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Ex-BP Engineer Deleted Evidence on Oil Spill

BP Gulf of Mexico Oil Spill Coverup Case: Former Engineer Kurt Mix 'Deleted Evidence'

Engineer who led Gulf of Mexico oilwell capping operation hid scale of disaster, prosecutors allege.

European Markets Outside Spain Drop on EC Decision To Fine Banks

Most European markets trade higher on 4 November

Barclays, Deutsche Bank, Société Générale, RBS, UBS, JPMorgan, Citigroup and RP Martin face fines.

US Lobby Groups Join UK Government Against BP Environmental Ban

The British government and American trade groups tell a US court that the US EPA ban against BP is unfair

Contract ban condemned as former BP engineer Kurt Mix's trial begins.

Americans Prepare for Another US Government Shutdown in 2014

National public opinion poll shows two thirds of Americans think there will be another shutdown.

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BP Wins US Appeals Court Order Halting Some Gulf Spill Payments

Gulf of Mexico Oil Spill: BP Wins US Appeals Court Order Halting Some Spill Payments

Ruling overturns US District Judge Carl Barbier's decision, upholding settlement administrator's evaluation methods.

RBS to Compensate Customers as Who Suffered from Banking Failure (Photo: Reuters)

RBS to Compensate Customers Hit by Banking Failure

Bank customers still reporting they cannot purchase goods or receive payments.

RBS and Natwest Customers Suffer from Online Banking, ATMs, Debit Payments Outage

Customers report that they cannot access online banking services, pay for goods by card or Paypal

China's IPO Reforms Boost Financial Stocks

Chinese Financial Stocks Surge on Beijing's IPO Reforms

Brokerage and insurance firms rally as over 760 firms can potentially list in China.

PNC’s Christmas Price Index shows gift costs from ‘The Twelve Days of Christmas’ surge (Photo: Reuters)

The 12 Days of Christmas Costs 7.7% More in 2013

PNC's Christmas Price Index shows gift costs from 'The Twelve Days of Christmas' surge year-on-year

China's Dagong sees US ratings downgrade

US Could Face Credit Rating Downgrades: Dagong Global Credit Rating

The US could print huge amounts of dollars to repay its debt says Dagong's Guan Jianzhong.

According to an alleged leaked report in the Sunday Times, RBS bankers will rake in half a billion pounds this year (Photo: Reuters)

RBS Banker Bonus Pool Reaches £500m in 2013 [VIDEO]

RBS settled over Libor fixing fines, change in management and damning criticism from Lawrence Tomlinson.

Thames Water has already raised prices by 5.5% earlier this year. (Photo: Reuters)

Thames Water Aims for 11% Price Hike Despite Ofwat Veto

Water giant wants to raise prices by 11% between 2015 and 2020.

Britain Lands Benchmark China Yuan Clearing Services Hub with Standard Chartered [VIDEO]

Standard Chartered to work with Chinese Agricultural Bank on yuan clearing services in London.

Deutsche Bank Slashes Stock Recommendations as Centrica and SSE Pledge Price Cuts

Deutsche Bank research note amends target prices for two of the Big Six following price pledges

Cyber Weekend has raked in a record amount of online sales this year but is it a question of quality versus quantity, say askherfriends.com (Photo: Reuters)

Cyber Weekend: Top 10 Worst Christmas Gifts Women Have Received

AskHerFriends.com poll shows the most bizarre gifts women have received for Christmas

Danone Could Pursue Legal Action Over Dairy Recall - Fonterra CEO

Danone Could Pursue Legal Action Against Fonterra Over Dairy Recall

Danone demands €350m in compensation and talks remain inconclusive.

Britain’s government has pledged to cut energy bills by £50 a year, via a series of measures, while a number of the UK’s ‘Big Six’ energy companies have revealed that they are either slashing household bills or not raising prices until 2015. (Photo: Reute

UK Government Pledges to Slash Energy Bills as 'Big Six' Start Fixing or Reducing Prices

Npower and EDF pledge to freeze prices until spring 2015.

