CFM endorses London as Europes financial capital
Paris-based hedge fund manager is to open an office in the UK capital.....
Chat launch to rival Bloomberg
Market data rivals Thomson Reuters and Markit have teamed up with leading banks to build a new messaging service.....
Credit Suisse close to more private equity asset sales
Swiss bank is in advanced talks to offload its mid-market buyout arm.....
Industry decries regulatory bottleneck
A crowded regulatory agenda and competing political interests leave finance sector in limbo.....
Triton makes history with 3.3bn new fund
Sum raised sets record for a German-backed buyout manager.....
Tempers flare in pay for order flow row
UK options industry rounds on the FCA for failing to provide clear guidance governing the controversial practice.....
Mercer clients turn attention to loans
Increasing institutional appetite for loans follows problems in the banking sector.....
Nasdaq OMX eyes global assault on fixed income
Exchange group is to roll out its newly-acquired, US-focused bond platform across Europe and Asia.....
Bats Chi-X Europe plots ETF clean-up
Trading platform plots move to shake up the European exchange-traded fund market.....
The UK and the EU: Reasons to stay put
If FN's straw poll of a wide variety of senior figures across London's financial services industry is anything to go by, the majority of the City wants the UK to remain a member of the EU.....
The UK and the EU: Reasons to leave
Many of the arguments supporting a UK exit from the European Union relate to regulation, after a surge in new rules for the financial sector following the financial crisis.....
Q&A: Lord Lawson on the City and the EU
The former Chancellor of the Exchequer tells FN that the City has 'not yet woken up' to the full regulatory burden of the EU.....
Apple's Tim Cook defends tax claim
Apple boss Tim Cook defends its tax strategy at a Senate hearing, after the tech giant is accused of being among America's largest tax avoiders......
Marks and Spencer sees profits fall
Marks and Spencer reports a big fall in annual profits, as troubles in its clothing division continue......
JP Morgan boss wins shareholder vote
JP Morgan chairman and chief executive Jamie Dimon will keep both jobs after shareholders voted in his favour......
Pound falls after dip in inflation
The pound falls after lower fuel prices lead to a lower-than-expected inflation rate of 2.4% for April......
Former Saab cars chiefs arrested
Three former top executives from car maker Saab Automobile have been arrested in Sweden on suspicion of accounting fraud charges......
Scotland 'can afford independence'
Scotland can "more than afford" to be a successful independent country, its first minister says as he launches a paper outlining the nation's economic strength......
Cement firms warned over competition
Lack of competition in the UK cement market is costing consumers millions of pounds, the Competition Commission says......
Sharp jump in Royal Mail profits
Royal Mail's annual profits more than double, helped by strong growth in parcel deliveries as more people shop online......
London Market Report
The FTSE 100 rises again, but shares in cruise operator Carnival drop sharply after it warns of falling revenues......
Man Utd earns 60m in TV money
Manchester United earned a record 60.8m in Premier League television revenue this season on their way to their 20th English title......
G4S chief Nick Buckles steps down
Nick Buckles, the chief executive of global security group G4S, is to step down from his position at the end of May......
Vodafone sales hit by European slump
Vodafone's full-year sales slip for the first time in eight years as tough economic conditions in Europe take their toll on customers......
Data suggests housing market pick-up
The UK housing market is seeing a slight pick-up in activity with mortgage lending and prices both rising, figures suggest......
Asia boost to Burberry profits
UK fashion brand Burberry reports a larger-than-expected rise in annual profits after a strong performance in Asia......
Bank Danamon stake sale approved
Singapore's DBS Group receives long-awaited regulatory approval to buy a 40% stake in Indonesia's Bank Danamon.....
Tumblr 'will boost Yahoo revenue'
Yahoo says its $1.1bn (723m) purchase of blogging platform Tumblr will boost its revenue as soon as 2014......
Back-to-work scheme failing, say MPs
A scheme to help the unemployed find work appears to be failing the most disadvantaged jobseekers, MPs on the Work and Pensions Committee say......
Tax credits scam email warning
People who receive tax credits are being warned about scam emails being sent out by fraudsters in an attempt to gather card details and passwords......
PM warns overseas territories on tax
David Cameron has called on British overseas territories to "get their house in order" and sign up to international treaties on tax......
China 'can't be free rider on trade'
China cannot be a "free rider" when it comes to global trade, the EU's trade commissioner, Karel De Gucht, warns......
