BP Nears Deal to Sell Gulf of Mexico Fields to Fund Deepwater Horizon Oil Spill Damages
BP reportedly in advanced discussions with Plains Exploration & Production to sell some of its Gulf of Mexico oilfields.
UBS Trader Accused of Illegal Deals Set to Go on Trial
Kweku Adoboli, former UBS trader, allegedly indulged in illegal trading in various S&P 500, DAX, and EuroStoxx index futures.
EXCLUSIVE: SME Consortium Meets UK Treasury on Banks' Mis-Selling Derivatives
Bully Banks meets Treasury officials to discuss recommendations and aid on UK banks' mis-selling derivatives scandal.
Samsung accused of inhumane factory conditions
An undercover investigation into the world's largest electronics company, Samsung, by the human rights organisation, China Labour Watch, has revealed that abuse of workers is rife.
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Qantas Breaks Off with BA, Signs New Deal With Emirates
Qantas moving its European flights hub to Dubai as well as strengthening its Asian network.
Why UK Should Leave the EU [BLOG]
Never mind the focus on Greece, Chris Clarke explains why UK should leave the European Union.
Libor Fixing Scandal: Barclays Axes US Manager and Trader
Barclays discharged Ritankar Pal and Dong Kun Lee in July due to their role in the Libor scandal, say Reuters citing regulatory filings.
FSA Tackles Banks Sales Rewards to Prevent Mis-Selling
Financial Services Authority's Martin Wheatley wants to clamp down on banks sales incentives.
Tesco Buys Mobcast in Digital Books Foray
Tesco trying to cash in on rising demand for digital content.
McDonald’s To Launch First Vegetarian-Only Restaurants in India
Amritsar and Katra will host the burger giant’s first ever vegetarian-only outlets as it looks to expand Indian market.
Regulatory Deadline Looms for ING to Sell-Off Insurance Business
Dutch bank ING faces deadline to sell-off its Japanese business under agreement from receiving its emergency funding in 2008.
FSA Demands IT Back-up Plans from Britain's Biggest Banks
Financial Services Authority demands nine of UK's largest banks and building societies' disclose contingency plans for IT failure.
Lufthansa Crew to Go on Another Strike
Strike over pay dispute likely to cause widespread disruption in flights.
West Coast Mainline: Delays Expected Following Branson's Challenge
Transport Minister confirms Sir Richard Branson's legal challenge has delayed award of new West Coast contract to FirstGroup.
Glencore Unmovable in Xstrata M&A Deal Terms
Glencore is set to stick to its M&A proposal terms for Xstrata and will not sweeten the deal, say media reports.
Shareholders to Sue RBS and Fred Goodwin over Rights Issue
Shareholder consortium in talks to launch £3.3bn lawsuit against RBS and former senior executives over rights issue.
India's Sahara Group Ordered to Refund £1.9bn
Indian Supreme Court orders Sahara to pay back 174bn rupees (£1.9bn) it raised illegally from small investors.
Lufthansa Crew Strike Leaves Thousands of Passengers Stranded
Airline cancels 207 flights across Europe as well as cities in the US, Tel Aviv and Chennai in India.
Samsung wins patent dispute against Apple in Japan
Samsung has won a patent dispute with Apple in Japan as the judge ruled that the former's smartphones and tablets have not infringed on any of the latter's patents.
JJB up for Sale: Demise of Debt-Addled Sportswear Retailer [ANALYSIS]
JJB up for sale after years of struggling against tumbling profits and growing losses in a challenging environment.
Antony Jenkins: Should Barclays Have a Retail Chief as Leader? [ANALYSIS]
IBTimes looks at whether Barclays appointing head of consumer banking as CEO is right move for the bank.
Money at Risk from Fraud, Complexity and High-Speed Trading [BLOG]
From Ponzi schemes to high-speed trading, hedge fund manager Chris Clarke details why your money is at risk
Barclays Retail Chief Antony Jenkins Replaces Bob Diamond as CEO [VIDEO]
Outgoing chairman Marcus Agius says Jenkins 'excellent track record and intimate knowledge' were the clinching factors.
Barclays Appoints Antony Jenkins as New CEO
The announcement of the new CEO follows a fresh investigation by the Serious Fraud Office into payments between the bank and Qatar Holding LLC.
Spain’s Bankia To Post €4bn Loss
Market analysts expect the state-rescued bank to post €4bn in losses, when it reports its earnings this week
SMEs 'Suffering in Silence' on Bank Account Charges
YouGov finds almost three quarters of smaller businesses rarely or never change banks despite 'unfair' charges and fees.
Barclays Faces SFO Probe on Qatar Fund Payments
Barclays faces another criminal investigation into payments made with Qatar’s sovereign wealth fund.
Hong Kong Securities Regulator Takes Ernst & Young to Court
Securities and Futures Commission tries to get E&Y to turn over accounting records on former China-based client, Standard Water.
Regulation Changes to Cause Spike in UK Companies’ Costs
Survey reveals that over half of companies expect compliance costs to rise 20 percent on raft of regulatory changes.
Virgin Trains Takes Legal Action over Loss of West Coast Franchise
Richard Branson's Virgin Trains tries to overturn decision to award franchise to FirstGroup, but former rail watchdog says Virgin deserved to lose.
Mega-nationals: World's Biggest Companies That Beat National GDPs
Global firms such as Shell, Nokia and ArcelorMittal exceed the GDP of their home country in some cases.
Spain’s Recession Worsens on Austerity Measures
Data shows Spain’s recession worsened after austerity measures hurt spending
Credit Agricole Profits Tumble on Greece Debt Costs
France’s third- largest bank’s profits fell 67 percent on substantial writedowns in Intesa Sanpaolo stake and losses from Greece
G4S Olympics Security Fiasco Cost £50m [VIDEO]
G4S confirms failure to meet London 2012 Olympics contract by not providing enough security will cost firm £50m.
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Fort Stewart Shooter, Location and Casualties: What We Know So Far
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Who Is Peter Alt? Netizens Rally Behind Fire Chief Suspended for Telling Child to 'Shut the Fk Up!'
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US Singer Who Touched Modi's Feet Weighs In on India Tariff Row as Trump Plans 25% Hike — Why It Matters
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Microsoft Cloud Used by Israel's Unit 8200 for Palestinian Surveillance and Airstrike Planning, Leaks Reveal