Black Friday, the first day of shopping after Thanksgiving Day in the United States, online spending hit a record high of $1.2bn (Photo; Reuters)

Black Friday E-Commerce Hits $1.2bn as Customers Avoid Long Lines and Punch-ups

Online spending reached a record high as consumers planned to avoid shopping day violence

The US' Department of Justice is not planning to hit European Union banks with penalties even if they are found to have attempted to prevent the competitions from entering the credit default swaps market. (Photo: Reuters)

US Plans Will Not Penalise Banks in Swaps Investigation

Department of Justice nearing end of competition probe.

Lush Battles Amazon over Search Terms and 'Piracy Capitalism'

Ethical beauty products company Lush sues Amazon for copyright infringement and 'bullying' tactics.

Lawrence Tomlinson, government adviser, claims that the Royal Bank of Scotland engineered businesses into default while profiting from their struggles. (Photo: Reuters)

FCA Urges Bank Pledge of Clean Practices in Wake of RBS Business Squeeze Claims

Regulator asks banks to confirm they have not engaged in poor practices after Lawrence Tomlinson claims.

Corporate Manslaughter: The Boardroom Issue You Can't Afford to Ignore

De Poel's head of legal warns companies that ignorance is not an excuse

A massive fire has destroyed one of Bangladesh’s largest garment factories, which supplies major Western brands such as Gap and Walmart (Photo: Reuters)

Walmart Supply Factory in Bangladesh Set on Fire on Rumours Worker Shot Dead by Police [VIDEO]

18,000 jobs at risk after Standard Group factory which supplies Gap, Walmart and Inditex set ablaze in Gazipur.

A rise in fixed salaries, monthly allowances and other incentives has led to 10,000 bankers taking home €500,000 a year (Photo: Reuters)

Bank Bonus Caps: 10,000 Europeans Take Home €500,000 in Salary

Fixed pay and monthly allowances rise as banks seek to counteract bonus caps

Co-op Bank's Largest Hedge Fund Investor Aurelius Capital Sells Stake Amid Paul Flowers Scandal (Photo: Reuters)

Co-op Bank's Largest Hedge Fund Investor Sells Stake Amid Paul Flowers Scandal

Former Co-op chairman was found to be embroiled in an illegal drugs and orgy scandal

Samsung Teaser Video Hints Metal-Clad Smartphone; Debut 9 December

Samsung's $14bn is 'Biggest Marketing Budget in History'

Samsung will have spent $14bn on marketing and promotion in 2013 - more than Iceland's total GDP.

Paul Flowers’ Sex and Drugs Scandal Makes Co-op Lose Customers (Photo: Reuters)

Paul Flowers' Sex and Drugs Scandal Loses Co-op Customers

Co-op Bank says 'Crystal Methodist' scandal has led to rise in customers switching accounts

UBS Restructures FX Unit as Co-Head Chris Vogelgesang Steps Down

Internal memo comes amid the global FX fixing scandal investigations

Alliance Boots Refutes Tax Avoidance Compaint by War on Want to OECD

War on Want and Change to Win file complaint with OECD claiming pharmacist breached tax and disclosure guides.

Royal Mail Shares: Goldman Sachs Sets 610p Target Price Despite 330p IPO Advice

US investment bank advised UK government on Royal Mail's controversial 330p offer price.

Japan's financial regulator is considering stripping oversight for setting of the yen benchmark interest rate Tibor (Photo: Reuters)

Rate Fixing Scandal: Japan Considers Shifting Tibor Oversight Responsibility to Regulator

Financial regulator could strip oversight for setting yen benchmark interest rate Tibor from banks.

Libor fixing scandal: The US' Financial Industry Regulatory Authority has ordered Barclays Capital to pay New York based trader Dong Kun Lee $2.1m (Stock Photo: Reuters)

Libor Fixing Scandal: Barclays Pays Fired NY Trader Dong Kun Lee $2.1m

The US Financial Industry Regulatory Authority orders Barclays Capital to pay millions in damages

US Face Cheaper Thanksgiving Dinners and Less Christmas Presents in 2013 (Photo: Reuters)

US Face Cheaper Thanksgiving 2013 Dinners and Fewer Christmas Presents

Americans can enjoy their Thanksgiving feasts for less cash this year

UK Accountants Eye Christmas Bonuses Worth 18% of Salaries

Specialist financial recruiter Marks Sattin say the average expected bonus will rise to £11,587

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