmmaker George Lucas's Lucasfilm Ltd and the "Star Wars" franchise for $4.05 billion in cash and stock, a blockbuster deal that adds one of the most beloved franchises in entertainment history to Disney's lin.....
Factbox: Seeking a successor for the toughest job in mining
Oct. 31 - The search is on to find a replacement for outgoing Anglo American CEO Cynthia Caroll. With the firm facing troubles galore, whoever gets the nod will inherit one of the toughest jobs in mining......
New York Stock Exchange reopens after Sandy forces two-day closure
Oct. 31 - Financial markets reopen with New York Mayor Michael Bloomberg ringing the opening bell at the New York Stock Exchange after hurricane-turned-superstorm Sandy forced its closure for two days. Rough Cut (no reporter narration)......
High speed ice skates put spring in inventor's step
Oct. 31 - A Canadian inventor has developed ice skates that will greatly increase the speed of skaters on the rink. With high compression springs inserted between the blade and the sole of the boot, skaters will be able to take advantage of their kin.....
Daily Digit: Barclays shares drop 5% on U.S. probe news
Oct. 31 - Barclays, already rocked by an interest rate rigging scandal, unveiled two new U.S. regulatory investigations into the bank's financial probity on Wednesday and said its profit was hit by charges for mis-selling insurance. Hayley Platt repo.....
3XSQ: Home improvement, insurance stocks set for volatile day
Oct 31 - Stocks in home improvement chains look set to lead the S&P 500 index higher, while insurers and re-insurers are seen taking big losses......
Clues to pain relief found in deadly snake venom
Oct. 31 - French scientists say the venom of the Black Mamba, one of the world's deadliest natural poisons, could hold the secret to new forms of pain relief. Jim Drury reports......
Breakingviews: Be decisive, Barclays!
global commentary unit Breakingviews......
Maersk Drilling CEO sees energy quest moving to deeper seas
Maersk Drilling CEO Claus Hemmingsen explains why the deep-sea drilling business is likely to hold up even in uncertain economic times--so well, in fact, that it may struggle to find skilled workers......
China transition won't usher in reform drive: scholar
Oct. 31 - Harvard University professor Roderick MacFarquhar, one of the West's foremost scholars on modern China, says he sees little reason to expect sweeping changes from China's new generation of leaders......
Reuters Today: Barclays may think twice about retail focus
Oct. 31 - In the wake of UBS' retreat from investment banking, Barclays may re-evaluate its new focus on retail, says Praefinium Partners' Alpesh Patel......
China's young capitalists covet Communist Party membership
Oct. 31 - Maoist ideas may appear outdated in a fast-growing and increasingly prosperous China, but ambitious young people still strive to join the Communist Party to forge vital career connections......
Stability more crucial to China than growth: S&P analyst
Oct. 31 - Kim Eng Tan, S&P's Asia-Pacific senior director of sovereign ratings, discusses prospects for the Chinese economy as the country's leadership transition looms......
Reuters Poll: Global funds buy U.S. equities, euro bonds
asset allocation poll shows funds going for U.S. equities and euro zone bonds. BNP Paribas Asset Management's Joost van Leenders and Investment Quorum's Lee Robertson discuss the findings......
U.S. Morning Call: Traders return to NYSE, Nasdaq
Oct 31 - Traders are expecting a volatile trading session when stock exchanges reopen, as some funds mark their fiscal year-end......
Market Pulse: Scary Halloween earnings, but stocks fly high
Oct. 31 - Earnings scream warning signs for the global economy, but European stocks rise for five months in a row, their best run in six years. Plus: Happy Anniversay Super Mario!.....
Wall Street gets ready for business
Oct 30 - U.S. stock markets are expected to get back on their feet on Wednesday with a reopening of the New York Stock Exchange after the worst storm to hit New York City since 1938 left the major financial district without power and under water. Con.....
Daily Digit: Sandy could cost $20b
Oct 30 - Hurricane Sandy may have caused as much as $20 billion in economic losses, according to disaster modeling company Eqecat. Conway G. Gittens reports......
U.S. Day Ahead: U.S. stock markets expect to reopen
Oct 30 - Major U.S. stock exchanges expect to open on Wednesday after a monster storm shut down their trading for two days......
EE brings 4G to UK
Technology Correspondent Matt Cowan reports......
British banks should have been given bigger bailouts
Antony Jenkins, the new Barclays chief executive, has already started referring to episodes in the bank's recent past as "legacy issues", including the latest revelations of regulatory entanglement in the US.<img width='1' height='1' src='http://t.....
Energy shares in focus as BG tumbles
Tullow Oil was one of the biggest risers on the FTSE 100.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2518bb86/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/148658652475/.....
The euro is heading for a permanent state of depression
If the euro survives in its current form, then Mario Draghi, president of the European Central Bank, will surely have earned his place in the history books as one of the chiefs of its salvation.<img width='1' height='1' src='http://telegraph.feeds.....
Debt crisis: as it happened - 31 October, 2012
Conservative MPs have rebelled against Prime Minister David Cameron and voted to back demands for a reduction in EU spending.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25188433/mf.gif' border='0'/><br/.....
Debt crisis: EU budget debate - Live
Speaking in the Commons today, the PM reiterated his stance that he will veto any EU budget deal if he is not satisfied with the outcome, which is at best cut, at worst frozen.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Greek death spiral raises heat for German-bloc creditors
Greece's debt-load is rising much faster than expected as the country spirals into a sixth year of depression, ratcheting up the pressure on Germany and Europe's creditor states to accept debt-forgiveness for the first time.<img width='1' height='.....
Top civil servant at Department for Transport barred from seeing West Coast franchise details
The most senior civil servant at the Department for Transport was kept at "arm's length" from the West Coast franchise competition until just weeks before the contract was controversially awarded to FirstGroup, MPs have heard.<img width='1' height.....
Jobs go at black cab maker Manganese Bronze
Workers at ailing London black cab maker Manganese Bronze were dealt a major blow yesterday as the company's administrators made 156 people redundant with immediate effect.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
BG Group sees 6bn wiped off its value after production warning
BG Group suffers the biggest one-day share price fall in its history after warning that it would see no growth in oil and gas production next year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2517f59e/mf.gif' .....
Panasonic restructures as its warns of 6bn loss
Struggling electronics giant Panasonic has warned it is heading for another near 6bn loss in a dramatic reversal of earlier predictions that it would return to profit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Antony Jenkins remains tight-lipped on Barclays future
After 62 days in the job, Barclays new chief executive, Antony Jenkins, has presented his first set of results since taking charge of the lender in the wake of the Libor-rigging scandal.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Jenkins remains tight-lipped on Barclays future
After 62 days in the job, Barclays new chief executive, Antony Jenkins, has presented his first set of results since taking charge of the lender in the wake of the Libor-rigging scandal.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Next chief executive says consumers are "subdued but not troubled"
The chief executive of Next said British consumers are "subdued but not troubled" by the state of the economy as the fashion retailer reported a recovery in sales in September and October.<img width='1' height='1' src='http://telegraph.feedsportal.....
Lonmin rights issue could be disrupted by short-selling
Lonmin, the platinum miner thrown into crisis by South Africa's strikes, could see its planned $800m (497m) rights issue disrupted by heavy short-selling in its shares, analysts have warned.<img width='1' height='1' src='http://telegraph.feedsport.....
Short interest in Lonmin hangs over rights issue
Lonmin, the platinum miner thrown into crisis by South Africa's strikes, could see its planned $800m (497m) rights issue disrupted by heavy short-selling in its shares, analysts warned.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
GSK to review European operations amid sales fall
Britain's biggest drug maker, GlaxoSmithKline, has announced a review of its European operations as sales fell 8pc in the third quarter, which could lead to significant job cuts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Bank of England's Charlie Bean signals no more QE
The prospect of more money printing has receded after Charlie Bean, the Bank of England's deputy governor, revealed he had doubts about how much growth the policy would deliver.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Bank's Bean signals no more QE
The prospect of more money printing has receded after Charlie Bean, the Bank of England's deputy governor, revealed he had doubts about how much growth the policy would deliver in what could be a key shift at the central bank.<img width='1' height.....
Argentina told to seize up to $19.2bn of assets from Chevron
Ecuador has asked Argentina to seize up to $19.2bn of assets from Chevron in the latest twist in a long-running lawsuit over pollution in the Amazon rainforest.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2517.....
Lakshmi Mittal feels China chill as ArcelorMittal sees loss
Britain's richest man Lakshmi Mittal will miss out on around around $350m (217m) in dividends after his steel giant ArcelorMittal plunged to a loss.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25175504/mf.gif'.....
Kazakhmys chairman Vladimir Kim has 17pc of company shares backing loans
Kazakhmys chairman Vladimir Kim has 17pc of the copper miner's shares backing personal loans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25175507/mf.gif' border='0'/>.....
Kazakhmys chairman uses shares as collateral
Kazakhmys chairman Vladimir Kim has 17pc of the copper miner's shares backing personal loans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25171455/mf.gif' border='0'/><br/><br/><a href="http:.....
