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Japan Acts to Ease Crisis in Corporate Credit

published about 4 hours ago
The Bank of Japan announced emergency measures to ease an acute squeeze in corporate funding that threatens to push Asia’s largest economy deeper into recession.

BMW names Friedrich Eichiner new CFO (AP)

published about 4 hours ago
AP - Carmaker BMW AG said Tuesday it has appointed Friedrich Eichiner as chief financial officer, taking over from Michael Ganal, who will remain on the board.

Big Oil's money problem

published about 4 hours ago
The days of oil companies shattering profit records are likely gone, at least for now.

Big Blue's big plan

published about 4 hours ago
"We've been given this on a silver platter," says Sam Palmisano, CEO of IBM. "We might as well use it as an opportunity."

California 'faces budget crisis'

published about 4 hours ago
California Governor Arnold Schwarzenegger declares a fiscal emergency, ordering lawmakers to fix a huge budget gap.

Rice urges Pakistan to root out extremists

published about 13 hours ago
Condoleezza Rice, US secretary of state, yesterday warned that Pakistan faced a "critical moment" in its recent history, one in which its leading institutions must...
» FT.com - US   

Rice urges Islamabad to root out extremists

published about 13 hours ago
Condoleezza Rice, US secretary of state, yesterday warned that Pakistan faced a "critical moment" in its recent history, one in which its leading institutions must...
» FT.com - US   

US presses Pakistan to aid probe

published about 13 hours ago
The US yesterday began to put strong pressure on the Pakistani government to give "absolute and total" co-operation to India in the hunt for the ... more
» FT.com - US   
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Top officer to investigate Green arrest

published about 3 hours ago
A senior police officer has been drafted to lead an 'urgent review' into the arrest of a Conservative frontbech MP as Scotland Yard conceded there ... more
» FT.com - World   

Construction activity and orders fall off

published about 3 hours ago
Britain's construction sector suffered a further sharp contraction in November, while new orders also fell off sharply, with a drop in input prices the only ... more

Game Group's growth loses steam

published about 4 hours ago
UK games retailer Game Group reports a rise in sales despite the economic gloom, but says its pace of growth has slowed.
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Norway's central bank warns on stability

published about 4 hours ago
Norway's central bank said that it needed to implement additional measures to enhance the stability of the country's banking system and called for stronger links ... more

Germany attacks Brussels over Commerzbank

published about 5 hours ago
Germany lashed out at the European Commission for delaying approval of a €8.2bn government capital injection into Commerzbank, Germany's second biggest commercial bank
» FT.com - World   

Banks to swap debt for equity in Metrovacesa

published about 6 hours ago
Creditor banks of Metrovacesa, the struggling Spanish property company, plan to take 54 per cent of the company in exchange for debts owed to them, ... more

Toyota to cut bonuses by 10%

published about 5 hours ago
Toyota Motor is to reduce year-end bonuses for thousands of managers by 10% as part of a cost-cutting drive in response to plummeting sales

India demands Pakistan hand over suspects

published about 5 hours ago
India appeared to take a military strike in response to the attacks on Mumbai off the table after it served Pakistan with a request to ... more
» FT.com - World   

Toyota to cut bonuses by 10%

published about 10 hours ago
The world's largest automaker is cutting bonuses for roughly 5,000 managers as the downturn keeps customers away from showrooms worldwide

Brazil pledges to slash Amazon deforestation

published about 13 hours ago
The commitment follows an announcement that 12,000 sq km of forest land has been destroyed in the 12 months to the end of July – ... more

Chávez in poll reform push

published about 13 hours ago
Venezuela's ruling government's United Socialist party took the first steps yesterday towards seeking a referendum to enable President Hugo Chávez's re-election...

Brazil pledges to make big cut in Amazon deforestation

published about 13 hours ago
Brazil vowed yesterday to cut the amount of deforestation in the Amazon over the next decade to less than half the current rate. The pledge ... more

French courts tighten iPod tax loophole

published about 2 hours ago
Un peu A French court has ruled that foreign retailers must warn consumers to pay the country's so-called "iPod tax" copyright levy on MP3 players ... more

Nokia seeks Control Center cronies

published about 3 hours ago
No place like home hub Nokia wants applications for its smart home box, but it's also sniffing around for companies interested in selling the Linux-based ... more

Video: A toast to online wine

published about 15 hours ago
With old-fashioned liquor laws and complicated shipping procedures, selling or buying wine online has never been easy. But as CNET's Kara Tsuboi explains, it no ... more

No Quick Exit From Instability For Thailand

published about 3 hours ago
The country's government was ousted Tuesday by the Constitutional Court, but following elections it may be back in a different form, sparking protests.

FTSE higher after BA enters bid talks

published about 3 hours ago
London equities recovered on Tuesday, after British Airways said it was in bid talks with the Australian airline Qantas.

Auto Jobs On The Line In Europe

published about 3 hours ago
Aston Martin is the latest - expect more cuts to come carmakers' way.

Bank plans for overdraft refunds

published about 6 hours ago
The RBS NatWest bank is planning to refund overdraft fees to customers "pro-actively" if it loses the current test case.

Car finance next to feel the freeze, says new report

published about 12 hours ago
Finance company collapses over the last year have hit the property development industry, but it is vehicle dealerships that will suffer in the future with ... more

Big-ticket items see cut in VAT

published about 22 hours ago
Shoppers are likely to get the benefit of lower VAT rates when buying big-ticket items, BBC research suggests.