High inflation 'cost UK GDP 10bn'
High inflation has cost the UK economy 10bn over the last three years, says an influential report, and has now become a "permanent fixture"......
Man City form New York MLS franchise
Manchester City have announced a partnership with baseball's New York Yankees to form a new Major League Soccer franchise......
India cricketers' remand extended
A court in India extends custody of three cricketers, arrested last week over allegations of spot-fixing in the Indian Premier League (IPL)......
Games numbers 50% below target
The organisers of the World Police and Fire Games confirm the number of athletes who have signed up to take part so far is almost 50% below the 10,000 target......
VIDEO: Private jets flying high in downturn
Luxury air travel in private jets continues despite struggles in the global economy.....
AUDIO: Royal Mail is 'a declining business'
The Business Secretary Vince Cable says "the big competitive threat to the Royal Mail is email"......
VIDEO: Levi Roots: Mentor key to my success
Reggae musician-turned-entrepreneur Levi Roots explains why he is backing a government scheme to encourage more new business start ups......
VIDEO: Why did UK inflation rate fall?
The UK's inflation rate fell to 2.4% in April, according to the Office for National Statistics, down from 2.8% in March......
VIDEO: Apple chief hits back in tax row
CEO Tim Cook has spoken out in defence of Apple, after a Senate committee accused the company of using "a complex web of offshore entities" to avoid paying billions of dollars in US income taxes......
VIDEO: Apple 'avoided $1m tax per hour'
A Senate committee has accused Apple of using "a complex web of offshore entities" to avoid paying billions of dollars in US income taxes......
VIDEO: Stamp collecting big business in Asia
The UK-based experts in stamp collecting, Stanley Gibbons, recently opened its first office in Singapore to take advantage of growing interest in the hobby in Asia......
VIDEO: Investors show faith in JP Morgan boss
JP Morgan chairman and chief executive Jamie Dimon will be allowed to keep both jobs after investors voted in his favour at the bank's annual meeting......
Calculate your inflation rate
Find out how much your cost of living is going up.....
Foreign comedians stand up for the UK
Why foreign comedians love the British comedy business.....
Luxury labels' designs on South East Asia
Luxury labels target Singapore's best dressed.....
Tech finds profit in poo in Dubai
Finding profit in poo in the Middle East.....
New Xbox readies for video games war
Will Microsoft's new games machine win the next console war?.....
Clock ticks on Swiss banking secrecy
Swiss banks creak under pressure to end trademark secrecy.....
U.S. Day Ahead: Fed spending to end by summer 2014
May 21 - As Fed Chair Ben Bernanke gets ready to testify before Congress, one top economist gives his prediction about when the Fed will stop its massive stimulus......
Economy: U.S. small biz set for a 'difficult' six months
May 21 - Small businesses in the U.S. could have a rough next two quarters as the full impact of austerity is felt, according to Mark Zandi, Chief Economist of Moody's Analytics......
Techquity: Apple scrutinized over taxes, Intel reorganizes
May 21 - Congress questions Apple CEO Tim Cook and other executives over it tax payments. Plus, Intel's new CEO shakes up corporate structure......
Trading at Noon: The duality of Dimon: he keeps his jobs
May 21 - JPMorgan's Jamie Dimon to remain chairman after vote-reports......
Breakingviews: Dimon's losing win
May 21 - JPMorgan's Jamie Dimon has secured enough votes to keep both the chairman and CEO roles. Rob Cox and Breakingviews columnists discuss why it's a defeat for governance......
Danone's dairy deal with China
May 21 - Chinese firms are increasingly looking to reputatable European ones to boost their image at home. In the latest tie-up French food group Danone is investing in Mengniu. Hayley Platt looks at whether the deal is a way for the Chinese company .....
Danone's dairy deal with China
May 21 - Chinese firms are increasingly looking to reputatable European ones to boost their image at home. In the latest tie-up French food group Danone is investing in Mengniu. Hayley Platt looks at whether the deal is a way for the Chinese company .....
Europe Day Ahead: UK data, Bunds in focus but Bernanke looms
May 21 - Retail sales, BoE minutes, govt borrowing and business orders paint a more detailed picture of the UK economy. And Germany sells 5 bln of bonds. But overshadowing all that is Fed chief Ben Bernanke......
