Ardencom Business News
  • EU hits back at Geithner on regulation
    Top European Union officials say the bloc's decision to act on hedge funds is in line with a G20 decision to reinforce transparency, after the US Treasury secretary warned they may lead to protectionism

  • Ex-Cazenove partner jailed for 21 months
    Malcolm Calvert, a former partner of the blue blooded investment bank, has been sentenced to 21 months in prison after being found guilty of insider trading

  • Data theft hits 24,000 HSBC clients
    HSBC has revealed that a former employee stole the personal details of around 24,000 clients of its private bank in Switzerland in a major security breach three years ago.

  • Jitters over economy curtail risk appetite
    Global Markets Overview: Equities mark time as inflation data from China reawaken fears over monetary tightening

  • Dodd moves forward on reform bill
    Chris Dodd, the Senate banking committee chairman, said that he would introduce a financial regulatory reform bill next week in a substantial move forward for one of President Barack Obama’s legislative priorities.

  • BP strikes $7bn Brazil oil deal
    The energy group is set to make its first move into the deep waters off the South American country with a $7bn deal to buy oil and gas assets put up for sale by Devon Energy of the US

  • Plan for high-speed rail network revealed
    The government outlined the likely shape of a future UK high-speed rail network when it unveiled proposals for a £30bn network that would slash rail journey times between London and the UK’s northern cities

  • Greek police fire tear gas at protesters
    Police fired teargas at stone-throwing demonstrators in central Athens at the end of a march by workers taking part in a 24-hour strike to protest against the Socialist government’s economic austerity measures

  • John Lewis staff share £151m bonus
    The mutually owned retailer’s 70,000 staff receive a pay-out of 15% of salary after the owner of the John Lewis department stores and Waitrose supermarkets lifts full-year profit 10%

  • Sarkozy hedges bets on UK election outcome
    President Nicolas Sarkozy and other senior figures in France’s governing UMP party are stepping up their contact with Conservative leader David Cameron and his team