EU banker bonus cap 'self-defeating'
The EU's proposed cap on banker bonuses will drive business away from London, says Boris Johnson, the mayor of Europe's biggest financial centre......
RBS lost 5.2bn in 'chastening' year
Royal Bank of Scotland (RBS) has reported its fifth year of losses since it was bailed out by the government in 2008, hit by fines and mis-selling charges......
BP oil spill probe 'had limitations'
A BP executive admits that the scope of an internal investigation into the Gulf of Mexico oil disaster that he led did not include budget pressures from top management......
Revision takes US economy to growth
The performance of the US economy in the last three months of 2012 is revised from a 0.1% contraction to 0.1% growth by the Commerce Department......
Sports Direct buys Republic chain
The Republic fashion chain has been bought by Sports Direct for an undisclosed sum, which administrators say will safeguard more than 2,100 jobs......
HMV administrators sell Asia shops
The administrators of HMV sell its six shops in Hong Kong and two in Singapore to private equity firm Aid Partners......
Samsung loses Japan iPhone battle
Samsung has failed in its latest patent challenge against Apple, but is being aided by a former UK judge in a separate battle......
Union agrees Opel's restructure plan
German trade union IG Metall agrees to Opel's plan to restructure its German operations......
Thousands face mortgage rate rise
Thousands of mortgage borrowers with Bank of Ireland and subsidiary Bristol and West will see the cost of their home loan nearly double, despite steady interest rates......
Spain's Bankia loses 19.2bn euros
Spain's troubled Bankia - formed of the merger of seven savings banks - has made a record loss despite being bailed out with 18bn euros......
Sale prompts windfall for investors
Mutual annuity provider MGM Advantage is selling its name and any new business to a private equity firm - prompting a windfall for thousands of customers......
Iberia and fuel costs hit IAG profit
Restructuring charges at Iberia and fuel costs have hit results at International Airlines Group (IAG), which owns both the Spanish flag-carrier and British Airways......
Eurozone inflation drops back to 2%
The average rate of inflation across the eurozone has fallen from 2.2% to 2% in January, according to official figures......
Capital plan to boost new banks
Customers could get more choice over where to bank on the High Street after the regulator announced a potential boost for new entrants to the market......
Sony sells 'holy land' building
Sony has sold one of its landmark Tokyo buildings for $1.2bn - its second high-profile property deal this year......
Debate over 'jargon' for investors
Renaming a sector for certain types of investments will make the risks clearer to consumers, a trade body says, but there has been criticism of the move......
Council tax up despite incentives
More than 40% of councils in England are planning to increase council tax this year, despite being offered cash incentives to freeze bills......
Whisky galore flushed down drain
Thousands of litres of whisky are flushed down the drain by accident at a bottling plant in Dumbarton......
All-time high for Bitcoin currency
Online currency Bitcoin reached an all-time high price of more than $32 (21), a sign the virtual money fortunes have reversed......
Rising costs 'add to divorce misery'
Spiralling costs and poor quality legal services are adding to the misery of divorce, the Legal Ombudsman for England and Wales says......
Hidden theatre booking fees targeted
An advertising watchdog has vowed an ongoing crackdown against ticket sellers who hit customers with hidden booking fees......
Colder weather boosts British Gas
Centrica says profits from British Gas' residential energy supply rose 11% to 606m last year, as colder weather meant people used more gas......
India eyes growth with spending rise
India's finance minister announces an unexpected rise in public spending for the next financial year in an attempt to revive its sluggish economy......
US durable goods fall in January
Orders for US durable goods fell in January for the first time in five months as aircraft orders plunged, but excluding transport, orders rose steadily......
Surge in Italy's borrowing costs
Italy's borrowing costs rise sharply but the government sells all the bonds on offer, in the first test of its ability to borrow money long-term after the election......
Apple boss laments share price fall
Apple's chief executive Tim Cook acknowledges shareholder unease over the technology giant's falling share price, but says the company is working on a pipeline of "great stuff"......
BP 'egregious' for drilling well
BP is accused of disregarding evidence during drilling that the Macondo well was unstable, on the third day of a civil trial over the Gulf of Mexico oil spill......
Shell halts Arctic drilling for 2013
Royal Dutch Shell says that it will suspend its offshore drilling programme in the Arctic for the rest of 2013 in order to give time to ensure safety......
Lancs' Old Trafford home renamed
Lancashire's Old Trafford ground is renamed as part of a 10-year partnership with airline firm Emirates......
Work on golf resort 'by autumn'
The developer behind the 100m golf and hotel resort near the Giant's Causeway in County Antrim says he hopes work will start this autumn......
Gers will not lose league titles
The commission appointed by the SPL to investigate alleged undisclosed payments by Rangers will not strip the club of any league titles......
VIDEO: RBS: 'Digging our way out of mess'
Royal Bank of Scotland has "defused an economic time bomb", despite reporting losses of 5.17bn, its chief executive has said......
VIDEO: High street store closures soar
The number of stores closed by retail chains in Britain has soared over the past 12 months, according to research......
VIDEO: Smart phone becomes 'smart wallet'
Rory Cellan-Jones takes a look at NFC technology to see how it could turn the smart phone into a "smart wallet"......
VIDEO: High Street store closures 'soar'
The number of shops closed by retail chains in Britain has soared over the past 12 months, according to research......
AUDIO: 200m 'boost' for supply chains
Lorraine Holmes, of the Manufacturing Advisory Service, says the joint government and industry commitment to put 200m into supply chains will boost the economy......
VIDEO: 'My divorce costs rose out of control'
Divorcee Sam Feely speaks to the BBC about the legal costs she incurred through her divorce......
VIDEO: Airbus gears up for A350 launch
Airbus, the European planemaker owned by EADS, is getting ready to launch its A350, a rival to Boeing's grounded Dreamliner aircraft......
VIDEO: India budget comes as economy slows
Indian business wants a budget for growth, but the government could be tempted to go for populist spending measures......
How horsemeat made ready meals cheap
How horse meat has kept ready meal prices low.....
End of the line for online passwords
Why this could be the end for online passwords.....
Open window gave restaurant lift-off
How an open window was best advert for new restaurant.....
Nepal farmers brew coffee success
Nepal's farmers turn to coffee cultivation.....
Can motorway services boost economy?
Can motorway service stations boost the economy?.....
Who pays for the greening of Germany?
Consumers pay for Germany's green revolution.....
The myth of working from home
After years of predictions, why is working from home not the norm?.....
Can politicians save Britain's pubs?
Are politicians doing enough to save Britain's pubs?.....
Reuters Right Now: Groupon CEO departure won't save the firm
Breakingviews' Rob Cyran......
U.S. economy is sluggish, not moribund
Feb. 28 - GDP data show the U.S. economy barely budged in the fourth quarter, but economists remain optimistic about the current quarter, despite looming spending cuts. Bobbi Rebell reports......
U.S. Day Ahead: What's Buffett's next big deal?
Feb. 28 - We could get more clues when the billionaire investor releases his latest annual letter to Berkshire shareholders, fresh from that $23 billion dollar Heinz deal......
Housing improving on surface, but problems linger below
Fwb. 28 - RealtyTracs Vice President Daren Blomquist says signs such as increasing home prices, sales and demand create an imbalance in the distressed housing market......
Techquity: Narrowing niche for Nook, Facebook falling
Fed 28 - Tech giants pressuring Barnes & Noble's Nook sales while Facebook hits a 2013 low......
Trading at Noon: The 'ok', the bad & the ugly in retail
Feb 28 - We discuss earnings from the retail realm--from iconic Sears to newbie Groupon......
Underwater phone wows mobile show
Feb.28 - A bath-proof phone and a GPS walking cane are just some of the more whacky designs to hit this year's Mobile World Congress in Barcelona. Ciara Sutton reports......
Breakingviews: Always be paranoid
Feb 28 - Antony Currie and Breakingviews columnists discuss why Intel should be wary of overdoing its push to make semiconductors for rivals......
Europe Day Ahead: Red ink, bank blues
Feb. 28 - After big losses from RBS and Bankia today analysts are on alert for numbers from Lloyds tomorrow. Euro zone PMIs may not offer much cheer either......
Wealth Strategies: Stocks will hit all-time high over & over
Feb 28 - LPL Financial's Jeff Kleintop says that, while U.S. stocks are at all-time highs, valuations are still at the lows hit during the 2008-2009 bear market and feels the secular bear market may be over......
NY Comptroller - Sequestration set to be more "severe" than expected
Feb. 28 - The White House is actually underestimating the impact of Friday's $85 billion budget cuts on state and local finances, according to NY State Comptroller Thomas DiNapoli......
Horsemeat, now donkey - what next?
Feb. 28 - The meat scandal spreads to South Africa as donkey, water buffalo and goat is found in sausages and burgers, raising questions about where next and when will this scandal end? Hayley Platt reports......
Euro Zone Summit: Austerity not Germany's fault - Schaeuble
Feb. 28 - German Finance Minister Wolfgang Schaeuble says don't blame Germany for the post election instability in Italy. He also describes how he hopes to have a deal on Cyprus before Easter......
Rat brains linked to create "biological computer"
Feb. 28 - Duke University neurobiologist Miguel Nicoleilis says it might one day be possible for animals to communicate and collaborate with each other, using only their thoughts. Dr Nicoleilis has already developed interface technology connecting an.....
Daily Digit: Bankia's 19.2 billion euro loss
Feb. 28 - Spanish lender Bankia posts the country's biggest ever corporate loss of 19.2 billion euros for 2012, but the troubled lender insists it's on track for a recover in 2013. Ciara Sutton reports......
Reuters Breakingviews: EU warns banks to behave - or face consequences
Breakingviews. The banks should comply with the spirit of the proposed regulation......
The yen: how low can it go?
Feb. 28 - Prime Minister Shinzo Abes call for monetary easing is music to the ears of the nations exporters, but can the yen sink to the 100 per dollar mark? Yonggi Kang asks market watchers......
Reuters Today: Chastened RBS reports yet another loss
Feb. 28 - RBS reports its fifth annual loss since being bailed out by the British government. Plus banker bonus bashing by the EU......
Reuters Today: Chastened RBS reports yet another loss
Feb. 28 - RBS reports its fifth annual loss since being bailed out by the British government. Plus banker bonus bashing by the EU......
China's small cities gear up for big spenders
Feb. 28 - China's new growth engine is its small cities, far inland from the prosperous east coast. Migrant workers who once fled poverty at home are flocking back as entrepreneurs to ride a new spending wave......
U.S. Morning Call: Biggest Losers: JCPenney & Groupon
Feb 28 - JCPenney and Groupon are tanking in the premarket today, after posting disappointing results......
Market Pulse: What's Moving Today and Why
Insider has its finger on the market pulse, analyzing and making sense of the biggest movers of the day......
