Rail bidding a 'fiasco' - Branson
Sir Richard Branson says the bidding for the West Coast Main Line franchise had been a "fiasco" but welcomes the decision to restart the process......
UK economy in deep crisis - Cable
The UK economy is "in a very deep crisis" and predicting when it will recover is "very difficult", Business Secretary Vince Cable tells the BBC......
Halfords appoints Davies new boss
Car parts and bicycle retailer Halfords appoints the former head of UK retailer Pets At Home, Matt Davies, as its new chief executive......
Football club chairman hit by ban
High-profile football club chairman Peter Ridsdale has been disqualified from acting as a company director for seven and a half years......
Portugal announces higher taxes
A huge strike is planned in Portugal, the same day as the government announces several new austerity measures that will raise taxes......
Hewlett-Packard shares plunge 13%
Hewlett-Packard shares plunge to a 10-year low after its boss said it will take time to turn around the company that built its success on printers and computers......
Tesco sees half-year profits fall
The UK's biggest retailer, Tesco, reports its first fall in profits since 1994. while Sainsbury's reports a rise in quarterly sales......
Pearson boss Scardino steps down
Dame Marjorie Scardino, the first woman to head a FTSE 100 company, is to step down as chief executive of publishing firm Pearson......
Iran clashes over currency crisis
Riot police in Iran break up protests in the capital, after sharp falls in its currency, the rial, which has plummeted against the US dollar......
Easyjet sees post-Olympics boost
A post-Olympics surge in the number of UK holiday makers heading abroad means Easyjet now expects to report higher-than-expected profits......
Mortgage bill rises for thousands
Thousands of Santander mortgage customers will see their monthly bill rise, as figures show activity in the housing market remains subdued......
T-Mobile USA to merge with rival
Deutsche Telekom confirms it is to merge its T-Mobile USA unit with US mobile carrier MetroPCS, creating a firm with more than 40 million subscribers......
Lithuania to sue Gazprom for $2bn
Lithuania says it will sue Russian giant Gazprom for 5bn lita ($1.9bn, 1.2bn), alleging that the energy firm overcharged it for gas......
PayPal technical issues 'solved'
Payments business PayPal says that "technical issues" that led to a string of transactions being sent for security checks have been solved......
Wylfa nuclear bidder 'pulls out'
A French-Chinese consortium drops its bid to build an 8bn nuclear power station on Anglesey......
Petrol sales suffer 'huge drop'
Sales of petrol and diesel on UK forecourts fell significantly in the spring despite cheaper prices at the pumps......
India promises more market reform
India's Finance Minister P Chidambaram promises more reforms after the country opened up its retail sector to foreign supermarket chains and cut diesel subsidies......
Pension deficits given more time
Employers have been given more leeway by the Pensions Regulator to fill deficits in their pension schemes......
'Flat year' for UK house prices
House prices will stay flat or drop slightly over the next year despite a gradual recovery in the UK economy, the Nationwide predicts......
Credit card debt landscape alters
The number of borrowers seeking help from a charity over credit card debts has fallen, but problems are starting earlier......
EU plans more open single market
The European Commission has put forward new proposals to make it easier for people and businesses to move and do business within the EU......
ADB cuts growth forecast for Asia
The Asian Development Bank (ADB) has cut its growth forecast for Asia for this year and next, as the problems in Europe and the US hurt developing countries......
Latin America economies 'to slow'
Latin America will grow at a slower pace than last year, primarily due to weaker growth in Argentina and Brazil, a United Nations report predicts......
Samsung challenges Apple verdict
Samsung says a patent case it lost to Apple should be retried because of actions by the jury foreman......
Soft drink merger talks extended
Soft drink rivals AG Barr and Britvic are given more time by the takeover panel to discuss a possible 1.4bn merger......
400 call centre job losses at AA
The AA expects to cut more than 400 jobs at its Cardiff insurance call centre, blaming a growth in online transactions......
Cup sponsors' collapse to hit IFA
The Irish Football Association expects to lose money following the demise of cup sponsors JJB Sports......
VIDEO: Miliband criticises rail 'fiasco'
The bidding process for the West Coast Main Line franchise is a "fiasco", according to Ed Miliband......
