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.....
Regulators and issuers gear up for European RMBS register
Interest surges in new data warehouse promising greater collateral transparency.....
Getco racks up $25m loss on client business
High-frequency trading firm's client execution arm is yet to turn a profit.....
Price of Ashmore 2011 equity acquisition halves
Emerging markets manager will pay just half the maximum price of acquisition in 2011 after outlfows and performance issues hit the business' value.....
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.....
BoE mulls bonus lock-in for bankers
Central bank considers move to lock in awards to banking executives until they leave.....
Markets fall on Italy deadlock fear
Global bank shares, the euro and Italy's bond and stock markets fall, as initial results from Italy's elections point to parliamentary deadlock......
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......
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......
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......
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......
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......
Arsenal profit slips to 17.8m
Premier League football club Arsenal saw profits fall sharply to 17.8m despite selling van Persie for 24m......
'Outstanding' sales boost Primark
Associated British Foods says its half-year results will beat expectations thanks to an "outstanding performance" at its clothing chain Primark......
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......
ANA cancels more Dreamliner flights
Japan's All Nippon Airways (ANA) cancels all Boeing 787 Dreamliner flights until at least the end of May, in the latest blow to Boeing......
Kingfisher loses flying rights
India's Ministry of Civil Aviation withdraws international flying rights and domestic slots from Kingfisher Airlines, in a fresh blow to the debt-laden firm......
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......
UK oil investment 'at 30-year high'
Investment in the North Sea is the highest for 30 years and rising, according to a report by an oil and gas trade body......
London Market Report
London Market Report.....
Honda scales back Swindon production
Production at a Honda plant in Swindon is scaled back, with work being reduced from double to single day shifts......
Japan to sell $10bn tobacco stake
Japan's government is to sell a third of its stake in Japan Tobacco, to raise $10.3bn for reconstruction of areas devastated by the 2011 earthquake......
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......
Horsemeat found in Ikea meatballs
Swedish-style meatballs for sale at Ikea in the Czech Republic are found to contain horsemeat, inspectors reveal, as EU ministers meet in Brussels......
Murray acquires country house hotel
US Open and Olympic tennis champion Andy Murray buys Cromlix House Hotel in Kinbuck, Perthshire......
Data 'to overtake voice' by 2018
The body that represents the mobile industry predicts operators will make more money from data than from voice by 2018......
Apple drops shares plan after ruling
Apple drops a planned vote of shareholders after a US judge blocked the move in an ongoing spat over what to do with the tech giant's huge cash pile......
BBC to show Women's FA Cup Final
The BBC will broadcast the Women's FA Cup Final live on BBC Two on Sunday, 26 May......
VIDEO: Downgrade 'warning over debt'
The loss of the UK's AAA credit rating is a warning that the government "must deal with its debt", the chancellor has said......
VIDEO: New contender for smartphone crown?
Companies have been showing off the latest technology at the mobile phone industry's biggest annual show, which is taking place in Barcelona......
VIDEO: Nokia launches new Windows phones
Nokia has broadened its flagship Lumia range, offering less expensive models of its Microsoft Windows mobile phone......
VIDEO: US man's quest to design board games
Schoolteacher David Fox designs board games for fun, but now he wants to turn pro. Can he roll the dice, pass go and collect on his dream?.....
VIDEO: BP braced for US pollution lawsuit
The civil trial between BP and the US states effected by the 2010 Deepwater Horizon oil spill is set to begin......
VIDEO: Can new technology save fish?
The BBC's environment analyst Roger Harrabin visits a laboratory in Denmark which is developing new ways of fishing......
VIDEO: UK oil investment 'at 30-year high'
Investment in the North Sea is the highest for 30 years and rising, according to a report by an oil and gas trade body......
VIDEO: Why internet speed varies globally?
Internet specialist Geoff Huston explains why some developed countries such as Australia have much slower internet speeds compared with cities such as Singapore......
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.....
Park Geun-hye's economic challenge
Can the new president fix South Korea's economy?.....
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......
Daily Digit: Bid for 689 B&N stores
Feb. 25 - Barnes & Noble chairman Leonard Riggio to bid for 689 bookstores, website. Bobbi Rebell reports......
Techquity: Apple's Mac attack, HP's board troubles
Feb. 25 - Analyst lowers price target for Apple because of weaker Mac sales while Hewlett-Packard's board faces more criticism......
Kenyan farmers look to local plant for malaria protection
Feb. 25 - Farmers in western Kenya are being encouraged to grow ocimum, a natural insect repellant which can be turned into jelly and candles to keep deadly malaria-carrying mosquitos at bay. Jim Drury reports......
