MPs back new whistle-blowing rules in the UK
British politicians want to introduce US-style rules that encourage whistle-blowers to reveal malpractice by offering them financial incentives and greater protection.....
Credit chief at London Whale bank prepares hedge fund launch
Tolga Uzuner is preparing to launch a credit hedge fund, according to a person familiar with the situation.....
Marex takes axe to foreign exchange
Marex Spectron, the commodities futures brokerage, has closed its foreign exchange desk in New York.....
BlackRock tops the European charts in battle of the brands
BlackRock has retained its position as the strongest brand in European asset management, just ahead of Carmignac of France.....
HSBC puts a slice of private bank up for sale
Analysts say the segment of the business HSBC plans to sell is likely to be located in Europe.....
Turnaround firms eye credit protection group
Turnaround investors Jon Moulton's Better Capital and Endless have held talks with CPP.....
Lyxor doubles physical ETFs after synthetic U-turn
Lyxor has doubled its number of physical exchange-traded funds with four recent new listings on NYSE Euronext Paris.....
Gas use up 18%, says British Gas
British Gas owner Centrica says gas use in the first four months of this year jumped 18% and says it will hold prices "for as long as possible"......
US retail sales inch up in April
US retail sales rose unexpectedly in April, after falling back in the previous month......
Tata writes down European assets
India's Tata Steel, one of the world's biggest steelmakers, announces a $1.6bn (1bn) writedown on the value of its European assets......
CVC gets extra time for Betfair bid
Private equity firm CVC Capital Partners is given another 24 hours to come up with a bid for online gambling company Betfair......
Pilotless flight success over UK
A BAE Systems aircraft flies without a pilot in UK airspace shared with passenger flights for the first time......
Cyprus receives EU-IMF bailout funds
Cyprus receives the first tranche of a 10bn-euro bailout package from international creditors agreed earlier this year, with Greece also due to receive further funds......
Bloomberg: Snoop error 'inexcusable'
Bloomberg says that allowing reporters to monitor the activities of clients on its terminals was an "inexcusable" error......
Emergency chief: Detroit 'insolvent'
The US city of Detroit is "clearly insolvent", emergency manager Kevyn Orr says in his first review of the city's finances......
Lloyds chairman to retire in 2014
Lloyds Banking Group, which is 39%-owned by the UK taxpayer, says its chairman, Sir Win Bischoff, will retire before May 2014......
Post Office warned on account fees
Consumer group Which? warns that a monthly charge could discourage people from opening bank accounts at the Post Office......
Airline in Gatwick slots sale talks
Airline Flybe is in talks about selling its landing and takeoff slots slots at London's Gatwick Airport......
Start-up loans age cap 'should go'
An age cap on accessing loans to set up a company should be removed, says the PM's enterprise adviser Lord Young, in a report into business growth......
Samsung claims 5G tech breakthrough
Samsung Electronics says it has developed a technology that could be "at the core" of the eventual 5G mobile-data standard......
UK business sees better prospects
Confidence is improving across most UK businesses, according to the latest business surveys, although manufacturers are less optimistic......
China industrial output disappoints
Industrial production in China recorded a smaller-than-expected rise in April, underlining worries that the economy may be losing steam......
China probes top economy official
China launches an investigation into senior economic policymaker Liu Tienan for corruption, state media report......
BP withdraws some staff from Libya
Oil giant BP withdraws some non-essential staff from operations in Libya following UK government advice about uncertainty in the country......
Firms to get army reservist cash
Small firms are to get cash incentives to release staff for service in the military reserves, says defence secretary Philip Hammond......
Housebuilder upbeat as sales rise
Housebuilder Springfield suggests confidence is returning to the housing market, after posting strong first-quarter results......
Strike affects Bus Eireann services
Bus Eireann says the "vast majority of its services" are not operating due to industrial action, including some cross-border services......
Commonwealth ticket prices revealed
Ticket prices are announced for the 2014 Commonwealth Games in Glasgow......
