Trading slump fuels fears European equity markets have failed
Capital markets are unable to fill funding gap left by banks because of structural flaws.....
Vervoer drops conflict of interest claim against GSAM
The £11bn Dutch scheme suing Goldman Sachs Asset Management International has withdrawn one of its allegations after GSAM files defence.....
Accounting body considers end to DVA distortions
Confusion over debt valuation adjustments could be coming to an end under a new proposal on quarterly reporting standards.....
3i plots new future with managed accounts
UK buyout firm will not raise a traditional fund for several years, chief executive says.....
UK property fund managers put up the gates
Move to impede investor exits comes as performance stalls amid growing divide in property values.....
Financial sponsors win flexibility with high-yield terms
Private equity firms have taken advantage of the strong demand for high-yield paper by winning concessions on change-of-control provisions.....
Marex loads up for Asian growth
Commodity futures broker is to almost triple its Singapore staff and widen its sector coverage.....
Norgrove hits out at pensions smoothing
Former Pensions Regulator chairman slams government idea for schemes to massage down their liabilities.....
Knight rides to the rescue of Jefferies
High-frequency broker which Jefferies saved last year accounted for more than a fifth of the US bank's equities revenues.....
Auditor code could lead to more banker prosecutions
Lawyers say new code of conduct for internal auditors in financial services will strengthen misconduct cases.....
Barclays announces 3,700 job cuts
Barclays says it will cut 3,700 jobs this year following a strategic review by its new chief executive Antony Jenkins......
Back-to-work schemes breached law
Judges agree with a graduate's claim unpaid back-to-work schemes are legally flawed, but the government passes new rules to allow them to continue......
Comcast to take over NBCUniversal
US cable provider Comcast is to acquire the full ownership of TV and film company NBCUniversal for $16.7bn (10.7bn)......
UK inflation rate unchanged at 2.7%
UK consumer price inflation remained unchanged at 2.7% for the fourth consecutive month in January, after a big rise in alcohol and tobacco prices......
Jamaica in crisis debt-swap plan
Jamaica announces plans for its second debt swap in three years in the face of a "serious economic crisis"......
Republic chain set for administration
Fears are growing for the future of the Leeds-based fashion chain Republic, which employs 1,000 staff, as sources say it is poised to enter administration......
Housing market shows revival signs
The UK housing market is showing signs of its first significant revival since the credit crunch nearly six years ago......
Coca-Cola warns of volatile outlook
Coca-Cola, the world's biggest soft-drinks maker, sees sales in Europe and China fall in the last quarter of 2012 and warns the year ahead will be unpredictable......
Yen jumps as G7 clarifies statement
The yen jumps against major currencies after a G7 official clarifies a statement the group had made on the currency markets......
Ryanair: EU to reject Aer Lingus bid
Ryanair says that the European Commission intends to block its proposed offer for rival Aer Lingus and says it will appeal against any such decision......
G4S Olympic losses increase to 70m
G4S, the firm that failed to provide enough security guards for London 2012, announces a 70m compensation deal with the Olympic organising committee......
Pension deficits fall back to 211bn
The deficit of private sector, final-salary pension schemes fell back in January, according to figures from the Pension Protection Fund......
UBS fined for mis-selling AIG fund
Swiss bank UBS is fined 9.45m by the Financial Services Authority for mis-selling an investment fund from insurer AIG......
Pay-by-tweet service offered by Amex
American Express is offering US credit card users the ability to make purchases by sending messages on Twitter......
Tesla Motors in New York Times row
Tesla Motors chief executive Elon Musk brands a New York Times review of his company's electric saloon car as "fake", after its range is questioned......
Italian aerospace boss arrested
The chief executive of Italian aerospace and defence firm Finmeccanica has been arrested on corruption charges......
Bitcoins used to pay for pizza
Programmers have created a site that lets people pay for pizza using the bitcoin digital currency......
Energy firms' 15,000 daily gripes
The UK's major energy companies collectively received more than 15,000 complaints every day on average in the last three months of 2012......
Care plans to bring 'peace of mind'
Health Secretary Jeremy Hunt says proposed changes to social care in England, including a 75,000 cap on nursing costs, will bring greater fairness to the system......
Asian markets mixed on N Korea test
Asian markets have a mixed reaction to the nuclear test carried out by North Korea, its third since 2006......
Euro rises as finance ministers meet
The euro has risen against the pound and the yen as eurozone ministers prepare to discuss the currency's recent strength......
Business confidence 'hits new low'
Confidence among UK businesses hit its lowest level in at least 21 years last month, a survey suggests, renewing recession fears......
