UBS in $1.5bn Libor rigging fine
Swiss banking giant UBS agrees to pay $1.5bn to US, UK and Swiss regulators for attempting to manipulate the Libor inter-bank lending rate......
Nissan to invest 250m in the UK
Japanese carmaker Nissan says it will build its next Infiniti premium model in its UK factory......
Bank chief house costs to be paid
Mark Carney, the next head of the Bank of England, will be paid 250,000 in housing costs on top of his salary and pension costs......
Google given EU anti-trust deadline
Google is told it has a month to address complaints it favoured its own services over its rivals in search results......
German business confidence rises
German business confidence rose for the second month in a row in December, according to a closely-watched survey......
Christmas rail strikes called off
ScotRail confirms that strike action due to take place on 22 December and Christmas Eve has been called off......
US government to sell stake in GM
The US government is to sell its remaining 26.5% stake in carmaker General Motors, it is announced......
Bankrupt Kodak gets $525m lifeline
Eastman Kodak sells its digital imaging patents to a consortium of investors, including Google and Apple, for $525m (322m)......
Storm Sandy costs Lloyd's $2.5bn
Insurance market Lloyd's of London says it expects to face claims of between $2bn and $2.5bn for the damage caused by Storm Sandy......
Costs of disasters 'fell in 2012'
Natural and man-made disasters this year will cost at least $140bn (85bn; 104m euros) according to the Swiss Re insurance group......
Fourth hub airport plan unveiled
Plans to build a 24-hour 39bn hub airport on large sandbanks off the Kent coast are unveiled......
Economy 'may contract' at year end
The Bank of England's Monetary Policy Committee says the economy is "quite likely" to have contracted in the final quarter of the year......
Obama in fiscal cliff tax offer
US President Obama makes a new offer to avoid the so-called "fiscal cliff", raising his threshold for tax rises and reducing calls for new revenue......
Whisky firm cheers profits rise
Glasgow-based whisky firm, Whyte and Mackay, caught up in a takeover deal increases profits by 24% to 15.4m......
Japan exports dip for sixth month
Japan's exports fall for a sixth straight month, underlining the issues faced by the incoming government set to take charge in the coming days......
Tui Travel boosts owner's profits
German travel firm Tui reports a sharp rise in profits, thanks to the performance of subsidiary Tui Travel and the group's hotels and resorts business......
Household income 'being squeezed'
Inflation is continuing to undermine household's spending power, according to research from Lloyds TSB......
UK house prices see slight rise
Average house prices across the UK have seen slight increases, according to the Office for National Statistics......
Redundancy talks period halved
The 90-day consultation period before large-scale redundancies can take place is to be cut to 45 days, the government says......
World Bank raises China forecast
The World Bank raises its growth forecast for China, saying stimulus measures and infrastructure projects will help boost growth......
S&P raises Greece's credit rating
Standard and Poor's raises Greece's credit rating, praising the "strong determination" of fellow eurozone countries to help it stay in the grouping......
UK inflation unchanged at 2.7%
The UK inflation rate was unchanged at 2.7% in November, figures show, as rises in food and energy costs were offset by cheaper petrol......
Instagram denies photo selling
Facebook's photo-sharing service Instagram denies that it has changed its privacy policy to allow it to sell users' photos to advertisers......
US investment firm exits gunmaker
US private equity firm Cerberus is to sell its stake in Freedom Group, owner of gunmaker Bushmaster, following the Newtown school shootings......
Dublin opposes Aer Lingus deal
The Irish government voices its opposition to Ryanair's bid to buy rival Aer Lingus, saying the deal risks damaging competition......
Rangers share issue raises 22m
Rangers Football Club announces it has raised a total of 22.2m from its listing on the stock exchange......
GB Paralympics funding increased
Paralympic sport receives a dramatic increase in funding for Rio 2016 following the success of British athletes at London 2012......
AUDIO: Greek credit rating 'upgraded'
Standard & Poor's (S&P) ratings agency last night upgraded Greece's credit grade by six notches......
VIDEO: Rangers shares 'offering good value'
Rangers International Football Club plc has begun trading on London's Alternative Investments Market......