VIDEO: Tesco eyes fightback as profits dip
The UK's biggest supermarket chain, Tesco, has reported its first fall in profits since 1994 as challenging economic conditions take their toll......
VIDEO: Virgin 'hopeful' over rail bid re-run
Virgin Group boss Sir Richard Branson says he is grateful that the decision to award the UK's multi-billion-pound West Coast Main Line rail franchise to FirstGroup has been scrapped by the government......
VIDEO: India 'on the path of financial reform'
India is on the path of financial reform, the Finance Minister P Chidambaram has told the BBC......
AUDIO: Miliband speech 'reached out to business'
The director general of the Institute of Directors says "business can do business with Ed Miliband.".....
VIDEO: West Coast Main Line deal scrapped
Sir Richard Branson has declared the franchise bidding process for the West Coast Main Line a "fiasco", after the government scrapped a decision to award FirstGroup the route......
VIDEO: 'Embarrassing' franchise deal to cost 40m
The decision to award the UK's multi-billion-pound West Coast Main Line rail franchise to FirstGroup has been scrapped by the government......
VIDEO: Sainsbury's sales continue to grow
Sainsbury's has posted better than expected sales growth, with like-for-like sales rising 1.9% in the three months to 29 September......
Economic battle lines in US election race
Deficit issue looms large in US election race.....
Will carmaker alliances result in identikit cars?
Will carmaker alliances result in identikit cars?.....
Choices after pension auto-enrolment
Why auto-enrolment must not stop your pension planning.....
Social spending central in Venezuelan election
Poverty war central in Venezuelan election.....
Digital currency: Brave new world or criminal haven?
Brave new world or a blessing for criminals.....
Sanctions detonate Iran currency
Iran's currency in freefall as sanctions bite.....
U.S. Day Ahead: Oracle CEO Ellison bets on the cloud
Oct 3 - Oracle boss Larry Ellison will try to sell the company's latest line of cloud computing products when he appears at a key investor day in San Francisco......
ECONOMY 2012: U.S. manufacturing not dead, CEO adding jobs
Oct 3 - Sappi Fine Paper CEO Mark Gardner says, despite the slow economic recovery, he is adding jobs to his company's payroll and expects growth in manufacturing businesses to pick up over the next 12 months.....
South Africa faces wave of strikes
Oct. 3 - The South African mining industry has been hit by a spate of wage strikes following the Marikana massacre. Deborah Lutterbeck reports......
Breakingviews: Meh & A
Oct 3 - Richard Beales and Breakingviews columnists discuss why bankers disappointed by a 16 pct drop in global deals can at least hope for a bit of action in the U.S. telecoms sector......
Trading at Noon: Mobile merger; Return of 'Schulze'
Oct 3 - Deutsche Telekom, MetroPCS to merge U.S. mobile businesses, and Best Buy founder presses on with buyout plan......
Wealth Strategies: Go long Moody's - Investor Ubben
Oct 3 - Moody's is a good value buy with potential for much higher company earnings next year, says ValueAct Capital founder Jeffrey Ubben from the Value Investing Congress in New York......
Spain's corporate tax tumbles
Oct.03 - The Spanish Government's corporate tax income falls by two-thirds from pre-crisis levels as companies seek profits abroad. Ivor Bennett reports......
Evictions deepen South Africa's mining crisis
Oct.03 - Concerns are growing about long-term damage to South Africa's mining industry after the eviction of 2,000 striking gold miners from their company-owned accommodation. Ivor Bennett reports......
Europe Day Ahead: Draghi in Slovenia
Oct. 3 - Two central banks in focus on Thursday. No change in policy expected from the Bank of England or the European Central Bank. Mario Draghi will be centre stage at his news conference in Ljubljana......
The Exchange: Top of the Pops and Still Pinching Pennies
Rob Cox talks to Nitsuh Abebe, New York Magazine's music critic, about the new economic landscape of rock stardom......
3XSQ: Apple making mini iPads - WSJ
Oct 3 - Apple's suppliers in Asia have started mass producing a new tablet computer smaller than the current iPad......
Market Pulse: Euro above $1.30? Not what the euro zone needs
Oct. 3 - The euro looks to be heading above $1.30, exactly what the recession-hit euro zone doesn't need. The Aussie eyes break below parity, new Japan fin min steels himself......
