British Gas plans free power offer
British Gas says it is planning to offer free electricity on Saturdays to some of its customers to encourage more power use at weekends......
US economic growth beats forecasts
The US economy grew at an annualised pace of 1.7% in the second quarter of the year, more than expected, official figures show......
US central bank predicts more growth
The Federal Reserve maintains its bond-buying programme and predicts a pick-up in growth in the US economy......
Facebook shares pass float level
Facebook's share price rises above its $38 flotation level for the first time since the shares began trading last year, before falling back......
EADS to change its name to Airbus
EADS, the parent company of Airbus, says it is to rename itself after its commercial plane-making subsidiary......
Fined card insurer secures jobs
A credit card insurer, fined a record 10.5m for mis-selling insurance, is handed a 36m lifeline securing 725 UK jobs......
Tesco wins in 'chicken korma' war
Tesco wins a battle with arch-rival Sainsbury's, over the validity of its "Price Promise" campaign, after a ruling from the Advertising Standards Authority......
Taylor Wimpey in record home orders
Orders for housebuilder Taylor Wimpey homes reach record levels supported by the government's Help to Buy scheme......
Council parking income 'set to rise'
Ministers say a projected 30m rise in councils' parking income this year shows that charges need to be "reined in"......
IMF says Greece must deliver reforms
The IMF says Greece must deliver long-promised reforms and promote growth, but says the nation is on course to exit recession......
Insurers 'encourage fraud' say MPs
A group of MPs is accusing the motor insurance industry of encouraging fraud and exaggeration in accident claims......
New Siemens boss 'to return order'
The new boss of the German engineering firm Siemens says his priority is to stabilise the company after its former chief executive was dumped this week......
Samsung denies phone test trick
Samsung issues a strong denial that it designed the chip in some versions of its Galaxy S4 handset to produce misleading graphics benchmark scores......
UK completes 4G airwave clearance
Engineers complete the UK's 4G airwave clearance, but many networks have yet to announce a date to launch their high-speed mobile services......
Nintendo's Wii U sales disappoint
Sales of the latest Nintendo games console, the Wii U, slowed in the three months to June, but the weaker yen helped the firm back to profit......
Peugeot says Europe sales to fall 5%
Peugeot-Citroen makes progress with its European restructuring as it predicts further falls in demand on the continent......
Eurozone unemployment in slight fall
The number of people unemployed in the eurozone fell for the first time in more than two years in June, but the jobless rate stayed at a record 12.1%......
Bank of England aided Nazi gold sale
The Bank of England helped in the sale of gold stolen by Nazis after the 1939 invasion of Czechoslovakia, new documents show,.....
Rihanna wins Topshop court case
Pop star Rihanna wins a legal battle with clothing retailer Topshop over a T-shirt bearing her image......
Thousands in 50s 'fear losing homes'
Nearly a quarter of people in their early 50s polled by Age UK are worried that they will be forced to leave their homes......
'Crackdown' plan for nuisance calls
A range of measures to stop unwanted marketing phone calls and texts is being planned, says Culture Secretary Maria Miller......
Japan reports weak economic data
Japan posts weaker-than-expected economic data, underlining the challenges the government faces as it tries to revive the country's economy......
Sreesanth charged in fixing scandal
Indian fast bowler S Sreesanth is charged with 38 others in a spot-fixing scandal that has rocked the Indian Premier League......
Dunfermline set for fan ownership
Fans' group Pars United will take over Dunfermline as creditors vote in favour of accepting a company voluntary arrangement......
Tax charge for Bayern Munich chief
German prosecutors charge the president of European champions Bayern Munich, Uli Hoeness, with tax evasion after a lengthy inquiry......
VIDEO: 'How I became a millionaire at 22'
Jamal Edwards is publishing his first book at the age of 22 having already started his own broadcasting company estimated to be worth 8 million......
VIDEO: Wii U 'flogging a dead horse'
Sales of Nintendo's latest games console, the Wii U, slowed in the three months to June. Gaming expert Keza Macdonald said the next six months would be crucial for Nintendo......
VIDEO: Rihanna claims Topshop victory
Pop star Rihanna wins a legal battle with clothing retailer Topshop over a T-shirt bearing her image......
AUDIO: 'Why I lied about whiplash twice'
A man from Doncaster admits on BBC Radio 5 live to lying about having whiplash in order to claim insurance money......
VIDEO: 'I'm pleased with the numbers'
The world's biggest distiller of Scotch whisky, Diageo, has reported an 8% rise in annual profits driven partly by US spirits sales. New Chief Executive Ivan Menezes said he was excited about emerging markets......
VIDEO: Cheaper food after cartel demise?
Farmers around the world could soon benefit from lower fertilizer prices following the break-up of one of the largest cartels selling the key ingredient potash......
AUDIO: Today business round-up
Business news with Today business presenter Simon Jack.....
AUDIO: 'Centrica can't subsidise bills'
Energy expert Cornelia Meyer discusses British Gas owner Centrica's reported rise in half-year profits.....
Coloured gemstones outshine diamonds
Why coloured gemstones are outshining diamonds.....
Aberdeen's role in North Sea oil
How Aberdeen has turned North Sea oil into global knowledge.....
How the US economy is being recalculated
How the US economy is being recalculated for the 21st Century.....
VIDEO: Google Chromecast takes on TV
Google's latest attempt to put internet content on our TVs.....
The decline of privacy in open-plan offices
The offices where you can never have a private conversation.....
The quiet death of the alcopop
Whatever happened to the alcopops of the mid-1990s?.....
U.S. Day Ahead: LinkedIn's Facebook strategy
July 31 - LinkedIn reports earnings and we'll find out how the plan to keep members staying longer on the site. Plus Activision details its strategy as a newly independent company......
Techquity: Facebook's bumpy ride, dude got a Dell problem
July 31 - Facebook gets back to IPO price and looks similar to another networking stock. Plus, Michael Dell's bid for Dell faces more hurdles......
Daily Digit: 72% choose thin over $
July 31 - A new survey found that 72% of Americans would rather keep their current debt than gain 25 pounds. Bobbi Rebell reports......
Peugeot scores as cutbacks kick in
July 31 - PSA Peugeot Citroen raises its 2013 cash goal, saying spending cuts and an alliance with General Motors has already begun to pay off. But as Hayley Patt reports some are saying the strategy has come too late......
Trading at Noon: Facebook gets its IPO mojo back
July 31 - For the first time since Facebook's IPO the stock has surged past its $38 debut price. Bill Ackman targets his biggest fish yet: $2.2 billion for Air Products......
Facebook no longer just a fad-CNET Editor
July 31 - We talk to Dan Ackerman, Senior Editor at CNET, about the strategies used by Facebook to climb back to its $38 IPO price. Bobbi Rebell reports......
NBCUniversal lifts Comcast's profit
July 31 - Hits like "Fast and Furious 6" and "The Voice" boosted Comcast's profit to $1.7 billion. And the cable company pulled in more broadband subscribers. Fred Katayama reports......
Breakingviews: Facebook tops IPO price
July 31 - Reynolds Holding talks with Breakingviews columnists about the companys shares finally rising above $38 and how breakthroughs in mobile advertising made that possible......
Kaeser is new king of Siemens
July 31 - German engineering conglomerate Siemens dumped its Chief Executive Peter Loescher and appointed Finance Chief Joe Kaeser to the top job, in one of Germany's most dramatic boardroom battles in years. Joanna Partridge looks at the challenges .....
EADS changes name to Airbus
July 31 - Europe's EADS confirms plans to reorganize in three divisions and change its name to Airbus, adopting the look and feel of its arch-rival Boeing in a bid to become more competitive. Joel Flynn looks at the reasons behind the change and whet.....
Wealth Strategies: Janet Yellen should be next Fed chief
July 31 - Eaton Vance's Kathleen Gaffney says the latest reading on GDP isn't enough for the Fed to ramp up talk about ending stimulus and thinks Janet Yellen is the best choice to head the central bank......
Europe Day Ahead: ECB, BoE words to speak louder than actions
July 31 - After the Fed, its the ECB and Bank of England in the spotlight, with the focus on what the banks say about future policy direction. Meanwhile ArcelorMittal looks set for another big profit tumble......
U.S. Morning Call: Facebook cents away from $38 IPO price
July 31 - Facebook's stock is just pennies shy of its $38 debut price for the first time since its rocky initial public offering more than a year ago......
Market Pulse: European investors still "bank-shy"
July 31 - BNP Paribas the latest European bank to report in the current mega-earnings week. Investors like what they see, but are still extremely cautious on the sector. And Siemens says Auf Wiedersehen Pete......
China corporate sleuths go from hunter to hunted?
July 31 - Multinationals in China often rely on corporate investigators to uncover fraud or assess possible partners. Poseidon Group CEO Velisarios Kattoulas explains why the sector faces increasing scrutiny......
Breakingviews: Santander, BBVA should cut dividends
July 31 - It might sound counter intuitive to some, but now is the time for Spain's Santander and BBVA to cut dividends, says Breakingviews. And BNP Paribas' push into Germany could be challenging......
Macau casino mogul David Chow rolls the dice again
July 31 - Macau Legend Development CEO David Chow explains why he's staking the firm's IPO proceeds on a remake of his failed theme park that will include a casino resort and dinosaur museum......
Fakes stalk China's booming baby formula industry
July 31 - Hundreds of supposedly imported infant formula brands have sprung up in China, confusing parents and capitalizing on safety fears. But the near $25-billion business may be poised for a shakeup......
Reuters Today: EADS...Just Call Me Airbus
July 31 - A look at key European earnings results from EADS, Peugeot, VW, BNP Paribas and Diageo......
Cost cutting, cautious lending pays off for BNP Paribas: COO
about the outlook for the rest of the year......
Daily Digit: French bank eyes Germany
July 31 - French bank BNP Paribas unveils a plan to boost its presence Germany after fresh cost cuts failed to offset sliding quarterly earnings in markets like Italy. As Joel Flynn reports the bank's COO says new markets are key......
Consumers not ready for 3D printing wave
July 30 - 3D printer sales continue to rise but experts say 3D printers haven't yet earned a spot in our living rooms. Havovi Cooper reports......
Stocks mixed ahead of Fed statement
July 30 - Summary of business headlines: Stocks close mostly higher ahead of FOMC statement; Pfizer beats forecasts; Major shakeup in Potash business weighs on key players; Home prices up. Bobbi Rebell reports......
