Banks complain handover to FCA is delaying deals
This month's switch to new regulatory set-up has created a bottleneck, especially for smaller banks.....
Barclays employee named in Libor case departs
Former head of euro rates trading has left the bank.....
US bank loans far cheaper than in Europe
European banks charge record margins while US financing costs have dropped steadily.....
Bats Chi-X Europe names FN Rising Star as COO
Share-trading venue operator recruits senior technologist from rival Equiduct.....
Banks launch last-ditch protest over dark pool rules
Industry trade body petitions European ministers to rethink their position.....
Scott Ebner moves to global State Street role
The man in charge of developing exchange-traded funds at SPDR ETFs has been promoted to the new role of head of global product development and research for State Street Global Advisors.....
Fund chiefs criticise FCA probe into fees
Regulators move follows review of conflicts of interest in the sector.....
First-time managers brave fundraising
European buyout executives are preparing to launch their own funds despite a difficult environment for fundraising, particularly for first-time managers.....
More investors are favouring social clawbacks
Backing grows for clawbacks for directors whose decisions cause reputational damage.....
European financial transaction tax could cost US funds up to $35bn
First quantitative analysis of impact of levy comes as opposition intensifies and UK files legal challenge.....
Boeing 'may never find 787 fault'
Boeing has admitted that it may never know what caused the battery malfunctions that resulted in all its 787 Dreamliner aircraft being grounded......
News Corp settles phone-hacking case
News Corp reaches a $139m (91m) settlement with shareholders over complaints filed in relation to the UK phone-hacking scandal......
UK to sell nuclear fuel firm stake
The UK government is preparing to sell its one-third stake in Urenco, the world's second-largest provider of nuclear fuel......
BA places order for 18 Airbus A350s
British Airways orders 18 new Airbus A350s in a deal worth $6bn (3.92bn)......
Coca-Cola warns of possible job cuts
Coca-Cola Enterprises warns that 288 jobs are at risk across the UK, due to a planned change in the way its distributes its products......
Hasbro's results beat expectations
Toymaker Hasbro sees its results beat market expectations, despite seeing its losses widen as it continues cost-cutting efforts......
Google boss defends UK tax record
Speaking to the BBC, Google's executive chairman, Eric Schmidt, defends his company for paying just 6m in UK corporation tax in 2011......
ABB to make $1bn solar acquisition
Swiss engineering firm ABB says it is to buy Californian solar energy firm Power-One for $1bn, as it predicts a booming market......
Code of practice to help pub tenants
Proposals to help struggling pub tenants are unveiled by the government, including a new code of practice and a "powerful" adjudicator......
LED lighting sales boom at Philips
Philips, the world's top lighting maker, says LED sales rose 38% in the first quarter from a year earlier, as the Dutch group reports steady results......
Spain population shrinks amid crisis
Spain's population fell in 2012 for the first time in decades, as immigrants left the country amid a major economic crisis, official figures show......
Betfair rejects takeover approach
Online betting exchange Betfair rejects a 912m takeover approach from CVC Capital Partners and other investors......
New energy tariffs 'still confusing'
Reforms to energy tariffs could leave consumers struggling to find the best deal, says Which?, but the regulator argues the changes have been misrepresented......
London Market Report
Bank shares pull the market higher, with the FTSE 100 up 0.5% in morning trade......
Pret A Manger plans 500 new UK jobs
Pret A Manger says it plans to create 1,000 new jobs worldwide this year, with 500 in the UK, after reporting a rise in full-year profits......
Lufthansa flights hit by strike
German airline Lufthansa cancels the majority of its flights scheduled for Monday due to a strike......
Poor wheat harvest hits Weetabix
A poor wheat harvest forces Weetabix to reduce production of some of its products......
Pensioners 'should pay more tax'
Better-off older people should pay tax at the same rate as younger people on similar incomes, the Fabian Society think tank argues......
Osborne to extend lending scheme
George Osborne is set to boost lending to small businesses as he faces growing pressure over his austerity policies......
