Published News » Finance

EU finance ministers reach broad agreement on the need to impose tighter regulations on hedge funds and private equity firms.

UK inflation accelerated again in April to hit 3.7%, the highest rate for 17 months, due partly to sharp rises in food prices.

Drugmaker Pfizer says it will cut 6,000 jobs over the next five years as part of a major restructuring.

Mobile phone operator Vodafone reports a big rise in profits despite "extremely challenging" economic conditions.

The Unite union is planning an appeal against Monday's UK court ruling declaring planned British Airways cabin crew strikes illegal.

The world's largest palladium and nickel producer, Norilsk Nickel, reports a profit for 2009 despite lower metal prices.

Chinese tycoon and businessman Huang Guangyu is sentenced to 14 years in prison on bribery charges, state media report.

Greece has received the first tranche of a huge loan intended to rescue the nation's embattled economy, the EU says.