Apple keeps purse strings tight
Feb. 27 - Apple is holding on to its cash for now. The tech giant declined to offer any new ways to distribute its $137 billion cash pile at its annual shareholders meeting. Bobbi Rebell reports......
NY Comptroller: 1/3rd of Wall St. jobs unlikely to return
Feb. 27- Expect more job losses on Wall Street thanks to cost cutting and new technology according to the NY State Comptroller Thomas DiNapoli......
Bull bonanza on Wall Street
Feb. 27 - Summary of business headlines: Blue chips less than 100 points away from an all-time high as data point to business spending pick-up, Bernanke signals all-clear on QE3 and investors gobble up Italian debt. Losses, however, deepen at J.C. Pe.....
Groupon replaces chief Andrew Mason: his leaving letter
Groupon has replaced chief executive Andrew Mason. Here is his leaving letter in full.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2912ab0d/mf.gif' border='0'/><br/><br/><a href="http://da.fe.....
Groupon replaces chief Andrew Mason after dismal results
Dealy deals firm battling falling shares and ailing European business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2912ab0e/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
Groupon sacks chief Andrew Mason after dismal results
Dealy deals firm battling falling shares and ailing European business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29129e21/mf.gif' border='0'/>.....
O2 customers rise but profits fall
More than a million new customers switched to O2 contracts last year, but the mobile giant's sales still plummeted as people cut their spending.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29118f8a/mf.gif' bor.....
The Government could use its RBS stake to support our growing businesses
Royal Bank of Scotland chief executive Stephen Hester believes the "light at the end of the tunnel" is fast approaching for the lender, but the market appears to have drawn the opposite conclusion.<img width='1' height='1' src='http://telegraph.fe.....
Ryanair cuts capacity at Stansted by one million passengers
Ryanair will cut capacity at Stansted by 9pc on the day the airport came under new ownership, in response to 'unjustified' increase of landing charges.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29119dc2/mf.g.....
Profit has become a dirty word when it comes to fuel and banks
Britain will pay for its war on the energy companies and banks, says Jeremy Warner<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29118f90/mf.gif' border='0'/>.....
We can't afford to make profit a dirty word
Britain will pay for its war on the energy companies and banks, says Jeremy Warner<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29118a52/mf.gif' border='0'/><br/><br/><a href="http://da.feedsp.....
RBS: Stephen Hester has a tough year ahead of him
Royal Bank of Scotland chief executive, Stephen Hester, has a huge job ahead of him in the next year to achieve his aim of turning the lender into a 'normal' bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
British American Tobacco to buy back 1.5bn of shares
British American Tobacco cheered the market by announcing a 1.5bn share buyback programme, as price rises and smokers trading up to premium brands helped the cigarette maker overcome falling sales.<img width='1' height='1' src='http://telegraph.fe.....
ITV rebounds as FTSE 100 caps off positive month
The broadcaster was one of the biggest risers on the FTSE 100.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291197c8/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15891973.....
National Express investors push for exit from UK rail
National Express is under pressure from shareholders to exit Britain's troubled rail industry in the wake of the West Coast Main Line scandal, it emerged on Thursday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
UK anger as Europe agrees toughest pay rules in the world
European officials agreed the first ever legal curb on bank bonuses in a move that the City warned could backfire and produce bigger salaries, riskier banks and fewer jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Domino's Pizza directors make 39m from selling shares
Domino's Pizza directors have cashed in on the delivery company's success by selling 39m of shares.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2911909a/mf.gif' border='0'/><br/><br/><a href=.....
House hunters surge to their highest level in five years in January
The number of house hunters surged to their highest level in more than five years in January, boosting hopes that 2013 will be a better year for the residential property market.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Man Group unveils 491m loss
Man Group capped a disastrous year as the hedge fund group unveiled a $745m (491m) loss and confirmed that one of its employees had been arrested on suspicion of insider trading.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Bonus cuts see luxury home cash buyers fall
Cash buyers account for 49pc of all deals, compared with 74pc in 2011.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291190a6/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
Apple named Fortune's 'most admired company' for sixth year
Apple has topped Fortune's most admired companies list for the sixth consecutive year, with Google second and Amazon third.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2910dde1/mf.gif' border='0'/><br/&g.....
If the Coalition wants to save the high street it must rethink business rates
Ever since the days when the Tudors ran the country, governments have used a tax on property - either residential or commercial - to pay for local services.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2910dde3.....
Tony Hayward to return to offshore drilling in 2013 as Genel eyes expansion
Tony Hayward plans to return to offshore oil drilling this year for the first time since leaving BP in the wake of the Gulf of Mexico disaster, as he plots expansion in Africa with Genel Energy.<img width='1' height='1' src='http://telegraph.feeds.....
Lloyds Banking Group chief promises to lend 5bn to small business as mis-selling bill rises to 6.7bn
Lloyds Banking chief has promised to lend at least 5bn to its one million small business customers as it prepares to unveil results that are expected to show mis-selling provisions rising to 6.7bn.<img width='1' height='1' src='http://telegraph.fe.....
Britain must not 'undo' EU by leaving, says Olli Rehn
Britain is better off inside the European Union, commissioner Olli Rehn has said, as he urged the UK to support the rebuilding of the 27-nation bloc rather than seek to "undo our Community" by heading for the exit.<img width='1' height='1' src='ht.....
RBS boss Stephen Hester defends bankers' bonuses in face of losses
RBS chief executive Stephen Hester defends bankers' bonuses, saying the country should want "good, motivated people" working in the bank as there's "a lot of money at stake".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Sports Direct buys Republic fashion chain
Sports Direct has swooped on collapsed fashion chain Republic, buying 116 of its shops from administrators.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/290d83c4/mf.gif' border='0'/><br/><br/><.....
New Crossrail images show tunnelling marathon under the streets of London
New Crossrail images show tunnelling marathon under London.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/290fc1b8/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15891972527.....
Thursday 28 February 2013
Wednesday 27 February 2013
UK Financial News on 2013-02-27
Regulators and issuers gear up for European RMBS register
Interest surges in new data warehouse promising greater collateral transparency.....
Price of Ashmore 2011 equity acquisition halves
Emerging markets manager will pay just half the maximum price of a 2011 acquisition after outflows and performance issues hit the business's value.....
BP 'egregious' for drilling well
BP is accused of disregarding evidence during drilling that the Macondo well was unstable, on the third day of a civil trial over the Gulf of Mexico oil spill......
Shell halts Arctic drilling for 2013
Royal Dutch Shell says that it will suspend its offshore drilling programme in the Arctic for the rest of 2013 in order to give time to ensure safety......
Apple boss laments share price fall
Apple's chief executive Tim Cook acknowledges shareholder unease over the technology giant's falling share price, but says the company is working on a pipeline of "great stuff"......
UK growth for 2012 revised upwards
The UK economy grew 0.2% in the whole of 2012, revised up from the estimate of zero growth, but it still contracted in the last three months of the year......
Colder weather boosts British Gas
Centrica says profits from British Gas' residential energy supply rose 11% to 606m last year, as colder weather meant people used more gas......
Airbus owner reports strong profits
Aerospace and defence group EADS reports a rise in profits and sales in 2012, boosted by a strong performance from its aircraft maker Airbus......
Farmers say 'sell more British meat'
Farming leaders call on supermarkets to stop scouring the world for the cheapest food and support British products......
New block on Ryanair Aer Lingus bid
The European Commission blocks a third attempt by Ryanair to take over rival Irish airline Aer Lingus, in which it already owns a 30% stake......
Surge in Italy's borrowing costs
Italy's borrowing costs rise sharply but the government sells all the bonds on offer, in the first test of its ability to borrow money long-term after the election......
Hidden theatre booking fees targeted
An advertising watchdog has vowed an ongoing crackdown against ticket sellers who hit customers with hidden booking fees......
US durable goods fall in January
Orders for US durable goods fell in January for the first time in five months as aircraft orders plunged, but excluding transport, orders rose steadily......
Scots newspaper sales still sliding
Big changes to the format of two of Scotland's biggest regional papers fail to reverse sliding sales, according to new figures......
Weir Group reports record profits
Engineering firm Weir Group reports record pre-tax profits of 443m, boosted by a good performance by its minerals division......
London Market Report
Leading UK shares regain some ground after falling heavily on Tuesday in the wake of the Italian election results......
Concerns over women's pension rights
Concerns have been highlighted to MPs about the rights of many women to a new "simpler" flat-rate state pension......
ITV profits boosted by studios arm
Broadcaster ITV reports a rise in profits, helped by a strong increase in revenues from its production arm......
English clubs 'can meet FFP rules'
A leading sports lawyer, who was on the Man Utd board for 28 years, says Premier League clubs can meet Uefa's Financial Fair Play rules in 2014......
EU ministers back fish dumping ban
EU fisheries ministers agree at an all-night session to end the controversial practice of dumping unwanted fish - but with exemptions......
Digital boss Lane Fox to get peerage
E-commerce pioneer and government adviser Martha Lane Fox is to join the House of Lords, it is announced......
Drinkers sue over 'watered-down' Bud
US beer lovers are suing Anheuser-Busch for allegedly watering down its Budweiser, Michelob and other popular American beer brands......
Pension options to be made clearer
A new code will ensure people approaching retirement have their pension options explained by their insurer, but some say it does not go far enough......
Negative rate 'should be considered'
Bank of England deputy governor Paul Tucker says the "extraordinary" move of introducing negative interest rates should be considered......
Warning about student 'money mules'
Fraud experts are warning that hundreds of thousands of people are in danger of being duped into laundering money for fraudsters......
India optimistic on economic outlook
India's finance ministry issues an optimistic forecast for economic growth ahead of the announcement of the country's budget on Thursday......
US shows signs of stronger recovery
The US economy registers surprisingly strong consumer confidence and new home sales data, suggesting the recovery is gathering steam......
Obama ups ante as budget axe hovers
President Obama ramps up pressure on lawmakers over looming spending cuts, which officials cite as they release hundreds of illegal immigrants......
JP Morgan to cut up to 19,000 jobs
US bank JP Morgan Chase increases its planned job cuts to 19,000 by the end of next year in its mortgage and community banking businesses......
Housing recovery boosts Home Depot
Home Depot's profits jump by a third as the US home improvements chain benefits from the housing market upturn and repairs after Storm Sandy......
Ashley sells Sports Direct stake
Newcastle United owner Mike Ashley sells a 4% chunk of his stake in the retailer he founded, Sports Direct, for 100m......
London offers Rio top transport tips
Rio receives London's top tips on how to run a smooth transport system for when it hosts the 2016 Olympic and Paralympic Games......
