Breaking Finance news

The digital entertainment company made its most serious bid yet for the internet-connected television market, slashing the price and size of its AppleTV product by more than half

Dick Fuld, the former chief executive of Lehman Brothers, squared off against Federal Reserve officials and his former peers on Thursday as he argued that his investment bank could and should have been saved

The US president declared that ‘the hard work is only beginning’ after he held one-on-one meetings with the Israeli and Palestinian leaders, as his administration embarked on its most concerted effort yet at brokering peace in the region

Global meat prices have hit a 20-year high as robust demand from emerging countries has coincided with a drop in production

The drinks group is working with other FTSE 100 companies on a system to change how the City understands ‘consensus estimates’ for financial performance

The former chancellor admitted that Britain’s levy on bonuses had failed to change banking behaviour over pay, as ‘imaginative’ financiers devised ways to avoid it

Blair and Brown may now have left the stage, but the argument between them has not been resolved, and whoever wins the party leadership cannot avoid it

William Hague issued a statement on Wednesday afternoon rejecting rumours about his sexuality as a special adviser resigned over “untrue and malicious” allegations about the two men

Tony Blair claims Gordon Brown lost the election because he abandoned New Labour and lost the support of business, in memoirs that give an implicit endorsement of David Miliband as the party’s future leader

Traders have decided a fresh month deserves a sunny disposition, as positive data out of China provides risk assets with a good start to September

The UK is to introduce one of the world’s most ambitious attempts to police online marketing next year, when the Advertising Standards Authority extends its regime to corporate websites, social networks and mobile applications

President Barack Obama declared it was ’time to turn the page’ on disagreements over the war in Iraq, as he marked the end of the US's combat mission and attempted to chalk up a success

JPMorgan Chase is to close the commodity unit that trades with the bank’s own money as Wall Street moves to comply with new US financial services rules banning proprietary trading

The Securities and Exchange Commission warned credit rating agencies that it now had the authority to bring fraud cases over conduct outside the US that has ‘foresee­able effects’ in the country

Currency trading has surged to record levels in 2010 as banks have become increasingly interested in foreign exchange in their search for less risky sources of profits

Maker of ball-tracking systems to the world’s leading tennis tournaments and international cricket tests could have valuation of up to £20m

Investors who put up the early ‘seed’ capital for technology start-ups in the US have come up with a novel idea for how to value businesses that in most cases have not started trading: put the issue off until later

The hostilities between PotashCorp and its suitor BHP Billiton escalated when the Canadian fertiliser producer accused the multinational miner of “highly unethical” behaviour

A sense that fiscal and monetary authorities are bumbling their lines in the face of a dangerous plot twist for the global economy is gripping markets, pushing traders back into havens such as core government bonds and the yen

More than half the big initial public offerings in Europe this year are trading below their issue price