Ikea finds horsemeat and new food scandal hits eggs
Feb. 25 - Europe's food industry is back under the spotlight as Ikea becomes the latest retailer to be embroiled in the horsemeat scandal and an investigation begins into possible organic egg fraud in Germany. Sonia Legg reports......
Nokia aims high with 15 phone
Feb. 25 - Nokia launches a 15-euro phone to shore up its position in the basic handset market, where it's lost share. It's launching the handset at the Mobile World Congress in Barcelona. Ciara Sutton reports......
Markets take fright over Italy election
Feb. 25 - Italian shares and bonds lost their earlier gains as no clear winner emerged after the polls closed. Election projections showed former Prime Minister Silvio Berlusconi's centre-right bloc leading in the upper house, contradicting initial e.....
Breakingviews: M&A lacking Elan
Feb 25 - Royalty Pharma's $6.6 bln approach for the biotech is at a scrawny 4 percent premium. Richard Beales and Robert Cyran discuss why the specialist investor may still be the right owner at the right price......
Trading at Noon: Barnes chairman into books, not Nook
Feb 25 - Barnes & Noble Chairman Leonard Riggio has told the board he plans to buy the retail assets of the company, excluding Nook......
Europe Day Ahead: Italy votes, but can anyone govern?
Feb. 25 - Europe waits for the results of Italys general election, but the vote may raise as many questions as answers......
Reuters Asks: Should we care the UK is no longer AAA?
Feb. 25 - What is the significance of Moodys UK downgrade and what's the impact on the pound......
Portugal mulls corporation tax cut
......
Breakingviews: Cameron deserves AAA sympathy
Feb. 25 - Does British Prime Minister David Cameron deserve any sympathy for losing the triple-A rating? And how much currency gain can be had from the downgrade asks Breakingviews......
KFC's China 'mea culpa' to cost
Feb. 25 - KFC-owner Yum Brands' effort to keep up appearances in China, against a backdrop of plummeting sales and safety scandals, won't come cheap, according to veteran China consultant David Mahon......
Sterling: Keep calm, carry on, lower?
Feb. 25 - Britain's currency gaining back ground after being pushed to a 31-month low following Moody's downgrade of the UK's triple-A rating. But will a short-term rebound provide yet another strategic selling opportunity?.....
Reuters Today: Bare breasts and protests in Italy
Feb. 25 - Protest votes not the only form on demonstration in the Italian election. Plus sterling steadies after Moodys downgrade......
Factbox: How to sell a BlackBerry in India
Feb. 25 - BlackBerry launches its flagship Z10 handset in India - but the handset's high price tag, along with renewed competition from Apple, may stymie the Canadian firm's plans for the market......
Japan's central bank to get a global touch
Feb. 25 - Japan is set to nominate Asian Development Bank head Haruhiko Kuroda as its central bank governor, sources say. Yonggi Kang reports on what his tenure will mean for monetary policy and the markets......
U.S. Morning Call: Hertz forecasts strong 2013
Feb 25 - Car rental company Hertz projects strong results for 2013 on higher pricing, and its adjusted profit beat analysts' expectations......
Market Pulse: Downgrade, what downgrade?
Feb. 25 - Gilts bounce back after an early slide sparked by the Moodys downgrade, while sterling also begins to recover lost ground. We ask ICAP economist Don Smith whether the downgrade is really a worry......
Italian polls bring uncertainty
Feb. 24 - Italian voters cast ballots in two-day parliamentary elections in which many fear there will be no clear winner or government strong enough to deal with the country's recession. Lindsey Parietti reports......
Greed devastated the Gulf of Mexico, BP spill trial told
Mo Farah would not have noticed the deserted federal courthouse in New Orleans as he sprinted past it on his way to victory in the city's half marathon at the weekend.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Trillion pound cash mountain to the rescue? It's unwise to bank on it
Meaningless though it might otherwise be, the downgrade in Britain's credit rating at least acts as a reminder of just how deeply mired in post-crisis gloom the UK economy really is, and quite how difficult extracting the country from the ruination o.....
Euro debt crisis looms again as Italians defy EU austerity demands
The eurozone's debt crisis strategy is in chaos after anti-austerity parties appeared on track to win a majority of seats in the Italian parliament.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f28915/mf.gif'.....
A cap on bankers' bonuses would be lunacy
If Europe legislates on banker bonuses, Britain's EU exit is more likely, says Norman Lamont<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f2526c/mf.gif' border='0'/><br/><br/><a href="http:/.....
