BP asks Cameron to curb US leak cost
BP appeals to Prime Minister David Cameron to intervene over the escalating compensation costs of the Gulf of Mexico oil disaster......
Economic benefits of HS2 questioned
The HS2 rail project has an estimated 3.3bn funding gap and the benefits for the economy are "unclear", the National Audit Office says......
MPs challenge Google over UK tax
The internet giant Google has been challenged by MPs over the way it reports its income for tax......
Dell posts 79% fall in profits
Dell reports a 79% fall in quarterly profits to $130m (85m) amid falling computer sales and a takeover battle......
Hayward appointed Glencore chairman
Glencore Xstrata shareholders vote to appoint Tony Hayward, BP's former chief executive, as interim chairman to replace Sir John Bond......
RBS to cut a further 1,400 jobs
Royal Bank of Scotland (RBS) is to cut a further 1,400 jobs from its retail banking head office over the next two years......
HMRC wins Goldman Sachs court case
HM Revenue and Customs (HMRC) has won its case in the High Court, where it had been accused of illegally letting investment bank Goldman Sachs off part of its tax bill......
Wal-Mart and Asda see profits rise
The world's biggest retailer Wal-Mart, which owns the UK chain Asda, says profits in the three months to April nudged higher......
Fuel poverty gap widens
The UK's so-called "fuel poverty gap" is widening, although the total number in fuel poverty has fallen, according to a government report......
Eurozone and US inflation falls
Inflation in both the 17-strong eurozone bloc and the US falls to its lowest level in years......
Honda to supply 2015 McLaren engines
Japanese car manufacturer Honda will return to Formula 1 in 2015 as engine suppliers to the McLaren team......
Currys and PC World see rising sales
Dixons Retail, the owner of Currys and PC World, reports growth in sales in the last 12 months......
Amazon paid 2.4m in tax in 2012
Amazon's UK unit paid 2.4m in corporation tax last year, despite making sales of 4.3bn, the online retailer's accounts show......
Lonmin miners end two-day strike
Lonmin mineworkers in South Africa are returning to work after their two-day strike in protest at the shooting of a senior union official at the weekend......
US tax chief resigns amid scandal
President Barack Obama announces the head of the US tax agency has quit, after it emerged his staff singled out conservative groups for extra scrutiny......
Japan's economy shows recovery signs
Japan's economy, the third largest in the world, expands at its quickest pace in a year, showing signs of an economic recovery......
EU warns China over telecom payments
The EU warns it may investigate claims that Chinese telecom firms have been paid subsidies, allowing them to flood markets with cheap equipment......
Retirement 'is harmful to health'
Retirement has a detrimental impact on mental and physical health, says a new study by the Institute of Economic Affairs, a think tank......
First-edition books fetch 226,000
A treasure trove of literary first editions collected by an English teacher from Stirling has sold at auction for a total of 226,000......
Numbers on zero hours contracts rise
The number of 16 to 24-year-olds on zero hours contracts more than doubles since the start of the economic downturn, new figures show......
Phone scam targets the unemployed
Unemployed people are being tricked into calling expensive premium rate numbers while applying for non-existent jobs......
Chancellor to stay on economic path
Chancellor George Osborne tells business leaders at the CBI that he will not deviate from the government's economic road to reducing the deficit......
Bank of England upgrades forecasts
The Bank of England upgrades its economic growth forecast, but separate figures show a rise in UK unemployment......
UK unemployment up to 2.52 million
UK unemployment rose by 15,000 to 2.52 million in the January to March period, the Office for National Statistics says......
HSBC may cut up to 14,000 more jobs
HSBC says it may cut an additional 14,000 jobs globally as part of its three-year restructuring plan to reduce costs......
Severn Trent rejects takeover offer
Water supplier Severn Trent rejects a preliminary takeover offer from international investors, saying it fails to recognise the company's value......
Church: Barclays 'let down society'
The Church of England has criticised the conduct of Barclays in its annual report, after a year dogged by scandal and resignations at the bank......
VIDEO: Tackling tax avoidance 'a priority'
HM Revenue and Customs (HMRC) has said more needs to be done to address the problem of multinational companies shifting profits into tax havens......