Maradona appeals for tax 'justice'
Argentine ex-football star Diego Maradona appeals to Italian authorities for "justice" after returning to the country to dispute a demand for unpaid taxes......
VIDEO: Tesco promises 'change' over horsemeat
The Chief Executive of Tesco, Philip Clarke, will tell the National Farmers' Union conference on Wednesday that he aims to source chicken and other meats closer to home.....
VIDEO: What would negative interest rates mean?
The Bank of England has considered setting a negative interest rate in a bid to boost the economy, but what would be the impact of such move?.....
VIDEO: Drinkers sue over 'watered-down' Bud
Beer drinkers in the US have filed a $5m (3.3m) lawsuit accusing Anheuser-Busch of watering down its beer......
VIDEO: 'Electricity error' may close pub
A Kent landlady has said she may be forced to close her pub after a mistake by her electricity supplier left her facing a 17,000 bill......
AUDIO: 'We've learned to live with petrol rises'
Neil Atkinson, head of energy research at the consultancy Datamonitor, told today presenter Simon Jack explained that people in the UK have come to accept high prices of fuel......
AUDIO: Centrica boss defends profits rise
The energy group, Centrica, has announced an increase in profits in the residential arm of British Gas. They rose 11% last year to 606m. In November British Gas increased customer bills by 6%. The chief executive of Centrica, Sam Laidlaw, said it was.....
AUDIO: Local TV 'engages with communities'
Debra Davis, chief executive of City TV in Birmingham, says local TV is an "opportunity to engage with communities, which is really important"......
VIDEO: How do you train a celebrity nanny?
Some of the most traditional nannies in the land, the uniformed Norland nannies, are updating their CVs with modern techniques for celebrity clients.....
Nepal farmers brew coffee success
Nepal's farmers turn to coffee cultivation.....
Who pays for the greening of Germany?
Consumers pay for Germany's green revolution.....
The myth of working from home
After years of predictions, why is working from home not the norm?.....
Making OATs (Old Age Technologies)
The Old Age Technologies to help us work longer.....
Can politicians save Britain's pubs?
Are politicians doing enough to save Britain's pubs?.....
U.S. Day Ahead: Oh, and about that recession?... Never mind!
Feb. 27 - Concerns of a new U.S. recession should be dispelled with the release of revised GDP data in the morning......
Vilsack-Sequester to hurt meat market as USDA budget shrinks
about the potential impact of sequestration on the meat and poultry industry......
Techquity: Apple CEO feels shareholder pain; Groupon lifted
Feb 27 - Apple CEO Tim Cook acknowledged that his shareholders were disappointed with a five-month slide of more than 30 percent; Analysts turn positive on Groupon, but the company faces longer-term challenges......
Saft says: Yep - Dimon is rich, but at what price?
Columnist James Saft says we all know JPM CEO Jamie Dimon is richer than most of us because he's running banks with high leverage under comparatively loose regulatory regimes......
Daily Digit: Target makes $961 million
Feb. 27 - Targets profit slips to $961 million in the key winter holiday quarter as it loses the discount battle to Wal-Mart. Conway G. Gittens reports......
Trading at Noon: Apple's annual pow-wow in focus
Feb 27 - Investors gear up for Apple's annual meeting in Cupertino, California......
The sequester in 60 seconds
Prepare for sequestration, those deep, across-the-board federal budget cuts scheduled to start March 1. Here is a rapid-fire look at where the cuts will fall and how they might affect you. (February 27, 2013).....
Breakingviews: Whale of a bank
Feb 27 - One of the themes of JPMorgans investor day was a defense of being big. Richard Beales and Antony Currie discuss CEO Jamie Dimons argument that the different parts of the bank work well together......
Talking on the phone is so last decade - Ericsson
Feb. 27 - Forget talking on the phone, data is the future for all telecom operators and gear makers says Ericsson CEO Hans Vestberg.....
Samsung? They dont scare us
Feb. 27 - Samsungs dominance in mobile phones is no barrier to entry for new firms, says Huawei marketing chief Shiao Yang as the Chinese firms sets out to grab a bigger share of consumer markets......
Europe Day Ahead: All roads lead to Rome
Feb. 27 - Rome looks set to hog the headlines again as the Popes official day of departure upstages wrangling over a new government for Italy......
Euro Zone Summit: Barroso urges leaders to stick to goals
Feb. 27 - European Commission President Jose Manuel Barroso says Italy's election result is not a rejection of austerity. He says the danger for the euro zone remains complacency......
FACTBOX: How states will be hit by U.S. budget cuts
Feb 27 - Find out the three biggest losers when $85 billion worth of budget cuts come into effect from March 1st......
Daily Digit: EADS shares soar on higher profit
Feb.27 - Airbus parent EADS predicts higher profit after stronger than expected 2012 earnings and a clampdown on costs but the development of its A350 jet remains a challenge, says CFO Harald Wilhelm. Hayley Platt reports.....
Daily Digit: EADS shares soar on higher profit
Feb. 27 - Airbus parent EADS predicts higher profit after stronger than expected 2012 earnings and a clampdown on costs but the development of its A350 jet remains a challenge, says CFO Harald Wilhelm, Hayley Platt reports......
Manned mission to Mars? Hedgehogs may go first
Feb. 27 - American entrepreneur Dennis Tito says he wants to launch a manned mission to Mars in January 2018, but researchers at NASA and Stanford University argue that it may be better to visit the mysterious Martian moon, Phobos first. They're deve.....
Dont be sucked in the euro zone will break up
Feb. 27 - Despite the respite offered by the ECBs bond-buying pledge and Angela Merkels shift, the euro zone is structurally flawed and is still headed for collapse. So says Capital Economics Roger Bootle......
Euro Zone Summit: Bond buying plan there to be used - C
Feb. 27 - The ECB's bond-purchase programme is "not a nuclear deterrent" and is available for use says Executive Board Member Beno......
Euro Zone Summit: Spain no nearer bailout - Finmin
Feb. 27 - Spain is no closer to seeking bond-buying help from the ECB despite the Italian election vote, according to the countrys economy minister Luis de Guindos......
Reuters Breakingviews: BOEs futile policy options
Breakingviews......
Hong Kong Exchanges seeks new windows to the world
Feb. 27 - A fresh business model for Hong Kong Exchanges including its recent $2.2 billion purchase of the London Metals Exchange may just resurrect the companys waning fortunes. Tara Joseph reports......
Reuters Today: Big Ben Calms Nerves
Feb. 27 - European shares rise after Ben Bernanke strongly defends the Fed's monetary stimulus, easing financial market worries over an early QE exit......
Investors bet on restraint in India budget
Feb. 27 - India is expected to tighten its belt this week with an austere budget, trying to avoid a sovereign ratings downgrade. Here are three reasons for foreign investors to sit up and take notice......
Experts call for action to combat hacking
Feb. 27 - As the FBI prepares to outline cyber threats to online companies, experts say a new wave of private security firms could help combat sophisticated hacking. Sarah Charlton reports......
U.S. Morning Call: Bernanke to the Hill; Apple investor appeal
Feb 27 - Federal Reserve Chairman Ben Bernanke returns to the Hill to make his QE case and mollify markets. Apple meets with investors......
Royal Dutch Shell calls time in the Arctic for another year
Series of mishaps in 2012 scuppers plans to drill for oil this summer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2907cfc0/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
Compared with the eurozone, the UK economy is not that bad
Jeremy Warner: Osborne talks tough on the deficit, but in reality he's just a wussy compared with the masochists of Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29070705/mf.gif' border='0'/><br/&g.....
Politicians must start an 'honest conversation' about our energy bills
Labour's Caroline Flint was not mincing her words.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29070706/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158919540038/u/3/f/5.....
Online gaming companies return to US market
Online gambling companies which beat a hasty retreat from the US seven years ago are gearing up for a potential gold rush across the Atlantic after the state of New Jersey approved a law that will legalise internet poker and casino games.<img widt.....
Tesco warns of higher prices after horse-meat scandal
Tesco has warned that the horse-meat scandal will hit profit margins and may force up prices for consumers, as Britain's biggest supermarket pledged to conduct tests on all the meat it sells.<img width='1' height='1' src='http://telegraph.feedspor.....
ITV to pay 156m special dividend
When Adam Crozier took the helm at ITV three years ago, the British broadcaster was leaking viewers and struggling to keep its head above water with more than 600m of debt.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Regulators to give capital boost to new banks
New banks will be allowed to hold less than half the level of capital of their larger established rivals, as authorities launch bold measures to foster competition among high street lenders.<img width='1' height='1' src='http://telegraph.feedsport.....
Promethean World falls ahead of float anniversary
The shares were floated at 200p almost three years ago but closed at 18p today.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29074958/mf.gif' border='0'/><br/><br/><a href="http://da.feedsport.....
Budget 2013: Calls for cash Isa limit to be doubled
Britain's biggest building society is urging the Government to use next month's Budget to double the amount that can be saved in an Isa.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29074959/mf.gif' border='0'/.....
Markets relief at Italian bond test despite chaos in Rome
Italy was forced to pay higher borrowing cost as a price for its political deadlock but its success in raising 6.5bn debt at auction managed to calm markets around the world.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
University bans payday loan companies
Payday loan companies have been banned from a university campus as there are fears students are turning to prostitution to pay off their debts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29069e8f/mf.gif' bord.....
The City's IPO revival gathers pace as Esure plans 1bn float
The revival of the City's flotation market gathered momentum on Wednesday after insurer Esure confirmed its plans for a 1bn listing on the London Stock Exchange.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/290.....
Strong profits show EADS is flying without BAE
Shares in European Aeronautic Defence and Space Company (EADS) rose to record highs on the back of a 19pc jump in net profits in 2012 - despite warnings that its A350 passenger jet programme "remains challenging".<img width='1' height='1' src='htt.....
3i chief Simon Borrows raises stake by 7.7m
Simon Borrows, the chief executive of 3i, has bought shares worth 7.7m in the quoted private equity firm over the past week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29064628/mf.gif' border='0'/><br/&.....
Blanchflower blocks Sentance in Twitter bust-up
Former Bank of England bigwigs Danny Blanchflower and Andrew Sentance have signalled the end of a beautiful relationship on Twitter.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29064629/mf.gif' border='0'/>.....
Larry Ellison buys airline for his Hawaiian island
Tech billionaire snaps up Island Air, a regional carrier in the state.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2906462a/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
ENRC unveils 'significant' write-down
ENRC has become the lastest miner to reveal a "significant" impairment charges.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2906462b/mf.gif' border='0'/><br/><br/><a href="http://da.feedsport.....
Growth to remain 'subdued', BoE's Charlie Bean warns
The Bank of England has no magic bullet to fix the economy and growth will "remain subdued by historical standards", according to deputy governor Charlie Bean.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2905a.....