Breakingviews: FT stick or twist?
Oct. 3 - Following the departure of Marjorie Scardino, speculation is mounting that Pearson may sell the Financial Times. However it may be retained as a trophy asset say Breakingviews......
Vietnam struggles to get its house in order
Oct. 3 - Bank runs, bad debt, and a sovereign rating downgrade are just a few of the troubles threatening the reputation of a former emerging market darling. Lisa Yuriko Thomas reports......
Reuters Today: China factory slump feeds into services
Oct. 3 - The slowdown in China deepens as the normally robust services sector feels the pinch from lower factory orders......
Supermarkets struggle to win over China's shoppers
Oct. 3 - Retailers like Wal-Mart and Carrefour are losing ground in China to firms more attuned to local culture. So what kind of store do the Chinese want? Jane Lanhee Lee goes shopping to find out......
U.S. Morning Call: China PMI falls; Schulze pursues Best Buy
Oct 3 - China's normally robust services sector weakened sharply in September to its lowest point since November 2010; and founder Richard Schulze continues his pursuit of the beleaguered Best Buy......
Drones to take flight in Nepal's war on poachers
Oct. 3 - Conservationists in Nepal are about to launch a new airborne drone to keep watch over endangered animal populations in protected national forests. Several species including tigers and rhinos are the frequent target of poachers but it's hoped.....
Blue chips lost in translation
Oct. 2 - Summary of business headlines: Wall Street ends mixed with investors unsure if Spain is heading for a bailout request this weekend; Deutsche Telekom looking for new U.S. hook-up; U.S. auto sales top forecasts. Conway G. Gittens reports......
Low prices fuel September auto sales
Oct. 2 - U.S. auto sales rose more than predicted in September, thanks to better credit conditions and lower prices, but good deals may be coming to an end. Carmen Roberts reports......
U.S. Day Ahead: It's debate time and Romney has to perform!
Oct 2 - The 90 minute showdown between Obama and Romney takes place Wednesday at 9:00 PM in Denver, Colorado - one of the eight battle ground states. Romney has a key opportunity to make up for last month's gaffes......
FACTBOX: U.S. car sales beat forecasts, Toyota on top
Oct 2 - Chrysler sees its best September sales performance in five years; beating GM and Ford. The number one spot though is held by Toyota......
CFTC's Gensler mulls next step for position limits
Oct. 2 - CFTC Chairman Gary Gensler is considering whether or not to appeal against a court ruling that threw out the agency's position limits rule......
Trading at Noon: Einhorn moves stocks from GM to Chipotle
Oct 2 - Einhorn makes a case for carmaker GM, thinks Chipotle is an attractive short.....
Zuckerberg: more Russians like Facebook
Oct. 2 - Facebook CEO Mark Zuckerberg told university students in Moscow they shouldn't start a company to have fun, but they should do so if they believe in something and want to see it exist, as he spoke to them during his first visit to Russia. Ro.....
West Coast Main Line: FirstGroup considers legal action over contract fiasco
FirstGroup is considering legal action against the Department for Transport after it pulled the controversial West Coast rail bid in a humiliating about-turn, plunging the entire industry into chaos.<img width='1' height='1' src='http://telegraph......
West Coast Main Line: Business leaders head reviews
Three senior figures from British business have been called on by the Government to conduct urgent independent inquiries into what went wrong with the West Coast Main Line bidding process.<img width='1' height='1' src='http://telegraph.feedsportal.....
West Coast Main Line: Business reaction
Business groups launched a scathing attack on the Government over the West Coast Main Line fiasco and said it revealed serious problems at the heart of public sector procurement.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
West Coast fiasco shows our civil service falls at the first hurdle
After delivering probably the best Olympic and Paralympic Games in history it is depressing to learn that we can't organise a rail franchise process.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24176cf4/mf.gif.....
Capita shares slip on contract loss
The group was hurt by Home Office talks with another supplier.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24176cf9/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/14454425.....
Spain fears harsh rescue terms from AAA Nordic parliaments
Senior officials from Germany and other parts of the eurozone's AAA core have warned Spain privately that angry parliaments are likely to impose stringent conditions on any further rescue loans.<img width='1' height='1' src='http://telegraph.feeds.....
