Obama warns of Scrooge Christmas
President Obama warns of a "Scrooge Christmas" if no deal is struck on the "fiscal cliff", but a senior Republican says talks are going "nowhere"......
Yahoo 'ordered to pay $2.7bn'
Internet group Yahoo says it has been ordered to pay $2.7bn to two plaintiffs in a Mexican court ruling......
Rousseff acts on Brazil oil plan
Part of a law intended to share royalties from Brazil's oil fields across the country's 26 states is vetoed by President Dilma Rousseff......
Supermarkets pledge prices action
Eight major supermarkets agree to ensure that special offers are fair, following a regulator's investigation into unfair or misleading promotions......
Key world economies slow sharply
Growth in India, Brazil and Canada slows in the third quarter, while economic data for October in the US and eurozone also disappoints......
Eurozone jobless rate at new high
Eurozone joblessness hits a new record high as ECB head Mario Draghi warns the region will only emerge from crisis late next year......
Over 50s 'not planning pensions'
Many over 50s are "sleepwalking into their old age", a pensions group says, as research suggests people are over-optimistic about retirement income......
Squeeze hits Sportingbet takings
Online gambling site Sportingbet announces a fall in first quarter revenues, citing "challenging trading conditions", as poker revenues drop 50%......
Japan in second stimulus package
Japanese lawmakers approve another stimulus package to revive growth, as the flagging economy becomes a key issue in the upcoming general election......
India economic growth rate slows
India's growth rate slowed in the July to September quarter, putting further pressure on the government to implement reforms and ease monetary policy......
Brazil economy slows unexpectedly
Economic growth in Brazil slowed unexpectedly in the three months to September, to just 0.6% versus a year earlier, new data suggests......
Energy Bill for 'cleaner economy'
Energy minister Ed Davey publishes his much-trailed Energy Bill, setting out the roadmap for the UK's switch to "a low-carbon economy"......
UK banks 'may need more capital'
Major UK banks may need to raise more capital as protection against possible future losses, the Bank of England's Financial Policy Committee has said......
US growth rate revised up to 2.7%
The US economy grew at an annualised 2.7% in the third quarter of the year, revised data shows, up from the 2% estimate released before the election......
Firms bidding for Twinkies brands
One of the best-known US snack food brands may survive as its bankrupt owner reveals it is in talks with 110 potential buyers......
Japanese giants in merger boost
Shares in Japanese infrastructure giants Hitachi and Mitsubishi Heavy soar after a decision to merge their thermal power businesses......
HP accountants sued over Autonomy
Deloitte and KPMG are being sued over their alleged role in Hewlett-Packard's controversial purchase of Autonomy......
Sixty-day bread could cut waste
An American company has developed a technique that it says can make bread stay mould-free for 60 days......
MPs want end to flight duty in NI
A committee of MPs is calling for a 13 tax on all flights to and from Northern Ireland to be scrapped......
House prices 'still edging down'
House prices are still falling slowly, according to the latest figures from the Nationwide building society......
CBI pushes government for growth
The CBI business group is asking the chancellor to use windfall money to help lift economic growth......
EU unveils plan for euro's future
The European Commission sets out a timetable for eurozone integration, including plans for a separate eurozone budget and joint issuance of debt......
Dixons to benefit from Comet woes
Dixons, the owner of Currys and PC World, says it will "benefit" from the demise of rival Comet, but reports losses after problems at its Pixmania unit......
Anglo Irish suing Ernst & Young
Anglo Irish Bank is suing its former auditor Ernst & Young for failing to spot the lender's massive exposure to the Irish property bubble......
Iberia faces pre-Christmas strike
Employees at troubled Spanish airline Iberia, sister company of British Airways, vote to go on strike in the run-up to Christmas......
Doncaster defends health of SPL
Scottish Premier League chief executive Neil Doncaster defends the financial health of the 12 member clubs......
BT set to move to Olympic centre
BT Sport is set to move into the Olympic Park broadcast centre in east London......
VIDEO: How to spot unsafe electrical goods
More than four million counterfeit goods have been seized in the UK this year, many of them electrical items......
VIDEO: 'Don't trust supermarket deals'
Investigative food journalist Joanna Blythman advises shoppers to "be sceptical" as eight supermarkets agree to ensure that special offers and price promotions are fair......
VIDEO: Over 50s need 'pension healthcheck'
Many over 50s are "sleepwalking into their old age", a pensions group says, as research suggests people are over-optimistic about retirement income......
AUDIO: Tourists to UK spent more in 2012
The Chief executive of VisitBritain told 5 live that fewer tourists came to the UK in 2012, but those who did spent more......
VIDEO: Japan election could be won on inflation
Inflation is one of the hottest topics in Japan and politicians' plans to address the issue may sway the result of the forthcoming election......
VIDEO: Are supermarket offers the real deal?
The Office of Fair Trading has warned leading supermarkets to observe rules on the special offers they make to customers in the run-up to Christmas......
VIDEO: Eurozone jobless rate at new high
The eurozone's unemployment rate hit a new record high in October, while consumer price rises slowed sharply......
AUDIO: China 'dim sum' bonds on sale in London
So-called "dim sum" bonds, denominated in the Chinese currency, the renminbi, are being sold outside the People's Republic for the first time......
Technology dominates the Los Angeles motor show
Try concept cars that respond to your movements.....
UK sport governance to up its game
How UK sports leaders can up their game.....
Bendy phones 'to appear in 2013'
The first wave of handsets with flexible screens.....
VIDEO: Top tips for landing dream jobs
Young workers from around the world give their tips for jobhunting.....
Viewpoint: The robots are coming
Robotics are now a big part of our lives.....
Singapore rap aims to boost birth rate
Singapore struggles to boost its birth rate.....
Brazil looks to score overseas shirt sales boost
Brazil football clubs eye overseas kit sales boost.....
Berlin's hi-tech boom in 'Silicon Allee'
Can Berlin overtake London as Europe's hi-tech hub?.....
Trading at Noon: Retailers eye holidays; YUM's China woes
Nov 30 - Retailers benefitting from holiday shopping, with Five Below and Christopher & Banks leading the charge......
Nintendo launches Wii U in Europe
Nintendo, which has gradually ceded ground to Microsoft's industry-leading Xbox 360, introduced the Wii U with a touchscreen controller at a time when the video game industry is under threat from a growing smartphone and tablet gaming market......
Breakingviews: Dual-class duel
Nov 30 - Jeffrey Goldfarb talks to Breakingviews columnists about the dysfunctional relationship between Groupon's co-founders, whose super-voting stock leaves minority shareholders with few options......
Europe Week Ahead: Central Banks & Autumn Statements
Nov. 30 - A look ahead to next weeks key events including central bank meetings, Osbornes Autumn statement, nonfarm payrolls and results from Prada......
Banking union top priority for euro zone: Lagarde
Nov. 30 - Implementing a banking union with powers to supervise all banks in the euro zone should be the currency bloc's top priority followed by closer budgetary coordination, International Monetary Fund head Christine Lagarde said on Friday. Hayley.....
Germany approves Greek bailout
Nov. 30 - German lawmakers vote through Greece's bailout agreed to earlier this week by EU and IMF officials, as people on the streets of Athens throw eggs and tomatoes at government buildings in protest. Joel Flynn reports......
Graphics firm has a ball with New York pollution
Nov. 30 - Animators have created a video showing the physical scale of the 54 million tonnes of carbon dioxide pumped into New York City's atmosphere in 2010. Using a technique they call 'concrete visualisation', the team hopes to spark delegates at .....
3XSQ: Apple gets a boost from China
Nov 30 - Apple's iPhone 5, iPad Mini, and fourth-generation iPad will start selling in China after the company received regulatory approval to start selling the products there......
Nintendos Wii U a Super Mario Successor Game Over?
Nov. 30 - The loss-making Japanese game console maker needs a hit to lift its fortunes. Could the Wii U be it?.....
German retail sales slide
Nov. 30 - German retail sales dropped 2.8% ahead of the key Christmas season. The latest figures follow a raft of weak economic data suggesting Germany is no longer immune to the European debt crisis. Hayley Platt reports......
Breakingviews: Osborne to be Robin Hood?
Nov. 30 - UK Chancellor George Osborne has his hands tied as he wants to boost a flat economy but needs to tighten policy to hit his targets and meet his own fiscal rules, says Breakingviews.....
Reuters Today: Imagine the euro at $1.70
Nov. 30 - Without the crisis the euro could be as high as $1.70 says Adam Cole of RBC Capital Markets. This reminder comes on the day Germany is likely to approve the latest Greek bailout......
BlackRock sees a charge back to China equities in 2013
Nov. 30 - As the Shanghai Composite languishes near four-year lows, BlackRock's head of Asian equities explains why he's overweight on China......
Daily Digit: Banking on better times ahead for India
Nov. 30 - India's GDP growth for the September quarter missed expectations, but with reforms in the pipeline, investors and analysts are betting on it picking up in the medium term......
Asia Week Ahead: Australia's growth set to sputter
Nov. 30 - Australias Q3 GDP growth is likely to have slowed on weaker commodity prices, while Japan's economic gloom plays into upcoming elections......
U.S. Morning Call: Comments on "fiscal cliff" swing markets
Nov. 30 - U.S. stock futures are pointing to a slightly higher open as the President and Congressional Republicans tackle the "fiscal cliff.".....
Daily Digit: 2.7% GDP growth
Nov. 29 - GDP grew an impressive 2.7% in third quarter thanks to holidays, but next reading may not be as cheerful. Bobbi Rebell reports......
Market Pulse: Europes 6-month stock run to end
Nov. 30 - An autumnal glow will give way to a winter chill for European markets, says CMC Markets Michael Hewson. So stay warm, stay defensive. Plus, a look at Bankia, LVMH and happy 13th birthday Exxon-Mobil......
Bank of Japan at a turning point?
Nov. 30 - Big changes are expected at Japan's central bank next year--which given its questionable track record isn't a bad thing, says Bank of Singapore chief economist Richard Jerram. Tara Joseph reports......
Choppy waters ahead of the cliff
Nov. 29 - Summary of business headlines: Stocks end higher after volatile day as lawmakers go back-and-forth on fiscal cliff; retailers disappoint with November same-store sales; Tiffany, Barnes & Noble results add to worry; GDP revised up, housing s.....
China leaves Tiffany black and blue
Nov. 29 - Strike three for Tiffany after the luxury retailer cut its sales and profit forecast for the third quarter in a row. Bobbi Rebell reports......
