Banking giant HSBC has made 1.2 billion US dollars (£741 million) in cost savings in the last year as it cuts thousands of jobs worldwide, including the UK.
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Conrad Black released from prison
Friday 04 May 2012
Former media mogul Conrad Black was released from a federal prison in Miami today after serving about three years for defrauding investors.
Former Nigerian governor jailed for £50 million fraud
Tuesday 17 April 2012
The former governor of one of Nigeria's richest oil-producing states was jailed for 13 years today after admitting fraud totalling nearly £50 million.
Eventful meeting for BP bosses
Thursday 12 April 2012
BP's top bosses contended with screaming environmental protesters, a backlash on executive pay and more anger over the company's record in the Gulf of Mexico at an eventful annual meeting today.
BP clean-up operation 'a fiasco'
Thursday 12 April 2012
Frustrated protesters claimed today that oil giant BP's clean-up operation in the wake of the Gulf of Mexico disaster had been a "complete fiasco".
BP sells £250m North Sea assets
Tuesday 27 March 2012
BP sold assets in the North Sea today in a £251.7 million deal but insisted it is still committed to developing around the UK.
Ex-governor James Ibori admits Nigeria fraud
Monday 27 February 2012
The former governor of a Nigerian state today admitted fraud totalling nearly £50 million, said to be part of total embezzlement which could exceed £250 million.
Harry Redknapp takes to the stand over tax charges
Wednesday 01 February 2012
Football boss Harry Redknapp told a jury today: "I have always paid my taxes."
£2.5m Cairn Energy shares windfall withdrawn amid shareholder pressure
Tuesday 24 January 2012
A £2.5 million shares windfall for the founder of oil explorer Cairn Energy was withdrawn by the company today amid shareholder pressure.
Mark Dampier: Mines a rich seam as gold looks set to keep its glow
Saturday 07 January 2012
The Analyst
Central banks wade in to stop second credit crunch
Thursday 01 December 2011
The US Federal Reserve and other major central banks ramped up their efforts to stave off another credit crunch yesterday by acting in concert to give lenders access to funds they need as the European sovereign debt storm rages on.
Central banks join forces to ward off credit crunch
Thursday 01 December 2011
Stock markets soar as investors welcome co-ordinated action to boost liquidity
McIlroy glory hinges on Euro
Wednesday 30 November 2011
Rory McIlroy may not after all have to win the last two events of the European Tour to catch Luke Donald at the top of the money list.
Gloomy report triggers shares rout
Thursday 18 August 2011
London's leading shares index fell 4.5% today - the 9th biggest fall in its history - amid fears the world is sliding into a double dip recession.
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