VIDEO: Branson turns air stewardess after bet
Virgin boss Sir Richard Branson got dressed up as a female flight attendant after honouring a bet he lost to Air Asia chief executive Tony Fernandes......
AUDIO: Today business roundup
The Today programme's business news with Simon Jack......
VIDEO: Rolls-Royce backs 1,000mph supercar
The EJ200 jet engine for the Bloodhound supercar is test fired at Rolls-Royce in Bristol......
VIDEO: 'Good time to start a business'
An age cap on accessing taxpayer-funded loans to set up a business should be removed, says the prime minister's enterprise adviser, Lord Young......
VIDEO: 'No magic bullet' on energy
'No magic bullet' on energy supply.....
VIDEO: Chinese economy's balancing act
Attempts to rebalance China's economy by getting domestic consumer demand to drive growth appear to be paying off......
VIDEO: Help to Buy boost for property ownership
The Chancellor announced that the Treasury would underwrite mortgages for people who can find a 5% deposit to help them get on the property ladder......
AUDIO: UK Economy 'signs of organic growth'
The Confederation of British Industry, the CBI, is predicting 1% growth for 2013......
Ticket resale sites - are fans winners or losers?
Do ticket exchanges give fans a good deal?.....
The Chinese balancing act
How services are taking over from manufacturing in China.....
Small firms chase US federal dollars
How to get a share of $500bn US government spending.....
Cuba golf project gets green light
Cuba golf gets multi-million dollar boost as golf village is approved.....
U.S. Day Ahead: BlackBerry sales numbers may be too rosy
May 13 - Analysts say expect Blackberry CEO Thorsten Heins to give bullish sales predictions at a key company meeting on Tuesday......
Cameron, Obama prepare for EU trade pact
May 13 - British Prime Minister David Cameron and U.S. President Barack Obama lay the groundwork for their push towards a trans-Atlantic deal between the U.S and the European Union. Conway G. Gittens reports......
Techquity: Free coin from Amazon, France vs. tech sector
May 13 - Amazon gives away money to boost app store, while France considers taxing technology firms......
Daily Digit: Battle over $22 bln Sprint
May 13 - SoftBank asks banks not to finance Dish's Sprint bid in a new development of an ongoing clash of giants over $22 billion Sprint. Conway G. Gittens reports......
Seeking unity on banking union
May 13 - Euro zone ministers meet in Brussels to discuss progress on setting up a banking union. But as Sonia Legg reports while there's agreement on some issues speed of implementation isn't one of them......
Economy: Tax hike and cold weather didnt stop consumers
May 13 - Retail sales unexpectedly rose in April, defying the payroll tax hike and allaying fears of an economic slowdown......
No UK referendum on EU needed: Cameron
May 13 - There is no immediate need for a British vote on withdrawing from the European Union, says British Prime Minister David Cameron during a visit with U.S. President Barack Obama. Rough Cut (no reporter narration)......
Trading at Noon: JPMorgan's Dimon dilemma
Breakingviews Editor Rob Cox about the future of JPMorgan with or without Dimon......
Breakingviews: Dimon dilemma
May 13 - Richard Beales and Antony Currie review the pros and cons of splitting the chairman and chief executive roles currently both held by Jamie Dimon at JPMorgan......
Foreclosure backlog could derail housing recovery
May 13 - RealtyTrac vice president Daren Blomquist says, while rising home prices point to a housing recovery, he's concerned that a quarter of homeowners have mortgages worth well more than their properties......
Europe Day Ahead: Its Acronym Day - ECOFIN, ZEW, SAP, HMRC
May 13 - Is Germanys economy picking up? Plus results from Airbus parent EADS and Puma coming up on Tuesday......
The end of the line for overfishing?
May 13 - Activists call for an end to overfishing and discarding of fish as EU ministers meet in Brussels to revise the existing fishing policy. Hayley Platt reports......