U.S. Day Ahead: Facebook closes in on $38 IPO price
July 30 - Facebook closes in on its $38 IPO price. The government releases weak Q2 economic growth and the Fed talks tapering.. or not......
Techquity: Apple critic still a fan, Twitter IPO sign
July 30 - An Apple critic says he still likes the stock while Twitter posts a job opening that could aid its move toward an IPO......
Globalisation has a darker side - and it's a challenge to us all
When things go wrong, nation states and their taxpayers will have to pick up the pieces, argues Iain Martin<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f66d307/sc/25/mf.gif' border='0'/><div class='mf-v.....
Business news and markets: as it happened - Wednesday, July 31
Eurozone unemployment rate holds steady at 12.1pc in June from a month earlier after May's data was revised down, while the number of unemployed people in the 17 nations has fallen.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
Blame Centrica's price rises on the Government
Criticism from some who appear to object to British Gas making a return on investment.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f66d304/sc/25/mf.gif' border='0'/><div class='mf-viral'><table bo.....
Never mind the Czech gold the Nazis stole...
The Bank for International Settlements actually financed Hitler's war machine, says Adam Lebor<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f66d0f3/sc/25/mf.gif' border='0'/><div class='mf-viral'><.....
Business news and markets: live
Eurozone unemployment rate holds steady at 12.1pc in June from a month earlier after May's data was revised down, while the number of unemployed people in the 17 nations has fallen.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/.....
How the Fed's view of the US economy has changed
The Federal Reserve has kept interest rates and QE on hold but warned on inflation. Here is how the Fed has changed its views since its last decision.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f662eb3/sc/25.....
Federal Reserve to stick with QE until economy strengthens
The US Federal Reserve has deferred the threat of tapering, saying it will keep its $85bn-a-month bond buying programme in place until America's "modest" economic recovery appears stronger.<img width='1' height='1' src='http://telegraph.feedsporta.....
Commodity supercycle in rude health despite shale
The Oil Drum is closing down after eight years, eclipsed by shale and fracking in the US.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f662a01/sc/2/mf.gif' border='0'/><div class='mf-viral'><table .....
Federal Reserve holds rates and QE: the full text
The Federal Reserve has kept interest rates and QE on hold but warned on inflation. Here is the full text from the US central bank.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f656d26/sc/25/mf.gif' border='0'.....
Conviviality leaps on Aim debut
Investors toasted a strong performance from the Bargain Booze owner.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f656d27/sc/2/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr&.....
Diageo's new boss sets out vision for drinks giant
New Diageo chief executive Ivan Menezes might have been expected to bring some big ideas to the table when he took over from Paul Walsh at the helm of the world's biggest drinks company one month ago.<img width='1' height='1' src='http://telegraph.....
How Facebook emerged from its own dotcom crash
Facebook has been forced to eat a lot of humble pie over the last year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f654f9b/sc/21/mf.gif' border='0'/><div class='mf-viral'><table border='0'><.....
Lord Sugar wins 1m loan repayment in theatre's victory over Aviva
Lord Sugar is to receive full repayment of a 1m interest-free loan he made to the Hackney Empire after the theatre triumphed in a long-running legal battle with the insurance giant Aviva.<img width='1' height='1' src='http://telegraph.feedsportal......
Air France to cut 2,500 jobs
Air France has confirmed its intention to cut around 2,500 jobs in 2014 as part of a wide-ranging restructuring drive that has already seen thousands take voluntary redundancy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
EADS changes name to Airbus in shake-up
EADS is to take the name of its flagship Airbus brand and merge its defence units into a single division in the latest signal it has moved on from last year's abortive BAE merger.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
City investors to list 1.5bn vehicle to buy RBS unit
A group of the City's best known investors are to float a 1.5bn vehicle to buy the RBS's 316 "Rainbow" branches before they have found out if they have won an auction for them.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726.....
Invensys agrees 3.4bn takeover deal by Schneider Electric
British engineer Invensys has agreed a 3.4bn takeover by Schneider Electric, as the French power equipment maker aims to compete with Siemens and Mitsubishi.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f60571.....
Was Montagu Norman a Nazi sympathiser?
New documents from Bank of England shed light on Britain's first modern central banker.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f64a3d3/sc/25/mf.gif' border='0'/><div class='mf-viral'><table b.....
National Farmers' Union backs Sainsbury's in Tesco price-matching row
The National Farmers' Union has backed Sainsbury's in its row with supermarket rival Tesco over its Price Promise promotion.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f64a3d4/sc/7/mf.gif' border='0'/><.....
CPP saved by banks a year after being fined for mis-selling
A company that mis-sold mobile phone and credit card insurance to thousands of customers has been handed a 36m lifeline by its banks, saving more than 700 jobs in the UK.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Facebook finally beats IPO price in boost for Mark Zuckerberg
Facebook shares back above $38, buoyed by signs the social network has cracked mobile advertising.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f638635/sc/21/mf.gif' border='0'/><div class='mf-viral'>.....
Facebook finally beats IPO price in boost for Mark Zuckerberg
Facebook shares back above $38, buoyed by signs the social network has cracked mobile advertising.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f638636/sc/21/mf.gif' border='0'/><div class='mf-viral'>.....
Facebook finally beats IPO price in boost for Zuckerberg
Facebook shares have finally broken through the price at which the company floated, buoyed by signs the social network has cracked mobile advertising.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f637ea7/sc/15.....
US recovery accelerates as economy grows by 1.7pc in second quarter
America's economic recovery accelerated in the second quarter, as an increase in spending by businesses helped fuel economic growth to the equivalent of 1.7pc a year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/.....
The US economy in five graphs
Data show that the US economy grew by 1.7pc in the second quarter. Here are five charts that illustrate the health of the US economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f63679d/sc/25/mf.gif' border='.....
Wednesday, 31 July 2013
Tuesday, 30 July 2013
UK Financial News on 2013-07-30
September is 'golden month' for flotations
New research shows that post-summer deals are more likely to price within range and perform well.....
Big hedge funds enjoy buyers market for recruitment
Large hedge funds are capitalising on a difficult environment for start-ups by hiring portfolio managers who might once have set up on their own.....
Esma yields to pressure on futures reporting
Europe's top securities regulator is set to delay the start of key derivatives reporting rules by up to a year.....
Big Issue homes in on social investment
The street magazine's subsidiary Big Issue Invest is applying for regulatory approval for a fund management division.....
Fund managers aim to convert UK to US-style pensions
Three US asset managers are taking on the likes of domestic UK insurers Legal & General and Scottish Widows.....
UK venture capital market share hits record low
The country secured just 16% of all investment in the second quarter.....
Project Apple takes more bites out of RBS
Royal Bank of Scotland has suffered further senior exits from its investment bank as it plans to sell off assets.....
Lets hear it for an investment bank for football
New kinds of investment banks have become all the rage - Lord Nathanael Wei of Shoreditch wants one for football.....
Nasdaq boosts NLX to break rates duopoly
The London-based Nasdaq OMX NLX platform is viewed as a key part of Nasdaq's plans to diversify away from share trading.....
Investors to help with Permiras mega deals
Permira has lined up a group of large investors to help it do mega buyouts despite the firm struggling to raise large sums to invest.....
Aviva raises 425m in infrastructure push
Aviva Investors will invest its latest fund in performing, senior loans secured on assets primarily in western Europe.....
Barclays shares hurt by cash call
Barclays shares closed nearly 6% lower after the bank said it would issue 5.8bn in shares to meet new Bank of England rules......
JP Morgan pays $410m in energy case
JP Morgan's energy unit has agreed to pay $410m to settle charges from the top US energy regulator that it had manipulated energy markets......
Housing benefit challenge fails
A group of disabled people lose a High Court challenge to social housing benefit cuts for residents with spare bedrooms in England, Wales and Scotland......
BP Gulf fund to be 'fully utilised'
BP says the compensation fund that it set up to pay claims related to the Gulf of Mexico oil spill 'will be fully utilised' within the next three months......
Wall Street Market Report
Shares in global potash producing companies have dived by 20% on news of the ending of a Russian- Belorussian cartel......
Tax charge for Bayern Munich chief
German prosecutors charge the president of European champions Bayern Munich, Uli Hoeness, with tax evasion after a lengthy inquiry......
Thousands in 50s 'fear losing homes'
Nearly a quarter of people in their early 50s polled by Age UK are worried that they will be forced to leave their homes......
Fracking OK for North East - peer
Fracking should be carried out in the North East of England, where there are large, "desolate" areas, a southern-based former energy secretary says......
'Crackdown' plan for nuisance calls
A range of measures to stop unwanted marketing phone calls and texts is being planned, says Culture Secretary Maria Miller......
Domino's Pizza serves up profit fall
Domino's Pizza has delivered a 46% drop in first-half profits, as the company's German expansion plans are slowed......
Chrysler boosts profits at Fiat
Profits at Chrysler quadruple second quarter earnings at 58% owner Fiat.....
Santander bank profits rise sharply
Santander, the eurozone's biggest bank, saw its profits jump sharply after it set aside less money for bad debts......
ITV shares surge on profit rise
Shares in broadcaster ITV hit a 12-year high after it posted a better-than-expected profit, helped by a strong performance from its production arm......
London Market Report
The FTSE 100 edges higher, led by engineering firm GKN.....
Rise in abusive online message cases
The BBC reveals that thousands of charges relating to abusive electronic messages have reached England and Wales' courts in the last three years......
Japan reports weak economic data
Japan posts weaker-than-expected economic data, underlining the challenges the government faces as it tries to revive the country's economy......
UK 'slightly happier than last year'
The Olympics and Jubilee celebrations may have contributed to "small improvements" in people's happiness in the UK last year, the Office for National Statistics says......
47m investment in UK heritage sites
The Heritage Lottery Fund invests 47m in six existing and potential tourist attractions around the UK......
Energy watchdog 'failing consumers'
MPs call for the energy regulator Ofgem to do more to make profits at the big six energy companies more transparent and restore trust in the market......
Banks lend more to small businesses
Lending to small businesses rose in June by the largest amount for two years, Bank of England figures show......
Unison to challenge tribunal fees
Unison is to challenge new fees for workers bringing employment tribunals in the UK, after being granted permission to seek a judicial review......
