Portugal to cut civil service jobs
Portugal plans to cut 30,000 civil service jobs and raise the retirement age to 66 as it tries to meet bailout conditions, the prime minister says......
US job creation strong in April
The Dow Jones surges through 15,000 after news that 165,000 jobs were created in April, much better than economists had predicted......
RBS 'ready to privatise in a year'
The chairman of Royal Bank of Scotland (RBS) says the bank will be ready to return to the private sector next year, as it reports a return to profit......
Minimum drink price challenge fails
A legal challenge to the Scottish government's plans to introduce minimum pricing per unit of alcohol has failed......
Yeung loses bid to stop HK trial
Birmingham City football club owner Carson Yeung fails in his final attempt to have a Hong Kong trial accusing him of money-laundering thrown out......
France to enter recession, EU says
The eurozone economy will shrink more than expected this year, with France sliding into recession, a European Commission report says......
Adidas shares jump on profits rise
Adidas, the world's second biggest sportswear firm, posts higher profits despite seeing sales fall in the first three months of 2013......
Jobs to go in Nationwide shake-up
A total of 500 jobs are expected to go as Nationwide integrates three regional building societies into its main operations......
LinkedIn shares hit by weak forecast
Shares of LinkedIn fall more than 10% in after-hours trading in New York, after a weaker-than-expected forecast for the current quarter......
Japan signs Turkey nuclear deal
The Turkish government has signed a $22bn (14bn) deal with a Japanese-French consortium to build a new nuclear power station......
UK services sector growth speeds up
The UK's services sector, which accounts for around 75% of the economy, grew by its fastest rate in eight months in April, new data suggest......
Jump in new home registrations
The house-building industry has reported a significant jump in the number of new homes being registered......
Insolvencies at new five-year low
The number of people and businesses becoming insolvent has fallen to its lowest level for five years, according to government figures......
Car plant achieves job cut targets
Car maker Honda announces it has achieved its job cut target at its Swindon plant mainly through voluntary redundancy......
Warren Buffett Twitter followers jump
Legendary US investor Warren Buffett looks set to be one of Twitter's most followed users as thousands flock to follow him......
India cuts rates to stimulate growth
India has cut interest rates for the third time this year in an attempt to revive growth in its sluggish economy......
Qatar fund buys into India's Bharti
India's largest mobile phone operator, Bharti Airtel, agrees to sell a 5% stake to Qatar Foundation Endowment as it looks to strengthen its finances......
Shortfall fears for mortgage holders
More than a million people with interest-only mortgages face a financial crunch when they have to pay them off, the regulator warns......
Tablet computer sales are soaring
Analysts say sales of tablet computers globally are soaring, but Blackberry boss claims the format will be dead within five years......
Bank of Canada names new governor
The Bank of Canada names long-term bureaucrat Stephen Poloz as its new head, replacing Mark Carney who is going to run the Bank of England......
ECB 'ready to act if needed'
The European Central Bank says its "ready to act if needed", as it cuts its benchmark interest rate to a new record low of 0.5%......
Man Utd posts record quarterly sales
Manchester United reports record sales of 91.7m for the third quarter, but also sees its wage bill jump by a quarter......
BSkyB to create 550 new jobs
BSkyB says it will create 550 new jobs as it reports a rise in profits for the nine months to March......
Shell chief executive to step down
Europe's largest oil company Royal Dutch Shell announces that its chief executive will step down in the first half of 2014......
Olympic Stadium gets World Cup games
The Olympic Stadium will host five games at the 2015 Rugby World Cup which will be held in England and Wales......
AUDIO: RBS boss: Profits 'show recovery'
The Royal Bank of Scotland (RBS), which is 81% government owned, has posted profits before tax of 826m for the first quarter of this year......
VIDEO: Buffett's 'Woodstock for capitalists'
Legendary US investor Warren Buffett will host his annual shareholder meeting this weekend with almost 35,000 investors in attendance......
VIDEO: 180 degree television for the home?
BBC News takes a look at a new filming and projection technique which aims to create an enhanced, immersive experience, augmenting traditional screen viewing......