RBS boss 'should get his bonus'
The boss of Royal Bank of Scotland (RBS) should not have to cancel his bonus in light of the Libor rate-fixing scandal, the bank's chairman tells MPs......
RBA sells note printing unit stake
The Reserve Bank of Australia agrees to sell its stake in currency printing firm Securency International to UK-based Innovia Film......
Heathrow 'to raise ticket prices'
Passengers using Heathrow face a rise in ticket prices under 3bn investment plans proposed by bosses of the west London airport......
Football police cost case in court
A dispute over who should pay for policing of matches at Leeds United's Elland Road stadium reaches the Court of Appeal......
Celtic profit from European run
Champions League participation sees Celtic increase profits and reduce net bank debt for the second half of 2012......
VIDEO: Government to hold horsemeat summit
Environment Secretary Owen Paterson will meet Food Standards Agency and food industry representatives later to discuss the horsemeat crisis......
VIDEO: 7,000 handset 'not just for show'
Luxury smartphone maker Vertu has launched its first Android-operated handset......
VIDEO: Chinese hopes for Year of the Snake
Many are hoping the Year of the Snake will bring a change of luck for the Chinese economy.....
AUDIO: Pedestrianisation 'damaging towns'
Local councils are being urged to consider re-opening pedestrian zones to traffic amid claims they are damaging town centres......
AUDIO: Queen tops most powerful woman list
The Queen has topped the first ever power list put together by Radio 4 show Woman's Hour. Former editor of the Sunday Mirror and Sunday Express, Eve Pollard, explains why......
VIDEO: Jenkins: Building a better Barclays
Barclays chief executive Antony Jenkins says the changes he is spearheading at the bank are about "building a better Barclays"......
VIDEO: Why Iceland wants Scotland's fish
Iceland calls for a reorganisation of the international mackerel fishery as the row over Scotland's most valuable stock intensifies......
VIDEO: France's sixth-biggest city? It's London!
The relationship between France and Britain has been complicated over the years - moving from enemies to allies - with a current thawing between Paris and London......
Horsemeat scandal: Can brands like Findus recover?
Can Findus and the others recover their form?.....
The hackers hunting for clues about you
The hacking group which uses social networks to attack firms.....
The Italian fashion capital being led by the Chinese
Chinese firms leading the way in Italy's clothes-making heartland.....
Viewpoint: Megatrends that will change everyone's lives
These megatrends will change your life.....
Markets rally, but investors look beyond the Brics
Attractions of the minnow economies.....
U.S. Day Ahead: Don't count retail out just yet!
Feb. 12 - While President Obama focuses on the economy Tuesday night, markets are bracing for some pretty disappointing retail numbers in the morning. Still we could see an upside surprise......
WH Adviser-Obama's focus-jobs, gun control and immigration
Feb. 12 - Cecilia Muoz, Director of the White House Domestic Policy Council, outlines the economic priorities President Obama will present in his State of the Union speech in an interview with Mark Felsenthal......
Power Player: Betsey Johnson
Feb. 12 - Fashion designer Betsey Johnson shakes things up at New York Mercedes Benz Fashion Week with a new line of workout clothes. Conway G. Gittens reports......
Techquity: Cook on Apple, Facebook liked less
Feb 12 - Apple's CEO addresses the company's cash pile and outlook at a conference, while Facebook suffers a pair of downgrades......
Daily Digit: Coke's $11.46b sales
Feb 12 - With $11.46 billion, Coca-Cola revenues miss Wall Street's view, due to slower sales in Europe and China. Conway G. Gittens reports......
Trading at Noon: Cook juggles Apple & Einhorn
Feb. 12 - Apple CEO Tim Cook calls hedgie David Einhorn's lawsuit a "sideshow" but says the board will consider the proposal......
Breakingviews: Apple iCash
Feb 12 - Jeffrey Goldfarb talks to Breakingviews columnists about David Einhorn's creative idea for Apple's cash and whether it's the best option for the company's shareholders......
Europe Day Ahead: Britain's inflation headache
Feb. 12 - The BoE is expected to say higher inflation is here to stay as sterling declines against the euro and the dollar. We'll gauge the worldwide reaction to Barack Obama's State of the Union address......
CEO arrested in new Italy scandal
Feb. 12 - Italian police have arrested Giuseppe Orsi, the head of the state-contolled defence group Finmeccanica, in the latest in a series of scandals to rock the country's business world ahead of an election this month. Sonia Legg reports......