China orders government debt audit
China orders a nationwide audit of all government debt, underlining fears that the recent slowdown in its economy may impact the financial sector......
Dunfermline set for fan ownership
Fans' group Pars United will take over Dunfermline as creditors vote in favour of accepting a company voluntary arrangement......
Stadium unlikely to build final tier
Millennium Stadium bosses all but rule out completing three tiers around the ground, fearing they would not recover the cost......
Saving Hearts needs 'millions more'
Hearts' administrator says bidders need to increase their offer by millions to prevent liquidation of the club......
VIDEO: 'I knew I hadn't used the card'
David Edmundson-Bird, principle lecturer in digital marketing at Manchester Metropolitan University, describes his experience as a victim of e-crime......
VIDEO: BMW launch first electric car
The BBC's Theo Leggett had a look around BMW's new electric vehicle which has been designed for easy access......
VIDEO: Targeted adverts no longer just online
Marc Cieslak discovers what adverts he would be watching when the adverts themselves know who he is.....
VIDEO: 3D printing comes to the high street
3D printing has been around for some time but now the technology is available for the same price as a top-end TV at shops......
VIDEO: Living in tiny homes in Hong Kong
Thousands of Hong Kong residents are living in homes barely big enough to fit a bed and a table, as Jennifer Pak reports......
VIDEO: Alaska's billion dollar business
Wild salmon is big business in Alaska with 14,000 livelihoods depending on the industry in the Bristol Bay area alone......
VIDEO: 'Internet is home for criminals'
The UK must do more to stop online fraud and deter state-sponsored cyber-espionage or risk losing the fight against e-crime, MPs have warned......
End of the road for Jeepneys?
Has the Philippine Jeepney lost its charm?.....
China's slowdown and the global glut
How China's slowdown affects the world economy.....
Omnicom and Publicis create behemoth
What's behind the Omnicom-Publicis mega merger.....
Using tech to save our water supply
Using technology to guard our most precious resource.....
The era of the sexually charged office
The time when secretaries had to be the 'office wife'.....
Real-life adverts 'know who you are'
Are facial recognition ads a step too far?.....
Gay activists shun Russian vodka
Gay protest against Russian crackdown spreads to London.....
U.S. Day Ahead: Facebook closes in on $38 IPO price
July 30 - Facebook closes in on its $38 IPO price. The government releases weak Q2 economic growth and the Fed talks tapering.. or not......
Techquity: Apple critic still a fan, Twitter IPO sign
July 30 - An Apple critic says he still likes the stock while Twitter posts a job opening that could aid its move toward an IPO......
Daily Digit: Home prices up 12.2%
July 30 - Home prices rose 12.2 percent year over year in May- the most since 2006 according to the S&P Case-Shiller Home Price Index. Bobbi Rebell reports......
Breakingviews: SECs Fab bind
July 30 - Richard Beales and Breakingviews columnists explain why regardless of the outcome, the SECs case against Tourre can only end with the Wall Street watchdog looking foolish......
Trading at Noon: Facebook nears $38; Einhorn likes GM, Apple
July 30 - Facebook's stock is nearing its IPO price of $38, as strong earnings from last week's report continue to boost shares; Greenlight's David Einhorn still likes Apple & thinks GM's a strong growth stock......
Losses widen at Sprint
July 30 - Sprint lost more money and customers than expected ahead of its acquisition by Softbank. Fred Katayama reports......
Economy key in Zimbabwe polls
July 30 - Zimbabwe's frail economic recovery hangs in the balance as Robert Mugabe squares up to arch rival, Morgan Tsvangirai, in general elections. As David Pollard reports, the finance ministry has already warned that the polls are hitting growth......
Is regulation strangling banks?
July 30 - Deutsche, UBS, Santander and Barclays all post second quarter numbers with big question marks hanging over risks for the sector going forward, but is the regulatory environment necessarily stifling banks to ensure economies are protected or.....
Europe Day Ahead: Big 48 hours for central banks
July 30 - The Fed kicks off a big 48 hours for central banks, with decisions due from the ECB and BoE a day later. VW and Peugeot headline on another busy day for European earnings......
U.S. Morning Call: Looks like Twitter is closer to IPO
July 30 - Twitter has posted a job opening for a financial reporting manager, signaling the company is making moves to go public - possibly before the end of the year......
Daily Digit: BP's spill payouts leap
July 30 - BP's $20 billion Gulf of Mexico oil spill trust fund has almost run out after provisions for compensation costs. As Hayley Platt reports it contributed to worse than expected second quarter results......
China and the big corruption clampdown
July 30 - A crackdown on corruption by Beijing has brought about unwanted headlines for some big international pharma companies. But why now? And can you do business in China without bribing?.....
Market Pulse: As fog lifts, "buy Europe" view shines through
July 30 - With recession close to ending, investors have been buying Europe - and there may be plenty more of that to come, especially in stocks. But Europe's banks continues to struggle relative to US peers......
Mid-market phobia may give HTC nightmares
looks at the problems facing HTC, and whether CEO Peter Chou is the right man to fix them......
Barclays cash call, UK bank earnings round-up
July 30 - Barclays seeks $9 bln from shareholders to appease regulators. Julian Skan from Accenture examines the outlook for the UK banking giant and its peers......
BP at the mercy of higher taxes, Rosneft & oil spill costs
July 30 - Higher taxes, a lower-than-expected contribution from Rosneft and mounting compensation claims hit BP's Q2. Breakingviews argues the derisory valuation will be hard to correct......
Reuters Today: Super Tuesday Bank Bonanza
July 30 - Barclays, UBS, Deutsche & Santander among more than 40 major European companies reporting results today......
Factory inspections not up to par
July 30 - Confusion remains in garment factory inspections in the wake of a deadly building collapse earlier this year. Julie Noce reports......
Herbalife's healthy earnings
July 29 - Summary of business headlines: Herbalife raises forecasts; Markets step back ahead of Fed meeting; Publicis to merge with Omnicom; Hudson Bay offers $2.4b for Saks; Elan to join with Perrigo; June home sales fall. Havovi Cooper reports......
BMW eyes Tesla as it launches electric car
July 29 - BMW is heavily promoting its new i3 electric car- with the i8 sports car to soon follow- in an effort to grab a chunk of the small but growing market for upscale electric cars. Bobbi Rebell reports.....
U.S. Day Ahead: What's Einhorn eying next
July 29 - David Einhorn's hedge fund Greenlight Capital reports second-quarter results. He is expected to talk about trading ideas and investors will be listening for what companies he mentions......
Techquity: Cheaper iPhone clues, Amazon hiring
July 29 - Clues about a cheaper iPhone come from an unlikely place. Plus, Amazon plans to increase staff at its fulfillment centers......
"Tesla is important as an example to us" - BMW CEO Reithofer
JUly 29 - BMW CEO Norbert Reithofer says Tesla is an important competitor, and an example in electric mobility that will be very important in the future, as BMW launches its i3 electric car. Bobbi Rebell reports......
BMW goes electric but will i3 sell?
July 29 - Best known for their sporty saloons and gas-guzzling SUV's, Germany's BMW has launched it's first fully electric vehicle the i3. Hayley Platt asks whether the German auto maker's $2.7 billion dollar investment was largely forced upon it by .....
Daily Digit $46.1 Bln in Monday Mergers
July 29 - Three huge deals in advertising, pharma and retail make for an exciting 'Merger Monday' adding up to a total of $46.1 billion. Havovi Cooper reports......
British people most anxious as they approach retirement
People on the verge of retirement are the most anxious in Britain, according to official figures.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5abfa2/sc/7/mf.gif' border='0'/><div class='mf-viral'>&l.....
SEC charges analyst Sandeep Aggarwal in SAC Capital case
The Securities and Exchange Commission stepped up its crackdown on insider trading by charging former Collins Stewart analyst Sandeep Aggarwal with passing information to an SAC Capital trader.<img width='1' height='1' src='http://telegraph.feedsp.....
We won't be signing up for any more Gulf settlements in a hurry, says BP
BP is now "highly unlikely" to enter into settlement talks with the US government over civil penalties for the Gulf of Mexico disaster, as it digs in for a long legal battle over the separate, ill-fated compensation deal it agreed last year.<img w.....
Fabrice Tourre and the 'make believe' world of Goldman Sachs
Former banker painted as a calculating fraudster in closing statements of trial.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5aae1c/sc/25/mf.gif' border='0'/><div class='mf-viral'><table border='.....
Monetarists see recovery danger from 'Summers Fed'
Fears Larry Summers will push for withdrawal of monetary stimulus and endanger America's fragile recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5aae1d/sc/2/mf.gif' border='0'/><div class='mf-vir.....
Next says shoppers more 'spontaneous' and harder to read
Clothing retailer Next says British shoppers have become more "spontaneous" and harder to read, with holidays and the weather having a larger effect on sales.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f56f0.....
Tullett boss flags potential volatility
Chief executive Terry Smith said investors were too "sanguine" about threats.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f59f11a/sc/2/mf.gif' border='0'/><div class='mf-viral'><table border='0'&g.....
RBS succeeds in attempt to force lawsuits over 12bn rights issue to be combined
RBS wanted a number of different class action lawsuits related to its 12bn rights issue in 2008 to be combined.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f59eed6/sc/25/mf.gif' border='0'/><div class='.....
Bank of England helped the Nazis to sell plundered gold
The Bank of England has admitted its role in one of the most controversial episodes in its history - helping the Nazis sell gold plundered from Czechoslovakia months before the outbreak of the Second World War.<img width='1' height='1' src='http:/.....
Fewer women being appointed to FTSE boards
Women account for just 16.5pc of all appointments to FTSE 100 firms.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f58fe06/sc/25/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr.....
Weir shorters squeezed despite fall in profits
Weir Group has reported a 14pc fall in first-half profits, as the engineering firm reported a slowdown in demand for mining equipment.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f54d059/sc/2/mf.gif' border='.....
Dodgy payday lenders throw in the towel
Fifteen out of 50 payday lenders have thrown in the towel after being given a deadline by the trading watchdog to prove their business practices were up to scratch.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Business news and markets: as it happened, July 30, 2013
Americans' confidence in the economy fell in July, consumers were less optimistic about the outlook for the economy and labour market, but remaining close to the highest level in more than five years.<img width='1' height='1' src='http://telegraph.....
