Fund managers face living wills threat from Brussels
Key EU policymaker calls for assessment of whether big asset managers should be deemed systemically important.....
Mind the gap: US M&A leaves Europe trailing
A twin-speed market is emerging as the gulf between deals targeting Europe and the US hits a 15-year high.....
Nomuras cash equities team plays musical chairs
Just months after relocating to the bank's Canary Wharf base, the new group is heading back to central London.....
Bond sell-off accentuated by dearth of marketmakers
Record outflows from bond funds are exacerbated by banks' unwillingness and inability to lend, fund managers say.....
Prince Charles talks sustainability with finance chiefs
Senior figures from asset managers, pension funds and companies met at St James's Palace to discuss environmental and social issues.....
Lazard veterans target European restructurings
New investment firm will focus on mid-cap companies, mainly in Southern Europe.....
Italy draws up radical bond reforms
Draft decree proposes creation of a centrally-run credit fund to buy SME company bonds.....
db X-trackers in US growth push
Deutsche Bank ETF unit aims to nearly double its US-listed products in 12-months.....
Custody heads launch Asia advisory firm
Ex-JP Morgan and Standard Chartered duo will target finance companies.....
Exane BNP Paribas plots electronic trading launch
French broker's move follows a string of recent hires.....
Icap appoints global head to lead its indices push
Interdealer broker aims to double its suite of benchmark products.....
Tackle VAT fraud, Revenue urged
HM Revenue and Customs is urged to show "more urgency" in how it deals with VAT fraud and tax losses from online trading......
Watchdog warned Co-op over Lloyds
A financial regulator says he told the Co-operative Bank to tell Lloyds about capital shortfall concerns when the two firms were negotiating a bank branch sale......
Ulster Bank cuts hundreds of jobs
The Ulster Bank, which is owned by the Royal Bank of Scotland (RBS), has announced it is to shed hundreds of jobs with the closure of 39 rural branches across Ireland......
New York City gets .nyc domain name
New York City is the first US city to get approval for its own .nyc domain name, Mayor Michael Bloomberg announces......
Strong US car sales drive recovery
US car manufacturers report their strongest monthly sales growth in June since the recession......
Firms' confidence 'at six-year high'
Business confidence in the UK is at its highest level since 2007 and the economy is slowly strengthening, a survey from a leading business group suggests......
Annuity rates 'starting to rise'
Annuity rates are starting to rise, experts say, offering some respite for older people who have saved for years for their retirement......
Hollande sacks critical minister
France's President Francois Hollande sacks his Environment Minister Delphine Batho after she criticised cuts to her department......
RSS apps face glitches post-Google
As Google closes its popular Reader service, some users who have switched to alternative RSS feed services are facing problems......
Ocado's losses up despite sales rise
Online grocer Ocado reports widening losses despite seeing an increase in sales......
Tesco pulls horror colouring book
Tesco withdraws from sale on its website a colouring book depicting gory scenes from horror films......
Bebo sold to founder in $1m deal
Social network Bebo is to be reborn after founder Michael Birch snaps up the company at auction for $1m.....
French regulator raids Apple stores
Apple stores and distributors have been raided by French authorities amid accusations that Apple store rivals have been treated unfairly......
Holiday hires boost Spanish jobs
The number of registered job seekers in Spain fell again in June as more firms hired people on a temporary basis ahead of the peak summer season......
Mitsubishi UFJ buys Thai bank stake
Japan's biggest lender Mitsubishi UFJ agrees to buy a controlling stake in Thailand's Bank of Ayudhya for $5.6bn......
Winklevoss twins plan Bitcoin trust
Tyler and Cameron Winklevoss, famed for their legal dispute with Facebook's Mark Zuckerberg, unveil plans to float a Bitcoin trust......
London Market Report
The FTSE 100 closes practically unchanged after a late rally, but shares in outsourcing group Serco jump on news it has won a US government contract......
Teachers warn of school term 'chaos'
All state schools in England are to be able to set their own term dates - while Wales moves in the opposite direction, with proposals for standardised terms......
Payday lenders could face advert ban
Payday loan companies could face tougher restrictions on where, and how, they are allowed to advertise......
Mortgage approvals continue recovery
More mortgages are being approved than at any time in the past three and a half years, according to latest figures from the Bank of England......
US manufacturing in June bounce-back
US manufacturing recovered in June from an unexpected dip the previous month, an industry survey indicates......