Bookies see three cardinal race for pope
Feb. 12 - British and Irish turf accountants see three cardinals as frontrunners to replace Pope Benedict XVI as head of the Roman Catholic Church. Travis Brecher reports......
3XSQ: Coca-Cola revenue misses on weak sales in Europe
Feb 12 - Coca-Cola reported fourth-quarter revenue slightly below analysts' expectations, hurt by a double-digit decline in Europe......
Barclays boss lays out revival plans
Feb. 12 - Barclays is axing at least 3,700 jobs and pruning its investment bank as its new boss put his stamp on the troubled British bank by aiming to cut 1.7 billion pounds ($2.7 billion) in annual costs and raise standards after a series of scanda.....
Reuters Today: Barclays all change or all talk?
Feb. 12 - Barclays sets out revival plans, including 3,700 job cuts, and an exit from some businesses -- but is it a revolution or just PR?.....
U.S. Morning Call: McGraw-Hill--Defense strong against DOJ
Feb 12 - McGraw-Hill says it has very strong defenses against the DOJ's lawsuit......
No kidding around in hot toy hunt
Feb 11 - What makes a toy a potential best-seller months before it hits store shelves? Toy companies use a little bit of color and flair but a whole lot of psychology and science, say innovators and experts gathered at the annual Toy Fair in New York.....
Reuters on the Road: Inventors bring delight back to tech
Feb. 12 - The CEO of design studio BERG takes the taxi challenge to explain how his team of product inventors helps companies make their new products a reality......
Obama to focus on economy in State of Union speech
Feb. 11 - U.S. President Obama is expected to offer proposals on infrastructure, manufacturing, and clean energy in his State of the Union. Deborah Lutterbeck reports......
Market Pulse: Barclays jumps 5%, G7 steps into FX war
Feb. 12 - Barclays shares surge to a 2-year high after CEO Antony Jenkins unveils his new strategy. But is it a real makeover, or mere paint job? And the global currency war rhetoric heats up, as G7 speaks......
Market Pulse: Barclays jumps 5%, G7 steps into FX war
Feb. 12 - Barclays shares surge to a 2-year high after CEO Antony Jenkins unveils his new strategy. But is it a real makeover, or mere paint job? And the global currency war rhetoric heats up, as G7 speaks......
New "watch" on Apple, stocks dip
Feb. 11 - Summary of business headlines: Apple explores watch technology reports; Home Depot ditches BlackBerry; Google Chairman to cut stake, pocket billions; Fed's Janet Yellen says policy is all about jobs. Wall Street nudges lower. Conway G. Gitt.....
U.S. Day Ahead: Obama's State of the Union to target economy
Feb. 11 - President Obama is likely to outline proposals on infrastructure, clean energy and education to kick start economic growth when gives his latest State of the Union address Tuesday night......
Daily Digit: 15 million euros
Feb. 11 - In a surprise move, Pope Benedict is leaving as head of the Roman Catholic Church, centered at the Vatican, a government operating at with a deficit. Conway G. Gittens reports......
Techquity: Innovation time at Apple?, Prime time for Amazon
Feb 11 - Apple reportedly considers a new device while Amazon does another deal for its Prime service......
RBS "mess" stills needs clearing up says CEO
Feb. 11 - Royal Bank of Scotland Chief Executive Stephen Hester gives evidence to a UK parliamentary banking committee. Rough Cut (no reporter narration)......
Breakingviews: One Dell of a deal
Feb 11 - Antony Currie and Breakingviews columnists discuss why Southeastern is right that the PC maker is worth more than the $24.4 bln founder Michael Dell has offered but why the asset manager's $42 bln target looks a stretch......
Forget our AAA rating, 10bn more borrowing could deliver growth
John Cridland, the CBI director general, wants to see the Chancellor put a bit more "elbow grease" into his plan for growth.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287f36af/mf.gif' border='0'/><br/&.....
Rogue trader Jerome Kerviel sues Societe Generale for 4.9bn
French rogue trader tries to wipe out the damages he owes to bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287f2a49/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/1559.....
Reckitt Benckiser and GlaxoSmithKline target Latin America
Latin America is the new frontier for British business with Reckitt Benckiser agreeing a $482m (308m) over-the-counter drugs deal in the region and GlaxoSmithKline exploring a potential multi-billion dollar takeover of a Brazilian rival.<img width.....
