Result Page 981 for Latest Business News & Archive

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IMF Lowers Global Growth Forecast - Handelsblatt

The IMF sees slower global growth this year and next as central bank policy fails to offset fiscal austerity in Europe and the United States

One year since death of Apple founder Steve Jobs

Today marks one year, since Apple founder, Steve Jobs, died at the age of 56. The American inventor had been battling pancreatic cancer for years, and has left a lasting legacy at the tech giant, the largest publicly traded company in the world.

Global Food Prices Rise 1.4 Percent Raising Crisis Concerns

Meat, cereal and dairy prices rise while sugar and oil prices drop amid concerns of food crisis following US drought.

Rich Ricci Memo Tells Barclays Staff of Investment Bank Shake-up

Eric Bommensath to lead markets business after trading and distribution teams merger, corporate head reveals in staff memo.

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Bank of England Holds Fire on Key Rate and QE

An improving economy that will likely emerge from recession in the third quarter deters Bank of England policymakers from yet more quantitative easing

ECB Rate Decision: Draghi's Hands Tied by Inflation, Spanish Bailout

ECB hold its key lending and deposit rates unchanged as it awaits a decision from Spain on a formal European Union bailout.

T-Mobile to Merge With MetroPCS in US

German telecom major Deutsche Telekom announces plans to merge US division of T-Mobile with MetroPCS.

Mass Effect 3: ‘Operation Overdrive’ N7 Multiplayer Weekend Announced

BioWare announces next N7 multiplayer mission: Mass Effect 3: Operation Overdrive for the weekend starting from 5 October to 7 October.

Reports: PC Shipments Continue to Sink, Asian Brands Rising

HP Shares Tumble After Weak Forecasts

Shares of tech major Hewlett Packard slump after the company warns of a decline in earnings for 2013.

Chain of Shame: Bear Stearns Employees Described Securities as 'Sack of S**t'

IB Times looks back on a string of e-mail disasters which have shone a light on endemic malpractice within the banking sector.

Mass Effect 3: Biggest Patch Brings Bug-Fixes to PC, Xbox 360 and PS3

Mass Effect 3: BioWare's Biggest Patch Brings Bug-Fixes to PC, Xbox 360 and PS3

BioWare is all set to release the biggest patch for Mass Effect 3 for all three gaming platforms - PC, Xbox 360 and PS3.

UK Economy 'Near Stagnation' as Service Sector Growth Slows in September

PMI survey for service sector reveals slowdown in activity and adds to evidence UK economy barely recovered from recession in third quarter

US Car Sales Touch Four Year High on Low Interest Rates and Cheap Financing

Sales of new cars in US rose to a four year high in September.

George Osborne 'Should Scrap UK Debt Target', Economists Say

Economists surveyed by Bloomberg say more austerity to meet debt target threatens UK's recovery from recession

Richard Branson: West Coast Mainline Contract 'Unrealistic'

Full text of Sir Richard Branson's blog on FirstGroup's flawed contract to run the West Coast Mainline, cancelled by the Government due to "significant technical flaws" in the bidding process.

Libor Fixing Scandal: Geithner Blamed for Lawsuit 'Deluge'

Treasury secretary bears brunt of blame over litigation costs related to Libor rigging.

Tesco Shares Fall After First Profit Dip in Nearly Two Decades

Britain's top food retailer posts quarterly sales figures amid tight consumer spending and slowing economy.

Asian Development Bank Cuts Asia Growth Estimates

Asian Development Bank slashes Asia's growth estimates to 6.1 and 6.7 percent in 2012 and 2013 respectively on concerns over global debt crisis.

UK Government scraps 'flawed' £5.5bn rail contract

The British government has scrapped its decision to award the UK's multi-billion pound West Coast Main Line rail franchise to FirstGroup after saying there were 'significant technical flaws' in the bidding process.

Virgin Trains operated the West Coast line since 1997 (Reuters)

Coalition Scraps West Coast Main Line Deal Over Flawed Process

Transport secretary Patrick McLoughlin says failures in tender risk assessment mean FirstGroup's contract must be aborted.

Labour Party chief Ed Milliband (Photo: Reuters)

Mis-Selling Derivatives: Miliband Highlights Small Businessman Alan Henderson Destroyed by Banks

Scale of mis-selling scandal highlighted in Labour party leader's conference speech.

Moody's Delays Spanish Debt Rating Review Following Budget, Bank Audit

Ratings firm says it will make a decision on Spain's Baa3 investment grade status in October

US a $76 Trillion Debt 'Crystal Meth' Addict, Says PIMCO's Bill Gross

Founder of world's biggest bond fund says US needs annual $1.6 trillion in austerity measures.

UK House Prices Drop 1.4% in a Year - Nationwide

Robust labour market and limited supply preventing sharper decline

Former UBS trader John Hughes covers his face as he is driven from Southwark Crown Court in London

Rogue Trading Scandal: Ex-UBS Trader Used Adoboli's Account

Former UBS trader John Hughes testifies that he conducted same unauthorised trading that Kweku Adoboli is accused of

Iran's Rial Plummets to Record Low as Sanctions Devastate Gulf Economy

Currency crisis could escalate economic slowdown as global sanctions on crude take more than $130bn from Tehran each day.

UK Construction Sector Collapse Continues in September

PMI survey data of slowing orders and dropping output in construction sector pointing to 'ominous future'.

Asian Markets Shed Early Gains as Spain Woes Override US Data and RBA Rate Cut

European debt worries overshadow positive US manufacturing data.

Rabobank CEO Piet Moerland (Photo: Reuters)

Libor Fixing Scandal: Dutch Authorities Request Rabobank Info on Dealings

Dutch Ministry of Security and Justice seeks information from Rabobank over its possible involvement in the manipulation of Libor

Spend More on 'Weak and Inadequate' UK Economy BCC Tells George Osborne

British Chambers of Commerce business survey shows falling confidence, investment and new hires as damp domestic demand hinders economy

Ed Miliband addresses elitism in education

I'm just like you' is the message from Labour Leader, Ed Miliband today as he addresses his party faithful at the autumn conference in Manchester later.