How Barclays lost to the 'capital Taliban'
'When you look at our level of capital, when you look at our quality of capital, when you look at our ability to generate capital, I believe we pass the capital fitness test." So spoke Bob Diamond in 2010.<img width='1' height='1' src='http://tele.....
Business news and markets: live
Americans' confidence in the economy fell in July, consumers were less optimistic about the outlook for the economy and labour market, but remaining close to the highest level in more than five years.<img width='1' height='1' src='http://telegraph.....
Britain is playing catch-up to the US manufacturing boom
America, like Britain, is not having an easy recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f58358a/sc/7/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td vali.....
Germany loves our pizza despite losses claims Domino's
The chief executive of Domino's Pizza has promised that its loss-making German operation will eventually come good, insisting that Germans "love" the company's pizza despite losses from its operation there slicing group profits in two.<img width='.....
Twitter fuels IPO rumours with job ad
Twitter has given the clearest signal yet it is gearing up for an IPO after advertising a vacancy for a financial reporting manager responsible for the company's regulatory filings "when it is ready to go public".<img width='1' height='1' src='htt.....
Volkswagen sues UK university after it hacked sports cars
Carmaker sues University of Birmingham to stop it revealing how to hack anti-theft systems.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f582ea4/sc/33/mf.gif' border='0'/><div class='mf-viral'><tab.....
How to value a small retail business
The high street might be experiencing tough times, but some independent shops are still thriving. But how should entrepreneurs value their small retail businesses?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Fertiliser prices to plunge as Russian potash cartel collapses
Farmers worldwide are expected to see fertiliser prices plunge by a quarter as the break up of a Russian potash cartel looks likely to spark a global price war.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f57.....
Frightened investors pull record 624m out of bond funds
A "bubble" threat to savers' nest eggs has led to the highest rate of withdrawals from bond funds ever recorded for a single month.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5822f0/sc/25/mf.gif' border='0'.....
Games Workshop abandons fantasy for plain speaking
Its products come from a fantasy world, but Games Workshop's results are disarmingly honest.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5755da/sc/5/mf.gif' border='0'/><div class='mf-viral'><tab.....
Barclays battles FCA findings over Qatari rescue deal
Barclays is facing a legal battle with Britain's market regulator over its controversial 2008 capital raising with a Qatari sovereign wealth fund that helped the bank avoid a taxpayer bailout at the height of the financial crisis.<img width='1' he.....
Bank of China cash injection soothes bank crisis fears
Chinese central bank injects liquidity into the market for the first time since February.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5755db/sc/25/mf.gif' border='0'/><div class='mf-viral'><table.....
New research shows that post-summer deals are more likely to price within range and perform well.....
Big hedge funds enjoy buyers market for recruitment
Large hedge funds are capitalising on a difficult environment for start-ups by hiring portfolio managers who might once have set up on their own.....
Esma yields to pressure on futures reporting
Europe's top securities regulator is set to delay the start of key derivatives reporting rules by up to a year.....
Big Issue homes in on social investment
The street magazine's subsidiary Big Issue Invest is applying for regulatory approval for a fund management division.....
Fund managers aim to convert UK to US-style pensions
Three US asset managers are taking on the likes of domestic UK insurers Legal & General and Scottish Widows.....
UK venture capital market share hits record low
The country secured just 16% of all investment in the second quarter.....
Project Apple takes more bites out of RBS
Royal Bank of Scotland has suffered further senior exits from its investment bank as it plans to sell off assets.....
Lets hear it for an investment bank for football
New kinds of investment banks have become all the rage - Lord Nathanael Wei of Shoreditch wants one for football.....
Nasdaq boosts NLX to break rates duopoly
The London-based Nasdaq OMX NLX platform is viewed as a key part of Nasdaq's plans to diversify away from share trading.....
Investors to help with Permiras mega deals
Permira has lined up a group of large investors to help it do mega buyouts despite the firm struggling to raise large sums to invest.....
Aviva raises 425m in infrastructure push
Aviva Investors will invest its latest fund in performing, senior loans secured on assets primarily in western Europe.....
Barclays shares hurt by cash call
Barclays shares closed nearly 6% lower after the bank said it would issue 5.8bn in shares to meet new Bank of England rules......
JP Morgan pays $410m in energy case
JP Morgan's energy unit has agreed to pay $410m to settle charges from the top US energy regulator that it had manipulated energy markets......
Housing benefit challenge fails
A group of disabled people lose a High Court challenge to social housing benefit cuts for residents with spare bedrooms in England, Wales and Scotland......
BP Gulf fund to be 'fully utilised'
BP says the compensation fund that it set up to pay claims related to the Gulf of Mexico oil spill 'will be fully utilised' within the next three months......
Wall Street Market Report
Shares in global potash producing companies have dived by 20% on news of the ending of a Russian- Belorussian cartel......
Tax charge for Bayern Munich chief
German prosecutors charge the president of European champions Bayern Munich, Uli Hoeness, with tax evasion after a lengthy inquiry......
Thousands in 50s 'fear losing homes'
Nearly a quarter of people in their early 50s polled by Age UK are worried that they will be forced to leave their homes......
Fracking OK for North East - peer
Fracking should be carried out in the North East of England, where there are large, "desolate" areas, a southern-based former energy secretary says......
'Crackdown' plan for nuisance calls
A range of measures to stop unwanted marketing phone calls and texts is being planned, says Culture Secretary Maria Miller......
Domino's Pizza serves up profit fall
Domino's Pizza has delivered a 46% drop in first-half profits, as the company's German expansion plans are slowed......
Chrysler boosts profits at Fiat
Profits at Chrysler quadruple second quarter earnings at 58% owner Fiat.....
Santander bank profits rise sharply
Santander, the eurozone's biggest bank, saw its profits jump sharply after it set aside less money for bad debts......
ITV shares surge on profit rise
Shares in broadcaster ITV hit a 12-year high after it posted a better-than-expected profit, helped by a strong performance from its production arm......
London Market Report
The FTSE 100 edges higher, led by engineering firm GKN.....
Rise in abusive online message cases
The BBC reveals that thousands of charges relating to abusive electronic messages have reached England and Wales' courts in the last three years......
Japan reports weak economic data
Japan posts weaker-than-expected economic data, underlining the challenges the government faces as it tries to revive the country's economy......
UK 'slightly happier than last year'
The Olympics and Jubilee celebrations may have contributed to "small improvements" in people's happiness in the UK last year, the Office for National Statistics says......
47m investment in UK heritage sites
The Heritage Lottery Fund invests 47m in six existing and potential tourist attractions around the UK......
Energy watchdog 'failing consumers'
MPs call for the energy regulator Ofgem to do more to make profits at the big six energy companies more transparent and restore trust in the market......
Banks lend more to small businesses
Lending to small businesses rose in June by the largest amount for two years, Bank of England figures show......
Unison to challenge tribunal fees
Unison is to challenge new fees for workers bringing employment tribunals in the UK, after being granted permission to seek a judicial review......
China orders government debt audit
China orders a nationwide audit of all government debt, underlining fears that the recent slowdown in its economy may impact the financial sector......
Dunfermline set for fan ownership
Fans' group Pars United will take over Dunfermline as creditors vote in favour of accepting a company voluntary arrangement......
Stadium unlikely to build final tier
Millennium Stadium bosses all but rule out completing three tiers around the ground, fearing they would not recover the cost......
Saving Hearts needs 'millions more'
Hearts' administrator says bidders need to increase their offer by millions to prevent liquidation of the club......
VIDEO: 'I knew I hadn't used the card'
David Edmundson-Bird, principle lecturer in digital marketing at Manchester Metropolitan University, describes his experience as a victim of e-crime......
VIDEO: BMW launch first electric car
The BBC's Theo Leggett had a look around BMW's new electric vehicle which has been designed for easy access......
VIDEO: Targeted adverts no longer just online
Marc Cieslak discovers what adverts he would be watching when the adverts themselves know who he is.....
VIDEO: 3D printing comes to the high street
3D printing has been around for some time but now the technology is available for the same price as a top-end TV at shops......
VIDEO: Living in tiny homes in Hong Kong
Thousands of Hong Kong residents are living in homes barely big enough to fit a bed and a table, as Jennifer Pak reports......
VIDEO: Alaska's billion dollar business
Wild salmon is big business in Alaska with 14,000 livelihoods depending on the industry in the Bristol Bay area alone......
VIDEO: 'Internet is home for criminals'
The UK must do more to stop online fraud and deter state-sponsored cyber-espionage or risk losing the fight against e-crime, MPs have warned......
End of the road for Jeepneys?
Has the Philippine Jeepney lost its charm?.....
China's slowdown and the global glut
How China's slowdown affects the world economy.....
Omnicom and Publicis create behemoth
What's behind the Omnicom-Publicis mega merger.....
Using tech to save our water supply
Using technology to guard our most precious resource.....
The era of the sexually charged office
The time when secretaries had to be the 'office wife'.....
Real-life adverts 'know who you are'
Are facial recognition ads a step too far?.....
Gay activists shun Russian vodka
Gay protest against Russian crackdown spreads to London.....
U.S. Day Ahead: Facebook closes in on $38 IPO price
July 30 - Facebook closes in on its $38 IPO price. The government releases weak Q2 economic growth and the Fed talks tapering.. or not......
Techquity: Apple critic still a fan, Twitter IPO sign
July 30 - An Apple critic says he still likes the stock while Twitter posts a job opening that could aid its move toward an IPO......
Daily Digit: Home prices up 12.2%
July 30 - Home prices rose 12.2 percent year over year in May- the most since 2006 according to the S&P Case-Shiller Home Price Index. Bobbi Rebell reports......
Breakingviews: SECs Fab bind
July 30 - Richard Beales and Breakingviews columnists explain why regardless of the outcome, the SECs case against Tourre can only end with the Wall Street watchdog looking foolish......
Trading at Noon: Facebook nears $38; Einhorn likes GM, Apple
July 30 - Facebook's stock is nearing its IPO price of $38, as strong earnings from last week's report continue to boost shares; Greenlight's David Einhorn still likes Apple & thinks GM's a strong growth stock......
Losses widen at Sprint
July 30 - Sprint lost more money and customers than expected ahead of its acquisition by Softbank. Fred Katayama reports......
Economy key in Zimbabwe polls
July 30 - Zimbabwe's frail economic recovery hangs in the balance as Robert Mugabe squares up to arch rival, Morgan Tsvangirai, in general elections. As David Pollard reports, the finance ministry has already warned that the polls are hitting growth......
