Marshall Wace and GaveKal go their separate ways
Hedge fund manager and Asian finance group dissolve joint venture.....
Fresh valuation rise shows buyout groups weathering the storm
Last year continued a strong run in net asset values, despite some portfolio firms being over-levered.....
UK banks face criminal probes in battle against corruption
Lawyers predict fresh round of regulatory and legal action over bribery and corruption cases.....
Morgan Stanley puts European wealth arm up for sale
Buyers sought for bulk of wealth business as US bank eyes cost savings.....
UBS bankers face no jam today with bonus day doughnuts
Up to half of staff at Swiss group's investment bank face the prospect of a zero bonus.....
Nikko weighs second bite at Tokyo flotation
CEO of $150bn-plus Japanese asset manager targets IPO within 18 months.....
UBS eyes Asia with first Hong Kong ETF listing
Swiss bank looking to take advantage of growing regional ETF market.....
Backlash pushes pension reforms to the brink
Fifth EU country comes out against controversial reforms, leaving the vote on a knife-edge.....
3i enters talks over managed accounts
UK private equity firm is offering a handful of long-standing investors private terms.....
MarketAxess hires new Europe chief
Bond trading platform operator recruits ex-Deutsche Börse director as European CEO.....
London seeks infrastructure tsar (again)
Boris Johnson ; on behalf of the London Pensions Fund Authority ; is advertising again for a new board member with extensive experience in large infrastructure financing.....
Economic muddle of Chavez legacy
Venezuela's President Hugo Chavez bequeaths a nation beset by crumbling infrastructure, unsustainable public spending and underperforming industry......
World stock markets hit new highs
New York's Dow Jones share index sets a new all-time high, while London's FTSE 100 closes at it highest level in five years......
Saudi prince in Forbes list dispute
Saudi Arabia's Prince Alwaleed Bin Talal accuses Forbes magazine of understating his wealth as he severs ties with the magazine......
PPI complaints rise 'unprecedented'
The financial ombudsman service is taking on 2,000 new cases a day following PPI complaints, with numbers rising at "unprecedented" rates......
UK isolated as EU backs bonus cap
Chancellor George Osborne stands isolated after European Union finance ministers vow to press on with proposals to curb bankers' bonuses......
Thomson delays start of 787 flights
Thomson cancels plans to start services using Boeing's 787 Dreamliner planes in May, transferring long-haul passengers to its 767 aircraft......
Axminster Carpets to cut 300 jobs
About three-quarters of a 400-strong workforce are to lose their jobs at a troubled carpet firm in Devon, administrators say......
London Market Report
Shares in commodities trader Glencore rise 1.9% and mining group Xstrata gain 2.5% as they both update the market ahead of their merger......
Bank sees profits rise despite fine
Standard Chartered bank increases profits despite being hit by a $667m (440m) fine in the US for breaking sanctions on Iran......
Young drivers 'could save 370'
Young drivers could save up to 370 a year on their car insurance if the government introduced new safety standards, the Association of British Insurers says......
Short-termism 'damaging UK growth'
Short-termism has become an "entrenched feature" of British business and is damaging economic growth, a report for Labour says......
Paddy Power reports 'strong year'
Bookmaker Paddy Power reports a rise in 2012 profits and revenues, but warns that a strong euro could reduce operating profits this year by 10%......
China keeps growth target at 7.5%
China leaves its economic growth target for the year unchanged at 7.5%, as it looks to expand at a steady pace and maintain social stability......
'Most powerful' Rolls-Royce on show
Rolls-Royce displays its new superfast Wraith, which it hopes will help attract new customers as its rivalry with the slightly cheaper Bentley heats up......
Apprentice winner 'overpaid lackey'
A winner of The Apprentice TV show tells an employment tribunal that she was just an "overpaid lackey"......
Banks reduce their lending further
The number of loans being offered by banks has continued to fall, prompting the business secretary to say its Funding for Lending scheme may need to be improved......
Civil service union votes to strike
The UK's largest civil service union, PCS, votes for strike action over pay and pensions, paving the way for possible walkouts to coincide with the Budget later this month......
No 10 'considering EU benefit curbs'
Government plans to clamp down on "benefit tourism" could see both Britons and immigrants affected by changes to the rules on entitlement......
UK retail sales show faster growth
UK retail sales grew at their fastest rate in more than three years in February, as the drier weather coaxed shoppers back out onto the High Street......
Construction output falls again
Output in the UK construction sector fell again in February, a survey indicates, as the sector suffered its worst month since October 2009......