AUDIO: Exporter confidence on the rise
Latest research from the British Chambers of Commerce suggests that confidence among exporters is on the rise, although it's still down from this time last year......
VIDEO: Need to Know: 100 years of Indian cinema
Indian cinema has thrived in the 100 years since the release of its first silent film - Raja Harishchandra - on May 3 1913 and its popularity shows no signs of waning, as Roopa Suchak explains......
AUDIO: Is Electrolux 'in retreat' in UK?
Keith McLoughlin, chief executive of the Swedish company AB Electrolux, the world's second biggest household appliance maker, told Today business presenter Simon Jack that it was his job to "bring more relevant consumer innovation" to the industry......
VIDEO: Retailer calls for Bangladesh action
The Bangladesh government must do more to improve its clothes manufacturing industry, according to UK-based company Wilson Imports......
VIDEO: One World Trade Center spire raised
The spire is hoisted to the top of One World Trade Center in New York City, making the skyscraper the tallest in the Western Hemisphere......
Bollywood goes hi-tech on low budget
The changing face of modern Indian cinema.....
Meet New York's latest start-ups
Lost keys are a thing of the past for one NY tech start-up.....
Stopping another Bangladesh tragedy
Stopping another Bangladesh tragedy.....
Economy key in Malaysia's tightest poll
Economic issues hotly debated as Malaysia votes.....
Staff fly to NZ for UK night shifts
Staff from Wrexham work the night shift in New Zealand.....
Buffett 2013: Value investor to Buffett: Buy Ikea!
May 3 - Wedgewood Partners' Chief Investment Officer, David Rolfe, says the only furniture business that could move the elephant needle for Buffett is private furniture retailer Ikea......
U.S. Week Ahead: Hershey's or IKEA? What does Buffett want?
May 3 - Investors are hoping to hear what's Warren Buffett's next big target at Berkshire Hathaway shareholder meeting on Saturday......
Job jump
May 3 - The unemployment rate came down to 7.5 percent in April- and this time it was for a good reason . Bobbi Rebell reports......
Daily Digit: 7.9 mln in part-time limbo
May 3 - The U.S. job market showed surprising strength in April, but 7.9 million Americans are stuck working part time. Conway G. Gittens reports......
Techquity: Overreaction to LinkedIn, Intel's future focus
Breakingviews Columnist Rob Cyran gives his take on LinkedIn's quarter and Intel's future with a new CEO......
Daily Digit: 7.9 mln in part-time limbo
May 3 - The U.S. job market showed surprising strength in April, but 7.9 million Americans are stuck working part time. Conway G. Gittens reports......
Buffett 2013: Recipe for Buffett's next takeover: Hershey
May 3 - Jeff Matthews, founder of Ram Partners LP says Berkshire Hathaway would make a wonderful home for Hershey, citing the protection chocolate offers against inflation and Buffett's love of junk food......
Trading at Noon: Stocks that Buffett may find appetizing
May 3 - Ahead of Berkshire Hathaway's annual shareholders meeting, we talk to Agnes Crane about whether there are more deals in the works......
Breakingviews: Buffetts annual powwow
May 3 - Reynolds Holding and Agnes T. Crane discuss why Berkshire Hathaway shareholders should be in a better mood this year at Warren Buffetts annual shindig this weekend......
One year on, economic reality bites for France's Hollande
May 3 - One year into the job, French President Francois Hollande's popularity rating is around 25%, after the sharpest fall for any president in over half a century. Joanna Partridge reports how Hollande's first year in power has been marked by a st.....
Glencore Xstrata charms investors with cost cut promise
May 3 - The world's fourth largest mining company, Glencore Xstrata, begins trading on the London Stock Exchange on Friday after the completion of the $30 billion acquisition of Xstrata. Joanne Nicholson looks at the company's game plan in a climate .....
Buffett 2013: U.S. ills to persist; invest in foreign markets
May 3 - Tom Russo, partner at Gardner Russo & Gardner, says the U.S. fracking boom is overrated and QE3 is putting perilous leverage on U.S. markets. He says emerging markets & Nestl are the places to invest......