Is regulation strangling banks?
July 30 - Deutsche, UBS, Santander and Barclays all post second quarter numbers with big question marks hanging over risks for the sector going forward, but is the regulatory environment necessarily stifling banks to ensure economies are protected or.....
Europe Day Ahead: Big 48 hours for central banks
July 30 - The Fed kicks off a big 48 hours for central banks, with decisions due from the ECB and BoE a day later. VW and Peugeot headline on another busy day for European earnings......
U.S. Morning Call: Looks like Twitter is closer to IPO
July 30 - Twitter has posted a job opening for a financial reporting manager, signaling the company is making moves to go public - possibly before the end of the year......
Daily Digit: BP's spill payouts leap
July 30 - BP's $20 billion Gulf of Mexico oil spill trust fund has almost run out after provisions for compensation costs. As Hayley Platt reports it contributed to worse than expected second quarter results......
China and the big corruption clampdown
July 30 - A crackdown on corruption by Beijing has brought about unwanted headlines for some big international pharma companies. But why now? And can you do business in China without bribing?.....
Market Pulse: As fog lifts, "buy Europe" view shines through
July 30 - With recession close to ending, investors have been buying Europe - and there may be plenty more of that to come, especially in stocks. But Europe's banks continues to struggle relative to US peers......
Mid-market phobia may give HTC nightmares
looks at the problems facing HTC, and whether CEO Peter Chou is the right man to fix them......
Barclays cash call, UK bank earnings round-up
July 30 - Barclays seeks $9 bln from shareholders to appease regulators. Julian Skan from Accenture examines the outlook for the UK banking giant and its peers......
BP at the mercy of higher taxes, Rosneft & oil spill costs
July 30 - Higher taxes, a lower-than-expected contribution from Rosneft and mounting compensation claims hit BP's Q2. Breakingviews argues the derisory valuation will be hard to correct......
Reuters Today: Super Tuesday Bank Bonanza
July 30 - Barclays, UBS, Deutsche & Santander among more than 40 major European companies reporting results today......
Factory inspections not up to par
July 30 - Confusion remains in garment factory inspections in the wake of a deadly building collapse earlier this year. Julie Noce reports......
Herbalife's healthy earnings
July 29 - Summary of business headlines: Herbalife raises forecasts; Markets step back ahead of Fed meeting; Publicis to merge with Omnicom; Hudson Bay offers $2.4b for Saks; Elan to join with Perrigo; June home sales fall. Havovi Cooper reports......
BMW eyes Tesla as it launches electric car
July 29 - BMW is heavily promoting its new i3 electric car- with the i8 sports car to soon follow- in an effort to grab a chunk of the small but growing market for upscale electric cars. Bobbi Rebell reports.....
U.S. Day Ahead: What's Einhorn eying next
July 29 - David Einhorn's hedge fund Greenlight Capital reports second-quarter results. He is expected to talk about trading ideas and investors will be listening for what companies he mentions......
Techquity: Cheaper iPhone clues, Amazon hiring
July 29 - Clues about a cheaper iPhone come from an unlikely place. Plus, Amazon plans to increase staff at its fulfillment centers......
"Tesla is important as an example to us" - BMW CEO Reithofer
JUly 29 - BMW CEO Norbert Reithofer says Tesla is an important competitor, and an example in electric mobility that will be very important in the future, as BMW launches its i3 electric car. Bobbi Rebell reports......
BMW goes electric but will i3 sell?
July 29 - Best known for their sporty saloons and gas-guzzling SUV's, Germany's BMW has launched it's first fully electric vehicle the i3. Hayley Platt asks whether the German auto maker's $2.7 billion dollar investment was largely forced upon it by .....
Daily Digit $46.1 Bln in Monday Mergers
July 29 - Three huge deals in advertising, pharma and retail make for an exciting 'Merger Monday' adding up to a total of $46.1 billion. Havovi Cooper reports......
British people most anxious as they approach retirement
People on the verge of retirement are the most anxious in Britain, according to official figures.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5abfa2/sc/7/mf.gif' border='0'/><div class='mf-viral'>&l.....
SEC charges analyst Sandeep Aggarwal in SAC Capital case
The Securities and Exchange Commission stepped up its crackdown on insider trading by charging former Collins Stewart analyst Sandeep Aggarwal with passing information to an SAC Capital trader.<img width='1' height='1' src='http://telegraph.feedsp.....
We won't be signing up for any more Gulf settlements in a hurry, says BP
BP is now "highly unlikely" to enter into settlement talks with the US government over civil penalties for the Gulf of Mexico disaster, as it digs in for a long legal battle over the separate, ill-fated compensation deal it agreed last year.<img w.....
Fabrice Tourre and the 'make believe' world of Goldman Sachs
Former banker painted as a calculating fraudster in closing statements of trial.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5aae1c/sc/25/mf.gif' border='0'/><div class='mf-viral'><table border='.....
Monetarists see recovery danger from 'Summers Fed'
Fears Larry Summers will push for withdrawal of monetary stimulus and endanger America's fragile recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5aae1d/sc/2/mf.gif' border='0'/><div class='mf-vir.....
Next says shoppers more 'spontaneous' and harder to read
Clothing retailer Next says British shoppers have become more "spontaneous" and harder to read, with holidays and the weather having a larger effect on sales.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f56f0.....
Tullett boss flags potential volatility
Chief executive Terry Smith said investors were too "sanguine" about threats.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f59f11a/sc/2/mf.gif' border='0'/><div class='mf-viral'><table border='0'&g.....
RBS succeeds in attempt to force lawsuits over 12bn rights issue to be combined
RBS wanted a number of different class action lawsuits related to its 12bn rights issue in 2008 to be combined.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f59eed6/sc/25/mf.gif' border='0'/><div class='.....
Bank of England helped the Nazis to sell plundered gold
The Bank of England has admitted its role in one of the most controversial episodes in its history - helping the Nazis sell gold plundered from Czechoslovakia months before the outbreak of the Second World War.<img width='1' height='1' src='http:/.....
Fewer women being appointed to FTSE boards
Women account for just 16.5pc of all appointments to FTSE 100 firms.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f58fe06/sc/25/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr.....
Weir shorters squeezed despite fall in profits
Weir Group has reported a 14pc fall in first-half profits, as the engineering firm reported a slowdown in demand for mining equipment.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f54d059/sc/2/mf.gif' border='.....
Dodgy payday lenders throw in the towel
Fifteen out of 50 payday lenders have thrown in the towel after being given a deadline by the trading watchdog to prove their business practices were up to scratch.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Business news and markets: as it happened, July 30, 2013
Americans' confidence in the economy fell in July, consumers were less optimistic about the outlook for the economy and labour market, but remaining close to the highest level in more than five years.<img width='1' height='1' src='http://telegraph.....
How Barclays lost to the 'capital Taliban'
'When you look at our level of capital, when you look at our quality of capital, when you look at our ability to generate capital, I believe we pass the capital fitness test." So spoke Bob Diamond in 2010.<img width='1' height='1' src='http://tele.....
Business news and markets: live
Americans' confidence in the economy fell in July, consumers were less optimistic about the outlook for the economy and labour market, but remaining close to the highest level in more than five years.<img width='1' height='1' src='http://telegraph.....
Britain is playing catch-up to the US manufacturing boom
America, like Britain, is not having an easy recovery.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f58358a/sc/7/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td vali.....
Germany loves our pizza despite losses claims Domino's
The chief executive of Domino's Pizza has promised that its loss-making German operation will eventually come good, insisting that Germans "love" the company's pizza despite losses from its operation there slicing group profits in two.<img width='.....
Twitter fuels IPO rumours with job ad
Twitter has given the clearest signal yet it is gearing up for an IPO after advertising a vacancy for a financial reporting manager responsible for the company's regulatory filings "when it is ready to go public".<img width='1' height='1' src='htt.....
Volkswagen sues UK university after it hacked sports cars
Carmaker sues University of Birmingham to stop it revealing how to hack anti-theft systems.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f582ea4/sc/33/mf.gif' border='0'/><div class='mf-viral'><tab.....
How to value a small retail business
The high street might be experiencing tough times, but some independent shops are still thriving. But how should entrepreneurs value their small retail businesses?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Fertiliser prices to plunge as Russian potash cartel collapses
Farmers worldwide are expected to see fertiliser prices plunge by a quarter as the break up of a Russian potash cartel looks likely to spark a global price war.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f57.....
Frightened investors pull record 624m out of bond funds
A "bubble" threat to savers' nest eggs has led to the highest rate of withdrawals from bond funds ever recorded for a single month.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5822f0/sc/25/mf.gif' border='0'.....
Games Workshop abandons fantasy for plain speaking
Its products come from a fantasy world, but Games Workshop's results are disarmingly honest.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5755da/sc/5/mf.gif' border='0'/><div class='mf-viral'><tab.....
Barclays battles FCA findings over Qatari rescue deal
Barclays is facing a legal battle with Britain's market regulator over its controversial 2008 capital raising with a Qatari sovereign wealth fund that helped the bank avoid a taxpayer bailout at the height of the financial crisis.<img width='1' he.....
Bank of China cash injection soothes bank crisis fears
Chinese central bank injects liquidity into the market for the first time since February.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f5755db/sc/25/mf.gif' border='0'/><div class='mf-viral'><table.....
Monday, 29 July 2013
UK Financial News on 2013-07-29
September is 'golden month' for flotations
New research shows that post-summer deals are more likely to price within range and perform well.....
Big hedge funds enjoy buyers market for recruitment
Large hedge funds are capitalising on a difficult environment for start-ups by hiring portfolio managers who might once have set up on their own.....
Esma yields to pressure on futures reporting
Europe's top securities regulator is set to delay the start of key derivatives reporting rules by up to a year.....
Big Issue homes in on social investment
The street magazine's subsidiary Big Issue Invest is applying for regulatory approval for a fund management division.....
Fund managers aim to convert UK to US-style pensions
Three US asset managers are taking on the likes of domestic UK insurers Legal & General and Scottish Widows.....
UK venture capital market share hits record low
The country secured just 16% of all investment in the second quarter.....
Project Apple takes more bites out of RBS
Royal Bank of Scotland has suffered further senior exits from its investment bank as it plans to sell off assets.....
