Business

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Business News

BA's losses are thought to be around £1,000 per minute

The battle for British Airways

Simon Calder: Loss-making airline warns of 'fight to the death' after unions vote for 12-day strike, wrecking Christmas travel plans for a million people.

Inside Business News

Top City broker helps staff relocate overseas

Tuesday, 15 December 2009

Tullett fears brokers could move to foreign rivals unless they can escape 'supertax'

Lord Myners dismisses bonus supertax row as storm in a teacup

Tuesday, 15 December 2009

Lord Myners, the City minister, said the Government would not apologise over the introduction of the "supertax" on bonuses that yesterday saw Tullett Prebon offer its staff a route out of the UK. The minister said he hoped to "end a culture of risk-taking and excessive rewards that damaged our banking system".

Citigroup in $20.5bn cash call to repay bailout funds

Tuesday, 15 December 2009

Move will allow bank to pay executives and top traders bumper bonuses

Cadbury upgrades forecasts to fend off Kraft

Tuesday, 15 December 2009

Dairy Milk maker hits out at 'contemptuous' and 'derisory' bid by Kraft

Shareholders back RBS bail-out plans

Tuesday, 15 December 2009

Plans to prop up part-nationalised Royal Bank of Scotland (RBS) were overwhelmingly backed by shareholders today.

Abu Dhabi finally comes to Dubai's aid

Tuesday, 15 December 2009

Abu Dhabi finally rode to the rescue of its embattled Gulf neighbour yesterday with a $10bn (£6.1bn) lifeline that settled Dubai World's most pressing debts and will keep it running long enough to restructure its debts.

Signal failure as next-generation mobiles crash televisions

Tuesday, 15 December 2009

New mobile devices found to affect TV picture from up to three metres away

Exxon buys natural gas firm XTO in $41bn deal

Tuesday, 15 December 2009

The oil giant ExxonMobil placed a $41bn (£25bn) bet on the future of natural gas with the acquisition of Texas-based XTO, putting pressure on its rivals to follow suit.

Obama and 'fat cats' hail success of meeting

Tuesday, 15 December 2009

Both the Obama administration and Wall Street were privately hailing yesterday's summit at the White House as a public relations success, albeit for some slightly surprising reasons.

Google set to launch its own mobile phone

Tuesday, 15 December 2009

The search engine giant Google is working on the development of its own mobile phone device, although it is unclear whether it will be sold directly to consumers.

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Columnist Comments

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John Walsh: Tales of the City

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