U.S. Day Ahead: Obama tapping Angry Birds to resolve cliff
Nov 29 - President Obama will press his case of raising taxes on the rich at a factory in PA. The plant makes parts for Angry Bird toys - that could describe the state of negotiations on the Hill......
Automakers looking for gold in "green"
Nov. 29 - Automakers show-off new lines of green cars with an added emphasis on beauty and style at this year's Los Angeles Auto Show. Conway G. Gittens reports......
Sea-based attack drone readied for first carrier trials
Nov. 29 - The US Navy's first sea-based, unmanned attack aircraft is being prepared for its maiden test flight from an aircraft carrier. The Northrop Grumman X-47 B arrived for duty aboard the USS Harry Truman on Monday (November 26) with the Navy ex.....
The Exchange: Business lessons from the Grateful Dead
Rob Cox talks to the New Yorker's Nick Paumgarten about how the rock band's focus on touring, taping and community presaged the post-album era of the music business......
Rupert Murdoch could face fines if stories based on bribes
Rupert Murdoch's News Corporation could be forced to surrender any profits it made from information secured through bribery, legal experts have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2626598c/mf.g.....
Moody's downgrades ESM and EFSF
Moody's cut the triple-A rating of the European Stability Mechanism euro rescue fund on Friday by one notch and gave it a negative outlook, citing its earlier downgrade of key ESM backer France.<img width='1' height='1' src='http://telegraph.feeds.....
BoE tells banks to crack down on bonuses
Bankers are facing a fresh crackdown on bonuses ahead of the New Year pay round under moves by the Bank of England to overhaul award structures.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2625e755/mf.gif' bor.....
Boris suggests Osborne 'brood' on cutting top tax rate to 30pc
Boris Johnson has suggested that the higher rates of income tax should be reduced ahead of the Government's Autumn Statement next week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26257dc5/mf.gif' border='0'/&.....
Osborne to freeze benefits for jobless
George Osborne is preparing to unveil a new round of welfare cuts and 3 billion of savings to PFI deals in next week's Autumn Statement.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26257dc4/mf.gif' border='0'/.....
Cut price mortgage deal starts price war
Home owners have been offered the lowest ever two-year fixed rate mortage deal at 1.99 per cent, kick-starting the first home loan price war since the credit crisis began in 2008.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
France and Germany set to shake up EADS
France to hive off part of stake to make way for Berlin as shareholder.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/262577ab/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....
QE is a failure for jobs and investment, unless you're in the City
The Bank of England's monetary policy is designed to stimulate growth and investment. The truth is it's having the opposite effect.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26253f7d/mf.gif' border='0'/>&.....
Asos chairman Brian McBride was investor in Comet
The former boss of Amazon in the UK invested in Comet alongside OpCapita and was advising the private investment firm on an online strategy for the electrical retailer before its collapse, it can be disclosed.<img width='1' height='1' src='http://.....
Subdued FTSE 100 ends a volatile month
The blue-chip index dipped today, but climbed over the month.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26257143/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151538845.....
ArcelorMittal will invest 180m in Florange plant under deal with French government
The French government has agreed a deal with steel giant ArcelorMittal over the company's Florange plant that will save around 550 jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26257147/mf.gif' border='0'/.....
William Hill to renegotiate Sportingbet approach
Sportingbet disappointed with its first-quarter results.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26253afe/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151538997808/u.....
Good News Britain: Indian firms come to London
Two Indian financial service companies have announced new outposts in London, as the capital's mayor Boris Johnson called for George Osborne to cut the top rate of tax to attract more overseas investors.<img width='1' height='1' src='http://telegr.....
The Chancellor George Osborne's alarming device is just the weapon for a country at war
Our crisis would be far deeper without Quantitative Easing, believes Charles Moore<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26250000/mf.gif' border='0'/><br/><br/><a href="http://da.feedsp.....
The Chancellor George Osborne's alarming device is just the weapon for a country at war
Our crisis would be far deeper without Quantitative Easing, says Charles Moore<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2624fb60/mf.gif' border='0'/><br/><br/><a href="http://da.feedsporta.....
Moody's threatens to downgrade Aston Martin
Aston Martin, the luxury British sports car marque favoured by screen spy James Bond, faces having its credit rating downgraded deeper into "junk", Moody's has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Warren Buffett buys Spanish bank's insurance business for 600m
Billionaire buys insurance business of Caixabank for 600m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2624f8c2/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151538843136.....
Giant Lego Advent calendar transforms warehouse into Christmas grotto
Harry Wallop visits Duncan Titmarsh, the country's only official "Lego Certified Professional", to help him build a giant Lego Advent calendar.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26246227/mf.gif' bord.....
BP ban on US contracts 'could take months to lift'
The ban on BP bidding for new federal contracts in the US could take many months to lift, it has emerged, as US officials poured cold water on the British company's suggestion that the restriction could soon be ended.<img width='1' height='1' src=.....
Debt crisis: as it happened - November 30, 2012
Eurozone unemployment hits a record high of 11.7pc, as the German Bundestag approves the latest Greek debt deal to provide a new 44bn rescue package by 473 votes to 100.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Debt crisis: Eurozone unemployment hits record high - live
Eurozone unemployment hits a record high of 11.7pc, as the German Bundestag approves the latest Greek debt deal to provide a new 44bn rescue package by 473 votes to 100.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Female executive appointments 'static' raising concerns over women on boards pipeline
The number of women taking up FTSE 100 executive board posts has scarcely moved in two years, raising concerns not enough is being done to address equality at the top.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Bleak time for Britain's charities as donations drop
Donations to charities have fallen by 20pc in real terms in the past year - a 1.7bn shortfall.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2623bf34/mf.gif' border='0'/>.....
Eurozone unemployment hits record high of 11.7pc
Recession in the eurozone forced a further 173,000 people out of work during October and pushed the unemployment rate to a record high of 11.7pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2622dc69/mf.gif' bo.....
David Rowland: The man who wants to buy The Independent
David Rowland's emergence as a potential bidder for The Independent would have surprised many people - it shouldn't. The property to politics millionaire has been involved in almost every business area in his long career.<img width='1' height='1' .....
Friday, 30 November 2012
Thursday, 29 November 2012
UK Financial News on 2012-11-29
Energy Bill for 'cleaner economy'
Energy minister Ed Davey publishes his much-trailed Energy Bill, setting out the roadmap for the UK's switch to "a low-carbon economy"......
UK banks 'may need more capital'
Major UK banks may need to raise more capital as protection against possible future losses, the Bank of England's Financial Policy Committee has said......
US growth rate revised up to 2.7%
The US economy grew at an annualised 2.7% in the third quarter of the year, revised data shows, up from the 2% estimate released before the election......
Firms bidding for Twinkies brands
One of the best-known US snack food brands may survive as its bankrupt owner reveals it is in talks with 110 potential buyers......
HP accountants sued over Autonomy
Deloitte and KPMG are being sued over their alleged role in Hewlett-Packard's controversial purchase of Autonomy......
Rail official job case adjourned
The most senior of the three officials suspended after the collapse of the West Coast Mainline rail contract fails in her latest legal bid to be allowed back to work......
IMF seeks Greek buyback success
The International Monetary Fund says that Greece must successfully complete a buyback of its own debt to get its next round of bailout cash......
Microsoft prices 'pro' Surface
Microsoft reveals the price of the "pro" version of its Surface tablet will start at $899 (560) following "modest sales" of a less powerful version......
Anglo Irish suing Ernst & Young
Anglo Irish Bank is suing its former auditor Ernst & Young for failing to spot the lender's massive exposure to the Irish property bubble......
Britons held in Spain fraud probe
Ten Britons are among 22 people arrested in Spain during an investigation into an alleged 8m euro (6m) "boiler room fraud"......
BP banned from new US contracts
BP is temporarily banned from new US contracts due to a "lack of business integrity" over the Gulf of Mexico disaster, the US environment agency says......
Dixons to benefit from Comet woes
Dixons, the owner of Currys and PC World, says it will "benefit" from the demise of rival Comet, but reports losses after problems at its Pixmania unit......
House prices 'still edging down'
House prices are still falling slowly, according to the latest figures from the Nationwide building society......
'Weak' UK market hits B&Q sales
B&Q owner Kingfisher blames the UK's "generally weak consumer backdrop" for a fall in sales at the home improvement chain......
Iberia faces pre-Christmas strike
Employees at troubled Spanish airline Iberia, sister company of British Airways, vote to go on strike in the run-up to Christmas......
EU unveils plan for euro's future
The European Commission sets out a timetable for eurozone integration, including plans for a separate eurozone budget and joint issuance of debt......
CBI pushes government for growth
The CBI business group is asking the chancellor to use windfall money to help lift economic growth......
Indian tycoon buys NY Plaza Hotel
Indian billionaire Subrata Roy pays $575m (360m) for a majority stake in the Plaza Hotel in Manhattan, and $220m for a second New York luxury hotel......
Payday loan rates 'to be limited'
The government is to change the law to allow restrictions to be imposed on the interest rates charged for so-called "payday loans"......
One in 10 workers underemployed
One in 10 of all workers in the UK is unable to work as many hours as they want or need to, an official study of underemployment shows......
Rail commuters face 6% fare rise
Some rail commuters in England will face a rise of nearly 6.5% for their season tickets next year......
Philippines reports robust growth
The Philippines economy grows more than forecast in the third quarter, boosted by increased consumer and government spending and a recovery in exports......
Concorde killings verdict quashed
A French court clears US airline Continental of criminal blame for the Concorde crash in 2000, two years after another court ruled it responsible......
Rio Tinto targets $5bn cost cuts
The world's second-biggest mining group, Rio Tinto, announces plans to slash its costs by $5bn (3.2bn) over the next two years......
Comet 'could close within weeks'
Comet is unlikely to be trading beyond Christmas, the head of the company which wants to buy the insolvent electrical chain's website tells the BBC......
ITV wants 'exact' World Cup times
Fifa must ensure that matches in the 2014 World Cup start on time, the head of sport at UK commercial TV broadcaster ITV says......
Champions League could be doubled
Uefa is considering scrapping the Europa League in favour of doubling the number of teams in the Champions League......
AUDIO: What is the UK's answer to Silicon Valley?
Cabinet Office Minister Francis Maude and Universities and Science Minister David Willetts will be in silicon roundabout today to discuss how to grow the sector......
AUDIO: 'Banks have become uninvestable'
The Bank of England's financial policy committee meets today to discuss whether banks have enough of a cushion to survive if some of the money they have lent does not get repaid by struggling homeowners or businesses......
