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/&.....