Sterling hits two-year low after Moody's UK downgrade
The pound fell to a two-and-a-half-year low on Monday as traders ditched the currency at the first opportunity after the UK's credit rating was downgraded.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f2526d/.....
Banks' time for remorse is not over, says Mark Carney
Banks must do more to regain public trust, including more radical reform to the way they run their businesses, according to Mark Carney, the incoming Governor of the Bank of England.<img width='1' height='1' src='http://telegraph.feedsportal.com/c.....
Primark owner confident British high street will 'regenerate' as it sees 23pc sales growth
The death of the high street has been greatly exaggerated, according to Primark's owner Associated British Foods, as it reported surging sales of its budget fashion ranges.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Moody's might have done us a favour by cutting UK's AAA rating
It was always asking for trouble to place organisations as discredited as the credit rating agencies at the heart of Britain's economic policy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f248e1/mf.gif' bord.....
George Osborne grilled on banking standards - as it happened, February 25, 2013
The Chancellor tells the Parliamentary Commission on Banking Standards that the "impairment" of the financial system has had a "significant impact" on the UK economic recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Michael Fallon: 'No more gold-plating of EU laws'
Michael Fallon, the business minister, has promised to cut red tape with "no more gold-plating" of European laws.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f1974a/mf.gif' border='0'/><br/><br/&.....
Investors give Hiscox chairman a warm send-off
Shares in insurer Hiscox hit a fresh record in trading on Monday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f1c3ed/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15891.....
George Osborne grilled on banking standards - Live
The Chancellor tells the Parliamentary Commission on Banking Standards that the "impairment" of the financial system has had a "significant impact" on the UK economic recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
BT ups ante against BSkyB with ESPN deal
Telecoms giant BT has bought a slew of American, UK and Irish sports channels from broadcaster ESPN, handing it a new battery of weapons in its escalating war with rival BSkyB.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Sony unveils waterproof tablet
First it came up with the waterproof smartphone. Now, Sony has unveiled a tablet computer that you can safely use in the bath without worrying about short circuits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Osborne firm on austerity despite AAA downgrade: as it happened - February 25, 2013
The Chancellor told MPs that relaxing austerity now would mean further downgrades from credit agencies as he stand firm on his plan to cut the country's massive deficit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Osborne firm on austerity despite AAA downgrade - live
The Chancellor told MPs that relaxing austerity now would mean further downgrades from credit agencies as he stand firm on his plan to cut the country's massive deficit.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Pearson boss wields axe on print jobs
The new boss of Pearson has launched an "urgent" restructuring of the group, which will see it divert investment from print media and old-fashioned text books into emerging economies, digital products and educational services.<img width='1' height.....
'Why I'm investing in salmon, not beef'
Fund manager Barry Norris on the lessons from the horse meat scandal and why he's betting on rising salmon prices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f09d62/mf.gif' border='0'/><br/><br/.....
How prices changed over 30 years
The price of a pint has jumped from 73p to 3.18 in a survey that highlights the falling value of money<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f09d67/mf.gif' border='0'/><br/><br/><a hr.....
Value of money slides 30pc in 30 years as cost of goods rockets
The value of money has plummeted by two thirds over the last 30 years as the cost of everyday goods such as milk and bread has jumped, according to new research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28e.....
Live: George Osborne answers questions on UK credit rating downgrade
Watch live as the Chancellor George Osborne answers questions from the Banking Standards Commission.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28f0a98f/mf.gif' border='0'/>.....
Live: George Osborne answers urgent question on UK credit rating downgrade
Watch live as the Chancellor George Osborne answers an urgent question from Ed Balls on the UK's credit downgrade<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/28efa935/mf.gif' border='0'/><br/><br/&.....
Osborne poised for Commons showdown on AAA rating downgrade - live
George Osborne is set to face an urgent question from shadow chancellor Ed Balls in the Commons on Monday as Friday's AAA rating downgrade saw the pound weaken against the dollar and euro.<img width='1' height='1' src='http://telegraph.feedsportal.....
UK AAA downgrade weighs on pound - live
The pound is trading at around a two-and-a-half year low against the dollar, falling as low as $1.5074 at one stage on Monday after Moody's downgraded Britain's credit rating from AAA to AA1 on Friday night.<img width='1' height='1' src='http://te.....
BT buys ESPN's UK and Ireland TV channels
BT has acquired ESPN's America, UK and Ireland TV channels, giving it the rights to show the FA Cup and some European football, as it looks to broaden the appeal of its sport coverage due to launch this summer.<img width='1' height='1' src='http:/.....
