EBA decision could inhibit bank capital issuance
Banks could face fresh challenges in raising Basel III-compliant debt finance as a result of a recent EBA decision.....
Sellside slump pushes staffing to near-decade low
Shrinkage in sellside firms is pushing down the number of authorised people working in the UK's financial industry.....
Carlyle Group to consider investments in Iraq
The buyout firm is looking for opportunities in the country as part of a new $750m Mena-focused fund it hopes to raise.....
Pension Protection Funds UK Coal deal slammed as renationalisation
The PPF may have exposed itself to too much financial risk through its rescue of loss-making UK Coal and its pension funds.....
BofA Merrill Lynch in second senior equities shake-up
Mark Iannotti, who had led equity research for Emea, has stepped down after a little over a year in the role.....
Church and charities manager seeks talent
CCLA Investment Management has tapped UBS and Hawkpoint Partners to fill top roles.....
Optima to float US agriculture fund
Optima Fund Managers is planning to double the size of its US agriculture fund and float it on the public markets.....
Former Goldman execs step up maiden fund talks
DMC Partners has stepped up talks with investors for a new fund.....
Tullett teams with S&P Capital IQ on data deal
The deal underlines the growing importance of increased information around the over-the-counter derivatives markets.....
AlpInvest wins race for 800m HVB assets
The Dutch private equity investor has entered into exclusive talks to buy a range of secondhand fund interests and direct investments.....
UK inflation rate rises to 2.9%
The rate of consumer price index inflation increased to 2.9% in June, up from 2.7% in May, official figures show, a smaller rise than expected......
Swinton fined 7.4m for mis-selling
One of the UK's largest insurance companies, Swinton, is fined 7.38m for mis-selling policies to its customers......
PPI complaints still at 2,000 a day
Complaints about Payment Protection Insurance (PPI) are still running at more than 2,000 a day, according to the Financial Ombudsman......
Yahoo revenue falls on slow ad sales
Internet giant Yahoo continues to struggle, reporting declining ad revenue in the second quarter of 2013, although profits rise......
Coca-Cola sees earnings falter
Beverage giant Coca-Cola reports disappointing earnings in the second quarter, due partly to wet weather......
Goldman Sachs doubles profits
Goldman Sachs reports profits of $1.9bn in the three months to June, beating expectations and double what it made a year earlier......
Wood fuel subsidies to be capped
The UK government is turning away from its controversial policy of subsidising power stations to generate electricity from burning wood......
BoE suspects traders of bond-rigging
The Bank of England asks the Financial Conduct Authority to examine whether traders tried to rig the price of bonds during its QE bond-buying programme......
Energy firm warns of bill increases
Annual household energy bills by 2020 are likely to be 100 higher than government projections, says energy firm RWE Npower......
US inflation rises to 1.8% in June
US consumer inflation hit an annual rate of 1.8% in June as clothing, petrol and services costs all increased......
Energy customers kept 'hanging on'
A survey of energy firms has found that customers who try to call them can be kept hanging on the line for up to almost 30 minutes......
OECD: Bleak job outlook for eurozone
Young workers in the eurozone will continue to suffer from high unemployment rates, the Organisation for Economic Co-operation and Development warns......
Bostock quits online retailer Asos
Kate Bostock abruptly quits as head of product and trading at online fashion retailer Asos only seven months after being hired from Marks and Spencer......
Benefit cap 'could be lowered'
The amount families can claim in benefits could be lowered further if a new 26,000 cap succeeds in cutting the welfare bill, Treasury sources say......
European car sales fell 5.6% in June
New car sales in Europe suffered their worst June since 1996 with demand falling to 1.134 million vehicles, but the UK sees sales rise......
London Market Report
The FTSE 100 struggles to make headway but mining shares rise after a well-received trading update from Rio Tinto......
'Slow' horsemeat inquiry condemned
MPs say they are dismayed at the slow pace of investigations into the horsemeat scandal, six months after the first mislabelling cases emerged......
Think tank offers 'Brexit' prize
The Institute of Economic Affairs says it is offering a 100,000-euro prize for the best plan for a UK exit from the European Union......
McDonald's takes Big Mac to Vietnam
Vietnam gets a taste of McDonald's after the US burger giant says it will open its first outlet in the communist country next year......
Benefit cap 'leads to more in work'
The government says more than 12,000 people have moved into work after being told about the benefits cap......
