Legal costs mount for Europes banks
Banks' provisions for litigation and regulatory expenses more than triple over the past year.....
Sellside rallies to challenge Deutsche BLiquidnet tie-up
Broking duo pull out of German exchange's dark pool over fears of information leaks.....
European pension funds eye tax windfall
European Court of Justice ruling in Dutch case on refunds on VAT paid on investment management fees could have wider implications.....
Pay in the picture for two CEOs
Simon Lewis and Ross McEwan, both tasked with helping restore trust in banking, are paid a similar amount.....
S&P rated funds languish in the bottom quartile
Financial News research shows 65% of funds rated highly by Standard & Poor's unit five years ago have closed or are poor performers.....
Commodities revenues plummet at top banks
Regulatory scrutiny and lower volatility have dragged first-half revenues down 25% from a year ago.....
Controversial PIK notes reach record high
European issuance of the controversial debt instrument hit $3.9 billion by the end of July this year.....
Barclays investors to be left in the dark
Influential fixed-income strategist says investors in the planned Barclays contingent capital bond will not be able to check on the bank's capital position between results updates.....
Correction
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Cable warns on zero-hours contracts
Business Secretary Vince Cable fears zero-hours contracts are being abused after research suggested a million people could be working under them......
Amazon's Bezos buys Washington Post
The Washington Post says Amazon chief executive Jeff Bezos has agreed to purchase the company's flagship newspaper for $250m (163m)......
UK services growth at six-year high
The UK's services sector has expanded at its fastest pace since December 2006, a survey indicates......
Bank's fax blunder leads to fine
The Bank of Scotland has been fined after repeatedly faxing customers' account details and payslips to the wrong recipients......
BP says US gas probe 'without merit'
US regulators tell BP to respond to allegations of natural gas market manipulation, but the energy giant denies the claims......
Plan to turn empty shops into houses
The UK government is launching a proposal to make it easier to turn empty High Street shops into homes......
HSBC mulls pay rises as profits jump
HSBC is considering raising its bankers salaries in a bid to limit the impact of new rules which will cap bonuses at a maximum of double their salary......
Payday lender complaints 'justified'
A host of payday loan customers have grounds for complaint against lenders over the way repayments were collected, a charity says......
Charity shops change amid squeeze
The British Heart Foundation has turned to opening larger furniture and electrical charity shops to build profits despite the economic climate......
Korea worry as iPhone ban overturned
The South Korean government concern as the Obama administration overrules a sales ban of some older Apple and iPad models......
Kenya revokes mining licences
The Kenyan government revokes all prospecting and mining licences granted in the first five months of this year after complaints about the issuing process......
Bank policy 'risks higher inflation'
The Bank of England's expected new policy of forward guidance risks increasing inflation, a leading expert has warned......
Coastal towns 'in cycle of poverty'
Declining seaside towns in parts of the UK are stuck in a cycle of poverty and are "dumping grounds" for the most vulnerable people, a think tank says......
China service sector growth steadies
China's services sector expands slightly in July, an HSBC survey shows, indicating that growth in the sector has steadied......
Fonterra 'sorry' for botulism scare
The chief executive of dairy giant Fonterra apologises for the distress caused to parents because of a scare over contaminated products......
Wind farm firm in 100m euro deal
A power company with plans for a 125-turbine Scottish wind farm strikes a 100m euro deal with a Japanese firm......
London Market Report
London's FTSE 100 index opened strongly on Monday, but lost ground by lunchtime......
Vodafone sues Telecom Italia
Vodafone has filed a lawsuit against Telecom Italia, claiming the Italian company abused its dominant market position......
Ex-RBS man impersonates bond seller
A former manager at Royal Bank of Scotland impersonated a bond salesman at the bank after he lost his job in its property services division......
Toilet users warned of tech flaw
A $5,700 "smart" toilet from Japan can be activated by anyone with the brand's app on their phone, security experts find.....
Childcare plan 'will include carers'
The government says it wants to expand a new childcare tax credit scheme to include parents who stay at home because they are full-time carers......
More believe economy 'will improve'
More people think the UK economy will improve next year than those who think it will get worse, a survey by consumer group Which? suggests......
