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Cameron to tackle ‘health and safety monster’

Prime minister pledges that the government will protect small business from the threat posed by ‘litigious culture’ and cap legal fees in disputes

SocGen seeks to axe investment staff

French lender may cut 13% of jobs in its corporate and investment bank as it announces it is ‘stepping up’ its restructuring of the division

Italian bond yields jump back above 7%

Rome’s 10-year yields stood at 7.06%, but the European Financial Stability Facility sold €3bn in three-year bonds, with order books rising to €4.5bn

Barnes & Noble eyes e-reader unit spin-off

US book retailer’s shares fall 20 per cent as analysts question how successful the e-reader business would be without the support of the retail chain

US private sector adds jobs in December

American companies last month added their most positions for a year in a further sign that the country’s labour market recovery is strengthening

China to take steps to boost consumption

Commerce minister highlights Beijijng’s new focus on raising domestic demand in the face of weakening exports and a property market downturn

Eurozone worries weigh on sentiment

Wariness over the region’s debt difficulties offset recent optimism about the global economy, leaving growth-focused assets scrambling for traction

Swiss bank chief refuses to stand down

Philipp Hildebrand says he is ‘not aware of any legal breaches’ in his wife’s forex transactions but accepts ‘the public also asks moral questions’

Romney presses for quick victory

Mitt Romney seeks to build on his new-found momentum by closing the gap with his more conservative rivals for the Republican nomination

Buffett to sing for Chinese New Year

Billionaire investor will sing and play guitar to celebrate the country’s upcoming Lunar New Year in a special broadcast on state television