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JP Morgan and NAB discuss HBOS break-up

SYDNEY (Reuters) - U.S. investment bank JP Morgan and National Australia Bank have held talks about forming a consortium to break up British bank HBOS , the Telegraph newspaper reported on its Web site.

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JP Morgan and NAB discuss HBOS break-up

Asia stocks fall, haunted by growth fears

HONG KONG (Reuters) - Asian stocks fell on Friday, halting a four-day rally, after weak U.S. housing and jobs data and volatility in the financial sector once again reminded investors of the fragile state of the global economy.

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Asia stocks fall, haunted by growth fears

British Energy agrees EDF takeover

LONDON (Reuters) - Nuclear operator British Energy has agreed to be taken over by French utility Electricite de France for around 775 pence per share, a source briefed on the matter said on Friday.

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British Energy agrees EDF takeover

Rate rise needed despite gloom

LONDON (Reuters) - Interest rates need to rise to prevent the inflation genie escaping the bottle despite the bleakest growth outlook since the early 1990s, according to a report by a leading think-tank published on Friday.

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Rate rise needed despite gloom

Retail seen to risk meltdown in next 10 years

LONDON (Reuters) - Rising costs and depressed demand could reshape Britain’s retail industry over the next 10 years, with bankruptcies and job losses set to rise as companies struggle to adapt, a report showed on Friday.

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Retail seen to risk meltdown in next 10 years

Retail seen to risk meltdown in next 10 years

LONDON (Reuters) - Rising costs and depressed demand could reshape Britain’s retail industry over the next 10 years, with bankruptcies and job losses set to rise as companies struggle to adapt, a report showed on Friday.

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Retail seen to risk meltdown in next 10 years

Global stocks slide on economic news

NEW YORK (Reuters) - U.S. stocks fell sharply on Thursday, pulled down by a plunge in banking shares, as disappointing economic news snapped optimism that had been growing from last week and renewed a safe-haven bid for bonds.

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Global stocks slide on economic news

Global stocks slide on economic news

NEW YORK (Reuters) - U.S. stocks fell sharply on Thursday, pulled down by a plunge in banking shares, as disappointing economic news snapped optimism that had been growing from last week and renewed a safe-haven bid for bonds.

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Global stocks slide on economic news

TNK-BP CEO says leaves Russia after “harassment”

MOSCOW (Reuters) - The head of BP’s Russian venture TNK-BP said he left Russia on Thursday, blaming a campaign of harassment and BP accused its billionaire partners of manipulating the Russian state to win control over the firm.

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TNK-BP CEO says leaves Russia after “harassment”

Bean says Bank trying to balance worsening growth

LONDON (Reuters) - Bank of England deputy governor Charles Bean said on Thursday economic growth will be slower and inflation stronger than the central bank forecast in May and policymakers are trying to balance those competing risks.

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Bean says Bank trying to balance worsening growth