ECONOMY 2013: Constellation will consider paying a dividend
May 3 - Constellation Brands CFO Robert Ryder says the company will think about paying a dividend for the first time after it pays down its debt......
FACTBOX: Which global brands do consumers buy most?
May 3 - A survey by Kantar Worldpanel reveals which global brands are most frequently bought by consumers. There are thirteen global brands chosen by consumers more than a billion times a year, including Pepsi, Nescaf and Dove. But which brand is the.....
Harvard scientists demonstrate first "Flight of the Robobee"
May 3 - Scientists at Harvard University have demonstrated the first controlled flight of an insect-sized robot drone. Called Robobee, the machine was designed to mimic flying insects for use in a number of fields including environmental research and.....
Europe Week Ahead: No stimulus please, were British
May 3 - A Bank of England policy decision looms but analysts are betting against any fresh stimulus, while a G7 meeting in London may also produce little drama. French bank earnings also due......
Wealth Strategies: U.S. economy stuck in stagnation
May 3 - A panel of economists and fund managers say despite the better-than-expected April employment report, a labor force participation problem still exists and to expect soft numbers in coming months......
More bodies emerge from Bangladesh building collapse
Families search for the bodies of loved ones as the death toll in last week's Bangladesh factory collapse rises above 500. Canadian retailer Loblaw vows to continue sourcing from Bangladeshi factories while pushing for better building codes. Lindsey .....
U.S. Morning Call: Stock futures lower ahead of jobs report
May 3 - U.S. stock futures slightly lower ahead of crucial April jobs data expected to show an increase in payrolls.....
Reuters Asks: Do Deficits Matter?
asks if budget deficits are an acceptable way for governments try and kick start their economies.....
Market Pulse: Draghi negative rates an empty threat
Neal Kimberley......
It will take more than Abenomics to boost Japan Inc
May 3 - Major Japanese firms such as Toyota and Sony report earnings a few months after Japan's prime minister Shinzo Abe moves to reflate Japan's economy. Tara Joseph says what to expect in Asia next week......
Reuters Breakingviews: RBS still a tough sell
May 3 - State-backed bank RBS is back in profit for the first time in 18 months, but Breakingviews says it will still have a tough time making the case for a quick privatisation......
Malaysia poll fraud fears
May 3 - Fraud rumours are doing the rounds even before polling stations open for Malaysia's general election. Paul Chapman reports......
Reuters Today: RBS Back in Black
May 3 - State-backed RBS returns to profit for the first time in 18 months, potentially paving the way for the government to start selling its stake......
Portugal to slash 30,000 public sector jobs and raise retirement age
Portugal's prime minister has announced that the government plans to slash 30,000 public sector jobs as part of a sweeping package of spending cuts to satisfy international creditors.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
George Osborne should privatise the banks and be damned
Lloyds and RBS shares will always trade at a discount while large chunks are in public hands.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b7c92e0/mf.gif' border='0'/><div class='mf-viral'><table b.....
Commerzbank concedes defeat in 52m bonus case
Commerzbank has conceded defeat in its long-running battle with 104 London-based bankers over 52m (44m) in unpaid bonuses.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b7c8b45/mf.gif' border='0'/><div cl.....
Time to exit? Banks weigh up prospect of stake sales
With sales on the horizon, attention on the price will only increase.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b7c8fef/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr>&.....
Time to exit: banks weigh up prospect of stake sales
Ever since the taxpayer first pumped tens of billions of pounds into Royal Bank of Scotland and Lloyds, the issue of how to dispose of these large and unwanted holdings has been at the forefront of the banks' agendas.<img width='1' height='1' src=.....
Goldman drags on African Barrick
The gold miner suffered the heaviest fall on the FTSE 250 today.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b7bc479/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td.....
FTSE 100 closes near five-year high aided by services
The UK's benchmark share index ended the week close to a five-year high on the back of strong signals from the mammoth services sector and encouraging US jobs figures.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300.....