Lets hear it for an investment bank for football
New kinds of investment banks have become all the rage - Lord Nathanael Wei of Shoreditch wants one for football.....
Nasdaq boosts NLX to break rates duopoly
The London-based Nasdaq OMX NLX platform is viewed as a key part of Nasdaq's plans to diversify away from share trading.....
Investors to help with Permiras mega deals
Permira has lined up a group of large investors to help it do mega buyouts despite the firm struggling to raise large sums to invest.....
Aviva raises 425m in infrastructure push
Aviva Investors will invest its latest fund in performing, senior loans secured on assets primarily in western Europe.....
Energy watchdog 'failing consumers'
MPs call for the energy regulator Ofgem to do more to make profits at the big six energy companies more transparent and restore trust in the market......
Unison to challenge tribunal fees
Unison is to challenge new fees for workers bringing employment tribunals in the UK, after being granted permission to seek a judicial review......
Boeing in global aircraft inspection
Boeing requests airlines to carry out inspections of a transmitter used to locate aircraft after a crash......
Apple in China worker abuse claims
Technology giant Apple is facing fresh allegations of worker rights violations at Chinese factories of one of its suppliers, the Pegatron Group......
Banks lend more to small businesses
Lending to small businesses rose in June by the largest amount for two years, Bank of England figures show......
Rising fuel costs hit Ryanair profit
No-frills airline Ryanair reports a 20% drop in quarterly profits due to the timing of Easter and rising fuel costs......
Funds decline at investment firm
Funds under management fall by 1% at Aberdeen Asset Management in the face of "volatile global market conditions"......
Saks snapped up by Hudson's Bay
Canadian retailer Hudson's Bay Company has bought US department store Saks in a $2.9bn deal......
Absolute Radio bought by Bauer Media
Absolute Radio has been bought by Bauer, the magazine group behind Heat, Grazia and Bella, in a deal reported to be worth up to 25m......
London Market Report
Shares in advertising giant WPP rise on news of the 23bn merger between Omnicom and Publicis......
Perrigo buys Elan in $8.6bn deal
Irish drug firm Elan has been snapped up by US rival Perrigo in an $8.6bn (5.6bn) deal which will secure tax savings for the US company......
China orders government debt audit
China orders a nationwide audit of all government debt, underlining fears that the recent slowdown in its economy may impact the financial sector......
Rio Tinto offloads Northparkes stake
Rio Tinto agrees a deal to sell its 80% stake in Northparkes copper and gold mine in Australia to China Molybednum for $820m (530m)......
'Lads' mags' given cover-up deadline
The Co-operative gives so-called lads' mags six weeks to cover up their front pages with "modesty bags" or be taken off sale in its 4,000 stores......
Cable warns on Help to Buy 'bubble'
Business Secretary Vince Cable warns that a flagship government programme to revive the housing market could inflate it......
Saving Hearts needs 'millions more'
Hearts' administrator says bidders need to increase their offer by millions to prevent liquidation of the club......
Ecclestone doubts 2014 Indian GP
Bernie Ecclestone says "political" issues with the race mean he does not expect an Indian Grand Prix in 2014......
VIDEO: Ofgem failing consumers, say MPs
MPs call for the energy regulator Ofgem to do more to make profits at the big six energy companies more transparent and restore trust in the market......
VIDEO: Employment tribunal fees begin
Controversial fees are being introduced for workers who take their employers to court......
VIDEO: BMW launch electric car
BMW are to unveil their first fully electric car, tempting customers with special ownership deals.....
VIDEO: No-strings cash for 'awesome' ideas
The Awesome Foundation funds "awesome" ideas and projects ranging from community aquaponic gardens to re-enactions of scenes from the Indiana Jones films. The $1000 grant is awarded with an extremely simple and quick process and has no strings attach.....
VIDEO: Firms 'refuse to give figures'
John Robertson, MP, has called for greater transparency of energy company profits, saying the energy regulator Ofgem tries to be nice to everybody and ends up being nice to nobody......
VIDEO: Energy company profits 'not big'
The energy regulator Ofgem is not doing enough to ensure that energy company profits are transparent, MPs have said......
VIDEO: 'Lads' mags' told to cover up
Magazines told to cover-up their front pages with sealed "modesty bags" or be taken off sale in its stores.....
VIDEO: Training to work on a superyacht
As the rich get richer there are an increasing number of superyachts in production, which creates jobs on board for people who can meet the right standards......
Sponsors count London 2012 benefits
Did London 2012 sponsors get value for money?.....
Omnicom and Publicis create behemoth
How the advertising mega-merger started as a joke.....
Chris Ward: The PR boss who works from coffee shops
The boss who ditched offices to do all his work from coffee shops.....
Are there too many managers?
Does the UK really need five million 'managers'?.....
Bahrain struggles to get economy back on track
Signs of revival raise hopes for Bahrain's battered economy.....
U.S. Day Ahead: What's Einhorn eying next
July 29 - David Einhorn's hedge fund Greenlight Capital reports second-quarter results. He is expected to talk about trading ideas and investors will be listening for what companies he mentions......
Techquity: Cheaper iPhone clues, Amazon hiring
July 29 - Clues about a cheaper iPhone come from an unlikely place. Plus, Amazon plans to increase staff at its fulfillment centers......
"Tesla is important as an example to us" - BMW CEO Reithofer
JUly 29 - BMW CEO Norbert Reithofer says Tesla is an important competitor, and an example in electric mobility that will be very important in the future, as BMW launches its i3 electric car. Bobbi Rebell reports......
BMW goes electric but will i3 sell?
July 29 - Best known for their sporty saloons and gas-guzzling SUV's, Germany's BMW has launched it's first fully electric vehicle the i3. Hayley Platt asks whether the German auto maker's $2.7 billion dollar investment was largely forced upon it by .....
Daily Digit $46.1 Bln in Monday Mergers
July 29 - Three huge deals in advertising, pharma and retail make for an exciting 'Merger Monday' adding up to a total of $46.1 billion. Havovi Cooper reports......
Trading at Noon: Housing stocks down as home sales fall
July 29 - U.S. homebuilders fall as pending home sales fall, solar stocks climb. Apple in focus after China Labor Watch claims a supplier has violated workers' rights......
Hudson's Bay buys Saks for $2.9 bln
July 29 - The owner of Lord & Taylor is buying Saks, getting prime real estate and a luxury brand to add to its mid-tier lineup. Fred Katayama reports......
Breakingviews: Elan deal's tax zeal
July 29 - Jeffrey Goldfarb talks to Rob Cyran about the dangers of Perrigo's seemingly tax-motivated $8.6 billion acquisition of Irish biotech Elan......
Nothing mad about ad men's mega merger
July 29 - A proposed mega-merger between global ad agencies Publicis and Omnicom could bring rival accounts such as Coca-Cola and PepsiCo under one firm. The potential $35 billion deal raises other conflicts, and will need approval by competition reg.....
China solar row trade threat averted
July 29 - The European Union and China agree to end a solar panel spat that threatened hundreds of billions of euros worth of trade, and will also see accusations over European wine dumping dropped as well. Joel Flynn reports......
Europe Day Ahead: Super Tuesday for banks
July 29 - Super Tuesday for bank earnings, with Barclays, UBS, Deutsche and Santander numbers all due. Meanwhile, economic data may offer more glimmers of hope for the euro zone......
Europe braces for banking Super Tuesday
July 29 - A clutch of European banks are primed to lift dividends to put them back on the radar of yield-hungry investors after years spent using cash to repair balance sheets. Angeline Ong reports on what analysts will be keeping an eye on......
Market Pulse: HSBC's Bloom and Major on the Fed, ECB and BoE
July 29 - HSBC's global heads of FX and interest rates, David Bloom and Steven Major, give us their take on how investors should prepare for this week's central bank triple whammy. Plus, "dealzone" hots up......
Omnicom shareholders the bigger winners in merger
July 29 - The Publicis-Omnicom 'merger of equals' will benefit both sets of shareholders. But Bernstein Research thinks Omnicom has more to gain......
Breakingviews: "Equality" in Big Ad merger?
July 29 - Publicis and Omnicom have formed a neat merger of equals, with co-CEOs and a parallel listing. But Breakingviews warns that paralysis or conflict could come later......
Reuters Today: Mad Men? Ad Giants Publicis & Omnicom Merge
July 29 - A proposed mega-merger between ad giants Publicis and Omnicom could bring rival accounts under one firm. So will it work?.....
Japan's consumer renaissance may be short-lived
Japan retail sales have posted their biggest gain in over a year, but with higher import costs and a controversial sales tax hike looming, companies -- and the government -- may not reap the benefits......
Europe, brace for banking Super Tuesday
July 29 - Costs and ratios will be a key focus for analysts when Europes major banks report on Tuesday......
Daily Digit: Siemens CEO boost
July 29 - Siemens shares jump as Germany's second biggest company says it will sack CEO Peter Loescher after a repeated failure to stop the company suffering declining revenues in its main markets. Joel Flynn reports......
FACTBOX: Publicis Omnicom - Big brand conflict?
July 29 - A merger between ad giants Publicis and Omnicom would bring arch rivals into sister agencies, but will brands like Coca-Cola and PepsiCo want to be under the same roof?.....
U.S. Morning Call: Mergers abound Monday; Apple's China woes
July 29 - Publicis to merge with Omnicom to create biggest ad agency; Apple supplier Pegatron violates Chinese workers' rights......
Banks revert to their key role of supporting the economy
Evidence that banks are beginning to increase lending to small businesses is encouraging.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4f3111/sc/25/mf.gif' border='0'/><div class='mf-viral'><table.....
Bitcoins banned in Thailand
Thailand becomes the first country to ban Bitcoins after central bank rules it is not a currency.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4ee2c3/sc/2/mf.gif' border='0'/><div class='mf-viral'>&l.....
Blue-chips edge into positive territory as Merger Monday lifts WPP
Just like buses, you wait for one and then several mergers come along at once.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4edee4/sc/15/mf.gif' border='0'/><div class='mf-viral'><table border='0'.....
US shale threatens Saudi funding crisis and demise of OPEC
Saudi Arabia and the Opec oil states must wean their economies off energy exports immediately or spiral into decline as America's shale revolution shatters the world order.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Apple moves top executive Bob Mansfield to special projects team
Apple has moved one of its most senior technology executives aside, as the iPhone maker battles to shore up its pipeline of innovation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4e7ec6/sc/5/mf.gif' border=.....