VIDEO: Can the printed newspaper survive?
Falling sales of newspapers and rising sales of tablet computers are seeing readers move from the printed to online news......
VIDEO: Davey: Renewable 'is affordable'
The UK government is considering paying firms for cutting electricity use as part of plans to try to save energy and reduce costs......
VIDEO: Energy Bill for 'cleaner economy'
Energy minister Ed Davey has unveiled the government's much-trailed Energy Bill, setting out the roadmap for the UK's switch to "a low-carbon economy"......
VIDEO: Qantas severs Tourism Australia ties
Australia's national airline is embroiled in a row over how it should be run and there's a possible takeover of the airline in the wings. Duncan Kennedy explains from Sydney......
VIDEO: Interview with 'Father of the iPod'
Tony Fadell, known as the 'Father of the iPod', gives a rare interview to the BBC, discussing his time with Apple, and his latest venture, Nest......
VIDEO: Gulf's fight for fresh fruit and veg
With summer temperatures soaring to more than 50C, food suppliers in the Gulf face a challenge to ensure that perishable fruits and vegetables arrive in an edible state......
Still making money after 50 years
Still making money after 50 years.....
Singapore rap aims to boost birth rate
Singapore struggles to boost its birth rate.....
Brazil looks to score overseas shirt sales boost
Brazil football clubs eye overseas kit sales boost.....
Convertible Beetle back in battle for VW in the US
Volkswagen bets on third generation Beetle to bolster sales.....
Berlin's hi-tech boom in 'Silicon Allee'
Can Berlin overtake London as Europe's hi-tech hub?.....
Fear over Next Media Taiwan sale
Is Taiwan's media freedom under threat?.....
Mode 4: Trade talks reopen migration debate
Potential trade deal reopens migration debate.....
Goal-line technology battle goes to shoot-out
The battle to provide football's goal-line technology.....
A tale of two Russians
Why Russia's new young professionals are looking abroad.....
U.S. Day Ahead: Obama tapping Angry Birds to resolve cliff
Nov 29 - President Obama will press his case of raising taxes on the rich at a factory in PA. The plant makes parts for Angry Bird toys - that could describe the state of negotiations on the Hill......
Automakers looking for gold in "green"
Nov. 29 - Automakers show-off new lines of green cars with an added emphasis on beauty and style at this year's Los Angeles Auto Show. Conway G. Gittens reports......
Sea-based attack drone readied for first carrier trials
Nov. 29 - The US Navy's first sea-based, unmanned attack aircraft is being prepared for its maiden test flight from an aircraft carrier. The Northrop Grumman X-47 B arrived for duty aboard the USS Harry Truman on Monday (November 26) with the Navy ex.....
The Exchange: Business lessons from the Grateful Dead
Rob Cox talks to the New Yorker's Nick Paumgarten about how the rock band's focus on touring, taping and community presaged the post-album era of the music business......
Trading at Noon: Tiffany, RIM & Groupon on the move
Nov 29 - Tiffany shares slide on weakness in Asia, RIM rises on a Goldman Sachs upgrade and Groupon's board decides Mason's future.....
Daily Digit: Invensys shares jump on rail deal
Nov. 29 - Invensys shares jump by 37% in two days after Siemens said it was paying 1.74 bln for its railway signalling company. Joel Flynn reports......
Breakingviews: Argentina's chance for a deal
Nov 29 - Rob Cox and Breakingviews columnists discuss why a court order is the nation's golden opportunity to resolve disputes with holdout creditors and return to global debt markets......
French row over Mittal plant closure
Nov. 29 - The row over steelmaker Mittal's presence in France has intensified, since Industry Minister Arnaud Montebourg said it was no longer welcome in the country, due to years of broken promises. ArcelorMittal has said it will shut down two furna.....
Stocks to see 'respectable' gains in 2013 - Omega's Einhorn
Investment Outlook Summit......
Europe Day Ahead: Germany to greenlight Greek aid
Nov. 29 - A look ahead to Fridays events including a German vote on Greeces bailout, plus inflation and jobless data from the euro zone......
Police smash $30m credit card theft
Nov.29 - International police forces have broken up a Romanian syndicate allegedly behind a 30 million US dollar credit card fraud which officials say is Australia's biggest theft of its kind. Hayley Platt reports......
Euro is "irreversible" currency union: former Irish PM
Nov. 29 - John Bruton, the former prime minister of Ireland, says no one wants to see a break-up of the European Union and thinks Ireland has made good progress getting its fiscal house in order......
3XSQ: U.S. Q3 growth raised to 2.7% on strong inventories
Nov 29 - The U.S. economy grew faster than initially thought in the third quarter, but the momentum is unlikely to be sustained......
Factbox: Fly me to the moon - a revolution in air travel
Nov. 29 - The Sabre engine acts as both a jet and a rocket, and is capable of flying between London and Sydney in less than 4 hours at the edge of space......
U.S. Morning Call: Tiffany's loses luster; Groupon eyes CEO
Nov 29 - Tiffany & Co lowered its fiscal-year sales and profit outlook as it reported lower-than-expected quarterly sales; Groupon CEO Andrew Mason could be on the chopping block at today's board meeting......
Reuters on the Road: Google Campus inspires London startups
Nov. 29 - Head of Campus Eze Vidra takes the taxi challenge to explain how Campus is helping ideas come to life by providing a place people can meet, collaborate and inspire......
Breakingviews: Siemens Invensys secret?
Nov. 29 - Siemens' $2.8 bln buy of Invensys' rail unit has wrongfooted the markets, but could be worth it, argues Breakingviews......
Rough Cuts: Olam CEO says won't tap debt markets for now
after launching a vigorous defence of the firm against short-seller Muddy Waters' attacks on its accounting practices. No reporter narration......
Breakingviews: China's 'broken' stock markets
Breakingviews......
Reuters Today: Christmas truce in U.S. fiscal cliff battle?
Nov. 29 - U.S. President Obama and House leader Boehner are confident a deal can be struck on the fiscal deficit before year-end. A day of reckoning for the UK press and Egypt's Mursi will address the nation......
A hot Hong Kong commodity -- banned books
Nov. 29 - Chinese readers are flocking to Hong Kong for forbidden literary fruit - books on political scandals, high-profile leaders and love affairs - that they cant get on the more censorship-prone mainland......
Home renting: The new American Dream?
Nov. 28 - New sales of single family homes fell only slightly in October, but Americans may quickly be turning more into home renters than home buyers with the shock of the recent housing crisis still fresh in their memories. Rhonda Schaffler reports.....
Sports Spread: Can Chelsea Hammer out a Win at West Ham?
Nov. 29 - New Chelsea boss Rafa Benitez is hoping to banish Chelsea's blues at West Ham. Plus Harry's in the hotseat at QPR and England take on the All Blacks......
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......
Triple-digit Dow gain on cliff hopes
Nov. 28 - Summary of business headlines: Markets rally on fiscal cliff optimism; Costco, Disney to issue special dividend; Multiple bids for Knight Capital- sources; New home sales fall. Bobbi Rebell reports......
Facebook could make own games after Zynga agreement
Agreement also allows Zynga to refuse to display Facebook's ads.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261c9d7a/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151538.....
West Coast rail: Kate Mingay accuses Government of making her a 'public sacrifice'
A civil servant suspended over the West Coast rail bid fiasco accused the Government of making her a "public sacrifice" as she failed to persuade the High Court to allow her to return to work immediately.<img width='1' height='1' src='http://teleg.....
Tory party donor David Rowland in talks to take over Independent
Millionaire businessman David Rowland is in the running to take over The Independent and The Independent on Sunday, it has emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261bebd0/mf.gif' border='0'/>&.....
How academics can help small firms' ideas take flight
As an engineering firm explains how its alliance with a university has led to new contracts , more small businesses are encouraged to consider using so called 'Knowledge Transfer Partnerships'.<img width='1' height='1' src='http://telegraph.feedsp.....
Higher interest rates would help bring normality back to the banks
One of the main risks to medium-term financial stability, according to the Bank of England's Financial Policy Committee, is the search for yield.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261b5864/mf.gif' bo.....
Bernie Madoff is a reminder that a strong SEC is worth fighting for
The high-profile transfer of Mark Carney from the Bank of Canada to the Bank of England has been the talk of the British and Canadian capitals. Understandably so.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26.....
The SEC is stronger than ever, but can it stay that way without Mary Schapiro?
The high-profile transfer of Mark Carney from the Bank of Canada to the Bank of England has been the talk of the British and Canadian capitals. Understandably so.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26.....
Watchdog sinks its teeth into the banks
For months, members of the Financial Policy Committee (FPC) have been barking at the banks about undeclared losses and the need to raise capital. On Thursday, they finally showed they can bite, too.<img width='1' height='1' src='http://telegraph.f.....
UK banks face 60bn black hole
Britain's banks face a financial black hole of up to 60bn from regulatory demands, hidden losses, and potential mis-selling costs that threaten to jeopardise future growth, the Bank of England has warned.<img width='1' height='1' src='http://teleg.....
Oil spills likely in the Arctic, admits Shell executive
'There's no sugar-coating this, I imagine there would be spills.'<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261aa8ff/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15153.....
Invensys shares gain on bid chatter
Analysts said the sale of the group's rail division could spur a takeover.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261aa907/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....
RBS faces Bank of England pressure to look at new asset sales
Royal Bank of Scotland could be forced to explore the sale of businesses considered "core" to its operations after the Bank of England increased the pressure on lenders to raise new capital.<img width='1' height='1' src='http://telegraph.feedsport.....
Greek deal frays as IMF threatens walk-out on debt buy-back impasse
The eurozone's debt relief plan for Greece has hit serious trouble.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261aa325/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151.....
Deloitte and KPMG drawn into Autonomy accounting row
Deloitte and KPMG disregarded numerous "red flags" in Autonomy's accounts that led to Hewlett-Packard "grossly" overpaying when it bought the British company, according to a legal claim.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
B&Q owner Kingfisher warns of "opaque" outlook
Kingfisher wary on winter sales as it posts profit uptick in UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261a2025/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151538.....
Comet failed after 'structurally unsound' OpCapita deal, Dixons boss says
Comet failed because of a "structurally unsound" sale to OpCapita and its long-term failure to invest in online technology, the chief executive of Dixons Retail, Britain's largest electrical retailer, has claimed.<img width='1' height='1' src='htt.....
Aviva cuts 120 jobs in Sheffield
Insurer Aviva is to axe 120 jobs at its property claims management business Asprea, largely based in Sheffield.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261a2027/mf.gif' border='0'/><br/><br/>.....