John Lewis puts faith in bricks and mortar with 50m investment
John Lewis has announced plans to pour 50m into its stores this year, including a revamp of its Oxford Street flagship.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29056229/mf.gif' border='0'/><br/>&l.....
ITV's hits and misses of 2012
As ITV announces a 13 per cent profits increase for 2012, Alice Vincent looks at the shows which have contributed to the channel's financial success, and those which haven't.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
'Absolute return' sector gets watered-down new name in 'farcical' change
The absolute return sector is to be renamed to reflect the failure of its funds to achieve their goal of preserving investors' capital. One investor called the change an "absolute farce".<img width='1' height='1' src='http://telegraph.feedsportal......
'Absolute return' sector gets watered-down new name
The absolute return sector is to be renamed to reflect the failure of its funds to achieve their goal of preserving investors' capital.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29046699/mf.gif' border='0'/&.....
Government must allow ailing banks to 'die' says BBA chief
Britain's ailing banks should be allowed to "die" rather than be bailed-out by the taxpayer, the chief executive of the British Bankers' Association has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/290461.....
Britain never had a double-dip recession, says top economist Simon Ward
Forget a triple-dip recession, there hasn't even been a double-dip in the UK onshore economy, said Henderson Global Investors' chief economist Simon Ward following the latest growth figures.<img width='1' height='1' src='http://telegraph.feedsport.....
India 'does not believe' denial of alleged bribery over AgustaWestland helicopter contract
AgustaWestland's 480m contract to supply 12 helicopters to India appeared further in doubt on Wednesday after the country's Defence Minister said it did not believe denials that bribery was involved in securing the deal.<img width='1' height='1' s.....
Interest surges in new data warehouse promising greater collateral transparency.....
Price of Ashmore 2011 equity acquisition halves
Emerging markets manager will pay just half the maximum price of a 2011 acquisition after outflows and performance issues hit the business's value.....
BP 'egregious' for drilling well
BP is accused of disregarding evidence during drilling that the Macondo well was unstable, on the third day of a civil trial over the Gulf of Mexico oil spill......
Shell halts Arctic drilling for 2013
Royal Dutch Shell says that it will suspend its offshore drilling programme in the Arctic for the rest of 2013 in order to give time to ensure safety......
Apple boss laments share price fall
Apple's chief executive Tim Cook acknowledges shareholder unease over the technology giant's falling share price, but says the company is working on a pipeline of "great stuff"......
UK growth for 2012 revised upwards
The UK economy grew 0.2% in the whole of 2012, revised up from the estimate of zero growth, but it still contracted in the last three months of the year......
Colder weather boosts British Gas
Centrica says profits from British Gas' residential energy supply rose 11% to 606m last year, as colder weather meant people used more gas......
Airbus owner reports strong profits
Aerospace and defence group EADS reports a rise in profits and sales in 2012, boosted by a strong performance from its aircraft maker Airbus......
Farmers say 'sell more British meat'
Farming leaders call on supermarkets to stop scouring the world for the cheapest food and support British products......
New block on Ryanair Aer Lingus bid
The European Commission blocks a third attempt by Ryanair to take over rival Irish airline Aer Lingus, in which it already owns a 30% stake......
Surge in Italy's borrowing costs
Italy's borrowing costs rise sharply but the government sells all the bonds on offer, in the first test of its ability to borrow money long-term after the election......
Hidden theatre booking fees targeted
An advertising watchdog has vowed an ongoing crackdown against ticket sellers who hit customers with hidden booking fees......
US durable goods fall in January
Orders for US durable goods fell in January for the first time in five months as aircraft orders plunged, but excluding transport, orders rose steadily......
Scots newspaper sales still sliding
Big changes to the format of two of Scotland's biggest regional papers fail to reverse sliding sales, according to new figures......
Weir Group reports record profits
Engineering firm Weir Group reports record pre-tax profits of 443m, boosted by a good performance by its minerals division......
London Market Report
Leading UK shares regain some ground after falling heavily on Tuesday in the wake of the Italian election results......
Concerns over women's pension rights
Concerns have been highlighted to MPs about the rights of many women to a new "simpler" flat-rate state pension......
ITV profits boosted by studios arm
Broadcaster ITV reports a rise in profits, helped by a strong increase in revenues from its production arm......
English clubs 'can meet FFP rules'
A leading sports lawyer, who was on the Man Utd board for 28 years, says Premier League clubs can meet Uefa's Financial Fair Play rules in 2014......
EU ministers back fish dumping ban
EU fisheries ministers agree at an all-night session to end the controversial practice of dumping unwanted fish - but with exemptions......
Digital boss Lane Fox to get peerage
E-commerce pioneer and government adviser Martha Lane Fox is to join the House of Lords, it is announced......
Drinkers sue over 'watered-down' Bud
US beer lovers are suing Anheuser-Busch for allegedly watering down its Budweiser, Michelob and other popular American beer brands......
Pension options to be made clearer
A new code will ensure people approaching retirement have their pension options explained by their insurer, but some say it does not go far enough......
Negative rate 'should be considered'
Bank of England deputy governor Paul Tucker says the "extraordinary" move of introducing negative interest rates should be considered......
Warning about student 'money mules'
Fraud experts are warning that hundreds of thousands of people are in danger of being duped into laundering money for fraudsters......
India optimistic on economic outlook
India's finance ministry issues an optimistic forecast for economic growth ahead of the announcement of the country's budget on Thursday......
US shows signs of stronger recovery
The US economy registers surprisingly strong consumer confidence and new home sales data, suggesting the recovery is gathering steam......
Obama ups ante as budget axe hovers
President Obama ramps up pressure on lawmakers over looming spending cuts, which officials cite as they release hundreds of illegal immigrants......
JP Morgan to cut up to 19,000 jobs
US bank JP Morgan Chase increases its planned job cuts to 19,000 by the end of next year in its mortgage and community banking businesses......
Housing recovery boosts Home Depot
Home Depot's profits jump by a third as the US home improvements chain benefits from the housing market upturn and repairs after Storm Sandy......
Ashley sells Sports Direct stake
Newcastle United owner Mike Ashley sells a 4% chunk of his stake in the retailer he founded, Sports Direct, for 100m......
London offers Rio top transport tips
Rio receives London's top tips on how to run a smooth transport system for when it hosts the 2016 Olympic and Paralympic Games......
Maradona appeals for tax 'justice'
Argentine ex-football star Diego Maradona appeals to Italian authorities for "justice" after returning to the country to dispute a demand for unpaid taxes......
VIDEO: Tesco promises 'change' over horsemeat
The Chief Executive of Tesco, Philip Clarke, will tell the National Farmers' Union conference on Wednesday that he aims to source chicken and other meats closer to home.....
VIDEO: What would negative interest rates mean?
The Bank of England has considered setting a negative interest rate in a bid to boost the economy, but what would be the impact of such move?.....
VIDEO: Drinkers sue over 'watered-down' Bud
Beer drinkers in the US have filed a $5m (3.3m) lawsuit accusing Anheuser-Busch of watering down its beer......
VIDEO: 'Electricity error' may close pub
A Kent landlady has said she may be forced to close her pub after a mistake by her electricity supplier left her facing a 17,000 bill......
AUDIO: 'We've learned to live with petrol rises'
Neil Atkinson, head of energy research at the consultancy Datamonitor, told today presenter Simon Jack explained that people in the UK have come to accept high prices of fuel......
AUDIO: Centrica boss defends profits rise
The energy group, Centrica, has announced an increase in profits in the residential arm of British Gas. They rose 11% last year to 606m. In November British Gas increased customer bills by 6%. The chief executive of Centrica, Sam Laidlaw, said it was.....
AUDIO: Local TV 'engages with communities'
Debra Davis, chief executive of City TV in Birmingham, says local TV is an "opportunity to engage with communities, which is really important"......
VIDEO: How do you train a celebrity nanny?
Some of the most traditional nannies in the land, the uniformed Norland nannies, are updating their CVs with modern techniques for celebrity clients.....
Nepal farmers brew coffee success
Nepal's farmers turn to coffee cultivation.....
Who pays for the greening of Germany?
Consumers pay for Germany's green revolution.....
The myth of working from home
After years of predictions, why is working from home not the norm?.....
Making OATs (Old Age Technologies)
The Old Age Technologies to help us work longer.....
Can politicians save Britain's pubs?
Are politicians doing enough to save Britain's pubs?.....
U.S. Day Ahead: Oh, and about that recession?... Never mind!
Feb. 27 - Concerns of a new U.S. recession should be dispelled with the release of revised GDP data in the morning......
Vilsack-Sequester to hurt meat market as USDA budget shrinks
about the potential impact of sequestration on the meat and poultry industry......
Techquity: Apple CEO feels shareholder pain; Groupon lifted
Feb 27 - Apple CEO Tim Cook acknowledged that his shareholders were disappointed with a five-month slide of more than 30 percent; Analysts turn positive on Groupon, but the company faces longer-term challenges......
Saft says: Yep - Dimon is rich, but at what price?
Columnist James Saft says we all know JPM CEO Jamie Dimon is richer than most of us because he's running banks with high leverage under comparatively loose regulatory regimes......
Daily Digit: Target makes $961 million
Feb. 27 - Targets profit slips to $961 million in the key winter holiday quarter as it loses the discount battle to Wal-Mart. Conway G. Gittens reports......
Trading at Noon: Apple's annual pow-wow in focus
Feb 27 - Investors gear up for Apple's annual meeting in Cupertino, California......
The sequester in 60 seconds
Prepare for sequestration, those deep, across-the-board federal budget cuts scheduled to start March 1. Here is a rapid-fire look at where the cuts will fall and how they might affect you. (February 27, 2013).....
Breakingviews: Whale of a bank
Feb 27 - One of the themes of JPMorgans investor day was a defense of being big. Richard Beales and Antony Currie discuss CEO Jamie Dimons argument that the different parts of the bank work well together......
Talking on the phone is so last decade - Ericsson
Feb. 27 - Forget talking on the phone, data is the future for all telecom operators and gear makers says Ericsson CEO Hans Vestberg.....
Samsung? They dont scare us
Feb. 27 - Samsungs dominance in mobile phones is no barrier to entry for new firms, says Huawei marketing chief Shiao Yang as the Chinese firms sets out to grab a bigger share of consumer markets......
Europe Day Ahead: All roads lead to Rome
Feb. 27 - Rome looks set to hog the headlines again as the Popes official day of departure upstages wrangling over a new government for Italy......
Euro Zone Summit: Barroso urges leaders to stick to goals
Feb. 27 - European Commission President Jose Manuel Barroso says Italy's election result is not a rejection of austerity. He says the danger for the euro zone remains complacency......
FACTBOX: How states will be hit by U.S. budget cuts
Feb 27 - Find out the three biggest losers when $85 billion worth of budget cuts come into effect from March 1st......
