Breaking Finance news

Executive compensation has become a thorny issue for banks which have cut jobs or been given state aid

Assad regime launches bloody assault on Homs

Protests sparked by fraud in December’s elections have turned against the regime of Vladimir Putin itself

Oil ministry fears retaliation to EU embargo would harm Iran more than Europe

The US created far jobs than expected in January and the unemployment rate dropped to 8.3 per cent, delivering a jolt of good news for the global economy

Dramatic move is a setback for the UK financier, who had pledged to clean up corporate governance at the coal miner

Anglican portfolio now among biggest investors despite public anger about excess in industry notorious for eye-watering pay packages

Money will fall due on a profit of nearly $5bn that Mark Zuckerberg plans to take on stock options he was handed in 2005

Equities and commodities benefit from robust US employment data with the FTSE All-World stock at its best levels since the beginning of August

The ECB’s longer-term financing operations have bought time for the region, but investors and strategists remain well aware that the day of reckoning still looms

Search engine asked to halt implementation of new privacy policy while impact on users is examined

GSK’s success with the traditional British drink is leading consumer groups to make a push into Asia’s third-largest economy

Michael Klein, the former Citigroup head of investment banking, helped mediate talks over the proposed merger

In first interview since resignation, former Italian premier says he has no intention of running again for prime minister

Chris Huhne resigns after being charged with perverting the course of justice, prompting second cabinet reshuffle in three months

Sir Philip Hampton, chairman, says bank will examine how senior pay packages should be modified to avoid confrontation with politicians

Israeli officials fear that Tehran’s nuclear programme is fast becoming immune to military attack, despite the effectiveness of US and EU sanctions on Iran

Group becomes the first cruise line to admit the Costa Concordia accident has hurt bookings

The latest prediction says the economy will grow by 0.5 per cent of gross domestic product in 2012, down from a forecast of 1.8 per cent

Hopes revive that world’s largest foreign exchange holder could add some of $3.2tn cash pile to European bail-out funds