Goldman Sachs tops US banking lobby rankings
Wall Street bank spent more than any other single investment bank lobbying the US government in the year to last October.....
Optimism grows over prospect of equities revival
Appetite for higher yields is creating a sustained move towards risk for the first time since 2008.....
UK business plunges 90% at Capital International
US fund manager had enjoyed rapid growth in the UK institutional market in the late 1990s and early 2000s.....
City stars join Ita Unibancos UK board
Robert Pickering and Gay Huey Evans are named non-executives at the London operations of the Brazilian bank.....
JP Morgan named as last yearmost profitable investment bank
Consultancy Tricumen's estimated figure for JP Morgan was 20% more than its closest rival Citigroup.....
Europe hit hardest by slump in global equities trading
New figures paint a grim picture for equities trading across the board during 2012, when continued economic and regulatory uncertainty saw investors flee equities markets.....
Credit Suisse woos Balarkas back with consultancy role
Electronic trading pioneer Richard Balarkas is returning to Credit Suisse as a consultant five years after he left the Swiss bank.....
Natural resources head exits Deutsche for Noble role
Nigel Robinson is leaving the German bank after five years, ahead of taking up a senior finance role at Hong Kong-based commodities trading company Noble Group.....
RK Capital grows profits to 11.3m
Commodities-focused hedge fund founded by Tory donor Michael Farmer has a bumper year.....
HMV boss 'confident of solution'
The boss of HMV says he is confident of finding a solution to the embattled retailer's troubles as the music and DVD retailer prepares for administration......
UK inflation holds steady at 2.7%
The UK inflation rate was unchanged at 2.7% in December, figures show, with rising gas and electricity prices partially offset by a drop in fuel costs......
Facebook unveils social search tools
Social networking giant Facebook unveils tools that let users search through all the information their friends have shared......
Goldman will not delay bonuses
Investment bank Goldman Sachs will not delay staff bonus payments to take advantage of a forthcoming fall in the top rate of income tax, the BBC understands......
Burberry shares up on sales rise
Shares in fashion house Burberry rise after it reports a better-than-expected increase in quarterly sales......
Renault to cut 7,500 French jobs
Renault is to cut about 7,500 jobs in France by 2016 as the carmaker continues to struggle with falling sales and profits......
US retail sales beat expectations
US retail sales rose in December by more than analysts had expected as Americans spent more on cars and home furnishings, figures show......
Hundreds more affected at Honda
More than 300 temporary staff at Honda in Swindon will not have their contracts renewed on top of the 800 staff jobs being cut......
Japan orders Dreamliner inquiry
Japan's transport ministry launches an investigation into what caused two fuel leaks on a Boeing 787 Dreamliner jet operated by Japan Airlines......
Fitch warns on UK's AAA rating
The UK continues to risk losing its top AAA credit rating if it does not reduce its debt, a senior figure at Fitch Ratings tells the BBC......
Greenland defiant on rare earths
Greenland says it will not favour the EU over China as major powers explore for rare earth minerals in the vast Arctic territory......
Nikkei hits near three-year high
Japan's stock market closes at its highest level in almost three years after the Bank of Japan says it will take action to boost economic growth......
Germany's economy slows sharply
The German economy grew by 0.7% in 2012, a sharp slowdown on the previous year, preliminary figures show......
JP Morgan must tighten risk rules
US banking regulators order JP Morgan Chase to implement stricter risk controls, after it lost billions in bets made by a trader known as the London Whale......
S Africa miner to cut 14,000 jobs
Anglo American Platinum says it will cease production at four mine shafts in the Rustenburg region of South Africa, which could lead to the loss of almost 14,000 jobs......
Fitch warning over US debt rating
Credit rating agency Fitch warns it could downgrade its AAA rating of US government debt if policymakers cannot agree to raise the debt ceiling......
Paying by text to launch Spring 2014
A database pairing phone numbers to bank accounts will launch in the UK in Spring 2014, allowing people to text money to each other......
New workers hit by pension plans
Plans for a "simple" flat-rate state pension have been unveiled, but many of those entering the workforce now will be worse off than under current rules......
Police pay to be cut by 4,000
The starting salary for police constables in England and Wales is being cut by 4,000 to 19,000, Home Secretary Theresa May has confirmed......
Emerging nations' top 100 firms
A new report identifies 100 firms from emerging economies that are driving global growth and presenting fresh challenges for traditional multinationals......
City sackings 'at five-year high'
Dismissals and suspensions for disciplinary reasons in the UK financial services sector hit a five-year high in 2012, according to data from the City regulator......