Trading places: Antony Jenkins steps on to Bob Diamond's stage
The strategic review of Barclays unveilved by Antony Jenkins highlighted the similarities and differences in his approach from this predecessor as chief executive, Bob Diamond.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Dunelm sales boosted by The Great British Bake Off
The Great British Bake Off has driven an increase in sales for homewares retailer Dunelm.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287f2a52/mf.gif' border='0'/><br/><br/><a href="http://da.....
Barclays cuts 3,700 jobs in overhaul to restore reputation
Barclays will close businesses generating 500m in annual revenues as a result of a major overhaul of the bank that will see 3,700 jobs axed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2879aac2/mf.gif' border=.....
BAE retreats while FTSE 100 marches higher
The defence group was the biggest faller on the blue-chip index.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287ec633/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/155984.....
Axe inheritance tax - it causes too much economic damage
There was a time, just a few years ago, when the Conservative party understood that inheritance tax was not just a viciously unfair form of double taxation but also a fail-safe way of impoverishing the nation by consuming its capital base. Most of it.....
G4S strikes deal over Olympic fiasco
Security group G4S looks to have finally put its Olympic troubles behind it after striking a deal over how much it should be paid over mishandled contract to supply staff for the London Games.<img width='1' height='1' src='http://telegraph.feedspo.....
BP chief Bob Dudley awarded 2.6m annual bonus despite profits slump
Shares and cash bonus comes despite a slump in profits at oil giant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287e4135/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15.....
G7 vows to avoid currency wars
The Group of Seven leading economies have pledged not to engage in currency wars in an attempt to avert a potentially dangerous round of devaluations by central banks.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Overhaul corporation tax to curb avoidance, says OECD
OECD backs complaints that companies have advantages that "undermine competition".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287e4137/mf.gif' border='0'/><br/><br/><a href="http://da.feedsp.....
'Spend Republic gift cards'
Customers are being urged to spend gift vouchers from clothes store Republic amid reports it is to go into administration.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287ded93/mf.gif' border='0'/>.....
Republic customers urged to spend gift cards
Customers are being urged to spend any gift vouchers from clothes store Republic after it was reported that the high street retailer was expected to go into administration.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Tim Cook: Apple more innovative than ever
Apple chief claims he has "never been so bullish" on the level of innovation at the company, as he attempted to assuage fears that the iPad-maker's best days may be behind it.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Economic hopes rise as oil demand seen to grow while dangers ease
The outlook for the global economy appeared to brighten as OPEC, the cartel of oil-producing nations, predicted the world will consume more oil this year than previously thought.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
British Airways-owner IAG swings axe at Iberia
More than 3,800 jobs are to go at Spanish airline Iberia as its parent company, International Airlines Group, seeks to plug losses of 1.7m (1.5m) a day.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287d201f/mf......
Republic to call in administrators, 2,000 jobs at risk
Republic, the youth fashion retailer, is poised to become the latest high street business to collapse into administration, putting as many as 2,000 jobs at risk.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287.....
Woman's Hour Power List: top 10 women in business
Radio 4's Woman's Hour has compiled a rundown of women wielding power in the UK today. Here are 10 of their most powerful women in business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287ce943/mf.gif' border=.....
Back-to-work ruling 'undermines welfare reform'
A court ruling that calls on the government to scrap its controversial back-to-work scheme risks undermining the Coalition's entire programme of welfare reform, writes Lottie Dexter.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
John Mullins out as Independent goes seven-day
The Independent and The Independent on Sunday are to merge into a single seven-day news operation, under "radical" changes which will also see the newspapers forge even closer ties with the Evening Standard.<img width='1' height='1' src='http://te.....
Setback for Shell's Arctic oil ambitions as rigs require repair in Asia
Royal Dutch Shell's hopes of resuming drilling for oil off Alaska this summer have suffered a further setback after it revealed both its Arctic drilling rigs would now need to be taken to Asia for repairs.<img width='1' height='1' src='http://tele.....
Brussels to block Ryanair's third tilt at Aer Lingus
Ryanair has accused the European Commission of not giving it a "fair hearing" after competition officials signalled they would block the airline's proposed takeover of rival Aer Lingus.<img width='1' height='1' src='http://telegraph.feedsportal.co.....
UBS fined 9.45m for mis-selling AIG fund
UBS, the Swiss bank, has been fined 9.45m by the Financial Services Authority for mis-selling savings products linked to failed insurer AIG.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/287ce03c/mf.gif' border=.....
Barclays review: as it happened - February 12, 2013
Banking giant's much-awaited strategic review lays out plans to dramatically slim down the business and cut 3,700 jobs, in an effort to make a clean break from scandals that have engulfed the lender in recent months.<img width='1' height='1' src='.....