VIDEO: Google: 'No money changes hands'
The internet firm, Google, has defended its tax arrangements during an appearance before a committee of MPs......
VIDEO: HS2 rail report 'based on old data'
The government has rejected a report by the National Audit Office which questions the benefits of the HS2 high-speed rail project......
VIDEO: TalkTalk profitable despite sales fall
Telecoms operator TalkTalk has reported a fall in pre-tax profits and revenues......
VIDEO: HMRC 'bullied' by Goldman Sachs
The campaign group, UK Uncut, has lost its legal action at the High Court against HM Revenue and Customs......
VIDEO: Shinzo Abe's economic report card
It is five months since Japan's Shinzo Abe came to power. Economic figures out on Thursday are his first report card, and on the surface things are looking good......
VIDEO: Pound shops fight to last penny
A High Street turf war has broken out between pound shops, undercutting each other in a bid to win bargain-hungry shoppers......
VIDEO: Asia's thirst for luxury labels
Chanel's president of fashion, Bruno Pavlovsky, explains to the BBC why Asia is such an important market for luxury labels......
Protecting that great idea with a patent
Protecting your great invention from copycats.....
How Estonia became E-stonia
How Estonia was converted into E-stonia.....
Sir Mervyn's date with history
Has Sir Mervyn done a good job as Bank of England governor?.....
U.S. Day Ahead: Ullman to reveal new strategies to save JCP
May 16 - Investors want to know how recently reappointed J.C. Penney boss Mike Ullman will grow sales at the company's shareholder meeting......
Techquity: Google gets a grilling, Amazon receives praise
May 16 - UK lawmakers question a Google executive about his statements on the company's business operations and tax payments there. Plus, Lazard Capital starts coverage of Amazon with a buy rating......
Daily Digit: Wal-Mart returns $3.8 bln to shareholders
May 16 - Wal-Mart pays back $3.8 billion to shareholders despite lower-than-expected results and paying tens of millions of dollars to look into possible foreign bribes. Conway G. Gittens reports......
Google tax in spotlight again
May 16 - Google executives have been grilled by British lawmakers investigating its tax affairs and whether it had misled parliament in testimony last year. Ivor Bennett reports.....
Trading at Noon: Cisco stock charged up on earnings rally
May 16 - Shares of Cisco are rising a day after the company reported results and gave a better-than-expected outlook for the current quarter......
Breakingviews: Investment cost of free speech
May 16 - Jeffrey Goldfarb talks to Reynolds Holding about how the First Amendment to the U.S. Constitution could start to affect the markets......
China and investors bet on Greece
May 16 - A rally in Greek bonds and improved confidence has raised investors expectations. As Greece's PM attempts to drum up business in China Sonia Legg asks whether it's time to start betting on Greece thriving not just surviving......
NEWSMAKER: Larry Summers on China & working for 2 presidents
May 16 - Former U.S. Treasury Secretary Larry Summers discusses how China and Germany are different and what it was like serving in the administrations of both President Clinton and President Obama......
NEWSMAKER: Higher ed will be revamped in 15 years- Summers
May 16 - Larry Summers, ex-president of Harvard University, says the face of college education will be completely different in a decade and says there will be a bigger focus on providing job-relevant skills......
BP's Gulf spill payment problem
May 16 - British oil company BP reportedly wants Prime Minister David Cameron to intervene with the U.S. government over the escalating costs of compensation for the Gulf of Mexico oil disaster, calling some of the claims "fictitious" and "absurd". H.....
NEWSMAKER: Parts of sequester should be ended- Summers
May 16 - Former U.S. Treasury Secretary Larry Summers says the long-term consequences of the budget deficit aren't as bad as previously supposed and says this is the ideal time to make infrastructure repairs......
Europe Day Ahead: 4 weeks and counting...stocks on a roll
May 16 - Will golds losing streak continue? Economies gloomy but markets buoyant & Italian PM, Enrico Lettas biggest challenge yet......
NEWSMAKER: Errors in the way we think about Europe- Summers
May 16 - Former U.S. Treasury Secretary Larry Summers says economists aren't thinking about euro zone in the right way and feels there's a sense that the union is more important than the virtue of the currency.....