Debt crisis: as it happened - November 29, 2012
The big four banks in Britain exposure to the debt of Greece, Ireland, Italy, Spain Portugal is 174bn says Bank of England as OCED warns of long recession in Spain with little hope of a quick recovery.<img width='1' height='1' src='http://telegrap.....
UK banks exposure to PIIGS 174bn - debt crisis live
The big four banks in Britain exposure to the debt of Greece, Ireland, Italy, Spain Portugal is 174bn says Bank of England as OCED warns of long recession in Spain with little hope of a quick recovery.<img width='1' height='1' src='http://telegrap.....
Women to see life insurance premiums rise by 20pc
Women urged to renew policies prior to EU gender neutral legislation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261a11ab/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Former Anglo Irish Bank sues Ernst & Young
Irish Bank Resolution Corporation, formerly Anglo Irish Bank, has launched legal action against its ex-auditors Ernst & Young, who served the bank in the years running up to a 22.9bn (18.6bn) state bail-out.<img width='1' height='1' src='http:.....
Spain engulfed in long recession - debt crisis live
Spain is engulfed in a long recession with little hope of a quick recovery, a respected international think-tank has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2619d0d8/mf.gif' border='0'/><br/>.....
Scottish pension members targeted in phone scam
Members of the Scottish Public Pension Authority received hoax calls asking for bank details.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2619af09/mf.gif' border='0'/><br/><br/><a href="http:.....
Debt crisis: quick Spanish recovery 'remote' says OECD
Spain is engulfed in a long recession with little hope of a quick recovery, a respected international think-tank has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261939e9/mf.gif' border='0'/><br/>.....
BOE says bank may not have enough capital - debt crisis live
British banks may not have enough capital set aside as a defence against future financial market dangers due to their over-optimistic assessment of the risks facing them, the Bank of England said on Thursday.<img width='1' height='1' src='http://t.....
Energy minister Ed Davey publishes his much-trailed Energy Bill, setting out the roadmap for the UK's switch to "a low-carbon economy"......
UK banks 'may need more capital'
Major UK banks may need to raise more capital as protection against possible future losses, the Bank of England's Financial Policy Committee has said......
US growth rate revised up to 2.7%
The US economy grew at an annualised 2.7% in the third quarter of the year, revised data shows, up from the 2% estimate released before the election......
Firms bidding for Twinkies brands
One of the best-known US snack food brands may survive as its bankrupt owner reveals it is in talks with 110 potential buyers......
HP accountants sued over Autonomy
Deloitte and KPMG are being sued over their alleged role in Hewlett-Packard's controversial purchase of Autonomy......
Rail official job case adjourned
The most senior of the three officials suspended after the collapse of the West Coast Mainline rail contract fails in her latest legal bid to be allowed back to work......
IMF seeks Greek buyback success
The International Monetary Fund says that Greece must successfully complete a buyback of its own debt to get its next round of bailout cash......
Microsoft prices 'pro' Surface
Microsoft reveals the price of the "pro" version of its Surface tablet will start at $899 (560) following "modest sales" of a less powerful version......
Anglo Irish suing Ernst & Young
Anglo Irish Bank is suing its former auditor Ernst & Young for failing to spot the lender's massive exposure to the Irish property bubble......
Britons held in Spain fraud probe
Ten Britons are among 22 people arrested in Spain during an investigation into an alleged 8m euro (6m) "boiler room fraud"......
BP banned from new US contracts
BP is temporarily banned from new US contracts due to a "lack of business integrity" over the Gulf of Mexico disaster, the US environment agency says......
Dixons to benefit from Comet woes
Dixons, the owner of Currys and PC World, says it will "benefit" from the demise of rival Comet, but reports losses after problems at its Pixmania unit......
House prices 'still edging down'
House prices are still falling slowly, according to the latest figures from the Nationwide building society......
'Weak' UK market hits B&Q sales
B&Q owner Kingfisher blames the UK's "generally weak consumer backdrop" for a fall in sales at the home improvement chain......
Iberia faces pre-Christmas strike
Employees at troubled Spanish airline Iberia, sister company of British Airways, vote to go on strike in the run-up to Christmas......
EU unveils plan for euro's future
The European Commission sets out a timetable for eurozone integration, including plans for a separate eurozone budget and joint issuance of debt......
CBI pushes government for growth
The CBI business group is asking the chancellor to use windfall money to help lift economic growth......
Indian tycoon buys NY Plaza Hotel
Indian billionaire Subrata Roy pays $575m (360m) for a majority stake in the Plaza Hotel in Manhattan, and $220m for a second New York luxury hotel......
Payday loan rates 'to be limited'
The government is to change the law to allow restrictions to be imposed on the interest rates charged for so-called "payday loans"......
One in 10 workers underemployed
One in 10 of all workers in the UK is unable to work as many hours as they want or need to, an official study of underemployment shows......
Rail commuters face 6% fare rise
Some rail commuters in England will face a rise of nearly 6.5% for their season tickets next year......
Philippines reports robust growth
The Philippines economy grows more than forecast in the third quarter, boosted by increased consumer and government spending and a recovery in exports......
Concorde killings verdict quashed
A French court clears US airline Continental of criminal blame for the Concorde crash in 2000, two years after another court ruled it responsible......
Rio Tinto targets $5bn cost cuts
The world's second-biggest mining group, Rio Tinto, announces plans to slash its costs by $5bn (3.2bn) over the next two years......
Comet 'could close within weeks'
Comet is unlikely to be trading beyond Christmas, the head of the company which wants to buy the insolvent electrical chain's website tells the BBC......
ITV wants 'exact' World Cup times
Fifa must ensure that matches in the 2014 World Cup start on time, the head of sport at UK commercial TV broadcaster ITV says......
Champions League could be doubled
Uefa is considering scrapping the Europa League in favour of doubling the number of teams in the Champions League......
AUDIO: What is the UK's answer to Silicon Valley?
Cabinet Office Minister Francis Maude and Universities and Science Minister David Willetts will be in silicon roundabout today to discuss how to grow the sector......
AUDIO: 'Banks have become uninvestable'
The Bank of England's financial policy committee meets today to discuss whether banks have enough of a cushion to survive if some of the money they have lent does not get repaid by struggling homeowners or businesses......
VIDEO: Can the printed newspaper survive?
Falling sales of newspapers and rising sales of tablet computers are seeing readers move from the printed to online news......
VIDEO: Davey: Renewable 'is affordable'
The UK government is considering paying firms for cutting electricity use as part of plans to try to save energy and reduce costs......
VIDEO: Energy Bill for 'cleaner economy'
Energy minister Ed Davey has unveiled the government's much-trailed Energy Bill, setting out the roadmap for the UK's switch to "a low-carbon economy"......
VIDEO: Qantas severs Tourism Australia ties
Australia's national airline is embroiled in a row over how it should be run and there's a possible takeover of the airline in the wings. Duncan Kennedy explains from Sydney......
VIDEO: Interview with 'Father of the iPod'
Tony Fadell, known as the 'Father of the iPod', gives a rare interview to the BBC, discussing his time with Apple, and his latest venture, Nest......
VIDEO: Gulf's fight for fresh fruit and veg
With summer temperatures soaring to more than 50C, food suppliers in the Gulf face a challenge to ensure that perishable fruits and vegetables arrive in an edible state......
Still making money after 50 years
Still making money after 50 years.....
Singapore rap aims to boost birth rate
Singapore struggles to boost its birth rate.....
Brazil looks to score overseas shirt sales boost
Brazil football clubs eye overseas kit sales boost.....
Convertible Beetle back in battle for VW in the US
Volkswagen bets on third generation Beetle to bolster sales.....
Berlin's hi-tech boom in 'Silicon Allee'
Can Berlin overtake London as Europe's hi-tech hub?.....
Fear over Next Media Taiwan sale
Is Taiwan's media freedom under threat?.....
Mode 4: Trade talks reopen migration debate
Potential trade deal reopens migration debate.....
Goal-line technology battle goes to shoot-out
The battle to provide football's goal-line technology.....
A tale of two Russians
Why Russia's new young professionals are looking abroad.....
U.S. Day Ahead: Obama tapping Angry Birds to resolve cliff
Nov 29 - President Obama will press his case of raising taxes on the rich at a factory in PA. The plant makes parts for Angry Bird toys - that could describe the state of negotiations on the Hill......
Automakers looking for gold in "green"
Nov. 29 - Automakers show-off new lines of green cars with an added emphasis on beauty and style at this year's Los Angeles Auto Show. Conway G. Gittens reports......
Sea-based attack drone readied for first carrier trials
Nov. 29 - The US Navy's first sea-based, unmanned attack aircraft is being prepared for its maiden test flight from an aircraft carrier. The Northrop Grumman X-47 B arrived for duty aboard the USS Harry Truman on Monday (November 26) with the Navy ex.....
The Exchange: Business lessons from the Grateful Dead
Rob Cox talks to the New Yorker's Nick Paumgarten about how the rock band's focus on touring, taping and community presaged the post-album era of the music business......
Trading at Noon: Tiffany, RIM & Groupon on the move
Nov 29 - Tiffany shares slide on weakness in Asia, RIM rises on a Goldman Sachs upgrade and Groupon's board decides Mason's future.....
Daily Digit: Invensys shares jump on rail deal
Nov. 29 - Invensys shares jump by 37% in two days after Siemens said it was paying 1.74 bln for its railway signalling company. Joel Flynn reports......
Breakingviews: Argentina's chance for a deal
Nov 29 - Rob Cox and Breakingviews columnists discuss why a court order is the nation's golden opportunity to resolve disputes with holdout creditors and return to global debt markets......
French row over Mittal plant closure
Nov. 29 - The row over steelmaker Mittal's presence in France has intensified, since Industry Minister Arnaud Montebourg said it was no longer welcome in the country, due to years of broken promises. ArcelorMittal has said it will shut down two furna.....
Stocks to see 'respectable' gains in 2013 - Omega's Einhorn
Investment Outlook Summit......
Europe Day Ahead: Germany to greenlight Greek aid
Nov. 29 - A look ahead to Fridays events including a German vote on Greeces bailout, plus inflation and jobless data from the euro zone......
Police smash $30m credit card theft
Nov.29 - International police forces have broken up a Romanian syndicate allegedly behind a 30 million US dollar credit card fraud which officials say is Australia's biggest theft of its kind. Hayley Platt reports......
