Articles By Oliver Tree

Barclays

EU 'May Criminalize' Rate-Rigging - And About Time Too

The EU is thinking of making rate-rigging -- the deliberate manipulation of interest rates that set the benchmark for more than $500 trillion in financial contracts -- a criminal offense.

Apple Logo

Apple Hit By 'Crisis' Virus And Dwindling iPhone Sales As OS X Mountain Lion Launches

Apple shares tumbled 5 percent in after-hours trading on Tuesday after the tech giant announced lower-than-expected sales of its flagship iPhone.

Wal-Mart Declines Visa, MasterCard Swipe Fee Settlement

The world's largest retailer said the $7.2 billion settlement was not enough to fix a "broken" system, according to Reuters.

Coulson And Brooks

Phone Hacking: Rebekah Brooks and Ex PM's Aide Coulson Charged

All eight are accused of conspiring to intercept communications between October 13, 2001, and August 9, 2006, including the alleged hacking of the mobile phone of murdered schoolgirl Milly Dowler.

Mitt Romney Sweeps Wisconsin, Maryland and DC Primaries: Santorum Looks to Pennsylvania

'Just Don't Mention The NHS': How 'Socialized Healthcare' Could Sour Mitt Romney's Number 10 Visit

The meeting, which will take place at the PM's official residence of number 10 Downing Street, is fraught with potential political faux pas. After all, the sitting PM is not -- according to a Downing Street spokesman who spoke to the Telegraph -- supposed to meet candidates in elections in foreign countries.

Alcohol Ad Ban

Russia Bans Alcohol Advertising To Tackle Alcoholism

The ban, which came into effect on Monday, includes prohibiting alcohol advertisements on TV, radio, the Internet, public transport and billboards, with print media set to join the list on Jan. 1.

Spain Bans Short-Selling For 3 Months As Markets Tumble

The move comes after Italy also blocked the practice for a week.

Libor Scandal

Libor Scandal: 'Arrests Imminent' As Watchdogs Go After Traders

According to a number of un-named sources that are familiar with "a sweeping investigation into the rigging scandal," "federal prosecutors in Washington have recently contacted lawyers representing some of the suspects to notify them that criminal charges and arrests could be imminent.

Barclays Bank

Barclays' Favorite Turns Down Chairmanship

Michael Rake, deputy chairman of Barclays, has ruled himself out of contention to be its new chairman, striking a blow to the UK bank as it hunts for new leadership to steer it through its interest rate-rigging scandal.

Syria rebels

Syrian Rebels Take Border Posts In 'Bloodiest Day' of Fighting So Far

A senior Iraqi official told the New York Times that all four of the country's crossings into Syria have now been closed, because the rebels have seized the Syrian sides of them.