Facebook shares drop 4pc as employees offload stock
Facebook shares fell as much as 5pc on Thursday, as many staff who have spent months watching the value of their stakes in the business plummet were finally able to cut their losses.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Break up the banks if ring-fence fails, says policy architect and former Barclays chief Martin Taylor
Britain's lenders will have to be broken up if the ring-fence to protect their retail banking operations from "casino" investment banking proves to be "permeable", warned Martin Taylor, one of the policy's architects.<img width='1' height='1' src=.....
Just 14pc of low-paid men have a workplace pension, TUC finds
Low-paid workers are far less likely than those on higher salaries to have a workplace pension, according to a TUC report.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25166253/mf.gif' border='0'/><br/>.....
Wednesday 31 October 2012
Tuesday 30 October 2012
UK Financial News on 2012-10-30
Scramble for yield drives down buyout borrowing costs
Investor demand for yield has pushed borrowing costs for private equity portfolio companies to among their lowest this year.....
Eurozone hedge funds set for 12% contraction
‘Staggering' underperformance globally has left investors feeling disenchanted.....
Edinburgh goes big on timber
Lothian pension scheme raised its investment in timber from £800,000 to £46m in the year to March, according to newly released council minutes.....
TOM gears up for a bigger slice of Liffe
Dutch trading venue is to launch an attack on one of NYSE Liffe's most popular index option contracts.....
UKFI moves back next door to the taxman
Three years ago it was encouraged to move to its existing offices a mile away, to demonstrate its independence.....
Jefferies reaps its reward from Knight Capital rescue
Jefferies received a $20m advisory fee from the rescue of broker and high-frequency trader Knight Capital.....
HSBC hires head of oil and gas in Europe
Paul Connolly is set to join HSBC as head of oil and gas for Europe, the Middle East and Africa.....
Disney buys firm behind Star Wars
Disney buys Lucasfilm, the company behind Star Wars, from George Lucas for $4.05bn (2.5bn) and will release a seventh Star Wars film in 2015......
Sandy damage estimated at $20bn
Businesses on the US East Coast continue to be disrupted by storm Sandy, with total damage estimated at between $10bn and $20bn (6bn-12bn)......
Hitachi buys UK nuclear project
Japan's Hitachi has bought the UK's Horizon nuclear project from German companies E.On and RWE, giving it rights to build new power plants......
Talks to save London taxi firm
Administrators at the maker of London black cabs, Manganese Bronze, say they are talking to an "encouraging" list of parties interested in its rescue......
'No detail yet' for energy plan
The prime minister announced the "intent, not the detail" of a plan to put energy customers on the cheapest tariff, the energy minister tells MPs......
Negative equity problem 'easing'
The problem of negative equity has eased in the past year, according to research from the Council of Mortgage Lenders......
Swiss bank UBS cuts 10,000 jobs
Swiss bank UBS confirms plans to cut 10,000 job worldwide, including 100 London traders who are made redundant immediately......
Greece reaches austerity accord
Greece reaches agreement with its international creditors on new austerity measures, but the deal needs parliamentary approval......
Europe losses curb Ford profits
Ford and Fiat report higher third quarter profits driven by strong North America sales, while problems in the eurozone continue to hit sales there......
Branston sold by Premier Foods
Premier Foods agrees to sell its Branston range of pickles and sauces to Japanese vinegar company Mizkan, which recently also bought Sarson's......
'I lost control', says UBS trader
An alleged rogue trader accused of gambling away 1.4bn tells a jury how he "lost control in the maelstrom of the financial crisis"......
Apple ousts two key executives
Apple ousts a longtime software architect, as well as the former head of Dixons, in the wake of problems with the firm's mapping software......
Royal Mail to create 1,000 jobs
Royal Mail is to create 1,000 jobs in the UK over the next four years as part of a 75m investment programme for its parcels business......
BP profits fall but dividend up
Oil giant BP reports a fall in profits for the last three months, but increases its shareholder dividend by 12.5%, sending the shares up 5%......
Police fire tear gas at SA mine
Police fire rubber bullets and tear gas to disperse about 1,000 striking miners at a leading platinum mine in South Africa......
Japan gets $138bn stimulus boost
The Bank of Japan takes further stimulus measures amid concerns that Japan's economic recovery may be running out of steam......
Deutsche Bank profit helps shares
Deutsche Bank shares rise more than 3% after its profits - though flat from the same quarter in 2011 - beat analyst expectations......
Bad weather 'hits honey yield'
A cold and wet summer causes a "dramatic fall" in the amount of honey produced by British bees, the British Beekeepers' Association says......
Occupy movement played 'key role'
A top Bank of England official says the Occupy movement has played a key role in financial reformation......
Welfare shake-up 'risks hardship'
Benefit claimants could find themselves "trapped in poverty" as a result of the government's introduction of a new single welfare payment, it is claimed......
Five million 'below living wage'
One in five workers in the UK is paid less than required for a basic standard of living, a KPMG report says......
Child benefit letters to go out
One million households will receive letters from the UK tax authority this week about losing child benefit, with tax experts expecting a flood of calls for advice......
India cuts bank reserve not rates
India's central bank leaves rates unchanged but cuts the amount of money lenders need to keep in reserve in an attempt to boost growth......
Bank loans 'to hit six-year low'
Bank lending to businesses will hit its lowest level this year since 2006, despite government efforts to stimulate lending, a report suggests......
Firms 'upbeat' on overseas growth
UK medium-sized businesses are upbeat about the prospects for international expansion, a survey by accountants BDO suggests......
Baidu posts 60% rise in income
Baidu, China's biggest search engine, sees a 60% rise in quarterly net income as it continues to attract increasing amounts of advertising......
UK's first 4G service launches
Eleven cities around the UK will be able to receive 4G mobile coverage from Tuesday morning, but critics have doubts over its cost......
Singapore Air buys Virgin stake
Singapore Airlines buys a 10% stake in Virgin Australia, as competition heats up in the Australian aviation market......
Murrayfield name change explored
Scottish Rugby considers renaming Murrayfield and says it could generate millions of pounds a year......
Inverness chief upbeat on debts
Inverness chairman Kenny Cameron says the club's financial figures could have been worse despite almost doubling losses......
Germany to host 2015 Solheim Cup
The Solheim Cup, the women's version of the Ryder Cup, will he held in Germany for the first time in 2015......
VIDEO: Speed testing 4G in Manchester
Rory Cellan-Jones speed tests Everything Everywhere's new 4G service as it goes live in Manchester......
VIDEO: How has Ikea changed furniture design?
As Ikea celebrates 25 years since its first store opened in the UK, the Design Museum's Michael Czerwinski evaluates the furniture giant's impact on design......
VIDEO: Royal Mail expanding parcels service
Royal Mail is to create 1,000 jobs in the UK over the next four years as part of a 75m investment programme for its parcels business......
VIDEO: UBS cuts 10,000 staff worldwide
Swiss bank UBS has announced it is cutting 10,000 jobs worldwide as it slims down its investment banking activities......
VIDEO: Leaders welcome nuclear plant deal
Welsh political leaders have welcomed confirmation that Hitachi is to buy nuclear project Horizon on Anglesey, which could create up to 6,000 jobs......
VIDEO: Branston sold by Premier Foods
Premier Foods has agreed to sell its Branston range of pickles and sauces to Japanese company Mizkan for 92.5m......
VIDEO: Tricky times for Foxconn
Taiwan's Hon Hai, which trades under the name Foxconn, is set to report its third quarter earnings, amid unrest amongst its workers and rising production costs......
VIDEO: World's highest power pylon stands tall
The worlds tallest power pylon has recently been completed in Chinas Anhui Province, standing at an impressive 277.5m high......
The hidden costs of a hurricane
The hidden costs of an 80mph hurricane.....
Can China's internet firms balance nationalism with global dreams?
Can China's internet firms balance nationalism with global dreams?.....
India's digital switchover begins
Taking India's 150 million televisions digital.....
Villagers 'buy in' to wind farm
The village encouraged to invest in its local wind farm.....
How do you stop online students cheating?
How do you stop an online student from cheating?.....
Whole-of-life insurance complaints rise
The growing problem with whole-of-life policies.....
U.S. Day Ahead: U.S. stock markets expect to reopen
Oct 30 - Major U.S. stock exchanges expect to open on Wednesday after a monster storm shut down their trading for two days......
EE brings 4G to UK
Technology Correspondent Matt Cowan reports......
Apple enters the true era of the Ive
Oct. 30 - Jonathan Ive takes charge of designing both hardware and software for Apple after the man behind the firm's Maps product is given the boot......
Trading at Noon: Sandy's impact; Cook changes chefs
Oct 30 - We look at the impact of Sandy on the NYSE, and Apple's Tim Cook changes his sous-chef to Jonathan Ive......
The axe falls at UBS - who's next?
Oct. 30 - UBS unveils plans to wind down its fixed income business and fire 10,000 bankers in one of the biggest bonfires of finance jobs since the implosion of Lehman Brothers in 2008. Hayley Platt reports......
Daily Digit: 37m Barclays Libor test case
Oct. 30 - The figure Barclays is being sued for over the alleged mis-selling of interest rate hedging products. It's the first bank to face trial in a British court over the damages stemming from manipulation of the Libor interets rate. Sonia Legg re.....
