London

London News

• 

  Kandinsky Fetches $21.2 Million, Asians Boost Sale Demand

  Updated 7 minutes ago

  A Wassily Kandinsky painting sold last night for $21.2 million at a London auction where demand, especially from Asian buyers, outstripped supply for Impressionist and modern art.

• U.K. Bankers Face Proposed Decade’s Delay for Bonuses

  Updated 5 minutes ago

  Senior employees at U.K. banks may face a 10-year wait for bonuses under proposals put forward by a committee investigating the failures of the industry, which also recommended making “reckless” management of lenders a crime.

• BOE to Reveal Individual Bank Capital Holes in Transparency Test

  Updated 7 minutes ago

  The Bank of England will reveal how much capital U.K. banks need in the first public test of its credibility and transparency since it took back the role of financial regulator.

• EU Carbon Market Needs Immediate Changes, Policy Exchange Says

  Updated 6 minutes ago

  Europe’s carbon emissions trading system risks failing unless significant changes are made, including an end to the bloc’s renewable energy target, according to a paper published today by a U.K. research group.

• 

  Swiss Art Mimics Banks by Luring Foreign Millionaires

  Updated 7 minutes ago

  Zurich’s auction houses are attracting a growing number of international buyers for Swiss art, reflected in higher prices for artists including Ferdinand Hodler, Albert Anker and the Giacometti family.

• 

  Kanye West’s Moronic Jesus Sunk by Azealia, Daft Punk

  Updated 6 minutes ago

  Kanye West’s Messiah complex has reached new heights. The man who once said that people looked at him as if he was Hitler has a new album called “Yeezus” with a one song, “I Am a God” (subtitled “featuring God”.)

• 

  Vodafone Said to Raise Kabel Deutschland Offer to Enter Talks

  Updated 7 minutes ago

  Vodafone Group Plc raised its preliminary offer to buy Kabel Deutschland Holding AG to about 7.5 billion euros ($10 billion) to persuade Germany’s largest cable company to enter talks, said people familiar with the bid.

• Cooperman's Omega Sues Tetragon Over 2012 Polygon Deal

  Updated 25 minutes ago

  Leon Cooperman’s Omega Partners sued the officers and directors of Tetragon Financial Group Ltd., claiming they used the 2012 purchase of hedge-fund firm Polygon Management LP to funnel company assets to themselves.

• RBS Breakup Suggested as Option for Cameron by U.K. Lawmakers

  Updated 41 minutes ago

  The U.K. government should consider breaking up Royal Bank of Scotland Group Plc and hiving off its toxic assets into a “bad bank,” lawmakers said in a report that suggests the lender isn’t ready to return to private hands.

• U.S. Aluminum Fee Rises to Record, Harbor Intelligence Says

  Updated 48 minutes ago

  The fee buyers pay to obtain aluminum in the U.S. climbed to a record amid longer waits for warehouse supplies and reduced availability of scrap metal, Harbor Intelligence said.

London Photos

Related Topics

• 

  Federal Reserve

• 

  Ben S. Bernanke

• 

  India

• 

  Japan

Most Popular on Bloomberg

• Asian Futures Tip Gains as U.S. Jumps on Fed; Gas Rallies

• Boehner to Insist on Republican Immigration-Bill Majority

• Sushi Aid in $1 Trillion U.S. Farm Bill Irks Watchdogs

• NYSE Attack Said Prevented by U.S. Surveillance Program

• Keystone XL Pipe Shuns Infrared Sensors to Detect Leaks

London Videos

Audio

• SocGen’s Juckes Says Bernanke Must Reassure Markets

• Pimco’s Emons Says Libor Rate Influence Has Waned

• Juckes Says Australian Dollar Faces Long Fall

• Standard Chartered’s Costerg Questions Fed Target

• Gallo Investing in Spain, Peripheral Corporates