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October 11, 2008, 7:02 pm

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Profits for a Better World
Socially responsible young entrepreneurs are creating for-profit businesses to enact social change.
Wall Street space man to pilot $700bn mortgage rescue plan

A little-known 35-year-old engineering graduate, who spent just four years working in finance, was yesterday entrusted with saving the global banking industry from implosion – and handed $700bn (£400bn) of US taxpayer money to play with.


Market Report: RBS and HBOS slump on fresh bank fears

So, after the latest Monday meltdown, much of the market picked itself up, but the banks did not escape another hammering. After news that some of the UK's biggest banks had asked for a £15bn handout, the rumour mill started flowing. The one that had trad-ers jawing in the morning was talk of HSBC being lined up to take over... Royal Bank of Scotland.


Some good news! Tesco cuts petrol price by 3p

Supermarket giant Tesco said it was cutting the cost of petrol by 3p a litre today as oil prices fell to their lowest level for a year.


Investment Column: N Brown is well insulated from credit crunch

Our view: Hold


Icelandic bank customers to receive payout

The Financial Services Compensation Scheme (FSCS) today confirmed it would be paying out to 180,000 customers of two Icelandic banks.


Would You Fire Sarah Palin?
A series of missteps in high-profile television interviews have caused even some supporters to question whether John McCain's running mate is ready for primetime. Our panel of leadership and recruiting experts weighs in on how much adjustment time new employees deserve.
Show Me the Money! Getting Funds to Start Your Business
They say it takes money to make money. But when you're young and trying to start a business, where do you turn for that all-important start-up capital?
From Wall Street to Dubai
Wall Street's instability prompted one tech entrepreneur to cast his net wide by heading east – to Dubai. Here, he chronicles his adventures in the hot zone.
Crisis deepens for Iceland as last of 'big three' banks is nationalised

The financial crisis in Iceland shows no sign of easing, with the government forced to announce the nationalisation of the country's largest bank yesterday. After taking control of Kaupthing, the Icelandic authorities were also forced to suspend dealing in all 15 companies listed on the country's stock exchange until Monday.


Landsbanki's nationalisation explained

One of Iceland's biggest banks, Landsbanki, was nationalised by the country's government today.


Lloyds TSB cuts cost of mortgages

Lloyds TSB announced today that it would be passing on today's unexpected cut in interest rates to mortgage customers in full.


Councils trapped in £1bn black hole

Council tax payers are facing increased bills or cuts in services to pay for a £1bn black hole in Britain's town hall finances caused by the sudden collapse of Iceland's banks.




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