Business and financial news
Silver State joins the banking casualties in the US
Silver State, the Nevada-based bank that had John McCain's son on its board
until July, has become the eleventh bank in the United States to fail this
year after losses from souring house loans and land forced regulators to
shut it down.
Categories: Business and financial news
VIDEO: QE 'will hit annuities'
The Bank of England's decision to extend its quantitative easing programme by £50bn is bad news for people who are about to buy an annuity, according to Saga's Ros Altman.
Categories: Business and financial news
ECB leaves euro rates unchanged
The European Central Bank leaves its benchmark interest rate unchanged at 1.0% at its latest monthly meeting.
Categories: Business and financial news
Bank injects £50bn into economy
The Bank of England agrees to extend its quantitative easing programme by £50bn to give a further boost to the UK economy.
Categories: Business and financial news
New doubt over Greek bailout plan
Greek politicians fail to reach full agreement on austerity measures needed for bailout deal as Eurozone finance ministers gather in Brussels.
Categories: Business and financial news
Ribadu welcomes Nigeria oil post
Nigeria's ex-corruption chief Nuhu Ribadu says he views his appointment as chair of a new task force to police the oil sector as a national calling.
Categories: Business and financial news
Repossessions 'lowest since 2007'
A total of 36,200 homes were repossessed in 2011 - the lowest annual total since 2007, mortgage lenders say.
Categories: Business and financial news
Fees and poor choices corroding UK pension pots
LONDON (Reuters) - Failure to shop around for pension and annuity deals will deprive some Britons of up to a quarter of the income they could have secured in retirement, forcing them to work longer, a report released on Thursday shows.
Categories: Business and financial news
VIDEO: Interest rates decision due
The Bank of England is due to announce its latest decision on interest rates, which are expected to remain unchanged.
Categories: Business and financial news
VIDEO: Cost of church wedding going up
The cost of a Church of England wedding is rising after church members voted to put up the fee for getting married from £296 to £415.
Categories: Business and financial news
UK trade gap smallest since 2003
The UK's trade deficit fell to £1.1bn in December, its lowest monthly level for more than eight years.
Categories: Business and financial news
AUDIO: Do quotas for women on boards work?
Maggie Pagano, former business editor of the Independent newspaper, and Karima Serageldin, director at Ariadne Capital, discuss whether board room quotas work.
Categories: Business and financial news
Rolls-Royce makes record profits
Aircraft engine maker Rolls-Royce has reported orders, sales and profits at record levels thanks to airline expansion.
Categories: Business and financial news
US mortgage deal nears agreement
Some of the biggest US banks are said to be close to agreeing a multi-billion dollar settlement with the US government.
Categories: Business and financial news
Daimler achieves record results
German car and truck maker Daimler posts record sales and profits in 2011, with the promise of more to come.
Categories: Business and financial news
Vodafone hit by eurozone crisis
Mobile phone operator Vodafone's revenue growth is held back by weak trading in some eurozone countries.
Categories: Business and financial news
Greek parties fail to agree cuts
Greece's PM says more talks are needed on fresh austerity proposals for a new bailout package, as euro finance ministers prepare to meet.
Categories: Business and financial news
VIDEO: Rental property danger claim
The housing charity, Shelter, is calling for greater protection for tenants after more than 80,000 complained about private landlords last year
Categories: Business and financial news
Rio Tinto reports 59% profit fall
Rio Tinto chief to forgo bonus as miner reports a 59% dip in profit after writing down the value of its Alcan aluminium business by $8.9bn.
Categories: Business and financial news
Credit Suisse tumbles into loss
Switzerland's second largest bank, Credit Suisse, reports a fourth quarter loss of 637m Swiss francs ($698m; £440m).
Categories: Business and financial news
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