Commission weighs slashing FTT for repo trades
Industry welcomes first sign European lawmakers may soften stance on controversial transaction tax.....
Charterhouse mulls fund extension
UK buyout firm has primed investors to expect a 12-month extension request for its current €4bn fund.....
High-yield heads for a record year
Issuance in European currencies this year has already surpassed the amount raised over the whole of 2012.....
Profits surge at buyout giants capital markets arm
KKR Capital Markets Limited posted a six-fold increase in pre-tax profit in 2012.....
Theyre ba-ack! Private equity firms attempt to crack one of Europes toughest markets
Almost exactly eight years on from being branded 'locusts', a host of German private equity firms are raising funds to invest in the country's Mittelstand market.....
Funding head joins Co-op from RBS
Senior exec responsible for funding the balance sheet of RBS will join the Manchester-based lender on June 3.....
Warburg Pincus in talks with Mergermarket founder
Private equity firm is in talks with Caspar Hobbs about working together to source deals.....
Towers Watson stages a fund-of-funds rethink
The investment consultant, a critic of the fund of hedge funds industry, is planning to enter the sector.....
US banks pick off RBS talent
Morgan Stanley, Bank of America Merrill Lynch, Citi and Jefferies have all hired from RBS in the past few months.....
UBS in Triton fund rescue talks
The Swiss bank's asset management arm is fighting to save its £680m Triton Property Fund from liquidation.....
EU nations allowed to ease austerity
The European Commission has said it will allow some EU member states to slow their pace of austerity cuts, amid concerns over growth......
Energy firms hit by UK tax change
Chancellor George Osborne announces a change in tax rules to prevent businesses claiming capital allowances for costs met by other firms......
Lloyds sells off private banking arm
Lloyds, which is 39% owned by the UK taxpayer, has sold its international private banking arm to UBP of Switzerland.....
Jaguar Land Rover profits roar ahead
Profits at Jaguar Land Rover soar 11% to a record 1.67bn, helping to offset a fall at parent group Tata Motors......
Financial gripes 'reach 7,000 a day'
Consumers' lack of trust in financial firms led to a 92% rise in cases taken up by the financial ombudsman last year - with 7,000 queries and complaints each working day......
Digital cash arrests cause 'pain'
A leading security expert says he has seen evidence that criminals are suffering as a consequence of the Liberty Reserve arrests......
German unemployment rises in May
German unemployment rose during May, with bad weather and the high number of public holidays being blamed for the increase......
Cupid in talks over sale of websites
Online dating company Cupid plc confirms it is in talks about a possible offer for its "casual" dating business......
Security OK for Sprint-Softbank deal
Sprint and Japan's Softbank say US regulators have found no unresolved national security issues relating to Softbank's proposed takeover of the US mobile operator......
China's growth forecast cut by IMF
The International Monetary Fund cuts its economic growth forecast for China in 2013 to "around 7.75%", with the weak global economy set to hit exports......
Network Rail execs get pay bonuses
Network Rail's top five executives have been awarded bonuses equivalent to 17% of their annual salaries......
London Market Report
After Tuesday's sharp gains, the FTSE 100 drops more than 1% as investors look to take profits......
Retail sales 'down sharply' in May
UK retail sales fell at the fastest annual pace for 16 months in May, according to the CBI - a business lobby group......
Tenants' deposits 'must be safe'
A housing charity is urging tenants to check that their deposits are held in an official protection scheme......
Record industry denies failing stars
The BPI's chief executive hits back at accusations that labels are failing pop stars because of a lack of long-term investment in new artists' careers......
Ex-KPMG man admits insider trading
A former senior partner at KPMG agrees to plead guilty to insider trading, in a scandal that has damaged the accountancy giant's reputation......
Heathrow 'needs to close' for hub
If the government decides to expand Stansted or build a new estuary airport to form the UK's major air hub, Heathrow Airport will need to close, a transport think tank says......
Bayern Munich 'most valuable brand'
Bayern Munich has overtaken Manchester United to become the world's most valuable football brand, a branding agency says......
Australia ranked 'happiest' nation
Australia is ranked as the world's happiest nation among developed economies, according to the Organisation for Economic Co-operation and Development......
Portas High Streets still struggling
New research paints a mixed picture of success in the towns at the heart of the government's 1.2m Portas scheme intended to revive the High Street......
Payday lenders 'out of control'
The payday loan industry is "out of control", a charity says, following claims of irresponsible lending and harassment......
