Myners calls for action over ETP stability risk
Former City minister wants Financial Conduct Authority to toughen stance on volatility.....
Clearing house failure could imperil buyside assets
Iosco paper on recovery and resolution set to reignite fierce debate over the safety of assets under new derivative rules.....
Rich Ricci considers investment in new UK exchange
Former Barclays corporate and investment banking chief has held talks about investing in Aquis.....
New City watchdog bares its teeth
The Financial Conduct Authority levied more fines last month than in its first three months of existence combined.....
Buyside staffing levels break through pre-crisis peak
UK asset management headcount has recovered to pre-crisis levels as confidence has returned.....
Horlick's Rockpool in the red
Nicola Horlick's investment firm makes £1.3 million maiden net loss.....
Portuguese bank bond holders face EU rule pain
New rules on state intervention in ailing banks could see investors in Portuguese debt first in the firing line.....
Cyber attacks climb the asset management risk agenda
The number of chief risk officers in the asset management industry who are now focusing on data and cyber security to head off attacks has tripled in the past year.....
Lloyds awaits bids for 250m loan portfolio
State-backed bank puts leveraged loans on the block ahead of its part-flotation.....
European fund liquidations jump by a quarter
More than 500 funds were liquidated by asset managers in the second quarter.....
Kodak agrees to exit bankruptcy
Eastman Kodak gains court approval to come out of bankruptcy as a much smaller digital imaging company......
Greece 'will need another bailout'
Germany's finance minister Wolfgang Schaeuble says for the first time that Greece will need another bailout to plug a forthcoming funding gap......
'Rabbit hutch' style homes face curb
The government is to consider curbing the building of so-called "rabbit hutch" homes - where living space is highly restricted - in England......
Sony names PlayStation 4 sale dates
PlayStation reveals the PS4 will go on sale in North America on 15 November and Europe on 29 November - Microsoft has yet to be as specific......
Only 132 signed up to Green Deal
Eight months after the government launched its flagship Green Deal scheme, figures show that only 132 people have signed up to it......
Curtains firm closure costs 500 jobs
More than 500 jobs are lost with the collapse of a Flintshire-based curtains company after attempts to find a buyer failed......
Male bonuses 'double those of women'
The pay gap between men and women is exacerbated by bonuses given to male managers which are on average double those received by women, says study......
Al Jazeera America launches in US
Al Jazeera America launches to 48 million US households, replacing Current TV, which the Qatar-owned broadcaster acquired in January......
Glencore takes $7.7bn Xstrata hit
Newly-merged mining giant Glencore Xstrata writes down the value of Xstrata's assets by $7.7bn, and reports a drop in half-year revenues......
Best Buy reports surprise recovery
Best Buy reports better-than-expected earnings amid a difficult retail environment that has hurt other US chains JC Penney and Barnes & Noble......
World Cup 2014 tickets go on sale
Tickets for the 2014 World Cup in Brazil go on sale, with fans able to apply on Fifa's website......
Zero-hour contracts 'can pay less'
People on zero-hours contracts are paid six pounds an hour less than other workers, according to a study by a charity......
London Market Report
Mining shares pull the FTSE 100 lower as investors digest the latest set of results from the sector......
Home Depot profits and revenues rise
DIY chain Home Depot's profits and revenues rise in the second quarter of 2013, driven by the US housing recovery......
'Frozen pension' victims urge action
British expatriates whose state pensions never go up say they want Britain suspended from the Commonwealth for discriminating against them......
Wood Group shares fall on forecast
Shares in engineering giant Wood Group fall sharply after the company lowers its engineering division's profit outlook......
Profits up at homebuilder Persimmon
House-builder Persimmon announces a 40% increase in pre-tax profits, which it says is due to mortgage credit becoming more easily available......
Cineworld 'may have to sell cinemas'
Cineworld could have to sell cinemas in three areas after being told the takeover of the Picturehouse chain might lead to higher prices......
Fast in-flight wi-fi by early 2014
Passengers on planes, trains and ships may soon be able to take advantage of high-speed wi-fi connections, says Ofcom......
Bernard Matthews turbine withdrawn
Plans by turkey producer Bernard Matthews to build a wind turbine in Norfolk are withdrawn pending further consultation......
UK 'has lost 40% of bank branches'
Communities across the UK have lost more than 40% of their bank and building society branches since 1989, according to a new report......
Families 'hit as child costs rise'
Families are struggling as the cost of bringing up a child has risen to 148,000, according to research for the Child Poverty Action Group charity......
Kenya and China sign $5bn deals
Kenya signs deals worth $5bn (3bn) with China to build a railway line, an energy project and to improve wildlife protection, officials say......
