Former academic who has built Barclays Capital from scratch into a multibillion-pound operation, will take over from John Varley at Barclays' annual meeting next March

Tue, 07 Sep 2010 08:07:41 GMT

President Barack Obama will unveil a $50bn infrastructure plan to build roads, railways and airport runways, in an effort to show his administration is tackling the US's chronic unemployment ahead of the November mid-term elections

Mon, 06 Sep 2010 19:19:17 GMT

Citigroup is at the centre of a dispute among analysts and accounting experts over whether it should set aside funds to cover $50bn of deferred taxes, a move that would reduce its capital buffer and weaken its balance sheet

Mon, 06 Sep 2010 18:03:36 GMT

Mark Hurd is to become co-president of software maker Oracle only a month after being forced out as head of Hewlett-Packard over breaches of the computer makers' code of conduct

Mon, 06 Sep 2010 23:31:54 GMT

European bourses are poised to open softer, tracking declines in Asia, as a return to full post-summer trading provides a challenge to ebullience seen since the start of September

Tue, 07 Sep 2010 07:57:11 GMT

A leading business school in the University of California system is preparing to forgo public funding amid increasing uncertainty about the state's economic health and California's ability to pay for higher education

Mon, 06 Sep 2010 17:36:22 GMT

Finance companies that lend to consumers and smaller businesses in the US are finding it easier to fund themselves in the wholesale credit markets, marking a comeback from their troubles during the financial crisis

Mon, 06 Sep 2010 21:34:45 GMT

As the European Union lumbers towards beefed-up financial market supervision, the voices crying wolf are becoming predictably more strident. But the alarm in the UK and other countries is overdone

Mon, 06 Sep 2010 18:58:54 GMT

Experts say with further enrichment it would be enough to build nearly three atomic bombs

Mon, 06 Sep 2010 20:40:01 GMT

Russia's prime minister heightens speculation by refusing to rule out resuming role as head of state and citing the example of US president Franklin D. Roosevelt

Mon, 06 Sep 2010 20:54:50 GMT