Agreements reached on spending plans
Chancellor George Osborne says seven departments, including justice, energy and local government, have agreed savings of up to 10% for 2015......
OECD cuts eurozone growth forecasts
The OECD has again cut its growth forecasts for the eurozone and called on the European Central Bank to consider doing more to boost growth......
US house prices 'see strong rise'
US house prices see their biggest annual rise in nearly seven years while consumer confidence hits a five-year high, boosting US stock markets......
UK and Germany 'oppose China duties'
The UK and Germany are among at least 14 EU members against proposals to impose punitive tariffs on Chinese solar panel imports, according to diplomats......
New bid approach for Coventry City
Coventry City are approached by an Asian consortium looking to take total control of the League One club......
AUDIO: I wanted to be a footballer - Sainsbury's boss Justin King
Sainsbury's chief executive Justin King talks to School Reporters about his early career plans, his business philosophy - and his first kiss!.....
VIDEO: Tata Motors sees first sales decline
Tata Motors has grown rapidly, but a slowing economy has prompted sales to fall for the first time in over a decade.....
VIDEO: EU nations allowed to ease austerity
The European Commission has said it will allow some EU member states to slow their pace of austerity cuts, amid concerns over growth......
VIDEO: 'Portas Pilots' struggle one year on
BBC research into the government-funded "Portas Pilot" towns reveals that 10 out of 12 towns have seen a fall in the number of occupied shop units......
VIDEO: 'I've seen a huge drop in trade'
Ten of the 12 government-funded "Portas Pilot" towns have seen a fall in the number of occupied shop units......
VIDEO: Emigration 'tough on Irish economy'
Youth organisations in Ireland are warning that the number of young people emigrating could be devastating for the country's economy......
VIDEO: OECD: UK austerity 'necessary'
The OECD has cut its growth forecast for the UK to just 0.8% this year, saying that austerity plans had affected growth, but that the measures were "necessary"......
VIDEO: IMF cuts China growth forecast
The International Monetary Fund has cut its growth forecast for China to 7.75% from 8%, warning that a weak world economy could lead to a fall in demand for Chinese goods......
Why leasing a new shop can be hard
'Why can't I find an empty shop in a town of boarded-up premises?'.....
Can UK economy cope with another shock?
Could the UK economy withstand another shock?.....
India's ancient university returns to life
University accepts first new students for 800 years.....
Asia's new frontier
The challenges of tapping Burma's massive economic potential.....
Squash stars hope for Olympic bounce
Players hope for higher pay as sport makes Olympic bid.....
LCD screen pioneer looks to future
LCD screen tech pioneer looks to the future.....
Sainsbury's chief executive Justin King Q&A
Who would the Sainsbury's boss like to switch places with?.....
U.S. Day Ahead: Expect more signs of economic strength
May 29 - If you are trying to bet on where the Fed will go next, then focus on initial jobless claims and revised GDP numbers on Thursday......
NEWSMAKER: U.S. Fed being asked to do too much - Volcker
May 29 - Former Federal Reserve chairman Paul Volcker says the U.S. central bank shouldn't be called upon to support every sector of the economy and feels there are too many regulatory agencies in the country......
FACTBOX: China's food fervor and fiascos
May 29 - China's Shuanghui International said it would buy Smithfield Foods to help satisfy growing demand for U.S. meat in its home market, which has suffered from a series of food safety scandals......
Balloons set to take wind power to new heights
May 29 - Boston-based company Altaeros has developed a new wind power generator in the form of a giant balloon they say will offer a cheap renewable energy alternative to communities off the grid. Ben Gruber has more......
Techquity: Not liking Facebook, Google goes shopping
May 29 - Users and advertisers ask Facebook to be more vigilant about cracking down on hate speech. Plus, Google beefs up its retail offerings......
Daily Digit: Sales at Kors hit $2.2 bln
May 29 - Sales at Michael Kors hit $2.2 billion for the fiscal year driven by luxury spending around the globe. Conway G. Gittens reports......
OECD cuts world economic forecast
May 29 - The outlook for global economic growth remains weak, according to the latest OECD report. Kirsty Basset reports that while the United States and Japan shows signs of picking up, the euro zone is still mired in recession......
Trading at Noon: Smithfield China deal shocks investors
Correspondent Greg Roumeliotis......
Breakingviews: Bringing home the bacon
May 29 - Rob Cox and Robert Cyran discuss Shuanghuis $4.7 bln deal to buy Smithfield and the Chinese companys strategy to export good pork out of the U.S......