Smith quits as Rangers chairman
Walter Smith steps down from his post as Rangers chairman following a period of bitter infighting at Ibrox......
VIDEO: Greece facing medicine shortage
Greece is running short of nearly half of its 500 most used drugs, according to officials......
AUDIO: Zero hour contracts 'just the norm'
Rochelle Monte, a domiciliary care worker who is on a zero-hour contract, told the Today programme's Evan Davis that working a zero-hour contract has "just become the norm" for her......
VIDEO: UK service sector figures explained
The UK's services sector has expanded at its fastest pace since December 2006, a survey has indicated......
AUDIO: Peer lending for sole traders
As more businesses are turning to peer to peer lenders to get cash, are they risky deals or the answer to money troubles?.....
VIDEO: Summer sun boosts UK tourism
The recent heatwave has seen a rise in last-minute bookings giving a boost for the UK tourist industry......
VIDEO: 'Abuse' with zero-hours contracts
As a government review of zero-hours contracts is under way, Business Secretary Vince Cable says there is evidence of abuse taking place......
VIDEO: Fonterra apology for milk contamination
New Zealand's main dairy exporter, Fonterra, has apologised for the recall for thousands of its products after finding a strain of bacteria causing botulism......
VIDEO: Investors sue Chinese conglomerate
Investors are suing the conglomerate China Resources Power over allegations of corruption......
Haiti: stove-maker and life-changer
The Haitian manufacturing boss creating jobs out of adversity.....
The scramble for business in Africa
Countries competing for business opportunities in Africa.....
Indians' roses divide Ethiopians
How Indian roses are dividing Ethiopia.....
CBS wil reject TWC a la carte offer- Wedbush's Dix
August 5 - Wedbush Securities James Dix explains why CBS will reject Time Warner Cable's latest offer- and how he sees the battle over fees playing out. Bobbi Rebell reports......
U.S. Day Ahead: Investors like Kors affordable luxury play
Aug 5 - Michael Kors reports Q1 results Tuesday. The upscale apparel maker has been one of the most successful IPOs in the past two years and has analysts very optimistic on its future......
A la carte pricing would benefit cable companies- Craig Moffett
August 5 - Cable companies like Time Warner Cable would benefit from the unbundling of channels says veteral media analyst Craig Moffett. Bobbi Rebell reports......
Tasting the 250,000 test-tube burger
Aug. 05 - A slice of history is served up as the world's first test-tube burger, made from lab-grown meat, is cooked and eaten in London. Hayley Platt asks if artifcial food will be the answer to food shortages......
Techquity: Facebook gets a boost, Qualcomm doesn't
August 5 - Analyst raises price target on Facebook and cuts rating on Qualcomm. Plus, latest on Apple legal battle with Samsung......
Flying robot perches to save energy
August 5 - Researchers in Switzerland are developing a flying robot to navigate and collect data in cluttered environments. The robot is equipped to stick to vertical surfaces, and can recover and continue flying after a crash. Jim Drury reports......
Trading at Noon: Obama weighs in on Apple, Zillow
August 5 - South Korean media calls the decision by the U.S. to overrule a sales ban of some older Apple iPhones and iPads as "protectionism.".....
Breakingviews: Disney's Pixar buzzkill
Aug 5 - The Magic Kingdom spent $7.4 bln in 2006 to buy the animation studio behind "Monsters University," but Breakingviews editors say Pixar's value doesn't measure up to what Disney paid......
Chicken sales triple Tyson's profit
Aug 5 - Stronger demand and higher prices for chicken and beef fueled profit at Tyson Foods, but pork sales dropped. Fred Katayama reports......
New vaccine targets Hepatitis B eradication
August 5 - Israeli drug company SciVac has developed a third-generation vaccine for Hepatitis B, a virus that kills more than half a million people each year. The company says the vaccine has the potential to stop the disease in its tracks and is cur.....
Europe Day Ahead
Aug. 5 - A look to the close of the European markets and a look ahead to the next day's trading, as well as what to expect from the Asian markets overnight......