Donations site reassures over funds
The leading online giving company, JustGiving, is seeking to reassure fundraisers after rival donations website charitygiving.co.uk hit the financial rocks......
Greece holds fresh general strike
A general 24-hour strike is held in Greece in protest against government plans to sack thousands of public sector workers to meet bailout conditions......
UK has most high-paid bankers in EU
More British bankers earned more than one million euros each in 2011 than the rest of the European Union put together, according to the European Banking Authority......
US retail sales growth slows in June
US retail sales grew in June, but at a slower rate than was expected by many analysts, raising expectations that monetary stimulus will continue......
Adidas drops Gay after drug test fail
Sportswear manufacturer Adidas suspends its sponsorship of sprinter Tyson Gay after the American fails a drugs test......
AUDIO: Streets of London 'paved with gold'
Veolia, one of the country's biggest street cleaning firms, has announced it is to "mine" the sweepings it collects from roads and pavements, in search of precious metals......
VIDEO: Death on the Nile? Egypt's economy
An interim leader is in place following the ousting of Mohammed Morsi, but Egypt's economy remains in a fragile state......
VIDEO: Tales of debt from around the globe
Household debt, the the amount of money adults in a home owe to financial institutions, has risen in most countries in the last few years......
VIDEO: Sunshine boost for flooded businesses
Laura Trant reports from the New Forest to see what a difference the change in weather means for local businesses......
VIDEO: 100k euro for best essay on leaving EU
There is cash prize of 100,000 euros (87,000) for an initial 2,000-word essay giving the best reasons for Britain to leave the European Union......
VIDEO: GSK under fire in China 'bribes' row
British pharmaceuticals company GlaxoSmithKline has vowed to review all-third party agency relationships after Chinese police released details of an investigation into bribery allegations......
AUDIO: Why has Brazil's economy slumped?
Celebrated as emerging as part of the powerful BRIC economies, it has nosedived in recent weeks. The Today programme's business presenter Simon Jack reports......
AUDIO: Today business round-up
Business news with Today business presenter Simon Jack......
The technology of the Tour de France
Small details that make a big difference in cycling.....
The cash machines of the future?
What will the cash machine of the future look like?.....
India's plan to become a leading olive oil producer
India plans to become top olive oil producer.....
Lighting the office - just by walking
Could you light a shopping centre - just by walking around?.....
Greece privatisation: Myth or reality?
Is Greece's privatisation programme myth or reality?.....
U.S. Day Ahead: Big day for Ben on the Hill
July 16 - Fed Chair Ben Bernanke presents his economic outlook before the House Financial Services Committee in his first day of testimony on Capitol Hill......
Daily Digit: $322 All-Star ticket
July 16 - A last-minute ticket for Tuesday's Major League Baseball All-Star game is as low as $332 - but be prepared to stand. Conway G. Gittens reports......
Techquity: Apple may hop over Dish, Facebook's new friend
July 16 - Apple reportedly considers ad-skipping service like Dish while Facebook picks up a buy rating......
3D human brain map points way to future discovery
July 16 - German and Canadian scientists have built a three dimensional map of the human brain to help guide researchers investigating the origins of diseases like Alzheimer's and Parkinson's disease. The "human brain map" shows the organ in unpreced.....
Trading at Noon: Schwab's shabby results; Tesla tanks
July 16 - Shares of Charles Schwab down today after missing earnings estimates and Tesla stock down 8 pct on concerns about growth......
Breakingviews: Goldman envy
July 16 - Jeffrey Goldfarb and Antony Currie discuss why the second-quarter results at Goldman Sachs fail to put much distance between it and its rivals......
No end to one month of protests
July 16 - Thousands of Bulgarians are vowing to set a world record by staging daily protests until their government listens to their call for new elections. As Sonia Legg reports they say the EU's poorest nation is riddled with corruption......
Recycled helmet offers cycling solution for bike renters
July 16 - A bicycle helmet made from discarded newspapers is a British design trio's answer to the problem of part-time cyclists riding rental bikes around London without protective headwear. Jim Drury reports......
Honeywell feels heat after Boeing fire
July 16 - The battery of an emergency locator transmitter is reportedly the latest suspect in an investigation into a fire on a Boeing Dreamliner in London last week. If confirmed it will be the second battery problem experienced by Boeing's Dreamlin.....
