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Finance News
G8 splits over stimulus versus austerity
Merkel resists efforts by other G8 leaders to push eurozone to do more to stimulate growth
Categories: Finance News
Bomb explodes outside Italian school
Stunned Italians see parallels with the events of 20 years ago when the mafia responded to a crackdown with bombing attacks
Categories: Finance News
Chinese activist flies to the US
Departure of Chen and his family brings to an end the worst diplomatic spat between Beijing and Washington in over a decade
Categories: Finance News
Pawnbrokers attracting new custom
Offering shoes and handbags as security for a loan
Categories: Finance News
Murdoch quashes talk of UK paper spin-off
News Corp’s chief has moved to quash talk about selling its tainted UK newspaper business, saying publishing would remain ‘a core component’
Categories: Finance News
Hollande holds line on tax and troops
French president tells UK’s Cameron he will not reverse pre-election pledges on financial transaction levy and Afghan withdrawal
Categories: Finance News
Faltering start for the new Facebook
Glitches delayed the opening of trading and underwriters had to intervene to prevent the group’s shares falling below the $38 price set on Thursday
Categories: Finance News
Pubs face Olympian beer challenge
Games organisers consider ensuring a steady flow of draught to be one of the biggest logistical tests posed by the Olympics this summer
Categories: Finance News
Briton to head development bank
Sir Suma Chakrabarti will be the first non French or German president of the European Bank for Reconstruction and Development
Categories: Finance News
Spain’s pain becomes Europe’s big fear
Fears about contagion from Greece and worries about the health of Spanish banks have shifted the focus of the crisis from Athens to Madrid
Categories: Finance News
Boy wonder comes of age on Wall Street
The creator of the most visited website on the internet has gone from dorm room prankster to admired chief executive, says April Dembosky
Categories: Finance News
Banking: Back to the wall
JPMorgan Chase’s $2bn loss tarnishes the reputation of chief executive Jamie Dimon as a hawk-eyed risk manager prepared to confront regulators
Categories: Finance News
China linked to ‘economic espionage’
The Pentagon report says the country will continue to be an ‘aggressive and capable’ collector of sensitive US technological information
Categories: Finance News
Obama ground forces braced for air war
President’s team says massive grassroots campaign will be needed to withstand bombardment of negative attack ads from Romney and super-Pacs
Categories: Finance News
G8 leaders urged to focus talks on growth
Barack Obama says the summit of the world’s leading economies will focus on ways to promote growth in Europe and backed fiscal consolidation efforts
Categories: Finance News
Eurozone equities panic sale warning
Private clients warned not to ditch equities in the face of deepening euro crisis.
Categories: Finance News
PepsiCo chief faces activist pressure
Questions rose this week about Indra Nooyi’s determination to stick to a strategy that keeps the US drinks and snacks group as a single entity
Categories: Finance News
Hotels trial finds room for Blair and Bono
McKillen tells court of meetings with former Labour prime minister as suit against the Barclay brothers enters its final phase
Categories: Finance News
Global equities extend losing streak
Growth assets shunned as investors fret about the future of the eurozone and the global economy, sending yields on German Bunds to record lows
Categories: Finance News
Spain hit by rise in bad bank loans
Value of bad loans held by banking sector increased a third during the past year to €148bn and accounted for 8.4% of their entire loan portfolios
Categories: Finance News
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