South African police clash with striking miners
Oct. 30 - Police used rubber bullets and teargas to disperse striking workers at Amplats' Rustenburg mine on Tuesday after a power sub-station was set alight. Sarah Sheffer reports......
In the Boardroom: Change of the guard cuts uncertainty
columnist Lucy Marcus discusses the motives behind quick corporate reshuffles......
Telefonica's launches biggest 2012 IPO
Oct.30 - Shares in Telefonica's O2-branded German unit rise over 3 percent following Europe's biggest initial public offering in more than a year. Ciara Sutton reports......
Factbox: Is Sandy a Democrat or a Republican?
Oct. 30 - Superstorm Sandy is playing havoc with campaigning in the last full week of the race for the White House......
U.S. Morning Call: NYC floods; NYSE tests contingency plan
Oct 30 - New York City streets saw record levels of floodwater, blacking out power to millions of people and bringing transportation to a halt......
Breakingviews: UBS euphoria overdone
Breakingviews......
Reuters Today: Risk assets hold on despite Sandy threat
Oct. 30 - European stocks rise after updates from Swiss bank UBS and UK energy firm BP. Though trading remains thin as superstorm Sandy keeps Wall Street closed for a second day......
Daily digit: 400 mln iOS devices - Forstall's Apple legacy
Oct. 30 - 400 million is the number of devices running Apple's iOS worldwide - but the software's architect, Scott Forstall, is leaving the firm as part of its biggest reshuffle in a decade......
What's behind the shine of China's bank earnings?
Oct. 30 - Although China's big banks are well capitalized, their results have been subject to some window-dressing ahead of a crucial political transition, says Jim Antos, Asia banking analyst at Mizuho......
Amputees get virtual help to 'feel' prosthetic limb
Oct. 30 - Scientists at the Vienna University of Technology have created a virtual reality system designed to help train recent amputees to use their prosthetic limbs. The 3D optical motion capture system was devised in collaboration with prosthetic .....
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......
Sandy shuts down Wall Street
Oct. 29 - Hurricane Sandy hits the U.S. East Coast halting public transport and closing businesses. All U.S. stock exchanges were closed on Monday - it's the first time in 27 years bad weather has forced a market shutdown. Conway G. Gittens reports......
Turbulent politics puts Italy in spotlight
Oct. 29 - Italy's Prime Minister Mario Monti meets Spain's Prime Minister Mariano Rajoy in a bilateral summit where some expect Rome to keep pushing Madrid to seek a bailout in order to lower borrowing costs for other peripheral euro zone countries. .....
U.S. Day Ahead: Sandy closes U.S. equity, bond markets
Oct 29 - Stock market executives, regulators and brokers have agreed to close the U.S. stock markets on Tuesday because of Hurricane Sandy......
Penguin Books and Random House to merge
Oct. 29 - Pearson said it would merge Penguin Books with Bertelsmann's Random House to create the world's leading consumer publisher, a day after Rupert Murdoch's Sunday Times said his News Corp group could bid for Penguin. Matt Cowan reports......
Greek editor in court over Swiss bank list
Oct. 29 - A major Greek newspaper has reprinted the names of 2,000 wealthy Greeks with Swiss bank accounts as the editor who first published the list is told he will stand trial for violating data privacy laws. Sonia Legg reports......
Trading at Noon: Hurricane Sandy's impact on sectors, stocks
Oct 29 - The latest on Hurricane Sandy and on sectors that stand to benefit or lose from the impact of the storm......
Europe Day Ahead: Job cuts and earnings galore
Oct. 29 - Investors brace themselves for expected job cuts from UBS and a slew of corporate earnings from Europe and the U.S......
Daily Digit: 10 billion bill for banks who mis-sold
Oct. 29 - The compensation bill lenders have had to pay for mis-sold payment protection insurance is reportedly set to surpass 10 billion pounds this week, putting it on course to become the most aggressively mis-sold product in UK banking history. H.....
Hitachi unveils 20bn plan to build nuclear reactors in the UK
Japan's Hitachi has revived Britain's ailing nuclear power ambitions with plans to invest 20bn in building at least four reactors in the UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250dab5f/mf.gif' border=.....
Walt Disney buys Lucasfilm for $4bn and will release new Star Wars films
George Lucas has sold the film production company behind Star Wars to The Walt Disney Company in a deal worth $4bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250dab65/mf.gif' border='0'/><br/><br.....
BP rewards 'patient' shareholders by raising dividend as profits beat expectations
BP rewarded its "patient" shareholders by raising its dividend as its third-quarter results resoundingly beat market expectations, sending the group's shares up sharply.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Aggreko rises as investors gauge storm impact
The temporary power provider could benefit from the US devastation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d9813/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/148.....
Retailers face new 'poll tax' over business rates revaluation
Under-pressure shops in Britain face the "retail equivalent of the poll tax" if the Government presses ahead with plans to halt a revaluation of business rates, according to MPs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Superstorm Sandy: Wall Street to reopen on Wednesday
Wall Street will reopen on Wednesday as the world's financial capital takes a first step in a recovery that Mayor Mike Bloomberg warned will take many days.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d981a.....
Financial Times imposes recruitment freeze amid ad slump fears
The Financial Times has imposed a recruitment freeze and ordered staff to cut travel costs, amid concerns over its advertising revenues.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d9828/mf.gif' border='0'/.....
Spain sinks deeper into recession in third quarter
Spain has slipped deeper into recession as the financial crisis and austerity weighs on the embattled country's economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d20d3/mf.gif' border='0'/><br/>&.....
Hungary plans to offer passports to investors buying its debt
Latest plan from Hungary's politicians to shore up balance sheet.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d20d4/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/14865.....
Suitors line up for troubled black cab maker Manganese Bronze
Buyers are queuing up to salvage a future for embattled black cab maker Manganese Bronze, its administrator PricewaterhouseCoopers has claimed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d20d6/mf.gif' bord.....
Standard Chartered on course for record profits despite US fine
Standard Chartered said its operating profits for the first nine months of the year had grown by a "mid single-digit rate" before taking into account the impact of a $340m (212m) fine to settle allegations it broke US sanctions.<img width='1' heig.....
West Coast figures cast fresh doubt over Department for Transport decisions
Subdued half-year revenue figures for the beleaguered West Coast Main Line have raised further questions over why the Department for Transport accepted a bid that promised annual growth of 10.4pc.<img width='1' height='1' src='http://telegraph.fee.....
HBOS whistleblower was 'abused' by top executive
Managers at HBOS were routinely threatened and abused by colleagues and senior executives at the lender in the years leading up to its collapse, according to a former head of risk at the bank.<img width='1' height='1' src='http://telegraph.feedspo.....
UBS bankers in London head for the pub after being turned away at office door
UBS bankers in London were turned away from their offices on Tuesday and handed a letter putting them on "special leave", just hours after the Swiss bank unveiled a radical restructuring to axe 10,000 jobs.<img width='1' height='1' src='http://tel.....
Debt crisis: as it happened - October 30, 2012
Spain's economy shrank for a fifth straight quarter in July to September, undermining efforts to plug the budget deficit that is pushing the nation closer to a bailout.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Banks are wrong on PPI 'fraud', says top ombudsman Natalie Ceeney
Britain's top financial ombudsman has questioned allegations by high street lenders that many of the claims against them for payment protection insurance compensation are fraudulent.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Banks are wrong on PPI 'fraud', says top ombudsman
Britain's top financial ombudsman has questioned allegations by high street lenders that many of the claims against them for payment protection insurance compensation are fraudulent.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Francois Hollande pushes for 160pc rise in beer taxes
French president wants to fund struggling social programmes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250cfdb0/mf.gif' border='0'/>.....
Our tax system is a chain around the economy's ankles
France's tyrannical Sun King knew how to pick his finance ministers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250cd5ad/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/14.....
Debt crisis: Spanish recession deepens - live
Spain's economy shrank for a fifth straight quarter in July to September, undermining efforts to plug the budget deficit that is pushing the nation closer to a bailout.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Your credit card details at risk as companies store them unwittingly
Shoppers' credit card details are at risk of being stolen because companies are storing them without realising, according to research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250bdc7d/mf.gif' border='0'/&g.....
Superstorm Sandy: Clean-up could offset hit to US growth
The clean-up operation from Superstorm Sandy could offset the expected significant short-term damage to the US economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250ba54e/mf.gif' border='0'/>.....
IntraLinks
IntraLinks has become the dominant platform for secure document and information exchanges.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250ba552/mf.gif' border='0'/>.....
How not to get a job
Recruiters say one of their biggest turn-offs is candidates applying for jobs that are way above their experience level - with many blacklisting candidates who do so.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Black cab maker Manganese Bronze appoints PwC as administrator
Manganese Bronze, the maker of London's iconic black cabs, has appointed PricewaterhouseCoopers as administrators after talks to secure funding were unsuccessful.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25.....
Investor demand for yield has pushed borrowing costs for private equity portfolio companies to among their lowest this year.....
Eurozone hedge funds set for 12% contraction
‘Staggering' underperformance globally has left investors feeling disenchanted.....