U.S. Morning Call: Wal-Mart profit up despite sales weakness
May 16 - Wal-Mart Stores posted a higher quarterly profit even as sales fell 1.4 percent at its Walmart U.S. stores open at least a year......
Is Abe's gamble paying off in Japan?
May 16 - Japan's economy grew faster than expected in January-March, expanding at its quickest pace in a year on the back of solid private consumption and a rise in exports. As Jamie McGeever reports many are attributing the rise to Prime Minister Sh.....
Former Sony insiders place bets on Loeb's success
May 16 - Activist fund manager Daniel Loeb has thrown down the gauntlet to Sony -- but he'll be taking on Japan's conservative corporate culture. Former Sony executives give us their take on his chances......
Sports Spread: Battle Royale for Spurs and Arsenal
May 16 - A fight to the death for Spurs and Arsenal on Sunday with the one remaining Champions League spot up for grabs. Plus an all French affair in the Heineken Cup Final......
Market Pulse: Are gold bugs nervous yet? They should be...
May 16 - Gold is down for the 6th straight day, its longest losing streak in over 4 years. And the selling aint over yet. Michael Hewson at CMC Markets says $1,150/oz is on the cards......
Reuters Breakingviews: Slippery nature of oil pricing
Breakingviews......
Asia Week Ahead: China's premier takes his first road trip
' Wayne Arnold runs down the main events in Asia next week......
Why full skies could mean new recession
May 16 - Rebound or relapse? Breakingviews says planespotters know that the global economy could be heading for a fresh downturn......
Reuters Today: Abenomics is working
May 16 - Japan's economy grows faster than expected as Europe's economy flounders.Plus Google gets a grilling over tax in the UK, and Obama fires tax chief......
FACTBOX: Hedge funds battle over Apple, buy Supervalu
May 15 - The latest hedge fund filings show big managers like Appalosa's David Tepper dumped Apple while Greenlight's David Einhorn doubled down on his Apple stake. The surprise stock: Supervalu......
Big bull run gets no respect
May 15 - Stocks keep hitting new highs, but U.S. investors won't buy equities because they distrust the market. Fred Katayama reports......
Naysayers get squeezed in Wall St. run
May 15 - Summary of business headlines: Stocks shake-off early drop to close at new lifetime highs; Macy's results are latest signal payroll tax fallout limited; Google trades above $900 - launches streaming music service; Euro-zone recession hits re.....
Guardian editor's heir apparent defects to the BBC
The man who was expected to follow Alan Rusbridger as editor in chief will become editor of Newsnight.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c067fe1/mf.gif' border='0'/><div class='mf-viral'>&l.....
Lloyds looks a better horse to back in the bank reprivatisation race
At Lloyds there is an expectation that a disposal of the Government's stake could be imminent.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c060e8e/mf.gif' border='0'/><div class='mf-viral'><table .....
BP attacks Gulf trial judge as it fights against 'raid on its coffers' for 'absurd' compensation claims
BP has launched a blistering attack on the judge presiding over its fate in the Gulf of Mexico trial, as it escalates its fight against the "raid on its coffers" for "fictitious" compensation claims.<img width='1' height='1' src='http://telegraph......
Jamie Dimon's power struggle is a watershed moment for Wall Street
Viewpoint: Katherine Rushton on perplexing jargon, high-fiving bankers, and why Jamie Dimon's battle with JP Morgan shareholders signals a changing mood in America<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
There may be no halting this tax juggernaut
The latest brainwave from Brussels has the City in its sights, even if Britain goes it alone, says Jeremy Warner<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c060718/mf.gif' border='0'/><div class='mf-vi.....
Japan storms back on weak yen but Asia trembles
Japan's economy has roared back to life but fears grow that tumbling yen could spark Asian crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c054e00/mf.gif' border='0'/><div class='mf-viral'><ta.....
Optos records eye-catching fall
Shares in the eye scanning company fell as much as 31pc during trading.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c054551/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr>.....