U.S. Morning Call: IPOs set to raise most cash since crisis
May 13 - The Wall Street Journal reports that U.S. companies are set to raise the most cash through public offerings since before the financial crisis......
Daily Digit: Miner Lonmin's profit jumps
May 13 - Platinum miner Lonmin more than doubles first-half profit compared to a troubled 2012 but warns of challenging wage talks ahead. Hayley Platt reports......
Queen's head for sale
May 13 - Even Margaret Thatcher didn't go there but that's not stopping the current British government as it plans to sell off the Royal Mail in an IPO next spring. But as Ivor Bennett reports, profits may be hard to deliver......
Market Pulse: Great rotation? Try great flotation
May 13 - A great rotation out of core debt? Its more a QE-driven great flotation that is lifting all boats, says Rabobank Strategist Richard McGuire......
Reuters Breakingviews: Brexit Bad for Britain
May 13 - Belonging to the EU is better than quitting, even without reforms in the bloc. And staying in would give the UK the chance play a part in its overhaul, says Breakingviews......
Building Apple's iPhone doesn't pay like it used to
May 13 - Apple's legendary profit margins may be challenged if the firm releases its long-rumored low-end iPhone later this year. But the ones really feeling the pinch will be its suppliers......
Reuters Today: China clouds outlook & Italian Tuscan bonding
May 13 - China factory output disappoints and Italy's PM Letta seeks agreement on political reforms at 2-day Tuscan bonding session. Plus, Eurogroup to discuss European banking union......
Witness: Following a shadowy money trail out of China
' James Pomfret spoke to underground money traders to find out more......
In the Boardroom: Is Dimons grip on JPMorgan slipping?
May 13 - Jamie Dimons future as chairman of JPMorgan looks uncertain, as fund First Super calls for the roles of CEO & chair to be split. Lucy Marcus gives her take on juggling two jobs at the top......
Turtle power emerges from shell in South Korea
May 12 - Remote-controlled turtles are being studied as a potential tool for espionage and surveillance. Scientists in South Korea say they have been able to control the walking paths of live turtles by attaching blinders to their shells, a simple, n.....
EU bank proposals 'risk domino sequence of failures'
Proposed European Union rules governing how losses are imposed on creditors in a failed bank pose the risk of a "domino effect" threatening financial stability in Britain, George Osborne will warn on Tuesday.<img width='1' height='1' src='http://t.....
Primark and Tesco join drive to improve Bangladesh factory safety
Following the collapse of the clothing factory that killed more than 1,000 workers in Bangladesh, Primark and Tesco are pledging financial help to improve factories in the country.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Europeans must face up to prospect of massive debt restructuring
Europe's bourses have not done as well as others from renewed investor appetite for equities, but even the depression-hit eurozone periphery has seen big gains in share prices since the sovereign debt crisis began to abate last summer.<img width='.....
Thanks to Win Bischoff, the next Lloyds chairman will lead a changed bank
Bank has changed out of all recognition from that Sir Win joined nearly five years ago.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bdd87c3/mf.gif' border='0'/><div class='mf-viral'><table border=.....
ECB contacts Bloomberg over 'spying' claims
The European Central Bank and Bundesbank have launched their own investigations into claims that Bloomberg journalists used its $20,000-a-year data terminals for "spying" on officials.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
France preparing tax on Apple and Google to fund culture
France is preparing to impose taxes on Apple and Google to finance the production of art, films and music in the country, in a move likely to worsen relations between business and Francois Hollande's socialist government.<img width='1' height='1' .....
Cinven eyes 1bn float for Partnership Assurance
One of Britain's fastest-growing private companies is capitalising on the UK's ageing population and the recovery in London's IPO market to push ahead with a 1bn-plus float.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/.....
Banking needs to change to attract youngsters, says Lloyds chief Antonio Horta-Osorio
A new survey has found just 2pc of students would consider a career in financial services, showing the sector had to "urgently" change young people's impression of banks, the Lloyds chief said.<img width='1' height='1' src='http://telegraph.feedsp.....