Slim tops Forbes rich list again
Mexican tycoon Carlos Slim again comes top of Forbes magazine's annual list of the world's richest billionaires, while Warren Buffett slips back......
Debenhams issues profits warning
Shares in department store Debenhams fall 14% after the firm said bad weather in January would dent its profits for the first half of 2013......
Fines and mis-selling cost HSBC $4bn
HSBC reveals it paid $4.2bn to cover money laundering fines and the cost of product mis-selling in 2012, as the chief executive's pay rose to $7m......
Rolls-Royce paid no corporation tax
International engine builders Rolls-Royce paid no corporation tax in the UK in 2012, its annual report reveals......
Liverpool positive despite debt rise
Premier League football club Liverpool says it is getting its finances in order, despite a large rise in its debts in the 2011-12 financial year......
Rangers report 7m operating loss
Rangers Football Club report an operating loss of 7m although they say "extraordinary progress" has been made......
VIDEO: Have Dow figures really got the wow?
New York's Dow Jones share index set a new all-time high on Tuesday, returning to levels not seen since before the global financial crisis, as Michelle Fleury reports......
VIDEO: Could you feed yourself on 1 a day?
Former Scottish First Minister Jack McConnell explained why he was going to live on 1 a day for food to highlight how one billion people have to manage on that in parts of the world......
VIDEO: High Street winners and losers
UK retail sales grew at their fastest rate in more than three years in February, contrasting with the poor fortunes of some High Street brands which have struggled or gone into administration......
VIDEO: EU bonus plan 'insanity personified'
Proposals by the European Parliament to limit bankers' bonuses are "insane" according to veteran broker David Buik......
VIDEO: French fast food outsells bistros
Fast food has outsold table service restaurants for the first time in France, according to new research......
AUDIO: 'Good signs' for UK manufacturing
Roland Aurich, chief executive of the European division of Siemens, says "British manufacturing is really catching up" with the rest of Europe......
AUDIO: London has 'sucked power' from cities
Lord Heseltine says London has "largely dominated" businesses in Britain......
AUDIO: Bankers' bonus cap 'threat'
EU finance ministers are set to debate a controversial cap on bankers bonuses on Tuesday......
Geneva car show: Luxury and crisis
Supercars for the super rich, despite the hard times.....
Why tiny cameras are big business
The rise of small high-definition cameras.....
VIDEO: Inside Microsoft's house of the future
The house of the future unveiled at the tech giant's HQ.....
U.S. Day Ahead: S&P 500 to follow Dow's lead?
March 5 - S&P 500 closes in on all-time high, something Dow Jones Industrial Average reached Tuesday......
IHS CERAWeek: Suncor will steadily increase dividends - CEO
Mar 5 - Suncor CEO Steve Williams is encouraged by findings the Keystone Pipeline will have little environmental impact and says the company will continue raising its dividend as production increases.....
IHS CERAWeek: It's boom time for petrochemicals
Mar 5 - Petrochemical exports and production have expanded in a "big way", according to Stephen Pryor, President of ExxonMobil Chemical Company......
ECONOMY 2013: Private hiring could be solid in 2nd half of 2013
Mar. 5 - Private companies could hire up to 200,000 people a month in the second half of 2013, according to ADP CFO Jan Siegmund......
Techquity: China vs.Google, more trouble for HP's board
Mar 5 - China takes issue with Google's dominance while several Hewlett-Packard directors face opposition......
Daily Digit: 14,164 old Dow high
Mar 5 - The Dow is heading for the history books, pushing through its 14,164.53 closing record from October 9, 2007. Conway G. Gittens reports......
Dow new high: buy, sell or hold?
Mar 5 - A look at differing views on how stock investors should play the market as the Dow sets an all-time trading high. Fred Katayama reports......
Breakingviews: Revolving door
March 5 - Richard Beales and Breakingviews editors discuss why the U.S. Treasury needs a banker as new Secretary Jack Lew's deputy and whether Morgan Stanleys Ruth Porat is suited for the job......
Rome, like Vatican, unsure who will lead next
March 5 - Italians fear consequences of political stalemate after last week's general election, in which comedian Beppe Grillo's 5-Star Movement won a huge protest vote, left no group with a working majority in parliament, though Europe may not have .....
IHS CERAWeek: Regulation biggest risk to energy independence
Bans on fracking in some states could get in the way of the U.S. achieving energy independence within ten years, according to IHS Chief Economist, Nariman Behravesh......
UK fights alone against EU bonus cap
March 5 - Britain's Finance Minister George Osborne was isolated when he met with his EU counterparts on Tuesday, as the UK is the only member state which wants to water down a European cap on bankers' bonuses. The City of London is the region's fina.....