Greeks strike over job cuts, corruption
July 16 - From garbage collectors to bank workers, tens of thousands of Greeks walked off their jobs on Tuesday and rallied in front of parliament to protest against government plans to cut public sector jobs. The strike came just hours after parliam.....
Goldman Sachs smashes estimates
July 16 - Strong performance in investment banking helped Goldman Sachs more than double its quarterly earnings. Fred Katayama reports......
Europe Day Ahead: How did Carney vote?
July 16 - The Bank of England publishes minutes from Mark Carneys first meeting, while investors wait anxiously for Ben Bernanke to give further guidance on tapering QE. Plus Novartis & BHP earnings......
G7 inflation? Forget it deflation is just as much a worry
July 16 - The trillions of dollars of central bank money printing around the world was meant to spark inflation. But 5 years after Lehman, it still hasn't happened. And theres little sign it will......
Daily Digit: Europe's car sales fall
July 16 - European car sales fall again damping hopes of a recovery in an industry that has been pummelled by overcapacity and weak consumer demand. Sonia Legg reports......
Market Pulse: FX awaits Bernanke but which Ben will show up?
July 16 - Oil at a 3-month high and Glenstrata puts a $5 bln copper project up for sale. The euro and sterling defy the odds ahead of Wedensday's testimony from Ben Bernanke. But which Bernanke will show up?.....
Breakingviews: Don't sink the pound, Governor Carney!
July 16 - UK inflation rises less than expected in June, but still jumps to its highest level in over a year. With prices rising faster than wages, the new BoE Governor Mark Carney mustn't push down the pound......
Death by iPhone? Not likely, say China's microbloggers
July 16 - The alleged electrocution of a Chinese woman who made a call while charging her iPhone has some netizens looking to Apple and others conducting their own tests. Anita Li looks at the online response......
FACTBOX: China's growth balancing act
July 16 - Chinas economy is slowing, but how slow is too slow? Here's a look at the numbers facing the country as it juggles sometimes competing needs for growth, reform and social stability......
Reuters Today: Summer of discontent ... or summer of love?
July 16 - Unrest in Cairo, a general strike in Greece and fresh protests over Zimmerman in the U.S. - it's looking like a long, hot summer. But for stock markets, it's looking like a summer of love......
U.S. Morning Call: Goldman Sachs profit doubles from trading
July 16 - Goldman Sachs's quarterly profit doubled as the bank made more money trading bonds before an interest-rate spike hit markets in June......
Boeing helps Wall St. fly to new record
July 15 - Summary: Boeing rebounds as 787 fire probe focuses away from battery; Citigroup results improve as toxic loans now less toxic; Goldman trader begins day in court; Leap shares double on AT&T bid. Conway G. Gittens reports......
Citi's next challenge
July 15 - Citigroup reported better than expected results- but its exposure to emerging markets raises questions about its vulnerability. Bobbi Rebell reports......
U.S. Day Ahead: Goldman could exceed expectations on trading
July 15 - Fixed income trading at other banks has held up in this recent bond sell-off and analysts expect Goldman Sachs to do better than expected. Analysts forecast earnings of $2.82 per share......
Microsoft, BlackBerry cut prices
July 15 - Microsoft cut prices on the entry level Surface tablet by 30 percent and the BlackBerry z10 is selling for $100 below is debut price as the two gadgets fail to live up to hype. Conway G. Gittens reports......
Techquity: Time for iWatch help, Yelp and Qualcomm cut
July 15 - Apple reportedly seeks help to create iWatch while analysts lower ratings and Yelp and Qualcomm......
Yahoo! reveals mixed results on Marissa Mayer's one-year anniversary
The arduous task facing Yahoo! chief Marissa Mayer was laid bare on Tuesday night, as a mixed set of results sent shares down more than 2pc in after-hours trading.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2.....
Mark Hoban: benefits cap may be too high outside London
Coalition's 500-a-week cap on household benefits may be too generous for claimants in poorer parts of Britain, minister suggests.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ec0210b/mf.gif' border='0'/><.....
GSK's treatment in China will be a warning to others
GlaxoSmithKline has been painted as another foreign predator on Chinese consumers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ec0210f/mf.gif' border='0'/><div class='mf-viral'><table border='0'&g.....
OECD fears jobless threat to social fabric as Europe left behind
The unemployment gap between the US and eurozone states will reach the highest levels in modern history next year, according to a report by the OECD.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebf7768/mf.gif.....