Euro is "irreversible" currency union: former Irish PM
Nov. 29 - John Bruton, the former prime minister of Ireland, says no one wants to see a break-up of the European Union and thinks Ireland has made good progress getting its fiscal house in order......
3XSQ: U.S. Q3 growth raised to 2.7% on strong inventories
Nov 29 - The U.S. economy grew faster than initially thought in the third quarter, but the momentum is unlikely to be sustained......
Factbox: Fly me to the moon - a revolution in air travel
Nov. 29 - The Sabre engine acts as both a jet and a rocket, and is capable of flying between London and Sydney in less than 4 hours at the edge of space......
U.S. Morning Call: Tiffany's loses luster; Groupon eyes CEO
Nov 29 - Tiffany & Co lowered its fiscal-year sales and profit outlook as it reported lower-than-expected quarterly sales; Groupon CEO Andrew Mason could be on the chopping block at today's board meeting......
Reuters on the Road: Google Campus inspires London startups
Nov. 29 - Head of Campus Eze Vidra takes the taxi challenge to explain how Campus is helping ideas come to life by providing a place people can meet, collaborate and inspire......
Breakingviews: Siemens Invensys secret?
Nov. 29 - Siemens' $2.8 bln buy of Invensys' rail unit has wrongfooted the markets, but could be worth it, argues Breakingviews......
Rough Cuts: Olam CEO says won't tap debt markets for now
after launching a vigorous defence of the firm against short-seller Muddy Waters' attacks on its accounting practices. No reporter narration......
Breakingviews: China's 'broken' stock markets
Breakingviews......
Reuters Today: Christmas truce in U.S. fiscal cliff battle?
Nov. 29 - U.S. President Obama and House leader Boehner are confident a deal can be struck on the fiscal deficit before year-end. A day of reckoning for the UK press and Egypt's Mursi will address the nation......
A hot Hong Kong commodity -- banned books
Nov. 29 - Chinese readers are flocking to Hong Kong for forbidden literary fruit - books on political scandals, high-profile leaders and love affairs - that they cant get on the more censorship-prone mainland......
Home renting: The new American Dream?
Nov. 28 - New sales of single family homes fell only slightly in October, but Americans may quickly be turning more into home renters than home buyers with the shock of the recent housing crisis still fresh in their memories. Rhonda Schaffler reports.....
Sports Spread: Can Chelsea Hammer out a Win at West Ham?
Nov. 29 - New Chelsea boss Rafa Benitez is hoping to banish Chelsea's blues at West Ham. Plus Harry's in the hotseat at QPR and England take on the All Blacks......
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......
Triple-digit Dow gain on cliff hopes
Nov. 28 - Summary of business headlines: Markets rally on fiscal cliff optimism; Costco, Disney to issue special dividend; Multiple bids for Knight Capital- sources; New home sales fall. Bobbi Rebell reports......
Facebook could make own games after Zynga agreement
Agreement also allows Zynga to refuse to display Facebook's ads.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261c9d7a/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151538.....
West Coast rail: Kate Mingay accuses Government of making her a 'public sacrifice'
A civil servant suspended over the West Coast rail bid fiasco accused the Government of making her a "public sacrifice" as she failed to persuade the High Court to allow her to return to work immediately.<img width='1' height='1' src='http://teleg.....
Tory party donor David Rowland in talks to take over Independent
Millionaire businessman David Rowland is in the running to take over The Independent and The Independent on Sunday, it has emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261bebd0/mf.gif' border='0'/>&.....
How academics can help small firms' ideas take flight
As an engineering firm explains how its alliance with a university has led to new contracts , more small businesses are encouraged to consider using so called 'Knowledge Transfer Partnerships'.<img width='1' height='1' src='http://telegraph.feedsp.....
Higher interest rates would help bring normality back to the banks
One of the main risks to medium-term financial stability, according to the Bank of England's Financial Policy Committee, is the search for yield.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261b5864/mf.gif' bo.....
Bernie Madoff is a reminder that a strong SEC is worth fighting for
The high-profile transfer of Mark Carney from the Bank of Canada to the Bank of England has been the talk of the British and Canadian capitals. Understandably so.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26.....
The SEC is stronger than ever, but can it stay that way without Mary Schapiro?
The high-profile transfer of Mark Carney from the Bank of Canada to the Bank of England has been the talk of the British and Canadian capitals. Understandably so.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26.....
Watchdog sinks its teeth into the banks
For months, members of the Financial Policy Committee (FPC) have been barking at the banks about undeclared losses and the need to raise capital. On Thursday, they finally showed they can bite, too.<img width='1' height='1' src='http://telegraph.f.....
UK banks face 60bn black hole
Britain's banks face a financial black hole of up to 60bn from regulatory demands, hidden losses, and potential mis-selling costs that threaten to jeopardise future growth, the Bank of England has warned.<img width='1' height='1' src='http://teleg.....
Oil spills likely in the Arctic, admits Shell executive
'There's no sugar-coating this, I imagine there would be spills.'<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261aa8ff/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15153.....
Invensys shares gain on bid chatter
Analysts said the sale of the group's rail division could spur a takeover.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261aa907/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....
RBS faces Bank of England pressure to look at new asset sales
Royal Bank of Scotland could be forced to explore the sale of businesses considered "core" to its operations after the Bank of England increased the pressure on lenders to raise new capital.<img width='1' height='1' src='http://telegraph.feedsport.....
Greek deal frays as IMF threatens walk-out on debt buy-back impasse
The eurozone's debt relief plan for Greece has hit serious trouble.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261aa325/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151.....
Deloitte and KPMG drawn into Autonomy accounting row
Deloitte and KPMG disregarded numerous "red flags" in Autonomy's accounts that led to Hewlett-Packard "grossly" overpaying when it bought the British company, according to a legal claim.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
B&Q owner Kingfisher warns of "opaque" outlook
Kingfisher wary on winter sales as it posts profit uptick in UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261a2025/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151538.....
Comet failed after 'structurally unsound' OpCapita deal, Dixons boss says
Comet failed because of a "structurally unsound" sale to OpCapita and its long-term failure to invest in online technology, the chief executive of Dixons Retail, Britain's largest electrical retailer, has claimed.<img width='1' height='1' src='htt.....
Aviva cuts 120 jobs in Sheffield
Insurer Aviva is to axe 120 jobs at its property claims management business Asprea, largely based in Sheffield.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261a2027/mf.gif' border='0'/><br/><br/>.....
Debt crisis: as it happened - November 29, 2012
The big four banks in Britain exposure to the debt of Greece, Ireland, Italy, Spain Portugal is 174bn says Bank of England as OCED warns of long recession in Spain with little hope of a quick recovery.<img width='1' height='1' src='http://telegrap.....
UK banks exposure to PIIGS 174bn - debt crisis live
The big four banks in Britain exposure to the debt of Greece, Ireland, Italy, Spain Portugal is 174bn says Bank of England as OCED warns of long recession in Spain with little hope of a quick recovery.<img width='1' height='1' src='http://telegrap.....
Women to see life insurance premiums rise by 20pc
Women urged to renew policies prior to EU gender neutral legislation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261a11ab/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Former Anglo Irish Bank sues Ernst & Young
Irish Bank Resolution Corporation, formerly Anglo Irish Bank, has launched legal action against its ex-auditors Ernst & Young, who served the bank in the years running up to a 22.9bn (18.6bn) state bail-out.<img width='1' height='1' src='http:.....
Spain engulfed in long recession - debt crisis live
Spain is engulfed in a long recession with little hope of a quick recovery, a respected international think-tank has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2619d0d8/mf.gif' border='0'/><br/>.....
Scottish pension members targeted in phone scam
Members of the Scottish Public Pension Authority received hoax calls asking for bank details.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2619af09/mf.gif' border='0'/><br/><br/><a href="http:.....
Debt crisis: quick Spanish recovery 'remote' says OECD
Spain is engulfed in a long recession with little hope of a quick recovery, a respected international think-tank has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261939e9/mf.gif' border='0'/><br/>.....
BOE says bank may not have enough capital - debt crisis live
British banks may not have enough capital set aside as a defence against future financial market dangers due to their over-optimistic assessment of the risks facing them, the Bank of England said on Thursday.<img width='1' height='1' src='http://t.....
Wednesday, 28 November 2012
UK Financial News on 2012-11-28
BP banned from new US contracts
BP is temporarily banned from new US contracts due to a "lack of business integrity" over the Gulf of Mexico disaster, the US environment agency says......
Comet 'could close within weeks'
Comet is unlikely to be trading beyond Christmas, the head of the company which wants to buy the insolvent electrical chain's website tells the BBC......
One in 10 workers underemployed
One in 10 of all workers in the UK is unable to work as many hours as they want or need to, an official study of underemployment shows......
Argentina wins delay over debt
Argentina, which is locked in a court battle in New York over its debt, receives more time to argue against paying investors over its defaulted debt......
Major cuts agreed at Spain banks
The European Commission gives the go-ahead to a major restructuring of four nationalised Spanish banks, which includes bank closures and thousands of job losses......
Payday loan rates 'to be limited'
The government is to change the law to allow restrictions to be imposed on the interest rates charged for so-called "payday loans"......
Nokia seeks Blackberry sales bans
Nokia is seeking to ban sales of Blackberry phones in the US, UK and Canada after its rival refused to pay patent licence fees......
Thomas Cook sees losses widen
Struggling travel group Thomas Cook has reported widening annual losses due to reduced capacity and higher fuel costs......
Spam text message pair are fined
Two men who sent millions of spam text messages have been fined 440,000 as part of an attempt to step up the fight against the illegal trade in personal information......
Buffett: Cliff talks may drag on
Billionaire investor Warren Buffett believes the US fiscal cliff may not be solved until January, missing the December deadline, as markets remain jittery......
Russia's Megafon raises $1.7bn
Megafon, the mobile phone operator controlled by Russia's richest man, raises $1.7bn from a share sale in Moscow and London......
Airport sees increased profits
Gatwick Airport announces increased half-yearly profits and growing passenger numbers......
Detached house prices 'stagnate'
Detached homes have seen the smallest rise in prices of all property types in England and Wales in the last year, figures suggest......
China 'not currency manipulator'
The US decides not to declare China as a currency manipulator but says that the yuan remains "significantly undervalued"......
Rail commuters face 6% fare rise
Some rail commuters in England will face a rise of nearly 6.5% for their season tickets next year......
Ericsson in Samsung patent claim
Ericsson files a lawsuit in the US against South Korea's Samsung Electronics for allegedly infringing its patents......
