Guaranteed bonuses accounted for about 5% of the bonuses paid out for 2009 at 37 leading financial companies surveyed by the Institute of International Finance ...

LONDON (Reuters) - Banks said they need to be more open about the size of their bonus pools and the methodology for paying star bankers, after making progress in other areas of ref ...

NEW YORK (Reuters) - Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion (1.55 billion pounds), as rival Dell Inc bowed out on Thursday. ...

NEW YORK (Reuters) - The private equity backers of oil firm Kosmos Energy are considering taking it public in either the U.K. or U.S., which could value the company at around $5 bi ...

The BBC was forced to defend its neutrality after its director general met with senior aides to David Cameron to discuss its political coverage ...

Alcohol consumption has fallen faster than ever, figures from the British Beer and Pub Association suggest. ...

Carluccio's, the Italian-themed restaurant operator, has agreed to a £90.3m takeover by a Middle Eastern retail group that could net Richard Caring, its biggest shareholder an ...

The chief executive of DSGi, owner of the Currys and PC World retail chains, has seen "no impact" from the launch of Best Buy in the UK. ...

The European Central Bank has extended its liquidity safety net for vulnerable eurozone banks into next year, delaying the end of its crisis measures and urging caution over the ec ...

An insurance broker was banned for using clients' cash to pay himself bonuses and buy a luxury car. ...

Global regulators, seeking to avoid an effective German veto of proposed new rules for banks' balance sheets, are expected to reach a deal next week in a dispute over the definitio ...

Freakish weather conditions and soaring demand from China, Brazil and other fast-emerging economies have pushed meat prices around the world to a 20-year high. ...

The liabilities faced by defined benefit pension schemes soared to a record high during August as market conditions continued to deteriorate, according to Aon Consulting. ...

British businesses have been slow to spend their way out of the recession, leaving the UK lagging behind other economies, according to a report by KPMG. ...

Signs of a recovery in the job market came too late to prevent an 80 per cent drop in annual profits at Hays, the recruitment group. ...

When big companies try to get down with the kids and tackle the yoof market, you know you're in for trouble. When they try to do it with rap music, disaster is sure to follow. The ...

The Federal Reserve was powerless to stop the collapse of Lehman Brothers in 2008, the central bank's chairman said yesterday, but he was too scared to say so in public at the time ...

House prices are "stagnating" and seem likely to fall over the next few months, according to the Nationwide building society. ...

Royal Bank of Scotland is axing a further 3,500 jobs in the UK, taking the number of cuts since it was bailed out and nationalised in 2008 to almost 27,000 worldwide. ...

Never heard of him. Or it ...

Investors are bracing themselves for another grim snapshot of the US labour market today, when the government is expected to confirm that unemployment is again on the rise. ...

Leading UK and continental European companies eschewing banks from Spain, Italy and even Germany because they do not believe the Europe-wide assessments gave a true picture of thei ...

Pop does intuitively what brand managers work years to learn

The European Union agrees to reform financial supervision, with new agencies to oversee banks, insurers and financial markets. ...

Wrestling stars are muscling their way into cinema multiplexes

BRUSSELS (Reuters) - European Union finance ministers are unlikely to decide anytime soon to cut the number of European seats at the Executive Board of the International Monetary F ...

A former Labour minister is one of at least 10 MPs who suspect they were targeted by reporters looking to hack into their telephone messages ...

NEW YORK (Reuters) - Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion (1.55 billion pounds), as rival Dell Inc bowed out on Thursday. ...

WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes rebounded unexpectedly in July and new claims for jobless benefits fell last week, helping quell fears the econo ...

NEW YORK (Reuters) - Up to five JPMorgan proprietary metals traders in London left the company this week, including former Sempra trader Tim Jones, industry sources said on Thursd ...

The singer and campaigner for aid to the continent is seeking to raise money from institutional investors for a private equity venture on the continent ...

Former RBS chief failed at some basic tasks

Sony boss Howard Stringer is forecasting a rosy future for 3D gadgets, but there could be one drawback"The 3D train is moving forward, speedily and steadily," says Sony chief execu ...

Russia announced a 12-month extension of its grain export ban, raising fears about a return to the food shortages and riots of 2007-08 which spread through developing countries dep ...

Warning given over British banks moving their headquarters abroad if UK government-appointed Commission on Banking were to decide that big groups should be broken up ...

Jeremy Grantham's theory that quality shares are undervalued ought to be taken seriouslyJeremy Grantham, the celebrated fund manager at the US investment house GMO, coined a neat p ...

Big names in the electronics world are threatening to bring 3D to a TV near you ...

Israeli and Palestinian leaders pledged to achieve a

Foreign companies are losing market share in China across a broad range of industries because of discriminatory treatment by the government and regulators, according to the Europea ...

Saskatchewan government will not support takeover of fertiliser company by any sovereign wealth fundPotash Corp of Saskatchewan's best hope of escaping BHP Billiton's $39bn (£ ...

Federal Reserve chairman says central bank did not have the power to lend taxpayers' money to LehmanThe US Federal Reserve chairman, Ben Bernanke, bluntly declared today that it wo ...

Spanish executive calls board meeting in Mercedes after sons lock her out of Galletas Gullón HQIt was a strange way to wrest back control of the 100-year-old family company but, af ...

DUBLIN (Reuters) - Irish budget data for the first eight months of 2010 published on Thursday showed commentary suggesting Ireland was in "fiscal jeopardy" was wrong, Finance Minis ...

An oil platform 80 miles offshore in the Gulf of Mexico exploded on Thursday, sparking a rapid search and rescue helicopter response that recovered 13 people, the US Coast Guard sa ...

Borrowers and investors alike turn to high-yield debt to escape tight bank lending conditions and erratic stock marketThe junk bond market is likely to beat all records this year, ...

European shares failed to keep the optimism that fuelled Wednesday's rally, and stayed subdued ahead of more economic data from the US.The FTSE 100 Index barely added 4 points to 5 ...

LONDON (Reuters) - Pension obligations of British companies have grown to "unprecedented" levels due to falling yields on government bonds, consultancy Aon warned on Thursday. ...

LONDON (Reuters) - A sweetened private equity takeover proposal worth almost 250 million pounds has won over Spice Plc , Britain's biggest supplier of water meters. ...

Reducing funding for household generation of renewable energy will jeopardise job creation and energy security, Huhne is toldA coalition of green, countryside and housing groups ha ...

Explosion off Louisiana raises pollution fears after BP oil spill, but coastguard say damaged rig is not in productionAnother oil rig in the Gulf of Mexico suffered an explosion to ...

LONDON (Reuters) - The top share index closed a touch higher on Thursday after a lacklustre day of trading following a powerful advance the day before, with investors keeping their ...

Artists Without a Label, started by two musicians formerly signed to Polydor, are tackling the murky issue of digital royalty payments

An explosion has torn through an offshore oil rig in the Gulf of Mexico, west of the site of the oil rig blast in April that caused a huge oil spill. ...

Burger King, the No. 2 US fast-food chain, agreed to sell itself to investment firm 3G Capital for about $3.26bn in a deal analysts said would give the restaurant breathing room to ...

Hewlett-Packard appeared to have won the bidding battle for data storage technology company 3Par after Dell said on Thursday it would not raise its offer and was ending talks ...

Ben Bernanke, Federal Reserve chairman, admitted that he was not

Russia will consider lifting its grain export ban only after the next year's harvest has been reaped, Vladimir Putin says. ...

Hewlett Packard yet again increases its offer to win data storage company 3Par ahead of rival Dell computing. ...

Thousands of Tube workers will strike next week as talks between London Underground bosses and two unions break down. ...