Talks to restructure Greek debt hit a new impasse after eurozone finance ministers sent Greece and its bondholders back to the negotiating table, saying the cost of sweeteners on new bonds were too high.
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Eurozone finance ministers reject Greek debt offer
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Eurozone finance ministers have sent back a proposed resolution to Greek's debt negotiations with its bondholders, according to EU officials, following a day when markets rose on hopes of an agreement.
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Debt crisis: as it happened January 23, 2012
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In his latest attack on the company he founded, Sir Stelios Haji-Ioannou has taken aim at executive pay at easyJet.
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Sir Stelios Haji-Ioannou: flying into a storm
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Jefferies has initiated one-on-one meetings with staff in Royal Bank of Scotland's equities business as the US investment bank prepares to make an offer for the state-backed lender's Hoare Govett corporate broking business.
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Jefferies to make move for RBS cash equities
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So is Warren Buffett doing the right thing by going shopping for yet more Tesco shares?
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More buffeting in store for Tesco despite the high-profile endorsement
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Microsoft's profits for the final quarter of last year beat Wall Street's expectations, as robust spending by companies made up for weak demand from consumers for PCs.
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Microsoft profits beat forecasts on business demand
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Airbus had a record year in 2011 and outsold Boeing by almost two-to-one.
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Airbus sales soar above rival Boeing
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Essar Energy, the London-listed power giant, saw £592m wiped off its market value yesterday after a court in India ruled that it was not entitled to defer tax payments of $1.78bn.
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Essar Energy plunges 26pc as court overrules £1.2bn tax deferral
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Regulatory pressures and 'green' policies are threatening the future of Britain's eight remaining oil refineries and could result in further closures, the industry has warned the Government.
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Threat to oil sector from tough regulations and green policies
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Companies will be given tax breaks if they offer shares to their employees under plans by Nick Clegg to create a "John Lewis economy".
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Clegg plans a 'John Lewis economy'
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