BUSINESS

The UK's SFO announced that it is going to formally investigate Barclays and possibly others in the Libor fixing scandal

12 no-frills airlines bow to pressure and agree to lose 'last-minute' rip-off charges following complaints to OFT.

Chancellor George Osborne announced that he has appointed the Confederation for British Industry's chief economic adviser to the rate-setting committee as Posen prepares to depart.

The controversial Mass Effect 3 (ME3) closure finally got its due in the form of Extended Cut that was released just a few days back. Ever since the release of the expansion pack for ME3 endings, talks of comparing the original to the updated endings is abuzz on the internet.

In the run-up to the London Olympics, Lianna Brinded awards her own medals of dishonour for the maddest corporate rules that sucks the fun and the spirit out of the greatest spectacle on earth.

Minutes from the Bank of England's Financial Policy Committee reveal fears over the scale of banks' exposure to global risks, such as the eurozone crisis.

With 21 days to go until the London Olympics, UK's Prime Minister David Cameron reveals that Britain will see a multi-billion pound benefit for hosting the London Games.

Serious Fraud Office to probe "Libor matter"; US jobs numbers disappoint, IMF warns on global growth

European stocks are trading lower today ahead of a critical employment report from the United States which will dictate investor confidence in the strength of the recent global share price rally.

Banks across the world have failed to reform, and they need to stop thinking about the bottom line too: The Head of the International Monetary Fund pulled no punches about the events since the collapse of Lehman Brothers back in 2008.

Two major credit rating agencies have lowered their outlook on Barclays following the exit of the bank's Chief Executive Bob Diamond and other senior directors in the bank.

China is aggressively pushing forward with its currency liberalisation plans, after slashing its interest rate in the first time in less than a month

One of the major things learned from Treasury Select Committee grilling of Barclays' newly resigned CEO Bob Diamond, is that they probably won't be up to the task of leading a parliamentary-led inquiry.

Spike Murphy not long ago he made waves across BioWare forums when he filed a Federal Trade Commission complaint against EA for the broken ending of Mass Effect 3.

Mervyn King and the Bank of England's rate-setters will plough an extra £50bn into the economy through monetary stimulus, in another bid to pull the UK out of recession.

The deal is expected to increase GKN's presence in the civil aerospace industry.

Two new supercomputers "Emerald" and "Iridis 3" systems were unveiled at the Science and Technology Facilities Council's Rutherford Appleton Laboratory (RAL) at an event that also launched the Oxford University-led e-Infrastructure South Consortium that will run both supercomputers.

Vickers' bank reforms aimed at protecting taxpayers from financial crises, have left the public exposed to risky behaviour of bankers.

British insurer announced major changes to senior management and will either sell or close 16 underperforming businesses in a big to shore up cash and boost its share price

Bank of England adds £50bn additional firepower to asset purchase programme

The deal is expected to reduce cost and boost earnings for Volkswagen.

Queen's granddaughter shines with degree result that puts the other members of royal family to shame.

Barclays Libor Scandal: IBTimes UK finds that former Labour ministers, BoE chiefs and some of the largest banks bosses will be in the docks

Thanks to BioWare's decision to extend the game's ending for providing more clarity to the discerning gamers, several questions have been answered concerning the fate of Shepard's crew, their allies, the various alien races and the invading Reapers.

The joint venture in infrastructure is expected to save £200mn for each company over a period of five years.

Eurozone manufacturing and service sector output still weighed down by ongoing political and economic crises.

Slowing growth in UK's service sector, the dominant part of British economy, signals recession may extend into another quarter.

Ex-Barclays CEO Bob Diamond faces Treasury select committee MPs in tough three-hour grilling.

Despite bidding for Dutch firm KPN and Telekom Austria recently, the world's richest man reveals that he is not planning to make any other telecommunications purchases in Europe for now, according to Reuters.