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BBC - Business

Markets climb in volatile trade

Tue, 07 Oct 2008 12:06:14 GMT

European and Asian markets show volatility as worries persist over the strength of financial institutions.

Lehman Bros head took home $300m

Tue, 07 Oct 2008 02:44:09 GMT

The head of failed US bank Lehman Brothers tells Congress he took home $300m (£172.6m) over the past eight years.

Australia slashes interest rates

Tue, 07 Oct 2008 06:56:03 GMT

Australia's central bank cuts its key interest rate from 7% to 6% - a much bigger-than-expected reduction.

Japan holds interest rate at 0.5%

Tue, 07 Oct 2008 06:09:50 GMT

Japan keeps its key interest rate at 0.5% for the 20th consecutive month - amid continued worries about the global financial crisis.

UK economy 'already in recession'

Tue, 07 Oct 2008 09:40:33 GMT

Britain is already in a recession, which is worsening and requires urgent action, business leaders warn in a quarterly survey.

Battle over Wachovia intensifies

Mon, 06 Oct 2008 21:31:46 GMT

US financial giant Citigroup sues Well Fargo and its takeover target Wachovia for $60bn (£34bn).

Aer Lingus cuts up to 1,500 jobs

Mon, 06 Oct 2008 20:36:45 GMT

Unions are to ballot for all-out industrial action as Aer Lingus announces plans to cut up to 1,500 jobs.

Oil price dips below $90 a barrel

Mon, 06 Oct 2008 21:23:44 GMT

Oil prices fall to an eight-month low of less than US $90 a barrel and shares on Gulf stock markets fall sharply.

Starbucks denies it wastes water

Mon, 06 Oct 2008 12:26:22 GMT

US coffee-shop chain Starbucks defends itself against claims of a serious waste of water by leaving taps running in its stores all day.

Dollar dilemma. Why Mexican immigrants in the US are sending less cash back home.

Wed, 01 Oct 2008 16:38:47 GMT

The slower US economy sparks a sharp drop in the money Mexican migrants are sending home, official figures show.

Guidelines for financial journalists

Fri, 01 Jul 2005 14:38:13 GMT

Warning sign

Mon, 06 Oct 2008 23:02:50 GMT

A financial adviser aged 96 recalls the Wall Street Crash

Social revolution

Mon, 06 Oct 2008 23:04:08 GMT

The UK's new breed of caring, sharing entrepreneurs

Playing it safe

Tue, 07 Oct 2008 10:56:09 GMT

How Japan sidesteps fallout from economic crisis

Silicon success

Mon, 06 Oct 2008 23:02:27 GMT

What lies behind Israel's booming hi-tech economy

Robert Peston

Tue, 07 Oct 2008 09:17:53 GMT

It's certainly looking hairy on the markets

The big chill

Mon, 06 Oct 2008 08:41:22 GMT

Iceland catches a cold from frozen money markets

EU finance chiefs in crisis talks

Tue, 07 Oct 2008 11:49:55 GMT

EU finance ministers are set to discuss increasing the guarantees for bank savings accounts in global crisis talks.

Rogue trader pins crisis on banks

Tue, 07 Oct 2008 09:48:21 GMT

Former rogue trader Nick Leeson pins the blame for the current financial crisis on banks and government.

Banks' share prices fall sharply

Tue, 07 Oct 2008 11:03:20 GMT

Banking shares fall sharply in London amid news that bank bosses held funding talks with the government.

Icesave savers warned on accounts

Tue, 07 Oct 2008 12:24:44 GMT

Iceland's government takes control of the country's second largest bank, Landsbanki, which owns Icesave in the UK.

Xstrata cancels £5bn Lonmin bid

Wed, 01 Oct 2008 11:19:13 GMT

Mining group Xstrata walks away from its £5bn bid for rival Lonmin because of the credit crisis.

Zimbabwean bank issues new notes

Mon, 29 Sep 2008 12:33:48 GMT

The Zimbabwean government issues higher denomination banknotes to tackle a shortage of cash.

US job cuts at a five-year high

Fri, 03 Oct 2008 13:07:36 GMT

US employers cut 159,000 jobs in September, the most in more than five years, Labor Department's figures show.

Car firms see sales plunge in US

Thu, 02 Oct 2008 06:38:46 GMT

US car sales fell sharply last month, the latest sign that woes in the financial sector are spreading to the wider economy.

Watchdog backs giant mining deal

Wed, 01 Oct 2008 06:34:16 GMT

BHP Billiton's proposed $114bn hostile bid for rival mining giant Rio Tinto is cleared by Australia's competition watchdog.

Japan agrees stimulus package

Mon, 29 Sep 2008 06:59:57 GMT

Japan's cabinet agrees new funding to stimulate the economy, and Prime Minister Taro Aso also offers tax cuts.

Falls halt Russian market trading

Tue, 07 Oct 2008 10:07:16 GMT

Russia's two leading stock exchanges are forced to close for several hours, a day after suffering huge index falls.

Netherlands to buy Fortis assets

Fri, 03 Oct 2008 17:20:35 GMT

The Netherlands takes control of the Dutch operations of ailing financial giant Fortis in a deal worth 16.8bn euros.

Record one-day jump in oil price

Mon, 22 Sep 2008 20:44:51 GMT

The price of oil has jumped by more than $16 to $120 a barrel in the US, the biggest one-day gain on record.

Oil falls amid economic concerns

Tue, 16 Sep 2008 21:03:31 GMT

Oil prices decline further amid concerns that a slowdown in the global economy will dent demand.

US bans key Indian drug imports

Wed, 17 Sep 2008 05:57:52 GMT

The US FDA says it has banned the import of more than 30 generic drugs made by Indian drug firm Ranbaxy.

Pakistan sees wider trade deficit

Wed, 10 Sep 2008 16:40:05 GMT

Export disruption causes trade gap between Pakistan and the rest of the world to widen in August.

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