BUSINESS

Singapore airlines has announced plans to buy 10 percent stake in Virgin Australia

Barclays Bank is the first in the UK to be taken to court over manipulating the LIBOR rate (the interbank lending rate) and the miss-selling of derivatives.

Flights have been cancelled, stock markets remain shut and retailers expect a slump in sales. But analysts suggest that the storm in unlikely to have a major economic impact.

There's both good news and very bad news today on the jobs front as two big employers in the UK announce plans to lose people and hire people.

Consumer lending in Britain rose at the fastest pace in nearly five years and new mortgage approvals grew faster than expected as the first signs of the economic recovery continue.

UBS stocks rise sharply on the first trading day after it announces another round of major job cuts and impending closure of its fixed-income operations

Mortgage approvals rise but house price recovery could be uneven as sales accelerate into year-end.

Over a third of UK businesses expect workforce to grow over next 12 months, led by science, high-tech and IT sectors.

US equity markets will suspend trading on safety concerns as Hurricane Sandy threatens to hit the East Coast early this week.

Annual poll shows pockets of Eurozone where risks are greater than in Syria, Egypt and Libya as CFOs seek safer markets in China, India and Brazil.

Restrictions on setting up new branches in London are seen as a major worry for Chinese banks.

Ken Clarke backtracks on hint that promised couples' tax break unlikely to materialise.

Mohammed El-Erian and Nobel Laureate Michael Spencer say world's biggest democracy holds key lessons for global economy

US GDP grew faster than expected but mixed data below headline provides ammunition for both Obama and Romney campaigns

It's not long to go now until people across the United States take to the polling booths to choose who will lead their country as President.

EDF Energy plans 10.8 percent increase on UK household gas and energy prices in move that challenges Bank of England policy.

Falling global demand and sluggish domestic investments push South Korea's economic growth to three-year lows.

A senior British executive working with oil giant Exxon Mobil, has been murdered in Belgian capital Brussels.

The Japanese government announces stimulus package as the country struggles on falling global demand.

The joint New York and Connecticut probe into alleged Libor manipulation extends its investigation by adding nine banks to subpoena list.

One in four out of work in Europe's fourth-largest economy amid deepening recession.

The fifth of the big six energy companies to announce their price plans to customers, EDF Energy has confirmed that they will hike up the price of gas and electricity by 10.8 per cent from 7 December.

iPhone users in the US can continue to jailbreak their iPhones legally but those doing the same to their iPads will now be breaking the law.

Shares in the world's biggest platinum miner rise in London after departure of ground-breaking boss

Shares in mining company Kazakhmys were down on the FTSE 100 in afternoon trading, after issuing a production report for the third quarter ended 30 September 2012.

The best three-month growth figures in five years have sparked a raging debate over the government's economic strategy.

Shares in Anglo American were up on the FTSE 100 in afternoon trading after the mining group reported significant increases in production during the third quarter ended 30 September.

US car manufacture to end more 100 years of vehicle production in the UK.

Shares in AstraZeneca were up on the FTSE 100 in afternoon trading, despite the group reporting a drop in revenue and pre-tax profit in the third quarter, thanks to the loss of exclusivity on some of its brands and the disposals of Astra Tech and Aptium.