Trading at Noon: Dow hits all-time high; JCPenney sinks
Mar 5 - The Dow hit its all-time high today as the S&P approaches its record; Vornado dumps its stake in JCPenney, sending shares lower, while Martha Stewart heads to court on JCP/Macy's product war......
Cancer detection as easy as popping a pill
March 5 - Researchers at Massachusetts General Hospital in Boston have developed a device they say will revolutionize the way doctors screen for esophageal cancer. The pill-sized scanner uses lasers to generate a 3D model of the esophagus with micros.....
Carmakers' fear over Europe recovery
March 5 - The prospects for Europe's ailing car market have got worse in recent months and demand is likely to remain shaky for at least five years as governments push through austerity measures to cut their debts, say industry leaders at the Geneva .....
Kenya to push for ivory trade crackdown at Bangkok CITES meeting
March 5 - Kenya will be pushing for a crackdown on the illegal ivory trade in Asia at this week's Convention for the International Trade of Endangered Species (CITES), in Bangkok, Thailand. Conservationists in Kenya's famous national parks are report.....
Europe Day Ahead: Euro zone revised Q4 GDP to confirm gloom
Mar. 5 - The revised reading of the euro zones fourth-quarter GDP is expected to confirm the bloc contracted at its fastest pace in four years. Poland seen cutting interest rates and Germany sells debt......
Daimler boss Zetsche running low on gas
Mar. 5 - Sputtering sales and a flagging share price are putting Daimler CEO and Mercedes Benz head Dieter Zetsche under mounting pressure......
Rail reshuffle to test China's reform tolerance
Chinas Railways Ministry will be dismantled, part of a housecleaning operation by incoming premier Li Keqiang, sources say. Breakingviews John Foley discusses the unenthusiastic market response......
Breakingviews: Bankers bonuses: flout now - pay later
Mar. 5 - UK bankers need to keep with the spirit of new EU bonus laws, or risk incurring further public ire and greater penalties in the long-term, says Breakingviews......
Audi CEO Stadler takes aim at number 1 luxury car maker spot
Julian Satterthwaite how he plans to oust BMW as the world's biggest luxury car maker......
Economy 2013: InterContinental Europe CEO targets Russia
Mar. 5 - InterContinental Hotels Europe CEO Angela Brav says the group will double its presence in Russia and introduce the Holiday Inn Express brand there for the first time......
Reuters Today: Cyprus bailout - will it include a 'bail-in'?
Mar. 5 - Cyprus will be the fourth euro zone country to be bailed out, but no one's quite sure how. Plus, Britain's lonely fight against curbs on bankers' bonuses, and a day of pomp and ceremony in Beijing......
Jaguar Land Rover optimistic, or crazy?
Amid all the doom and gloom over the European car industry Jaguar Land Rover is one of the few brave enough to predict rising sales. Julian Satterthwaite asks CEO Ralf Speth why he thinks he can buck the market......
FACTBOX: China military spending jumps while America's slumps
China has unveiled a near 11-percent increase in its 2013 military budget at the National People's Congress, just as the U.S. cuts back on its much larger defense earmark......
Renault eyes great escape
Mar. 5 - Slumping markets and declining profits - but positive cash flow and a robust balance sheet: Renault-Nissan boss Carlos Ghosn says the signs of a rebound are there for the embattled car maker......
Winterbourne View owners go into adminstration
The scandal hit company behind the Winterbourne View care home have gone into administration.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293d87fa/mf.gif' border='0'/><br/><br/><a href="http:.....
IKOS court case centres on who owns the software
An estranged hedge fund couple at the centre of long and bitter dispute over intellectual property returned to the High Court on Tuesday in a bid to determine who owns the rights to their fortune.<img width='1' height='1' src='http://telegraph.fee.....
Wall Street's break-up with Apple holds lessons for Google
The co-founders of Google are almost $10bn (6.6bn) wealthier than they were just a year ago, according to the Forbes Rich List published this week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293d87ff/mf.gif' .....
Britain bucks trend in 'absolutely terrible' start to year in Europe
The British car market has bucked the trend in Europe of an "absolutely terrible" start to the year, according to some of the industry's most senior leaders.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293cbb8.....
npower profits soar despite loss of 70,000 customers
"Big Six" energy supplier npower's annual profits soared 25pc after customers turned up the heating in the cold weather.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293cbb8b/mf.gif' border='0'/><br/>&.....
