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Rogue trades cost oil broker mFriday 3rd July 2009 A rogue trader at a London-based oil brokerage causes his employer to lose m (£6m) after making unauthorised trades. →Full StoryVenezuela assumes control of bankSaturday 4th July 2009 Venezuela's government formally takes control of the country's third largest bank - the Spanish-owned Banco de Venezuela. →Full StoryMore backing for Rio cash-raisingFriday 3rd July 2009 A Rio Tinto rights issue sees strong take-up from existing holders of its Australian-listed shares - after similar UK success. →Full StoryMaking sense of the recession: latest news, analysis and how the crisis affects youThursday 12th February 2009 →Full StoryBA to cut spending by one fifthFriday 3rd July 2009 British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers. →Full StoryEurozone retail sales post fallFriday 3rd July 2009 Retail sales in the eurozone fell more than expected in May, a further sign of the slowing economy, data shows. →Full Story | BT Staff Offered Year-Long Hols For Pay CutsSaturday 4th July 2009 BT employees have been offered the chance of 12 month holidays if they agree to huge pay cuts, the company said. →Full StoryPrudent Brits Knock £8bn Off Mortgage DebtSaturday 4th July 2009 British homeowners poured a record £8.14bn into paying down their mortgage debt during the first quarter of the year, latest figures show. →Full StoryJobs Misery For Graduates In RecessionSaturday 4th July 2009 Graduate job prospects are looking bleak as youth unemployment surges to its highest level for 15 years. →Full StoryOil Spike 'Rogue Trader' Causes £6m LossesSaturday 4th July 2009 A London firm was hit with losses of £6m after a suspected rogue trader made a massive, unauthorised bet on the oil market. →Full StoryGraduates 'Could be Jobless For Years'Saturday 4th July 2009 A record 270,000 students are expected to join the jobs queue this summer because of the recession, according to a new report. →Full Story |