Business lobby group backs EU change
Hundreds of business leaders have formed a new lobby group Business for Britain to press the government to renegotiate the UK's deal with Brussels......
Few planning to migrate to UK - poll
The coming end of EU work restrictions for people from Romania and Bulgaria is having little impact on their plans to move, BBC surveys suggest......
Treasury dismisses SNP currency plan
UK Chancellor George Osborne believes the SNP "are tying themselves in knots" over plans to retain the pound in the event of a yes to independence......
VIDEO: Lufthansa flights hit by strike
German airline Lufthansa has cancelled the majority of its flights scheduled for Monday due to a strike over pay.....
VIDEO: Mongolia transformed by mining wealth
Justin Rowlatt examines for BBC Newsnight how Mongolia's new wealth is reshaping this very traditional nation......
VIDEO: Pret A Manger to create 1,000 jobs
Britain's leading sandwich chain Pret A Manger has announced a 17% rise in earnings for 2012......
AUDIO: Google boss defends UK tax record
Google's Executive Chairman, Eric Schmidt, has defended the company paying just 6m in corporation tax......
Experts stumped on crisis rethink
Economists still have no idea how to rescue the global economy.....
Scissor firm's 350-year history
The Chinese scissor-maker that has survived for 350 years.....
The peril of 'showrooming'
Can shops do anything about 'showrooming'?.....
U.S. Day Ahead: Apple estimates bleaker ahead of results
Apr 22 - Blame it on the numbers from suppliers like Cirrus Logic or retailers like Verizon, but Apple estimates look more pessimistic ahead of its earnings after the close......
NYSE pauses to remember Boston bombing
April 22 - The NYSE paused for a moment of silence at 2:50 EDT as Boston, Massachusetts marked the one-week anniversary of the marathon bombing. Rough Cut (no reporter narration)......
Techquity: Apple bruised but desirable say analysts
Apr 22 - Two analysts upgrade Apple's stock ahead of its earnings while eBay takes on Amazon......
Wealth Strategies: "Game over" for Japanese Yen - Taylor
Apr 22 - FX Concepts CEO John Taylor says the rally in the yen has been played out and feels the currency could hit 105 against the dollar by end of year, and 120 at the end of 2014......
Wealth Strategies: Short Euro, Pound but load up on USD
Apr 22 - Vassilis Dagioglu, Head of Asset Allocation Portfolio Management at Mellon Capital says the U.S. Dollar is still a safe haven......
Daily Digit: $184,300 for a home
Apr. 22 - The median price for a previously owned home rose to $184,300 in March in the U.S. Bobbi Rebell reports......
FACTBOX: The numbers behind Boeing's big fix
Apr 22 - Boeing began installing reinforced lithium-ion batteries on five grounded 787 jets in Japan, starting a process that should make the first commercial Dreamliners ready to fly again in a week......
Trading at Noon: Netflix and Apple move up before results
Apr 22 - Shares of Netflix and Apple are lifting the Nasdaq, ahead of earnings today and tomorrow......
Breakingviews: Judging Argentina
April 22 - Argentina is still battling holdout creditors from its 2005 and 2010 bond exchanges. Richard Beales and Reynolds Holding discuss how judges are making their mark with rulings in the case......
Lufthansa grounded by strike
April 22 - Germany's largest airline Lufthansa was virtually grounded and cancelled nearly all of its flights on Monday due to the second strike in a month by employees over pay. Like its European competitors, Lufthansa is in the middle of a restruct.....
Europe Day Ahead: Spring resurgance for PMIs?
April 22 - European leaders will be hoping for improved numbers from flash PMIs, while Spain tests the market with up to 3 bln-worth of short-term debt. Plus earnings from France Telecom and Arm Holdings......
Unhealthy healthcare markets hurt Philips
April 22 - Philips, the Dutch healthcare, lighting and consumer appliances group, reports better-than-expected first-quarter results as two years of restructuring pays off. But as Sonia Legg reports shares fell partly due to tough European and US hea.....