State pension age in new reviews
The state pension age will be reviewed every five years, the pensions minister Steve Webb has said......
Apple suppliers' shares slump
Shares of Sharp and other suppliers of iPhone parts to Apple fall after reports of a cut in orders for the iPhone 5......
Jaguar Land Rover to add 800 jobs
Carmaker Jaguar Land Rover says it is to create 800 new jobs at its plant in Solihull as it announces record sales for 2012......
Record year for Heathrow airport
Heathrow says it handled 70 million passengers in 2012, the highest number on record, as the crowded airport saw bigger and fuller planes......
Nike deal nets McIlroy millions
Rory McIlroy is unveiled as Nike's new brand ambassador in Abu Dhabi, making him one of the highest paid sports stars in the world......
VIDEO: What happened to British industry?
Souvenirs for The Queen's coronation 60 years ago were almost entirely British-made, but UK manufacturing has been in decline and many big names are now in foreign hands, or have disappeared......
VIDEO: Deferring bank bonuses 'clumsy'
Banks choosing to defer paying bonuses until after the introduction of the new 45p income tax rate would be acting 'clumsily' according to the governor of the Bank of England......
VIDEO: HMV boss 'confident of a solution'
The boss of HMV has said he is confident of finding a solution to the embattled retailer's troubles, a day after the company brought in administrators Deloitte......
VIDEO: 'Why we will only buy British'
A family from Kent has decided to try to spend a whole year buying only British-made goods produced by British-owned companies......
VIDEO: Brazil's shanty town property boom
Armed drug lords were seen as one of the worst threats to residents of Rio de Janeiro's shanty-towns or favelas......
VIDEO: 'Music industry wants High St shops'
The music industry does not want to lose its high street presence according to music business use service Complete Music Update......
AUDIO: HMV 'haven't been slaughtered'
Andy Heath, the chairman of UK Music and director of the record company Beggars Group, provides analysis of the retailer HMV going into administration......
AUDIO: Shops 'sympathetic' to apple supply
Adrian Barlow - CEO of the trade association English Apples and Pears - says supermarkets have eased the pressure on the apple industry by lowering their appearance standards......
Can car sharing eliminate traffic jam?
Can car sharing eliminate urban congestion?.....
HMV leaves social gap in High Street
Why HMV is more than just a music chain for some.....
Vouchers and gift cards: Your rights
What happens when you own a failed retailer's tokens?.....
Edible edifice: The offices of tomorrow
The office buildings of the future will be intelligent - and tasty too.....
How your personality affects your investments
'I only trust myself to make money decisions at the weekend'.....
State pension: The overhaul and you
How an overhaul of state pensions could affect you.....
The great London airport debate
Does the South East really need to make more room for planes?.....
New Corvette to drive GM revival
High hopes that 'halo car' will drive Chevy sales.....
U.S. Day Ahead: JPM results could be eclipsed by whale probe
Jan. 15 - JPMorgan earnings out in the morning could be overshadowed by an internal probe into the infamous whale trade which cost the bank over $6 billion, according to reports......
Hollande's green targets short on detail
Jan 15 - French president, Francois Hollande, calls for a 'sea change' in energy policy but stops short of outlining clear green investment and policy plans at the World Future Energy Summit in Abu Dhabi......
Chrysler's Mike Manley says Jeep to roll into China
Chrysler has agreed to make Jeeps in China with partner Guangzhou Automobile, with Jeep CEO Mike Manley saying there is enormous potential in the market......
Techquity: Facebook search, Apple cut
Jan 15 - Facebook debuts a new feature while Apple falls after an analyst cuts his price target......
Daily Digit: Sales up 5.2% in 2012
Jan. 15 - U.S. retail sales were up 5.2 percent in 2012 and rose solidly in December as Americans shrugged off the fiscal cliff drama and went shopping. Conway G. Gittens reports......
Three key numbers to watch in bank earnings
journalists......
HMV latest UK retailer to stumble
Jan. 15 - Music and DVD retailer HMV has called in the administrators after a last-ditch attempt to secure funding failed - the latest high street name to get in to difficulty . Joanne Nicholson reports.....
Birdstrikemobile takes fight to airport scourge
Jan. 15 - Researchers in South Korea have developed a high-tech robot to combat birds at airports. Armed with an array of detection and tracking systems, the mobile system uses high powered lasers and gunshot sounds to scare birds clear of airport ru.....