Daily Digit: EADS shares soar on higher profit
Feb.27 - Airbus parent EADS predicts higher profit after stronger than expected 2012 earnings and a clampdown on costs but the development of its A350 jet remains a challenge, says CFO Harald Wilhelm. Hayley Platt reports.....
Daily Digit: EADS shares soar on higher profit
Feb. 27 - Airbus parent EADS predicts higher profit after stronger than expected 2012 earnings and a clampdown on costs but the development of its A350 jet remains a challenge, says CFO Harald Wilhelm, Hayley Platt reports......
Manned mission to Mars? Hedgehogs may go first
Feb. 27 - American entrepreneur Dennis Tito says he wants to launch a manned mission to Mars in January 2018, but researchers at NASA and Stanford University argue that it may be better to visit the mysterious Martian moon, Phobos first. They're deve.....
Dont be sucked in the euro zone will break up
Feb. 27 - Despite the respite offered by the ECBs bond-buying pledge and Angela Merkels shift, the euro zone is structurally flawed and is still headed for collapse. So says Capital Economics Roger Bootle......
Euro Zone Summit: Bond buying plan there to be used - C
Feb. 27 - The ECB's bond-purchase programme is "not a nuclear deterrent" and is available for use says Executive Board Member Beno......
Euro Zone Summit: Spain no nearer bailout - Finmin
Feb. 27 - Spain is no closer to seeking bond-buying help from the ECB despite the Italian election vote, according to the countrys economy minister Luis de Guindos......
Reuters Breakingviews: BOEs futile policy options
Breakingviews......
Hong Kong Exchanges seeks new windows to the world
Feb. 27 - A fresh business model for Hong Kong Exchanges including its recent $2.2 billion purchase of the London Metals Exchange may just resurrect the companys waning fortunes. Tara Joseph reports......
Reuters Today: Big Ben Calms Nerves
Feb. 27 - European shares rise after Ben Bernanke strongly defends the Fed's monetary stimulus, easing financial market worries over an early QE exit......
Investors bet on restraint in India budget
Feb. 27 - India is expected to tighten its belt this week with an austere budget, trying to avoid a sovereign ratings downgrade. Here are three reasons for foreign investors to sit up and take notice......
Experts call for action to combat hacking
Feb. 27 - As the FBI prepares to outline cyber threats to online companies, experts say a new wave of private security firms could help combat sophisticated hacking. Sarah Charlton reports......
U.S. Morning Call: Bernanke to the Hill; Apple investor appeal
Feb 27 - Federal Reserve Chairman Ben Bernanke returns to the Hill to make his QE case and mollify markets. Apple meets with investors......
Royal Dutch Shell calls time in the Arctic for another year
Series of mishaps in 2012 scuppers plans to drill for oil this summer.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2907cfc0/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
Compared with the eurozone, the UK economy is not that bad
Jeremy Warner: Osborne talks tough on the deficit, but in reality he's just a wussy compared with the masochists of Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29070705/mf.gif' border='0'/><br/&g.....
Politicians must start an 'honest conversation' about our energy bills
Labour's Caroline Flint was not mincing her words.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29070706/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158919540038/u/3/f/5.....
Online gaming companies return to US market
Online gambling companies which beat a hasty retreat from the US seven years ago are gearing up for a potential gold rush across the Atlantic after the state of New Jersey approved a law that will legalise internet poker and casino games.<img widt.....
Tesco warns of higher prices after horse-meat scandal
Tesco has warned that the horse-meat scandal will hit profit margins and may force up prices for consumers, as Britain's biggest supermarket pledged to conduct tests on all the meat it sells.<img width='1' height='1' src='http://telegraph.feedspor.....
ITV to pay 156m special dividend
When Adam Crozier took the helm at ITV three years ago, the British broadcaster was leaking viewers and struggling to keep its head above water with more than 600m of debt.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Regulators to give capital boost to new banks
New banks will be allowed to hold less than half the level of capital of their larger established rivals, as authorities launch bold measures to foster competition among high street lenders.<img width='1' height='1' src='http://telegraph.feedsport.....
Promethean World falls ahead of float anniversary
The shares were floated at 200p almost three years ago but closed at 18p today.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29074958/mf.gif' border='0'/><br/><br/><a href="http://da.feedsport.....
Budget 2013: Calls for cash Isa limit to be doubled
Britain's biggest building society is urging the Government to use next month's Budget to double the amount that can be saved in an Isa.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29074959/mf.gif' border='0'/.....
Markets relief at Italian bond test despite chaos in Rome
Italy was forced to pay higher borrowing cost as a price for its political deadlock but its success in raising 6.5bn debt at auction managed to calm markets around the world.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
University bans payday loan companies
Payday loan companies have been banned from a university campus as there are fears students are turning to prostitution to pay off their debts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29069e8f/mf.gif' bord.....
The City's IPO revival gathers pace as Esure plans 1bn float
The revival of the City's flotation market gathered momentum on Wednesday after insurer Esure confirmed its plans for a 1bn listing on the London Stock Exchange.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/290.....
Strong profits show EADS is flying without BAE
Shares in European Aeronautic Defence and Space Company (EADS) rose to record highs on the back of a 19pc jump in net profits in 2012 - despite warnings that its A350 passenger jet programme "remains challenging".<img width='1' height='1' src='htt.....
3i chief Simon Borrows raises stake by 7.7m
Simon Borrows, the chief executive of 3i, has bought shares worth 7.7m in the quoted private equity firm over the past week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29064628/mf.gif' border='0'/><br/&.....
Blanchflower blocks Sentance in Twitter bust-up
Former Bank of England bigwigs Danny Blanchflower and Andrew Sentance have signalled the end of a beautiful relationship on Twitter.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29064629/mf.gif' border='0'/>.....
Larry Ellison buys airline for his Hawaiian island
Tech billionaire snaps up Island Air, a regional carrier in the state.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2906462a/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/.....
ENRC unveils 'significant' write-down
ENRC has become the lastest miner to reveal a "significant" impairment charges.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2906462b/mf.gif' border='0'/><br/><br/><a href="http://da.feedsport.....
Growth to remain 'subdued', BoE's Charlie Bean warns
The Bank of England has no magic bullet to fix the economy and growth will "remain subdued by historical standards", according to deputy governor Charlie Bean.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2905a.....
John Lewis puts faith in bricks and mortar with 50m investment
John Lewis has announced plans to pour 50m into its stores this year, including a revamp of its Oxford Street flagship.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29056229/mf.gif' border='0'/><br/>&l.....
ITV's hits and misses of 2012
As ITV announces a 13 per cent profits increase for 2012, Alice Vincent looks at the shows which have contributed to the channel's financial success, and those which haven't.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
'Absolute return' sector gets watered-down new name in 'farcical' change
The absolute return sector is to be renamed to reflect the failure of its funds to achieve their goal of preserving investors' capital. One investor called the change an "absolute farce".<img width='1' height='1' src='http://telegraph.feedsportal......
'Absolute return' sector gets watered-down new name
The absolute return sector is to be renamed to reflect the failure of its funds to achieve their goal of preserving investors' capital.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29046699/mf.gif' border='0'/&.....
Government must allow ailing banks to 'die' says BBA chief
Britain's ailing banks should be allowed to "die" rather than be bailed-out by the taxpayer, the chief executive of the British Bankers' Association has said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/290461.....
Britain never had a double-dip recession, says top economist Simon Ward
Forget a triple-dip recession, there hasn't even been a double-dip in the UK onshore economy, said Henderson Global Investors' chief economist Simon Ward following the latest growth figures.<img width='1' height='1' src='http://telegraph.feedsport.....
India 'does not believe' denial of alleged bribery over AgustaWestland helicopter contract
AgustaWestland's 480m contract to supply 12 helicopters to India appeared further in doubt on Wednesday after the country's Defence Minister said it did not believe denials that bribery was involved in securing the deal.<img width='1' height='1' s.....
Tuesday 26 February 2013
UK Financial News on 2013-02-26
Regulators and issuers gear up for European RMBS register
Interest surges in new data warehouse promising greater collateral transparency.....
Price of Ashmore 2011 equity acquisition halves
Emerging markets manager will pay just half the maximum price of a 2011 acquisition after outflows and performance issues hit the business's value.....
Barclays lodges defence against potential 196m UniCredit suit
British bank makes ‘pre-emptive strike' for UK hearing.....
Jotwani joins ex-Nomura colleagues in new venture
Ex-head of global markets who left after a restructuring last year has teamed up with two former colleagues.....
Tobin tax lawmaker softens stance for some instruments
A key policymaker responsible for the planned European tax on financial transactions will consider pushing for exemptions that would favour pension funds.....
The skys the limit for Vinci
Brazilian asset manager teams up with Paul Tudor Jones' firm to make its first overseas investment.....
GSAM remains confident despite UK revolving door
Head of London-based global portfolio solutions group's departure is the latest personnel change at the fund manager.....
BoE mulls bonus lock-in for bankers
Central bank considers move to lock in awards to banking executives until they leave.....
Getco racks up $25m loss on client business
High-frequency trading firm's client execution arm is yet to turn a profit.....
Investors lower expectations of hedge funds
Proportion of investors expecting returns of between 5% and 10% has risen to nearly two thirds, while double-digit return hopes have plunged.....
Fears grow of post-crisis reform economic impact
Concern is mounting over the economic impact of the post-crisis reform agenda, which threatens to further marginalise Europe's beleaguered small and medium company community.....
Negative rate 'should be considered'
Bank of England deputy governor Paul Tucker says the "extraordinary" move of introducing negative interest rates should be considered......
Markets hurt by Italian deadlock
European markets are trading lower, as the inconclusive election result in Italy leads to fears of renewed uncertainty in the eurozone......
US shows signs of stronger recovery
The US economy registers surprisingly strong consumer confidence and new home sales data, suggesting the recovery is gathering steam......
Housing recovery boosts Home Depot
Home Depot's profits jump by a third as the US home improvements chain benefits from the housing market upturn and repairs after Storm Sandy......
Warning about student 'money mules'
Fraud experts are warning that hundreds of thousands of people are in danger of being duped into laundering money for fraudsters......
Ashley sells Sports Direct stake
Newcastle United owner Mike Ashley sells a 4% chunk of his stake in the retailer he founded, Sports Direct, for 100m......
Pension options to be made clearer
A new code will ensure people approaching retirement have their pension options explained by their insurer, but some say it does not go far enough......
JP Morgan to cut up to 19,000 jobs
US bank JP Morgan Chase increases its planned job cuts to 19,000 by the end of next year in its mortgage and community banking businesses......
Lending schemes 'boosting mortgages'
The UK mortgage market has been boosted by government schemes to help first-time buyers, according to homebuilder Redrow......
