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Move to block BP from US drilling
BP would be blocked from winning future drilling permits in the US because of its safety record under energy legislation passed by the House of Representatives
Pakistan security talks with UK cancelled
High level security official cancels visit to UK after Cameron?s comments accusing Pakistan of continuing to sponsor Islamic militants
Lloyds to lead way with £1bn in profits
The fortunes of Britain?s biggest banks have undergone a startling turnround, with profit growth at state-backed Lloyds set to eclipse that of the former industry star Barclays when first-half results are disclosed next week
CKI snaps up EDF Energy Networks
Asia?s wealthiest man is to buy the UK electricity distribution business of France?s EDF for £5.8bn in what is set to be the biggest European investment by Hong Kong companies on record
US growth slows in second quarter
US growth slowed to an annualised rate of 2.4 per cent in the second quarter but robust business demand suggested that the economy would avoid a feared ?double dip? that could drag the world back into recession
Dudley visit to mend fences with TNK-BP
Bob Dudley, BP?s incoming chief executive, will fly to Moscow to meet shareholders in its Russian joint venture TNK-BP, a visit that will underscore a thawing in relations between the two companies
The world?s banks take a holiday from regulation
As they break for the summer with their bonuses intact, bankers reflect that it could have been a lot worse, writes John Gapper
Higher tax threat to final salary pensions
Thousands of people on middle incomes risk paying more taxes after the government introduces sweeping changes to the pension system next year
China closer to becoming second-largest economy
A senior Beijing official?s reference to China as the ?world?s second-largest economy? has sparked excited speculation that Asia?s new powerhouse may have already reached a long-looming milestone by surpassing Japan
Lloyds to lead way with £1bn in profits
The fortunes of Britain?s biggest banks have undergone a startling turnround, with profit growth at state-backed Lloyds set to eclipse that of the former industry star Barclays when first-half results are disclosed next week
Strikes and ash take their toll on BA
After losing almost £1bn in the past two years, the flag carrier said pre-tax losses for the three months to the end of June had been £164m
Hollywood theme park scripted for India
Reliance Big Entertainment and Universal Studios are close to signing an agreement to build a $1.5bn film-themed resort with a Bollywood twist
Dudley visit to mend fences with TNK-BP
Bob Dudley, BP?s incoming chief executive, will fly to Moscow to meet shareholders in its Russian joint venture TNK-BP, a visit that will underscore a thawing in relations between the two companies
Sage quits ?600m TeamSystem takeover battle
The surprise decision by the accounting software group has left the door open to HgCapital and Cinven, the remaining private equity bidders
CKI snaps up EDF Energy Networks
Asia?s wealthiest man is to buy the UK electricity distribution business of France?s EDF for £5.8bn in what is set to be the biggest European investment by Hong Kong companies on record
Nokia Siemens seeks private equity boost
Blackstone and TPG are among those in talks with NSN, the joint venture, about investing $1bn for a minority stake in the mobile infrastructure company
Deripaska steps up battle with Norilsk
The Russian metals tycoon says Norilsk Nickel?s management had failed to follow basic corporate governance procedures and that he would call for its replacement after a shareholder meeting
Trading downturn hits Nomura profits
Nomura, the Japanese bank, reported an 80-per-cent plunge in quarterly net profit on Friday, joining western rivals in suffering from a broad downturn in trading and underwriting activity
Motorola cuts 3,000 jobs and delays spin-off
Motorola is cutting 3,000 jobs and delaying the spin-off of its loss-making mobile phone business after suffering a $397m loss in the third quarter amid a dramatic fall in handset sales
Chipmaker warns of global sales decline
TSMC chief executive says industry revenues in 2009 will fall by up to 10% in 'an unusually challenging environment' amid the financial crisis
Netbooks lead computer growth
Despite the downturn in the economy, an unexpected surge in global consumer demand for 'netbooks' or mini-notebooks, has turned them into one of the hottest new consumer-tech products in years
Mobile makers braced for painful 2009
The world's leading mobile phone makers are braced for a painful 2009 after warnings that sales of handsets could fall sharply for the first time in eight years
Microsoft looks to cloud to open new windows