U.S. Morning Call: D-day for Dimon in Tampa
May 21 - JPMorgan shareholders will count ballots Tuesday on a proposal to strip Dimons CEO and Chairman title ending a months-long shareholder campaign demanding more oversight of Dimon......
Market Pulse: Investors' plea to Bernanke: Be gentle Ben
May 21 - European stocks, bonds and gold ease while the dollar firms. Call it investors' insurance policy ahead of Ben Bernanke's keenly-awaited testimony on Wednesday. Will he stick to the QE script? Or not?.....
The Tumblr effect: China's user-hungry net giants splash out
May 21 - Frothy tech valuations are not limited to Silicon Valley with Yahoo's $1.1 billion Tumblr buy. High-stakes deals are growing in China too, as big players court emerging platforms to lock in new users......
Korea takes the fashion world by stealth
May 21 - Backed by some of the country's biggest conglomerates, Korean fashion labels are racking up revenues and expanding across Asia. But are they ready to compete with Western brands on their home turf?.....
Reuters Bergin bites into Apples tax practises
European Corporate Strategy Correspondent Tom Bergin gives his take on Apples creative offshore tax practises.....
Reuters Breakingviews: Apple feels global tax heat
May 21 - Apple is the latest multinational company to come under the spotlight for its offshore tax practices. What's needed is a global corporate tax deal, says Breakingviews' Edward Hadas......
Sovereign stakes in Russia VTB $3.3B issue to be equal - CEO
......
Reuters Today: Vodafone on Mute Over Verizon
May 21 - Vodafone posts its largest ever quarterly fall in service revenue but no mention of speculation over selling its Verizon Wireless stake......
Vodafone's Verizon dilemma
May.21 - Vodafone's posted the largest ever fall in its main revenue measure, forcing it to keep a dividend from Verizon, its healthy U.S. arm, to compensate for a slump in southern Europe. Ciara Sutton asks whether the results will dampen or fuel sp.....
Making sense of Yahoo's Tumblr deal
May 20 - Yahoo's decision to buy blogging service Tumblr for $1.1 billion has raised questions about how the internet company will integrate the website- with lots of traffic but little revenue. Bobbi Rebell reports......
FACTBOX: Keeping profits offshore - it's legal and lucrative
May 20 - Apple is not the only company facing Senate scrutiny for keeping $102B in offshore accounts. Here are the facts.....
Skittish day for stocks
May 20 - Summary of business headlines: Stocks slide back from records; Yahoo's $1.1b Tumblr deal; Boeing Dreamliner back in the air; Campbell's soup earnings heat up. Bobbi Rebell reports......
U.S. Day Ahead: JPM investors too chicken to split CEO role
May 20 - JPMorgan boss Jamie Dimon looks likely to survive a vote to split his role at the bank. But expect some major changes at JPM's board going forward......
Tumblr adds value to Yahoo, says analyst
May 20 - Buying Tumblr, Yahoo gets access to young audience and fast-growing business, but not much revenue, at least for now, says Ross Rubin of Reticle Research. Yahoo should focus on mobile, Rubin adds......
Techquity: Yahoo's Tumblr deal in more than a blog post
May 20 - What Yahoo is getting for its $1.1B purchase of Tumblr and how analysts and Tumblr users are reacting......
Trading at Noon: Mayer promises not to 'screw up' Tumblr
May 20 - Yahoo's Marissa Mayer is shelling out over $1B for Tumblr in her biggest deal yet. Being cool comes at a price!.....
Breakingviews: Yahoo's Tumblr takeover
May 20 - Antony Currie and Breakingviews columnists discuss how Marissa Mayer's biggest deal as CEO cements how she has gotten the company looking forward rather than backward......
US and Canada eye Royal Mail stakes after privatisation
Multi-billion dollar American and Canadian pension funds are being lined up to take stakes in Royal Mail when it is privatised, possibly as early as the autumn.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c39.....
Marks & Spencer to halt store openings
Marks & Spencer is to stop opening new clothing stores in Britain, demonstrating the challenges facing the high street.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c391bab/mf.gif' border='0'/><div c.....
Stocks are booming, so beware the bust
The return of 'animal spirits' usually points to better times, but it's more complicated now, says Jeremy Warner<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c381ece/mf.gif' border='0'/><div class='mf-vi.....
Marc Bolland must produce more spark at Marks
After a disappointing fall in profits, no one can be in any doubt about the importance of the next year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c381941/mf.gif' border='0'/><div class='mf-viral'>.....
