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Ukraine has signed a fresh copy of a gas transit monitoring agreement and removed earlier conditions, Gazprom, Russia's state-owned gas giant, said in a statement |
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Jacob Zuma, the leader of South Africa's ruling party, will go into an election campaign in which he looks certain to win the presidency charged with corruption after a court reinstated the 16 counts against him |
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Germany has agreed to take stakes in any large industrial companies facing insolvency because of credit shortages, according to leaders of Angela Merkel's party |
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A US investigation into potential violations of sanctions against Iran has expanded to involve nine European banks |
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Barack Obama expressed disappointment with the Bush administration's handling of the first $350bn tranche of the financial sector bail out and pledged greater support for struggling homeowners once he takes charge of it |
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Citigroup is to reap a much-needed capital gain of up to $6bn, as well as a cash payment of $2.7bn if it clinches a deal to spin off its brokerage unit into a joint venture controlled by Morgan Stanley |
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The Indian government has appointed a new board to run Satyam while police have widened their investigation to include other Raju family-controlled companies. Satyam shares were up 54 per cent at Rs36.55 after trading as much as 68 per cent higher |
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The former PM is re-emerging as a possible choice for first full-time EU president as crises reinforce the argument for having a high-profile personality in the job |
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Roughly half the estimated losses from Bernard Madoff's alleged $50bn "Ponzi" are being borne by non-US investors, underscoring the global scope of the carnage |
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Cairo is arguing for a border monitoring, system, which could include Turkish troops, to end weapons smuggling into Gaza, in an effort to stop the Israeli offensive |
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Wen Jiabao declared China's efforts to offset the effect of the global economic slowdown an 'initial success' as the economy performed 'better than expected' last month |
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Banks failed to pass on record cuts in interest rates last month to mortgage borrowers, but slashed interest due to savers, according to figures published by the Bank of England |
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World's second largest car market had its worst year in a decade in 2008, with annual passenger car sales rising only 7.3%, according to the China Association of Automobile Manufacturers |
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The pound retreated on Monday, as traders took profits following a strong run last week and as Ireland accused the UK of engineering the sterling's recent slump. |
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Bernard Madoff will remain free on bail, a federal magistrate judge ruled, as he denied prosecutors' request to jail him after he mailed more than $1m of jewelry to family and friends |
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George W. Bush bows out as US president in a final press conference. Regrets? There are a few. |
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After saying Italy's state-controlled Alitalia needed an exorcist, Air France-KLM has bought a 25 per cent stake from the airline's new private owners for €322m ($431m) |
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The deal is one of the biggest deals since credit crunch took hold, indicating that the market for big mergers remains open in spite of the global economic downturn |
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George W. Bush agreed to ask Congress to release the remaining $350bn of a US financial rescue package, meeting a request from Barack Obama as the president-elect's team sought to quell opposition to the plan |
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Russian gas could begin flowing again to Europe as early as Tuesday morning, officials predicted, after Russia and Ukraine moved to contain their dispute |
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Carmaker claims bail-outs "distorted competition" and that it should be offered to more companies |
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World Bank accused outsource group of 'providing improper benefits' |
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The growing dangers for Europe's sharply slowing economies were highlighted as Spain became the third eurozone country to be warned over its finances in three days |
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Sliding raw material and capital project costs provide breather for companies hit by dropping commodity price |
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European rules on investment funds need an overhaul in the wake of the $50bn alleged fraud by Bernard Madoff to restore investor confidence, the French finance minister urged |
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Citigroup's deal to cede control of its brokerage unit to Morgan Stanley is set to result in a tax payment of about $5bn to the US government, the financial group's largest shareholder, in a sign of the political high stakes behind the transaction |
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Shares in Sony fell by 8 per cent in Tokyo trading following local media reports that it will make a Y100bn operating loss in the year to March 2009 |
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Israel is extending its 18-day campaign into built-up areas of Gaza City after sending thousands of reserve soldiers into the Hamas-controlled territory and signalling a further escalation of its offensive against the Islamist group