Indonesia stocks enter bear market
Indonesia stocks continue to drop, entering bear market territory, on concerns of slowing economic growth and a widening current account deficit......
Detroit bankruptcy challenged
Trade unions in Detroit, as well as pensioners and some residents, challenge the city's application for bankruptcy protection from its creditors......
Green to sever ties with Rangers
Charles Green agrees to stand down as a consultant at Rangers and sell his shareholding in the Ibrox club......
High demand for Commonwealth tickets
Glasgow's Commonwealth Games organisers say they are "delighted by the enthusiastic response" to the first day of ticket sales for next year's games......
Fans' group outline Hearts bid plan
Foundation of Hearts plan to use money raised by the Edinburgh business community to purchase the administration-hit club......
VIDEO: Bonuses exacerbate gender pay gap
The pay gap between men and women is exacerbated by bonus payments given to male managers which are on average double those for women, says the Chartered Management Institute (CMI)......
AUDIO: Is 13 too young for Linkedin?
Professional networking site Linkedin is lowering its minimum age to 13 - but is it too young?.....
AUDIO: Is life in Portugal getting easier?
After 18 months of recession, the Portuguese economy has shown signs of recovery. But is life any easier for ordinary people?.....
VIDEO: Metal prices begin to recover
For much of the year the price of copper, steel and aluminium has been falling. However, with the slow recovery of large economies, prices have begun to rise......
VIDEO: Are mortgages really more affordable?
Steph McGovern examines a recent claim that mortgages are the most affordable they have been in 14 years......
VIDEO: India to launch cheap food scheme
The Indian government is to launch a programme to provide subsidised food to two thirds of the population - nearly 800 million people. The BBC hears views from the streets of Delhi......
VIDEO: Labour: 'Any old job won't do'
Shadow Business Secretary, Chuka Umunna has told the BBC that zero hours contracts are 'abuse' ahead of a Labour summit on the issue......
VIDEO: Vietnam growth slows down
Vietnam seemed poised to become the 'next big thing'. But growth is now faltering as Linda Yueh reports......
Grounds for change over football stadiums
Football fans seek to protect their stadiums.....
The tech to free your inner shopaholic
Tech to make going shopping as painless as going online.....
Rory goes troll hunting in the US
Rory travels to the US to meet a "patent troll".....
UK tourists bring Portugal economic sunshine
How UK tourists are helping boost Portugal's recovery.....
Dimon under siege
Aug. 20 - Legal woes continue to rise for JPMorgan Chase and its CEO Jamie Dimon including allegations of energy manipulation and bribery in China. Conway G. Gittens reports......
Fundentals don't back up Best Buy stock price- Morningstar's Hottovy
Best Buy stock is overvalued according to Morningstar's R.J.Hottovy, who says the company doesn't have any inherent cost advantages over competitors like Amazon and Wal-Mart. Bobbi Rebell reports......
"Golden Rice" galvanises both sides of Philippines food fight
Aug. 20 - The long-running debate over genetically modified rice in the Philippines has intensified, with farmers and environmentalists pitted against scientists over so-called "Golden Rice". The issue is now back in the headlines as both sides prepa.....
Breakingviews: Falcone mea culpa
Aug. 20 - Rob Cox and Breakingviews editors discuss hedge fund manager Philip Falcones SEC settlement and the rare admission of wrongdoing......
Brewery keeps name after Red Bull dispute
Aug. 20 - Small British craft brewery Redwell Brewing is looking forward to a bright future after settling a legal dispute with the makers of the energy drink Red Bull. The Austrian firm had told Redwell their name was too similar. The brewery receiv.....
Europe Day Ahead: Jitters ahead of Fed Minutes
Aug. 20 - The most anticipated event of the week comes from the US, and will have huge repercussions around the financial world. The minutes could offer fresh hints on when the Fed will begin to wind-down its $85 bn per month support for the economy......
Glencore and BHP reveal profit slide
Aug. 20 - Top global miner BHP Billiton has missed forecasts with a 15 percent fall in half-year profit, while competitor Glencore Xstrata posted a 9 percent drop in core profit as it wrote down $7.7 billion in assets inherited from Xstrata. Ciara Su.....
Market Pulse: Norway, Asia, Aussie: slammed and slammed hard
Aug. 20 - A volatile day in FX - Norway's crown, the Aussie and emerging Asia all fall sharply, while the euro hits a 2-month high. Neal Kimberley makes sense of it all. Plus miners down, German property up......
