OpCapita to get £70m from Comet collapse
11:58pm 11 October 2013
Revelation could once again turn spotlight on buyout firm’s founder Henry Jackson after he had become target of cricitism during UK group’s failure
Traders tap Twitter for top stock tips
11:31pm 11 October 2013
Investors and traders try to devise ways to filter market-moving and significant information from microblogging website’s 500m tweets a day
Traders tap Twitter for top stock tips
11:31pm 11 October 2013
Investors and traders try to devise ways to filter market-moving and significant information from microblogging website’s 500m tweets a day
Bank of Canada's Poloz says growth has disappointed
11:28pm 11 October 2013
WASHINGTON (Reuters) - Canada's economic growth has disappointed so far, Bank of Canada Governor Stephen Poloz said on Friday, and he acknowledged his upbeat-sounding speech last month had caused...
Fed defends ongoing stimulus, admits communications blips
11:19pm 11 October 2013
WASHINGTON/NEW YORK (Reuters) - Top Federal Reserve officials said on Friday their decision not to reduce the pace of stimulus was wise given the crippling U.S. government shutdown, while admitting...
BAE says no plans to challenge decision on F-35 helmet
11:18pm 11 October 2013
WASHINGTON (Reuters) - Britain's BAE Systems Plc said on Friday it had no plans to challenge a decision by the Pentagon to halt work on an alternate pilot helmet the company was developing for the...
Analysis - Boeing's JAL loss may bring work back to the U.S.
10:51pm 11 October 2013
NEW YORK/TOKYO (Reuters) - Boeing Co's loss of a major Japanese airplane order to rival Airbus this week may produce a surprise U.S. benefit - bringing aerospace work home to U.S. companies....
Exclusive - NY regulator presses European banks about hidden assets
10:27pm 11 October 2013
NEW YORK (Reuters) - New York's state banking regulator has stepped up pressure on four European banks, ordering them to hand over details of their transactions with a Jordanian bank and documents...
Warning after water firm's collapse
10:08pm 11 October 2013
Homes and businesses have been left owing millions of pounds to water firms after signing up with a bill management company that has now ceased trading.
Warning after water firm's collapse
10:08pm 11 October 2013
Homes and businesses have been left owing millions of pounds to water firms after signing up with a bill management company that has now ceased trading.
VIDEO: McAfee: Addict, coder, runaway
10:00pm 11 October 2013
The software genius with the playboy image, John McAfee, speaks to Leo Kelion about his life and why he fled from the police in Belize.
JPMorgan posts first loss since 2004, a blow to Dimon
09:47pm 11 October 2013
(Reuters) - Jamie Dimon, JPMorgan Chase & Co Inc's hard-charging chief executive, looked a bit more vulnerable on Friday after the bank took a $7.2 billion (4.5 billion pounds) hit from...
Wonga defends Swiss unit transfers
09:14pm 11 October 2013
Online payday loans company says it pays full tax in UK amid scrutiny of reports it transferred trademarked software and brand names to a Swiss arm
Alitalia investors agree cash call to keep stricken airline flying
09:09pm 11 October 2013
ROME (Reuters) - Italy's near-bankrupt Alitalia was thrown a lifeline on Friday when its board members - including cautious top shareholder Air France-KLM - approved a capital increase as part of a...
UK to give budget update, fiscal forecasts on December 4 - Osborne
08:49pm 11 October 2013
WASHINGTON (Reuters) - The government will release a budget update and new fiscal forecasts on December 4 and the focus will remain on reducing the country's deficit, Chancellor George Osborne said...
Cadillac plug-in set for January debut, in more direct battle with Tesla
08:42pm 11 October 2013
DETROIT (Reuters) - General Motors Co will go head to head with electric car maker Tesla Motors Inc starting in January, when a plug-in version of its luxury Cadillac brand will go on sale....
Debt-ceiling battle may overshadow earnings
08:35pm 11 October 2013
NEW YORK (Reuters) - U.S. stock investors, hoping to leave politics aside to focus on fundamentals, aren't going to get their wish yet as lawmakers battle over raising the debt ceiling....
Alitalia rescued by financing deal
08:25pm 11 October 2013
The board of Alitalia has approved a rescue package including a big contribution from the Italian postal service.
Alitalia rescued by financing deal
08:25pm 11 October 2013
The board of Alitalia has approved a rescue package including a big contribution from the Italian postal service.
Frustrated shareholders lash out at Chile's scandal-hit SQM
08:13pm 11 October 2013
SANTIAGO (Reuters) - Angry minority shareholders in two of the companies linked to SQM, the Chilean fertilizer group rocked by a trading scandal, accused the board of a lack of transparency as they...
IMF Asia chief bullish on Japan, China reform plans
08:11pm 11 October 2013
WASHINGTON (Reuters) - The International Monetary Fund's top official for Asia gave a thumbs up to reforms on the drawing board in Japan and China, welcoming changes to revitalize Asia's two biggest...
Wells Fargo profit rises but investors worry about growth
08:07pm 11 October 2013
(Reuters) - Profit at Wells Fargo & Co rose by a better-than-expected 13 percent in the third quarter, as the largest U.S. mortgage lender made up for a decline in that business by releasing a...
Bank of Canada's Poloz says growth has disappointed
07:58pm 11 October 2013
WASHINGTON (Reuters) - Bank of Canada Governor Stephen Poloz said on Friday economic growth in the country has disappointed so far and countered speculation by some market players that he was more...
EU's Rehn - Spain, Ireland may not need precautionary credit to exit bailouts
07:51pm 11 October 2013
WASHINGTON (Reuters) - The European Commission is in discussions with Spain and Ireland on how to ensure a smooth exit from their bailouts in the next months, but both may succeed without any special...
Wells Fargo record profit belies mortgage slump
07:45pm 11 October 2013
Net income at biggest originator of US home loans rises 13% as lender offsets slump in mortgage business by releasing loan loss reserves
At least seven potentially bidding for Versace stake - sources
07:39pm 11 October 2013
MILAN (Reuters) - At least seven potential buyers are in the running to bid for a minority holding in Italian fashion house Versace, which plans to sell a 15-20 percent stake to fund growth, sources...