|
|
|
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 |
|
|
|
President-elect Barack Obama promised to focus on Middle East peace from the start of his administration and to treat Iran with 'respect' as he set out his foreign policy thinking in greater detail than before |
|
|
|
A US investigation into potential violations of sanctions against Iran has expanded to involve nine European banks |
|
|
|
The Russian president took another apparent swipe at Mr Putin, the prime minister, criticising his government for moving too slowly on the country's economic crisis |
|
|
|
Police are investigating fraud allegations against the chairman of one of Dubai's largest private real estate companies as dozens of aggrieved investors claim he defrauded them of more than $100m |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Lloyds TSB, the UK bank, will pay $350m to settle US investigations after admitting that it helped Iranian and Sudanese clients access the US banking system in violation of US sanctions, prosecutors said |
|
|
|
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 |
|
|
|
Robert Rubin said he would leave Citigroup after a controversial decade on its board as it emerged that the company was in talks to cede control of its Smith Barney brokerage unit to Morgan Stanley in return for about $2.5bn in cash |
|
|
|
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 |
|
|
|
George W. Bush bows out as US president in a final press conference. Regrets? There are a few. |
|
|
|
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) |
|
|
|
When a power goes to war against a weaker enemy, it can lose the public relations battle, says Roula Khalaf
|
|
|
|
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 |
|
|
|
Russian gas could begin flowing again to Europe as early as Tuesday morning, officials predicted, after Russia and Ukraine moved to contain their dispute |
|
|
|
Carmaker claims bail-outs "distorted competition" and that it should be offered to more companies |
|
|
|
World Bank accused outsource group of 'providing improper benefits' |
|
|
|
The deal is one of the biggest deals since the global economic downturn, indicating that the market for big mergers remains open in spite of the global economic downturn |
|
|
|
South Africa is braced for more political upheaval after a court reinstated corruption charges against Jacob Zuma, leader of the ruling African National Congress |
|
|
|
Sliding raw material and capital project costs provide breather for companies hit by dropping commodity price |
|
|
|
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 |
|
|
|
Researchers have found a strong statistical link between the profitability of male traders at a London bank and the ratio of index to ring fingers on their right hand |
|
|
|
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 |
|
|
|
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 |
|
|
|
Senior officials are hoping Hamas would agree to a government of national consensus in an attempt to reconcile fiercely divided factions, once Israel's offensive in Gaza ended |
|
|
|
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 |
|
|
|
The financial statement from the Dubai government last week saw the emirate open up its books more than ever before. But the numbers that were revealed have left experts confused |
|
|
|
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 |
|
|
|
A consortium led by the UAE's state-controlled telecoms company says it has won a bid for Iran's third mobile license, as the credit crunch fails to deter the Gulf's top operators from expanding |
|
|
|
The risk of serious fiscal crises in developed countries has 'doubled if not tripled', threatening countries such as the US, UK, France, Italy, Spain and Australia, the World Economic Forum said |
|
|
|
The BBC World Service is launching a Persian-language television channel this week, dismissing fears from Iranian officials that it could turn into a mouthpiece for critics of the Islamic regime |
|
|
|
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 |
|
|
|
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 |
|
|
|
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
|
|
|
|
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 |
|
|
|
Riyadh's decision to step outside the group underlines how severely the cartel is struggling to reverse the slide in crude prices, despite the record 2.2m barrels-a-day cut it announced last month |
|
|
|
Berlin moves to curb borrowing and imposes strict new rules to ensure the extra debt created by its latest €49bn fiscal stimulus package is paid off as soon as possible |
|
|
|
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 |
|
|
|
Yahoo has chosen software veteran Carol Bartz as its new chief executive, an appointment viewed by Wall Street as safe but unspectacular. |
|
|
|
The world's largest democracy is expected to hold elections in April. The ruling Congress party fights to hold on to office against a challenge from the Bharatiya Janata party
|
|
|
|
Three rockets have been fired into northern Israel from Lebanon , the second such attack since the Jewish state launched its offensive against Gaza amid fears that a second front could open up as Israeli troops push deeper into the Palestinian strip |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Dubai's recent surging population growth will reverse over the next two years as the troubled, but important, real estate and construction sectors cause the number of immigrants to slow and many expatriates to leave |
|
|
|
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 |
|
|
|
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 |