Trading at Noon: PE eyes PC; Apple struggles at $486
Jan 15 - Dell is in talks with PE firms to go private, and Apple falls after yet another price target cut......
Reuters Breakingviews: Jamie Dimon cant move on yet
Jan 15 - Regulators have ordered JPMorgan to tighten its risk management. Richard Beales and Agnes Crane discuss why the watchdogs, although slow to move, are on the right track......
South Africa's Amplats to shed mines and jobs
Jan. 15 - Anglo American Platinum has said it will cease production at four mine shafts in the Rustenburg region of South Africa, which could lead to the loss of almost 14,000 jobs. Hayley Platt reports......
Europe Day Ahead: Bet your shirt on ECB easing in 2013: Citi
Jan. 15 - Favourable inflation data plus weak growth is likely to persuade the ECB to resume easing in 2013, says Citigroup's Maya Bhandari......
Italy's Berlusconi closing gap ahead of vote
Jan. 15 - New polls suggest Silvio Berlusconi's center-right coalition is making rapid gains ahead of next month's elections increasing the prospect of an unstable Italian government. How much damage could a Berlusconi resurrection inflict on the eur.....
3XSQ: Retail sales surge 0.5% in December
Jan 15 - Retail sales rose more than expected in December as Americans shrugged off the threat of higher taxes and bought automobiles......
Daily Digit: H&M sales
Jan. 15 - Budget fashion firm Hennes & Mauritz reports its third straight month of falling like-for-like sales as the company is buffeted by weak European consumer morale. Sonia Legg reports......
U.S., UK edge closer to falling off the AAA-rated cliff: Fitch
. The UKs top rating is also increasingly vulnerable......
Dreams on wheels at Detroit auto show
Jan. 15 - Car makers are appealing to egos and buyers desire for status to push a new wave of luxury cars at The North American International Auto show. Sharon Reich reports......
U.S. Morning Call: Investors, analysts eye Facebook event
Jan 15 - Facebook will host its first major press event at its headquarters in Menlo Park, California since its troubled initial public offering......
All about speed: Corvette at 60 resurrects the Stingray
' Paul Ingrassia breaks down the highlights of the new model and delves into the legendary sports car's rich history......
Reuters Breakingviews: Arab Spring makes region $225 billion poorer
Jan. 15 - Ousting dictators in the Arab world doesnt come cheap, according to Breakingviews calculations. The hope is wealth will be more evenly distributed, but the fear is the new regimes are less growth-friendly......
Top 5 risks to China's surging stock market
Jan. 15 - Is the surge in Shanghai stocks just swagger? Tara Joseph breaks down some of the risks that could stop the rally dead in its tracks......
Reuters Today: Bernanke pleads for higher debt ceiling
Jan. 15 - Federal Reserve Chairman Ben Bernanke urges lawmakers, in no uncertain terms, to lift the U.S. borrowing limit and avoid a potentially disastrous debt default......
Snow causes havoc in Tokyo
Jan. 15 - Morning commute into Tokyo delayed by record snow. Rough Cut (no reporter narration)......
AutoNation CEO Mike Jackson upbeat on auto industry
The top executive at the U.S.'s biggest auto retailer says the car industry is a bright spot for the U.S. economy. Car sales are up, profits are rising, and the consumer is in the driver's seat......
Bremmer: Nasty economic battle looms between China & Japan
Ian Bremmer, Eurasia Group president, says China jumping over Japan as a global economic power stoked tensions between the nations, which now "hate each other." Growing nationalism in each country and Japan's position as a key U.S. ally make the situ.....
US retail sales rise in December
American consumers drove a bigger than expected increase in retail sales in the run-up to Christmas, shrugging off the threat of tax rises as politicians failed to agree to measures to avert the so-called "fiscal cliff".<img width='1' height='1' s.....
Taxpayers have 'got a terrible deal' out of the bank bail-outs
As the Bank of England warn that Britain's bailed-out banks need billions more capital to shore up their balance sheets, Robert Oxley from TaxPayers' Alliance says the rescue packages now constitute a "terrible deal" for the UK taxpayer.<img width.....
ARM shares drop on broker downgrades
The chip designer was one of the biggest FTSE 100 fallers today.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278e0aae/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/152265.....
Pascal Soriot is ready for AstraZeneca to start taking risks again
Pascal Soriot has administered what looks like shock therapy for a new chief executive of a major drugs company. He's culled AstraZeneca's head of research and head of commercial operations on the same day.<img width='1' height='1' src='http://tel.....