Spain manufacturing 'stable' in June
Spain's declining manufacturing sector appears to stabilise in June, meanwhile eurozone unemployment remains at a record high......
UK manufacturing at two-year high
UK manufacturing saw its strongest growth in two years in June, according to a survey, boosting hopes of a strengthening economic recovery......
Brazil World Cup tickets 'cheapest'
Football governing body Fifa says tickets for next year's World Cup in Brazil will be the "cheapest ever", with prices to be announced on 19 July......
AUDIO: Editors head-to-head on the 'recovery'
Economics editor Stephanie Flanders and business editor Robert Peston debate the latest raft of business figures and whether they point to a real recovery......
VIDEO: MP: Business is a force for good
A Conservative who grew up in the "tough background" of Peckham in south London before becoming the party's first black MP a few miles away in Westminster said that business was a "force for good"......
VIDEO: Payday loan lender explains 296% APR
A payday lender who charges 296% on loans said the APR figure came from a "complicated formula" and "never kicks in" as customers repay their loans within days......
VIDEO: Inside Australia's unnatural wonder
Australia's economy has proved resilient during the global economic downturn, but there are fears the slowdown in Chinese manufacturing could depress demand for iron ore and other commodities......
VIDEO: Drones making oil rigs and pylons safer
A Scottish firm's remote control helicopters are being used to inspect North Sea oil rigs and wind farms......
VIDEO: Economic misery in Egypt's new era
Many ordinary people in Egypt hoped that life would improve when their new President Mohammed Morsi came to power......
AUDIO: Today business roundup
A new survey says UK business confidence is rising, plus what next for China's economy and what is behind the fall in the price of gold?.....
VIDEO: Will bust follow commodities boom?
Australia has proved resilient during the global economic downturn, with the commodities boom a key factor driving its economy in the right direction......
TV Tour de force for cycling sponsors
Why it pays to be a Tour De France sponsor.....
Reboot profits with digital makeover
How to boost your profits with a digital makeover.....
Public transport learns from F1
How public transport is learning the secrets of F1.....
Teentech winners honoured
Teen tech inventors are invited to Buckingham Palace.....
U.S. Day Ahead: Road to U.S. jobs report starts with ADP
July 2 - The ADP National Employment report is expected to show private employers added 160,000 jobs to their payrolls in June. The Labor Departments monthly jobs report is due on Friday......
The real drivers of auto demand
July 02 - Auto sales continue to climb despite a pick-up in general interest rates - as subsidized loans appeal to owners of aging vehicles and truck sales remain strong. Bobbi Rebell reports......
High hurdle to ramping up QE3: Fed's Dudley
July 2 - New York Fed President William Dudley sees a possibility of ramping up QE3 only if the economy gets in trouble. No reporter narration......
ECONOMY 2013: Sequestration, rates shift Exelis business
Exelis CEO David Melcher says sequestration and the rise in interest rates has resulted in a shift from a product focus to a service focus, but expects continued support from the Department of Defense.....
Techquity: Zynga's product issues, former Groupon CEO sings
Jul 2 - Zynga makes management change but analysts say it has other problems. Plus, former Groupon CEO Andrew Mason releases an album and we have a sample......
Daily Digit: Dunkin' Donuts to reach 15,000
July 2 - Dunkin' Donuts could double its U.S. store locations by 15,000, says Lazard Capital, as the food chain beefs-up competition with McDonald's and Starbucks. Conway G. Gittens reports......
Breakingviews: Banks weathering the storm?
July 2 - Jeffrey Goldfarb and Antony Currie discuss upcoming second-quarter results for the world's biggest banks and whether they can keep up with the volatility......
The new strategy to pass gun control
Dan Gross, Brady Campaign to Prevent Gun Violence president, says the Machin-Toomey background check legislation will return and he believes his group may have a good chance for success in the House......
Car buyers can't hold out any more-Edmunds.com's Caldwell
July 2- Pent up demand and easy credit continue to drive car sales- despite the rocky stock market and still weak job picture, says Edmunds.com's Jessica Caldwell. Bobbi Rebell reports......
Trading at Noon: Big, brawny pickup trucks fuel auto sales
July 2 - Pickup truck sales drive the auto industry toward its strongest month since before the recession......
Constellation Brands misses Wall St. forecasts
July 2 - Constellation Brands disappoints with earnings due to higher grape costs, but lifts full-year profit outlook. Fred Katayama reports......
