Business News
Youth unemployment hits record high
Number of 16 to 24-year-olds out of work is up by 15,000 to 943,000, a rate of 19.8 per cent.
Inside Business News
Low interest rates to 'last throughout 2010' new
Wednesday, 11 November 2009
Bank Governor welcomes the weakness of sterling as one factor to aid the UK's pull out of recession.
Pound under new attack as agency says it will cut UK's credit rating
Wednesday, 11 November 2009
Britain's sovereign status is most at risk, says Fitch
Apple tops phone chart as Nokia and Samsung step up
Wednesday, 11 November 2009
The world's two largest cellphone makers, Nokia and Samsung Electronics, unveiled yesterday their latest rivals to the iPhone as Apple became the top profit generator in the handset industry.
Wide-ranging financial overhaul proposed for US
Wednesday, 11 November 2009
The chairman of the US Senate Banking Committee introduced a financial regulation reform bill yesterday that leaps beyond earlier proposals, calling for new government agencies on financial stability, bank supervision and financial consumer protection.
Barclays pays dividend again as HSBC says worst is over
Wednesday, 11 November 2009
Profits continue to flow at banks that avoided bailouts
Vodafone to double its cost cutting target to £2bn
Wednesday, 11 November 2009
Telecoms giant looks to set aside £500m war chest for potential acquisitions
Bear Stearns fund managers found not guilty
Wednesday, 11 November 2009
In a huge setback for government prosecutors, a jury in New York City last night acquitted two former hedge-fund managers with Bear Stearns of lying to clients about the safety of their money even when they themselves allegedly saw disaster around the corner because of the imploding sub-prime mortgage market.
Lloyds Banking Group faces battle with unions over 5,000 more job cuts
Wednesday, 11 November 2009
Unions reacted with fury yesterday after Lloyds Banking Group (LBG) announced another round of job cuts.
Imperial Tobacco names Alison Cooper as CEO designate
Wednesday, 11 November 2009
The chief executive of Imperial Tobacco is to step down after 37 years at the cigarette maker, as it posted sharply higher pre-tax profits. Alison Cooper, its chief operating officer, will take over in May from Gareth Davis, who has been at the helm for 14 years.
Low-carbon energy sources need $10.5trn investment
Wednesday, 11 November 2009
Global policies key to beat climate change, says IEA
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