Barclays launches 100 million pound fund for fast growth UK tech firms

Last Updated: Friday, May 1, 2015, 13:03

Barclays launched a new 100 million pound ($154 million) fund on Friday to lend cash to fast growing British technology firms who may not want to sell an equity stake.

''Flash crash'' trader's ex-employer had no concerns about him

Last Updated: Saturday, April 25, 2015, 01:34

Futex, the trading firm that for five years employed the Briton accused of fraud and market manipulation by U.S. authorities related to the May 2010 `flash crash,` had no concerns about his trading during his tenure, the firm said in a statement Friday.

Spain rejects extraditing trader in `London Whale` case to US

Last Updated: Friday, April 24, 2015, 00:59

Spanish authorities have refused to extradite a former JPMorgan bank trader to the United States where he faces criminal charges in the massive "London Whale" fraud scandal.

Accused ''flash crash'' trader granted bail, fights extradition to US

Last Updated: Thursday, April 23, 2015, 02:14

A British trader accused by US authorities of market manipulation that contributed to the May 2010 Wall Street "flash crash" was granted bail by a London court on Wednesday, after saying he opposed extradition to the United States for a trial.

UK trader sought in US over flash crash due in court on Wednesday

Last Updated: Wednesday, April 22, 2015, 06:43

A futures trader who was arrested in Britain over charges that he helped spark the May 2010 "flash crash" on U.S. financial markets will appear in a London court on Wednesday, British police said.

Libor-like rate to help fasten policy transmission: Analysts

Last Updated: Sunday, April 12, 2015, 19:03

The Reserve Bank's plan to introduce an external benchmark rate, like the Libor, for better pricing of various financial products is likely to speed up the monetary policy transmission process, analysts said.

Investing in success not a crime: Etihad CEO

Last Updated: Friday, March 27, 2015, 15:43

Etihad Airways CEO James Hogan has warned that the dark clouds of protectionism gathering over the air travel industry in Europe and the US pose a significant threat to the millions of travellers who have benefited from new choice in the market.

Copper futures fall on weak global cues, subdued demand

Last Updated: Wednesday, March 25, 2015, 13:36

Copper prices fell by 0.64 percent to Rs 385.25 per kg in futures trade Wednesday on speculators reducing their positions amidst weak global cues.

Lead futures decline on subdued spot demand

Last Updated: Wednesday, March 25, 2015, 13:30

Lead prices eased by 0.78 percent to Rs 114.65 per kg in futures trade Wednesday as speculators trimmed positions on weakness in base metals overseas and subdued domestic spot demand.

Eurozone stock markets slide; London steady

Last Updated: Tuesday, March 17, 2015, 19:35

London`s benchmark FTSE 100 index of top companies was up 0.30 percent at 6,824.51 points in early afternoon trade.

Cairn Energy Plc shares tank over 18% on tax notice in India

Last Updated: Wednesday, March 11, 2015, 16:02

Shares of Scottish oil explorer Cairn Energy Plc fell sharply by over 18 percent on the London Stock Exchange after the company yesterday received a tax demand of Rs 10,247 crore (USD 1.6 billion) from Indian authorities.

Credit Suisse to replace CEO Dougan with Prudential's Thiam: Report

Last Updated: Tuesday, March 10, 2015, 06:23

Brady Dougan is set to quit as chief executive of Credit Suisse , a person familiar with the matter told Reuters. He will be replaced by Tidjane Thiam, who heads insurance group Prudential , the Financial Times reported.