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Barclays bows to investor fury over capital raising

The top four executives at Barclays agreed to waive their bonuses for 2008 yesterday after the latest tweak to the terms of the bank's much-maligned refinancing plan failed to stem investor criticism of the package.

Market Report: Miners head lower on Cazenove downgrades

Miners fell back last night after Cazenove, worried by the rapidly deteriorating demand outlook, took an axe to its commodity price assumptions.

Insurers Weak Again Amid Capital Concerns As Financials Fall
Insurers Weak Again Amid Capital Concerns As Financials Fall
Sharp fall in inflation as food and petrol prices dive

The rate of inflation in Britain fell further than expected in October as the sharp drop in the price of petrol and food helped push the consumer prices index back towards its target level.

Flannery's part of €14m sale

A consortium of nightclub owners including Colin Dolan, nephew of the legendary singer Joe Dolan, has agreed to pay €14.5m for Flannery's public house and two other properties on Camden Street, Dublin 2, in one of the few pub sales since June of this year.

Hertz to muscle in on the British car-club market

Hertz, the car-rental giant, is to drive into the car-club market competing with independent specialists Streetcar, City Car Club and Zipcar.

Oil falls toward $50 level as markets ignore pirates

OIL slipped below $54 and looked set to fall towards €50 a barrel yesterday after a US government report showed a decline in demand for oil across the country.

Game Review: Grand Theft Auto IV

There aren’t many games that let you steal cars, get involved in a cop chase and punch passing pedestrians, all in between picking out a spiffy new shirt and bringing your date to the local bowling alley.

National Express to axe 300 jobs

The jobs axe cut into the rail industry today when a leading firm told union leaders it was shedding more than 300 jobs.

Market update - 14 November

The FTSE 100 was up 158.12 points at 4327.33 while the FTSE 250 climbed to 6315.66, up 158.81, at 12.22pm.

Market Report: Downgrades send Icap and Tullett reeling

Icap and Tullett Prebon were pushed on to the back foot yesterday after Morgan Stanley, mindful of tougher trading conditions next year, took a knife to its earnings forecasts for the two inter-dealer brokers.

David Prosser: Deflation is scary. So too is a policymaker in a blind panic

Outlook Here's a thought about the terrifying spectre of deflation now looming large if the much bigger than expected fall in inflation seen last month is a taste of things to come. It may not be so terrifying.

Revenue's online collections fall 28pc in one year

THE amount of tax money filed online by Monday's deadline was €1.63bn, a fall of 28.5pc on the amount of tax paid online last year.

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