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The leaders of Germany's ruling coalition agreed on Europe's largest fiscal stimulus, worth €50bn over the next two years, including public investments... |
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Ireland's leading drugs group, which has seen its shares tumble by two-thirds over the past six months, said alternatives for its future could include a minority investment or strategic alliance, a merger or a sale |
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The government-controlled bank is hoping to raise as much as $2.6bn from the sale its 4.3 per cent stake in Bank of China after the market closes in Hong Kong |
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The risk of serious fiscal crises in developed countries has 'doubled if not tripled', according to the World Economic Forum's report on global risks ahead of the gathering of government and business leaders in Davos |
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Shares in the Italian automotive group fell for the second day after the departure of Luca De Meo, its highly regarded marketing chief and head of its Alfa Romeo and Abarth marques |
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Ben Bernanke, the US Federal Reserve chairman, said that more capital injections and guarantees to financial institutions could be needed to ensure economic stability and to rehabilitate the credit markets |
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Germany will amend its constitution to ban excessive public borrowing and set up a strict repayment schedule for the public deficit caused by its latest fiscal stimuli, chancellor Angela Merkel said |
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Hillary Clinton has set out her plans to adopt hard-headed multilateralist diplomacy, in which the US will work closely with Russia and China while seeking to strengthen existing alliances and international institutions |
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Citigroup is to break up its 10-year old "universal banking" business model by separating large parts of its troubled investment bank and US consumer finance businesses from its global commercial banking business in a dramatic attempt to ensure its survival |
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The European aerospace group said it had walked away from a "significant acquisition" in the US defence market as it made cash conservation its top priority during the coming year |
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Investment banking and money management likely to suffer as the UK bank cuts cost to cope with fallout from the credit crisis |
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When Barack Obama takes the US presidential oath on January 20, he will draw vast audiences normally associated with American football's biggest event, the Super Bowl. Viewers should prepare for a commercial onslaught |
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Yahoo has chosen software veteran Carol Bartz as its new chief executive, an appointment viewed by Wall Street as safe but unspectacular. |
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The bitter dispute between Russia and Ukraine descended into near-chaos as pledges to restart supplies fully were broken and Moscow suggested that the US had meddled in the affair |
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Germany's economy could have contracted by as much as 2 per cent in the final quarter of last year, the country's statistical office warned, fuelling fears that Germany's recession will the worst since the second world war, |
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More than half the profits from some of the UK's biggest recent private equity deals were generated by high levels of debt, according to a report compiled by the BVCA |
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Mervyn Davies, chairman of Standard Chartered, is leaving the emerging markets bank after 15 years in order to become a trade minister in the British government |
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Germany's largest bank has revealed its first annual loss in five decades after a fourth quarter in which it lost €4.8bn |
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The Irish government has told trade unions that without agreement on public sector pay cuts, it may have to go to the International Monetary Fund for help. |
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The European Commission is threatening legal action against Russia and Ukraine if they do not restore gas flows to Europe in a sign of mounting frustration at a crisis that has left thousands without fuel |
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A potential $2.6bn deal to create a 'platinum champion' by combining two of the world's biggest producers has unravelled, throwing the future of the sector further into doubt |
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The chairman of Rio Tinto is preparing to announce his retirement from the board of the mining group to succeed Peter Sutherland, chairman of BP |
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The Canadian telecommunications equipment maker has filed for bankruptcy protection a day before $107m in interest payment was due |
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A row over the venue for an Arab summit to discuss Israel's offensive on Gaza is threatening to deepen Arab divisions and to complicate Egyptian efforts to secure a ceasefire |
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The euro fell sharply against the dollar after S&P cut its rating – the first downgrade of a western European economy since the credit crisis erupted – because of the country's high levels of public and private debt. |
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China has overtaken Germany to become the world's third largest economy in 2007 after the Chinese authorities revised upwards the figures for growth during that year |
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A flagship artwork - designed to demolish national stereotypes by mocking them - caused diplomatic outrage after it turned out to have been the work on a single Czech artist when it was billed as a collaborative effort from all 27 EU member states |
