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 guilty of 'stunning failure'
The US says "dangerous practices" at HSBC allowed the bank to pass money to "drug kingpins and rogue nations", as it fines it $1.9bn (1.2bn)......
Northern Rock will repay 270m
Some 152,000 Northern Rock customers will receive hundreds of pounds each in compensation owing to mistakes made in paperwork......
Delta buys into Virgin Atlantic
Delta Airlines agrees to buy Singapore Airlines' 49% stake in Virgin Atlantic, in a deal which was the subject of a high-profile spat between Sir Richard Branson and BA's Willie Walsh......
Three men arrested in Libor inquiry
Three men are arrested in connection with continuing investigations into the manipulation of the Libor inter-bank lending rate......
Advertising giant returning to UK
Advertising agency WPP is moving back to the UK, with the creation of a new parent company to be based in the country......
Shoe retailer to close 90 stores
High street shoe retailer Stead and Simpson confirms it is to close 90 of its stores following a review......
MEPs vote to unify patent system
The European Parliament votes in favour of a unified patent scheme, but the move is being opposed by Italy and Spain......
FSA 'misgivings' over carbon deal
The City regulator says it has "deep misgivings" about high-pressure sales of carbon credit investments......
OBR stresses borrowing may rise
The Office for Budget Responsibility says giving weight to its forecast of a 1bn fall in government borrowing this year is ignoring the uncertainty......
Jaguar considers new Saudi plant
West Midlands-based carmaker Jaguar Land Rover is to explore the option of manufacturing in Saudi Arabia, in what would be its second major overseas venture......
Train-maker wins 106m contract
Train-maker Bombardier wins a 106m contract to continue maintaining Virgin trains on the West Coast Main Line......
Pensions plans 'will cost jobs'
The CBI has renewed its attack on a European scheme aimed at strengthening pension finances - claiming it will lead to thousands of job cuts......
Berlusconi attacks Monti's record
Former Prime Minister Silvio Berlusconi opens Italy's election battle by saying the country is now worse off under his technocratic successor, Mario Monti......
Plans target bogus whiplash cases
Ministers unveil plans to reduce the number of whiplash claims following traffic accidents, blamed for greatly increasing car insurance premiums......
Renesas shares flat on bailout
Shares of embattled Japanese chipmaker Renesas end the day little changed despite the firm securing a 150bn yen ($1.8bn; 1.1bn) bailout......
Online ticket fraud complaints up
The number of complaints about online ticket fraud has increased, says UK reporting centre......
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......
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......
Africa gets first city Monopoly
The first African city edition of the famous board game Monopoly is launched in Lagos, with Banana Island revealed as the upmarket equivalent of Mayfair......
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......
'Hide Christmas gifts' - insurers
Insurers have urged householders to keep Christmas gifts secure after dealing with claims totalling 35m in the UK last December......
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......
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......
Japanese data suggests recession
Revisions to Japan's economic growth figures suggest that the world's third-largest economy is in recession......
Iberia strike cancelled by unions
Unions at the Spanish national airline Iberia call off strike action scheduled for the run-up to Christmas......
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......
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......
AUDIO: Bank fines 'astonishingly high'
The BBC's business editor Robert Peston says banks are having to "pay the price for their past sins"......
VIDEO: Biggest container ship visits UK
The world's largest container ship has visited Southampton as part of its first visit to Europe......
VIDEO: Wiki founder: Digital bill 'incompetent'
The draft Communications Data Bill was "absolutely incompetent" at the job it set out to do, and would be "easy to evade" Wikipedia co-founder Jimmy Wales said......
VIDEO: Does Whitehall spend your 750,000 well?
Institute of Economic Affairs Director General Mark Littlewood said he wants a country "where the individuals should stand tall" as he called for a smaller role for government......
VIDEO: HSBC pays $1.9bn for laundering error
HSBC will pay US authorities $1.9bn (1.2bn) in a settlement over money-laundering, according to reports, the largest ever in such a case......
VIDEO: MEPs vote to unify patent system
The European Parliament votes in favour of a unified patent scheme, but the move is being opposed by Italy and Spain......
VIDEO: UK tax 'tempting overseas business'
Investors in the world's largest advertising agency WPP are expected to approve the firm's proposal to create a new parent company, which will be tax resident in the UK......
AUDIO: 'No black spots' with 4G signal
Stephen Temple, who led much of the work for the joint NTL/France telecom 3G bid, says 4G "delivers signals very reliably"......
US students 'trapped by debts'
The US graduates overwhelmed by student loans.....
Royal Mail gears up for its busiest week
Royal Mail gears up for its busiest week.....
Do you know where your photo is?
Where do spammers find their photos?.....
CEO Guru: Managing risk
Company bosses must consider risk and rewards.....
Supply chain tech to react to change
When tech solves supply chain problems.....
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?.....
U.S. Day Ahead: Fed's Bernanke likely to rev up bond buying
Dec 11 - The Fed could more than double the amount it spends on debt purchases to $85 bln a month when it comes out with its policy decision on Wednesday......