Qantas cuts tourism board ties
Qantas says it is severing ties with Australia's official tourism agency because of its chairman's 'conflict of interest'......
Indian tycoon buys NY Plaza Hotel
Indian billionaire Subrata Roy pays $575m (360m) for a majority stake in the Plaza Hotel in Manhattan, and $220m for a second New York luxury hotel......
Bond reverses Pinewood's fortunes
James Bond movie blockbuster Skyfall helps UK film studios Pinewood Shepperton bounce back into profit......
E.On to pay 1.7m in compensation
Energy company E.On agrees to pay 1.7m in compensation after it overcharged 94,000 customers following price rises......
Work programme misses job target
The government's flagship welfare-to-work programme has failed to hit its main target of getting people into long-term jobs, official figures show......
Lloyds switching letters sent out
Millions of Lloyds TSB customers will receive letters from Wednesday explaining that their accounts will be moved to a new provider......
Philippines reports robust growth
The Philippines economy grows more than forecast in the third quarter, boosted by increased consumer and government spending and a recovery in exports......
Portugal passes austerity budget
Recession-struck Portugal passes a budget promising another year of spending cuts and tax rises, as protesters surround parliament......
Cable launches UK's 'Green Bank'
The UK's new Green Investment Bank is officially launched in Edinburgh by the Business Secretary Vince Cable......
Olam refutes insolvency claims
Singapore-based commodities firm Olam International fights back in its escalating battle with US research company Muddy Waters......
Next Media in $600m Taiwan sale
Hong Kong-based Next Media agrees to sell its Taiwanese print and television units to two local consortia for 17.5bn Taiwanese dollars ($600m; 350m)......
Lynch: HP should back up claims
The former head of Autonomy, the UK group accused of misrepresenting its finances by US computer maker Hewlett-Packard, demands details of the allegations......
Champions League could be doubled
Uefa is considering scrapping the Europa League in favour of doubling the number of teams in the Champions League......
Elgin fined 25,000 over call-off
Elgin City are fined 25,000 by the SFL following the postponement of Sunday's match against Rangers......
Millions of Dons' debt converted
Aberdeen chairman Stewart Milne and Aberdeen Asset Management agree to convert almost 6 million of club debt......
VIDEO: Morrisons criticise alcohol price plans
Speaking to the BBC's Dominic Hughes, Guy Mason from Morrisons said that minimum unit prices for alcohol would punish responsible customers......
VIDEO: The case against Christmas presents
Many people are pulling out their credit cards and logging on, or trudging along High Streets, to buy Christmas presents......
VIDEO: Spraying milk at the riot police
Angry farmers protesting at falling dairy prices in the EU have sprayed fresh milk at the European Parliament and riot police in Brussels......
VIDEO: Japan 'sleepwalking to oblivion'
British businessman Michael Woodford tells HARDtalk that many people he now works with in financial services are 'desperately frightened' that Japan 'is sleepwalking to oblivion.'.....
AUDIO: Warren Buffett on his investment success
Warren Buffett is reckoned to be the most successful investor of all time, and spoke to American Public Radio's Kai Ryssdal about his success and the state of the global economy......
AUDIO: UK 'is online dating capital of Europe'
The United Kingdom is the online dating capital of Europe, according to a new survey......
AUDIO: Will global trade deals aid UK jobs?
With Boris Johnson in Mumbai banging the drum for British business, how much do trade deals really benefit the countries involved?.....
VIDEO: Thomas Cook sees losses widen
Struggling travel group Thomas Cook has reported widening annual losses due to reduced capacity and higher fuel cost......
Goal-line technology battle goes to shoot-out
The battle to provide football's goal-line technology.....
A tale of two Russians
Why Russia's new young professionals are looking abroad.....
Viewpoints: Mark Carney
Expert views on the job facing new Bank of England governor.....
France: Treading troubled waters
Should we be worried about the French economy?.....
Fifa and Brazil in harmony over 2014
Fifa and Brazil work in harmony towards 2014 World Cup.....
Foreign carmakers dominate LA show
European and Asian carmakers dominate LA.....
Patience needed to profit online in India
Why online businesses must be patient in pursuit of profit.....
CEO Guru: Persistence and determination
Why persistence is a key quality for business leaders.....
U.S. Day Ahead: It could be "no deal" for Groupon CEO Mason
Nov 28 - Groupon's Andrew Mason faces a key test of his leadership of the beleaguered company when its board meets to discuss the future of the CEO......
Power Player: Knight's Tom Joyce
Nov. 28 - Knight Capital CEO Tom Joyce looks likely to come out on top if Getco Holdings gets control of the Wall Street firm despite his questionable leadership during a tumultuous time. Bobbi Rebell reports......
Daily Digit: Windows 8 reach 40 mln
Nov. 28 - Microsoft sold 40 million Windows 8 licenses in the month since the launch, setting a faster pace than Windows 7 sales three years ago, according to the company. Conway G. Gittens reports......
Breakingviews: SEC thinks it has a good case vs. Cohens SAC
Breakingviews columnist Reynolds Holding......
Obama, Boehner optimistic on fiscal cliff
Nov. 28 - U.S. President Barack Obama hopes for a deficit reduction framework by Christmas as the top Republican lawmaker is optimistic they can avert a fiscal crisis. Deborah Lutterbeck reports......
Wealth Strategies: SAC scandal ups need for transparency
Nov. 28 - Jason Ader, CEO of Ader Investment Management, says the SEC investigation into Steven Cohen and his SAC Capital demonstrates due diligence needed to invest in hedge funds and alternative investments.....
Breakingviews: Will SAC investors jump ship?
Nov 28 - Rob Cox and Breakingviews columnists discuss what the Wells notice issued to SAC means for its investors and whether Steve Cohen is also in the regulators' sights......
Trading at Noon: SAC & Knight Capital talk of the town
Nov 28 - SAC Capital may face civil charges over alleged insider trading, and Knight Capital rises on takeover talk.....
Bankia jobs cut as Spain's banks restructure
Nov. 28 - Thousands of job losses and tens of billions of euros of asset sales are part of the price of a Spanish banking restructuring that will see EU give the sector aid to try to help it out of a crisis. Joel Flynn reports......
Mobile lift takes mountain warfare to new heights
Nov. 28 - The Russian army, stationed on the Russia-Georgia border, has been testing a new mobile cable lift in the Caucasus Mountains. The lift is designed to speed troop and weapons deployment for combat missions in difficult terrain. Rob Muir repo.....
Europe Day Ahead: Key UN vote for Palestine
Nov. 28 - A look at Thursdays key events including the BoE stability report, German jobless data and a key UN vote on Palestinian status.....
Wealth Strategies: Stock market may force fiscal cliff issue
Nov. 28 - Offit Capital CIO Todd Petzel says the stock market could suffer a severe drop if Congress doesn't resolve fiscal cliff issues, but that market reaction may be just what's needed to get a deal done......
3XSQ: Obama meets corporate chiefs; SAC gets Wells notice
Nov 28 - Chief executives from top U.S. corporations, including Goldman Sachs, Deloitte LLP, and Caterpillar, will meet with President Barack Obama today to discuss U.S. fiscal problems......
Factbox: London's diverCity
Nov. 28 - The financial services industry in Britain is far more diverse than most people think. In fact, it is more racially and culturally diverse than the nation as a whole......
London's black cab maker heads for dead end
Nov.28 - Manganese Bronze, the maker of London's black cabs, is in administration. Part owned by Chinese automaker Geely, the company faces stiff competition from Mercedes Benz and a new taxi Nissan plans for next year. Ivor Bennett reports.....
Breakingviews: Carney's new broom
Breakingviews explains the likely top three changes......
When short-sellers attack: How companies can play defense
Jon Gordon investigates......
Actually, your boss really is a psycho
Nov. 28 - Theres a high chance your boss, or even the likes of Steve Jobs, are high on the psychopath spectrum, says Oxford University psychologist Kevin Dutton......
Reuters Today: Fiscal cliff gloom casts clouds
Nov. 28 - Fresh worries over the U.S. economy turn investors risk-averse and instability in the Middle East adds pressure......
U.S. Morning Call: CEOs meet with Obama on fiscal crisis
Nov 28 - CEOs of U.S. corporations head to the White House today to meet with President Obama to hash out solutions to the fiscal crisis......
Daily Digit: Russia's MegaFon IPO
Nov.28 - Russia's second biggest mobile operator MegaFon has raised $1.7 billion through an initial public offering, the biggest telecoms listing in London for more that a decade but shares immediately trader. Hayley Platt reports......
Market Pulse: Sustainable Greek debt 100 bln write-off?
Nov. 28 - Official lenders to Greece may have to write-off chunks of their loans if Greece is to recover. A 100 bln write-off would go a long way to doing just that, says Fitch's Tony Stringer......
Stocks slip on cliff caution
Nov. 27 - Summary of business headlines: Down day for stocks; Cyber Monday success; Consumer confidence hits new 4-year high; Home prices rise again; ConAgra buys Ralcorp Holdings. Bobbi Rebell reports......
Daily Digit: Cyber Monday sales jump 30%
Nov. 27 - Online sales jumped 30.3% this Cyber Monday compared to a year ago, reaching an all-time high, according to analysis compiled by IBM. Conway G. Gittens reports......
U.S. Day Ahead: SAC's Steven Cohen goes for damage control
Nov 27 - Wednesday is all about hedge fund superstar Steve Cohen and how he'll reassure the world SAC Capital's $14 billion dollar business is squeaky clean when the firm holds a call with investors......
Moody's downgrades Hewlett-Packard
Hewlett-Packard, the technology giant in dispute with Autonomy founder Mike Lynch, has had its credit rating cut by Moody's amid concerns over its ability to keep up with rivals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Siemens deal shows Invensys has been chronically undervalued
Sir Nigel Rudd's 1.74bn disposal of the Invensys rail signalling division gets the engineering technology business out of jail and is probably the old campaigner's best deal of a long and varied career - albeit the contribution of chief executive Way.....
Have we really seen the end of growth?
Shutter up the house and prepare for nuclear winter, writes Jeremy Warner.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2610e278/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....
Invensys in shock 1.7bn rail sale to Germans
Invensys has shocked the City by announcing the sale of its rail signalling division to Siemens in a deal worth 1.74bn, just 50m less than the entire company is worth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Lower taxes make sense
Telegraph View: Cutting the 50p rate was right, but it does not go far enough<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2610dfe4/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.....
