Warren Buffett's Berkshire Hathaway suffered its worst return against the stock market for a decade in 2009 - a year which saw indices around the world rally.

BRITAIN'S economy will finally make it out of recession in the last quarter of 2009, but will perform much less strongly in each of the next three years than the Government is currently forecasting, the CBI will say today.

Insurers are planning to introduce a new product to help companies limit the financial fall-out when their brands or high-profile spokesmen such as Tiger Woods suffer reputational damage, reports the Financial Times.

The FTSE 100 opened morning trading in positive territory, with financials leading the way.

Gartmore Group today announced an offer price of 220p per ordinary share for its initial public offering (IPO) on the London Stock Exchange, valuing the company at around £676m.

London's leading shares surged in morning trading, with mining stocks leading the charge on the back of positive economic data coming out of China.

The Cautious Managed sector held on to top spot in the Cofunds sales chart for November for the third consecutive month.

Banks will be subjected to a one-off levy of 50% on any bonuses above £25,000.

The biggest financial crisis in modern British history heralded an unprecedented bonanza in fees for City lawyers, accountants and advisers, according to the definitive assessment of Treasury spending on the bail-outs.

Comcast is set to buy a majority stake in the owner of the NBC television network.