Crisis finally catches up with Poland
Aug. 05- Roman Markowski's shoe-selling business mirrors the fortunes of Poland's economy over the past 20 years: built in the wreckage of communism, it prospered through years of hearty consumer spending and now the slowdown has left it in deep trou.....
HSBC hit as emerging markets slow
August 5 - HSBC's pretax profit rose 10 percent to $14.1 billion in the first half, as its three-year cost-cutting plan started to pay off. But earnings fell short of expectations due to a fall in revenue and as Joanne Nicholson reports its shares to.....
Zimbabwe needs to convince investors to return - AfDB chief
Aug. 5 - Zimbabwes post-election challenge is to get investors off the sidelines and invest in the southern African country , says Donald Kaberuka, president of the African Development Bank......
U.S. Morning Call: Veto on Apple ban concerns S. Korea
Aug 5 - South Korea's government expressed concern over the U.S.'s decision to overrule a ban on the import & sale of some older Apple products. Samsung shares fell......
Market Pulse: No more excuses in Gulliver's HSBC kingdom
Aug. 5 - The cost cutting and business exiting phase is over. No more excuses then for HSBC CEO Stuart Gulliver, says Olivetree's Simon Maughan......
Wealth Strategies: Look for best returns in worst-rated debt
Aug 5 - Principal Global's Mark Cernicky says Treasury yields will peak after the Fed begins tapering at its September meeting and is finding opportunity in emerging market and triple-C rated corporate bonds......
Reuters Breakingviews: New-look HSBC emerges from fog
Breakingviews......
Reuters Breakingviews: New-look HSBC emerges from fog
Breakingviews......
Alibaba investment spooks some of China's online shoppers
Aug. 5 - E-commerce giant Alibaba's investment in the Weibo microblogging service has resulted in users being bombarded with targeted ads for everything from bikinis to coffins. Anita Li examines the reaction......
Reuters Today: Get set for summer 'melt-up' - BGC
Aug. 5 - HSBC earnings look set to jump, UK data is forecast to climb again, and even Italian debt looks solid it all adds up to a summer melt-up says BGCs Mike Ingram......
Daily Digit: Vodafone v Telecom Italia
August 8 - British telecoms provider Vodafone Group is suing Telecom Italia for abusing its dominant position in Italy, seeking damages of more than 1 billion euros ($1.3 billion). Sonia Legg reports......
A fair wind for George Osborne's new growth talisman
Pick an economic indicator. Consumer confidence, jobs, retail sales, manufacturing activity, service sector growth, credit availability, falling inflation, even construction output. All of them are pointing in the right direction, suggesting the reco.....
Luxury tour operator Scott Dunn takes stake in rival
Luxury tour operator Scott Dunn has taken a majority stake in rival Imagine Travel to take advantage of the continued demand for high-end holidays.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f97880c/sc/24/mf.....
George Soros firm 'engaged in insider trading before buying Herbalife stake'
SEC filing claims staff revealed purchase of Herbalife stake to hedge fund managers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f97880d/sc/25/mf.gif' border='0'/><div class='mf-viral'><table bord.....
Brussels' political gesture to curb bonuses is simply bad banking
If Brussels wanted to get on top of bonuses, it would demand they be on a risk-adjusted basis.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f97880e/sc/25/mf.gif' border='0'/><div class='mf-viral'><.....
IMF sees no end to French jobless crisis this decade
France's economic reforms do not go deep enough to halt long-term decline and may not cut unemployment from double-digit levels by the end of this decade, the International Monetary Fund has warned.<img width='1' height='1' src='http://telegraph.f.....
ANALYSIS: Lloyds' price rise raises stake-sale hopes
Within two hours of the market opening, shares in Lloyds Banking Group had hit a four-year high.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f97157f/sc/2/mf.gif' border='0'/><div class='mf-viral'><.....
Someone stop Larry Summers from bagging the Fed before it's too late
Barring a last-minute change of heart, President Barack Obama is shortly expected to confirm the appointment of his former economic adviser, Lawrence Summers, as chairman of the US Federal Reserve in succession to Ben Bernanke, who retires at the end.....