Market Pulse: Italian politics - some good news for once
April 22 - Investors welcome the re-election of Giorgio Napolitano as Italian president Italian bonds and stocks rise. And Credit Agricole says the feelgood factor will continue. Plus, $/yen ever closer to 100......
UK not OK, and euro zone growth as elusive as ever - Fitch
April 22 - Fitch strips Britain of its triple-A credit rating, and warns Japanification could see it cut further. And euro zone growth remains elusive, says Global Head of Sovereign Ratings David Riley......
A year of clutter for China's car market
April 22 - A bevy of new brands from the likes of Toyota and BMW will join Chinas already crowded car market in 2013, thanks to policies designed to help local automakers. But are they doing the opposite?.....
Jaguar Land Rover enjoying China 'honeymoon': CEO
Jaguar Land Rover will soon produce its iconic SUVs in China with an unusual choice of local partner - budget carmaker Chery. Jaguar Land Rover CEO Ralf Speth discusses the alliance and its prospects......
Breakingviews: ABB takes a shine to solar
April 22 - ABB is buying Power-One for $1 bln. The solar glut has spelt financial misery for many, but ABB says its target is in a sweet spot. ABB must show investors the strategy makes sense says Breakingviews......
Economy 2013: Obama healthcare reform dampens Philips Q1
April 22 - Philips CEO Frans van Houten says U.S President Obamas healthcare reform is preventing investment in the sector, an impact that will be felt into the second quarter......
Reuters Today:Boston suspect awaits charges, Nikkei G20 lift
April 22 - Boston marathon bomb suspect awaits charges, Nikkei powered to a near five-year high on G20, and Philips Q1 beats the street......
Robot swarms seen as guardians against future threats
April 22 - Researchers at Georgia Tech University in Atlanta are programming robots to work together. The scientists believe that in the future, robotic swarms could play an important role in assessing threats at high profile events like the Boston M.....
New implant brings high hopes for back pain relief
April 21 - A new spinal implant developed in Israel, has radically improved the life of at least one patient who, four years ago, believed he would spend his twilight years in constant pain. Seventy-nine-year-old Moshav farmer Yehuda Schwartz suffere.....
Break up large bank to create regional lenders, argues Archbishop of Canterbury Justin Welby
The Archbishop of Canterbury, the Most Rev Justin Welby, has called for Britain to "break up" one of its biggest banks to create a series of regional lenders.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b0819.....
Twitter signs its biggest-ever advertising deal
Twitter has signed its biggest-ever advertising deal worth hundred of millions of dollars in a move that highlights the increasing importance of the internet to global companies.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
Asda plans same-day delivery service in 700m UK investment drive
Asda is planning to introduce a same-day grocery delivery service as part of a 700m investment drive in the UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b08db59/mf.gif' border='0'/><div class='mf-vir.....
Republic customers to lose 1.2m from gift cards
Customers of fashion retailer Republic have lost 1.2m in gift vouchers after the company collapsed into administration.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b08db5c/mf.gif' border='0'/><div class.....
Hotpoint recall 71,000 dishwashers over fire fears
Hotpoint recalls 71,000 dishwashers as a potential fire hazard - a year after they were warned about safety problems.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b089e1a/mf.gif' border='0'/><div class='.....
Adam Crozier has transformed ITV but he needs a vehicle to accelerate growth
Chief executive Adam Crozier must hope that the next big show is ITV made and delivered.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b081945/mf.gif' border='0'/><div class='mf-viral'><table border.....
Government presses button on 3bn Urenco stake sale
The Government has signalled a new wave of privatisations to cut the public debt after finally putting its one-third stake in nuclear processor Urenco on the block with a price tag of up to 3bn.<img width='1' height='1' src='http://telegraph.feeds.....
Another fine mess as Bumi suspends shares
Embattled miner Bumi has been forced to suspend its shares after being ordered by its auditors to verify that 130 contracts at 85pc-owned Berau Coal do not contain any hidden liabilities.<img width='1' height='1' src='http://telegraph.feedsportal......