Deloitte to face 20m fine over MG Rover sale
Deloitte faces a fine of up to 20m and the suspension of one of its partners after a tribunal ruled the accountants had shown a "deliberate disregard" for professional ethics in its handling of the sale of defunct carmaker MG Rover.<img width='1' .....
Trade union calls for meeting with Mike Ashley over "mistreatment" of Sports Direct staff
Trade unions have called for an urgent meeting with Mike Ashley over allegations that part-time staff at his sports retail chain Sports Direct do not get paid for lunch breaks, regularly work unpaid after closing time to tidy up a store, and face man.....
China orders 'urgent' audit of debts after IMF warnings
State Council tells China's audit office to suspend work on other projects and launch immediate inquiry.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4e78b2/sc/2/mf.gif' border='0'/><div class='mf-viral.....
GlaxoSmithKline has credit outlook cut by Moody's
GlaxoSmithKline, which is at the centre of a bribery scandal in China, has suffered a further blow after Moody's cut its credit outlook on the British pharmaceutical company to negative.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Businessmen lose RBS swaps appeal
Two businessmen who accused Royal Bank of Scotland of mis-selling them a complex financial product linked to interest rates have lost an appeal claim for compensation after a court ruled they were out of time.<img width='1' height='1' src='http://.....
British brands issue competition warning over Omnicom-Publicis merger
Major British brands have warned that the proposed $35bn (23bn) merger of the agency groups Omnicom and Publicis threatens competition and choice in the advertising market.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Barclays set to announce multi-billion pound rights issue
Barclays will on Tuesday announce plans to raise more than 4bn from shareholders as it publishes its financial results for the first half of the year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4df429/sc/2/.....
It's official: Wary banks to blame for lending fall
Small business owners might not be surprised, but now Government-commissioned research has confirmed what many of them already suspected: a lack of bank lending is down to risk aversion and weak supply, not a lack of demand.<img width='1' height='.....
Lingering Eurozone crisis dampens SME optimism
Fears over continuing economic weakness in the eurozone are dampening small companies' enthusiasm about an improving domestic economy, research has revealed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4df1c.....
Reckitt Benckiser takes 225m legal hit amid NHS claim
Reckitt Benckiser, the consumer goods giant, has written off 225m from its profits because of legal and regulatory investigations amid a multi-million pound claim by the NHS.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Business news and markets: as it happened, July 29, 2013
European markets have risen on a wave of positive corporate data and on the back of renewed M&A hopes, although New York has dipped in the run up to the latest moves from the Federal Reserve.<img width='1' height='1' src='http://telegraph.feed.....
Business news and markets: live
European markets have risen on a wave of positive corporate data and on the back of renewed M&A hopes, although New York has dipped in the run up to the latest moves from the Federal Reserve.<img width='1' height='1' src='http://telegraph.feed.....
Mad men? Omnicom-Publicis $35bn merger faces barriers
It is being presented to investors and regulators as a "merger of equals", but a glance at the finances of Omnicom and Publicis suggests a bit of creative branding from of the world's top advertising groups, writes Christopher Williams.<img width=.....
Church of England's ethical lending could be a healthy alternative to regulation
With its plans to sponsor credit unions to put pay-day lenders out of business and its backing of a consortium bidding for more than 300 RBS branches, the Church of England, under Archbishop Justin Welby, is looking to become a significant player in .....
Perrigo buys Irish drug maker Elan in $8.6bn deal
US drug maker Perrigo is buying Irish biotech company Elan in a $8.6bn (5.6bn) deal that secures lucrative royalties for the American firm and will slash its corporation tax bill in half.<img width='1' height='1' src='http://telegraph.feedsportal......
China fires warning shot at foreign carmakers
Foreign car makers face accusations of exorbitant profits and calls for an antitrust investigation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4c73f0/sc/39/mf.gif' border='0'/><div class='mf-viral'>.....
China's Xinhua fires warning shot at foreign carmakers
China has fired a warning shot at foreign makers of luxury cars, as it accused them of reaping exorbitant profits and called for them to face an antitrust investigation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Apple faces fresh accusations over China worker 'abuse'
Apple has been accused of being "complicit" in a litany of alleged labour violations involving one of its suppliers in China, the Taiwanese firm Pegatron.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4b7371/s.....
Deloitte loses appeal over MG Rover ruling
Accountants Deloitte has lost an appeal over a regulatory ruling that it failed to manage conflicts of interest in its advice to MG Rover Group and the "Phoenix Four" directors who bought the UK carmaker before it collapsed.<img width='1' height='.....
When is the right time in your career to have a baby?
As new research suggests an increasing number of younger women are delaying their careers to have babies, Louisa Peacock asks whether there is ever a 'right time' to have children.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
New research shows that post-summer deals are more likely to price within range and perform well.....
Big hedge funds enjoy buyers market for recruitment
Large hedge funds are capitalising on a difficult environment for start-ups by hiring portfolio managers who might once have set up on their own.....
Esma yields to pressure on futures reporting
Europe's top securities regulator is set to delay the start of key derivatives reporting rules by up to a year.....
Big Issue homes in on social investment
The street magazine's subsidiary Big Issue Invest is applying for regulatory approval for a fund management division.....
Fund managers aim to convert UK to US-style pensions
Three US asset managers are taking on the likes of domestic UK insurers Legal & General and Scottish Widows.....
UK venture capital market share hits record low
The country secured just 16% of all investment in the second quarter.....
Project Apple takes more bites out of RBS
Royal Bank of Scotland has suffered further senior exits from its investment bank as it plans to sell off assets.....
Lets hear it for an investment bank for football
New kinds of investment banks have become all the rage - Lord Nathanael Wei of Shoreditch wants one for football.....
Nasdaq boosts NLX to break rates duopoly
The London-based Nasdaq OMX NLX platform is viewed as a key part of Nasdaq's plans to diversify away from share trading.....
Investors to help with Permiras mega deals
Permira has lined up a group of large investors to help it do mega buyouts despite the firm struggling to raise large sums to invest.....
Aviva raises 425m in infrastructure push
Aviva Investors will invest its latest fund in performing, senior loans secured on assets primarily in western Europe.....
Energy watchdog 'failing consumers'
MPs call for the energy regulator Ofgem to do more to make profits at the big six energy companies more transparent and restore trust in the market......
Unison to challenge tribunal fees
Unison is to challenge new fees for workers bringing employment tribunals in the UK, after being granted permission to seek a judicial review......
Boeing in global aircraft inspection
Boeing requests airlines to carry out inspections of a transmitter used to locate aircraft after a crash......
Apple in China worker abuse claims
Technology giant Apple is facing fresh allegations of worker rights violations at Chinese factories of one of its suppliers, the Pegatron Group......
Banks lend more to small businesses
Lending to small businesses rose in June by the largest amount for two years, Bank of England figures show......
Rising fuel costs hit Ryanair profit
No-frills airline Ryanair reports a 20% drop in quarterly profits due to the timing of Easter and rising fuel costs......
Funds decline at investment firm
Funds under management fall by 1% at Aberdeen Asset Management in the face of "volatile global market conditions"......
Saks snapped up by Hudson's Bay
Canadian retailer Hudson's Bay Company has bought US department store Saks in a $2.9bn deal......
Absolute Radio bought by Bauer Media
Absolute Radio has been bought by Bauer, the magazine group behind Heat, Grazia and Bella, in a deal reported to be worth up to 25m......
London Market Report
Shares in advertising giant WPP rise on news of the 23bn merger between Omnicom and Publicis......
Perrigo buys Elan in $8.6bn deal
Irish drug firm Elan has been snapped up by US rival Perrigo in an $8.6bn (5.6bn) deal which will secure tax savings for the US company......
China orders government debt audit
China orders a nationwide audit of all government debt, underlining fears that the recent slowdown in its economy may impact the financial sector......
Rio Tinto offloads Northparkes stake
Rio Tinto agrees a deal to sell its 80% stake in Northparkes copper and gold mine in Australia to China Molybednum for $820m (530m)......
'Lads' mags' given cover-up deadline
The Co-operative gives so-called lads' mags six weeks to cover up their front pages with "modesty bags" or be taken off sale in its 4,000 stores......
Cable warns on Help to Buy 'bubble'
Business Secretary Vince Cable warns that a flagship government programme to revive the housing market could inflate it......
Saving Hearts needs 'millions more'
Hearts' administrator says bidders need to increase their offer by millions to prevent liquidation of the club......
Ecclestone doubts 2014 Indian GP
Bernie Ecclestone says "political" issues with the race mean he does not expect an Indian Grand Prix in 2014......
VIDEO: Ofgem failing consumers, say MPs
MPs call for the energy regulator Ofgem to do more to make profits at the big six energy companies more transparent and restore trust in the market......
VIDEO: Employment tribunal fees begin
Controversial fees are being introduced for workers who take their employers to court......
VIDEO: BMW launch electric car
BMW are to unveil their first fully electric car, tempting customers with special ownership deals.....
VIDEO: No-strings cash for 'awesome' ideas
The Awesome Foundation funds "awesome" ideas and projects ranging from community aquaponic gardens to re-enactions of scenes from the Indiana Jones films. The $1000 grant is awarded with an extremely simple and quick process and has no strings attach.....
VIDEO: Firms 'refuse to give figures'
John Robertson, MP, has called for greater transparency of energy company profits, saying the energy regulator Ofgem tries to be nice to everybody and ends up being nice to nobody......
VIDEO: Energy company profits 'not big'
The energy regulator Ofgem is not doing enough to ensure that energy company profits are transparent, MPs have said......
VIDEO: 'Lads' mags' told to cover up
Magazines told to cover-up their front pages with sealed "modesty bags" or be taken off sale in its stores.....
VIDEO: Training to work on a superyacht
As the rich get richer there are an increasing number of superyachts in production, which creates jobs on board for people who can meet the right standards......
Sponsors count London 2012 benefits
Did London 2012 sponsors get value for money?.....
Omnicom and Publicis create behemoth
How the advertising mega-merger started as a joke.....
Chris Ward: The PR boss who works from coffee shops
The boss who ditched offices to do all his work from coffee shops.....
Are there too many managers?
Does the UK really need five million 'managers'?.....
Bahrain struggles to get economy back on track
Signs of revival raise hopes for Bahrain's battered economy.....