Domino's falls on director sales
Investors were unnerved by news of hefty share sales by Domino's directors.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f97078b/sc/2/mf.gif' border='0'/><div class='mf-viral'><table border='0'>.....
Tesco creates new family carvery restaurant
Tesco has developed a new family restaurant called Decks, whose first location opens this week.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f96401e/sc/10/mf.gif' border='0'/><div class='mf-viral'><.....
Fed 'should taper QE in September' but beware 'market havoc'
The Federal Reserve is closer to reducing its massive bond-buying programme after the unemployment rate dropped last month, a top Fed official has said, adding that he wants reductions to start this autumn.<img width='1' height='1' src='http://tel.....
BP blames trainee error as it faces $29m penalties in US gas market fixing case
BP faces $29m penalties for alleged gas price fixing, after a trainee inadvertently blew the whistle by boasting about manipulative trades in an attempt to impress an executive, US regulators claim.<img width='1' height='1' src='http://telegraph.f.....
Waitrose insists The Good Food Guide will remain impartial despite Heston Blumenthal link
The biggest guide to restaurants in Britain has been bought by upmarket supermarket retailer Waitrose.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f962663/sc/26/mf.gif' border='0'/><div class='mf-viral'.....
Business news and markets: as it happened - August 5, 2013
Upbeat data from the US service sector follows record-breaking growth in the UK private sector, but markets remain unfazed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f963518/sc/2/mf.gif' border='0'/><.....
Business news and markets: live
Upbeat data from the US service sector follows record-breaking growth in the UK private sector, but markets remain unfazed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f8fb14b/sc/2/mf.gif' border='0'/><.....
Waitrose buys The Good Food Guide
The biggest guide to restaurants in Britain has been bought by upmarket supermarket retailer Waitrose.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f947f81/sc/26/mf.gif' border='0'/><div class='mf-viral'.....
Eurozone retail sales fall but less than expected
Eurozone consumers have tightened their purse strings, with spending in the 17 nations down month-on-month and from the previous year, but the decline was not as steep as expected.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3.....
Eurozone recession will end this quarter as businesses return to growth
The eurozone's recession could end in the third quarter, according to analysts, after official data showed that the region's businesses had returned to growth for the first time in 18 months.<img width='1' height='1' src='http://telegraph.feedspor.....
Eurozone recession will end this quarter as business return to growth
The eurozone's recession could end in the third quarter, according to analysts, after official data showed that the region's businesses had returned to growth for the first time in 18 months.<img width='1' height='1' src='http://telegraph.feedspor.....
Hopes of eurozone recovery gather pace after strong private sector data
Hopes of a eurozone recovery gathered pace today after official data showed that the region's businesses had returned to growth for the first time in 18 months, while US services data also beat expectations.<img width='1' height='1' src='http://te.....
Bank of Scotland fined for 'unforgivable' fax blunder
Bank of Scotland has been hit with a 75,000 fine by privacy watchdogs for repeatedly faxing sensitive customer documents, including statements and payslips, to wrong numbers.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f.....
Cannabis drug company GW Pharmaceuticals reports bigger losses
GW Pharmaceuticals, a British drug company focused on cannabis-based medicines, reported bigger losses in the third quarter as it sought more licenses around the world.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
43pc bought more gold after price plunge
The vast majority of investors either retained or added to their holdings after the spring sell-off, a survey suggests.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f947630/sc/2/mf.gif' border='0'/><div .....
Barclays recruits nine extra banks to help with largest ever fundraising
Barclays has added nine additional banks to the syndicate running its 5.8bn rights issue as it attempts to raise the largest amount of money by a UK bank in four years.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56830.....
Halifax tops best buy tables with 1pc fee on balance transfers
Money MOT: Halifax is offering a market leading low rate of 0pc interest for 15 months on balance transfers, for a fee of just 1pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f929540/sc/25/mf.gif' border='0'.....
Samsung hits back at US veto on iPhone ban with new appeal
Samsung claims that Apple violated four of its 3G patents, and is appealing an ITC ruling which bans Apple products on the basis of just one.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/2f946f78/sc/5/mf.gif' b.....
