UK juddering down a rockier policy path than the US
Its natural in a crisis to blame the leader. With their fevered talk of decapitation, Labour politicians are only doing what all rational people do when disaster strikes panic. But I wonder whether all this speculation about the inadequacies of the Prime Minister is not missing a slightly larger point about the present circumstances. I have no doubt that Gordon Brown has his political weaknesses, but even a casual observer cannot help but notice that Labours real problems are rooted in something much deeper than who lives at 10 Downing Street.
UBS seeks SwFr16 billion amid fears of further losses
UBS is expecting more losses from its property exposure as the banks troubles widen beyond the United States to mortgage business in other countries.
Deutsche Bahn on track for November float
The partial privatisation of Deutsche Bahn, Europes biggest rail and logistics company, is set to begin on November 5.
TCI targets J-Power shareholders in fight
The Childrens Investment Fund (TCI), a British hedge fund, has stepped up its campaign to force change at Japan's electricity supplier, weeks after the Japanese government blocked its attempt to double its stake.
Reliance Communications seeks grand alliance with MTN
Reliance Communications, Indias second-largest mobile company, wants to forge a grand strategic alliance with MTN, Africas largest wireless group, that would cover a third of the worlds population but fall short of a full merger of the two emerging markets groups.
Soaring energy prices 'force up cost of food'
One of Britains biggest food producers has given warning that spiralling energy prices will soon push up the cost of everyday products such as pizzas and biscuits.
Transport for London takes over Metronet
Metronet, the failed Tube maintenance company, was taken over by Transport for London (TfL), the Mayor of London's transport authority, today.
HSBC chief calls for interest rate increase
The chief executive of HSBC has called on the Bank of England and the European Central Bank to raise interest rates to combat the inflationary pressure sweeping the Continent.
Moss Bros shares plunge as Baugur scraps bid
Baugur, the Icelandic investment group, has scrapped its
Banks slow to adopt same-day payment system
Banks were today accused of dragging their feet over the long-awaited introduction of a same-day cash transfer system, with only eight banks out of a possible 70 putting the plan into action.
McCanns ponder return to Praia da Luz
Leicestershire police reinterview Tapas 7 as McCann's contemplate return to Portugal to stage reconstruction of events
M&S's Sir Stuart Rose moves to end karaoke stake row
Sir Stuart Rose, chief executive of Marks and Spencer, is to sell his
Terrorists tried to crash jet, China claims
China Southern airline employees said to have prevented attack by group plotting to target Olympics