Retailer Comet to close 41 stores
The insolvent electrical chain Comet is preparing to close 41 stores out of 236 by the end of November, the firm's administrators say......
Banks pay $417m to settle charges
JP Morgan and Credit Suisse will together pay US regulators $417m (263m) to settle charges that they misled investors in mortgage-backed securities offerings......
Banks criticised over CPP sales
Banks who worked with card protection firm CPP have been criticised after the firm was hit by a record fine from the FSA.....
New driver passenger ban 'mulled'
Moves to ban young drivers from carrying anyone except family members as passengers might be considered by ministers, reports suggest......
Optimism in 'fiscal cliff' talks
The US president and Congressional leaders voice their optimism over resolving the so-called fiscal cliff of spending cuts and tax rises......
Warning over hidden customer data
The UK government repeats its threat to legislate if companies do not voluntarily release customer data to those who ask for it......
MPs raise doubts over bank sales
There is a risk that the 66bn invested in RBS and Lloyds Banking Group by the government may never be recovered, a parliamentary committee warns......
Ikea 'regrets' forced labour use
Ikea says it "deeply regrets" the use of political prisoners as forced labour at the furniture giant's suppliers in communist East Germany......
Firms named over 'nuisance calls'
The Information Commissioner's Office names some of the companies it has contacted following concerns over unsolicited marketing calls......
CBI urges 'industrial Olympics'
The UK needs an "industrial Olympics", the CBI business group says, as it urges the government to commit 1.5bn to measures to encourage growth......
Home rental costs 'still rising'
The cost of renting a home in England and Wales hit another new high in October although the pace of rent rises slowed, a survey suggests......
Maker of Twinkies to close down
The maker of Twinkies, the cream-filled sponge cakes well-loved in the US, says it will close down the company, leading to the loss of 18,500 jobs......
Japan averts its 'fiscal cliff'
Japan's lawmakers pass a crucial bill that will allow the government to pay for a large chunk of its expenses, averting a potential fiscal cliff......
700,000 for DNA sampling project
A Dundee-led project helping scientists make predictions about the structure and function of proteins by sampling genetic data is awarded 700,000......
Asian tycoons eye Singapore firm
Two of Asia's biggest tycoons go head-to-head to take control of Singaporean conglomerate Fraser & Neave......
Dell profits slump on weak sales
Computer-maker Dell sees its quarterly profit plunge by 47% after it was hit by falling sales to both consumers and large companies......
New TV deal on Scottish football
The Scottish Premier League and BBC Alba have announced a new two-year deal to continue coverage of matches on the Gaelic TV channel......
VIDEO: PPI unwanted sales calls and texts
BBC Newsnight reports on the growth in claims management companies and unregulated claims handlers......
VIDEO: Are cookies becoming a monster?
UK regulators have begun seeking information on how firms may be using cookies to target individual online shoppers with higher prices......
AUDIO: Bank bailout 'not an investment'
The Public Accounts Committee, the Commons' spending watchdog, has issued a report stating that the taxpayer could have avoided a 2bn loss on the rescue of Northern Rock if the Treasury had the right "skills and understanding" to deal with the crisis.....
VIDEO: Fuel duty 'damages economy'
Drivers are being short changed at the pumps because of unfair prices set by retailers and "destructive" fuel taxes, according to motoring experts......
VIDEO: Ikea 'regrets' use of forced labour
Ikea says it "deeply regrets" the use of political prisoners as forced labour in communist East Germany by some of its suppliers......
VIDEO: Fiscal cliff concern for US firms
President Obama is due to discuss the so-called fiscal cliff with Congress on Friday, but the deadlock is taking its toll on businesses......
Formula 1 returns to United States
Formula 1 returns to the United States.....
Avoid pension 'short-changing'
Cash in on your own ill-health.....
US cannabis vote reignites call to legalise drugs
Should US states legailise drugs and tax them?.....
'How to use customers to get ahead'
Companies can use tech to make the most of loyal customers.....
AUDIO: Friday Boss: I was lucky to survive
The investment boss branded a snake-oil salesman on how he kept his job.....
No contract, no Twinkies
Nov. 16 - Hostess, the American food company behind iconic brands like Twinkies and Wonder Bread, plans to turn off its ovens forever after failing to reach a cost-saving agreement with striking workers. Jeanne Yurman reports......
Stocks rally on DC's "kumbaya" moment
Nov. 16 - Summary of business headlines: Stocks rise as politicians soften fiscal cliff stance; Hostess Brands aims to shut down for good; Sandy slows industrial production; Dell hurt by falling PC sales. Conway Gittens reports......
Daily Digit: $15.9 bln USPS loss
Nov. 16 - The U.S. Postal Service is bleeding red ink announcing a record annual loss of close to $16 billion. Conway G. Gittens reports......
U.S. Week Ahead: Black Fri, Best Buy and Bernanke, oh my!
Nov 16 - Markets will be focusing on how well retailers will do on Black Friday, whether Best Buy has a credible turnaround and what Fed boss Ben Bernanke has to say about the recovery......