Edinburgh goes big on timber
Lothian pension scheme raised its investment in timber from £800,000 to £46m in the year to March, according to newly released council minutes.....
TOM gears up for a bigger slice of Liffe
Dutch trading venue is to launch an attack on one of NYSE Liffe's most popular index option contracts.....
UKFI moves back next door to the taxman
Three years ago it was encouraged to move to its existing offices a mile away, to demonstrate its independence.....
Jefferies reaps its reward from Knight Capital rescue
Jefferies received a $20m advisory fee from the rescue of broker and high-frequency trader Knight Capital.....
HSBC hires head of oil and gas in Europe
Paul Connolly is set to join HSBC as head of oil and gas for Europe, the Middle East and Africa.....
Disney buys firm behind Star Wars
Disney buys Lucasfilm, the company behind Star Wars, from George Lucas for $4.05bn (2.5bn) and will release a seventh Star Wars film in 2015......
Sandy damage estimated at $20bn
Businesses on the US East Coast continue to be disrupted by storm Sandy, with total damage estimated at between $10bn and $20bn (6bn-12bn)......
Hitachi buys UK nuclear project
Japan's Hitachi has bought the UK's Horizon nuclear project from German companies E.On and RWE, giving it rights to build new power plants......
Talks to save London taxi firm
Administrators at the maker of London black cabs, Manganese Bronze, say they are talking to an "encouraging" list of parties interested in its rescue......
'No detail yet' for energy plan
The prime minister announced the "intent, not the detail" of a plan to put energy customers on the cheapest tariff, the energy minister tells MPs......
Negative equity problem 'easing'
The problem of negative equity has eased in the past year, according to research from the Council of Mortgage Lenders......
Swiss bank UBS cuts 10,000 jobs
Swiss bank UBS confirms plans to cut 10,000 job worldwide, including 100 London traders who are made redundant immediately......
Greece reaches austerity accord
Greece reaches agreement with its international creditors on new austerity measures, but the deal needs parliamentary approval......
Europe losses curb Ford profits
Ford and Fiat report higher third quarter profits driven by strong North America sales, while problems in the eurozone continue to hit sales there......
Branston sold by Premier Foods
Premier Foods agrees to sell its Branston range of pickles and sauces to Japanese vinegar company Mizkan, which recently also bought Sarson's......
'I lost control', says UBS trader
An alleged rogue trader accused of gambling away 1.4bn tells a jury how he "lost control in the maelstrom of the financial crisis"......
Apple ousts two key executives
Apple ousts a longtime software architect, as well as the former head of Dixons, in the wake of problems with the firm's mapping software......
Royal Mail to create 1,000 jobs
Royal Mail is to create 1,000 jobs in the UK over the next four years as part of a 75m investment programme for its parcels business......
BP profits fall but dividend up
Oil giant BP reports a fall in profits for the last three months, but increases its shareholder dividend by 12.5%, sending the shares up 5%......
Police fire tear gas at SA mine
Police fire rubber bullets and tear gas to disperse about 1,000 striking miners at a leading platinum mine in South Africa......
Japan gets $138bn stimulus boost
The Bank of Japan takes further stimulus measures amid concerns that Japan's economic recovery may be running out of steam......
Deutsche Bank profit helps shares
Deutsche Bank shares rise more than 3% after its profits - though flat from the same quarter in 2011 - beat analyst expectations......
Bad weather 'hits honey yield'
A cold and wet summer causes a "dramatic fall" in the amount of honey produced by British bees, the British Beekeepers' Association says......
Occupy movement played 'key role'
A top Bank of England official says the Occupy movement has played a key role in financial reformation......
Welfare shake-up 'risks hardship'
Benefit claimants could find themselves "trapped in poverty" as a result of the government's introduction of a new single welfare payment, it is claimed......
Five million 'below living wage'
One in five workers in the UK is paid less than required for a basic standard of living, a KPMG report says......
Child benefit letters to go out
One million households will receive letters from the UK tax authority this week about losing child benefit, with tax experts expecting a flood of calls for advice......
India cuts bank reserve not rates
India's central bank leaves rates unchanged but cuts the amount of money lenders need to keep in reserve in an attempt to boost growth......
Bank loans 'to hit six-year low'
Bank lending to businesses will hit its lowest level this year since 2006, despite government efforts to stimulate lending, a report suggests......
Firms 'upbeat' on overseas growth
UK medium-sized businesses are upbeat about the prospects for international expansion, a survey by accountants BDO suggests......
Baidu posts 60% rise in income
Baidu, China's biggest search engine, sees a 60% rise in quarterly net income as it continues to attract increasing amounts of advertising......
UK's first 4G service launches
Eleven cities around the UK will be able to receive 4G mobile coverage from Tuesday morning, but critics have doubts over its cost......
Singapore Air buys Virgin stake
Singapore Airlines buys a 10% stake in Virgin Australia, as competition heats up in the Australian aviation market......
Murrayfield name change explored
Scottish Rugby considers renaming Murrayfield and says it could generate millions of pounds a year......
Inverness chief upbeat on debts
Inverness chairman Kenny Cameron says the club's financial figures could have been worse despite almost doubling losses......
Germany to host 2015 Solheim Cup
The Solheim Cup, the women's version of the Ryder Cup, will he held in Germany for the first time in 2015......
VIDEO: Speed testing 4G in Manchester
Rory Cellan-Jones speed tests Everything Everywhere's new 4G service as it goes live in Manchester......
VIDEO: How has Ikea changed furniture design?
As Ikea celebrates 25 years since its first store opened in the UK, the Design Museum's Michael Czerwinski evaluates the furniture giant's impact on design......
VIDEO: Royal Mail expanding parcels service
Royal Mail is to create 1,000 jobs in the UK over the next four years as part of a 75m investment programme for its parcels business......
VIDEO: UBS cuts 10,000 staff worldwide
Swiss bank UBS has announced it is cutting 10,000 jobs worldwide as it slims down its investment banking activities......
VIDEO: Leaders welcome nuclear plant deal
Welsh political leaders have welcomed confirmation that Hitachi is to buy nuclear project Horizon on Anglesey, which could create up to 6,000 jobs......
VIDEO: Branston sold by Premier Foods
Premier Foods has agreed to sell its Branston range of pickles and sauces to Japanese company Mizkan for 92.5m......
VIDEO: Tricky times for Foxconn
Taiwan's Hon Hai, which trades under the name Foxconn, is set to report its third quarter earnings, amid unrest amongst its workers and rising production costs......
VIDEO: World's highest power pylon stands tall
The worlds tallest power pylon has recently been completed in Chinas Anhui Province, standing at an impressive 277.5m high......
The hidden costs of a hurricane
The hidden costs of an 80mph hurricane.....
Can China's internet firms balance nationalism with global dreams?
Can China's internet firms balance nationalism with global dreams?.....
India's digital switchover begins
Taking India's 150 million televisions digital.....
Villagers 'buy in' to wind farm
The village encouraged to invest in its local wind farm.....
How do you stop online students cheating?
How do you stop an online student from cheating?.....
Whole-of-life insurance complaints rise
The growing problem with whole-of-life policies.....
U.S. Day Ahead: U.S. stock markets expect to reopen
Oct 30 - Major U.S. stock exchanges expect to open on Wednesday after a monster storm shut down their trading for two days......
EE brings 4G to UK
Technology Correspondent Matt Cowan reports......
Apple enters the true era of the Ive
Oct. 30 - Jonathan Ive takes charge of designing both hardware and software for Apple after the man behind the firm's Maps product is given the boot......
Trading at Noon: Sandy's impact; Cook changes chefs
Oct 30 - We look at the impact of Sandy on the NYSE, and Apple's Tim Cook changes his sous-chef to Jonathan Ive......
The axe falls at UBS - who's next?
Oct. 30 - UBS unveils plans to wind down its fixed income business and fire 10,000 bankers in one of the biggest bonfires of finance jobs since the implosion of Lehman Brothers in 2008. Hayley Platt reports......
Daily Digit: 37m Barclays Libor test case
Oct. 30 - The figure Barclays is being sued for over the alleged mis-selling of interest rate hedging products. It's the first bank to face trial in a British court over the damages stemming from manipulation of the Libor interets rate. Sonia Legg re.....
South African police clash with striking miners
Oct. 30 - Police used rubber bullets and teargas to disperse striking workers at Amplats' Rustenburg mine on Tuesday after a power sub-station was set alight. Sarah Sheffer reports......
In the Boardroom: Change of the guard cuts uncertainty
columnist Lucy Marcus discusses the motives behind quick corporate reshuffles......
Telefonica's launches biggest 2012 IPO
Oct.30 - Shares in Telefonica's O2-branded German unit rise over 3 percent following Europe's biggest initial public offering in more than a year. Ciara Sutton reports......
Factbox: Is Sandy a Democrat or a Republican?
Oct. 30 - Superstorm Sandy is playing havoc with campaigning in the last full week of the race for the White House......
U.S. Morning Call: NYC floods; NYSE tests contingency plan
Oct 30 - New York City streets saw record levels of floodwater, blacking out power to millions of people and bringing transportation to a halt......
