News

Jail-sentenced billionaire Mehmet Karamehmet is being sued for almost $10m (£6.6m) in the High Court over loans issued to Maltese shipping company Blue Shipping.

Transfer latest: Nicklas Bendtner's move to Eintracht Frankfurt could be off due to Arsenal striker's wage demands

The 25-year-old was in Germany on Tuesday to finalise the deal, but he could return to London after negotiations all through

Another foreign-billionaire battle looms in High Court

Commerzbank has launched High Court proceedings against the Turkish billionaire Mehmet Karamehmet in the latest international dispute to be brought to Britain.

Commerzbank gives up fight with bankers

The German banking giant Commerzbank yesterday finally gave up its four-year legal war with 104 London investment bankers who have been fighting for €52m (£44m) in unpaid bonuses.

Bankers win appeal over £44m in unpaid bonuses

Commerzbank furious at losing case over payouts cut after a takeover

Bankers win £44m bonus claim against Commerzbank

More than 100 London investment bankers who sued Commerzbank for €52 million (£44 million) over unpaid bonuses today won a landmark victory when the Court of Appeal upheld the decision in an unanimous verdict.

Eurozone's troubles hit UK trade figures

Turmoil in the eurozone continues to drag down the UK's exporters, raising the probability that the economy contracted again in the final quarter of 2012.

German in exile: Kurt Schwitters created En Morn in 1947, the year before his death in Ambleside

Visual art preview of 2013: Just the ticket

Schwitters, Manet, Vermeer ... it's set to be a vintage year for art shows, big and small

Bigger role for ENRC chairman to placate investors

Kazakh mining giant Eurasian Natural Resources Corporation (ENRC) has beefed up the role of its chairman as it tries to placate angry investors over corporate governance.

Oil prices rise as US refineries restart after Hurricane Sandy

The restart of refineries in the storm-hit northeastern United States gave a small boost to crude oil prices on Thursday.

Bankers win £42m claim for their unpaid bonuses

More than 100 London bankers have won their claim for £42m in unpaid bonuses against Germany's Commerzbank in the High Court. At least five are set to collect payouts in excess of £1m for bonuses promised just before the financial crisis.

Confidence in eurozone dives

Confidence plunged again in the eurozone this month as austerity bites and the single-currency bloc heads towards an all-but-inevitable recession, the European Commission warned yesterday.

The men's toilet in the 49th story of the headquarters of Commerzbank AG

The ultimate loo with a view

Some might feel that the world's bankers have been metaphorically wazzing on us from a great height for years.

Bankers pursue £42m in unpaid bonuses

More than 100 London investment bankers yesterday launched a claim in the High Court for £42m in unpaid bonuses from the German banking giant Commerzbank.

100 London bankers sue Germans over unpaid £42m in bonuses

More than 100 London bankers will next week go to the High Court to sue German banking giant Commerzbank over €50m (£42m) in unpaid bonuses.

German economy feared to have stalled 

Germany's economy slipped into reverse in the last quarter of 2011 in spite of showing strong overall growth for the year of 3 per cent, the country's Federal Statistics Office said today.

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