Fresh fears about the health of the world's major banks emerge, with City analysts predicting that there will soon need to be another round of fund-raising to shore up balance sheets... more
Market Round-up: The chill of Austerity Britain sweeps across the London market as investors fret about the effects of George Osborne’s axe on UK Plc... more
Goldman Sachs may be forced to pay out more than £400 million to bring to an end the damaging fraud investigation by the US government, Wall Street analysts estimate... more
Credit Suisse tells investors that fears about the Chinese economy are overdone, as it persuades them that mining stocks have been sold off too heavily... more
In the end, Roger Carr, the Cadbury chairman, had no choice. He may feel satisfied that he persuaded Kraft to raise its offer from 745p to today's 840p but deep down there has to be the realisation that the Americans have got the British chocolate-maker for a song... more
Defenders of corporate Britain hopeful that Cadbury can fend off a £10.3 billion offer from Kraft Foods got a boost when the chocolate maker issued a feisty response to the takeover bid... more
Marks & Spencer chairman Sir Stuart Rose gave evidence that he has dragged the retailer through one of the toughest periods in its 125-year history ... more
Mixed results from US banks Citigroup and Bank of America took the gloss off the markets as the FTSE 100 index struggled to hang on to early gains ... more
The influential oil and gas analyst who called the recent crude price spike on the back of Chinese stockpiling says the oil price could weaken this summer... more
Phew, the banking crisis is over. Some 21 months after it began — a conservative $1 trillion poured down the drain in write-downs, losses and government bail-outs — the world’s banks are back on track again... more
BP today went only halfway to reassuring City investors about its future dividend policy amid fears a cut in the payout to shareholders may be on the way... more
Afternoon:
8°c