Breakingviews: UBS euphoria overdone
Breakingviews......
Reuters Today: Risk assets hold on despite Sandy threat
Oct. 30 - European stocks rise after updates from Swiss bank UBS and UK energy firm BP. Though trading remains thin as superstorm Sandy keeps Wall Street closed for a second day......
Daily digit: 400 mln iOS devices - Forstall's Apple legacy
Oct. 30 - 400 million is the number of devices running Apple's iOS worldwide - but the software's architect, Scott Forstall, is leaving the firm as part of its biggest reshuffle in a decade......
What's behind the shine of China's bank earnings?
Oct. 30 - Although China's big banks are well capitalized, their results have been subject to some window-dressing ahead of a crucial political transition, says Jim Antos, Asia banking analyst at Mizuho......
Amputees get virtual help to 'feel' prosthetic limb
Oct. 30 - Scientists at the Vienna University of Technology have created a virtual reality system designed to help train recent amputees to use their prosthetic limbs. The 3D optical motion capture system was devised in collaboration with prosthetic .....
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......
Sandy shuts down Wall Street
Oct. 29 - Hurricane Sandy hits the U.S. East Coast halting public transport and closing businesses. All U.S. stock exchanges were closed on Monday - it's the first time in 27 years bad weather has forced a market shutdown. Conway G. Gittens reports......
Turbulent politics puts Italy in spotlight
Oct. 29 - Italy's Prime Minister Mario Monti meets Spain's Prime Minister Mariano Rajoy in a bilateral summit where some expect Rome to keep pushing Madrid to seek a bailout in order to lower borrowing costs for other peripheral euro zone countries. .....
U.S. Day Ahead: Sandy closes U.S. equity, bond markets
Oct 29 - Stock market executives, regulators and brokers have agreed to close the U.S. stock markets on Tuesday because of Hurricane Sandy......
Penguin Books and Random House to merge
Oct. 29 - Pearson said it would merge Penguin Books with Bertelsmann's Random House to create the world's leading consumer publisher, a day after Rupert Murdoch's Sunday Times said his News Corp group could bid for Penguin. Matt Cowan reports......
Greek editor in court over Swiss bank list
Oct. 29 - A major Greek newspaper has reprinted the names of 2,000 wealthy Greeks with Swiss bank accounts as the editor who first published the list is told he will stand trial for violating data privacy laws. Sonia Legg reports......
Trading at Noon: Hurricane Sandy's impact on sectors, stocks
Oct 29 - The latest on Hurricane Sandy and on sectors that stand to benefit or lose from the impact of the storm......
Europe Day Ahead: Job cuts and earnings galore
Oct. 29 - Investors brace themselves for expected job cuts from UBS and a slew of corporate earnings from Europe and the U.S......
Daily Digit: 10 billion bill for banks who mis-sold
Oct. 29 - The compensation bill lenders have had to pay for mis-sold payment protection insurance is reportedly set to surpass 10 billion pounds this week, putting it on course to become the most aggressively mis-sold product in UK banking history. H.....
Hitachi unveils 20bn plan to build nuclear reactors in the UK
Japan's Hitachi has revived Britain's ailing nuclear power ambitions with plans to invest 20bn in building at least four reactors in the UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250dab5f/mf.gif' border=.....
Walt Disney buys Lucasfilm for $4bn and will release new Star Wars films
George Lucas has sold the film production company behind Star Wars to The Walt Disney Company in a deal worth $4bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250dab65/mf.gif' border='0'/><br/><br.....
BP rewards 'patient' shareholders by raising dividend as profits beat expectations
BP rewarded its "patient" shareholders by raising its dividend as its third-quarter results resoundingly beat market expectations, sending the group's shares up sharply.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Aggreko rises as investors gauge storm impact
The temporary power provider could benefit from the US devastation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d9813/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/148.....
Retailers face new 'poll tax' over business rates revaluation
Under-pressure shops in Britain face the "retail equivalent of the poll tax" if the Government presses ahead with plans to halt a revaluation of business rates, according to MPs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Superstorm Sandy: Wall Street to reopen on Wednesday
Wall Street will reopen on Wednesday as the world's financial capital takes a first step in a recovery that Mayor Mike Bloomberg warned will take many days.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d981a.....
Financial Times imposes recruitment freeze amid ad slump fears
The Financial Times has imposed a recruitment freeze and ordered staff to cut travel costs, amid concerns over its advertising revenues.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d9828/mf.gif' border='0'/.....
Spain sinks deeper into recession in third quarter
Spain has slipped deeper into recession as the financial crisis and austerity weighs on the embattled country's economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d20d3/mf.gif' border='0'/><br/>&.....
Hungary plans to offer passports to investors buying its debt
Latest plan from Hungary's politicians to shore up balance sheet.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d20d4/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/14865.....
Suitors line up for troubled black cab maker Manganese Bronze
Buyers are queuing up to salvage a future for embattled black cab maker Manganese Bronze, its administrator PricewaterhouseCoopers has claimed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250d20d6/mf.gif' bord.....
Standard Chartered on course for record profits despite US fine
Standard Chartered said its operating profits for the first nine months of the year had grown by a "mid single-digit rate" before taking into account the impact of a $340m (212m) fine to settle allegations it broke US sanctions.<img width='1' heig.....
West Coast figures cast fresh doubt over Department for Transport decisions
Subdued half-year revenue figures for the beleaguered West Coast Main Line have raised further questions over why the Department for Transport accepted a bid that promised annual growth of 10.4pc.<img width='1' height='1' src='http://telegraph.fee.....
HBOS whistleblower was 'abused' by top executive
Managers at HBOS were routinely threatened and abused by colleagues and senior executives at the lender in the years leading up to its collapse, according to a former head of risk at the bank.<img width='1' height='1' src='http://telegraph.feedspo.....
UBS bankers in London head for the pub after being turned away at office door
UBS bankers in London were turned away from their offices on Tuesday and handed a letter putting them on "special leave", just hours after the Swiss bank unveiled a radical restructuring to axe 10,000 jobs.<img width='1' height='1' src='http://tel.....
Debt crisis: as it happened - October 30, 2012
Spain's economy shrank for a fifth straight quarter in July to September, undermining efforts to plug the budget deficit that is pushing the nation closer to a bailout.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Banks are wrong on PPI 'fraud', says top ombudsman Natalie Ceeney
Britain's top financial ombudsman has questioned allegations by high street lenders that many of the claims against them for payment protection insurance compensation are fraudulent.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Banks are wrong on PPI 'fraud', says top ombudsman
Britain's top financial ombudsman has questioned allegations by high street lenders that many of the claims against them for payment protection insurance compensation are fraudulent.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Francois Hollande pushes for 160pc rise in beer taxes
French president wants to fund struggling social programmes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250cfdb0/mf.gif' border='0'/>.....
Our tax system is a chain around the economy's ankles
France's tyrannical Sun King knew how to pick his finance ministers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250cd5ad/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/14.....
Debt crisis: Spanish recession deepens - live
Spain's economy shrank for a fifth straight quarter in July to September, undermining efforts to plug the budget deficit that is pushing the nation closer to a bailout.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Your credit card details at risk as companies store them unwittingly
Shoppers' credit card details are at risk of being stolen because companies are storing them without realising, according to research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250bdc7d/mf.gif' border='0'/&g.....
Superstorm Sandy: Clean-up could offset hit to US growth
The clean-up operation from Superstorm Sandy could offset the expected significant short-term damage to the US economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250ba54e/mf.gif' border='0'/>.....
IntraLinks
IntraLinks has become the dominant platform for secure document and information exchanges.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250ba552/mf.gif' border='0'/>.....
How not to get a job
Recruiters say one of their biggest turn-offs is candidates applying for jobs that are way above their experience level - with many blacklisting candidates who do so.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Black cab maker Manganese Bronze appoints PwC as administrator
Manganese Bronze, the maker of London's iconic black cabs, has appointed PricewaterhouseCoopers as administrators after talks to secure funding were unsuccessful.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25.....
Monday 29 October 2012
UK Financial News on 2012-10-29
Scramble for yield drives down buyout borrowing costs
Investor demand for yield has pushed borrowing costs for private equity portfolio companies to among their lowest this year.....
Eurozone hedge funds set for 12% contraction
‘Staggering' underperformance globally has left investors feeling disenchanted.....
Edinburgh goes big on timber
Lothian pension scheme raised its investment in timber from £800,000 to £46m in the year to March, according to newly released council minutes.....
TOM gears up for a bigger slice of Liffe
Dutch trading venue is to launch an attack on one of NYSE Liffe's most popular index option contracts.....
UKFI moves back next door to the taxman
Three years ago it was encouraged to move to its existing offices a mile away, to demonstrate its independence.....
Jefferies reaps its reward from Knight Capital rescue
Jefferies received a $20m advisory fee from the rescue of broker and high-frequency trader Knight Capital.....
HSBC hires head of oil and gas in Europe
Paul Connolly is set to join HSBC as head of oil and gas for Europe, the Middle East and Africa.....
Book merger 'will not be blocked'
Penguin and Random House, which are merging to form one of the world's biggest publishers, are confident of regulatory approval but will sell "bits and pieces" if necessary......
