BREAKING NEWS

  • US weekly jobless claims unchanged at 351,000, continuing claims fall to 3.39m
From COMPANIES 1:44pm

Hester defends RBS banker bonuses

People walk past an RBS branch

Chief executive says pay must remain competitive

From MARKETS 11:30am

Euro denominated oil hits record

Brent reaches €93.63 prompting talk of ‘regional oil shock’

From WORLD 10:01am

China pushes capital control reforms

Report outlines path to a critical reform for the economy

From GLOBAL ECONOMY 12:46pm

Europe slips into ‘mild’ recession

European Commission revises down 2012 growth forecasts

BP oil spill From COMPANIES 7:08am

BP and Anadarko liable for spill damages

Judge rules companies must pay out for 2010 Macondo disaster

From COMPANIES 9:21am

Commerzbank debt swap to boost capital

German lender seeks to shore up balance sheet

From WORLD 12:48am

Obama and Romney unveil rival tax plans

Proposals show strong support for reform

From COMPANIES 9:29am

T-Mobile USA decline weighs on D Telekom

German telecoms group suffers €3.3bn impairment loss

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