Electra rises as investors eye private equity
The group said it expects its deal-flow to grow in the next 18 months.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2610dab8/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
Germany displaces China as US Treasury's currency villain
The US Treasury has issued a damning criticism of Germany's chronic trade surplus in its annual report on worldwide exchange rate abuse, although it stopped short of labelling the country a currency manipulator.<img width='1' height='1' src='http:.....
Mystery industrialist ready to invest in French ArcelorMittal plant
French government says industrialist willing to invest 400m in plant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261070f9/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Suspected fund embezzlement puts financial think tank into administration
A City think tank dedicated to improving financial practice has gone into administration after a "substantial" sum of money disappeared from its bank accounts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26106.....
Wine from famous elBulli restaurant expected to sell for $1m
More than 8,800 bottles from cellar of famous restaurant to be auctioned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/260fe7ac/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....
BP banned from new US business over 'lack of business integrity'
BP has suffered a further blow to its US business after being suspended from bidding for US federal contracts and accused of acting with a "lack of business integrity".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Hornby model paint production exits China as costs soar
Model maker Hornby has strengthened its British manufacturing base and pulled capacity out of China as cost of labour in the Asian giant escalates.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/260fe086/mf.gif' .....
M&S to slash pension deficit funding
Marks & Spencer is to cut funding to its pension deficit by more than half, removing one of the key barriers to a takeover of Britain's biggest fashion retailer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Italian tax probe says Google failed to declare 240m income
Google's Italian arm has failed to declare income of 240m and pay VAT of 96m, according to a probe by Italian tax authorities, which the technolohy giant strongly denies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Debt crisis: as it happened - November 28, 2012
Spain is to overhaul its stricken banking sector after European Union regulators approved restructuring plans, as nationalised Bankia said that it would cut 6,000 jobs and report a loss of around 19bn this year.<img width='1' height='1' src='http:.....
Boris Johnson says Google has a PR problem over tax
Google has a PR problem because it is not paying enough corporation tax, Boris Johnson, the Mayor of London, said on Wednesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/260fd83d/mf.gif' border='0'/><b.....
Debt crisis: Spain to overhaul banking sector as Bankia cuts 6,000 jobs - live
Spain is to overhaul its stricken banking sector after European Union regulators approved restructuring plans, as nationalised Bankia said that it would cut 6,000 jobs and report a loss of around 19bn this year.<img width='1' height='1' src='http:.....
Smith & Nephew to buy Texas-based wound care firm for $782m
Hip and knee replacement manufacturer Smith & Nephew is to buy an American wound care firm for $782m (490m), in a deal that helps it expand into a fast-growing area of healthcare.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Fewer firms allow workers to save as they earn
The number of companies offering Save As You Earn (SAYE) schemes has decreased by 15pc in a year because of corporate cost-cutting and removal of incentives, a report has found.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Amazon UK sales top 7bn confidential figures show
Amazon, which is being questioned over tax avoidance, has revealed its UK sales topped 7bn between 2009-2011 but paid just 2.3m in corporation tax, according to previously confidential figures.<img width='1' height='1' src='http://telegraph.feedsp.....
BoE's Charlie Bean says door still open for more QE
The Bank of England has not ruled out more asset purchases to help Britain's economy, even if their impact has weakened, the bank's Deputy Governor Charlie Bean has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
BP banned from winning new US government contracts
BP has been temporarily banned from winning new contracts with the US government, as regulators accused the British oil giant of a "lack of business integrity" over its handling of the Gulf of Mexico oil spill.<img width='1' height='1' src='http:/.....
Debt crisis: EU insists investors share pain of 37bn Spain bank bailout - live
European Union approves restructuring plans of Spain's nationalised lenders but demands investors share the revamp costs, reducing the needed state aid by about 10bn, and imposing a cap on pay.<img width='1' height='1' src='http://telegraph.feedsp.....
Co-op 'divi' cut in half
Co-op's seven million members have seen their dividend cut for the first time since the scheme was revamped six years ago amid tough trading conditions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/260dd23b/mf......
Debt crisis: Spain to overhaul banking sector as Bankia cuts 6,000 jobs
Spain is to overhaul its stricken banking sector after European Union regulators approved restructuring plans, as nationalised Bankia said that it would cut 6,000 jobs and report a loss of around 19bn this year.<img width='1' height='1' src='http:.....
BP is temporarily banned from new US contracts due to a "lack of business integrity" over the Gulf of Mexico disaster, the US environment agency says......
Comet 'could close within weeks'
Comet is unlikely to be trading beyond Christmas, the head of the company which wants to buy the insolvent electrical chain's website tells the BBC......
One in 10 workers underemployed
One in 10 of all workers in the UK is unable to work as many hours as they want or need to, an official study of underemployment shows......
Argentina wins delay over debt
Argentina, which is locked in a court battle in New York over its debt, receives more time to argue against paying investors over its defaulted debt......
Major cuts agreed at Spain banks
The European Commission gives the go-ahead to a major restructuring of four nationalised Spanish banks, which includes bank closures and thousands of job losses......
Payday loan rates 'to be limited'
The government is to change the law to allow restrictions to be imposed on the interest rates charged for so-called "payday loans"......
Nokia seeks Blackberry sales bans
Nokia is seeking to ban sales of Blackberry phones in the US, UK and Canada after its rival refused to pay patent licence fees......
Thomas Cook sees losses widen
Struggling travel group Thomas Cook has reported widening annual losses due to reduced capacity and higher fuel costs......
Spam text message pair are fined
Two men who sent millions of spam text messages have been fined 440,000 as part of an attempt to step up the fight against the illegal trade in personal information......
Buffett: Cliff talks may drag on
Billionaire investor Warren Buffett believes the US fiscal cliff may not be solved until January, missing the December deadline, as markets remain jittery......
Russia's Megafon raises $1.7bn
Megafon, the mobile phone operator controlled by Russia's richest man, raises $1.7bn from a share sale in Moscow and London......
Airport sees increased profits
Gatwick Airport announces increased half-yearly profits and growing passenger numbers......
Detached house prices 'stagnate'
Detached homes have seen the smallest rise in prices of all property types in England and Wales in the last year, figures suggest......
China 'not currency manipulator'
The US decides not to declare China as a currency manipulator but says that the yuan remains "significantly undervalued"......
Rail commuters face 6% fare rise
Some rail commuters in England will face a rise of nearly 6.5% for their season tickets next year......
Ericsson in Samsung patent claim
Ericsson files a lawsuit in the US against South Korea's Samsung Electronics for allegedly infringing its patents......
Qantas cuts tourism board ties
Qantas says it is severing ties with Australia's official tourism agency because of its chairman's 'conflict of interest'......
Indian tycoon buys NY Plaza Hotel
Indian billionaire Subrata Roy pays $575m (360m) for a majority stake in the Plaza Hotel in Manhattan, and $220m for a second New York luxury hotel......
Bond reverses Pinewood's fortunes
James Bond movie blockbuster Skyfall helps UK film studios Pinewood Shepperton bounce back into profit......
E.On to pay 1.7m in compensation
Energy company E.On agrees to pay 1.7m in compensation after it overcharged 94,000 customers following price rises......
Work programme misses job target
The government's flagship welfare-to-work programme has failed to hit its main target of getting people into long-term jobs, official figures show......
Lloyds switching letters sent out
Millions of Lloyds TSB customers will receive letters from Wednesday explaining that their accounts will be moved to a new provider......
Philippines reports robust growth
The Philippines economy grows more than forecast in the third quarter, boosted by increased consumer and government spending and a recovery in exports......
Portugal passes austerity budget
Recession-struck Portugal passes a budget promising another year of spending cuts and tax rises, as protesters surround parliament......
Cable launches UK's 'Green Bank'
The UK's new Green Investment Bank is officially launched in Edinburgh by the Business Secretary Vince Cable......
Olam refutes insolvency claims
Singapore-based commodities firm Olam International fights back in its escalating battle with US research company Muddy Waters......
Next Media in $600m Taiwan sale
Hong Kong-based Next Media agrees to sell its Taiwanese print and television units to two local consortia for 17.5bn Taiwanese dollars ($600m; 350m)......
Lynch: HP should back up claims
The former head of Autonomy, the UK group accused of misrepresenting its finances by US computer maker Hewlett-Packard, demands details of the allegations......
Champions League could be doubled
Uefa is considering scrapping the Europa League in favour of doubling the number of teams in the Champions League......
Elgin fined 25,000 over call-off
Elgin City are fined 25,000 by the SFL following the postponement of Sunday's match against Rangers......
Millions of Dons' debt converted
Aberdeen chairman Stewart Milne and Aberdeen Asset Management agree to convert almost 6 million of club debt......
VIDEO: Morrisons criticise alcohol price plans
Speaking to the BBC's Dominic Hughes, Guy Mason from Morrisons said that minimum unit prices for alcohol would punish responsible customers......
VIDEO: The case against Christmas presents
Many people are pulling out their credit cards and logging on, or trudging along High Streets, to buy Christmas presents......
VIDEO: Spraying milk at the riot police
Angry farmers protesting at falling dairy prices in the EU have sprayed fresh milk at the European Parliament and riot police in Brussels......
VIDEO: Japan 'sleepwalking to oblivion'
British businessman Michael Woodford tells HARDtalk that many people he now works with in financial services are 'desperately frightened' that Japan 'is sleepwalking to oblivion.'.....
AUDIO: Warren Buffett on his investment success
Warren Buffett is reckoned to be the most successful investor of all time, and spoke to American Public Radio's Kai Ryssdal about his success and the state of the global economy......
AUDIO: UK 'is online dating capital of Europe'
The United Kingdom is the online dating capital of Europe, according to a new survey......
AUDIO: Will global trade deals aid UK jobs?
With Boris Johnson in Mumbai banging the drum for British business, how much do trade deals really benefit the countries involved?.....
VIDEO: Thomas Cook sees losses widen
Struggling travel group Thomas Cook has reported widening annual losses due to reduced capacity and higher fuel cost......
Goal-line technology battle goes to shoot-out
The battle to provide football's goal-line technology.....
A tale of two Russians
Why Russia's new young professionals are looking abroad.....
Viewpoints: Mark Carney
Expert views on the job facing new Bank of England governor.....
France: Treading troubled waters
Should we be worried about the French economy?.....
Fifa and Brazil in harmony over 2014
Fifa and Brazil work in harmony towards 2014 World Cup.....
Foreign carmakers dominate LA show
European and Asian carmakers dominate LA.....
Patience needed to profit online in India
Why online businesses must be patient in pursuit of profit.....
CEO Guru: Persistence and determination
Why persistence is a key quality for business leaders.....