Occupy movement played 'key role'
A top Bank of England official says the Occupy movement has played a key role in financial reformation......
Hurricane to close markets again
Hurricane Sandy has severely disrupted financial dealings in the US and is set to close stock exchanges for a second day......
Five million 'below living wage'
One in five workers in the UK is paid less than required for a basic standard of living, a KPMG report says......
Rail franchise deal 'was flawed'
An interim investigation into the West Coast Main Line franchise process finds "significant errors", the transport secretary says......
Inquiry into ferry firm takeover
Eurotunnel's takeover of Sea France assets is referred to the Competition Commission over worries that cross-Channel travellers could face higher fares......
Child benefit letters to go out
One million households will receive letters from the UK tax authority this week about losing child benefit, with tax experts expecting a flood of calls for advice......
Talks on new local paper business
Trinity Mirror says it is discussing with the owner of the Daily Mail plans for the creation of a new local newspaper group......
Islands row to hit Honda profits
Honda cuts is annual profit forecast after anti-Japan protests in China hurt its sales in the country, its second-largest market......
Bank loans 'to hit six-year low'
Bank lending to businesses will hit its lowest level this year since 2006, despite government efforts to stimulate lending, a report suggests......
High Street taskforce begins work
Senior figures from across the banking, retail and property sectors sign up to a new industry-wide group, the Distressed Retail Property Taskforce......
Economy 'shows signs of optimism'
There is "reason for some optimism" for the UK economy, says the Bank of England's deputy governor Charlie Bean, but warns against "over-excitement"......
China's Sinopec in profit decline
Sinopec, Asia's largest refiner, posts a decline in profits, as demand for petrochemicals suffers in China's slowing economy......
Draghi backs super-commissioner
European Central Bank President Mario Draghi backs calls for a eurozone super-commissioner with the power to veto government budgets......
Firms 'upbeat' on overseas growth
UK medium-sized businesses are upbeat about the prospects for international expansion, a survey by accountants BDO suggests......
Childcare 'hits second earners'
A think tank says the cost of childcare is making work "hardly worthwhile" for a growing number of second earners in middle and low income families......
China halts project amid protests
Days of protests against the expansion of a petrochemical plant in eastern China force authorities to shelve the project......
UBS 'to announce 10,000 job cuts'
Swiss bank UBS reportedly plans to announce up to 10,000 job cuts worldwide as it slims down its investment banking activities......
VIDEO: Penguin and Random House to merge
Two of the world's biggest publishers have agreed a tie-up which will see their book businesses combined......
AUDIO: 'Staff cornered me' on living wage
One in five workers in the UK are paid less than the living wage, new research from accountancy firm KPMG shows......
VIDEO: High Street taskforce focus on towns
Senior figures from across the banking, retail and property sectors have signed up to a new industry-wide group, the Distressed Retail Property Taskforce, to find ways to rejuvenate failing town centres......
VIDEO: Tablets taking over from newspapers?
More newspapers and magazines are moving online - some behind a paywall - and rumours are circulating that The Guardian could be one of the next to ditch its paper-based publication......
VIDEO: 'One in five' paid less than living wage
One in five workers in the UK is paid less than required for a basic standard of living, a report has claimed......
VIDEO: Heathrow Airport makes profit
Europe's busiest airport has returned to profit after making 110m ($180m) in the three months up to September......
VIDEO: Mail order customers victims of 'scam'
Customers of a mail order company were told they were winners of cash prizes but now believe they were victims of a scam......
Villagers 'buy in' to wind farm
The village encouraged to invest in its local wind farm.....
How do you stop online students cheating?
How do you stop an online student from cheating?.....
Whole-of-life insurance complaints rise
The growing problem with whole-of-life policies.....
Sandy shuts down Wall Street
Oct. 29 - Hurricane Sandy hits the U.S. East Coast halting public transport and closing businesses. All U.S. stock exchanges were closed on Monday - it's the first time in 27 years bad weather has forced a market shutdown. Conway G. Gittens reports......
Turbulent politics puts Italy in spotlight
Oct. 29 - Italy's Prime Minister Mario Monti meets Spain's Prime Minister Mariano Rajoy in a bilateral summit where some expect Rome to keep pushing Madrid to seek a bailout in order to lower borrowing costs for other peripheral euro zone countries. .....
U.S. Day Ahead: Sandy closes U.S. equity, bond markets
Oct 29 - Stock market executives, regulators and brokers have agreed to close the U.S. stock markets on Tuesday because of Hurricane Sandy......
Penguin Books and Random House to merge
Oct. 29 - Pearson said it would merge Penguin Books with Bertelsmann's Random House to create the world's leading consumer publisher, a day after Rupert Murdoch's Sunday Times said his News Corp group could bid for Penguin. Matt Cowan reports......
Greek editor in court over Swiss bank list
Oct. 29 - A major Greek newspaper has reprinted the names of 2,000 wealthy Greeks with Swiss bank accounts as the editor who first published the list is told he will stand trial for violating data privacy laws. Sonia Legg reports......
Trading at Noon: Hurricane Sandy's impact on sectors, stocks
Oct 29 - The latest on Hurricane Sandy and on sectors that stand to benefit or lose from the impact of the storm......
Europe Day Ahead: Job cuts and earnings galore
Oct. 29 - Investors brace themselves for expected job cuts from UBS and a slew of corporate earnings from Europe and the U.S......
Daily Digit: 10 billion bill for banks who mis-sold
Oct. 29 - The compensation bill lenders have had to pay for mis-sold payment protection insurance is reportedly set to surpass 10 billion pounds this week, putting it on course to become the most aggressively mis-sold product in UK banking history. H.....
Factbox: Nothing Random about Penguin megamerger
Oct. 29 - Penguin and Random House merge to create the world's largest publisher, disappointing analysts who hoped Rupert Murdoch's News Corp would make a bid......
Japanese company brings personal touch to teleconferencing
Oct. 29 - Teleconferencing has become an integral part of doing business around the world but in Japan, one tech company is making the experience more intimate than ever before. NTT Computer Science Laboratories is bringing body language to long dist.....
U.S. Morning Call: Hurricane Sandy shutters U.S. markets
Oct 29 - The threat of Hurricane Sandy has forced the NYSE to close for the day and the U.S. bond markets are slated to close at noon......
Breakingviews: Financial shrinkage lead by UBS
Breakingviews......
Reuters Today: Sandy shuts markets, businesses, schools
Oct. 29 - U.S. stock markets close as "super storm" Sandy is expected to slam into the U.S. East Coast on Monday night. Plus fixed income operations help Nomura post fourth straight quarterly profit......
Sany Heavy set to dig into overseas opportunities: president
Oct. 29 - The president of China's biggest construction equipment maker says its strong exports and overseas businesses point to an economic recovery, and that the firm is ready to expand further abroad......
Daily digit: Hong Kong slaps 15% tax on foreign home buyers
Oct. 29 - The Hong Kong government has taken its toughest steps yet to cool a red-hot property sector, but with so much hot money flowing into Asia, taming the market may be difficult. Tessa Dunlop reports......
Market Pulse: Sentiment sours as Sandy shuts U.S.
Oct. 29 - Weak company results and a strong hurricane approaching the U.S. send investors seeking safety. Plus why Spain is in for more pain......
Taking rescue robots through the paces
Oct. 28 - When disaster strikes deep underground, mining robots designed by Canada's Penguin Automated Systems Inc can be deployed to sift through rubble and assess damages. Mounted with cameras and laser scanners, the rugged robots can go where peop.....
Scientists see healthy future for dissolvable electronics
Oct. 28 - Scientists in the United States who have developed electronics that dissolve inside the body, say they will one day replace conventional materials for use as medical implants. Encased in silk, the electronics could be adapted to monitor inf.....
Former Dixons boss John Browett leaves Apple after just five months
Former Dixons boss was handed a $56m 'golden hello' for taking job.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2503a0d0/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/148.....
Save us from intervention as Tarzan dines on past glories
On becoming president of the Board of Trade in 1992, Michael Heseltine famously promised "to intervene before breakfast, dinner and tea" to help British companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Libor: Judge forces Barclays to reveal names of staff involved in rate rigging
Barclays will be forced to disclose the names of staff involved in Libor rigging, following a damning court judgment over claims it mis-sold interest rate swaps to a care home operator.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Department for Transport knew it risked legal challenge over West Coast franchise
The Department for Transport knew seven months ago that it did not have the correct methods to evaluate bids for the West Coast rail franchise and that it risked a legal challenge from train operators.<img width='1' height='1' src='http://telegrap.....
Technology shares rise to the top as markets lie calm before the storm
Technology companies outperformed a quiet market on Monday as anticipation of Hurricane Sandy kept trading volumes exceptionally low.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502cfc7/mf.gif' border='0'/>.....
Russia offers to build Britain's nuclear power stations
Moscow has offered to help Britain build nuclear power stations in partnership with Rolls-Royce, Russia's deputy prime minister Igor Shuvalov has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502fdb5/mf.g.....