Reform frustration rattles euro zone
July 2 - Three days to deliver or face the consequences - that's the warning given to Greece as it tries to secure its latest bailout payment. Coming after the resignation of Portugal's Finance Minister and political problems in Italy Sonia Legg asks.....
U.S. Morning Call: U.S. car sales to rev up in June
IFR says total U.S. auto sales will have hit an annualized pace of 15.5 million in June - the fastest growth since November......
Market Pulse: The Aussie dollar - the Ben Johnson of FX
July 2 - The Reserve Bank of Australia delivers the first of 4 major central bank policy decisions this week. It wants the Aussie dollar lower, but how much lower? Also this week, the BoE, ECB and Riksbank......
Breakingviews: Cyprus good publicity, bad economics
July 2 - The idea of hitting the creditors of bailed-out countries like Cyprus is sound, says Breakingviews. But it would be fairer to spread the burden of the bailout over all Cyprus private creditors......
Parliamentary elections best hope for Egypt crisis - EBRD
July 2 - Egypts current protests reflect a deeply divided society. The best hope for an end to the crisis is to balance presidential power with parliamentary elections, says the EBRDs Tarek Osman......
U.S. pivot back to Philippines stirs old memories, new fears
' Michaela Cabrera reports from the Philippines' Subic Bay, former site of a U.S. naval base, where the return of U.S. warships is being welcomed by some and watched warily by others......
Reuters Today: Egypts clock is ticking; more Snowden leaks?
July 2 - Egyptian president Morsi rejects a 48-hour army ultimatum. Upbeat U.S. and European economic data give investors some relief. Plus, the former U.S spy contractor Edward Snowden threatens more leaks......
Reuters Today: Egypt's ultimatum, Snowden breaks his silence
July 2 - A look at the early action in the European markets and the day's hot stocks, as well as a final wrap-up of Asia trading......
Social media for dummies? Study irks China's netizens
July 2 - Users of Weibo are up in arms over a new survey that brands them poor and uneducated, with some seeing nothing less than a conspiracy to discredit the Chinese microblogging service. Anita Li reports......
Artist stirs privacy debate with portraits from DNA
July 1 - DNA extracted from cigarette butts and bubble gum found on the streets of Brooklyn is being used by artist Heather Dewey-Hagborg to create realistic portraits of anonymous New Yorkers. The artist says her project is designed to spark debate .....
Tribune takes the lead with Local TV
July 1 - Tribune's deal for Local TV makes it the biggest broadcaster in the U.S. at a time when broadcast is making strides in new media. Bobbi Rebell reports......
Stocks sprint as second half begins
July 1 - Summary: Shares climb after factory data, construction spending support idea Federal Reserve can keep adding stimulus; Zynga CEO demoted to Chief Product Officer in favor of Xbox chief. Conway G. Gittens reports......
U.S. Day Ahead: Fed votes on bank capital
July 1 - The Federal Reserve is expected to vote on plans to boost U.S. banks' required capital. And two Fedsters on the road speaking: Fed Gov Jerome Powell and NY Fed president William Dudley......
Techquity: Analysts praise Apple, see Pandora like Netflix
Jul 1 - Analysts praise, raise ratings on Apple. Plus, how one sees Pandora as similar to Netflix......
Pimco investors withdraw $9.6bn in one month
The carnage in the bond market in the past two months has reduced the assets of the Pimco Total Return Fund, the world's largest bond fund, by 8.5pc, Morningstar data has shown.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....
In euroland, politics has triumphed over economics
Europe's crisis is not at root a fiscal one, but the eurozone prescribes fiscal solutions.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1d73c4/mf.gif' border='0'/><div class='mf-viral'><table bord.....
Exploding rocket hits Inmarsat shares
The FTSE 250 satellite communications group fell heavily during trading.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1c40aa/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr&g.....
Ian Hannam was given final written warning by JP Morgan Cazenove before FSA fine
Ian Hannam was investigated and given a final written warning by JP Morgan Cazenove at the same time as the Financial Services Authority was examining his conduct.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Brazilian billionaire Eike Batista battles to secure his empire as commodity tide turns
Oil and gas billionaire Eike Batista is an unlikely protagonist in the story of Brazil's growing economic crisis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1bbbd0/mf.gif' border='0'/><div class='mf-v.....
