Watchdog now says it will publish RBS report

The City watchdog said yesterday that it might be prepared to publish previously secret results of its investigation into events leading up to the rescue of Royal Bank of Scotland.- 16/12/2010, Business News

FSA opts for US methodology

The City watchdog is to adopt a new US-style rule-based approach for policing the City, following a series of failures during the financial crisis. Hector Sants, the FSA's chief executive, said work was "under way to identify those risks where the prescription that rules provide is the most effective way to protect consumers" in a speech yesterday.- 14/12/2010, Business News

New car sales fall by one-third in Japan in November

New vehicle sales in Japan fell by nearly one-third in November, suffering the biggest year-on-year fall in 20 months as subsidies for green cars ended, an industry group said Wednesday.- 03/12/2010, Motoring

India's Maruti car sales top 100,000 for fifth month

India's largest carmaker, Maruti Suzuki India, on Wednesday reported car sales topped 100,000 vehicles for a fifth straight month in November, driven by strong consumer demand.- 03/12/2010, Motoring

RBS bosses cleared of fraud

The City watchdog today ruled out action against former bosses at Royal Bank of Scotland after finding no evidence of fraud or dishonest activity in the lead-up to the financial crisis. The Financial Services Authority (FSA) cleared the firm and individuals, including former chief executive Sir Fred Goodwin, but warned that their competence w...- 02/12/2010, Business News

UK banks tapped US crisis loans

Barclays borrowed a cumulative $232bn (£149bn) from the US Federal Reserve's emergency funds during the financial crisis, according to data released by the central bank yesterday under a Freedom of Information request. The UK bank emerges as the largest user of the "term auction facility", which offered short-term one- and three-month loans as the mo- 02/12/2010, Business News

All bets are off on Harrah's IPO

The US casino company Harrah's Entertainment has scrapped its $500m (£313m) initial public offering (IPO), citing market conditions, a day after General Motors made a triumphant return to Wall Street.- 20/11/2010, Business News

Banksy on Oscar shortlist for Best Documentary

The shortlist of 15 documentaries for Best Documentary Feature were announced by the Academy of Motion Picture Arts and Sciences on November 18.- 19/11/2010, Films

1,800 lose jobs in further cuts at Rok

A further 1,800 redundancies at the building services company Rok were announced by administrators yesterday, bringing the total job losses to about 2,600.- 17/11/2010, Business News

260 more jobs to go at Rok

A further 260 redundancies have been announced by the administrator at the Exeter-based building services firm Rok, after a deal to save part of the business collapsed.- 12/11/2010, Business News

Tourists are on the road again

Consumers are now traveling as much as they were before the global financial crisis, figures released by the United Nations this week have shown.- 10/11/2010, News & Advice

China silent about Portugual's debt

President Hu Jintao remained silent on China's stance on Portuguese debt yesterday, dashing hopes of a promise to invest in the southern European country's bonds. - 08/11/2010, Business News

AIG raises $37bn to repay bailout

The bailed-out insurance giant AIG has moved closer to the goal of paying off its debts after raising nearly $37bn in recent days. - 02/11/2010, Business News

Ireland's 'bad bank' wins legal test case

Loans secured on three of London's best-known hotels are to be acquired by the National Asset Management Agency (Nama), the "bad bank" vehicle set by Ireland tocombat the financial crisis.- 02/11/2010, Business News

Somalia: 'The most corrupt nation in the world'

Somalia is the most corrupt country in the world, followed by Afghanistan, Burma and Iraq, an international watchdog has said.- 27/10/2010, Africa