Lew approved by Senate committee
Jack Lew is poised to become the next US Treasury Secretary after gaining approval from the Senate's influential finance committee......
More men working beyond pension age
More men than women have been found to be working beyond state pension age in the UK for the first time since comparable records began in 2005, official figures show......
London Market Report
London Market Report.....
Apple offers kid apps fee settlement
Apple is to offer US parents compensation for purchases in app games made by their children without permission......
Rail fiasco 'to cost at least 50m'
A "complete lack of common sense" in the government's handling of the West Coast Main Line rail bids will cost taxpayers at least 50m, MPs say......
HP sells Palm WebOS assets to LG
Electronics giant HP is selling off the code, staff and technology involved in its WebOS software to Korean firm LG......
NY Times brand to go international
The International Herald Tribune is to be renamed the International New York Times, as it adopts its parent newspaper's brand......
SFR problems hit Vivendi profits
Vivendi profits fall as its SFR mobile unit struggles, but it still beats forecasts helped by its Activision Blizzard video games business......
BP 'prioritised profits over safety'
On the first day of a trial in New Orleans to determine who should pay for the 2010 Deepwater Horizon oil spill, BP is accused of having put profits before safety......
Mortgage market 'hit by cold snap'
Poor weather in January curtailed mortgage approvals while borrowers continued to play safe on loans and overdrafts, the major banks say......
Pound steadies after UK AAA cut
The pound steadies in Monday trading in the wake of Moody's decision on Friday to deprive the UK of its top-notch AAA credit rating......
Obama urges budget cuts 'compromise'
President Barack Obama urges US governors to lobby their congressional delegation to pass legislation averting deep budget cuts set to hit on Friday......
Japan markets get central bank boost
Japanese shares rise and the yen weakens on reports that Haruhiko Kuroda is likely to be nominated as the next Bank of Japan governor......
Barnes & Noble founder moots buy-out
Leonard Riggio, founder of the Barnes & Noble bookstore chain, offers to buy back its retail operations, but not the Nook e-reader......
Tesco transfers 2,000 depot jobs
Supermarket Tesco announces it is to close four distribution depots and will transfer 2,000 jobs to two new centres......
Maradona appeals for tax 'justice'
Argentine ex-football star Diego Maradona appeals to Italian authorities for "justice" after returning to the country to dispute a demand for unpaid taxes......
BT agrees to buy ESPN channels
BT agrees to buy ESPN's UK and Ireland TV channels and its live rights to show FA Cup, Scottish Premier League and Uefa Europa League matches......
Arsenal profit slips to 17.8m
Premier League football club Arsenal saw profits fall sharply to 17.8m despite selling Robin van Persie for 24m......
AUDIO: Football TV rights 'drive customer base'
Professor Chris Brady, dean of the of BPP Business School, explains the allure of television rights for football......
VIDEO: 'Digital is saving, not killing music'
Edgar Berger, President & CEO, International, Sony Music Entertainment, says contrary to predictions, the digital revolution has saved, not killed off, music......
VIDEO: Homebuilders see profits rise
Homebuilders in the UK have reported strong profits, suggesting the housing market is starting to recover......
AUDIO: Liverpool to showcase UK's 'best business'
Business leaders are launching a so called "international festival of business for Liverpool" in 2014, a government backed showcase for the UK, which is intended to attract inward investors......
VIDEO: Entrepreneurs on a trip around the world
A group of entrepreneurs have taken to the seas to scale their businesses and raise financing from investors around the world......
VIDEO: Petrol price rises hit rural drivers
Rising petrol prices are hitting rural drivers, with fuel costing up to 2p a litre more in the countryside than in towns and cities......
VIDEO: Warning over 'money mule' scams
Hundreds of thousands of people are in danger of being duped into laundering money for fraudsters, according to fraud experts......
VIDEO: CCTV trial keeps an eye on fishermen
Spy-in-the-wheelhouse CCTV cameras trialled in the UK are said to have cut cod discards from 38% to just 0.2%......
Making OATs (Old Age Technologies)
The Old Age Technologies to help us work longer.....
How currency movements affect you?
Credit ratings, the pound, currency movements and you.....
Energy revolution promises to transform East Africa
The energy revolution transforming a continent.....
Brazilian family firms reveal tips for success
Brazilian family firms explain what you need to be successful.....
U.S. Day Ahead: Apple should focus on emerging markets
Feb 26 - As Apple get's ready to face disappointed investors at its shareholder meeting, one analyst says talk of preferred stocks is a sideshow and that the tech giant should focus on emerging markets......
Techquity: Microsoft's browser split, Apple's settlement
Feb. 26 - Microsoft tries to hold desktop browser lead while its mobile browser barely registers, plus Apple settles iTunes lawsuit......
Euro Zone Summit: Almunia denies pressuring banks
Feb. 26 - EU Competition Commissioner Joaquin Almunia says hes pushing for a quick resolution to the rate-rigging investigation, but is not putting pressure on the banks to settle......
Italy election wake-up call for euro zone
Feb.26 - Italy's stunned political parties are looking for a way forward after an election gave none of them a parliamentary majority and raised the prospect of prolonged instability and European financial crisis. Ciara Sutton reports.....
Daily Digit: $20 billion bonus pool
Feb. 26 - Wall Street bonus pool expected to total $20 billion, says New York state's Comptroller Thomas DiNapoli. Bobbi Rebell reports......
Breakingviews: Tax-break titans
Feb 26 - Antony Currie and Breakingviews columnists discuss how MLPs are starting to rival private equity barons at dodging paying their fair share to Uncle Sam......
Trading at Noon: Wall St. bonuses to rise in 2013
Feb 26 - Cash bonuses paid to Wall St. employees are forecast to rise by 8 pct in 2013......
Europe Day Ahead: Ungovernable Italy
Feb. 26 - Italys political gridlock stays centre stage and analysts say dont bet on any quick deal, but a raft of euro zone data may offer grounds for hope......
ECONOMY: U.S. housing looks shaky in the long run - Shiller
Feb. 25 - Expect home prices to grow by up to 5% in 2013, but long term gains could fade thanks to U.S. and European fiscal concerns, according to S&P/Case Shiller Index's Robert Shiller......
Euro Zone Summit: Italy raises growth issues - Moscovici
Feb. 26 - The Italian election result shows it is time for more than just austerity, says French finance minister Pierre Moscovici. Its now time to strengthen growth in Europe......
Daily Digit: BASF earnings miss forecast
Feb. 26 - BASF, the world's largest chemicals company by sales, misses analyst expectations for its quarterly profit due to lower chemicals margins. Ciara Sutton reports......
Italy throws markets into disarray
Feb. 26 - Italy's inconclusive election result sparked a sell-off on world equity markets and sent safe-haven German bonds sharply lower as investors feared a resurgence of the euro debt crisis. Sonia Legg reports......
Danish device kills air pollution at its source
Feb. 26. - Scientists in Denmark have built a device designed to clean polluted air by accelerating natural atmospheric processes, helping to get rid of chemicals and smells. Jim Drury reports......
Euro Zone Summit: Mistake to think crisis over - Verhofstadt
Feb. 26 - Its an enormous mistake to think the euro zone crisis is over and no more reforms are needed but perhaps the Italian election will be a wakeup call says former Belgian Prime Minister Guy Verhofstadt.....
Reuters Breakingviews: Italy needs reform, not meddling
Breakingviews, but it would do better without crude meddling from its euro zone partners and the ECB......
Witness: The growing pains reshaping Singapore
' Asia TV editor Julian Rake shows us the changing face of Singapore, where plans to boost the foreign population have sparked unease and challenged the city-state's ultra-stable image......
The brilliant phone idea Samsung & Apple didn't dream up
The smartphone market may be massive, but most handsets basically look identical. That's because the big boys are scared of taking risks, says the man behind Russia's innovative YotaPhone......
ECONOMY 2013: Dont bet on China pickup BASF CEO
after the company posted an 18 percent jump in profits......
Reuters Today: King of Comedy: Grillo Stuns Italy
Feb. 26 - Italy faces political deadlock after a stunning election sees comic Beppe Grillo's party become the strongest in the country......
Italian parliament elections in stalemate
Feb. 26 - Results from Italian parliamentary elections result in gridlock sending shivers through the Asian financial markets. Julie Noce reports......
U.S. Morning Call: Fed's Bernanke to set tone in testimony
Feb 26 - Markets and investors will take their cues from U.S. Federal Reserve Chairman Ben Bernanke when he testifies before the Senate Banking Committee on QE, the economy, and sequestration.....
Market Pulse: Calma! Its not the end of the world ..... yet
Feb. 26 - Heavy correction, or resumption of the crisis? Italys political paralysis rocks markets, with yields and spreads soaring. And a clear message from the worlds core bond markets on growth v inflation......
Most wanted on the massive budget cut list
Feb. 25 - Sequestration is just days away and the list of who gets hit earlier and hardest may be surprising. Hoda Emam reports......
S&P worst day since November
Feb. 25 - Summary of business headlines: U.S. stocks turn lower on Italy election fears; Goldman job cuts- sources; Barnes and Noble chairman wants his stores back; Lowe's stock falls on margin concerns. Bobbi Rebell reports......
U.S. Day Ahead: Ben Bernanke, Martha Stewart on the menu
Feb. 25 - Federal Reserve Chairman Ben Bernanke prepares for a 2-day testimony and Martha Stewart makes an appearance in court to defend her company against a lawsuit from Macy's......
Anheuser-Busch accused of watering down Budweiser
Beer lovers across the US have filed $5m class-action lawsuits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fda0a0/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1589196.....
Debt crisis: Italian election impasse reignites euro fears - as it happened
Europeans shares fall ease as Wall Street opens higher but fears remain that political uncertainty in Italy will reignite the eurozone's debt crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fd9a1d/mf.gif.....
Victoria Oil & Gas faces challenge from octogenarian oil tycoon Jack Grynberg
Aim listed explorer Victoria Oil & Gas (VOG) is embroiled in a dispute with a litigious octogenarian US oil tycoon, it emerged on Tuesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fd93f3/mf.gif' borde.....
Prepare for a new ride on eurozone's rollercoaster as Italy tires of austerity
The Italian election has produced a predictably shambolic outcome, threatening a decisive new phase in the eurozone debt crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fcf464/mf.gif' border='0'/><.....
Debt crisis: Italian election impasse reignites euro fears - live
Europeans shares fall ease as Wall Street opens higher but fears remain that political uncertainty in Italy will reignite the eurozone's debt crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f5bd13/mf.gif.....
My 10-point plan to reboot Britain
This is George Osborne's last opportunity. Unless he takes drastic action at next month's Budget, with shock and awe policies to jolt the private sector back into action, he stands no chance of rebooting Britain's crippled, downgraded economy.<img.....
