Analysts have expected Opec’s biggest producer to eventually curb its output, but Saudi Arabia said over the weekend the kingdom would not unilaterally cut its output to defend prices. Photographer: Eric Taylor/Bloomberg

Oil prices dropped over a percentage point on Monday after Saudi Arabia said over the weekend that the market defined prices and the kingdom would not(...)

The 2015 inflation basket owes more than a little to the influence of the hipster – in come craft beer, ecigarettes, headphones and music subscription services such as Spotify.

Hipsters may have been declared passé by the trend-spotters but their influence is going mainstream thanks to the team of government number crunche(...)

One might have thought that the FTSE 100’s ascent to record highs, coupled with the Nasdaq closing in on March 2000’s all-time peak, might catalyse a (...)

Mario Draghi, president of the European Central Bank (ECB), leaves after attending a news conference following an ECB meeting in Nicosia, Cyprus. Photograph : Yorgos Karahalis/Bloomberg

European companies are likely to join a boom in share buybacks as central bank cash floods the economy, risking criticism that they are recycling capi(...)

Barclays’  chief executive  Antony Jenkins: “We have made very good progress. The bonus is recognition of that and I decided to accept it on this occasion.” Photograph: Simon Dawson/Bloomberg

In the City, it’s known as “the L’Oréal moment” – when a boss decides to take the bonus his board has offered “because I’m worth it”.Barclays boss Ant(...)

Barclays said on Tuesday it made a 2014 adjusted pretax profit of £5.5 billion, up from a restated £4.9 billion in 2013 and above the average analyst forecast of £5.3 billion. (Photograph: Dominic Lipinski/PA Wire)

Barclays Bank has set aside an extra £750 million for potential fines arising from allegations of manipulation in the foreign exchange market as the B(...)

Trader Fred DeMarco watches a screen as he works on the floor of the New York Stock Exchange: The longer you hold equities, the greater your chances of a decent return. But how long is necessary? Photograph: Brendan McDermid/Reuters

After a 15-year wait, the FTSE 100 finally hit fresh all-time highs last week, a milestone that appears to have catalysed confusion on a grand scale.“(...)

Colm Lyon of Realex: panellist at a seminar being hosted by Barclays Bank Ireland this Thursday in Dublin

Up-and-coming tech entrepreneurs might want to check out a seminar being hosted by Barclays Bank Ireland this Thursday in Dublin. The event will exami(...)

The logo of HSBC bank. The Daily Telegraph’s departing political commentator, Peter Oborne complained this week that it had failed to cover tax evasion allegations against the bank for fear it would lose the institution’s advertising. Photograph: Pierre Albouy/Reuters

Tim Butcher, who last year published a fine book on Gavrilo Princip, the assassin whose bullet set the fire that led to the first World War, began his(...)

Peugeot’s total deliveries rose 4.3 per cent to 2.94 million cars and light commercial vehicles last year, boosted by demand for the 2008 and 3008 crossovers as well as the 308 hatchback.

PSA Peugeot Citroen posted its first annual profit in three years after reducing costs by closing a plant, cutting jobs and reducing spending on new (...)