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China unveiled a wide-ranging plan including tax cuts and subsidies to boost its auto industry, one of the pillars of the world's third-largest economy |
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Jamie Dimon, JPMorgan Chase's chief executive, predicted the US economy and financial sector would worsen in 2009 as hard-hit consumers default on credit cards and other loans and unemployment continues to rise |
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Leading industrial group warns the credit crisis could lead to order cancellations and price erosion in the second half of the year |
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As Egypt stepped up peace efforts, Europe halted plans to upgrade ties with Israel, in an international backlash against the Gaza assault that has left more than 1,000 Palestinians dead |
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Middle managers at Toyota Motor have a new plan to revive sales and morale at the flagging car company: between now and March, 2,200 will be exhorted to buy a new vehicle |
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Steve Jobs said he was stepping down as Apple chief executive for six months after learning his health problems were more complex than he originally thought |
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Investors pulled close to a net $150bn from hedge funds last month in spite of moves by dozens of funds to halt or suspend redemptions |
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A second federal judge ruled that Bernard Madoff can stay out of jail as he awaits trial, rejecting prosecutors' latest bid to revoke his bail |
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The US banking sector is being shaken by deepening concerns over Citigroup's financial health and the revelation that Bank of America is counting on a new multibillion-dollar capital injection from the government |
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Net new orders fell 42% from record levels in 2007, but the European group re-established its clear lead in the global commercial aircraft industry, beating Boeing in terms of both orders and deliveries |
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President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world |
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The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year |
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The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs |
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Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid |
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Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis |
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Retailer set to reduce its workforce by 5 per cent over the next three years as part of a restructuring plan to give the company more operational independence |
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The new year has brought little relief for the markets of central and eastern Europe as their equity and currency markets have been the laggards, underperforming developing markets in other parts of the world |
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Paris is preparing a €5bn-6bn rescue plan for the country's car industry, which has been hit by plunging demand, the credit crunch and a decline in competitiveness |
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United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing |
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The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession |
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The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia |
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Daily Mail & General Trust is close to selling the London Evening Standard to the Russian oligarch and former KGB officer Alexander Lebedev, for a nominal £1 |
|
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The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year |
|
|
|
President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world |
|
|
|
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power |
|
|
|
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs |
|
|
|
The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia |
|
|
|
Daily Mail & General Trust is close to selling the London Evening Standard to the Russian oligarch and former KGB officer Alexander Lebedev, for a nominal £1 |
|
|
|
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis |
|
|
|
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid |
|
|
|
The new year has brought little relief for the markets of central and eastern Europe as their equity and currency markets have been the laggards, underperforming developing markets in other parts of the world |
|
|
|
The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession |
|
|
|
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing |
|
|
|
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year |
|
|
|
President Barack Obama signalled a decisive break with the Bush years, vowing a "new era of responsibility" in which he would rebuild the economy and restore America's standing in the world |
|
|
|
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power |
|
|
|
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs |
|
|
|
The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia |
|
|
|
Daily Mail & General Trust is close to selling the London Evening Standard to the Russian oligarch and former KGB officer Alexander Lebedev, for a nominal £1 |
|
|
|
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis |
|
|
|
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid |
|
|
|
The new year has brought little relief for the markets of central and eastern Europe as their equity and currency markets have been the laggards, underperforming developing markets in other parts of the world |
|
|
|
The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession |
|
|
|
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing |
|
|
|
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year |