This economic funk won't go away until the eurozone crisis is fixed
Please make me chaste, but not yet. This famous prayer by St Augustine has been the defining characteristic of the policy response in advanced countries to the economic crisis ever since it began nearly six years ago.<img width='1' height='1' src=.....
News Corp settles lawsuit over phone hacking and Shine deal
Rupert Murdoch's News Corporation has reached a $139m (90m) settlement with shareholders over complaints filed against the company's board of directors over the News of the World phone hacking scandal.<img width='1' height='1' src='http://telegrap.....
Zaha Hadid named Veuve Clicquot businesswoman of the year
Judges hailed "iconic works" including Aquatics Centre for Olympics.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b07ecd4/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr>&l.....
'Beer ties' protect pubs and red tape will lead to more closures
We all love the Great British Pub. Yet pub companies are more hated than ever before. It is quite an achievement that the businesses behind one of our best-loved institutions are held in such low esteem.<img width='1' height='1' src='http://telegr.....
British Airways orders Airbus A350 planes in boost to UK manufacturing
British Airways' parent company has struck a deal with Airbus that could see it buy up to 36 of the manufacturer's long-haul A350 planes, in a move that will also provide a boost to British manufacturing.<img width='1' height='1' src='http://teleg.....
Banks at risk of excluding poorer customers, warns HSBC chairman Douglas Flint
The banking industry is at risk of "excluding" less well-off customers as it becomes too expensive to offer advice to many individuals amid revamped rules and procedures, according to Douglas Flint, the chairman of HSBC.<img width='1' height='1' s.....
Vince Cable intervenes in brawl between pub companies and tenants
Britain's biggest pub companies will be policed by a "powerful" government-backed body, under plans to protect tenant landlords from being "overcharged" for beer and rent.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
Albemarle and Bond loses lustre as FTSE 100 fades
Shares in pawnbroker tumbled as investors reacted to Friday's profit warning.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b06eccb/mf.gif' border='0'/><div class='mf-viral'><table border='0'><.....
British Airways to buy up to 36 Airbus planes worth $12bn
British Airways is to buy up to 36 long-haul Airbus A350 passenger planes worth almost $12bn at list prices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b06e8a5/mf.gif' border='0'/><div class='mf-viral'.....
Business news and markets: as it happened, April 22, 2013
Angela Merkel says eurozone states must cede their sovereignty if the bloc is to overcome its debt crisis, Bank of Cyprus bail-in extends to previously exempt groups.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
HSBC: Banks should 'reward staff who escalate concerns'
The banking industry should reward staff who escalate concerns and screen individuals for ethical behaviour during recruitment to improve corporate culture, according to Douglas Flint, the chairman of HSBC.<img width='1' height='1' src='http://tel.....
Business news and markets: live
Angela Merkel says eurozone states must cede their sovereignty if the bloc is to overcome its debt crisis, Bank of Cyprus bail-in extends to previously exempt groups.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Monopoly cat competition boosts sales at Hasbro
Hasbro's first-quarter results have beaten Wall Street expectations as the toy maker benefited from an online competition that let people vote to change one of its Monopoly tokens.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Monopoly cat competition boosts salses at Hasbro
Hasbro's first-quarter results have beaten Wall Street expectations as the toy maker benefited from an online competition that let people vote to change one of its Monopoly tokens.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Angela Merkel: 'Europe has the last word in certain areas'
Countries in the eurozone must accept that Europe "has the last word" and need to work together more closely if the continent is to avoid going into decline, German chancellor Angela Merkel has warned.<img width='1' height='1' src='http://telegrap.....
Luxembourg supports Britain's legal challenge to Financial Transaction Tax
The finance minister of Luxembourg has thrown his weight behind Britain's legal challenge of Europe's controversial financial transactions tax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b03f1d6/mf.gif' bord.....
Mining slowdown hits Caterpillar profits
Global bellwether's quarterly profits halve, hit by the slowdown in mining.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b051143/mf.gif' border='0'/><div class='mf-viral'><table border='0'><t.....