Emotion detector gets to heart of electorate
Dec. 11 - Japan is preparing to elect a new government in a general election scheduled for Sunday and, while campaign managers are working hard on behalf of their candidates, there's one trick they have probably missed in finding an advantage. It's c.....
Trading at Noon: Morgan Stanley eyes share buyback
Dec 11 - Morgan Stanley mulls seeking approval from regulators for share repurchases; Facebook bounces on recommendation.....
U.S Delta buys stake in Virgin Atlantic
Dec. 11 - The $360 million deal between the British carrier and Delta airlines will be a boost to Virgin Atlantic which lost 80 million pounds last year......
Breakingviews: SolarCitys IPO moon dust
Dec 11- SolarCitys shares could price today. Breakingviews columnists discuss entrepreneur Elon Musks hand in the solar panel installer and what the unique business model may mean for its valuation......
Europe Day Ahead: Finmins huddle, Zara zooms, Fed looms
Dec. 11 - Finance ministers try again for a banking union deal, Inditex looks set to buck Spanish blues with bumper earnings, and the world waits for word from the Fed......
LIGHTNING ROUND: QE could last years - Cumberland's Kotok
Dec. 11 - Cumberland Advisors' David Kotok says that, with $1.5 trillion in excess reserves at the Fed, it could take years before the central bank stops its quantitative easing policy.....
Costa's sales boom as Starbucks pays up
Dec. 11 - Britain's Whitbread has hit record sales at its expanding Costa Coffee business, possibly helped by tax avoidance problems facing its rival Starbucks. Sonia Legg reports......
Wealth Strategies: Fed trying to get us into risky assets
Dec. 11 - Loomis Sayles' bond fund manager Peter Palfrey says the Fed's stimulus programs are designed to encourage investment in risky assets and likes corporate bonds in LatAm and high yield energy debt......
New era at troubled German steelmaker
Dec. 11 - ThyssenKrupp's CEO has sacked three board members after the firm posted a $6 billion net loss for the year and a price fixing scandal tainted its reputation. Joanne Nicholson reports......
HSBC to pay record $1.9bln fine
Dec. 11 - HSBC agrees to pay $1.92 billion to settle a U.S. criminal probe into money-laundering lapses at the British lender, the largest penalty ever paid by a bank. Ciara Sutton reports......
3XSQ: U.S. Treasury to sell last of AIG shares at big profit
Dec 11 - The U.S. Treasury will sell the last of its remaining AIG shares, rounding off a $182 billion bailout from the financial crisis......
Laser beaming could make power lines obsolete
Dec. 11 - A company in Washington state is developing wireless technology that delivers electricity via laser beams. The scientists and engineers who run the company, Lasermotive, are using the lasers to power aerial drones but say their technology c.....
Snowman & Snowdog animators walking in the air at tax relief
Animations like the sequel to Raymond Briggs Christmas classic are under threat in the UK. But British animators hope an early Christmas present of 25% tax relief will help. Amy Gardner reports......
Breakingviews: Fine shows HSBC too big to indict
Breakingviews......
Reuters Today: HSBC to pay biggest ever bank fine
Dec. 11 - HSBC has agreed to pay $1.92 billion to settle a U.S. criminal probe into money-laundering the largest penalty ever paid by a bank......
China and the curse of the Skyscraper Index
Dec. 11 - Research indicates the rise of some of the worlds biggest buildings has often preceded the worst market crashes. So what does China's current skyscraper mania herald? Jane Lanhee Lee reports......
Factbox: China making offers the West can't refuse
Dec. 11 - Asset-hungry China is ramping up its foreign M&A activity, targeting top-shelf firms in Western countries that have historically been wary of Beijing's overtures......
U.S. Morning Call: HSBC to pay record money laundering fine
Dec 11 - HSBC has agreed to pay a record $1.92 billion fine to settle a multi-year money laundering probe by U.S. prosecutors......
Stocks spring on tech bounceback
Dec. 10 - Summary of business headlines: Stocks inch higher; $ menu pays for McDonalds; Honeywell warns; Ingersoll-Rand spin-off; Strauss-Kahn settlement. Bobbi Rebell reports......
Market Pulse: Bond spreads: a con and invention - Silvio
Dec. 11 - Who cares about bond spreads? Yes, Berlusconi is back. Plus, its an ugly world for banks and only getting uglier. And ThyssenKrupp shares soar after one of the worst days in the companys history......
Holiday Shoppers: it's all about me
Dec. 10 - Consumers are procrastinating this holiday season- putting off their shopping- but not when it comes to spending on themselves. Sasha Salama reports......
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......
Labour to vote against benefits curb to shield families, says Balls
Labour will vote against the Coalition's plans to rein in welfare spending by limiting annual rises in benefit payments, Ed Balls has announced.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26807d6a/mf.gif' bor.....