FACTBOX: Twilight of the Twinkie
Nov 16 - The quintessential junk food treat - a cream-filled, 150-calorie sponge cake - faces extinction now that its maker, Hostess Brands, announced plans to liquidate amid a dispute with striking bakers......
Cash-strapped students turn junk into cool jazz
Nov. 16 - A group of financially-challenged Polish students aren't letting their lack of money interfere with their musical ambitions. Instead, they are applying their initiative and making musical instruments out of objects they find in scrap heaps .....
Trading at Noon: Markets rise on 'fiscal cliff' talks
Nov 16 - U.S. stocks are moving up as President Obama met with top lawmakers to reach a deal on the fiscal cliff.....
Breakingviews: Dear Jon
Nov 16 - Richard Beales and Breakingviews columnists discuss criticism of Jon Corzines legacy after the collapse of MF Global and the likelihood that two overlapping U.S. regulators will ever merge......
Anger as UK's Economist calls France threat to euro
Nov. 16 - French officials have rejected a charge by The Economist magazine that France was the "time-bomb at the heart of Europe". But analysts warn the core euro zone member needs to reform. Joanna Partridge reports.....
Gym sector sweats over low-cost competition
Nov. 16 - The rise of gyms offering cheaper rates means more expensive clubs may have to up their game but analysts warn the low-cost clubs need to be canny about their expansion plans. Joanne Nicholson reports.....
Obama says resolving fiscal cliff is urgent business
Nov. 16 - President Barack Obama said he and congressional leaders must work quickly to avert automatic year-end tax hikes and spending cuts as he sat down for talks with lawmakers on Friday. Rough Cut (no reporter narration)......
New Chinese leaders meet with old
Nov. 16 - As the baton is passed from one generation of Chinese leadership to the next, citizens and analysts look to the future. Lily Grimes reports......
Monaco Media Forum: Timeout with Tumblr's Karp
chats with Tumblr founder and CEO David Karp at the Monaco Media Forum, where he tells us what he learnt from Facebook's IPO......
Reuters Asks: London to lose #1 finance hub status. And?
asks how significant this is......
3XSQ: White House in spending cut talks -WSJ
Nov 16 - White House officials are in advanced internal discussions about a plan to replace the sweeping spending cuts set to begin in January......
Daily Digit: Banking jobs lost since last year
survey has revealed that major banks have announced 160,000 job cuts since early last year as the industry restructures and many workers will leave the shrinking sector for good. Hayley Platt reports.....
Factbox: BP, top of the corporate fine record chart
Nov. 16 - A fine of $4.5 bln for BP for the Deepwater Horizon spill is a record. But exactly how does it compare with previous fines?.....
Breakingviews: France - race against time?
Nov. 16 - An Economist special report on France's failings is sparking intense debate. Breakingviews' Pierre Briancon says its findings are no surprise, but Hollande must act quickly to fix the problem......
Reuters on the Road: LoopMe pioneers mobile 'ad inbox'
Nov. 16 - LoopMe CEO Stephen Upstone take the taxi challenge to explain his radical new concept for increasing mobile advertising revenues......
Reuters Today: Investors spooked by event risk triple whammy
Nov. 16 - Investors wary of buying into risk with U.S. budget tussles, Europe in recession and violence in the Middle East......
Asia Week Ahead: Obama's Myanmar visit - photo-op or pivot?
U.S. President Barack Obama becomes the first sitting U.S. president to visit Myanmar, while Japan's central bank meets for its two-day policy review......
Breakingviews: A passing grade for China's new leaders
Nov. 16 - China's new Standing Committee boasts a wealth of experience, says Breakingviews China editor John Foley, but there's still not a woman in sight. Asia Editor Peter Thal Larsen hosts......
Asian Development Bank head sees break in economic clouds
Nov. 16 - China's rebound will boost the entire region in the coming year, while Japan's central bank ought to keep monetary policy accomodative to weaken the yen, says the president of the Asian Development Bank. Tara Joseph reports.....
U.S. Morning Call: FedEx, UPS eyed in illegal drug probe
Nov 16 - The U.S. is targeting FedEx and United Parcel Service as part of an expanding crackdown on illegal sales of prescription painkillers......
Market Pulse: Banks beaten, DAX retreatin'
Nov. 16 - Euro zone financials the biggest loser in equities today, while Germany's DAX slips below 7,000 for the first time in over 2 months. And on this day in history, a Nasdaq meltdown........
Weak growth and high inflation is the 'new normal'
The Bank of England produced a sobering analysis of the outlook for the UK economy this week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0eee6/mf.gif' border='0'/><br/><br/><a href="http:.....
Shell CEO throws weight behind Government's 'dash for gas'
The chief executive of Royal Dutch Shell has backed the Government's "dash for gas", saying that the fossil fuel is abundantly available, environmentally friendly and will provide energy for the next 250 years.<img width='1' height='1' src='http:/.....
