Last updated: 3/19/2010 4:57:16 AM GMT

Is China's Politburo spoiling for a showdown with America?
Posted on March 15, 2010
The long-simmering clash between the world's two great powers is coming to a head, with dangerous implications for the international system.
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    Sir James Dyson plan to fill UK's engineering vacuum
    Posted on March 9, 2010
    A radical set of proposals aimed at rebuilding Britain's manufacturing and technology industries and helping pull Britain out recession have been published by Sir James Dyson, the vacuum-cleaner entrepreneur.
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    Europe may consider IMF-style institution to avoid next Greek crisis
    Posted on March 8, 2010
    The eurozone should consider creating an institution similar to the International Monetary Fund to avoid another Greek crisis, Germany's finance minister has said.
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    Glazer family could triple Manchester United money
    Posted on March 7, 2010
    THE Glazer family could nearly triple their money only five years after buying Manchester United if the Red Knights consortium of City financiers pulls off a £1.25 billion takeover of the world-famous football club.
  • Red Knights want fans to join Old Trafford bid                
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    China ready to end dollar peg
    Posted on March 7, 2010
    The head of China’s central bank has given the strongest signal yet that the country will move away from pegging its currency to the dollar, but he said any changes would be gradual.
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    Iceland's president demands that Gordon Brown intervenes in payback row
    Posted on March 7, 2010
    Iceland's president has demanded that Gordon Brown personally agree a reduction in the multi-billion pound bill his country faces to compensate British customers of failed internet bank Icesave.
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    • Between Germany and Greece, a Chorus of Sturm, Drang and Pathos
    Posted on March 7, 2010
    When Germans think they’ll have to bail out Greeks, centuries of bad feelings on both sides come out of hiding. Can a new Europe put them back in their cage?
  • Budget cuts give Greece a break              
  • Pushing Greece into recession                
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    Iceland to vote on repaying 'debt'
    Posted on March 6, 2010
    Iceland to vote on repaying 'debt'
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    Alexander McQueen in apparent suicide after the death of his mother
    Posted on February 12, 2010
    The British fashion industry lost one of its brightest stars yesterday with the apparent suicide of Alexander McQueen, who was found hanged at his Central London home.
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    Traders make $8bn bet against euro
    Posted on February 9, 2010
    Traders and hedge funds have bet nearly $8bn (€5.9bn) against the euro, amassing the biggest ever short position in the single currency on fears of a eurozone debt crisis
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    Toyota announces global Prius recall
    Posted on February 9, 2010
    Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems — the latest in a string of embarrassing safety lapses at the world's largest automaker.
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    Euro under pressure as Greek crisis becomes a 'huge game of chicken'
    Posted on February 8, 2010
    The euro faced renewed selling in foreign-exchange markets on Monday morning as doubts about the ability of Greece to cut its deficit heaped pressure on the single currency
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    Hair India
    Posted on February 4, 2010
    For centuries Hindu pilgrims have donated their hair in a ritual of purification. Today this hair has become a precious commodity and an extraordinary economic resource.
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    • Toyota takes $2bn hit from global safety recall
    Posted on February 4, 2010
    Toyota will suffer $2bn (£1.26bn) in extra costs as a result of a global safety recall affecting millions of cars, and faces a bruising few months ahead as it attempts to address safety concerns that could result in civil action by authorities in the US.
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    Joseph Stiglitz: Why we have to change capitalism
    Posted on January 24, 2010
    In an exclusive extract from his new book, Freefall, the former World Bank chief economist, reveals why banks should be split up and why the West must cut consumption.
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    Government pressured to bring in Obama-style bank reforms
    Posted on January 23, 2010
    Opposition parties were piling pressure on the Treasury tonightto produce a new blueprint for the City as Whitehall scrambled to respond to Barack Obama's latest initiative designed to prevent a fresh financial crisis.

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    President Obama seeks sweeping bank reforms
    Posted on January 21, 2010
    Wall Street was rocked today as President Barack Obama declared war on the US financial sector with plans to break up banks.