Breakingviews: Big miners, small changes
Aug. 20 - Trader Glencore and low-cost producer BHP Billiton are on opposite sides of the mining spectrum. Both are girding for a long, slow period with writedowns and leaner investments, says Breakingviews......
Emerging Asia may be tarred with struggling India's brush
India's currency free-fall is set to spook investors in other emerging Asian markets, creating a buying opportunity in a region where many economies remain in rude health, says Asianomics' Jim Walker......
FACTBOX: Will China Mobile deal widen Apple's wedge?
Aug. 20 - Apple is losing market share to cheaper rivals in China. But a tie-up with top carrier China Mobile seems to be getting closer, and could quickly alter the country's billion-strong playing field......
Chinese netizens rally against Bo Xilai...or do they?
' Anita Li looks at what social media users - or is that the censors? - have to say about the politically charged event......
Reuters Today: Stocks' summertime blues - a lull, not a rout
Aug. 20 - Stocks slide again and news from mining giants today adds to the gloom. But this is just a lull, not a rout, says Hargreaves Lansdowns Richard Hunter. Plus, Muslim Brotherhood's leader is arrested......
U.S. Morning Call:Best Buy & J.C. Penney rally after results
Aug 20 - In an upside down morning, retailer Best Buy posted a higher quarterly profit as lower costs offset weak sales, and J.C. Penney shares are up after encouraging back-to-school guidance......
Wall Street sees first 4-day fall of 2013
Aug. 19 - Summary: Stocks fail to find footing in four-day slide; Intel rallies on 2014 sales hope; Zillow buys StreetEasy, shares fall on stock offering; JPMorgan under new pressure from regulators; Saks adds to mediocre retail summer. Conway G. Git.....
U.S. Day Ahead: JC Penney turn-around?; Best Buy is back
Aug 19 - Investors want to find out if JC Penney has a plan to turn-around its dismal earnings; A stealth rally in Best Buy stock gives new life to the electronics retailer......
3 reasons to worry about the bull market
Aug 19 - After the Dow's worst week in more than a year- a look at the key worries for the U.S. stock market. Bobbi Rebell reports......
We have seen the peak for this year- BMO's Brian Belski
BMO Chief Investment Strategist Brian Belski explains why he believes stocks have hit their peak for the year. Bobbi Rebell reports......
Techquity: Friends for Facebook, Intel plus golden Apple?
Aug 19 - Facebook and Intel receive positive comments from analysts while Apple will reportedly make a golden change with the new iPhone......
Breakingviews: Hiring the children of the elite
Aug 19 - The SEC is looking into JPMorgan's recruitment practices in China. Rob Cox and Breakingviews editors discuss whether the probe is a stretch of the law and the regulator's powers......
Zillow buys StreetEasy for $50 million
Aug. 19 - Zillow's purchase of StreetEasy could give it the lead in providing web-based information in New York City, the U.S.' largest real estate market. Fred Katayama reports......
Trading at Noon: Herbalife shares lose zest
Aug 19 - The stock that pitted billionaire Bill Ackman against rivals such as Carl Icahn and George Soros, is feeling a little sickly......
Facial recognition brings new look to shopping
Aug. 19 - Scrambling for credit cards or mobile phones at the checkout counter could become a thing of the past as a Finnish company readies to launch the world's first face recognition payment system. Tara Cleary reports......
Europe Day Ahead: Nickel costs Glencore a lot of nickels
Aug. 19 - Glencore Xstrata looks set for a $7 billion writedown as nickel prices tumble, and copper is the worry for BHP Billiton, but fears of a Suez canal shutdown could be overblown......
U.S. Morning Call: Zillow expands its turf; buys StreetEasy
Aug 19 - Zillow is set to acquire New York's leading real estate website StreetEasy in a deal worth $50M......
Television exec Dawn Airey gets Yahoo! Europe job
Former Channel 5, ITV and BSkyB executive Dawn Airey has been appointed to Yahoo!'s top job in Europe.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302b1e5a/sc/21/mf.gif' border='0'/><br clear='all'/>&.....
Ivan Glasenberg has positioned Glencore well for an upturn in commodities
Investors will be pleased by the savings chief executive can make from Glencore Xstarata tie-up.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302f384d/sc/2/mf.gif' border='0'/><br clear='all'/><div .....
Kate Bostock heads to Coast
Kate Bostock, the former head of clothing at Marks & Spencer, is returning to the high street as the new chief executive of Coast after a brief spell at online fashion retailer Asos.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
HMV pension fund among creditors set to lose 250m
The HMV pension fund is among a collection of creditors set to lose more than 250m after the collapse of the entertainment retailer into administration earlier this year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568.....