|
|
|
Hours after taking office, US President Barack Obama ordered military prosecutors in the Guantanamo war crimes tribunals to ask for a 120-day halt in all pending cases |
|
|
|
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power |
|
|
|
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs |
|
|
|
The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia |
|
|
|
Daily Mail & General Trust is close to selling the London Evening Standard to the Russian oligarch and former KGB officer Alexander Lebedev, for a nominal £1 |
|
|
|
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis |
|
|
|
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid |
|
|
|
The new year has brought little relief for the markets of central and eastern Europe as their equity and currency markets have been the laggards, underperforming developing markets in other parts of the world |
|
|
|
The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession |
|
|
|
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing |
|
|
|
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year |
|
|
|
Hours after taking office, US President Barack Obama ordered military prosecutors in the Guantanamo war crimes tribunals to ask for a 120-day halt in all pending cases |
|
|
|
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power |
|
|
|
The Obama administration comes under immediate pressure to rescue the battered financial sector as banking stocks plunge across the Atlantic amid deepening fears over banks' capital needs |
|
|
|
The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia |
|
|
|
Daily Mail & General Trust has sold the London Evening Standard to the Russian oligarch and former KGB officer Alexander Lebedev, for a nominal fee |
|
|
|
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis |
|
|
|
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid |
|
|
|
The new year has brought little relief for the markets of central and eastern Europe as their equity and currency markets have been the laggards, underperforming developing markets in other parts of the world |
|
|
|
The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession |
|
|
|
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing |
|
|
|
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year |
|
|
|
Hours after taking office, US President Barack Obama ordered military prosecutors in the Guantanamo war crimes tribunals to ask for a 120-day halt in all pending cases |
|
|
|
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power |
|
|
|
London equities continued to fall with banking stocks under yet more pressure as fears about the health of the sector spread around the world. Barclays and Lloyds notched up further double-digit falls |
|
|
|
Daily Mail & General Trust has sold the London Evening Standard to the Russian oligarch and former KGB officer Alexander Lebedev, for a nominal fee |
|
|
|
The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia |
|
|
|
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis |
|
|
|
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid |
|
|
|
The new year has brought little relief for the markets of central and eastern Europe as their equity and currency markets have been the laggards, underperforming developing markets in other parts of the world |
|
|
|
The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession |
|
|
|
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing |
|
|
|
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year |
|
|
|
Hours after taking office, US President Barack Obama ordered military prosecutors in the Guantanamo war crimes tribunals to ask for a 120-day halt in all pending cases |
|
|
|
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power |
|
|
|
London equities continued to fall with banking stocks under yet more pressure as fears about the health of the sector spread around the world. Barclays and Lloyds notched up further double-digit falls |
|
|
|
Daily Mail & General Trust has sold the London Evening Standard to the Russian oligarch and former KGB officer Alexander Lebedev, for a nominal fee |
|
|
|
The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia |
|
|
|
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis |
|
|
|
Chrysler declared its new alliance with Fiat would enhance its long-term viability in an apparent bid by the Detroit carmaker to strengthen its case for billions of extra dollars in US government aid |
|
|
|
The new year has brought little relief for the markets of central and eastern Europe as their equity and currency markets have been the laggards, underperforming developing markets in other parts of the world |
|
|
|
The Bank of England will start to buy corporate bonds in large quantities, Mervyn King, governor, said, explaining the next steps to be taken to limit the severity of the recession |
|
|
|
United Nations secretary-general Ban Ki-moon said he was promoting the idea of a third party – perhaps the European Union or Turkey – to police the border crossing |
|
|
|
The world's largest telecoms equipment manufacturer is shedding another 5,000 jobs despite reporting better than expected results for the fourth quarter of the year |
|
|
|
Hours after taking office, US President Barack Obama ordered military prosecutors in the Guantanamo war crimes tribunals to ask for a 120-day halt in all pending cases |
|
|
|
Unemployment continued to soar in the final months of last year with the number of jobless climbing to 1.92m in three months to the end of November - the highest level since 1997 the year Labour came to power |
|
|
|
London equities continued to fall with banking stocks under yet more pressure as fears about the health of the sector spread around the world. Barclays and Lloyds notched up further double-digit falls |
|
|
|
Daily Mail & General Trust has sold the London Evening Standard to the Russian oligarch and former KGB officer Alexander Lebedev, for a nominal fee |
|
|
|
The world's biggest mining group,underlined the pain being felt by the industry when it said its would axe 6,000 employees and close a nickel mine in Western Australia |
|
|
|
Finance ministers from the European Union have agreed on fresh efforts to revive the flow of bank credit to levels seen before the crisis |