Shell buys Repsol LNG assets in 4.4bn deal
Royal Dutch Shell has bought a portfolio of liquefied natural gas (LNG) assets from Spanish energy giant Repsol in a $6.7bn (4.4bn) deal.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fceff1/mf.gif' border='0'.....
Gulf of Mexico disaster caused by 'classic failure' of leadership at BP
America's worst offshore oil spill was caused by a "classic failure" of leadership at BP, a court has been told, as prosecutors turned their fire on the UK company's board.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
ECB bond plan in jeopardy as Italy's voters reject conditions
Italy's electoral earthquake is "a catastrophe for the euro and the European Union", according to Luxembourg's foreign minister, Jean Asselborn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fcee39/mf.gif' bor.....
St Modwen falls on Covent Garden placing
The property developer raised about 49m from the market.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc89b1/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158919508577/u.....
US unemployment merits third round of money printing, says Ben Bernanke
The US needs more quantitative easing, despite the improving economic outlook, because unemployment remains too high, America's central bank boss said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fce980/mf.g.....
US unemployment merits third round of money printing, says Bernanke
The US needs more quantitative easing, despite the improving economic outlook, because unemployment remains too high, America's central bank boss said, as he warned that looming budget cuts could derail the recovery.<img width='1' height='1' src='.....
Markets lurch amid deadlock in Italian elections
Global markets lurched as the Italian election deadlock threw Rome into chaos and presented the most serious challenge yet to Brussels' drive for austerity.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1c65.....
Imperial Tobacco to cut 300m costs a year
Imperial Tobacco, owner of the Davidoff and Gauloises Blondes brands, has set out plans to grow dividends by at least 10pc a year for the "medium term".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1c77/mf......
GKN upbeat as civil aerospace and foreign markets drive growth
GKN, the car and aircraft parts maker, is expecting a strong 2013 driven by civil aerospace and international growth markets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1c80/mf.gif' border='0'/><br/.....
Fresh blow for Boeing as All Nippon Airways cancels more Dreamliner flights
Boeing's bid to bring to an end the problems plaguing its 787 Dreamliner aircraft received a fresh setback after Japan's All Nippon Airways said it was grounding its fleet until at least the end of May.<img width='1' height='1' src='http://telegra.....
Top 40 hedge fund managers earn $16.7bn
THEY are just 40 financiers but if they founded a nation with their 2012 pay packets, it would have an economy roughly three times the size of Monaco's.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1a8d/mf......
Apple in $100m bill after children spend too much on apps
Apple is facing a $100m bill to compensate millions of parents whose offspring inadvertently used iPhones and iPads to rack up large bills of their own.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1a8e/mf......
Retail sales growth slows in February, CBI says
British retail sales grew at the slowest pace since September in February, underlining the pressures still facing retailers and consumers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1a8f/mf.gif' border='0.....
Top 40 hedge fund managers earn total of $16.7bn
The top 40 hedge fund managers in the world personally earned a total of $16.7bn (11bn) last year, according to a Forbes list that underscores the extraordinary power of the industry.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Tesco to pay 6.5m fine in dairy price fixing settlement
Tesco is to pay a 6.5m fine for its part in a dairy price fixing scandal, after losing a decade-long court battle.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc0e2a/mf.gif' border='0'/><br/><br/.....
Mining tycoon unveils plan to build Titanic 2 - with extra lifeboats
'No mingling' between classes on Clive Palmer's replica ship.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fb6e0d/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158919665.....
1.4m complain to Lloyds about PPI in one year
PPI complaints have surged across the industry and some analysts predict the eventual total compensation bill could reach 25 billion.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fb6e14/mf.gif' border='0'/>.....
Bernanke defends ramped-up QE at Fed
The chairman of the Federal Reserve strongly defended the US central bank's bond-buying stimulus, contending its benefits clearly exceed possible costs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fb0d65/mf......
Pru cuts endowment maturity values
Prudential has announced healthy returns for its with-profits funds - but maturing endowment policies will still pay less than last year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fb03c9/mf.gif' border='0'.....
Interest surges in new data warehouse promising greater collateral transparency.....
Price of Ashmore 2011 equity acquisition halves
Emerging markets manager will pay just half the maximum price of a 2011 acquisition after outflows and performance issues hit the business's value.....
Barclays lodges defence against potential 196m UniCredit suit
British bank makes ‘pre-emptive strike' for UK hearing.....
Jotwani joins ex-Nomura colleagues in new venture
Ex-head of global markets who left after a restructuring last year has teamed up with two former colleagues.....
Tobin tax lawmaker softens stance for some instruments
A key policymaker responsible for the planned European tax on financial transactions will consider pushing for exemptions that would favour pension funds.....
The skys the limit for Vinci
Brazilian asset manager teams up with Paul Tudor Jones' firm to make its first overseas investment.....
GSAM remains confident despite UK revolving door
Head of London-based global portfolio solutions group's departure is the latest personnel change at the fund manager.....
BoE mulls bonus lock-in for bankers
Central bank considers move to lock in awards to banking executives until they leave.....
Getco racks up $25m loss on client business
High-frequency trading firm's client execution arm is yet to turn a profit.....
Investors lower expectations of hedge funds
Proportion of investors expecting returns of between 5% and 10% has risen to nearly two thirds, while double-digit return hopes have plunged.....
Fears grow of post-crisis reform economic impact
Concern is mounting over the economic impact of the post-crisis reform agenda, which threatens to further marginalise Europe's beleaguered small and medium company community.....
Negative rate 'should be considered'
Bank of England deputy governor Paul Tucker says the "extraordinary" move of introducing negative interest rates should be considered......
Markets hurt by Italian deadlock
European markets are trading lower, as the inconclusive election result in Italy leads to fears of renewed uncertainty in the eurozone......
US shows signs of stronger recovery
The US economy registers surprisingly strong consumer confidence and new home sales data, suggesting the recovery is gathering steam......
Housing recovery boosts Home Depot
Home Depot's profits jump by a third as the US home improvements chain benefits from the housing market upturn and repairs after Storm Sandy......
Warning about student 'money mules'
Fraud experts are warning that hundreds of thousands of people are in danger of being duped into laundering money for fraudsters......
Ashley sells Sports Direct stake
Newcastle United owner Mike Ashley sells a 4% chunk of his stake in the retailer he founded, Sports Direct, for 100m......
Pension options to be made clearer
A new code will ensure people approaching retirement have their pension options explained by their insurer, but some say it does not go far enough......
JP Morgan to cut up to 19,000 jobs
US bank JP Morgan Chase increases its planned job cuts to 19,000 by the end of next year in its mortgage and community banking businesses......
Lending schemes 'boosting mortgages'
The UK mortgage market has been boosted by government schemes to help first-time buyers, according to homebuilder Redrow......
Lew approved by Senate committee
Jack Lew is poised to become the next US Treasury Secretary after gaining approval from the Senate's influential finance committee......
More men working beyond pension age
More men than women have been found to be working beyond state pension age in the UK for the first time since comparable records began in 2005, official figures show......
London Market Report
London Market Report.....
Apple offers kid apps fee settlement
Apple is to offer US parents compensation for purchases in app games made by their children without permission......
Rail fiasco 'to cost at least 50m'
A "complete lack of common sense" in the government's handling of the West Coast Main Line rail bids will cost taxpayers at least 50m, MPs say......
HP sells Palm WebOS assets to LG
Electronics giant HP is selling off the code, staff and technology involved in its WebOS software to Korean firm LG......
NY Times brand to go international
The International Herald Tribune is to be renamed the International New York Times, as it adopts its parent newspaper's brand......
SFR problems hit Vivendi profits
Vivendi profits fall as its SFR mobile unit struggles, but it still beats forecasts helped by its Activision Blizzard video games business......
BP 'prioritised profits over safety'
On the first day of a trial in New Orleans to determine who should pay for the 2010 Deepwater Horizon oil spill, BP is accused of having put profits before safety......
Mortgage market 'hit by cold snap'
Poor weather in January curtailed mortgage approvals while borrowers continued to play safe on loans and overdrafts, the major banks say......
Pound steadies after UK AAA cut
The pound steadies in Monday trading in the wake of Moody's decision on Friday to deprive the UK of its top-notch AAA credit rating......
Obama urges budget cuts 'compromise'
President Barack Obama urges US governors to lobby their congressional delegation to pass legislation averting deep budget cuts set to hit on Friday......
Japan markets get central bank boost
Japanese shares rise and the yen weakens on reports that Haruhiko Kuroda is likely to be nominated as the next Bank of Japan governor......
Barnes & Noble founder moots buy-out
Leonard Riggio, founder of the Barnes & Noble bookstore chain, offers to buy back its retail operations, but not the Nook e-reader......
Tesco transfers 2,000 depot jobs
Supermarket Tesco announces it is to close four distribution depots and will transfer 2,000 jobs to two new centres......
Maradona appeals for tax 'justice'
Argentine ex-football star Diego Maradona appeals to Italian authorities for "justice" after returning to the country to dispute a demand for unpaid taxes......
BT agrees to buy ESPN channels
BT agrees to buy ESPN's UK and Ireland TV channels and its live rights to show FA Cup, Scottish Premier League and Uefa Europa League matches......
Arsenal profit slips to 17.8m
Premier League football club Arsenal saw profits fall sharply to 17.8m despite selling Robin van Persie for 24m......
AUDIO: Football TV rights 'drive customer base'
Professor Chris Brady, dean of the of BPP Business School, explains the allure of television rights for football......
VIDEO: 'Digital is saving, not killing music'
Edgar Berger, President & CEO, International, Sony Music Entertainment, says contrary to predictions, the digital revolution has saved, not killed off, music......
VIDEO: Homebuilders see profits rise
Homebuilders in the UK have reported strong profits, suggesting the housing market is starting to recover......
AUDIO: Liverpool to showcase UK's 'best business'
Business leaders are launching a so called "international festival of business for Liverpool" in 2014, a government backed showcase for the UK, which is intended to attract inward investors......
VIDEO: Entrepreneurs on a trip around the world
A group of entrepreneurs have taken to the seas to scale their businesses and raise financing from investors around the world......
VIDEO: Petrol price rises hit rural drivers
Rising petrol prices are hitting rural drivers, with fuel costing up to 2p a litre more in the countryside than in towns and cities......
VIDEO: Warning over 'money mule' scams
Hundreds of thousands of people are in danger of being duped into laundering money for fraudsters, according to fraud experts......
VIDEO: CCTV trial keeps an eye on fishermen
Spy-in-the-wheelhouse CCTV cameras trialled in the UK are said to have cut cod discards from 38% to just 0.2%......
Making OATs (Old Age Technologies)
The Old Age Technologies to help us work longer.....