Greece needs third bail-out, admits German finance minister
Wolfgang Schaeuble, Germany's finance minister, has made an unexpected admission that Greece will need a third bail-out, just weeks before German national elections.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s.....
BAE hunts new US chief after 'surprise' retirement
Linda Hudson, the BAE Systems US chief who became the first woman to head a big American defence business, has surprised analysts with the news that she will be retiring early next year.<img width='1' height='1' src='http://telegraph.feedsportal.c.....
Tech minnow Buddi wins criminal tagging contract
Buddi, the mobile alarm and tagging technology minnow, has won part of a Ministry of Justice contract worth hundreds of millions of pounds to tag offenders.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302e39b2.....
Asda drops Saatchi & Saatchi as advertising agency
Supermarket retailer Asda has dropped Saatchi & Saatchi as its advertising agency in a signal the company is preparing to rethink its price-led marketing focus.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/.....
Business news and markets: as it happened, August 20, 2013
Wolfgang Schaeuble, the German finance minister, has said Greece will need a third bailout package in order to stay afloat.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302e39b4/sc/25/mf.gif' border='0'/><.....
Glencore's Ivan Glasenberg defends Xstrata deal
Ivan Glasenberg, the billionaire trader-turned-CEO of Glencore Xstrata, has just written $7.7bn off the value of Xstrata's mining assets. Did he make a mistake?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302e.....
Business news and markets: live
Wolfgang Schaeuble, the German finance minister, has said Greece will need a third bailout package in order to stay afloat.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/30287f8b/sc/24/mf.gif' border='0'/><.....
Resurrecting the TSB would be fine if it were to be truly a savings bank
On September 9, the Trustee Savings Bank is coming back. But wouldn't it be better if it were truly a "savings bank"?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302e0d92/sc/25/mf.gif' border='0'/><br cl.....
Detroit union attacks city's bankruptcy as 'unconsitutional'
Detroit's pension funds and trade unions have filed objections to the city's bankruptcy.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302e0aa5/sc/42/mf.gif' border='0'/><br clear='all'/><div class='.....
Bank intern who died after 'working for 72 hours' felt pressure to excel
An intern who died after allegedly working for 72 hours straight at a leading City bank had admitted he felt "pressurised" to succeed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302e0aab/sc/7/mf.gif' border='.....
Bank intern who died after "working for 72 hours" felt pressure to excel
An intern who died after allegedly working for 72 hours straight at a leading City bank had admitted that he felt "pressurised" to succeed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302d17f4/sc/7/mf.gif' bor.....
German brewers in decades-long price fixing scandal
Major German brewers have allegedly been fixing beer prices for 20 years, documents from a government investigation have revealed.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302d17f9/sc/30/mf.gif' border='0'/.....
Wood Group shares plunge after guidance cut
Oil services company John Wood Group warned that profits in its engineering business would grow slower than expected this year, sending its shares plunging 9pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302d.....
FTSE 100 falls to six-week low after Asia sell-off
The FTSE 100 fell to a six-week low on Tuesday, after Asian shares continued to slump amid concerns about the impact of an expected cut in US stimulus.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302d5439/sc/2.....
Biggest miner BHP gives potash $2.6bn vote of confidence
BHP Billiton, the world's biggest mining company, cast a vote of confidence in the fertiliser potash as the commodity of the future as it pledged to invest $2.6bn (1.7bn) in what would be the world's biggest mine of the material.<img width='1' hei.....
Indian central bank intervenes on rupee
India's central bank appears to have stepped in to support the country's flailing currency, which hit a fresh record low on Tuesday.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302d546b/sc/2/mf.gif' border='0'.....
Return of the interest-only mortgage
Confidence in the rebounding property market is so high that a high street bank is offering controversial interest-only mortgages through its branches.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302c0258/sc/2.....
Cineworld's Picturehouse deal 'may raise prices' in three towns
Cineworld could be forced to sell three of its complexes after the Competition Commission found that its dominance in three towns could push prices up.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302c0259/sc/3.....
Monthly mortgage lending highest since 2008
Sharp lending increase in July sends "sales soaring and house prices to record highs".<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/302b2c8e/sc/22/mf.gif' border='0'/><br clear='all'/><div class='mf.....
Cancer patient wins battle for payout after failing to declare headache
A dying woman whose life insurance claim was refused because she failed to disclose unrelated GP visits several years earlier has won her battle with an insurance company.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....
BHP gives potash $2.6bn vote of confidence
BHP Billiton has announced a $2.6bn (1.7bn) investment to finish digging shafts and installing infrastructure for the Jansen potash project in Canada over the next four years, set to be the world's biggest when completed.<img width='1' height='1' .....