G4S selling US government arm after revenues falter
G4S, the security company responsible for the Olympics staffing fiasco, is selling its US government business after budget cuts and delays hit revenues at the division.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
China will struggle to hit growth target, says Wen Jiabao
China's outgoing premier has warned that the country's growth target of 7.5pc this year could be hard to achieve.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293cee02/mf.gif' border='0'/><br/><br/&.....
EasyJet flies into the FTSE - despite the turbulence
Collett Everman Woolman knew a thing or two about the aviation business. "Running an airline is like having a baby: fun to conceive, but hell to deliver," the late Delta Air Lines founder once declared.<img width='1' height='1' src='http://telegra.....
FSA Libor report: officials could not see the wood for trees
It is easy to imagine the situation. You are a junior regulator trying to gain intelligence on the financial health of the country's major banks amid a worsening financial crisis and all the workers at Barclays seem to want to talk about is how other.....
FSA was warned of 'significant' Libor problem in 2008
Bank regulators realised as early as 2008 that manipulation Libor could pose a "significant" problem for the banking industry, it has emerged.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293cb28f/mf.gif' borde.....
Cypriot crisis deepens as 'haircut' fears drive capital flight
Capital flight from Cyprus has accelerated since eurozone politicians began threatening losses for bank depositors, and may have reached 12pc of the country's GDP over the last month.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
SFO rejects Tchenguiz damages claims
The Serious Fraud Office has strongly rejected accusations that it abused its powers and acted "recklessly" during its three-year investigation of property tycoon Vincent Tchenguiz.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Future of UK exports is with Brics not Europe, says O'Neill
British manufacturers must not be "blindsided" by the importance of trading with Europe because the "big future for exports" is with emerging markets, according to Jim O'Neill, chairman of Goldman Sachs Asset Management.<img width='1' height='1' s.....
Global stock markets surge as Dow fuels rally
Stock markets across the world surged to new highs on Tuesday on the back of renewed optimism in the global recovery and strong corporate results.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293cb292/mf.gif' b.....
Global stock markets surge
Stock markets across the world surged to new highs yesterday on the back of renewed optimism in the global recovery and strong corporate results.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293cafca/mf.gif' bo.....
Hard-pressed aspiring classes need more optimism from George Osborne
It is time for a dramatic change of approach from George Osborne. He needs a fresh message, conveyed in a new language: the priority must now be to reduce tax and spending to boost growth, not to "balance the books".<img width='1' height='1' src='.....
Mining shares highlight risks in a volatile sector
Centamin's rise and Lonmin's fall reminded investors of the pitfalls they face.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293cafce/mf.gif' border='0'/><br/><br/><a href="http://da.feedsport.....
Regus hits back at Yahoo!'s ban on working from home
Regus, the world's biggest provider of temporary office space, has ridiculed the chief executive of Yahoo! after she banned working from home and said it is "critical" that staff are in the office.<img width='1' height='1' src='http://telegraph.fe.....
Regus hits back at Yahoo!'s ban on working from home
Regus, the world's biggest provider of temporary office space, has ridiculed the chief executive of Yahoo! after she banned working from home and said it is "critical" that staff are in the office.<img width='1' height='1' src='http://telegraph.fe.....
Meggitt says Dreamliner battery charger given all-clear after tests
Meggitt has said its battery charger for the 787 Dreamliner has been given the all-clear by regulators after a series of tests on the Boeing aircraft.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293cae24/mf.gi.....
Why does the Dow matter?
The Dow Jones has broken through its pre-crisis peak to hit an all-time high. Why should you care?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/293c0e3b/mf.gif' border='0'/><br/><br/><a href=".....
Hundreds more jobs lost as Axminster collapses and Dreams takeover nears
Hundreds more jobs are to be lost in the retail industry after Axminster Carpets fell into administration and private equity group Sun European Partners edged closer to a takeover of bed group Dreams that is likely to result in the closure of stores......
Serco profits up as it wins record number of contracts
Serco, the operator of London's "Boris Bikes" and the Docklands Light Railway, has sharply increased its dividend payout after winning a record number of contracts in 2012.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
George Osborne isolated against Europe's bonus curb
George Osborne vowed to water-down European pay rules - even as leaders declared a "crystal clear" deal to cap bonuses and some called for the restrictions to be extended to bank salaries too.<img width='1' height='1' src='http://telegraph.feedspo.....
Osborne isolated against Europe's bonus curb
George Osborne vowed to water-down European pay rules - even as leaders declared a "crystal clear" deal to cap bonuses and some called for the restrictions to be extended to bank salaries too.<img width='1' height='1' src='http://telegraph.feedspo.....
