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Thomas Cook welcomes return of the package holiday

published about 5 hours ago
Thomas Cook claimed cashstrapped travellers are helping drive a resurgence in the package holiday market.

Metrovacesa in debtforequity talks

published about 5 hours ago
The troubled Spanish property group is in "advanced" debtforequity talks which could see banks take a 54pc stake.

US should expect a nuclear or biological terrorist attack by 2013 report says

published about 5 hours ago
The United States should expect a terrorist attack using nuclear or biological weapons within the next five years report says.

ExAIG boss seeks rescue rethink

published about 5 hours ago
The former AIG chairman is lobbying for a redesign of the troubled insurers' 153bn £103bn bailout package.

General Electric reduces finance business

published about 5 hours ago
General Electric is reducing the size of its sprawling international finance business in response to the growing financial crisis.

Terra Firma loses string of executives seconded to EMI

published about 5 hours ago
A string of Terra Firma executives seconded to EMI have left the private equity group Telegraph.co.uk has learned.