ECONOMY

Asian markets outside Japan fell in the week as traders looked for profit-taking and China posted mixed economic indicators

Jessops has been hit by falling demand for digital cameras as high-street customers switch to mobile phones.

NIESR's monthly GDP estimate suggests worse-than-expected figure for final quarter and renews triple-dip recession fears.

Reuters reports JPMorgan faces government order to tighten money laundering policies as it names T. Timothy Ryan to lead global compliance unit.

Spain's GDP shrinks 0.3 percent in the third quarter followed by a 0.4 percent contraction in the second quarter.

ONS report suggests view UK economy contracted in fourth quarter is correct.

Output from the construction sector shrank by 9.8 percent in November, reported the Office for National Statistics.

A US lawmaker has accused Shell of grounding a major oil rig one day before it would have been liable to pay millions of dollars in taxes had it stayed in its original position off the Alaskan coast.

Democratic Congressman Ed Markey claims Shell moved its Kulluk drillship on New Year’s Eve to avoid paying taxes

State-owned lender would be third major bank to admit Libor failings following multimillion pound fines for Barclays and UBS.

Holidays in connection with the Diwali festival have pulled down India's factory output in November.

China's coldest winter in 28 years has pushed up food prices, taking inflation rate to seven-month high.

The newly elected Japanese government has approved a fresh stimulus package worth 10.3 trillion yen, or $116bnm in a bid to boost the country's ailing economy in the face of continuing weak external demand.

Japan's 10.3trn yen stimulus package intends to boost business investments and infrastructure development.

Japan's Nikkei bucks trend with new highs while most Asian markets edge lower on China's inflation data.

Britain's retail sector ends painful 2012 with bad start to 2013, though online shopping offers some hope.

Britain's FTSE 100 holds near May 2008 high as Tesco Christmas sales figures boost benchmark.

MPC leaves key rate unchanged and holds fire on QE printing presses in January.

Spain's first bond sale of 2013 draws strong demand as Treasury raises and extra €1.8bn in three-part auction.

Morgan Stanley plans to cut some of the highly paid jobs in the level of managing directors and executive directors.

Ex-UBS CEO Marcel Rohner and former FSA chief Sir Hector Sants face MPs' probe into Libor rigging

RICS survey indicates optimism in construction sector as workloads picked up in the final quarter of 2012.

ONS will maintain RPI, sending UK 10-year inflation-linked gilts to record low.

Rolls-Royce retains its position as market leader in the ultra- luxury segment despite tough macro-economic and industry conditions.

Increase in exports contributed by higher shipments to US, EU, Hong Kong, ASEAN and Taiwan after dipping in November.

Tesco has announced its best domestic holiday sales in three years, as Britain's biggest retailer remained the top supermarket destination over the Christmas period.

Iconic British retailer posts its six consecutive quarterly sales fall despite record £330m in Christmas food haul.

Britain's FTSE 100 tests four and a half year highs as banks and miners lift benchmark to 6,100 level.

Geek Speak: Where Are We Now? and first album in 10 years may be more to do with paying up on Bowie Bonds.