Xbox One: Microsoft launches new console
Microsoft has launched a new Xbox video games console that it claims will become the single device that users need to control television, video games, music and entertainment in the living room.<img width='1' height='1' src='http://telegraph.feeds.....
Nick Buckles undone as profit warning proves one calamity too many for G4S board
"Why are you still in your post?"<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c381943/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href=.....
Nick Buckles ousted from G4S in wake of profits warning
Nick Buckles, the G4S chief executive who survived the London Olympics security fiasco and the botched 5.2bn deal for Danish cleaning firm ISS, has been ousted just weeks after a profits warning.<img width='1' height='1' src='http://telegraph.feed.....
Apple: 'We pay every dollar of tax we owe'
Apple's chief executive has launched a staunch defence of the iPhone maker's tax affairs after US politicians accused it of avoiding billions of dollars in payments.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
SSE pays out to mis-sold customers who lost no cash
SSE has paid 80 compensation to thousands of households that it duped into switching energy tariffs - despite the fact the customers lost no money as a result.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c381.....
Risk of vicious circle for gold as hedging returns
The curse of hedging that blighted gold in the 1990s is making a comeback.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c38115a/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr.....
Vodafone chiefs defend retention of 2.1bn Verizon Wireless dividend
Vodafone has defended its decision not to return any of a 2.1bn windfall from Verizon Wireless to shareholders on Tuesday, arguing it needed the cash for investments and tax bills.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Vodafone delays 4G network until late summer for iPhone 5S
Vodafone has delayed the commercial launch of its 4G network until late summer to coincide with the introduction of a new iPhone.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c38115c/mf.gif' border='0'/><.....
Apple 'shifted golden goose' to Ireland to avoid tax, Senate committee claims
Apple has been accused by a Senate hearing of "shifting its golden goose" of intellectual property rights to Ireland to avoid paying US taxes on billions of dollars of profits.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
FTSE 100 hits highest since 1999
The blue-chips jumped to their best level since December 1999, when it set a record.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c38115e/mf.gif' border='0'/><div class='mf-viral'><table border='0'.....
Europe faces lost decade, says Mark Carney
Mark Carney, the incoming Bank of England Governor, has warned that Europe could face a decade of stagnation unless it takes the kind of bold measures seen in Japan.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Europe faces lost decade - Carney
Mark Carney, the incoming Bank of England Governor, has warned that Europe could face a decade of stagnation unless it takes the kind of bold measures seen in Japan.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
Business news and markets: as it happened - May 21, 2013
Apple has been accused of avoiding $1m in taxes an hour by US politicians as the tech giant's chief executive Tim Cook prepares to face a grilling by Congress over Apple's tax affairs.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
IMF attack to embarrass George Osborne
The Chancellor faces a potentially embarrassing attack from the International Monetary Fund today when the Bretton Woods institution publishes its annual update on the UK economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
Business news and markets: live
Apple has been accused of avoiding $1m in taxes an hour by US politicians as the tech giant's chief executive Tim Cook prepares to face a grilling by Congress over Apple's tax affairs.<img width='1' height='1' src='http://telegraph.feedsportal.com.....
Paragon plans return to banking business
Paragon will set up a banking arm next year, as the buy-to-let mortgage provider looks to re-enter the consumer lending business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c376891/mf.gif' border='0'/><.....
Hastings stake sale could value insurer at 800m
Hastings Insurance Group is considering selling a minority stake in itself that could value the Bexhill-based motor insurance company at up to 800m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c37640e/mf.gif'.....
Cash-strapped carers turn to payday lenders
Carers struggling with the financial burden of caring for family are increasingly turning to payday lenders, research suggests.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c37046b/mf.gif' border='0'/><d.....
JP Morgan's Jamie Dimon survives protest vote
JP Morgan's chief survived a protest vote to strip him of his chairman role, but the investment bank still faces a major board shake-up after three of its directors were voted down at its annual shareholder meeting.<img width='1' height='1' src='h.....
Capita rises on outsourcing of 3,700 O2 call centre staff
Capita shares reached an all-time high on Tuesday after the outsourcer announced a 10-year deal to handle customer services for O2.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c366eee/mf.gif' border='0'/>&.....
What next for inflation and interest rates?
The surprise rise in the consumer prices index has diminished the chances of a rate rise, according to markets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c366b12/mf.gif' border='0'/><div class='mf-vir.....