Russia offers to build Britain's nuclear power stations
Moscow has offered to help Britain build nuclear power stations in partnership with Rolls Royce, said Russia's deputy prime minister Igor Shuvalov.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502c7ed/mf.gif' .....
Lenders threaten Hibu with winding-up order
Lenders to Hibu, the owner of Yellow Pages, have threatened to scupper a restructuring of the company and launch winding-up proceedings against it because of a row over debt repayments.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
CVC chairman Michael Smith steps down after 30 years
The veteran chairman of private equity firm CVC Capital Partners is to retire after 30 years with the company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502fdb7/mf.gif' border='0'/>.....
CVC chairman steps down after 30 years
The veteran chairman of private equity firm CVC Capital Partners is to retire after 30 years with the company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502c7ee/mf.gif' border='0'/><br/><br/>.....
European markets fall on growth fears and US superstorm
The FTSE 100 and other European stock markets fell on Monday as investors fretted about the slowdown in eurozone and global economy, corporate earnings and the superstorm developing over the eastern United States.<img width='1' height='1' src='htt.....
Debt crisis: Greece must have debt relief, leaders to tell Angela Merkel
A delegation of leaders are to warn Angela Merkel that Germany must agree to Greek debt relief or risk plunging the eurozone into a fresh and more dangerous phase of the crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Honda sales suffer from anti-Japan backlash in China
Honda has warned profits will be sharply lower in the full year than it previously expected after sales in China were hit by an anti-Japan backlash and weak demand in Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Debt crisis: as it happened - 29 October, 2012
Mario Monti and Mariano Rajoy were both cool on German plans to allow the EU to intervene in countries' budgets and propose changes before they are agreed in parliaments.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Biggest firms 'improving payment times'
Large companies are finally addressing their poor payment practices towards suppliers, according to an analysis by Experian.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25023f3f/mf.gif' border='0'/><br/&.....
Spain's Rajoy rules out imminent request for help
Spain has no immediate need to ask for outside aid to help deal with its debts, prime minister Mariano Rajoy insisted on Monday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25020b1a/mf.gif' border='0'/><.....
FSA curb on investments could cut SMEs' funds
Investment firms have warned that a plan to limit the marketing of tax-efficient investment schemes could "severely restrict" a key source of funds for small businesses.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
UK construction sector should improve soon, says Bank of England's Ben Broadbent
The British construction sector, which has been the main drag on the economy this year, should improve soon, Bank of England policymaker Ben Broadbent has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2501.....
Debt crisis: Italy and Spain cool on 'super commissioner' plans - live
Mario Monti and Mariano Rajoy were both cool on German plans to allow the EU to intervene in countries' budgets and propose changes before they are agreed in parliaments.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Polymetal loses 700 tonnes of gold ore after ship goes missing
A FTSE 100 miner has lost 700 tonnes of gold ore after a cargo ship went missing off the coast of Russia.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25020b1d/mf.gif' border='0'/>.....
Polymetal loses 700 tonnes of gold after ship goes missing
A FTSE 100 miner has lost 700 tonnes of gold after a cargo ship went missing off the coast of Russia.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2501eba6/mf.gif' border='0'/>.....
Heathrow rejects Gatwick rail link plan
Heathrow, the airports group rebranded from BAA, has dismissed proposals for a "dual hub" system in London that would see passengers transferred to smaller rivals such as Stansted or Gatwick.<img width='1' height='1' src='http://telegraph.feedspor.....
Heathrow rejects idea of dual hub for London
Heathrow, the airports group rebranded from BAA, has dismissed proposals for a "dual hub" system in London that would see passengers transferred to smaller rivals such as Stansted or Gatwick.<img width='1' height='1' src='http://telegraph.feedspor.....
Heathrow rejects idea of dual hub for London
Heathrow, the airports group rebranded from BAA, has dismissed proposals for a "dual hub" system in London that would see passengers transferred to smaller rivals such as Stansted or Gatwick.<img width='1' height='1' src='http://telegraph.feedspor.....
Pension income on track for biggest fall in a decade
Annuity rates are on track for their biggest annual fall since 2002, the fifth consecutive year in which they have declined.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250175dd/mf.gif' border='0'/><br/&.....
Investor demand for yield has pushed borrowing costs for private equity portfolio companies to among their lowest this year.....
Eurozone hedge funds set for 12% contraction
‘Staggering' underperformance globally has left investors feeling disenchanted.....
Edinburgh goes big on timber
Lothian pension scheme raised its investment in timber from £800,000 to £46m in the year to March, according to newly released council minutes.....
TOM gears up for a bigger slice of Liffe
Dutch trading venue is to launch an attack on one of NYSE Liffe's most popular index option contracts.....
UKFI moves back next door to the taxman
Three years ago it was encouraged to move to its existing offices a mile away, to demonstrate its independence.....
Jefferies reaps its reward from Knight Capital rescue
Jefferies received a $20m advisory fee from the rescue of broker and high-frequency trader Knight Capital.....
HSBC hires head of oil and gas in Europe
Paul Connolly is set to join HSBC as head of oil and gas for Europe, the Middle East and Africa.....
Book merger 'will not be blocked'
Penguin and Random House, which are merging to form one of the world's biggest publishers, are confident of regulatory approval but will sell "bits and pieces" if necessary......
Occupy movement played 'key role'
A top Bank of England official says the Occupy movement has played a key role in financial reformation......
Hurricane to close markets again
Hurricane Sandy has severely disrupted financial dealings in the US and is set to close stock exchanges for a second day......
Five million 'below living wage'
One in five workers in the UK is paid less than required for a basic standard of living, a KPMG report says......
Rail franchise deal 'was flawed'
An interim investigation into the West Coast Main Line franchise process finds "significant errors", the transport secretary says......
Inquiry into ferry firm takeover
Eurotunnel's takeover of Sea France assets is referred to the Competition Commission over worries that cross-Channel travellers could face higher fares......
Child benefit letters to go out
One million households will receive letters from the UK tax authority this week about losing child benefit, with tax experts expecting a flood of calls for advice......
Talks on new local paper business
Trinity Mirror says it is discussing with the owner of the Daily Mail plans for the creation of a new local newspaper group......
Islands row to hit Honda profits
Honda cuts is annual profit forecast after anti-Japan protests in China hurt its sales in the country, its second-largest market......
Bank loans 'to hit six-year low'
Bank lending to businesses will hit its lowest level this year since 2006, despite government efforts to stimulate lending, a report suggests......
High Street taskforce begins work
Senior figures from across the banking, retail and property sectors sign up to a new industry-wide group, the Distressed Retail Property Taskforce......
Economy 'shows signs of optimism'
There is "reason for some optimism" for the UK economy, says the Bank of England's deputy governor Charlie Bean, but warns against "over-excitement"......
China's Sinopec in profit decline
Sinopec, Asia's largest refiner, posts a decline in profits, as demand for petrochemicals suffers in China's slowing economy......
Draghi backs super-commissioner
European Central Bank President Mario Draghi backs calls for a eurozone super-commissioner with the power to veto government budgets......
Firms 'upbeat' on overseas growth
UK medium-sized businesses are upbeat about the prospects for international expansion, a survey by accountants BDO suggests......
Childcare 'hits second earners'
A think tank says the cost of childcare is making work "hardly worthwhile" for a growing number of second earners in middle and low income families......
China halts project amid protests
Days of protests against the expansion of a petrochemical plant in eastern China force authorities to shelve the project......
UBS 'to announce 10,000 job cuts'
Swiss bank UBS reportedly plans to announce up to 10,000 job cuts worldwide as it slims down its investment banking activities......
VIDEO: Penguin and Random House to merge
Two of the world's biggest publishers have agreed a tie-up which will see their book businesses combined......
AUDIO: 'Staff cornered me' on living wage
One in five workers in the UK are paid less than the living wage, new research from accountancy firm KPMG shows......
VIDEO: High Street taskforce focus on towns
Senior figures from across the banking, retail and property sectors have signed up to a new industry-wide group, the Distressed Retail Property Taskforce, to find ways to rejuvenate failing town centres......
VIDEO: Tablets taking over from newspapers?
More newspapers and magazines are moving online - some behind a paywall - and rumours are circulating that The Guardian could be one of the next to ditch its paper-based publication......
VIDEO: 'One in five' paid less than living wage
One in five workers in the UK is paid less than required for a basic standard of living, a report has claimed......
VIDEO: Heathrow Airport makes profit
Europe's busiest airport has returned to profit after making 110m ($180m) in the three months up to September......
VIDEO: Mail order customers victims of 'scam'
Customers of a mail order company were told they were winners of cash prizes but now believe they were victims of a scam......
Villagers 'buy in' to wind farm
The village encouraged to invest in its local wind farm.....
How do you stop online students cheating?
How do you stop an online student from cheating?.....
Whole-of-life insurance complaints rise
The growing problem with whole-of-life policies.....
Sandy shuts down Wall Street
Oct. 29 - Hurricane Sandy hits the U.S. East Coast halting public transport and closing businesses. All U.S. stock exchanges were closed on Monday - it's the first time in 27 years bad weather has forced a market shutdown. Conway G. Gittens reports......
