ECONOMY

US Department of Justice announces charges after UBS slapped with $1.5bn fine for manipluating Libor.

IMRG Capgemini's monthly e-Retail Sales Index reported highest-ever sales value in November.

Mark Carney will earn £874,000 a year on Threadneedle Street in the City of London.

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.

Global economic slowdown and European debt crisis remain to be major concerns affecting the business sentiments of top companies in the Asian region.

Minutes from latest Bank of England MPC meeting also shows policymakers think inflation will be above target for most of 2013.

Key reading of German business sentiment rebounds from 2.5 year low in October with second consecutive monthly increase.

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

FSA levies record £160m fine and says at least 45 traders and managers involved in global interbank lending scandal

S&P upgrades Greece's credit rating on the basis of the Europe's efforts to retain Greece's eurozone membership.

Domestic demand expected to boost growth in East Asia and Pacific region despite weak global economy.

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.

Bank of American Merrill Lynch survey shows investors increasingly optimistic about global recovery and China growth potential.

Analysis of cost of festive dinner shows turkey and trimmings more expensive - as are gifts in 12 Days of Christmas.

With inflation expected to ease, Reserve Bank of India will focus on growth.

Office for National Statistics reports inflation still 0.7 percent above government's target for Bank of England.

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

Dozens of UBS employees are said to be implicated as the settlement estimation rises to $1.5bn.

Government set to lose £49.4m in redundancy payments and tax revenues.

Stake sale by AIG ends 100-year-old relationship with Asian insurer.

Illicit financial outflows include corruption money and tax evasion.

Government keen on preventing overheating of market as prices soar.

HBF’s Housing Pipeline report says approvals up 36% to 33,881 homes.

Apple fails to establish infringed features boosted sales of Samsung products.

George Osborne, Britain's Chancellor of the Exchequer, has often of late made reference to the fact that the Coalition Government has already reduced the country's Budget Deficit by a quarter since coming to power. Concentrating on Deficit reduction has not been politically comfortable for the Government with the opposition Labour Party being usually ahead in the opinion polls since late November 2010 - it didn't take long - and a ComRes survey for The Independent at the end of October...

Hotel uses tax breaks for zero corporation tax liability.

Increased competition among mortgage lenders and shrinking supply to drive prices.