-
Fuld blames false rumours and the Fed for Lehman collapse
Chief executive attacks regulator for lack of action, but admits: 'I myself did not see the depth and violence of the crisis' -
Rise in US industrial output drives markets higher
Fresh signs of weakness in the US labour market is likely to increase speculation that the Fed will resume quantitative easing -
Tesco bids to increase dominance of Asian market with Carrefour stores
Tesco, already the biggest supermarket retailer in Thailand and Malaysia, wants to add 61 Carrefour stores to its Asian portfolio -
Standard Life to axe 600 jobs
Standard Life is to cut 600 jobs over the next 15 months as part of a major overhaul of the business -
Hargreaves Lansdown profits surge
Hargreaves Lansdown, Britain's biggest retail broker, benefited from a big increase in funds under management and a more buoyant stock market
-
Burger King could be snapped up by private equity firm
Burger King is in talks with a number of potential buyers including Britain's 3i Group, according to media reports -
Australian economy surges 1.2% in Q2
Australia's economy grew at its fastest pace in three years in the second quarter -
Borders sees sharp fall in revenue
The continuing woes of the book industry were underscored when the US retail chain Borders, which pulled out of Britain last year, said its losses had increased amid sharply falling revenues -
More business news
-
Costcutting US bosses earn 42% more than rivals, says IPS research
-
Credit Suisse bypasses bonus tax
-
Alliance Boots offloads £300m of pension liability