|
|
|
The Canadian telecommunications equipment maker has filed for bankruptcy protection a day before $107m in interest payment was due |
|
|
|
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 |
|
|
|
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. |
|
|
|
China overtook Germany to become the third largest economy in 2007 after the Chinese authorities revised upwards the figures for growth during that year |
|
|
|
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 |
|
|
|
Leading industrial group warns the credit crisis could lead to order cancellations and price erosion in the second half of the year |
|
|
|
As Israel's massive military offensive in the Palestinian territory continued into its 19th day, many of its 1.5m people were desperately trying to find food, fuel and shelter |
|
|
|
It is a fantasy Mahmoud Abbas, the Palestinian president whose party was routed at the polls by Hamas and driven out of Gaza, can be restored to power by Israeli tanks |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs |
|
|
|
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence |
|
|
|
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 |
|
|
|
Warner Brothers Entertainment, the Hollywood studio behind The Dark Knight, the biggest grossing movie of 2008, is to shed 10 per cent of all employees as the recession starts to bite in Hollywood |
|
|
|
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 |
|
|
|
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken |
|
|
|
The technology group registered an unexpectedly strong bounce in fourth-quarter earnings from relative strength in the US and continued higher growth in some emerging markets |
|
|
|
Beijing greeted the inauguration of Barack Obama as US president with an appeal for better bilateral military relations, signalling its hopes of fully restoring military dialogue partly suspended last year over US arms sales to Taiwan |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs |
|
|
|
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence |
|
|
|
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 |
|
|
|
Warner Brothers Entertainment, the Hollywood studio behind The Dark Knight, the biggest grossing movie of 2008, is to shed 10 per cent of all employees as the recession starts to bite in Hollywood |
|
|
|
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 |
|
|
|
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken |
|
|
|
The technology group registered an unexpectedly strong bounce in fourth-quarter earnings from relative strength in the US and continued higher growth in some emerging markets |
|
|
|
Beijing greeted the inauguration of Barack Obama as US president with an appeal for better bilateral military relations, signalling its hopes of fully restoring military dialogue partly suspended last year over US arms sales to Taiwan |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs |
|
|
|
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence |
|
|
|
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 |
|
|
|
Warner Brothers Entertainment, the Hollywood studio behind The Dark Knight, the biggest grossing movie of 2008, is to shed 10 per cent of all employees as the recession starts to bite in Hollywood |
|
|
|
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 |
|
|
|
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken |
|
|
|
The technology group registered an unexpectedly strong bounce in fourth-quarter earnings from relative strength in the US and continued higher growth in some emerging markets |
|
|
|
Beijing greeted the inauguration of Barack Obama as US president with an appeal for better bilateral military relations, signalling its hopes of fully restoring military dialogue partly suspended last year over US arms sales to Taiwan |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence |
|
|
|
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 |
|
|
|
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs |
|
|
|
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 |
|
|
|
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence |
|
|
|
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 |
|
|
|
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs |
|
|
|
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 |
|
|
|
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence |
|
|
|
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 |
|
|
|
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs |
|
|
|
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 |
|
|
|
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs |
|
|
|
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence |
|
|
|
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 |
|
|
|
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 |
|
|
|
Singapore's economy shrank more than expected in the fourth quarter, prompting the government to declare the nation was in its worst ever recession and fanning expectations that the central bank will let its currency weaken |
|
|
|
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 |
|
|
|
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 |
|
|
|
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 |
|
|
|
Sir Howard Stringer, chief executive of Sony electronics group, is facing resistance over plans to restructure the company and cut 16,000 jobs |
|
|
|
Israel and the Palestinians: After the Gaza onslaught, a two-state solution is further off than ever but, for all its problems, it remains the only route to lasting coexistence |
|
|
|
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 |
|
|
|
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 |