Losses at Lloyds narrow to 570m
Lloyds bank narrows its losses for 2012 to 570m, from 3.5bn the previous year, and says the loss was mainly due to provisions for PPI mis-selling......
Shock contraction in manufacturing
Activity in the UK's manufacturing sector unexpectedly shrank in February, according to a closely watched survey......
US faces $85bn budget cuts deadline
US political leaders meet for a deadline-day summit at the White House as hopes fade for a deal to avoid $85bn (56bn) in budget cuts......
Buffett: Sub-par year for Berkshire
The legendary investor Warren Buffett has told shareholders in his annual letter that last year was below standards for the investment guru's funds......
Groupon shares regain some losses
Shares in daily deals firm Groupon rise 13% following the ousting of its founder and chief executive Andrew Mason, recovering some of the losses sustained due to falling sales......
Einhorn drops case against Apple
Hedge fund manager David Einhorn's Greenlight Capital has withdrawn his legal attempt to get Apple to release some of its huge cash pile to shareholders......
Sky buys O2 broadband and fixed line
British Sky Broadcasting is buying the UK broadband and fixed-line businesses of Spain's Telefonica, currently branded as O2 and BE......
Brazil economy grew 0.9% in 2012
The Brazilian economy grew at its slowest pace for three years in 2012, according to official figures, expanding by 0.9%......
House prices 'up 0.2% in February'
UK house prices rose by 0.2% in February compared with the previous month but were the same as a year ago, the Nationwide says......
Eurozone unemployment hits 11.9%
The rate of unemployment in the eurozone rose to a fresh record high in January, climbing from 11.8% to 11.9%......
Horsemeat found in four new products
Four beef products sold by Bird's Eye, Taco Bell and catering supplier Brakes are found to contain horse DNA, the Food Standards Agency says......
Russian ex-banker wins asylum in UK
A Russian former banker who fled to London after being accused of alleged fraud has been granted political asylum in the UK, the BBC learns......
Bertelsmann takes control of BMG
Bertelsmann, Europe's largest media company, is taking full ownership of its music rights company BMG to boost its income......
London Market Report
Lloyds and RBS are among the biggest fallers on the London stock market, but the FTSE 100 is little changed overall......
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......
Virgin airline unveils UK services
Virgin Atlantic unveils details of its UK domestic service, Little Red, which Sir Richard Branson says will challenge British Airways......
US wins Kim Dotcom evidence appeal
New Zealand's Court of Appeal has said that US prosecutors do not need to disclose their evidence in their fight to extradite Megaupload's Kim Dotcom......
Viewpoints: EU banker bonus cap
What politicians, bankers and economists think of the EU move.....
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......
Ministers 'misrepresenting' the poor
The government is deliberately misusing evidence and statistics to misrepresent the plight of the poor, a report says......
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......
Japan consumer prices drop continues
Japan's consumer prices dip for the third straight month, underlining the challenge faced by policymakers as they try to stoke inflation......
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......
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......
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......
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......
Volunteers set new Games record
A new record is set by the number of people offering to be volunteers at the 2014 Commonwealth Games in Glasgow......
Rangers sign kit deal with Puma
Rangers Football Club announces a new five-year kit deal with sports brand Puma......
Lancs' Old Trafford home renamed
Lancashire's Old Trafford ground is renamed as part of a 10-year partnership with airline firm Emirates......
VIDEO: Groupon founder ousted as shares dive
The founder and chief executive of Groupon, Andrew Mason, has been ousted......
VIDEO: Hammerson's secret to success
Shopping centre landlord Hammerson has reported its annual results, with growth of 2.1% in like-for-like net rental income......
VIDEO: WPP group reports strong results
Advertising giant WPP has reported better-than-expected full-year results, recovering from stumbles earlier last year......
VIDEO: Losses at Lloyds narrow to 570m
Lloyds Banking Group has narrowed its pre-tax losses for 2012 to 570m, from 3.5bn the previous year......