Three arrested in SFO Libor-rigging investigation
Three former City traders have been arrested over the alleged manipulation of Japanese borrowing rates as part of a Serious Fraud Office investigation into Libor-rigging.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Mark Carney hints at need for radical action to boost ailing economies
Mark Carney, the incoming Governor of the Bank of England, has suggested abandoning inflation targeting to rescue ailing economies in a speech that rewrote the central banking rulebook.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Mark Carney hints at radical action to boost economy
Mark Carney, the incoming Governor of the Bank of England, has suggested abandoning inflation targeting to rescue ailing economies in a speech that rewrote the central banking rulebook.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Mark Carney suggests abandoning inflation target
Mark Carney, the incoming Governor of the Bank of England, has suggested abandoning inflation targeting to rescue ailing economies in a speech that rewrote the central banking rulebook.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
Britain's monumental housing crisis is the scandal of our age
The dearth of cheap homes will be a key election issue, believes Mary Riddell<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267fbf48/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.....
UK law may struggle to bring prosecutions of Libor traders
The Serious Fraud Office has a range of legal options at its disposal when it comes to prosecuting individuals accused of fixing bank lending rates.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267fbf49/mf.gif'.....
Channel 4 and WPP locked in advertising stand-off
Channel 4 is locked in a stand-off with WPP, the world's biggest advertising group, which could end up pulling all of its ads from the broadcaster.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267fbf4a/mf.gif' .....
Carpetright slips deeper into red but says UK is 'encouraging'
Carpetright, the flooring retailer and economic bellwether, has slipped further into the red after closing stores and writing down the value of other sites in the face of challenging trading conditions.<img width='1' height='1' src='http://telegra.....
Good News Britain: Costa Coffee is 'taxman's favourite coffee shop' after Starbucks row
Costa Coffee is the "taxman's favourite coffee shop", the chief executive of parent company Whitbread has declared after the public furore about the lack of UK tax paid by Starbucks helped to drive sales for Costa.<img width='1' height='1' src='ht.....
Good News Britain: 'Not many companies are reporting 14pc sales growth'
Secret of success is simple - investment in people and products.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267feab7/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151539.....
Imagination shares shrug off MIPS bid battle
The chip designer rose ahead of first-half results tomorrow.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267feab8/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1515394326.....
Silvio Berlusconi: who cares about Italian borrowing costs?
Silvio Berlusconi launched his political comeback with a fresh approach to the prospect of another Italian bond crisis: "Who cares about how much interest we pay?" he asked.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
George Osborne is between a Rock and a hard place
So the small print that no one reads wasn't there, which no one noticed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267fb167/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/.....
Northern Rock to repay 270m due to paperwork error
More than 150,000 customers at the state-owned Northern Rock will have their interest payments on loans handed back to them due to paperwork errors, the Treasury has admitted,<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Private equity firms join race for 4G contract
The long-awaited auction of Britain's 4G mobile airwaves finally rolled into action on Tuesday, as would-be bidders lodged their applications to participate in the multi-billion pound race.<img width='1' height='1' src='http://telegraph.feedsporta.....
4G auction rolls into action
The long-awaited auction of Britain's 4G mobile airwaves finally rolled into action on Tuesday, as would-be bidders lodged their applications to participate in the multi-billion pound race.<img width='1' height='1' src='http://telegraph.feedsporta.....
SodaStream blasts British broadcasters over banned ad
Kitchen-gadget maker accuses broadcasters of protectionism.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267fae0f/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15153930076.....
Uncertainty in Greece as buyback programme misses target
Eurozone finance ministers held a conference call on Tuesday evening to discuss the next steps for Greece after its bond buyback programme failed to achieve the debt reduction target set by the IMF, according to reports.<img width='1' height='1' s.....
Domino Printing Sciences sees profits fall
Full-year profits fell at Domino Printing Sciences as users reined in their spending on new equipment.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267f29fc/mf.gif' border='0'/><br/><br/><a hr.....
The Coalition is riddled with contradictions
Whenever I think of this Government I am reminded of the story of Janus, the two-faced God.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267eb962/mf.gif' border='0'/><br/><br/><a href="http://.....
Debt Crisis: as it happened - December 11, 2012
Eurozone finance ministers will hold a conference call on Tuesday evening to discuss the next steps for Greece after its bond buyback programme failed to achieve the debt reduction target set by the IMF, according to reports.<img width='1' height=.....
Debt Crisis: Uncertainty in Greece as buyback programme misses target - live
Eurozone finance ministers will hold a conference call on Tuesday evening to discuss the next steps for Greece after its bond buyback programme failed to achieve the debt reduction target set by the IMF, according to reports.<img width='1' height=.....
Debt Crisis: Berlusconi says Monti 'too German' - live
Silvio Berlusconi has accused Mario Monti's technocratic government of dragging Italy into recession by following a 'German-centric' policy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267c52a7/mf.gif' border=.....
The current state of world debt
The 2008 financial crisis has seen countries' debt profiles change dramatically. Ironfx has compiled this handy set of slides that explains all.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/267e42e8/mf.gif' bor.....