Ocado sales grow slower than Tesco and J Sainsbury online businesses
Sales at online grocery group Ocado grew at a slower place than its rivals in the run-up to Christmas.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278d94a4/mf.gif' border='0'/><br/><br/><a hr.....
Bundesbank to pull gold from New York and Paris in watershed moment
Germany to repatriate gold reserves to combat currency crises.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278d94a5/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15226494.....
Menswear helps Burberry to bounce back from profits warning
Strong menswear sales in the run-up to Christmas have helped Burberry to bounce back from a profits warning last year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278d94a7/mf.gif' border='0'/><br/><.....
HMV boss 'convinced' chain will survive as private equity eyes rescue
The chief executive of HMV says he is "convinced" that the retailer can be saved after private equity firms and record labels emerged as potential bidders.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278d94a8/.....
HMV: Record labels could take retailer back to its 1920s roots
HMV was founded by a record label and the music industry now offers its best chance of survival on the high street.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/27894948/mf.gif' border='0'/><br/><br.....
Greek opposition warns bail outs are a 'bottomless pit'
Greece's left wing opposition leader has warned Germany that his country is a "bottomless pit" for European taxpayers and claimed Berlin's austerity drive was "inhuman".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Lloyds and RBS need billions more capital, BoE says
Britain's bailed-out banks need billions of pounds more capital to shore up their balance sheets and support the economy, senior Bank of England officials have warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Aurum results sparkle amid strong Christmas trading
The luxury jewellery group Aurum Holdings has reported sparkling Christmas trading figures with a jump in sales at its each of its well-known brands, Goldsmiths, Mappin & Webb and Watches of Switzerland.<img width='1' height='1' src='http://te.....
Banks using Funding for Lending Scheme to 'rip off' customers
Banks have been accused of using the Government's taxpayer-backed cheap credit scheme to rip off customers by cutting rates on savings accounts more than on new loans.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
It is those in love with EU regulations who are destroying UK jobs
By rights, this should have been the time when those who spent the past few years campaigning against the European Union's economic follies were enjoying the bittersweet smell of political vindication.<img width='1' height='1' src='http://telegrap.....
Cap cigarette profits, say academics
Profits in the tobacco industry should be capped and policed by an independent regulator similar to Ofgem in the energy sector to raise funds for smoking prevention services, according to academics.<img width='1' height='1' src='http://telegraph.f.....
Smiths News newspaper and mag sales dip
Smiths News has seen a decline in sales at its newspaper and magazine distribution business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278d1b0e/mf.gif' border='0'/><br/><br/><a href="http:/.....
IGas raises 23m to help fund fracking in northwest England
IGas Energy has raised 23.1m through a share placing to help fund exploration for shale gas in the north-west of England this summer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278d1b0f/mf.gif' border='0'/>.....
Government faces 'challenge' to recruit vital rail experts
Attracting private sector rail experts to run government franchise teams in the wake of the West Coast Main Line fiasco will be a "challenge", the chairman of Eurostar told MPs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Fiat boss warns European car industry could 'unravel' unless EU co-ordinates capacity cuts
The boss of Italian carmaker Fiat has warned that Europe's embattled car industry will 'unravel' unless the European Union steps into co-ordinate urgent cuts in capacity across the continent.<img width='1' height='1' src='http://telegraph.feedspor.....
Renault to cut 7,500 French jobs
The French auto industry was hit again on Tuesday when Renault said that it planned to cut its staff in the country by 7,500 workers by 2016 to become more competitive and prepare for the hiring of others with specific skills.<img width='1' height.....
BT's stranglehold over superfast broadband 'put Britain's digital standing at risk'
BT monopoly is putting Britain's digital future at risk, it is claimed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278ced88/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r.....
Goldman decides not to delay bonuses to beat tax
Goldman Sachs bowed to pressure and decided not to delay bonus payments to benefit from a lower rate of tax yesterday, just hours after Bank of England Governor Sir Mervyn King attacked the plans as "depressing".<img width='1' height='1' src='http.....
Sketch: Mervyn Caesar and the Tax Romana
Michael Deacon watches Sir Mervyn King, governor of the Bank of England, criticise bankers who planned to delay their bonuses to pay less tax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278c131a/mf.gif' borde.....
Tributes pour in for stricken HMV
An aggrieved customer has left a floral tribute at a statue of the iconic HMV dog while many others took to Twitter to express condolences over the company's collapse.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
'Companies making redundancies must find staff new jobs', say European MPs
EU move will raise tensions between Europe and Britain over red tape.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/278c131e/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1.....