Investment tips: Glencore Xstrata worth a look
Questor editor Garry White explains why he now thinks Glencore Xstrata is a buy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b7b3b7a/mf.gif' border='0'/><div class='mf-viral'><table border='0'>.....
Food chain fears boost Electra Private Equity
Electra Private Equity has sold its stake in animal tagging business Allflex for 255m<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b7ae4fd/mf.gif' border='0'/><div class='mf-viral'><table border='0.....
Britain can't abandon austerity for fiscal stimulus - EC
Britain's increasing debt burden and poor growth prospects means it cannot abandon austerity for fiscal stimulus measures, the European Commission has warned in its spring economic forecast.<img width='1' height='1' src='http://telegraph.feedsport.....
Osborne passes 'Trial of the Pyx'
Chancellor was put on trial on Friday, but happily, the verdict went his way.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b79ea21/mf.gif' border='0'/><div class='mf-viral'><table border='0'><.....
Virgin Money launches 3pc best buy savings
Money MOT: We assess the new range of fixed rate accounts from Virgin Money which includes Isas and savings bonds.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b79e7f6/mf.gif' border='0'/><div class='mf-.....
Investment in Isa funds drops by 50pc
Industry figures show sales dropped to 1bn for 2012/13 despite 347m being pumped in during the last five days of the tax year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b7b2e2e/mf.gif' border='0'/><di.....
Investment in Isa funds crashes by 50pc
Industry figures show sales dropped to 1bn for 2012/13 despite 347m being pumped in during the last five days of the tax year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b79e7f8/mf.gif' border='0'/><di.....
Nationwide rebrand may lead to closures
More than 40 building society branches could close after Nationwide rebrands the three other mutuals that it took over during the financial crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b79e7fb/mf.gif' .....
Apple supplier Laird reports sharp drop in orders
A sharp drop in orders from its top customer, believed to be Apple, has hit revenues at the smartphone components supplier Laird.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b79e22f/mf.gif' border='0'/><.....
EU growth forecast reversed amid deeper than expected recession
Record levels of unemployment and shrinking investment means the eurozone's economy will contract more than expected in 2013, the first ever two-year slump for the single currency area, according to European Commission figures today.<img width='1'.....
US unemployment hits four-year low
The US added 165,000 jobs in April, beating analyst forecasts of an additional 148,000 roles, as unemployment unexpectedly fell to a four-year low of 7.5pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b78ca3e.....
Commerzbank not to appeal 52m bonus payout
Commerzbank has chosen not to appeal a UK ruling that forces it to pay more than 100 London-based former employees at least 52m (43.8m) in unpaid bonuses.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b77f264/m.....
Direct Line profits up 47pc in first quarter
Direct Line Group, Britain's biggest car insurer, reported a 47pc rise in quarterly pre-tax profit despite a fall in premiums as the company reduced its exposure to riskier drivers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
George Osborne should start selling the government's RBS and Lloyds stakes now
The question for the government on part-state owned bank is: Why not sell some shares now? The answer should be a resounding yes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2b77259d/mf.gif' border='0'/><.....
UK services sector hits eight-month high
The UK services sector posted the steepest increase in activity for eight months, boosted by the sharpest growth in sales in nearly a year, in a further sign the economic recovery is gathering pace.<img width='1' height='1' src='http://telegraph.f.....
Chairman Philip Hampton: RBS ready to privatise in 2014
Taxpayer-backed Royal Bank of Scotland said the Government should be able to start selling off its stake within a year as the bank today reported its best quarterly profit since 2011.<img width='1' height='1' src='http://telegraph.feedsportal.com/.....
'No champagne' for bosses though Glencore Xstrata shares rise on debut
Billionaire CEO Ivan Glasenberg said he will not be cracking open the champagne for another five years, even as shares in his new mining giant Glencore Xstrata enjoyed a strong start to trading.<img width='1' height='1' src='http://telegraph.feeds.....
Glencore Xstrata shares rise on market debut
Glencore Xstrata shares rose more than 1pc on Friday as the giant mining and commodities group began trading in London, promising to return excess capital to shareholders via dividends or share buy-backs.<img width='1' height='1' src='http://teleg.....