VIDEO: UBS 'has taken remedial measures'
US attorney general Eric Holder say UBS has pleaded guilty to the charges of Libor rigging and taken "significant steps" to help investigators......
VIDEO: The growth of Spain's far right
Newsnight's Paul Mason visits Valencia in Spain and finds wounds from the Franco era are in danger of re-opening......
AUDIO: Peston on UBS Libor fine
The Swiss banking giant UBS has agreed to pay $1.5bn (940m) to US, UK and Swiss regulators for attempting to manipulate the Libor inter-bank lending rate......
AUDIO: UK's 'big four' banks 'too big to fail'
The big four UK banks still "too big to fail" and that gives them an unfair advantage, according to a report from the New Economics Foundation......
VIDEO: UBS fined $1.5bn for Libor rigging
Swiss banking giant UBS has agreed to pay $1.5bn (940m) to US, UK and Swiss regulators for attempting to manipulate the Libor inter-bank lending rate......
VIDEO: Calls to reform S Korea's Chaebols
As South Koreans get ready to elect a new president there are calls to reform the country's big family-owned conglomerates, the Chaebols......
Chaebol debate rages in S Korean election
Are S Korea's mega-firms causing a wealth gap?.....
Brooklyn: New York City's hip start-up hub
The new companies kick-starting in New York's coolest borough.....
India's dilemma over banking reforms
Government measures are not always welcome.....
Investing for beginners - how to get started
Expert advice on how to go about starting to invest.....
Has Christmas dinner price risen?
Has your Christmas dinner risen in price?.....
Rise of the warehouse robots
Robots let loose in retail warehouses.....
New York start-ups' own flavour
How New York's new tech firms differ from Silicon Valley rivals.....
U.S. Day Ahead: It's the Tech Twilight Zone with RIM results
Dec 19 - Research in Motion shares are soaring on BB10 buzz after a two year collapse. Here are the three key indicators to watch out for when RIM reports after the close......
Daily Digit: 100 mln Instagram users
Dec. 19 - Instagram has 100 million users- and a lot of them, are furious about new privacy policies. Conway G. Gittens reports......
Fines, criminal charges in Libor probe
Dec. 19 - The U.S. government, along with European authorities, slapped a record $1.5 billion fine on Swiss bank UBS and announced criminal charges for two ex-UBS bankers for manipulating a key global lending rate. Conway G. Gittens reports......
Techquity: Best and Worst in tech in 2013; Facebook lifted
Dec 19 - Greencrest Capital's Max Wolff on the best and worst tech stocks in 2013, plus Facebook's mobile prowess......
Trading at Noon: GM to zoom away from Uncle Sam
Dec 19 - GM will buy back 200 mln of its shares from the U.S. Treasury, which intends to sell the rest of its stake over the next 15 months......
Breakingviews: What's good for GM
Dec 19 - Richard Beales and Antony Currie discuss the U.S. government's sale of part of its stake in General Motors, and what it means for GM and the Treasury......
Nissan ramps up UK car production
Dec. 19 - The Japanese carmaker is investing 250 million in its Sunderland plant in the north of England, bringing a thousand jobs, while Europe's car industry is at its lowest point in twenty years. Joanne Nicholson reports.....
Europe Day Ahead: UK retail sales set to spring back
Dec. 19 - A look ahead to Thursdays key events including likely monetary easing in Japan, France seeking budget approval and the latest gauge of the UK high street.....
Reports says some BBC staff knew of Savile's "dark side"
Dec. 19 - The BBC did not put pressure on its flagship news show to drop a sex expose into Jimmy Savile but staff emails published by an inquiry showed that some knew about a "darker side" to the former star even as they prepared a tribute programme......
Factbox: 21 Dec 2012 end of the world?
Dec. 19 - The world ends this Friday, say doomsayers who believe in a Mayan prophecy or is it just an excuse to party?.....
Silver lining seen in UBS fine
Dec. 19 - Swiss bank UBS has been fined $1.5 billion by British, Swiss and U.S regulators to settle charges of manipulating global benchmark interest rates, but it may yet come out stronger. Joel Flynn reports......
