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Updated: 12 hours 15 min ago

Investors seek to forget dire August

Wed, 01/09/2010 - 08:20
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
Categories: Finance

UK to launch ‘comprehensive’ policing of online advertising

Wed, 01/09/2010 - 07:32
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
Categories: Finance

Obama marks end of US combat in Iraq

Wed, 01/09/2010 - 02:09
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
Categories: Finance

JPMorgan to close ‘prop’ trading division

Wed, 01/09/2010 - 01:05
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
Categories: Finance

SEC drops probe into Moody’s

Wed, 01/09/2010 - 00:39
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
Categories: Finance

Banks’ shift pushes FX trading to $4,000bn a day

Wed, 01/09/2010 - 00:04
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
Categories: Finance

Hawk-Eye ball-tracker developer put up for sale

Tue, 31/08/2010 - 22:43
Maker of ball-tracking systems to the world’s leading tennis tournaments and international cricket tests could have valuation of up to £20m
Categories: Finance

Tech ‘seed’ investors kick valuations into long grass

Tue, 31/08/2010 - 22:33
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
Categories: Finance

PotashCorp calls BHP’s behaviour 'unethical'

Tue, 31/08/2010 - 20:31
The hostilities between PotashCorp and its suitor BHP Billiton escalated when the Canadian fertiliser producer accused the multinational miner of “highly unethical” behaviour
Categories: Finance

Lack of faith in policymakers hits risk

Tue, 31/08/2010 - 08:33
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
Categories: Finance

Investors’ anger rises at poor IPO returns

Mon, 30/08/2010 - 23:00
More than half the big initial public offerings in Europe this year are trading below their issue price
Categories: Finance

Osborne plans 25% Treasury staff cuts

Mon, 30/08/2010 - 23:00
George Osborne is planning to cut staff numbers at the Treasury by about one-quarter and scale back his department’s role as he attempts to lead by example in the search for spending cuts across Whitehall
Categories: Finance

Eurozone test over €25bn repayment

Mon, 30/08/2010 - 22:09
Irish banks are gearing up to repay more than €25bn of debt, in what could prove an important test of investor sentiment towards the broader eurozone financial sector
Categories: Finance

US pay law branded ‘logistical nightmare’

Mon, 30/08/2010 - 22:01
US companies face a “logistical nightmare” from a new rule forcing them to disclose the ratio between their chief executive’s pay package and that of the typical employee, lawyers have warned.
Categories: Finance

US housing woes compound job fears

Mon, 30/08/2010 - 22:01
Concerns that the depressed US housing sector will remain a drag on the US labour market have mounted following the loss of nearly 120,000 jobs in construction and related businesses in the last three months for which statistics were available
Categories: Finance

Cold war base to be private ‘Top Gun’ school

Mon, 30/08/2010 - 21:00
Iceland’s Keflavik airbase, a bulwark of western security during the cold war, would be home to two squadrons of Russian-made fighter jets under plans being considered by Reykjavik
Categories: Finance

Miliband shrugs off Mandelson support

Mon, 30/08/2010 - 19:59
Ed Miliband, the Labour leadership contender, has responded angrily after Peter Mandelson claimed the shadow energy secretary was intent on taking the party into ‘cul-de-sac’ by abandoning the principles of New Labour
Categories: Finance

Pakistan status as Test nation under scrutiny

Mon, 30/08/2010 - 18:56
Pakistan’s status as a Test cricket nation was under scrutiny on Monday as current and former players demanded action if allegations about betting corruption involving members of its team are proved
Categories: Finance

Airlines’ shares up as recovery gains pace

Mon, 30/08/2010 - 18:37
Airline share prices have risen more than 70 per cent from their lowest point at the beginning of last year, as investors bet on a strong recovery in the highly cyclical aviation business
Categories: Finance

Intel to buy Infineon’s wireless chip business

Mon, 30/08/2010 - 06:56
Intel, the US chipmaker, has agreed a deal to buy the wireless chip business of Germany’s Infineon
Categories: Finance