Istanbul aggressively increased its overnight lending rate to 12% from 7.75%
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Monday 11 October 2010
"Too tough" banking regulation will put a "drag on economic recovery" and cost upwards of 10 million jobs globally, the world's leading bankers have warned.
Friday 08 October 2010
Sunday 03 October 2010
Thursday 23 September 2010
PotashCorp of Saskatchewan, the world's biggest fertiliser company, went to the courts in the US yesterday to fend off BHP Billiton's $38.5bn (£24.6bn) takeover bid, accusing the Anglo-Australian miner of giving "false and conflicting information about BHP's offer and PotashCorp's prospects and true value".
Tuesday 14 September 2010
Monday 13 September 2010
Sunday 12 September 2010
Top banking officials from 27 countries are locked in talks today in the Swiss town of Basle finalising new, tougher, global capital rules which could force banks to raise fresh equity.
Friday 10 September 2010
Tiger Woods returned to one of his happy hunting grounds last night riding the momentum from one of the best weeks of a turbulent year into his title defence at the BMW Open.
Sunday 05 September 2010
These days Tiger Woods may be as well known for his birdies off the course as on it, but there was something a little bit special about the six he accumulated yesterday at the TPC Boston. For the first time in a season marked by personal and private blemishes, the world No 1's six beauties were not accompanied by a black mark.
Sunday 15 August 2010
While doing your weekly shop you have probably noticed the price of bread going up – this is due, in part, to wheat soaring on the international exchanges as Russia, a major exporter, is wracked by its worst drought in a century.
Tuesday 10 August 2010
Financial stocks dominated the blue-chip index on what one trader called a "pathetic day for the market" as the silly season continued to drag. The FTSE 100 ended the session 78.1 points higher at 5,410.5. Volumes were weak – less than 300 million shares had been traded halfway through the session – with all eyes on data due to be released on both sides of the Atlantic.
Saturday 07 August 2010
The market veered sharply lower last night, but Afren was broadly unchanged as traders bought in on hopes of upside gains.
Friday 30 July 2010
BT lifted profits 17 per cent between April to June as its cost-cutting plan continued to pay off, in what the group's chief executive called an "acceptable" start to its financial year.
Wednesday 28 July 2010
The fiscal squeeze was back on the agenda last night, with Logica failing to make any headway after a warning on the impact of public-sector cuts.
Wednesday 28 July 2010
It is not just about the BRICs. The Government is seeking to rebalance Britain's trading relations away from slow-growing Europe to the emerging economies, of which Brazil, Russia, India and China are the largest, and that makes obvious sense. But the other big emerging economies matter too. So it is especially welcome that the Prime Minister should stop off on his great team visit to India (Vince Cable and David Willetts arrived in Bangalore yesterday) and spend time in Turkey.
In defence of liberal democracy
General Election 2015: Post-election 'shambles' looms as 70 per cent of voters say SNP 'should not be able to veto UK government policies'
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: UK will be 'run for the wealthy and powerful' if Tories retain power, Labour warns
General election live: SNP suspends two members for disrupting Labour rally
Schools forced to act as 'miniature welfare states' with teachers buying underwear and even haircuts for poor pupils
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