Heart shunt implant shows promise as treatment for millions
May 29 - Diastolic heart failure is responsible for more than half of all cardiac failure. The condition is usually treated with drugs, but now, a new device being tested in the Czech Republic could provide more effective treatment for millions of su.....
Europe looks for answers to youth unemployment
May 29 - Tackling youth unemployment will be high on the agenda at the European Council in June, with 64 per cent youth unemployment in Greece, and 57 per cent in Spain. As Kirsty Basset reports, French President Francois Hollande is calling for urge.....
Europe Day Ahead: Banking union to top "Merkande" agenda
Hollande and Merkel meet to discuss the thorny issue of banking union. Also tomorrow: Italy sells bonds, revised Spanish GDP, euro zone consumer and business sentiment expected to rise. Yes, rise......
Man U ejected from brand throne
May 29 - Bayern Munich, which won the Champions League title at the weekend, knocks Manchester United from the top spot in brand value for the first time in seven years, with a brand valuation of 668 million euros. Ciara Sutton finds out what gives t.....
Global joblessness to hit 200mln this year ILO
May 29 - Global unemployment will hit 200mln this year, and declarations of intent to tackle the problem will mean nothing without action, says International Labour Organisation director general Guy Ryder......
Global joblessness to hit 200mln this year ILO
May 29 - Global unemployment will hit 200mln this year, and declarations of intent to tackle the problem will mean nothing without action, says International Labour Organisation director general Guy Ryder......
U.S. seizes Liberty Reserve over money laundering
May 29 - U.S. prosecutors have seized control of digital currency exchange Liberty Reserve, accusing it of helping criminals around the world launder more than $6 billion in illicit funds linked to everything from child pornography to software for ha.....
U.S. also fighting youth unemployment war - Hormats
May 29 - Bob Hormats, U.S. Under Secretary of State, says it's not just Europe which is fighting youth unemployment, but the U.S. focus on training and skills is working......
Market Pulse: Beginning of a U.S. bond bear market? Not so fast
May 29 - U.S. Treasury yields above 2% and rising, probably up to 2.3% in the near term says IdeaGlobal's Mike Gallagher. But the start of a multi-year bear market? Not so fast......
China netizens hope writing's on the wall for rude tourists
' Anita Li......
Breakingviews: Europe yields to austerity reality
May 29 - European countries are to get more time to hit hair-shirt deficit targets, but the snag is that gentle markets will ease pressure for reform, says Breakingviews......
Gurria on OECD's Economic Outlook
May 29 - The OECD Secretary General, Angel Gurria, gives his review of the global economy and when the Fed should begin to taper monetary stimulus......
Luxembourgs Frieden on austerity, tax
May 29 - Is Luxembourg, one of the last proponents of austerity, ready to change its tack on the subject? We speak to Finance Minister Luc Frieden......
FACTBOX: U.S. jets struggle to evade Chinese hackers
May 29 - Weaknesses across the U.S. defense supply chain mirror those in the broader private sector, with hackers from China able to spirit away critical research and data despite efforts to secure both......
Reuters Today: No calm for "hypersensitive" markets
Today is live from Paris where the OECD publishes its latest global growth forecasts. Choppy markets on U.S. data alert, as the dollar continues to ride high, says HSBC's Daragh Maher......
Remember Grexit? Forget it. Ain't happening-Greek finmin
at the OECD......
Warren Buffett buys Las Vegas power supplier NV Energy for $5.6bn
Berkshire Hathaway's power production unit MidAmerican Energy is to pay $5.6bn (3.7bn) for NV Energy, the electric utility that serves Las Vegas and its power-hungry casinos.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
News Corp accused of appeasing DoJ over 'leak'
News Corporation has been accused of mollifying the US Department of Justice in a row over one of its Fox News journalists, as it seeks to stem the potential fallout from the investigation into police bribery at News Corp's UK newspapers.<img widt.....
Francois Hollande tells European Commission it can't 'dictate' to France
Francois Hollande has warned the European Commission not to "dictate" orders on how France should run its economy after the Brussels executive called for urgent eurozone reforms to avert a "social emergency".<img width='1' height='1' src='http://t.....
France must reform or the euro will die
Francois Hollande has accused Brussels of "dictating" cuts to France's cherished social model.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c94fcac/mf.gif' border='0'/><div class='mf-viral'><table .....
