COMPANIES

The hedge fund firm shares fall sharply, after clients withdraw billions of dollars from it for the fifth consecutive quarter.

Citigroup's Steve Englander argues Greece leaving the Euro is not an option and the cost of a break up would be "tremendous"

UK financial services minister Greg Clark confirms that Britain will change the law to reform the Libor

FX specialists debate on whether the US Federal Reserve is intentionally weakening the dollar, resulting in a ‘currency war’.

Legendary chairman of Goldman Sachs Asset Management says a union of several emerging markets are looking to set up a development bank

Citigroup chief executive Vikram Pandit has surprised Wall Street by resigning with immediate effect.

Following the US investigation, other nations have also began examining the alleged national security issues in doing business with Huawei and ZTE.

Intel's invincibility is starting to wane, as the world's largest computer-chip maker has announced in the third quarter a 14% fall in profit compared to the same time last year.

Coca-Cola sales in China record fall of six percent year on year, raising concerns of slowdown in the world's second largest economy.

Starbucks made £398 million in sales last year yet paid noting in UK corporation tax.

We Found Love hitmaker also said to be planning a mini-set for fans at east London shopping centre.

1,800 people have had to be evacuated from a food factory in Germany after a chemical leak. Acid and alkaline leaked from a tank at the Kraft factory in Hanover causing a cloud of poisonous gas to drift across the site and miles beyond.

House of Lords to Question Barclays, RBS and Lloyds on EU banking reform and the impact it will have on the UK

Future Financial Conduct Authority chiefs talks in detail about changes being made to improving the UK's financial services industry for consumers

Fall in demand for Corolla, Crown, RAV4 and Vios cars follows anti-Japanese sentiments over disputed Senkaku islands.

The European Union has demanded that internet search giant Google revise its privacy policy, saying that that the company should be clearer about what data it is collecting and for what purpose.

de Castro follows Marissa Mayer, who moved from Google to become Yahoo's CEO earlier this year.

Three-year probe into collapse of Icelandic bank Kaupthing abandoned because of lack of evidence.

US economists Roth and Shapley win coveted 2012 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel

RBS leads the losers in FTSE 100, following the collapse of its branch sale to Banco Santander.

Italian yacht maker Ferretti and Industrial and Commercial Bank of China sign deal to finance potential yacht buyers.

Case relates to non-payment of bills covering airport user charges in the southern Indian city of Hyderabad.

Company expenses systems used to incentivise sustainability and cut costs while engaging staff with gamification techniques.

Conservative, Labour, Lib Dem and other political parties all want a dedicated inquiry into the mis-selling of derivatives and the FSA agreement

British households could be in for a long winter, as energy companies Npower and British Gas have both announced that there will be big rises in the price of gas and electricity.

Three of the UK’s largest banks face questions about European Union banking reform from the House of Lords Committee

UK’s FSA chief says regulator failed banking industry and public through bad rules and poor supervision, and adds: 'We have to do better'.

Court finds no evidence that links consumer demand and alleged infringing feature of Galaxy Nexus.

Chinese sales impacted by slowing economy and upcoming change in Communist Party set-up.