Corporate bond risk rises as liquidity dries up
Market conditions remind fund managers of the days leading up to the credit crunch.....
Uproar as pulled repo plan is dubbed disaster for Europe
Europe's dealers and clearing houses are at loggerheads over a critical European project to mobilise funding and collateral flows.....
Two fund managers prepare plans to cut jobs
German and UK investment managers embark on initiatives to trim staff.....
Corporate tax cut masks rise in bank levy
Banks in the UK could be caught twice by measures chancellor George Osborne outlined in his Autumn Statement last week.....
Companies to tap bond markets to pay pensions
Move offers low-cost way to ease pensions deficits ahead of tougher accounting rules.....
Private equity defends 11% tax payments
Analysis by Private Equity News shows effective tax rate paid by portfolio companies is below half the headline rate.....
Illiquid debt specialist coins it in
Fixed-income broker Yorvik posts 30% rise in profits in year to March 31.....
Litigation threat to rating agencies
Lawyers warn of prospect of further action as shift puts greater onus on raters to justify ratings.....
Covered bond CDS market flops
Lack of investor interest thwarts dealer initiative.....
HSBC 'to pay $1.9bn' in US deal
HSBC will pay US authorities $1.9bn (1.2bn) in a settlement over a money-laundering probe, say reports, the largest amount ever in such a case......
E.On to increase prices by 8.7%
Energy firm E.On is to increase prices for dual fuel customers by an average of 8.7% on 18 January, the last of the big six suppliers to do so......
Branson offers BA 1m Virgin bet
Virgin boss Sir Richard Branson offers to bet British Airways 1m that the Virgin Atlantic brand will still be around in five years......
Bank hit by $300m in Iran fines
Standard Chartered will pay more than $300m (187m) to settle charges it violated US sanctions on Iran, Burma, Libya and Sudan......
Iberia strike cancelled by unions
Unions at the Spanish national airline Iberia call off strike action scheduled for the run-up to Christmas......
Garlic smuggler dodged 2m of tax
A man from west London is on the run after being sentenced to six years in jail for smuggling Chinese garlic into the UK, dodging 2m in import duty......
Strauss-Kahn in hotel maid 'deal'
Former IMF chief Dominique Strauss-Kahn has signed a settlement with a hotel maid who accused him of sexual assault, a New York judge says......
Monti news hits Italian shares
Italian stocks fall sharply after Prime Minister Mario Monti says he will resign early and former premier Silvio Berlusconi signals he will run for office again......
'Hide Christmas gifts' - insurers
Insurers have urged householders to keep Christmas gifts secure after dealing with claims totalling 35m in the UK last December......
Obama pushes tax-the-rich plan
US President Barack Obama addresses Michigan car workers to build support for his plan to raise taxes on the rich and avert a "fiscal cliff"......
China reports weak export growth
China's export growth comes in below market expectations in November as global demand remains subdued......
GM to close Opel plant in Bochum
Opel says it will end car production at its Bochum manufacturing plant in Germany in 2016 after production of its Zafira Tourer people carrier ends......
US and UK agree failed banks plan
US and UK regulators release a paper explaining how they will make sure bank shareholders, rather than taxpayers, lose out if banks fail......
Japanese data suggests recession
Revisions to Japan's economic growth figures suggest that the world's third-largest economy is in recession......
India MPs in uproar over Walmart
Angry opposition MPs protest in India's parliament after reports that Walmart has been lobbying with the US lawmakers to facilitate its entry into India......
Alexander: No triple dip slump
Chief Secretary to the Treasury Danny Alexander denies Britain is heading for a triple dip recession, but says the road to economic recovery is "longer and harder" than expected......
Thousands face first council tax
About 230,000 households will pay at least some council tax for the first time if new regulations are approved by the Welsh assembly......
China reports strong economy data
China's economic growth rate may be gathering pace again, as the government releases strong industrial output and retail sales figures......
Pizza Hut Delivery eyes expansion
Pizza Hut Delivery is to open at least 100 new stores across the UK by 2014 in a move backed by investment of 20m......
VIDEO: French wealthy 'feel victimised by tax'
Actor Gerard Depardieu has become the latest wealthy person to flee France's 75% tax on those earning over 1m euros a year......
AUDIO: Why Apple shows US China trade paradox
Chris Anderson, former editor-in-chief of Wired magazine, says Apple products which are designed in America and assembled in China reflect the economic relationship between the two countries......
VIDEO: Sheep rustling crime grows in UK
Inside Out examines why the traditional crime of sheep rustling is on the increase across the UK countryside......
VIDEO: Manufacturer credit 'costs lowering'
The costs and availability of credit for UK manufacturers has improved, according to the trade body the EEF......
VIDEO: Cap means firms 'can't get the staff'
Business leaders reckon a government bid to restrict immigration means they will struggle to get staff in some specialist roles......