VIDEO: Shock contraction in UK manufacturing
Activity in the UK's manufacturing sector unexpectedly shrank in February, according to a closely-watched survey......
VIDEO: Swiss to vote on 'fat cat' pay
Swiss voters are going to the polls this weekend to decide on measures which would strictly limit salaries for top managers, and ban golden handshakes......
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: 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......
Will Swiss 'fat cats' be put on diets?
Will Swiss 'fat cats' be put on diets?.....
Rehabilitating the board game geek
Rehabilitating the board game geek.....
Taiwan: Can you recycle a city?
Creating clothes from old bottles and furniture from scrap paper.....
Q&A: Banker bonus cap plan
The EU's banker bonus cap plan explained.....
We need ground rules for geo-information
We need rules for GPS technology.....
Open window gave restaurant lift-off
How an open window was best advert for new restaurant.....
Buffett on the hunt for more big deals: Berkshire letter
Mar. 1 - In his annual letter to shareholders, Berkshire Hathaway's Warren Buffett says the company is on the hunt for more major acquisitions even after last month's $12 billion takeover of H.J. Heinz.....
U.S. Week Ahead: Despite market highs, don't dive in yet!
Mar 1 - As the Dow and S&P 500 flirt with record highs, one top analyst says it might be time to take a deep breath and not call your broker......
Techquity: New low for Apple, Google praise, Facebook plan
Mar 1 - Apple hits 52-week low. An analyst praises Google Glass while Facebook plans another announcement......
Daily Digit: Best Buy up 41% ytd
Mar 1 - Best Buy's shares are up 41 percent year-to-date as the company is forging ahead with its turnaround plan and its founder Richard Schulze drops his bid to take the retailer private. Conway G. Gittens reports......
Obama: Spending cuts "dumb" but won't cause "apocalypse"
Mar. 1 - President Barack Obama heaped blame on Republicans on Friday for the failure to break a deadlock in efforts to avert looming automatic spending cuts and warned that a "ripple effect" would start hurting the middle class and the overall U.S. .....
Trading at Noon: Einhorn drops shareholder vote suit
March 1 - Apple shares are down after Greenlight Capital's David Einhorn dropped a shareholder vote suit......
Obama: Could be "weeks" or "months" to fix budget
Mar. 1 - U.S. President Barack Obama says it may take a couple of weeks or months for Republicans to compromise on the budget standoff. Rough Cut (no reporter narration)......
Breakingviews: CEO discounted
March 1 - Everyone wants their boss to be fun. Antony Currie and Robert Cyran discuss why wit wasnt enough for Groupon chief Andrew Mason - and why removing him won't be enough to turn around the Internet coupon sites fortunes......
"BigDog" learns a new trick
Mar. 1 - US robotics manufacturer, Boston Dynamics, has taken its now famous robotic quadruped "BigDog", to a new level of sophistication. With funding from the US Defense Department, BigDog has been given the ability to fling heavy objects long dist.....
Russia's smoking ban is all about cost
Mar.01 - Russia is to become the latest country to ban smoking in public places, a decision dividing opinion in the former Soviet country where population numbers have been falling for two decades. Ciara Sutton reports.....
Europe Week Ahead: Squabbling Italians, enigmatic bankers
Mar. 1 - No change on policy expected, but ECB and BoE policy statements will be scrutinised for clues to future moves, while Italys politicians face another week of squabbling in search of a coalition deal......
Wealth Strategies: Budget cuts could be "quite damaging"
Mar 1 - Decision Economics' Cary Leahey says the potential $20 bln in spending cuts next quarter could cut a half percent from GDP growth and that, despite a rebound in housing, recession risk still exists.....
Daily Digit: Euro zone manufacturing no closer to recovery
Mar 1 - Euro zone manufacturing activity appeared no closer to recovery last month, when a dire performance in France offset a return to growth in Germany, business surveys showed. Ciara Sutton reports......