Turbulent politics puts Italy in spotlight
Oct. 29 - Italy's Prime Minister Mario Monti meets Spain's Prime Minister Mariano Rajoy in a bilateral summit where some expect Rome to keep pushing Madrid to seek a bailout in order to lower borrowing costs for other peripheral euro zone countries. .....
U.S. Day Ahead: Sandy closes U.S. equity, bond markets
Oct 29 - Stock market executives, regulators and brokers have agreed to close the U.S. stock markets on Tuesday because of Hurricane Sandy......
Penguin Books and Random House to merge
Oct. 29 - Pearson said it would merge Penguin Books with Bertelsmann's Random House to create the world's leading consumer publisher, a day after Rupert Murdoch's Sunday Times said his News Corp group could bid for Penguin. Matt Cowan reports......
Greek editor in court over Swiss bank list
Oct. 29 - A major Greek newspaper has reprinted the names of 2,000 wealthy Greeks with Swiss bank accounts as the editor who first published the list is told he will stand trial for violating data privacy laws. Sonia Legg reports......
Trading at Noon: Hurricane Sandy's impact on sectors, stocks
Oct 29 - The latest on Hurricane Sandy and on sectors that stand to benefit or lose from the impact of the storm......
Europe Day Ahead: Job cuts and earnings galore
Oct. 29 - Investors brace themselves for expected job cuts from UBS and a slew of corporate earnings from Europe and the U.S......
Daily Digit: 10 billion bill for banks who mis-sold
Oct. 29 - The compensation bill lenders have had to pay for mis-sold payment protection insurance is reportedly set to surpass 10 billion pounds this week, putting it on course to become the most aggressively mis-sold product in UK banking history. H.....
Factbox: Nothing Random about Penguin megamerger
Oct. 29 - Penguin and Random House merge to create the world's largest publisher, disappointing analysts who hoped Rupert Murdoch's News Corp would make a bid......
Japanese company brings personal touch to teleconferencing
Oct. 29 - Teleconferencing has become an integral part of doing business around the world but in Japan, one tech company is making the experience more intimate than ever before. NTT Computer Science Laboratories is bringing body language to long dist.....
U.S. Morning Call: Hurricane Sandy shutters U.S. markets
Oct 29 - The threat of Hurricane Sandy has forced the NYSE to close for the day and the U.S. bond markets are slated to close at noon......
Breakingviews: Financial shrinkage lead by UBS
Breakingviews......
Reuters Today: Sandy shuts markets, businesses, schools
Oct. 29 - U.S. stock markets close as "super storm" Sandy is expected to slam into the U.S. East Coast on Monday night. Plus fixed income operations help Nomura post fourth straight quarterly profit......
Sany Heavy set to dig into overseas opportunities: president
Oct. 29 - The president of China's biggest construction equipment maker says its strong exports and overseas businesses point to an economic recovery, and that the firm is ready to expand further abroad......
Daily digit: Hong Kong slaps 15% tax on foreign home buyers
Oct. 29 - The Hong Kong government has taken its toughest steps yet to cool a red-hot property sector, but with so much hot money flowing into Asia, taming the market may be difficult. Tessa Dunlop reports......
Market Pulse: Sentiment sours as Sandy shuts U.S.
Oct. 29 - Weak company results and a strong hurricane approaching the U.S. send investors seeking safety. Plus why Spain is in for more pain......
Taking rescue robots through the paces
Oct. 28 - When disaster strikes deep underground, mining robots designed by Canada's Penguin Automated Systems Inc can be deployed to sift through rubble and assess damages. Mounted with cameras and laser scanners, the rugged robots can go where peop.....
Scientists see healthy future for dissolvable electronics
Oct. 28 - Scientists in the United States who have developed electronics that dissolve inside the body, say they will one day replace conventional materials for use as medical implants. Encased in silk, the electronics could be adapted to monitor inf.....
Former Dixons boss John Browett leaves Apple after just five months
Former Dixons boss was handed a $56m 'golden hello' for taking job.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2503a0d0/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/148.....
Save us from intervention as Tarzan dines on past glories
On becoming president of the Board of Trade in 1992, Michael Heseltine famously promised "to intervene before breakfast, dinner and tea" to help British companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Libor: Judge forces Barclays to reveal names of staff involved in rate rigging
Barclays will be forced to disclose the names of staff involved in Libor rigging, following a damning court judgment over claims it mis-sold interest rate swaps to a care home operator.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Department for Transport knew it risked legal challenge over West Coast franchise
The Department for Transport knew seven months ago that it did not have the correct methods to evaluate bids for the West Coast rail franchise and that it risked a legal challenge from train operators.<img width='1' height='1' src='http://telegrap.....
Technology shares rise to the top as markets lie calm before the storm
Technology companies outperformed a quiet market on Monday as anticipation of Hurricane Sandy kept trading volumes exceptionally low.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502cfc7/mf.gif' border='0'/>.....
Russia offers to build Britain's nuclear power stations
Moscow has offered to help Britain build nuclear power stations in partnership with Rolls-Royce, Russia's deputy prime minister Igor Shuvalov has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502fdb5/mf.g.....
Russia offers to build Britain's nuclear power stations
Moscow has offered to help Britain build nuclear power stations in partnership with Rolls Royce, said Russia's deputy prime minister Igor Shuvalov.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502c7ed/mf.gif' .....
Lenders threaten Hibu with winding-up order
Lenders to Hibu, the owner of Yellow Pages, have threatened to scupper a restructuring of the company and launch winding-up proceedings against it because of a row over debt repayments.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
CVC chairman Michael Smith steps down after 30 years
The veteran chairman of private equity firm CVC Capital Partners is to retire after 30 years with the company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502fdb7/mf.gif' border='0'/>.....
CVC chairman steps down after 30 years
The veteran chairman of private equity firm CVC Capital Partners is to retire after 30 years with the company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2502c7ee/mf.gif' border='0'/><br/><br/>.....
European markets fall on growth fears and US superstorm
The FTSE 100 and other European stock markets fell on Monday as investors fretted about the slowdown in eurozone and global economy, corporate earnings and the superstorm developing over the eastern United States.<img width='1' height='1' src='htt.....
Debt crisis: Greece must have debt relief, leaders to tell Angela Merkel
A delegation of leaders are to warn Angela Merkel that Germany must agree to Greek debt relief or risk plunging the eurozone into a fresh and more dangerous phase of the crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Honda sales suffer from anti-Japan backlash in China
Honda has warned profits will be sharply lower in the full year than it previously expected after sales in China were hit by an anti-Japan backlash and weak demand in Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Debt crisis: as it happened - 29 October, 2012
Mario Monti and Mariano Rajoy were both cool on German plans to allow the EU to intervene in countries' budgets and propose changes before they are agreed in parliaments.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Biggest firms 'improving payment times'
Large companies are finally addressing their poor payment practices towards suppliers, according to an analysis by Experian.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25023f3f/mf.gif' border='0'/><br/&.....
Spain's Rajoy rules out imminent request for help
Spain has no immediate need to ask for outside aid to help deal with its debts, prime minister Mariano Rajoy insisted on Monday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25020b1a/mf.gif' border='0'/><.....
FSA curb on investments could cut SMEs' funds
Investment firms have warned that a plan to limit the marketing of tax-efficient investment schemes could "severely restrict" a key source of funds for small businesses.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
UK construction sector should improve soon, says Bank of England's Ben Broadbent
The British construction sector, which has been the main drag on the economy this year, should improve soon, Bank of England policymaker Ben Broadbent has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2501.....
Debt crisis: Italy and Spain cool on 'super commissioner' plans - live
Mario Monti and Mariano Rajoy were both cool on German plans to allow the EU to intervene in countries' budgets and propose changes before they are agreed in parliaments.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Polymetal loses 700 tonnes of gold ore after ship goes missing
A FTSE 100 miner has lost 700 tonnes of gold ore after a cargo ship went missing off the coast of Russia.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25020b1d/mf.gif' border='0'/>.....
Polymetal loses 700 tonnes of gold after ship goes missing
A FTSE 100 miner has lost 700 tonnes of gold after a cargo ship went missing off the coast of Russia.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2501eba6/mf.gif' border='0'/>.....
Heathrow rejects Gatwick rail link plan
Heathrow, the airports group rebranded from BAA, has dismissed proposals for a "dual hub" system in London that would see passengers transferred to smaller rivals such as Stansted or Gatwick.<img width='1' height='1' src='http://telegraph.feedspor.....
Heathrow rejects idea of dual hub for London
Heathrow, the airports group rebranded from BAA, has dismissed proposals for a "dual hub" system in London that would see passengers transferred to smaller rivals such as Stansted or Gatwick.<img width='1' height='1' src='http://telegraph.feedspor.....
Heathrow rejects idea of dual hub for London
Heathrow, the airports group rebranded from BAA, has dismissed proposals for a "dual hub" system in London that would see passengers transferred to smaller rivals such as Stansted or Gatwick.<img width='1' height='1' src='http://telegraph.feedspor.....
Pension income on track for biggest fall in a decade
Annuity rates are on track for their biggest annual fall since 2002, the fifth consecutive year in which they have declined.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/250175dd/mf.gif' border='0'/><br/&.....
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