VIDEO: China wins bid for Canada's Nexen
China is making its biggest-ever energy acquisition through the purchase of Canadian oil company Nexen......
VIDEO: Chinese economy in turnaround?
A rebound in factory activity signals a turnaround for the Chinese economy......
VIDEO: Italian economy 'not at high risk'
Italian stocks have fallen sharply, reacting to news that Prime Minister Mario Monti plans to resign......
International arbitration: 'Marriage guidance for business'
Arbitration between international companies is increasing.....
Can private schools teach the world?
Are private schools the way to reach the world's poorest pupils?.....
Taiwan debates migrant workers
Taiwan's migrant worker policy sparks debate.....
Daily Digit: $3.38
Dec.10 - The average price for a gallon of regular gasoline in the United States fell nearly a dime over the past three weeks to just $3.38. Bobbi Rebell reports......
Trading at Noon: Groupon Googled? Icahn eyes HP-reports
Dec 10 - Groupon shares slump 5 pct today after surging on reports of a possible bid by Google, and HP moves up on rumors of interest from Carl Icahn......
Breakingviews: Cozy deal triangle
Dec 10 - Jeffrey Goldfarb talks to Christopher Swann about the corporate governance and conflicts of interest problems in Freeport-McMoRan's $20 billion splurge on two oil explorers......
Europe Day Ahead: Greek buyback deadline looms
Dec. 10 - Bondholders have until midday Tuesday to take part in the Greek debt buyback. The latest German ZEW survey may show further weakness and BoE governor Mervyn King speaks in New York......
Opel falls victim to Europe car slump
Dec.10 - General Motors' German arm, Opel, is closing one of its four plants, citing a shrinking in demand on the European car market as the cause. Joanne Nicholson reports.....
Rhino poaching fight takes to the skies
Dec. 10 - South Africa is taking to the skies in its fight against rhino poaching, with a hi-tech aircraft specially designed for the job. Rhino populations have been hit hard by illegal hunters in recent years and it's hoped the plane will help stab.....
Daily Digit: Greece's debt offers
Dec.10 - Greece extends its offer to buy back debt after receiving bids of 26.5bln euros from bondholders - short of a 30bln target needed to secure the next EU/IMF loan. Sonia Legg reports.....
Italy's political storm rocks markets
Dec.10 - European markets slipped while Italian bond prices also fell after Italian Prime Minister Mario Monti's decision to resign deepens euro zone uncertainty. Ciara Sutton reports......
3XSQ: McDonald's sales rebound in November
Dec 10 - McDonald's global sales at established restaurants rebounded in November after suffering their first monthly drop in 9 years in October......
Breakingviews: Monti exit no bad thing
Breakingviews......
CNOOC's Nexen buy caps confident year for China dealmaking
Dec. 10 - Shares in CNOOC outperform as investors welcome Canadas approval of its gargantuan bid for Nexen -- with the new year likely to see more bold buys by Chinese firms. Lisa Yuriko Thomas reports......
Reuters Today: Finally, a Greek deal but it may not be final
Dec. 10 - Euro zone finance ministers and the IMF agree a 40 bln deal to cut Greece's debt. So, is the crisis over? Hardly........
Beijing taxis tell a different inflation tale
Dec. 10 - Going by official data, China's inflation looks well under control -- but taxi shortages in the capital show price pressures continue to emerge, often in in unexpected ways. Jane Lanhee Lee reports......
U.S. Morning Call: M&A heats up for AIG, A123
Dec 10 - AIG agreed to sell nearly all of ILFC, the world's second-largest airplane leasing business, to a Chinese consortium, and China's Wanxiang Group won an auction for bankrupt battery maker A123 Systems......
Market Pulse: Calma! Italian slide is merely profit-taking
Dec. 10 - The sharp selloff in Italian assets after PM Monti said he will resign is just a bout of overdue profit-taking. 10-yr yields could go to 5.25%, but dont panic, says IDEAglobals Michael Gallagher......
Mushroom lab tests raise hopes for cancer treatment
Dec. 9 - Israeli researchers have discovered that extracts inside the edible Oyster mushroom contain chemicals that bind themselves to molecules in cancer cells and kill them. After demonstrating their effectiveness on human cells in vitro and live m.....
US Treasury to sell off remaining AIG stake
The US Treasury said it will sell off all of its remaining shares in insurer AIG, four years after the government laid out $182bn to rescue the company in the financial crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
HSBC set to pay $1.9bn to settle money laundering claims
HSBC is expected to pay US authorities a record $1.9bn (1.18bn) to settle allegations that its failure to enforce anti-money laundering rules left America's financial system exposed to drug cartels.<img width='1' height='1' src='http://telegraph.f.....
The fireworks are really starting as Bumi awaits law firm's report
Never go down a coal mine without a canary.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2676e2fd/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151539254172/u/3/f/568300/c.....