Profit has never been a company's only duty
Businesses must look after shareholders, while also working in the public interest, says Jesse Norman<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebf7769/mf.gif' border='0'/><div class='mf-viral'><.....
Vodafone free to complete 9bn Kabel deal after Liberty admits defeat
Vodafone is free to complete a 9.1bn deal for Germany's largest cable company, Kabel Deutschland, after rival bidder Liberty Global admitted defeat.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebf776a/mf.gif'.....
Dairy Crest to use cheese leftovers to make baby food
Dairy Crest is to use the excess liquid created by its cheesemaking process to expand into baby food.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebf776b/mf.gif' border='0'/><div class='mf-viral'><.....
Co-op food business under pressure despite sales uptick
The beleaguered Co-operative Group is continuing to lose market share and remains the worse performing major grocery retailer in the UK, according to industry data.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Kate Bostock to leave Asos after six months
Kate Bostock, the former head of clothing at Marks & Spencer, is leaving online fashion retailer Asos after just six months.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2eb91918/mf.gif' border='0'/><.....
Bankers 'tried to manipulate QE', says BoE's Paul Fisher
Traders are being investigated for attempting to rip off taxpayers by manipulating quantitative easing as the Bank of England desperately tried to rescue the economy two years ago.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Bankers 'tried to rig QE', says BoE's Paul Fisher
Traders are being investigated for attempting to rip off taxpayers by rigging quantitative easing as the Bank of England desperately tried to rescue the economy two years ago.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/.....
Travel companies feel the heat
TUI Travel and Thomas Cook fell on speculation about the impact of Britain's heatwave.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebefe04/mf.gif' border='0'/><div class='mf-viral'><table border='.....
Gazprom sets aside 2.4m to buy tablet for chief executive Alexei Miller
Gadget must boot up in five seconds, download data in less than 15 seconds and be secure.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebefb8e/mf.gif' border='0'/><div class='mf-viral'><table borde.....
Former star bankers sell hotel services group
Two investment bankers who left UBS to run their own private equity firm have completed their first disposal, selling a German hotel services company for about 35m.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Ban on selling new Mercedes in EU moves closer
Some new vehicles by Daimler cannot be sold or registered in the EU as they contain a banned coolant.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebdbc5f/mf.gif' border='0'/><div class='mf-viral'><.....
Goldman quarterly profits more than double to $1.93bn
Goldman Sachs more than doubled its profits in the second quarter, exceeding analysts' expectations after a jump in fixed-income trading.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebb0f63/mf.gif' border='0'.....
Business news and markets: as it happened, July 16, 2013
The Financial Conduct Authority said it would investigate suggestions that traders rigged bond auctions under the Bank of England's asset purchasing scheme.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebdb5b5.....
Business news and markets: live
BoE's Paul Fisher "reasonably optimistic" about the Bank's QE exit strategy but admits there is a "big challenge" in unwinding QE successfully, without seeing a bond bubble burst.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32.....
How to reclaim mis-sold PPI
Eight out of 10 cases taken on by the Financial Ombudsman is now about PPI. If you think you have been mis-sold, there are steps you can take for insuring you reclaim your lost money and compensation.<img width='1' height='1' src='http://telegraph.....
India 'will become world's biggest economy in less than 40 years'
CEBR chief believes India will overtake China in less than 40 years.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebdae13/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr>&l.....
An online sales tax would hit the poorest shoppers hardest
As so often is the case, it was Adam Smith who got it right, even though he was writing in 1776, long before anybody could possibly have imagined the rise of the digital economy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....
India takes drastic steps to defend rupee as global Fed shock deepens
India has been forced to tighten monetary policy to halt capital flight and support its currency in wake of US Federal Reserve move to taper QE.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebcaebf/mf.gif' bor.....
Coca Cola blames wet weather and Europe for profit fall
Drinks giant Coca Cola has posted a fall in profits as sales of its fizzy beverages fell flat.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebc3aea/mf.gif' border='0'/><div class='mf-viral'><table .....
UK inflation: five graphs to explain rising prices
UK inflation hit a 14-month high in June, rising to 2.9pc from 2.6pc in May. Here we take a closer look at what is pushing up prices.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebb0f62/mf.gif' border='0'/>.....
Highways Agency revamp paves way for bonus row
Directors running the revamped Highways Agency will be offered performance bonuses under plans unveiled by the Government.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2ebcaec9/mf.gif' border='0'/><div cl.....