Greece strike overshadows credit rating lift
Dec. 19 - Public sector workers walked out over austerity measures and thousands of planned job cuts while S&P upgraded Greece's credit rating after bailout money was pumped into the ailing economy . Joanne Nicholson reports......
3XSQ: GM to buy back stake from U.S. Treasury
Dec 19 - General Motors said it will buy back 200 million of its shares from the U.S. Treasury which intends to sell the rest of its stake over the next 15 months......
Wealth Strategies: 2012 1st in multi-year housing recovery
Dec. 19 - Fitch's Bob Curran expects continued stabilization in the housing market in 2013 and feels companies like D.R. Horton, Meritage and Standard Pacific are best poised to see upgrades......
Wealth Strategies: Take risk: buy high-yield, skip Treasuries
Dec. 19 - Eaton Vance's Kathleen Gaffney is still confident a U.S. budget deal will be reached before year-end, but says this is the time to take risk. She likes high-yield and is avoiding Treasuries......
Fitch ratings 2013 outlook
about the ratings agencys outlook for 2013......
Reuters Breakingviews: Breakingviews: Not so boring UBS
Dec. 19 - UBS displayed extraordinary complacency that it was safe and boring, but receiving the second-biggest fine ever for rate rigging shows just how wrong the Swiss bank was......
Reuters Today: $1.5bln the price of peace for UBS
Dec. 19 - UBS pays $1.53bln to settle charges of libor rigging, while South Korea goes to the polls in an election that pits a dictators daughter against a former prisoner......
FACTBOX: No end yet for Japan trade slump
A weak global economy and a territorial spat with neighboring China continue to cut into Japan's exports, underlining the challenges facing new leader Shinzo Abe......
Asian firms enter 2013 with a spring in their step -survey
/INSEAD Asia Business Sentiment Index. Tara Joseph reports......
U.S. Morning Call: UBS fined $1.5 billion for Libor rigging
Dec 19 - Swiss bank UBS admitted fraud and accepted a $1.5 billion fine for its role in manipulating global benchmark interest rates......
Market Pulse: UBS provision shortfall worrying: Olivetree
Dec. 19 - UBS should make a provision of $2.1 bln for Q4 but it hasnt, suggesting there are other things going on elsewhere, says Simon Maughan, Global Financials Strategist, Olivetree Securities......
Two-day bungee jump on Wall Street
Dec. 19 - Summary of business headlines: Stocks enjoy big two-day rally as Washington inches closer to a fiscal cliff deal, Oracle beats quarterly forecasts on higher sales, Instant backlash for Instagram, Knight Capital picks winner, Nielsen, Arbitr.....
Hoping to avoid the fiscal cliff
Dec. 18 - Obama, Boehner inch toward deal to avert fiscal cliff. Deborah Lutterbeck reports......
"Cliff" notes on investing
Dec. 19 - As the two sides appear to be moving closer to a deal on the fiscal cliff, new investment opportunities are emerging. Bobbi Rebell reports......
GSK agrees to pay $150m to US drug wholesalers
Britain's biggest drugmaker GlaxoSmithKline has agreed to pay US drug wholesalers $150m (92m), after they claimed the company improperly maintained a market monopoly of its nasal spray by restricting access to less expensive versions.<img width='1.....
Libor scandal threatens to create a banking crisis to rival 2008
It comes to something when one of the world's major banks admits to fraud, but that's what UBS did On Wednesday in agreeing to pay $1.5bn (940m) in fines for rigging inter-bank interest rates.<img width='1' height='1' src='http://telegraph.feedspo.....
UBS fined over Libor-rigging: Banks should be banned not fined
The UBS Libor-rigging abuse was going on in the heart of the City of London, and several other financial centres, right under the noses of the Financial Services Authority and its regulatory counterparts abroad. Yet still they couldn't detect anythin.....
Libor scandal: Fannie Mae and Freddie Mac could have lost $3bn
US Mortgage lenders may have lost billions due to banks' actions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c4c8a6/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15344.....
Whyte & Mackay profits soar 24pc
Whyte & Mackay, the distiller caught up in Diageo's 1.3bn swoop on India's United Spirits, has seen profits jump almost a quarter as Scotch whisky exports boom.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Rangers completes stock market return
Trading began in the football club's shares in Aim.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c4d4e7/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/151539667874/u/3/f/.....