U.S. Day Ahead: It could be "no deal" for Groupon CEO Mason
Nov 28 - Groupon's Andrew Mason faces a key test of his leadership of the beleaguered company when its board meets to discuss the future of the CEO......
Power Player: Knight's Tom Joyce
Nov. 28 - Knight Capital CEO Tom Joyce looks likely to come out on top if Getco Holdings gets control of the Wall Street firm despite his questionable leadership during a tumultuous time. Bobbi Rebell reports......
Daily Digit: Windows 8 reach 40 mln
Nov. 28 - Microsoft sold 40 million Windows 8 licenses in the month since the launch, setting a faster pace than Windows 7 sales three years ago, according to the company. Conway G. Gittens reports......
Breakingviews: SEC thinks it has a good case vs. Cohens SAC
Breakingviews columnist Reynolds Holding......
Obama, Boehner optimistic on fiscal cliff
Nov. 28 - U.S. President Barack Obama hopes for a deficit reduction framework by Christmas as the top Republican lawmaker is optimistic they can avert a fiscal crisis. Deborah Lutterbeck reports......
Wealth Strategies: SAC scandal ups need for transparency
Nov. 28 - Jason Ader, CEO of Ader Investment Management, says the SEC investigation into Steven Cohen and his SAC Capital demonstrates due diligence needed to invest in hedge funds and alternative investments.....
Breakingviews: Will SAC investors jump ship?
Nov 28 - Rob Cox and Breakingviews columnists discuss what the Wells notice issued to SAC means for its investors and whether Steve Cohen is also in the regulators' sights......
Trading at Noon: SAC & Knight Capital talk of the town
Nov 28 - SAC Capital may face civil charges over alleged insider trading, and Knight Capital rises on takeover talk.....
Bankia jobs cut as Spain's banks restructure
Nov. 28 - Thousands of job losses and tens of billions of euros of asset sales are part of the price of a Spanish banking restructuring that will see EU give the sector aid to try to help it out of a crisis. Joel Flynn reports......
Mobile lift takes mountain warfare to new heights
Nov. 28 - The Russian army, stationed on the Russia-Georgia border, has been testing a new mobile cable lift in the Caucasus Mountains. The lift is designed to speed troop and weapons deployment for combat missions in difficult terrain. Rob Muir repo.....
Europe Day Ahead: Key UN vote for Palestine
Nov. 28 - A look at Thursdays key events including the BoE stability report, German jobless data and a key UN vote on Palestinian status.....
Wealth Strategies: Stock market may force fiscal cliff issue
Nov. 28 - Offit Capital CIO Todd Petzel says the stock market could suffer a severe drop if Congress doesn't resolve fiscal cliff issues, but that market reaction may be just what's needed to get a deal done......
3XSQ: Obama meets corporate chiefs; SAC gets Wells notice
Nov 28 - Chief executives from top U.S. corporations, including Goldman Sachs, Deloitte LLP, and Caterpillar, will meet with President Barack Obama today to discuss U.S. fiscal problems......
Factbox: London's diverCity
Nov. 28 - The financial services industry in Britain is far more diverse than most people think. In fact, it is more racially and culturally diverse than the nation as a whole......
London's black cab maker heads for dead end
Nov.28 - Manganese Bronze, the maker of London's black cabs, is in administration. Part owned by Chinese automaker Geely, the company faces stiff competition from Mercedes Benz and a new taxi Nissan plans for next year. Ivor Bennett reports.....
Breakingviews: Carney's new broom
Breakingviews explains the likely top three changes......
When short-sellers attack: How companies can play defense
Jon Gordon investigates......
Actually, your boss really is a psycho
Nov. 28 - Theres a high chance your boss, or even the likes of Steve Jobs, are high on the psychopath spectrum, says Oxford University psychologist Kevin Dutton......
Reuters Today: Fiscal cliff gloom casts clouds
Nov. 28 - Fresh worries over the U.S. economy turn investors risk-averse and instability in the Middle East adds pressure......
U.S. Morning Call: CEOs meet with Obama on fiscal crisis
Nov 28 - CEOs of U.S. corporations head to the White House today to meet with President Obama to hash out solutions to the fiscal crisis......
Daily Digit: Russia's MegaFon IPO
Nov.28 - Russia's second biggest mobile operator MegaFon has raised $1.7 billion through an initial public offering, the biggest telecoms listing in London for more that a decade but shares immediately trader. Hayley Platt reports......
Market Pulse: Sustainable Greek debt 100 bln write-off?
Nov. 28 - Official lenders to Greece may have to write-off chunks of their loans if Greece is to recover. A 100 bln write-off would go a long way to doing just that, says Fitch's Tony Stringer......
Stocks slip on cliff caution
Nov. 27 - Summary of business headlines: Down day for stocks; Cyber Monday success; Consumer confidence hits new 4-year high; Home prices rise again; ConAgra buys Ralcorp Holdings. Bobbi Rebell reports......
Daily Digit: Cyber Monday sales jump 30%
Nov. 27 - Online sales jumped 30.3% this Cyber Monday compared to a year ago, reaching an all-time high, according to analysis compiled by IBM. Conway G. Gittens reports......
U.S. Day Ahead: SAC's Steven Cohen goes for damage control
Nov 27 - Wednesday is all about hedge fund superstar Steve Cohen and how he'll reassure the world SAC Capital's $14 billion dollar business is squeaky clean when the firm holds a call with investors......
Moody's downgrades Hewlett-Packard
Hewlett-Packard, the technology giant in dispute with Autonomy founder Mike Lynch, has had its credit rating cut by Moody's amid concerns over its ability to keep up with rivals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Siemens deal shows Invensys has been chronically undervalued
Sir Nigel Rudd's 1.74bn disposal of the Invensys rail signalling division gets the engineering technology business out of jail and is probably the old campaigner's best deal of a long and varied career - albeit the contribution of chief executive Way.....
Have we really seen the end of growth?
Shutter up the house and prepare for nuclear winter, writes Jeremy Warner.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2610e278/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....
Invensys in shock 1.7bn rail sale to Germans
Invensys has shocked the City by announcing the sale of its rail signalling division to Siemens in a deal worth 1.74bn, just 50m less than the entire company is worth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Lower taxes make sense
Telegraph View: Cutting the 50p rate was right, but it does not go far enough<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2610dfe4/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.....
Electra rises as investors eye private equity
The group said it expects its deal-flow to grow in the next 18 months.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2610dab8/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
Germany displaces China as US Treasury's currency villain
The US Treasury has issued a damning criticism of Germany's chronic trade surplus in its annual report on worldwide exchange rate abuse, although it stopped short of labelling the country a currency manipulator.<img width='1' height='1' src='http:.....
Mystery industrialist ready to invest in French ArcelorMittal plant
French government says industrialist willing to invest 400m in plant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/261070f9/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
Suspected fund embezzlement puts financial think tank into administration
A City think tank dedicated to improving financial practice has gone into administration after a "substantial" sum of money disappeared from its bank accounts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26106.....
Wine from famous elBulli restaurant expected to sell for $1m
More than 8,800 bottles from cellar of famous restaurant to be auctioned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/260fe7ac/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....
BP banned from new US business over 'lack of business integrity'
BP has suffered a further blow to its US business after being suspended from bidding for US federal contracts and accused of acting with a "lack of business integrity".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Hornby model paint production exits China as costs soar
Model maker Hornby has strengthened its British manufacturing base and pulled capacity out of China as cost of labour in the Asian giant escalates.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/260fe086/mf.gif' .....
M&S to slash pension deficit funding
Marks & Spencer is to cut funding to its pension deficit by more than half, removing one of the key barriers to a takeover of Britain's biggest fashion retailer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Italian tax probe says Google failed to declare 240m income
Google's Italian arm has failed to declare income of 240m and pay VAT of 96m, according to a probe by Italian tax authorities, which the technolohy giant strongly denies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Debt crisis: as it happened - November 28, 2012
Spain is to overhaul its stricken banking sector after European Union regulators approved restructuring plans, as nationalised Bankia said that it would cut 6,000 jobs and report a loss of around 19bn this year.<img width='1' height='1' src='http:.....
Boris Johnson says Google has a PR problem over tax
Google has a PR problem because it is not paying enough corporation tax, Boris Johnson, the Mayor of London, said on Wednesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/260fd83d/mf.gif' border='0'/><b.....
Debt crisis: Spain to overhaul banking sector as Bankia cuts 6,000 jobs - live
Spain is to overhaul its stricken banking sector after European Union regulators approved restructuring plans, as nationalised Bankia said that it would cut 6,000 jobs and report a loss of around 19bn this year.<img width='1' height='1' src='http:.....
Smith & Nephew to buy Texas-based wound care firm for $782m
Hip and knee replacement manufacturer Smith & Nephew is to buy an American wound care firm for $782m (490m), in a deal that helps it expand into a fast-growing area of healthcare.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Fewer firms allow workers to save as they earn
The number of companies offering Save As You Earn (SAYE) schemes has decreased by 15pc in a year because of corporate cost-cutting and removal of incentives, a report has found.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Amazon UK sales top 7bn confidential figures show
Amazon, which is being questioned over tax avoidance, has revealed its UK sales topped 7bn between 2009-2011 but paid just 2.3m in corporation tax, according to previously confidential figures.<img width='1' height='1' src='http://telegraph.feedsp.....
BoE's Charlie Bean says door still open for more QE
The Bank of England has not ruled out more asset purchases to help Britain's economy, even if their impact has weakened, the bank's Deputy Governor Charlie Bean has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
BP banned from winning new US government contracts
BP has been temporarily banned from winning new contracts with the US government, as regulators accused the British oil giant of a "lack of business integrity" over its handling of the Gulf of Mexico oil spill.<img width='1' height='1' src='http:/.....
Debt crisis: EU insists investors share pain of 37bn Spain bank bailout - live
European Union approves restructuring plans of Spain's nationalised lenders but demands investors share the revamp costs, reducing the needed state aid by about 10bn, and imposing a cap on pay.<img width='1' height='1' src='http://telegraph.feedsp.....
Co-op 'divi' cut in half
Co-op's seven million members have seen their dividend cut for the first time since the scheme was revamped six years ago amid tough trading conditions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/260dd23b/mf......
Debt crisis: Spain to overhaul banking sector as Bankia cuts 6,000 jobs
Spain is to overhaul its stricken banking sector after European Union regulators approved restructuring plans, as nationalised Bankia said that it would cut 6,000 jobs and report a loss of around 19bn this year.<img width='1' height='1' src='http:.....
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