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:.....
