Nomura Holdings moved a step closer to fulfilling its ambition of becoming a global investment bank, as it reported strong returns from the assets it acquired last year from the collapsed Lehman Brothers ... more
Leading shares reversed yesterday’s gains in early trading as City investors headed for the exit following a late sell-off in Asia this morning ... more
Japan emerged from its deepest recession since the Second World War but it was not enough to stop a vicious slump in global stock markets and the price of oil ... more
Fears that the Government will struggle to raise the billions of pounds it needs from capital markets to pay for its record fiscal deficit rose after the Treasury suffered its first failed bond auction in more than a decade... more
Investors on the London stock market today moved to stop the rot after another big sell-off overnight on Wall Street, which saw shares there slump to their lowest since 1997... more
The response of London stock-market investors to the Federal Reserve's move to cut rates to within a range of between zero and a quarter point was far less enthusiastic than that of their counterparts on Wall Street overnight.... more
Economics: The US unemployment rate has shot up to near-five year highs, marking the clearest sign yet that the world's biggest economy is now in full-blown recession... more
Cordon bleu cookery courses have become the latest trend for City workers and a range of classes run by award-winning chefs has been set up to cater for demand.... more
The Mayor of Tower Hamlets defeated Labour to be elected. Livingstone not only backed him but some of Ken's key players are now at the heart of running the council. Stephen Robinson reports