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    Tablet computers will sell in their millions this year claims Deloitte
    Posted on January 19, 2010
    Deloitte's annual Technology, Media and Telecommunications (TMT) predictions said the tablet computer or NetTab - smaller than a netbook, larger than a smartphone and boasting wireless connection with a touchscreen display - will have its ''breakout year'' over the next 12 months.
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    Obama outlines $117bn bank levy
    Posted on January 14, 2010
    President Barack Obama has said Wall Street must repay $117bn (£72bn) to taxpayers and criticised banks for "massive profits and obscene bonuses". The tax is to recoup money US taxpayers are expected to lose from bailing out the banks during the financial crisis. "My commitment is to recover every single dime the American people are owed," the president said.
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    • Russian energy group with the power to plunge Europe into darkness
    Posted on January 13, 2010
    Gazprom has so much natural gas under the tundra of Siberia that its energy resources are equivalent to all the oil and gas fields owned by western energy companies put together
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    Bonus time as banks pay out £40bn
    Posted on January 9, 2010
    The world's biggest investment banks are expected to pay out more than $65bn (£40bn) in salaries and bonuses in the next two weeks, reinforcing the view that it is business as usual on Wall Street and in the City barely a year since the taxpayer bailout of the banking system.
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    F1 boss Bernie Ecclestone drives ahead with joint bid for Swedish car maker Saab
    Posted on January 8, 2010
    Mr Ecclestone said he is making the bid with partner Genii Capital, a Luxembourg-based private equity firm. The motorsport chief told Bloomberg yesterday: “It’s a good brand that has probably been neglected by the current owners. We don’t own it yet, so let’s see what happens.
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    Christmas is like a military campaign for Tesco boss Sir Terry Leahy
    Posted on December 26, 2009
    "It's like a great sort of D-Day," says Sir Terry Leahy in the booze and cracker aisle of Tesco Extra in Waltham Cross, Hertfordshire. This store alone employs over 800 people. Over the course of this week its tills will have taken £3.7m from about 60,000 customers, up from a normal weekly take of £2.3m.
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    IBM takes on services in Essex as part of £5bn privatisation deal
    Posted on December 22, 2009
    The eight-year deal between the technology giant and Essex County Council is expected to transform the way that public services are provided across the county and save 20 per cent of the authority’s annual £1.2 billion budget within three years.
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    Last-minute Dutch bid for Saab
    Posted on December 21, 2009
    Dutch specialist automaker Spyker Cars has submitted a revised last-minute offer to buy the Saab car firm from General Motors, offering hope that thousands of jobs could be saved.
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    Margareta Pagano: Thatcher got it wrong. Blair and Brown did too. Can Cameron get it right?
    Posted on December 20, 2009
    The problem was Britain's plunge into industrial chaos in the 1970s, which then prime minister Thatcher thought was due to bolshy trade unions and rigid work practices.
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    Charities face £20m 'tax' for playing music
    Posted on December 20, 2009
    The Business Secretary is abolishing an exemption for charities from music licensing rules – hitting them with huge bills for holding events with recorded music. Community groups said last night they would be forced to abandon hundreds of services for the elderly and children because of the new rules.
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    Saab brand to disappear as GM abandons sale
    Posted on December 19, 2009
    Saab motors, one of Sweden’s best-known brands, is to be wound down after its parent company General Motors, the US car giant, was unable to find a buyer. Saab employs 3,400 people in Sweden. About 3,000 people are employed at Saab's 87 UK dealerships and 100 at its British headquarters
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    Graduates 'paying £8,000 for internships'
    Posted on December 19, 2009
    Middle-class students are paying up to £8,000 for unpaid internships in a desperate bid to get ahead in the recession-hit job market, The Daily Telegraph can reveal.
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    BA seeks injunction to stop Christmas strike
    Posted on December 16, 2009
    British Airways is to seek an urgent injunction to stop the trade union, Unite going ahead with a 12-day strike by cabin crew over the Christmas period.
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