National Express sees 7pc rise in first half revenue
A recent pick-up in the weather has encouraged pensioners back onto buses in Britain, according to transport giant National Express, as it reported a 7pc rise in total revenue in the first half of the year.<img width='1' height='1' src='http://tel.....
Portuguese government at risk of collapse as foreign minister resigns
Portugal's political crisis has deepened with the resignation of foreign minister Paulo Portas, in a move which could trigger the collapse of the ruling coalition government.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Business news and markets: as it happened, July 2, 2013
Economist Vicky Pryce gives evidence to House of Lords committee on eurozone crisis, saying the ECB will have to "intervene massively".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1b7689/mf.gif' border='0'/&.....
'Unhealthy' multibuys targeted in new obesity crackdown
Supermarket multibuy promotions on fatty foods could be scrapped in a new obesity crackdown by the Government.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1b768a/mf.gif' border='0'/><div class='mf-vira.....
Business news and markets: live
Economist Vicky Pryce gives evidence to House of Lords committee on eurozone crisis, saying the ECB will have to "intervene massively".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e134086/mf.gif' border='0'/&.....
Kerry Katona declared bankrupt for second time in five years
Reality TV star declared bankrupt again and dropped as face of payday lender Cash Lady.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1bb3ec/mf.gif' border='0'/><div class='mf-viral'><table border=.....
Sir Philip Green calls for overhaul of business rates
Sir Philip Green has demanded a fundamental overhaul of Britain's business rates system to support struggling high streets.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1bb3ed/mf.gif' border='0'/><div c.....
Vicky Pryce seeks rehab through the debt crisis
Who would have thought the debt crisis could be so therapeutic?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1b6ba7/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td .....
Sir Philip Green's fashion school set to expand
Fashion Retail Academy to expand to 1,000 students and is looking at opportunities in overseas territories.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1ad259/mf.gif' border='0'/><div class='mf-viral'&.....
Ulster Bank to cut up to 1,800 jobs
Ulster Bank has announced it will slash nearly a third of its workforce as part of a drive to cut costs and turn around the business.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1b63bf/mf.gif' border='0'/>.....
Pensions liberation arrests lead to 80pc drop in spam texts
Dramatic decline in spam texts followed arrests in "boiler room" raid in May.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1b768b/mf.gif' border='0'/><div class='mf-viral'><table border='0'><.....
HMRC to shut 500 'pension liberation' schemes
HM Revenue & Customs plan to deregister up to 500 fraudulent pension "liberation" schemes as part of a widespread attempt to crackdown on the industry.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1a2302/.....
Britain's baby boom will affect our economy more than anything Mark Carney does
Over time, babies matter far more to an economy than even the cleverest of central bankers. The wealth of nations is determined by how many workers they host, and how productive their citizens are.<img width='1' height='1' src='http://telegraph.fe.....
Pension savers offered 1pc 'cashback'
Pension savers could earn cashback of 1pc of the value of their savings if they transfer them to a Fidelity Sipp.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1a1f9c/mf.gif' border='0'/><div class='mf-v.....
Car sales lift Wall Street ahead of Independence Day
US markets rise ahead of the July 4 holiday, lifted by rising car sales.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e1a1f9d/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr&g.....
Co-op failed investors, MP claims
The Co-operative Group has been accused of shirking its responsibilities by letting bondholders - including thousands of pensioners - bear the cost of bailing out its stricken banking arm.<img width='1' height='1' src='http://telegraph.feedsportal.....
Ocado attracts overseas interest after Morrisons deal
The chief executive of Ocado, Tim Steiner, says the online grocer has been visited by companies from around the world after agreeing a 216m tie-up with Morrisons.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e.....
Greece could be denied IMF aid
Greece faces the prospect of being denied vital aid from the International Monetary Fund (IMF), as the country battles to convince European debt inspectors that it can deliver on promised reforms.<img width='1' height='1' src='http://telegraph.fee.....
LVMH fined 8 million in Hermes case
Luxury conglomerate LVMH has been fined 8 million for failing to disclose the acquisition of numerous shares in French fashion house Herms.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e196ea8/mf.gif' border='.....
Vicky Pryce gives evidence on eurozone crisis to House of Lords
Vicky Pryce makes the latest bid to rehabilitate her reputation today after being convicted for swapping speeding points with ex-husband Chris Huhne.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2e163791/mf.gif.....
