COMPANIES

Search begins for replacement as acting CEO Simon Scott rules himself out of the running.

Under Ratan Tata, group acquired high-profile British brands, including Jaguar Land Rover.

Treasury Secretary's warning on debt ceiling adds further concern to investor's holiday list

Financial analyst Trent Martin faces maximum of 20 years in prison.

Toyota will pay record sum to US customers over vehicle defects.

The Chancellor George Osborne has announced today investment funds totalling £21.5m to go to universities researching possible future commercial uses for Graphene – the recently discovered so-called 'miracle material'.

Harrods to offer discounts of up to 70% in once-a-year in-store bargain sale.

Facebook uses 'Double Irish' method to transfer huge sums.

Number of firms in financial distress increased 35% during Q4 2012.

ArcelorMittal takes an impairment charge of $4.3bn in the fourth quarter due to weakness in the European markets.

Parliamentary Commission on Banking Standards reveals it will focus on the mis-selling of derivatives to SMEs in 2013

Facebook's new move is seen as a way to generate revenue as well as to avoid spamming and unwanted messages.

British defence manufacturer BAE Systems has formally agreed a deal to sell as many as twenty aircraft Oman in a deal worth more than £2.5bn

Shares tumble 11 percent on Japanese carmaker's announcement of recall of 1.2 million cars.

The BBC has been criticised by the Commons Public Accounts Committee and MP's over its excessive pay-out to former BBC director general George Entwistle - who quit in the wake of the Jimmy Savile scandal – saying it was a "cavalier" use of money.

We take a look back at Zynga's annus horribilis

The zombies of financial orgies past include Citi, Bank of America, Merrill Lynch, Bear Sterns, AIG and Countrywide.

Deutsche Bank, JP Morgan, UBS and Depfa Bank guilty of mis-selling swap to Milan city council in landmark case.

Although UBS settled for a record $1.5bn fine and admitted to fraud, Switzerland's biggest bank faces a huge task in reforming its tattered reputation.

Home improvement retail group Kingfisher's chief operating officer Euan Sutherland was appointed the chief executive of the Co-operative Group.

Nick Polland, head of the inquiry into Newsnight and the BBC

Nissan investment of £250m in Sunderland plant to create hundreds of new jobs in the factory and among suppliers.

The CEO of Photo-sharing site Instagram has said that is has no plans to sell users photos. In a blog post Kevin Systrom said that it apologised for confusing users with its update to its terms and conditions yesterday.

The Swiss bank UBS has agreed to pay around $1.5 billion to settle charges that a group of traders at its Japanese unit rigged Libor interest rates.

Porn kingpin accused of dodging tax by paying actors through subsidiary firm.

Photo-sharing site Instagram has changed its privacy policy giving it the right to share users photos without offering any notification. Users will not be able to opt out of the policy unless they delete their accounts by the 16 January deadline.

Lead underwriters on $16bn IPO fined for selectively disclosing sensitive financial data.

US private equity firm to sell off stake in gunmaker Freedom Group, following school massacre.

If you are on the last run for buying Christmas gifts, today is the last time you will find Britain's best known electrical retailer Comet on high streets across the land to get your goodies.