BUSINESS

Former financial titan due to appear before Treasury select committee to give evidence on Libor scandal.

Record fines, resignations, public apologies and embarrassing inquiries - just another week of tarnished reputations for British businesses

Deputy Governor Paul Tucker named in Barclays memo from Bob Diamond to John Varley

Apple is expected to launch a new 7.85in iPad mini in October 2012

Del Missier, Barclays chief operating officer, is yet another executive at the bank to step down in the wake of the Libor rate-fixing scandal.

Corporate barrister Owen Watkins tells IBTimes UK that Barclays' newly resigned CEO Bob Diamond and individuals involved in rate-fixing scandal may avoid UK criminal proceedings.

With the twin resignations of CEO Bob Diamond and Chairman Marcus Agius, the IBTimes UK look at the the challenges the bank faces as bank's crisis continues

Candidates include current and former Barclays executives as search campaign begins

Barclays CEO Bob Diamond will leave his role with immediate effect, several days since regulators in the US and UK fined Barclays £290m ($450m) over allegations of rigging the London Interbank Offered Rate, or Libor.

Departure follows resignation of chairman Marcus Agius amid growing row over Libor scandal

Microsoft expected to post loss for fourth quarter as it takes $6.2bn charge.

UK pharmaceutical giant GlaxoSmithKline will plead guilty and pay a record breaking $3bn, to settle the largest case of healthcare fraud in US history.

Concept developed by lead researcher Mark Changizi during his study of colour vision in primates while at CalTech.

The industry body demands bold government action, including the creation of a business bank, to boost economic growth.

Barclays Chief Executive Bob Diamond has announced his resignation this morning with immediate effect, over an interest rate-rigging scandal.

Chancellor George Osborne says austerity is why gilt yields have hit record lows, but IBTimes UK explores the bigger reasons for Britain's low cost of borrowing.

Markets hold onto gains as Unemployment around the region hits record and manufacturing shrinks

June purchasing managers index data shows that UK manufacturing output did not recover out of a contraction from its three-year-low in May.

Resignation of chairman Marcus Agius likely to intensify calls for CEO Bob Diamond to step down in fallout from Libor-fixing scandal.

Europe's stock markets rose to two-month highs to kick-off trading for the second half of the year after better-than-expected economic data from Asia and at home helped build on gains from the conclusion of last week's Leaders Summit in Brussels.

His resignation comes after the bank was fined £290 million for trying to tweak Libor.

Marcus Agius, chairman of British bank Barclays, has resigned due to the company’s involvement in the Libor scandal.

Critical stage of experiment carried out for the first time to monitor what might happen if CO2 leaks from an underground storage reservoir successfully completed.

Samsung Galaxy Nexus attracts a sales ban in US following a Californian judge ruling in favour of Apple in the ensuing patent dispute.

Europe's problems would affect the rest of the world including the US if the region does not come out with a solution to the crisis, says Alan Greenspan.

BioWare did put in several months of hard labour in the making of Extended Cut DLC in its attempt to fix the broken endings and plug the plotholes to minimise ambiguity. Nevertheless, there still seem to be several questions unanswered with the extended ending.

The Labour leader proposes a new code of conduct for bankers, a new professional standards board to look into their answers as well as quicker and easier prosecution of wrongdoers.

Foster evaded detection for several years as he continued to wire money to his personal account by making false account filing.

Gazprom posts a record profit for a second year in a row and becomes the most profitable energy company in the world.