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Economics

Markets Rally As Ben Bernanke Backs Further Quantitative Easing

Global markets continued their rally on Wednesday as Ben Bernanke, chairman of the US Federal Reserve, made clear he had no intention of cutting short his $85bn-a-month (£56bn) quantitative easing programme in the near future.

RBS

Financial Markets

RBS Bankers Receive £2.7m in Shares as Bonus

Four top bankers at Royal Bank of Scotland have been handed £2.7m in shares from bonuses that were awarded to them by the bailed-out bank three years ago.

George Soros

Industry & CommerceEnterprise

George Soros Invests in 'Hyperfast' Internet Firm

Financier George Soros has led a £50m investment in fibre-optic company Hyperoptic, which lays high-speed lines direct to UK homes.

Featured Deal For CHICAGO

Two Water Park Passes at Vernon Hills Park District Family Aquatic Center

Sand, lounge chairs, and crystal clear water make the beach a great getaway -- but add a lazy river and three water slides, and you've got something even better: • $12 ($24 value) for two passes to the aquatics center • Leisure pools have lap lanes for serious swimmers and waterfalls for kids • Valid from May 25 to September 2 Perfect for All Ages Chill out in the 700-foot lazy river, or go for a dip in the leisure pool -- the sprays and jets are certain to drop your temperature and raise your spirits.

Click here for more deals in CHICAGO

Eliot Spitzer Interview Still

VideoFinancial Markets

Spitzer: Dimon Is 'A Superb CEO...But It's Not About Jamie'

Former New York Governor Eliot Spitzer spoke with FOX Business Network’s Liz Claman about the news that JPMorgan Chase Chairman and CEO Jamie Dimon won shareholder approval to keep his chairman title.

Dimon Wins JPMorgan Vote Still

Video

Expect Changes on JPMorgan's Board: CLSA's Mayo

CLSA's Mike Mayo comments on JPMorgan CEO Jamie Dimon winning more shareholder support this year than in 2012 to remain chairman, surviving a campaign to split the roles after a record trading loss at the biggest U.S. bank.

Man City & Yankees Form MLS Club Still

Video

Yankees Invest in Man City-Controlled Soccer Team

In 'Company News', Bloomberg's Mark Barton reports on the top business stories of the day.

Cohen May Cut Deal Still

Video

Steve Cohen May Cut Deal With Prosecutors

In 'Company News', Bloomberg's Scarlet Fu reports on the top business stories of the day.

Tax & Business Calculator

Enterprise

Apple Chief Calls on US Government to Slash US Corporate Tax

Apple has called for US corporate tax rates to be slashed after it admitted sheltering at least $30bn (£20bn) of international profits in Irish subsidiaries that pay no tax at all.

For Sale Sign

Financial Markets

IMF Urges Treasury To Speed Up Sale Of Lloyds and RBS

Speculation about a government sell-off of Royal Bank of Scotland and Lloyds Banking Group was escalating on Tuesday night amid reports that the International Monetary Fund is urging the Treasury to accelerate its disposal of the £65bn stakes in the two bailed-out banks.

Mark Carney

Economics

Mark Carney Warns Europe Against Lost Decade of Austerity

The incoming governor of the Bank of England has warned Europe it must make "sustained and significant reforms" if it is to avoid a Japanese-style lost decade caused by austerity measures.

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