Lloyds mis-selling hit knocks share sale hopes
Mar. 1 - British bank Lloyds made a loss last year after setting aside a further 1.5 billion pounds ($2.3 billion) to compensate customers mis-sold products. The costs of the so-called PPI scandal has now topped 14bln pounds so is it finally over? Ha.....
Breakingviews: Lloydsoperation 61p wont be easy
Lloyds CEO is incentivised to get shares up to 61p. Itll be hard to achieve, but putting conditions on Horta-Osorio1.5mln bonus will be good for the bank & quell public anger says Breakingviews......
Reuters Today: Lloyds shares lose ground after loss
Mar. 1 - Shares in state-backed Lloyds slump as Britains biggest retail bank takes another 1.9bln mis-selling hit.....
Economy 2013: WPP CEO Sorrell on FY results
Mar. 1 - WPP Chief Executive, Martin Sorrell, comments on the company's Preliminary Statement for the year ended 31 December 2012......
Reuters Breakingviews: Thumbs up for India's budget
Mar. 1 - The 16% percent hike in government spending unveiled in India's annual budget this week is largely 'good cholesterol', according to Breakingviews' Andy Mukherjee......
Asia Week Ahead: Xi takes the helm
Mar. 1 - As China's political handover takes the spotlight investors will also keep a close eye on trade data and the latest debate over monetary policy in Japan, says Tara Joseph......
U.S. Morning Call: Sequestration Day starts
Mar 1 - Sequestration Day starts with Groupon looking for a new CEO after firing ex-Boss Andrew Mason. Or as he said he's decided to spend more time with family -just kidding......
Reuters on the Road: Sooqini save time, get jobs
Mar. 1 - Sooqini co-founder Tiago Mateus takes the taxi challenge to talk about saving people time and creating jobs with his online local marketplace......
Market Pulse: Mamma mia! What a week for Italy
Mar. 1 - Turmoil in Italian markets this week post-election, none more so than CDS. Plus, UK PMIs bring triple-dip recession back into view......
Dow tries, then fails at new record
Feb. 28 - Summary of business headlines: Markets slip after two-day buying spree; Economy relatively strong ahead of sequestration; Groupon head loses his CEO coupon; New Treasury Secretary begins tenure; retail results underwhelm. Conway G. Gittens .....
Buckle your fiscal seatbelts!
Feb. 28 - Washington braces itself for $85 billion in mandatory federal spending cuts due to go into effect on Friday, March 1st with implications for travel, food safety, the military, and everything in between. Conway G. Gittens reports......
Reuters Right Now: Groupon CEO departure won't save the firm
Breakingviews' Rob Cyran......
Judge cuts Apple's $1bn Samsung patent award by $450m
A US federal judge has erased nearly half of the $1bn in damages that a jury decided that Samsung should pay Apple in a high-profile trial over smartphone and tablet computer patents.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
Ernst & Young to pay $123m to settle US tax shelter probe
Ernst & Young has agreed to pay $123m to resolve a US federal investigation into its role developing and marketing tax shelters that helped its clients avoid more than $2bn in tax liabilities.<img width='1' height='1' src='http://telegraph.fee.....
Lloyds makes 3bn from UK government debt sales
Lloyds Banking Group has made more than 3bn from sales of UK government debt, helping the state-backed lender offset the cost of billions of pounds of customer mis-selling claims.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
It's a simple choice for bankers - and pay talks
It should come as no surprise that senior bankers are some of the most vociferous supporters of the campaign to keep Britain in the EU.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291c8da1/mf.gif' border='0'/&.....
Giant cranes arrive at new London Gateway port
The largest cranes ever to be delivered to the UK have sailed up the Thames Estuary to their final deep-sea port destination after a three month voyage from China.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
WPP starts 2013 with spring in its step
The world's biggest advertising business, WPP, has started the year with a spring in its step with sales ahead of budget, in the wake of a strong 2012.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291bd5a4/mf.g.....