US charges two former UBS traders over Libor manipulation
The Department of Justice has charged two former UBS traders with conspiracy to manipulate Libor, on the same day the Swiss banking giant agreed to pay 940m in fines to settle charges linked to the key global interest rate.<img width='1' height='1.....
How UBS built its Libor racket
Corruption, bribes, collusion, panic and downright stupidity - the tale of UBS's scandalous Libor rigging between 2005 and 2010 reads like a modern crime thriller.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Lloyds calls a halt to packaged account sales
Bank places temporary ban on sale of controversial "packaged" accounts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c4400a/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....
Sportingbet investors rebel over controversial pay-offs
The Shareholder Spring flared up for what may be the final time in 2012 as more than a fifth of Sportingbet investors staged a rebellion over multi-million pound pay-offs for the betting group's directors.<img width='1' height='1' src='http://tele.....
Sunset + Vine beats ITV to 100m BT sports contract
Television production business Sunset + Vine has landed the near-100m contract to produce BT's new sports channels, beating rival bidders ITV Studios and IMG.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c440.....
BAE warns failure to agree Typhoon price with Saudi might hit profits
British defence giant BAE Systems warned profits might be lower than expected in 2012 because it has still failed to agree a price with Saudi Arabia for its Typhoon fighter jets despite securing the order five years ago.<img width='1' height='1' s.....
Dealmaking drops 16pc in 2012
Dealmaking volumes have plunged this year as uncertainty over the eurozone debt crisis and sluggish growth have dissuaded UK companies from carrying out takeovers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Ireland bank debt easing 'essential' IMF warns EU
The International Monetary Fund has warned Europe its inaction over Irish bank debt could threaten the nation's exit from its bail-out programme by the end of 2013.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Hectors Sants' 3m pay package is a mistake, warns Lord Myners
Barclays has "made a big mistake" in offering its new compliance officer, Hector Sants, a pay package reportedly worth as much as 3m, Lord Myners has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c40f3.....
Former Porsche directors charged over VW fiasco
Two former directors of Porsche have been charged with market manipulation in a dramatic culmination of a three-year investigation of the sport carmaker's effort to takeover VW.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Former Porsche chiefs charged with market manipulation over failed Volkswagen takeover
Prosecutors charge two ex-Porsche execs with market manipulation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c2739b/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15153.....
Societe Generale to pay 16m in employment claim
French bank Societe Generale faces a multi-million pound payout after losing an employment claim relating to a bonus for an employee it sacked in 2007.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c3a4a2/mf.g.....
Debt Crisis: as it happened - December 19, 2012
Anti-austerity protestors take to the streets in Athens while an ECB decision to accept Greek debt as collateral sends the country's cost of borrowing into sharp decline.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Debt Crisis: ECB approves Greek debt as collateral, while protestors flood streets - live
Anti-austerity protestors take to the streets in Athens while an ECB decision to accept Greek debt as collateral sends the country's cost of borrowing into sharp decline.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
75pc of pension losers will be women
Three quarters of the workers who will miss joining a pension scheme automatically next year will be women, the Government has confirmed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c33003/mf.gif' border='0'.....
World Bank fears fresh credit bubble in China on hot money flows
China and Asia's tigers are roaring back to life and risk a fresh credit booms unless they can choke inflows of hot money, the World Bank has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c33004/mf.gif.....
Mark Carney to be paid three times as much as Sir Mervyn King
New governor of Bank of England will receive a 5,000-a-week "accommodation allowance".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c2f866/mf.gif' border='0'/><br/><br/><a href="http://da.fe.....
Debt Crisis: German and Italian elections could slow eurozone progress, says Fitch - live
Elections in Germany and Italy this year, along with easing market pressure on sovereign bond yields, risk plunging the eurozone into complacency, said ratings agency Fitch.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
George Osborne to unveil fracking tax break in Budget
George Osborne said that he will announce a tax regime to support drilling for shale gas and said Britain "must to more" to tap the natural resource.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/26c273a2/mf.gif.....