One and two cent coins could disappear under EU plans
Eurozone small change has cost members of the single currency 1.4bn (1.18bn) more than the combined value of all one and two euro-cent coins minted since 2002.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c047.....
CF Partners put on spot over 140m Barclays claim
The trading house bringing a 164m (140m) damages claim against Barclays was immediately put on the spot by a judge on Thursday and asked to define exactly how it had allegedly been wronged by the bank.<img width='1' height='1' src='http://telegrap.....
Gatwick urges better pricing to compete with Heathrow
London's aviation capacity problems can be eased in the short-term by "flexible" pricing that will allow smaller airports to better compete with Heathrow, it has been claimed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Vatican bank to publish annual report and launch website
Plan including launch of website part of an attempt to clean up the image of the Institute for Works of Religion.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c041a56/mf.gif' border='0'/><div class='mf-v.....
Business news and markets: as it happened - 16 May, 2013
Starbucks admits it has not paid any of the millions in 'extra tax' it volunteered to give the government in December as Google insists it did not mislead MPs over tax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Sketch: MPs goggle at frugal Google
Michael Deacon watches MPs interrogate Google over its tax affairs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c040fd5/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><.....
Business news and markets: live
Starbucks admits it has not paid any of the millions in 'extra tax' it volunteered to give the government in December as Google insists it did not mislead MPs over tax.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Exiting QE could 'undermine the recovery', IMF warns
Raising interest rates to get the economy back onto a normal setting could prove so complicated it "undermines the recovery", the International Monetary Fund has warned.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Sale of taxpayers' Lloyds stake moves closer as shares nudge 'break-even'
A sale of some of the taxpayer's stake in Lloyds Banking Group has come a step closer after the state-backed lender's share price yesterday came close to reaching the government's minimum "break-even" price.<img width='1' height='1' src='http://te.....
Richemont chairman Johann Rupert announces plans for a 'grey gap year'
The golf-loving billionaire founder and chairman of Richemont, Johann Rupert, has announced that he will take a year off from running the Swiss luxury goods group to read books and possibly travel to the South Pole.<img width='1' height='1' src='h.....
France threatens to take euro crisis to 'higher plane' , says billionaire hedge fund boss Michael Hintze
A stagnant economy, a weak President and a jump in car burnings are all signs of a looming crisis in France that threatens to drive the eurozone's problems to a "higher plane", says hedge fund boss Michael Hintze.<img width='1' height='1' src='htt.....
Car burnings rise as France threatens to take euro crisis to 'higher plane' , says hedge fund boss Michael Hintze
A stagnant economy, a weak President and a jump in car burnings are all signs of a looming crisis in France that threatens to drive the eurozone's problems to a "higher plane", says hedge fund boss Michael Hintze.<img width='1' height='1' src='htt.....
Stobart drives on from a 'turbulent' year
Stobart, the business known for its Eddie Stobart green trucks, has moved to put a "turbulent" year behind it, hailing a "pivotal" point in its plans to revitalise the company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
RBS axes 1,400 in UK retail restructuring
Royal Bank of Scotland is to axe 1,400 jobs over the next two years as part of a restructuring of its UK retail banking head office.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c016a49/mf.gif' border='0'/>.....
Invensys to hand 625m to shareholders
Engineering business Invensys is to return 625m to shareholders after selling its railway business to Germany's Siemens for 1.7bn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2bfdf469/mf.gif' border='0'/>&l.....
Google denies misleading Parliament in grilling over tax
Google was repeatedly forced to deny misleading Parliament as it faced angry questions from MPs over its tax status.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c021b34/mf.gif' border='0'/><div class='m.....
Google denies trying to 'disguise' sales to cut tax bill
Internet giant Google has denied trying to "disguise" the way its business operated to minimise its tax bill in the UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c0120ba/mf.gif' border='0'/><div class.....
Webchat: Put your career questions on how to get promoted to leading entrepreneur Dessi Bell and business woman Heather Jackson
After five years of financial crisis, the jobs market is fiendishly competitive and employers are reluctant to offer pay rises and give promotions. Two members of the Telegraph's Wonder Women business panel, Dessi Bell and Heather Jackson, will be on.....