Bumi chief Nalin Rathod expected to quit
Nalin Rathod, chief executive of troubled miner Bumi, is expected to stand down as the board meets to discuss its future and an investigation into "irregularities".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Autumn Statement: companies plan to ditch pension schemes after latest tax grab
Workers warned "flurry" of companies are preparing to close final salary pension schemes in New Year after tax changes announced in Autumn Statement.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2676e303/mf.gif.....
The City lunch that cost 1.7m in poaching row
It was probably the world's most expensive lunch. When Fahim Imam-Sadeque, an investment manager, invited out a colleague it ended up costing him 1.7 million.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2676e2.....
Huawei 'caught in the middle' of US-China tensions
Controversial telecoms giant Huawei is the victim of political tensions between the US and China, the company's chairman has claimed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2676e305/mf.gif' border='0'/>.....
Rolls-Royce cheated me, claims whistleblower
EXCLUSIVE: A whistleblower at the centre of bribery allegations concerning Rolls-Royce claims he was left feeling "depressed" and "cheated" by his experiences at the FTSE 100 manufacturer.<img width='1' height='1' src='http://telegraph.feedsportal.....
Mario Monti's exit is only way to save Italy
Italy has only one serious economic problem. It is in the wrong currency.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2676a47c/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....
Rolls-Royce would have sacked me, no matter what, says whistleblower
EXCLUSIVE: A whistleblower at the heart of a bribery investigation at Rolls-Royce has been fighting for more than six years for his claims to be heard.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2676a47d/mf.g.....
Rolls-Royce cheated me in the end, says whistleblower
EXCLUSIVE: A whistleblower at the heart of a bribery investigation at Rolls-Royce has been fighting for more than six years for his claims to be heard.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26760a15/mf.g.....
Resolution pays 7.5m to wind down advisory arm
Resolution will pay 7.5m to its advisory arm to simplify the insurance industry investment vehicle's governance structure.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26760a17/mf.gif' border='0'/><br/>.....
Enterprise shares boosted ahead of FTSE review
The group is a candidate for entry into the FTSE 250..<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26760a1d/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151539383079/u/3.....
Government is 'rushing' bank bill, says Andrew Tyrie
Reform of the financial services industry by the Government is being "rushed" and could end up creating a "lawyer's charter", according to Andrew Tyrie, chairman of the Treasury Select Committee.<img width='1' height='1' src='http://telegraph.feed.....
Stead & Simpson shoe chain to close 90 shops
Britain's beleaguered high streets have suffered another blow after shoe shop chain Stead & Simpson announced that it is closing 90 shops.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26760a1a/mf.gif' borde.....
Hedge fund managers become bullish on global economy
Hedge fund managers have become more positive about the global economy, with optimists outnumbering pessimists three to one.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2676383a/mf.gif' border='0'/><br/&.....
Debt crisis: Markets rattled by Mario Monti resignation
Italy's borrowing costs jumped and the stockmarket sank as traders and economists predicted that the resignation of Mario Monti could plunge the eurozone back into crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Debt Crisis: as it happened - December 10, 2012
Italian Prime Minister Mario Monti sought to calm markets after his announcement of plans to resign sent European stocks on Monday, insisting there will be no power vacuum in Italy ahead of an election.<img width='1' height='1' src='http://telegra.....
Monti seeks to calm 'over-dramatised' market reaction
Italian Prime Minister Mario Monti has sought to calm markets after his resignation plans sent European stocks downward on Monday, insisting there will be no power vacuum in Italy ahead of an election.<img width='1' height='1' src='http://telegrap.....
Social enterprise takes on energy and finance giants
Global Ethics, owner of the One brand, is turning its attention to energy and financial services.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26757259/mf.gif' border='0'/>.....
Former Farepak director William Rollason accused over accounting
A former director of Farepak, William Rollason, is to face disciplinary action in what could be the first official sanction to flow from the failure of the Christmas savings club in 2006.<img width='1' height='1' src='http://telegraph.feedsportal......
Greggs chief and "pasty tax" campaigner Ken McMeikan quits to take up Brakes role
Greggs chief executive Ken McMeikan, who has been chief executive of the High Street baker since 2008, is to step down after being poached by catering firm Brakes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Google avoided $2bn tax by funnelling profits through Bermunda
Google managed to halve its tax bill last year and avoided $2bn (1.2bn) of global income levies by funnelling most of its profits through Bermunda, regulatory filings show.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Income drawdown: 20pc more from your pension - if you're happy to go it alone
Hidden in the Autumn Statement was good news for a growing minority of savers brave enough to embrace DIY pensions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267517ca/mf.gif' border='0'/>.....
Standard Chartered pays 327m to settle Iran fine
Standard Chartered is to pay $327m (204m) to US regulators to settle allegations that it breached US sanctions with Iran.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267517cb/mf.gif' border='0'/>.....
