richard beecher

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Two profiles of China's economy

It’s 3:00 a.m. in the most populated city of the world’s most populated country. Most of Shanghai’s 24 million inhabitants are fast asleep, but it’s rush hour inside the city’s largest wholesale fish market.<p>The Tongchuan Road market supplies the metropolis with one of its most popular staple foods. …

China

All of Greece's problems can be traced back to the 1970s

There may be some truth to both of these narratives, but to get a fuller understanding of the causes of Greece's current problems you have to look further back at the country's own history. What you find is a sorry tale of nihilistic political populism, a wilful suspension of disbelief by …

Europe

The weak euro's inherent dangers

It only seems a matter of time before the euro reaches parity with the US dollar for the third time in its history. The euro's downslide has …

Economy

US seeking $1bn from RBS and Barclays

The US Justice Department is looking to fine four banks RBS, Barclays, Citigroup and JP Morgan Chase to settle accusations of criminal activity in the currency markets<p>Royal Bank of Scotland and Barclays are facing penalties of about $1bn (£662m) each from US authorities for their alleged role in …

Global dairy crisis simmers as supply overwhelms | Reuters

LONDON/WELLINGTON (Reuters) - The weak global diary market, hit by oversupply and a tail-off in Chinese demand that has driven international milk prices down by around 50 percent, is unlikely to pick up anytime soon, analysts say.<p>A bottle is filled with milk at a vending machine in Larissa town, …

European Union

Greece has spent 90 of the past 192 years in financial crisis

Greece is all the rage in world markets right now.<p>Anti-austerity party Syriza was voted into power in the latest parliamentary elections, and since then investors have been on edge as Greece and its creditors enter negotiations on debt repayment.<p>But for Greece, dealing with financial problems is …

Bank of America

Sky News - First For Breaking News From The UK And Around The World

Top Stories<p>The Latest News from the UK and Around the World | Sky News<p>The charitable organisation is to shut down following allegations female …

Tim Howard's New Role Inspires Others With Tourette Syndrome

Growing up with Tourette syndrome, the last thing Tim Howard could've imagined was that one day millions would listen to him as a commentator on a live broadcast.<p>Read more here.

Soccer

Dylan Hartley could face England axe after being sent off against Leicester

• Stuart Lancaster has issued warnings over acts of indiscipline • Burrell: ‘We felt red card was an unfortunate call by the referee’ • Match report: Northampton 23-19 Leicester<p>Dylan Hartley’s red mist could not obscure the significance of this result. Until Northampton defeated Leicester in last …

Russian ruble collapse will lead to 'bloodbath' says Renault Nissan chief

A 'bloodbath' is in store for manufacturers in Russia following the ruble's steep decline in value, according to the chief executive of Renault …

German consumer sentiment hits highest in eight years

German consumers say they expect a good start to the new year amid record high employment, rising wages and moderate inflation.<p>A survey of around 2,000 Germans asking about how they see the future found sentiment at its highest level since December 2006.<p>Shoppers expect Europe’s largest economy to …

Oil price crash is 'fault' of non-OPEC members, says Saudi oil minister

Prices will recover from current lows, says Saudi oil boss, as he dismisses claims crash in cost of oil is politically motivated<p>Oil prices will recover from their current lows, according to Saudi Arabia’s oil minister, but he blamed the slump on a “lack of co-operation” from countries who are not …

Oil

The Telegraph

A Somerset house that had been valiantly protected from the floods with a makeshift barricade of clay and soil, has finally succumbed to the …

The Telegraph

Tuesday's Daily Telegraph front page: "'Homeowners, you knew the risk'"

The Telegraph

Yahoo shifts Europe tax base to Ireland from Switzerland | Reuters

LONDON/ROME (Reuters) - Yahoo! Inc is shifting its main European tax base to Ireland from Switzerland, a Reuters examination of company statements and accounts shows, as pressure mounts on the Alpine nation to abolish some corporate tax incentives.<p>The internet search group said the shift reflected …