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Eurozone crisis: Europes choice to punish or protect

It has been clear for some time what the outlines of a potential deal to save the euro would be. But, contrary to what the more breathless newspaper headlines have suggested, there was no comprehensive deal on the table in Washington this weekend for ...

BOEs Broadbent Moves Closer to Backing QE

LONDON—Bank of England policy maker Ben Broadbent said Monday that he was close to voting for a further round of asset purchases at the BOEs September policy meeting.

Gold loses lustre as haven asset

It wasnt supposed to be like this. Gold, touted as the ultimate haven, was supposed to rise in a crisis. And yet in the past four days, its behaviour has been in line with the riskiest of assets.

Tesco suppliers in price warning

Farmers have warned it would be unacceptable for suppliers to share the pain of Tescos multimillion-pound price-cutting campaign.

Reed Elsevier to Acquire Accuity Holdings for Expansion in Financial Data

Reed Elsevier Plc, the owner of the LexisNexis database, agreed to buy Accuity Holdings Inc. from Investcorp for 343 million pounds ($530 million) in cash.

Defence giants BAE Systems could axe 3000 jobs as military cuts bite

Defence and aerospace giant BAE Systems, Britains biggest manufacturing company, is considering huge redundancies as savage Government spending cuts start to bite.
 
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