Bank of England increases lenders' risk buffers, but less than expected

RSS icon03:23pm 31 October 2014

LONDON (Reuters) - The Bank of England told British banks on Friday they will be required to hold more capital to guard against the risks of bad loans, but the new measures were less stringent than...

Banks lead FTSE higher after Japanese stimulus boost

RSS icon03:13pm 31 October 2014

LONDON (Reuters) - Britain's top equity index surged on Friday, as unexpected monetary stimulus measures in Japan boosted appetite for stocks around the world.


...

Without a plan, junk status looms for Tesco - Moody's

RSS icon03:01pm 31 October 2014

LONDON (Reuters) - Tesco could see its debt downgraded to "junk" status unless it outlines plans to cut borrowing and improve trading, rating agency Moody's said, raising the prospect of higher...

ABI: motor insurance costs continue to fall

RSS icon03:00pm 31 October 2014

The cost of comprehensive motor insurance fell to £356 in the third quarter of this year, down £2 on the second quarter, according to the Association of British Insurers.

Exclusive: Morgan Stanley commodities staff spooked by CEO comment

RSS icon02:31pm 31 October 2014

NEW YORK (Reuters) - During Morgan Stanley's public earnings call earlier this month, Chief Executive James Gorman made a remark that hit his commodities staff like a bombshell: the bank plans to...

Exclusive: Morgan Stanley commodities staff spooked by CEO comment

RSS icon02:30pm 31 October 2014

NEW YORK (Reuters) - During Morgan Stanley's public earnings call earlier this month, Chief Executive James Gorman made a remark that hit his commodities staff like a bombshell: the bank plans to...

Government to 'retire' some WW1 debt

RSS icon02:00pm 31 October 2014

The UK Government has said that it will 'retire' £218m of the UK's £2bn First World War debt by refinancing bonds originally issued by Winston Churchill.

Government to 'retire' some WW1 debt

RSS icon02:00pm 31 October 2014

The UK Government has said that it will 'retire' £218m of the UK's £2bn First World War debt by refinancing bonds originally issued by Winston Churchill.

Banks boost FX settlement war chest to as much as $6.5 billion

RSS icon01:54pm 31 October 2014

LONDON (Reuters) - Major U.S. and European investment banks this month boosted to as much as $6.5 billion their collective war chest for settling with global regulators who are investigating...

Exxon, Chevron results boosted by refining as oil prices slip

RSS icon01:45pm 31 October 2014

(Reuters) - A surge in refining profits boosted quarterly results at Exxon Mobil Corp and Chevron Corp , helping to offset declining oil and gas production and falling crude oil prices....

Gold prices drop to four-year low

RSS icon01:45pm 31 October 2014

Strong dollar and prospect of interest rate rise push prices down

VIDEO: Can Indian consumers shop for less?

RSS icon01:27pm 31 October 2014

The BBC's Yogita Limaye asks if ordinary people are witnessing a real change in the cost of living due to slowing inflation.

VIDEO: Can Indian consumers shop for less?

RSS icon01:27pm 31 October 2014

The BBC's Yogita Limaye asks if ordinary people are witnessing a real change in the cost of living due to slowing inflation.

VIDEO: Is data the next frontier in Africa?

RSS icon01:24pm 31 October 2014

With the vast majority of people choosing mobile phones over fixed lines, is data the next logical focus for Africa's telecommunications business?

VIDEO: Is data the next frontier in Africa?

RSS icon01:24pm 31 October 2014

With the vast majority of people choosing mobile phones over fixed lines, is data the next logical focus for Africa's telecommunications business?

VIDEO: Zimbabwe's crocodile farms

RSS icon01:23pm 31 October 2014

Crocodile farming in Zimbabwe is an expensive, niche business, as the BBC's Brian Hungwe finds out.

VIDEO: Zimbabwe's crocodile farms

RSS icon01:23pm 31 October 2014

Crocodile farming in Zimbabwe is an expensive, niche business, as the BBC's Brian Hungwe finds out.

U.S. consumer spending falters; wage gains highest since 2008

RSS icon01:23pm 31 October 2014

WASHINGTON (Reuters) - U.S. consumer spending fell for the first time in eight months in September, suggesting the economy lost some momentum heading into the fourth quarter.

...

Global tax rules 'need tightening'

RSS icon01:09pm 31 October 2014

Global tax rules 'need tightening'

Global tax rules 'need tightening'

RSS icon01:09pm 31 October 2014

Global tax rules 'need tightening'

Hungary scraps controversial web tax

RSS icon12:57pm 31 October 2014

Hungary shelves a proposed tax on internet data traffic after tens of thousands of Hungarians marched against it.

Hungary scraps controversial web tax

RSS icon12:57pm 31 October 2014

Hungary shelves a proposed tax on internet data traffic after tens of thousands of Hungarians marched against it.

Chevron quarterly profit jumps 13 percent

RSS icon12:49pm 31 October 2014

(Reuters) - Chevron Corp said on Friday its quarterly profit rose 13 percent as lower crude oil prices boosted its refinery operations, helping to offset sagging results in its oil and gas production...

The metal detectors saving marriages

RSS icon12:41pm 31 October 2014

The metal detectorists saving marriages

The metal detectors saving marriages

RSS icon12:41pm 31 October 2014

The metal detectorists saving marriages

Exxon quarterly profit rises three percent on refining

RSS icon12:40pm 31 October 2014

(Reuters) - Exxon Mobil Corp , the world's largest publicly traded oil company, on Friday reported a 3 percent increase in quarterly profit on higher results in its refining and chemicals businesses...

Russia raises interest rates to 9.5%

RSS icon12:32pm 31 October 2014

Central bank acts to steady the weakening rouble amid geopolitical isolation

RBS takes 400 million pound forex hit and warns more to come

RSS icon12:30pm 31 October 2014

LONDON (Reuters) - State-backed Royal Bank of Scotland has set aside 400 million pounds ($640 million) to cover potential fines for manipulating currency markets and warned further charges for past...

Yen near 7-year low after BoJ eases

RSS icon12:19pm 31 October 2014

Hawkishness at the Fed underpins dollar gains this week

Eurozone inflation edges up to 0.4%

RSS icon12:16pm 31 October 2014

Inflation in the eurozone rose slightly in October, giving some hope that the spectre of deflation can be staved off.