William Hill eyes US after 424m deal for full control of online business
William Hill is betting on becoming a 5bn business in the next five years after agreeing a 424m deal to take full control of its fast growth online division.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291bcab.....
Lord Sugar out at YouView after bust up with Richard Desmond
Channel Five boss Richard Desmond tells Lord Sugar: "You're fired".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291bcabe/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158.....
3i drama mounts as Sherborne ups stake
The private equity group has drawn the attention of an activist investor.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291acb22/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....
Sky snaps up rival O2's broadband business
Satellite broadcaster BSkyB is to leapfrog rival Virgin Media and become Britain's second biggest broadband provider, after striking a deal buy up the O2 broadband and landline telephone business.<img width='1' height='1' src='http://telegraph.fee.....
BSkyB overtakes Virgin in broadband race by buying O2 customers
Satellite broadcaster BSkyB is to leapfrog rival Virgin Media and become Britain's second biggest broadband provider, after striking a deal buy up the O2 broadband and landline telephone business.<img width='1' height='1' src='http://telegraph.fee.....
Commodity giant Glencore under spotlight over Iran
Glencore, the FTSE 100 commodity giant, supplied tonnes of raw material to an Iranian firm that supplied the country's nuclear programme, it emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291afcd2/mf.gif.....
Good News Britain: Taylor Wimpey's Pete Redfern on housebuilding recovery
Pete Redfern, chief of Taylor Wimpey, gives his view of the housing sector.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/291afaf4/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.c.....
US cuts and manufacturing slowdown fuel growth fears
A contraction in European and UK manufacturing and an easing in China is fuelling fears for the world economy just as America embarks on government spending cuts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29.....
Government wine cellar sells vintages to pay its way
Austerity has come home to roost at government's 2.95m wine cellar.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2919d91f/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/158.....
Lloyds shares drop on 'stock overhang' fears after report of government stake sale
Lloyds Banking Group shares dropped sharply after the state-backed lender reported a bigger than expected 1.8bn provison for mis-selling claims and worries of a "stock overhang" if the government sells its stake.<img width='1' height='1' src='http.....
German 'Google tax' to force search engines to pay for showing news extracts
Law will force search engines and news aggregators to pay royalties to publishers for showing extracts of their articles in search results.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2919d921/mf.gif' border='.....
Ex-UBS trader Kweku Adoboli appeals
The "out of control" ex-UBS trader serving a seven-year sentence for the biggest fraud in British history has applied for an appeal to overturn his conviction.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29199.....
Are these the best resignation letters ever?
Fiery resignation and post-fired letters that have been made public.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29199b36/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com/r/15.....
UK manufacturing shrinks unexpectedly in February, triggers slide in the pound
A shock contraction in British manufacturing last month dragged the pound below the psychologically important $1.50 mark for the first time in two-and-a-half-years.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
US sequester is a 'plague on both houses'
US political analyst, Dr James Boys, says the Democrats, Republicans, and ultimately the country, will all lose from politicians' failure to agree a deal to avert the $1.2 trillion collection of spending cuts, known as the sequester.<img width='1'.....
Good News Britain: Housebuilder Taylor Wimpey doubles profits
Taylor Wimpey continued the housebuilding sector's strong run of results, as its profits more than doubled to come in ahead of City forecasts.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2918c361/mf.gif' borde.....
Why the weekly supermarket trip is dying out
Four in 10 Britons are visiting the supermarket more than once a week, while 14pc shop every other day.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29199b39/mf.gif' border='0'/>.....
Almost 90pc of repossessed homes sold on at loss
Almost 90pc of all properties that have been repossessed since the start of the financial crisis are sold on at a loss, with the sale not covering the remaining mortgage, according to a new report by Fitch Ratings.<img width='1' height='1' src='ht.....
A do-it-yourself guide to claiming compensation
It can be tempting to pay a middle man to claim compensation for you - but follow these steps for free instead.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/29179578/mf.gif' border='0'/><br/><br/>.....
