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The bank’s asset management business is on course to return to profit as early as this year, well ahead of the so-called good part of the nationalised lender Read full story on FT.com –

Gross government lending to state-owned lender rises by £8.5bn to £22.8bn but the group’s underlying loss falls in second half as it splits into ‘good’ and ‘bad’

Ferrous Resources, the emerging Brazilian iron ore producer, has revived plans for a London flotation that could be worth $3bn-$4bn Read full story on FT.com – Americas, Business

Britain’s leading organisation for graduate employers has called on ministers to end the cap on university tuition fees to restore the quality of degrees Read full story on FT.com – UK

The Budget is an ideal time to ease pressure on companies, say employer and executive groups, with the CBI employers’ organisation and the Institute of Directors both publishing Budget

Icelanders voted overwhelmingly to reject a €3.9bn debt repayment deal with Britain and the Netherlands in a move that threatens to derail international support for the country’s crisis-hit

Prince Max of Liechtenstein is enticing wealthy investors up and down Britain to come clean over assets hidden abroad by promoting his tax haven’s “unique and attractive”

Britain’s next government should create a £5bn French-style fund to make strategic long-term investments in manufacturing companies, the Trades Union Congress says Read full story on FT.com

The French conglomerate is considering moving into Brazil’s highly competitive mobile phone market after finalising a €3bn deal to buy one of the country’s fixed-line broadband

A massive 8.8 magnitude earthquake struck south-central Chile, killing 147, knocking down buildings and triggering unusually high waves in the south Pacific six weeks after a devastating quake