The real reason Andrew Moss left Aviva
When Andrew Moss resigned as chief executive of Aviva, it came days after a bruising annual meeting at which 54pc of those who voted were against the insurer's remuneration report.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
CBI boss calls on new Bank chief to 'share burden'
Sir Roger Carr has said that the next Governor of the Bank of England must "share the burden" of the role with colleagues because the breadth of new responsibilites is so wide.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
We can't rely on the eurozone to boost our exports, says CBI's Sir Roger Carr
The CBI president tells James Quinn of Chinese opportunities and a new campaign to broaden education, while defending UK's the energy and banking sectors<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0eef1/mf.....
Notebook maker Moleskine to push ahead with 280m flotation
Luxury notebook maker Moleskine is going to push ahead with a 350m (280m) stock-exchange float despite interest from the likes of BC Partners and Lion Capital.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0e.....
America's salvation is an industrial renaissance
The International Energy Agency's suggestion that the US could be the world's largest oil producer by 2020 has prompted some breathless analysis of America's shale boom.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Caffe Nero CEO fights back on tax claims
The chief executive of Caffe Nero has defended his business's tax affairs after the company's annual accounts revealed that the coffee chain paid no corporation tax last year despite making profits of almost 40m.<img width='1' height='1' src='http.....
British banks becoming uninvestable, ABI warns
British banks shares are becoming "uninvestable" due to opaque accounts, regulatory upheaval and political interference, a powerful investor group has warned MPs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25.....
This phoney moral war on foreign company tax
Sir Roger Carr, the president of the CBI, is correct on the issue of corporation tax. "If you want different results, you have to have a different set of rules."<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b.....
BP warns that $4.5bn deal is not the end of Gulf of Mexico disaster
BP has warned it could remain mired in litigation over the Gulf of Mexico disaster until 2015.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0eefe/mf.gif' border='0'/><br/><br/><a href="http.....
Charles Darwin's insurance documents found by RSA
A treasure trove of insurance policies once belonging to Charles Darwin, Sir Christopher Wren, Captain James Cook, Charles Dickens and Isambard Brunel could be put on show in one of London's newest landmark buildings after being discovered in a centr.....
Guggenheim in line to snap up Aviva USA
The life insurance arm of American financial powerhouse Guggenheim Partners is in exclusive talks to buy the US arm of British insurer Aviva.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0eeff/mf.gif' border.....
Yahoo! plots alliance with Facebook in new search deal
Facebook and Yahoo! are in talks about forging an alliance that could spell the end of Yahoo!'s relationship with Microsoft.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0ef00/mf.gif' border='0'/><br/&.....
Comet administrators work to save 50 stores
The administrators to Comet are working on deals to save up to 50 of the failed electrical retailer's stores.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0ef01/mf.gif' border='0'/><br/><br/>&.....
Gas is abundant, affordable and acceptable. It's also the future, argues Shell chief Peter Voser
Ahead of the Government's gas strategy, Shell chief executive Peter Voser reveals why it is the fuel of the future and how he is riding the shale revolution.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0ef0.....
Xstrata faces one final hurdle to 45bn Glencore merger
A small group of retail investors poses the last remaining risk to agreeing the 45bn mega-merger between Glencore and Xstrata this week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0ef04/mf.gif' border='0'/.....
Sir Philip Green to expand Arcadia in the Far East
Sir Philip Green will outline plans to expand his retail empire into the Far East and online this week when Arcadia Group celebrates its 10th anniversary with a robust set of annual results.<img width='1' height='1' src='http://telegraph.feedsport.....
Business leaders back income tax simplification
Business leaders have overwhelmingly backed a call to merge National Insurance with income tax to help reduce costs, drive up wages and create jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0ef05/mf.gif'.....
Bankers urged to donate 10pc of salary to charity
Oliver Pawle, the former vice-chairman of UBS's investment bank, is working on a scheme to persuade highly paid bankers to donate 10pc of their salaries to charity and to get banks to reveal how many of their staff are doing so.<img width='1' heig.....
My plan to stop an entire generation becoming unemployable
Last week, Nick Clegg announced plans to create more flexible working legislation for parents, allowing them to get back into work. There was a particular focus on smaller businesses.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
We're heading for economic dictatorship
The whole of the West is falling into the economic black hole of permanent no-growth, says Janet Daley<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0ef08/mf.gif' border='0'/><br/><br/><a hr.....
Think Tank: Brands are not that important, just ask the BBC
'Pay no attention to that man behind the curtain? the Great Oz has spoken!" the Wizard of Oz thunders one last time as the eponymous film comes to a close.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0ef09/.....
Nick Clegg's inflexible working rules treat firms like children
There has been a lot of discussion this week about the virtues of flexibility for parents, and it is right that there is.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/25b0ef0a/mf.gif' border='0'/><br/>.....
The euro has become Germany's new Deutschemark
"You must tell your readers," says Prof Gunther Schmid, one of Germany's leading labour market experts, leaning forward over the Berlin brasserie dining table to emphasise his point. "It will be a disaster if Britain leaves the European Union."<im.....