Marjorie Scardino's rule: how Pearson boss shaped a company and a culture
One of Dame Marjorie Scardino's first acts as chief executive of Pearson was to sell the company's stash of Chateau Latour wine to Sotheby's. It was a sign of things to come.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Tesco halts new Fresh & Easy stores in the US
Tesco is to halt new store openings in the US in an attempt to finally drive its loss-making Fresh & Easy business into profit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24174980/mf.gif' border='0'/>&.....
Sainsbury's warns on UK economy
J Sainsbury, Britain's third largest retailer, has warned the health of the UK economy shows no signs of revival despite securing its 31st consecutive quarter of like-for-like sales growth.<img width='1' height='1' src='http://telegraph.feedsporta.....
Tesco profits fall: Analysis
If the report card for Philip Clarke's tenure as chief executive of Tesco was based solely on the supermarket's financial results, then it would not make pleasant reading.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
West Coast Main Line: total chaos as government scraps franchise deal
When the phone rang, Sir Richard Branson was looking out across the Hudson river from in his room on the 17th floor of New York's Standard hotel.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24174984/mf.gif' bo.....
UK is haring off down the wrong path on new nuclear power plants
In a recent blog, Sir Bernard Ingham, former press secretary to Margaret Thatcher, posed an important question: do we want nuclear at any price?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24174987/mf.gif' bor.....
RBS facing loss after Spanish property firm collapse
Royal Bank of Scotland has been caught up in one of Spain's largest ever bankruptcies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24174989/mf.gif' border='0'/><br/><br/><a href="http://da.fe.....
Questor sector tip: UK banks are worth holding on to
Britain's banks are relatively better placed than their European peers. Questor says hold.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24171c28/mf.gif' border='0'/><br/><br/><a href="http://d.....
West Coast Main Line: FirstGroup faces a rocky ride in the City
Amid the chaotic derailment of the West Coast franchise, rail companies and officials accepted the suspension of the bid process for two Government reviews.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24171c29.....
Post-Olympics holidays boost easyJet profits
easyJet, the low-cost airline, has increased its profit estimates for the year by more than 20m after enjoying a summer boost from the Olympics.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2416f863/mf.gif' bor.....
Good News Britain: Value brands win through in good times and bad
The economic outlook across Europe and remains highly uncertain but easyJet has proven that companies can prosper, announcing record passenger numbers and our highest ever profits for the financial year.<img width='1' height='1' src='http://telegr.....
Debt crisis: Portugal to raise taxes to meet austerity targets
Portugal has announced a raft of new cuts designed to reduce the country's debt load, as finance minister Vitor Gaspar unveiled sweeping changes that will see the average income tax rate rise by 2pc.<img width='1' height='1' src='http://telegraph......
Debt crisis: as it happened, October 3, 2012
Portugal has announced a raft of new cuts designed to reduce the country's debt pile, as finance minister Vitor Gaspar unveiled sweeping changes that will see the average income tax rate rise by 2pc.<img width='1' height='1' src='http://telegraph......
Debt crisis: live
Portugal's finance minister announces a raft of tax rises in an attempt to get the country back on track to meet its austerity targets, as the IMF's chief economist warns that the financial crisis will continue for "at least a decade".<img width='.....
Global recovery 'will take at least six more years'
THE global economy will not be back in "decent shape" until at least 2018, the International Monetary Fund's chief economist has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2416a168/mf.gif' border='0'/.....
IMF: Global recovery 'will take at least six more years'
The global economy will not be back in "decent shape" until at least 2018, the International Monetary Fund's chief economist has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/24164ba1/mf.gif' border='0'/.....
Europe's banks told to hold more capital
Europe's banks have been instructed to hold higher levels of loss-absorbing capital than expected after successfully bolstering their finances to meet regulatory demands.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
China services industry slows as economy cools
China's services sector last month grew at its weakest pace since at least March 2011, raising fears over an economic slowdown that officials are struggling to manage.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Marjorie Scardino hits out at lack of women on boards
Dame Marjorie Scardino, the Pearson chief executive who made history as the first woman ever to lead a FTSE 100 company, yesterday spoke of her disappointment that so few women have followed suit, as she stepped down from the helm of the media giant......