If Microsoft fails to lay out a compelling plan for how it will adapt to the new world of internet-based computing, it would add to a nagging concerns that the company is falling behind in the biggest transition to hit information technology in years
Microsoft results offer hope to tech sector
Microsoft is weathering the economic downturn better than expected, with sales in the three months to the end of September topping Wall Street estimates, according to new figures
Amazon wins over sceptics about web services
When Amazon Web Services was launched in March 2006, investors thought the hundreds of millions of dollars the retailer was spending to build up its infrastructure and hire engineers were hard to justify. Today the move seems less contentious
Sony slashes forecast on strong yen
Sony blamed an economic change "defying imagination" as it slashed its profit forecasts, raising fears that it could even slide into losses in the second half of this year unless the euro recovers against the yen
Google Russian purchase blocked
Moscow antitrust body steps in to $140m pursuit of Russian advertising business that would have raised search company's profile
| Investors drop risk after US GDP data
Global Markets Overview: The FTSE All-World index is down 0.5% following a lower-than-forecast GDP growth report for the US, and the yen and short-term US Treasuries are seeing record demand
Growth fears leave Wall Street flat
Wall Street finished flat after spending most of the day in negative territory because of concerns about the slowing rate of economic growth
Weak growth weighs on dollar
The dollar fell below Y86 for the first time in eight months on Friday as mounting concerns about the US economy led to broader weakness for the greenback
Stage set for Fed bond ?strippers? to perform
?Strips?, bonds that have been ?stripped? of their interest payments until maturity, tend to outperform regular bonds when interest rates fall sharply
Steady hand required for BP to regain its glory
Carl-Henric Svanberg has the daunting task of making a new investment case
BP move forces trusts to reduce returns
Investment trusts are being forced to cut pay-outs or dip into their reserves to fill the hole left by the suspension of BP?s dividend
Wellstream in frame as takeover talk swirls
London?s oil services companies were in focus as Royal Bank of Scotland raised the prospect of renewed takeover activity in the sector
Coffee surges on poor Colombian harvests
Coffee prices hit their highest level in 12 years on the back of low availability of premium Arabica coffee j
HTC spearheads Taiwan gains
Company earnings from Asia and the US beat expectations but indices relinquished some ground on Friday
TV chiefs get more lather from soaps
?Hollyoaks? shows how to branch out digitally
Text that is as good as your word
Dragon?s latest version of NaturallySpeaking is an impressive advance in voice recognition and control for PCs
20 questions: Peter Hargreaves
Hargreaves Lansdowne chief says ?exploding is good for you?
Nuanced portrait of an ambitious tycoon
Ranked by Forbes magazine as the 258th richest person in the world, Denis O?Brien made most of his $3.5bn net worth from telecoms
How National Trust gets a helping hand
A model for the ?Big Society?, the charitable body has become more professional while relying on volunteers
Notes from outside
Martin is happy that Conrad Black is finally free and offers to give him tips on how to adjust to the big wide world
BBC does business a dramatic disservice
It takes little imagination to produce shows like ?The Apprentice? and ?Dragons? Den?, which pander to popular misconceptions
The queen of the wax jacket
Bereavement propelled Dame Margaret Barbour into transforming a niche maker of waterproofs into a must-have accessory for London?s Sloane Rangers and a global brand
Should Steve Jobs be more apologetic?
Apple?s chief has drawn criticism for not appearing sufficiently sorry over the problems with the iPhone 4
US GDP
Investors can be pretty sure America?s economy is growing, but whether it is speeding up or slowing down is less certain
Charles River / Wuxi
The deal seemed exceptionally bullish for a target with falling gross margins and declining sales growth
Heavy industry
The latest crop of quarterly earnings shows sector in rude health
Graduate jobs
Investment banks are having trouble attracting university leavers
European media
Companies have renewed confidence, but momentum will be difficult to sustain
Metro Bank
A new contender in UK banking opens its doors ? with one branch
Panasonic: Going green
Japanese electronics company is in search of a niche it can dominate
Colgate-Palmolive
Everyone wants to clean up in emerging markets, but they all can?t come out smiling
Social networking
Valuations are a matter of guesswork and have all the credibility of a parlour game
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