OECD calls for NHS ringfence to be reconsidered
The Government should rethink its decision to protect the health service from spending cuts as "much more needs to be done" to get the UK's public finances in order, the Organisation for Economic Co-operation and Development has said.<img width='1.....
No saviour in sight as world credit cycle rolls over
This may be as good as it gets for the world economy. The HSBC index for the global business cycle hit a three-year high around Easter, and has since rolled over.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c.....
Lloyds continues sale of private banks
Lloyds Banking Group has sold two private banking businesses as the state-backed lender continues to cut its international presence as part of its turnaround plan.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
China demand drives Jaguar Land Rover to record profits
Jaguar Land Rover has outlined plans to invest 2.75bn over the coming year on the back of record sales and profits, driven by accelerating demand from China.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c93fb2.....
Boris Johnson unveils plan for 1bn Chinese business district
Boris Johnson, the Mayor of London, has unveiled a 1bn project to turn the capital's docklands into a Chinese business district, creating 20,000 jobs.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c943f1c/mf.gi.....
Nasdaq fined $10m over Facebook IPO mistakes
Nasdaq has agreed to pay $10m (6.6m), the largest penalty ever levied against a stock exchange, to settle civil charges stemming from mistakes made during Facebook's initial public offering last year.<img width='1' height='1' src='http://telegraph.....
Sir Mervyn King to bow out with a song on Desert Island Discs
BBC declines to disclose the central bank governor's musical choices before Sunday's broadcast.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c943f20/mf.gif' border='0'/><div class='mf-viral'><table.....
FTSE 100 gives up gains
London's blue-chip index erased the 1.6pc rise it experienced on Tuesday<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c943aa1/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr&g.....
Business news and markets: as it happened - May 29, 2013
The European Commission has warned that France's economic resilience is diminishing as it grants a raft of extensions for members to meet budget deficit targets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c9.....
OECD warns of zero growth in eurozone this year
Pier Carlo Padoan, chief economist at the OECD, says there will be no growth in the eurozone in 2013 and warns of high unemployment in the EU.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c931d95/mf.gif' borde.....
Business news and markets: live
The European Commission has warned that France's economic resilience is diminishing as it grants a raft of extensions for members to meet budget deficit targets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c8.....
Gulf Keystone seeks new chairman as it inches toward main market listing
Gulf Keystone Petroleum's chief executive Todd Kozel is giving up the role of chairman, as the AIM-listed oil explorer continues its slow progress towards a main market listing.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
Royal Mail banks in spotlight over Libor-rigging
The government is facing questions over its decision to hand the potentially lucrative mandate to float the Royal Mail to banks involved in the manipulation of Libor.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
Share tips: three UK companies to buy
Richard Plackett, of the BlackRock UK Special Situations fund, picks out three of his favourite stocks.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c925ed7/mf.gif' border='0'/><div class='mf-viral'>&.....
We won't pay your pensions, firms threaten
Workers risk losing the pension savings they are entitled to because some employers plan to break a new law requiring them to enrol all their staff into a pension scheme.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Nine more countries sign deal to clampdown on tax avoidance
More information for HMRC as Austria, Luxembourg and seven more countries join tax deal.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c90c794/mf.gif' border='0'/><div class='mf-viral'><table border.....
Like mother, like son: The rise of female breadwinners and the changing role of women in society
Ahead of the centenary of the suffragette who threw herself under the King's horse at the Derby, businesswoman Emma Sinclair looks at the changing role of women in society.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Ousted INM chief Gavin O'Reilly returns as rock agent
Gavin O'Reilly, the former chief executive of Independent News & Media, has re-emerged to lead the Agency Group, a live music company representing artists including Dolly Parton and Ringo Starr.<img width='1' height='1' src='http://telegraph.f.....
New BoE chief Carney will devalue sterling, Pimco warns
Mark Carney will try to devalue the pound by as much as 15pc after he takes over as Bank of England Governor in July in a last ditch attempt to cement the UK recovery, the world's largest bond house has warned.<img width='1' height='1' src='http:/.....
Carney will devalue sterling, PIMCO warns
Mark Carney will try to devalue the pound by as much as 15pc after he takes over as Bank of England Governor in July in a last ditch attempt to cement the UK recovery, PIMCO, the world's largest bond house, has warned.<img width='1' height='1' src.....
Network Rail chiefs pocket bonuses as punctuality falls
Network Rail's top five directors awarded more than 350,000 in bonuses despite train punctuality falling.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2c90c795/mf.gif' border='0'/><div class='mf-viral'>.....