How currency movements affect you?
Credit ratings, the pound, currency movements and you.....
Energy revolution promises to transform East Africa
The energy revolution transforming a continent.....
Brazilian family firms reveal tips for success
Brazilian family firms explain what you need to be successful.....
U.S. Day Ahead: Apple should focus on emerging markets
Feb 26 - As Apple get's ready to face disappointed investors at its shareholder meeting, one analyst says talk of preferred stocks is a sideshow and that the tech giant should focus on emerging markets......
Techquity: Microsoft's browser split, Apple's settlement
Feb. 26 - Microsoft tries to hold desktop browser lead while its mobile browser barely registers, plus Apple settles iTunes lawsuit......
Euro Zone Summit: Almunia denies pressuring banks
Feb. 26 - EU Competition Commissioner Joaquin Almunia says hes pushing for a quick resolution to the rate-rigging investigation, but is not putting pressure on the banks to settle......
Italy election wake-up call for euro zone
Feb.26 - Italy's stunned political parties are looking for a way forward after an election gave none of them a parliamentary majority and raised the prospect of prolonged instability and European financial crisis. Ciara Sutton reports.....
Daily Digit: $20 billion bonus pool
Feb. 26 - Wall Street bonus pool expected to total $20 billion, says New York state's Comptroller Thomas DiNapoli. Bobbi Rebell reports......
Breakingviews: Tax-break titans
Feb 26 - Antony Currie and Breakingviews columnists discuss how MLPs are starting to rival private equity barons at dodging paying their fair share to Uncle Sam......
Trading at Noon: Wall St. bonuses to rise in 2013
Feb 26 - Cash bonuses paid to Wall St. employees are forecast to rise by 8 pct in 2013......
Europe Day Ahead: Ungovernable Italy
Feb. 26 - Italys political gridlock stays centre stage and analysts say dont bet on any quick deal, but a raft of euro zone data may offer grounds for hope......
ECONOMY: U.S. housing looks shaky in the long run - Shiller
Feb. 25 - Expect home prices to grow by up to 5% in 2013, but long term gains could fade thanks to U.S. and European fiscal concerns, according to S&P/Case Shiller Index's Robert Shiller......
Euro Zone Summit: Italy raises growth issues - Moscovici
Feb. 26 - The Italian election result shows it is time for more than just austerity, says French finance minister Pierre Moscovici. Its now time to strengthen growth in Europe......
Daily Digit: BASF earnings miss forecast
Feb. 26 - BASF, the world's largest chemicals company by sales, misses analyst expectations for its quarterly profit due to lower chemicals margins. Ciara Sutton reports......
Italy throws markets into disarray
Feb. 26 - Italy's inconclusive election result sparked a sell-off on world equity markets and sent safe-haven German bonds sharply lower as investors feared a resurgence of the euro debt crisis. Sonia Legg reports......
Danish device kills air pollution at its source
Feb. 26. - Scientists in Denmark have built a device designed to clean polluted air by accelerating natural atmospheric processes, helping to get rid of chemicals and smells. Jim Drury reports......
Euro Zone Summit: Mistake to think crisis over - Verhofstadt
Feb. 26 - Its an enormous mistake to think the euro zone crisis is over and no more reforms are needed but perhaps the Italian election will be a wakeup call says former Belgian Prime Minister Guy Verhofstadt.....
Reuters Breakingviews: Italy needs reform, not meddling
Breakingviews, but it would do better without crude meddling from its euro zone partners and the ECB......
Witness: The growing pains reshaping Singapore
' Asia TV editor Julian Rake shows us the changing face of Singapore, where plans to boost the foreign population have sparked unease and challenged the city-state's ultra-stable image......
The brilliant phone idea Samsung & Apple didn't dream up
The smartphone market may be massive, but most handsets basically look identical. That's because the big boys are scared of taking risks, says the man behind Russia's innovative YotaPhone......
ECONOMY 2013: Dont bet on China pickup BASF CEO
after the company posted an 18 percent jump in profits......
Reuters Today: King of Comedy: Grillo Stuns Italy
Feb. 26 - Italy faces political deadlock after a stunning election sees comic Beppe Grillo's party become the strongest in the country......
Italian parliament elections in stalemate
Feb. 26 - Results from Italian parliamentary elections result in gridlock sending shivers through the Asian financial markets. Julie Noce reports......
U.S. Morning Call: Fed's Bernanke to set tone in testimony
Feb 26 - Markets and investors will take their cues from U.S. Federal Reserve Chairman Ben Bernanke when he testifies before the Senate Banking Committee on QE, the economy, and sequestration.....
Market Pulse: Calma! Its not the end of the world ..... yet
Feb. 26 - Heavy correction, or resumption of the crisis? Italys political paralysis rocks markets, with yields and spreads soaring. And a clear message from the worlds core bond markets on growth v inflation......
Most wanted on the massive budget cut list
Feb. 25 - Sequestration is just days away and the list of who gets hit earlier and hardest may be surprising. Hoda Emam reports......
S&P worst day since November
Feb. 25 - Summary of business headlines: U.S. stocks turn lower on Italy election fears; Goldman job cuts- sources; Barnes and Noble chairman wants his stores back; Lowe's stock falls on margin concerns. Bobbi Rebell reports......
U.S. Day Ahead: Ben Bernanke, Martha Stewart on the menu
Feb. 25 - Federal Reserve Chairman Ben Bernanke prepares for a 2-day testimony and Martha Stewart makes an appearance in court to defend her company against a lawsuit from Macy's......
Anheuser-Busch accused of watering down Budweiser
Beer lovers across the US have filed $5m class-action lawsuits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fda0a0/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1589196.....
Debt crisis: Italian election impasse reignites euro fears - as it happened
Europeans shares fall ease as Wall Street opens higher but fears remain that political uncertainty in Italy will reignite the eurozone's debt crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fd9a1d/mf.gif.....
Victoria Oil & Gas faces challenge from octogenarian oil tycoon Jack Grynberg
Aim listed explorer Victoria Oil & Gas (VOG) is embroiled in a dispute with a litigious octogenarian US oil tycoon, it emerged on Tuesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fd93f3/mf.gif' borde.....
Prepare for a new ride on eurozone's rollercoaster as Italy tires of austerity
The Italian election has produced a predictably shambolic outcome, threatening a decisive new phase in the eurozone debt crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fcf464/mf.gif' border='0'/><.....
Debt crisis: Italian election impasse reignites euro fears - live
Europeans shares fall ease as Wall Street opens higher but fears remain that political uncertainty in Italy will reignite the eurozone's debt crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f5bd13/mf.gif.....
My 10-point plan to reboot Britain
This is George Osborne's last opportunity. Unless he takes drastic action at next month's Budget, with shock and awe policies to jolt the private sector back into action, he stands no chance of rebooting Britain's crippled, downgraded economy.<img.....
Shell buys Repsol LNG assets in 4.4bn deal
Royal Dutch Shell has bought a portfolio of liquefied natural gas (LNG) assets from Spanish energy giant Repsol in a $6.7bn (4.4bn) deal.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fceff1/mf.gif' border='0'.....
Gulf of Mexico disaster caused by 'classic failure' of leadership at BP
America's worst offshore oil spill was caused by a "classic failure" of leadership at BP, a court has been told, as prosecutors turned their fire on the UK company's board.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
ECB bond plan in jeopardy as Italy's voters reject conditions
Italy's electoral earthquake is "a catastrophe for the euro and the European Union", according to Luxembourg's foreign minister, Jean Asselborn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fcee39/mf.gif' bor.....
St Modwen falls on Covent Garden placing
The property developer raised about 49m from the market.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc89b1/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158919508577/u.....
US unemployment merits third round of money printing, says Ben Bernanke
The US needs more quantitative easing, despite the improving economic outlook, because unemployment remains too high, America's central bank boss said.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fce980/mf.g.....
US unemployment merits third round of money printing, says Bernanke
The US needs more quantitative easing, despite the improving economic outlook, because unemployment remains too high, America's central bank boss said, as he warned that looming budget cuts could derail the recovery.<img width='1' height='1' src='.....
Markets lurch amid deadlock in Italian elections
Global markets lurched as the Italian election deadlock threw Rome into chaos and presented the most serious challenge yet to Brussels' drive for austerity.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1c65.....
Imperial Tobacco to cut 300m costs a year
Imperial Tobacco, owner of the Davidoff and Gauloises Blondes brands, has set out plans to grow dividends by at least 10pc a year for the "medium term".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1c77/mf......
GKN upbeat as civil aerospace and foreign markets drive growth
GKN, the car and aircraft parts maker, is expecting a strong 2013 driven by civil aerospace and international growth markets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1c80/mf.gif' border='0'/><br/.....
Fresh blow for Boeing as All Nippon Airways cancels more Dreamliner flights
Boeing's bid to bring to an end the problems plaguing its 787 Dreamliner aircraft received a fresh setback after Japan's All Nippon Airways said it was grounding its fleet until at least the end of May.<img width='1' height='1' src='http://telegra.....
Top 40 hedge fund managers earn $16.7bn
THEY are just 40 financiers but if they founded a nation with their 2012 pay packets, it would have an economy roughly three times the size of Monaco's.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1a8d/mf......
Apple in $100m bill after children spend too much on apps
Apple is facing a $100m bill to compensate millions of parents whose offspring inadvertently used iPhones and iPads to rack up large bills of their own.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1a8e/mf......
Retail sales growth slows in February, CBI says
British retail sales grew at the slowest pace since September in February, underlining the pressures still facing retailers and consumers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc1a8f/mf.gif' border='0.....
Top 40 hedge fund managers earn total of $16.7bn
The top 40 hedge fund managers in the world personally earned a total of $16.7bn (11bn) last year, according to a Forbes list that underscores the extraordinary power of the industry.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Tesco to pay 6.5m fine in dairy price fixing settlement
Tesco is to pay a 6.5m fine for its part in a dairy price fixing scandal, after losing a decade-long court battle.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fc0e2a/mf.gif' border='0'/><br/><br/.....
Mining tycoon unveils plan to build Titanic 2 - with extra lifeboats
'No mingling' between classes on Clive Palmer's replica ship.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fb6e0d/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158919665.....
1.4m complain to Lloyds about PPI in one year
PPI complaints have surged across the industry and some analysts predict the eventual total compensation bill could reach 25 billion.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fb6e14/mf.gif' border='0'/>.....
Bernanke defends ramped-up QE at Fed
The chairman of the Federal Reserve strongly defended the US central bank's bond-buying stimulus, contending its benefits clearly exceed possible costs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fb0d65/mf......
Pru cuts endowment maturity values
Prudential has announced healthy returns for its with-profits funds - but maturing endowment policies will still pay less than last year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28fb03c9/mf.gif' border='0'.....
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