India’s Finance Minister, Arun Jaitley, presented a budget yesterday that put boosting growth before painful reforms, claiming that the country’s economy was about to “take off”.
A world without inflation. A world where prices are as likely to go down as up, and where government tax revenues are as likely to fall as to rise. A world where people get increases in living standards more from lower prices than from higher incomes. And a world where the lazy excuse of “inflation” cannot be used to justify sloppy management in public and private sectors alike.
When the Duke of Cambridge arrives in China later today, behind the scenes of his historic visit is another landmark development – Britain’s first female ambassador to the emerging global superpower.
For Janet Yellen, the chair of the Federal Reserve, 2015 is going to be a very different and possibly very difficult year.
Whenever Lucian Grainge comes to town, he has a straight choice between attending a music industry event and heading to the Emirates stadium to catch up with his beloved Arsenal.
The head of Europe’s largest plane maker, Airbus, has said the company will not pull out of Britain if the result of May’s general election triggers a referendum on the UK’s future in the European Union.
InterContinental Hotels Group is on the march, with the tipsters betting the hotel chain could pay investors for staying.
The embattled insurance outsourcer Quindell could sell off multiple parts of the business in an effort to repair its battered reputation in the City.
Sergei Pugachev, the Russian billionaire who lives in London with the socialite Alexandra Tolstoy, has suffered a series of setbacks in his attempts to stave off a civil legal action alleging fraud and embezzlement.
Lloyds is to pay its first dividend since the financial crisis but faces a growing controversy over the huge rewards handed to its executives as a result, including £11.5m to boss Antonio Horta-Osorio.
MySale, the “flash sale” e-tailer backed by Sir Philip Green, promised investors yesterday that it is on track to at least break even this year as it fights back from a catastrophic profit warning and a big pricing blunder during last summer’s flotation.
Surging demand for transatlantic flights and a turnaround at Spain’s Iberia helped International Airlines Group, the owner of British Airways, more than double profits to €1.1bn (£801m) last year.
A Babcock International-led consortium is set to demand hundreds of millions in extra taxpayer money to decontaminate 12 historic nuclear sites, despite only getting starting on the £4.2bn contract six months ago.
Price comparison websites should have to pay compensation when they act “like backstreet market traders” and “dupe” customers into switching to energy deals that are not the cheapest on the market, MPs have said.
Sergei Pugachev, the billionaire Russian businessman who lives in one of London’s grandest homes with his partner, the socialite Alexandra Tolstoy, has suffered a series of setbacks in his attempts to stave off a civil legal action alleging fraud and embezzlement.
Tomorrow marks a rather special anniversary for billionaire Warren Buffett – the 50th year he has sent out his annual investor letter to Berkshire Hathaway Inc shareholders.
Even in the internet age you still can’t quite beat the joy of sending or receiving a letter – but you might want to make sure you keep that penny change because the price of stamps is going up.
A record 100 million visitors browsed homes for sale on Rightmove, the UK's biggest property website, in January, figures have showed.
SeaWorld Entertainment has suffered another blow after its revenue slid 2.7 per cent in its fourth quarter – a decrease that was lower than Wall Street expectations.
Rioters threw petrol bombs and vandalised cars on Thursday night in Athens as left-wing supporters vented their anger over the newly elected government’s perceived capitulation to Brussels.
Embattled insurance outsourcer Quindell’s shares dropped 6 per cent today after it warned investors that the ongoing MOT of the business will take longer than expected.
Lloyds Banking Group, which is backed by the taxpayer, is to pay its first dividend since 2008 as its chief executive collected a £7.4 million bonus.
IAG, the parent company of British Airways, has upgraded its profit forecast for 2015 by more than 20 per cent after reporting soaring revenues for last year.
MPs yesterday called for Equitable Life policyholders to be paid the £2.8bn balance owed to them by the Government.
Business investment fell at its fastest quarterly rate for five years in the three months to December, raising fears that companies are sitting on their cash piles despite the economic recovery.
It’s a fair bet that Royal Bank of Scotland’s Ross McEwan will be off the guest list for the next get together of Britain’s top bankers.
It all seemed such a good idea at the time. When Peter Hambro’s mining venture Petropavlovsk needed to raise cash to invest in new refineries for its gold mines in Russia, the price of the precious metal was rising and his company was worth £2bn.
Saga’s private equity backers are slowly retiring. Bank of America Merrill Lynch said yesterday that it was shifting 45 million shares in the over-50s company on behalf of Acromas at a minimum of 185p – exactly the price at which it floated last May.
The Royal Bank of Scotland boss Ross McEwan all but tore up the remainder of Fred Goodwin’s legacy at Royal Bank of Scotland yesterday, with plans to dismantle large parts of the bank put together by the former RBS chief executive.
Standard Chartered is to lose nearly a third of its board, including its chief executive Peter Sands and the chairman Sir John Peace, in the wake of months of discontent among shareholders, alarmed at the hole the bank has fallen into.