U.S. Day Ahead: What's Einhorn eying next
July 29 - David Einhorn's hedge fund Greenlight Capital reports second-quarter results. He is expected to talk about trading ideas and investors will be listening for what companies he mentions......
Techquity: Cheaper iPhone clues, Amazon hiring
July 29 - Clues about a cheaper iPhone come from an unlikely place. Plus, Amazon plans to increase staff at its fulfillment centers......
"Tesla is important as an example to us" - BMW CEO Reithofer
JUly 29 - BMW CEO Norbert Reithofer says Tesla is an important competitor, and an example in electric mobility that will be very important in the future, as BMW launches its i3 electric car. Bobbi Rebell reports......
BMW goes electric but will i3 sell?
July 29 - Best known for their sporty saloons and gas-guzzling SUV's, Germany's BMW has launched it's first fully electric vehicle the i3. Hayley Platt asks whether the German auto maker's $2.7 billion dollar investment was largely forced upon it by .....
Daily Digit $46.1 Bln in Monday Mergers
July 29 - Three huge deals in advertising, pharma and retail make for an exciting 'Merger Monday' adding up to a total of $46.1 billion. Havovi Cooper reports......
Trading at Noon: Housing stocks down as home sales fall
July 29 - U.S. homebuilders fall as pending home sales fall, solar stocks climb. Apple in focus after China Labor Watch claims a supplier has violated workers' rights......
Hudson's Bay buys Saks for $2.9 bln
July 29 - The owner of Lord & Taylor is buying Saks, getting prime real estate and a luxury brand to add to its mid-tier lineup. Fred Katayama reports......
Breakingviews: Elan deal's tax zeal
July 29 - Jeffrey Goldfarb talks to Rob Cyran about the dangers of Perrigo's seemingly tax-motivated $8.6 billion acquisition of Irish biotech Elan......
Nothing mad about ad men's mega merger
July 29 - A proposed mega-merger between global ad agencies Publicis and Omnicom could bring rival accounts such as Coca-Cola and PepsiCo under one firm. The potential $35 billion deal raises other conflicts, and will need approval by competition reg.....
China solar row trade threat averted
July 29 - The European Union and China agree to end a solar panel spat that threatened hundreds of billions of euros worth of trade, and will also see accusations over European wine dumping dropped as well. Joel Flynn reports......
Europe Day Ahead: Super Tuesday for banks
July 29 - Super Tuesday for bank earnings, with Barclays, UBS, Deutsche and Santander numbers all due. Meanwhile, economic data may offer more glimmers of hope for the euro zone......
Europe braces for banking Super Tuesday
July 29 - A clutch of European banks are primed to lift dividends to put them back on the radar of yield-hungry investors after years spent using cash to repair balance sheets. Angeline Ong reports on what analysts will be keeping an eye on......
Market Pulse: HSBC's Bloom and Major on the Fed, ECB and BoE
July 29 - HSBC's global heads of FX and interest rates, David Bloom and Steven Major, give us their take on how investors should prepare for this week's central bank triple whammy. Plus, "dealzone" hots up......
Omnicom shareholders the bigger winners in merger
July 29 - The Publicis-Omnicom 'merger of equals' will benefit both sets of shareholders. But Bernstein Research thinks Omnicom has more to gain......
Breakingviews: "Equality" in Big Ad merger?
July 29 - Publicis and Omnicom have formed a neat merger of equals, with co-CEOs and a parallel listing. But Breakingviews warns that paralysis or conflict could come later......
Reuters Today: Mad Men? Ad Giants Publicis & Omnicom Merge
July 29 - A proposed mega-merger between ad giants Publicis and Omnicom could bring rival accounts under one firm. So will it work?.....
Japan's consumer renaissance may be short-lived
Japan retail sales have posted their biggest gain in over a year, but with higher import costs and a controversial sales tax hike looming, companies -- and the government -- may not reap the benefits......
Europe, brace for banking Super Tuesday
July 29 - Costs and ratios will be a key focus for analysts when Europes major banks report on Tuesday......
Daily Digit: Siemens CEO boost
July 29 - Siemens shares jump as Germany's second biggest company says it will sack CEO Peter Loescher after a repeated failure to stop the company suffering declining revenues in its main markets. Joel Flynn reports......
FACTBOX: Publicis Omnicom - Big brand conflict?
July 29 - A merger between ad giants Publicis and Omnicom would bring arch rivals into sister agencies, but will brands like Coca-Cola and PepsiCo want to be under the same roof?.....
U.S. Morning Call: Mergers abound Monday; Apple's China woes
July 29 - Publicis to merge with Omnicom to create biggest ad agency; Apple supplier Pegatron violates Chinese workers' rights......
Banks revert to their key role of supporting the economy
Evidence that banks are beginning to increase lending to small businesses is encouraging.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4f3111/sc/25/mf.gif' border='0'/><div class='mf-viral'><table.....
Bitcoins banned in Thailand
Thailand becomes the first country to ban Bitcoins after central bank rules it is not a currency.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4ee2c3/sc/2/mf.gif' border='0'/><div class='mf-viral'>&l.....
Blue-chips edge into positive territory as Merger Monday lifts WPP
Just like buses, you wait for one and then several mergers come along at once.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4edee4/sc/15/mf.gif' border='0'/><div class='mf-viral'><table border='0'.....
US shale threatens Saudi funding crisis and demise of OPEC
Saudi Arabia and the Opec oil states must wean their economies off energy exports immediately or spiral into decline as America's shale revolution shatters the world order.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Apple moves top executive Bob Mansfield to special projects team
Apple has moved one of its most senior technology executives aside, as the iPhone maker battles to shore up its pipeline of innovation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4e7ec6/sc/5/mf.gif' border=.....
Deloitte to face 20m fine over MG Rover sale
Deloitte faces a fine of up to 20m and the suspension of one of its partners after a tribunal ruled the accountants had shown a "deliberate disregard" for professional ethics in its handling of the sale of defunct carmaker MG Rover.<img width='1' .....
Trade union calls for meeting with Mike Ashley over "mistreatment" of Sports Direct staff
Trade unions have called for an urgent meeting with Mike Ashley over allegations that part-time staff at his sports retail chain Sports Direct do not get paid for lunch breaks, regularly work unpaid after closing time to tidy up a store, and face man.....
China orders 'urgent' audit of debts after IMF warnings
State Council tells China's audit office to suspend work on other projects and launch immediate inquiry.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4e78b2/sc/2/mf.gif' border='0'/><div class='mf-viral.....
GlaxoSmithKline has credit outlook cut by Moody's
GlaxoSmithKline, which is at the centre of a bribery scandal in China, has suffered a further blow after Moody's cut its credit outlook on the British pharmaceutical company to negative.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Businessmen lose RBS swaps appeal
Two businessmen who accused Royal Bank of Scotland of mis-selling them a complex financial product linked to interest rates have lost an appeal claim for compensation after a court ruled they were out of time.<img width='1' height='1' src='http://.....
British brands issue competition warning over Omnicom-Publicis merger
Major British brands have warned that the proposed $35bn (23bn) merger of the agency groups Omnicom and Publicis threatens competition and choice in the advertising market.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5.....
Barclays set to announce multi-billion pound rights issue
Barclays will on Tuesday announce plans to raise more than 4bn from shareholders as it publishes its financial results for the first half of the year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4df429/sc/2/.....
It's official: Wary banks to blame for lending fall
Small business owners might not be surprised, but now Government-commissioned research has confirmed what many of them already suspected: a lack of bank lending is down to risk aversion and weak supply, not a lack of demand.<img width='1' height='.....
Lingering Eurozone crisis dampens SME optimism
Fears over continuing economic weakness in the eurozone are dampening small companies' enthusiasm about an improving domestic economy, research has revealed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4df1c.....
Reckitt Benckiser takes 225m legal hit amid NHS claim
Reckitt Benckiser, the consumer goods giant, has written off 225m from its profits because of legal and regulatory investigations amid a multi-million pound claim by the NHS.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Business news and markets: as it happened, July 29, 2013
European markets have risen on a wave of positive corporate data and on the back of renewed M&A hopes, although New York has dipped in the run up to the latest moves from the Federal Reserve.<img width='1' height='1' src='http://telegraph.feed.....
Business news and markets: live
European markets have risen on a wave of positive corporate data and on the back of renewed M&A hopes, although New York has dipped in the run up to the latest moves from the Federal Reserve.<img width='1' height='1' src='http://telegraph.feed.....
Mad men? Omnicom-Publicis $35bn merger faces barriers
It is being presented to investors and regulators as a "merger of equals", but a glance at the finances of Omnicom and Publicis suggests a bit of creative branding from of the world's top advertising groups, writes Christopher Williams.<img width=.....
Church of England's ethical lending could be a healthy alternative to regulation
With its plans to sponsor credit unions to put pay-day lenders out of business and its backing of a consortium bidding for more than 300 RBS branches, the Church of England, under Archbishop Justin Welby, is looking to become a significant player in .....
Perrigo buys Irish drug maker Elan in $8.6bn deal
US drug maker Perrigo is buying Irish biotech company Elan in a $8.6bn (5.6bn) deal that secures lucrative royalties for the American firm and will slash its corporation tax bill in half.<img width='1' height='1' src='http://telegraph.feedsportal......
China fires warning shot at foreign carmakers
Foreign car makers face accusations of exorbitant profits and calls for an antitrust investigation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4c73f0/sc/39/mf.gif' border='0'/><div class='mf-viral'>.....
China's Xinhua fires warning shot at foreign carmakers
China has fired a warning shot at foreign makers of luxury cars, as it accused them of reaping exorbitant profits and called for them to face an antitrust investigation.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/5683.....
Apple faces fresh accusations over China worker 'abuse'
Apple has been accused of being "complicit" in a litany of alleged labour violations involving one of its suppliers in China, the Taiwanese firm Pegatron.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f4b7371/s.....
Deloitte loses appeal over MG Rover ruling
Accountants Deloitte has lost an appeal over a regulatory ruling that it failed to manage conflicts of interest in its advice to MG Rover Group and the "Phoenix Four" directors who bought the UK carmaker before it collapsed.<img width='1' height='.....
When is the right time in your career to have a baby?
As new research suggests an increasing number of younger women are delaying their careers to have babies, Louisa Peacock asks whether there is ever a 'right time' to have children.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
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