IAG slides on virus worries
The British Airways owner was the second-heaviest faller on the FTSE 100.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bdc6d26/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr&.....
Business news and markets: as it happened - May 13, 2013
Youth unemployment in the eurozone's southern states is a "tragedy", says Portugal's prime minister, as finance ministers from the 17-nation bloc meet to discuss bail-ins and Cyprus gets its first 2bn tranche from European rescue funds.<img width=.....
EU bailout fund releases first Cyprus aid payment
The European Union has handed over the first 2 billion of loans agreed under the controversial Cyprus aid deal, the bloc's European Stability Mechanism said in a statement.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Business news and markets: live
Youth unemployment in the eurozone's southern states is a "tragedy", says Portugal's prime minister, as finance ministers from the 17-nation bloc meet to discuss bail-ins and Cyprus gets its first 2bn tranche from European rescue funds.<img width=.....
Enterprise adviser outlines plans to help small businesses
David Cameron's enterprise adviser Lord Young says a taxpayer-funded loans scheme set up to help young entrepreneurs will be extended to the over-30s, as part of plans to help the growth of small businesses.<img width='1' height='1' src='http://te.....
Tata Steel reveals $1.6bn writedown on European woes
Largest writedown in Indian corporate history blamed on Tata's struggling European division, which could see UK assets sold off.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bdc5e22/mf.gif' border='0'/><.....
Australian mining rivals team up to win 130m fight against Rio Tinto
Two of Australia's richest women, Gina Rinehart and her long-time rival Angela Bennett, have united to win a 130m fight against mining giant Rio Tinto over iron ore riches in Australia's outback.<img width='1' height='1' src='http://telegraph.feed.....
New Post Office current accounts
Money MoT: The Post Office is launching three new current accounts today - standard, packaged and control. Should you switch?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bdb9f88/mf.gif' border='0'/><div.....
Top ten most affluent villages in the UK
Only towns or villages with less than 30,000 people were included.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bda4b97/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><.....
British Gas makes a non-promise it can't keep
The fact that British Gas customers have used 18pc more gas in the colder weather this year is bad news for hard-pressed households, but good news for Centrica profits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Sir Win Bischoff senses Lloyds' boos-and-tears era is over
Sir Win Bischoff will probably be relieved that this week's Lloyds Banking Group annual shareholder meeting will be his last.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bd91cda/mf.gif' border='0'/><div.....
Lord Young vows 'nagging campaign' over SME reforms
Lord Young has vowed to keep "nagging" ministers to ensure his recommendations for boosting small businesses are pushed through and not allowed to languish unused like other Government initiatives.<img width='1' height='1' src='http://telegraph.fe.....
Insurer Partnership Assurance Group plans London float
Partnership Assurance Group, the private-equity backed life insurer, has announced its intention to float on the London Stock Exchange, in a further sign that London's initial public offering market is rebounding.<img width='1' height='1' src='htt.....
Partnership Assurance Group plans float in London
Partnership Assurance Group, the private-equity backed life insurer, has announced its intention to float on the London Stock Exchange, in a further sign that London's initial public offering market is rebounding.<img width='1' height='1' src='htt.....
'British Gas is spinning 6pc bigger bills as good news'
British Gas customers deserve a price cut, not just a freeze, one expert has said after the company announced a jump in profits thanks to the cold winter.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bd88158/m.....
Borrowers shrug off rising mortgage debts
The amount owed on mortgages may have risen in the early days of the financial crisis but fears among borrowers about that debt eased.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bd87a7f/mf.gif' border='0'/&g.....
Elan strikes $1 bln royalty deal with Theravance
Irish drugmaker Elan has agreed a $1 billion deal to buy 21pc of the royalty that US company Theravance receives from GlaxoSmithKline for its respiratory drugs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bd8.....
