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| BBC News - Business |
| VIDEO: Greeks withdraw millions from banks Thu, 17 May 2012 05:47:01 GMT Savers in Greece have been withdrawing hundreds of millions of euros from Greek banks, amid fears the country may have to withdraw from the single currency. |
| VIDEO: Ad boss on Facebook's power Thu, 17 May 2012 01:36:12 GMT Sir Martin Sorrell explains to Rory Cellan-Jones the strengths and weaknesses of Facebook when it comes to advertising, as the company prepares to float on the stock exchange. |
| VIDEO: ECB's 1-trillion-euro bank rescue Thu, 17 May 2012 00:36:08 GMT Benoit Coueure, from the European Central Bank, has been speaking about their decision to provide a loan of more than a trillion euros to hundreds of banks. |
| VIDEO: 'It's taken a long time to find a job' Wed, 16 May 2012 11:15:03 GMT UK unemployment has fallen for the second month in a row. However, figures also show a record number of people working part-time who would rather be doing full-time jobs. |
| VIDEO: Eurozone 'storm' could threaten UK Wed, 16 May 2012 22:15:58 GMT The Bank of England has cut its growth forecast for this year to 0.8% from 1.2%, saying the eurozone "storm" is still the main threat to UK recovery. |
| AUDIO: Why do people invest in gilts? Wed, 16 May 2012 09:36:15 GMT David Miller, partner at Cheviot Asset Management and Ian Williams, Chairman of Charteris Treasury Portfolio Managers, discuss the pros and cons of bond yields. |
| VIDEO: Mervyn King has 'misjudged' eurozone Wed, 16 May 2012 21:24:39 GMT Steffen Kampeter, the German deputy Finance Minister has told Newsnight that the governor of the Bank of England Mervyn King has 'misjudged' the activities of the eurozone. |
| VIDEO: Life as a shoemaker is revealed Wed, 16 May 2012 05:15:25 GMT Newsbeat talks to a shoemaker's apprentice about an often overlooked career path. |
| VIDEO: Young black men fight to get work Wed, 16 May 2012 13:47:58 GMT Unemployment is falling, but for young black men it is still hard to find work. More than half are without a job, so what is it like applying every day? |
| VIDEO: India attempts to prop up rupee Wed, 16 May 2012 16:23:43 GMT The Indian central bank has been intervening in currency markets to buy the rupee, after it sank to a five month low against the US dollar. |
| VIDEO: UK 'going through national pay cut' Wed, 16 May 2012 11:05:26 GMT Britain has been going through a "national pay cut" with most people not having a rise in two years, the City AM editor said. |
| AUDIO: 'Sheer chaos' if Greece leaves euro Wed, 16 May 2012 07:40:13 GMT What are the economic implications of the decision to leave or stay in the eurozone that Greece has to make? Andrew Balls, of PIMCO, a global investment firm, and Carsten Brzeski from ING bank in Brussels, debate the question. |
| VIDEO: Eurozone economy avoids recession Tue, 15 May 2012 13:22:21 GMT The eurozone has narrowly avoided returning to recession after recording zero growth in the first three months of the year, figures have shown. |
| VIDEO: Mixed unemployment picture for UK Wed, 16 May 2012 18:32:34 GMT Unemployment has fallen in the UK but the jobless total is still high. |
| VIDEO: 'Royal' diamond sold for $10m Wed, 16 May 2012 02:02:12 GMT The 35 carat Beau Sancy diamond is at least 400 years old, and until now has been owned only by members of Europe's royal families. |
| VIDEO: Hopes for West Country mining Tue, 15 May 2012 11:44:23 GMT Contracts giving a mining company ownership of land in Cornwall which it says it needs for new buildings have been signed. |
| VIDEO: How are UK exporters surviving? Tue, 15 May 2012 10:17:52 GMT How are European exporters weathering the economic crisis? |
| VIDEO: 'Made in the UK' Tue, 15 May 2012 12:20:32 GMT Rising costs in the Far East mean that an increasing number of businesses are considering moving production back to the UK. |
| VIDEO: Euro uncertainty 'undermining recovery' Tue, 15 May 2012 11:53:17 GMT The UK Chancellor says uncertainty about Greece and the euro is "undermining the entire European recovery". |
| VIDEO: What lies ahead for Hermes? Mon, 14 May 2012 23:42:51 GMT The luxury handbag maker Hermes is celebrating its 175th anniversary. How will this traditional, family-run business face the future? |
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| Word of the day |
Merriam-Webster's Word of the Day for May 17, 2012 is:
maffick • \MAF-ik\ • verb
: to celebrate with boisterous rejoicing and hilarious behavior
Examples:
Fans mafficked for hours outside the stadium, celebrating the team's dramatic victory in the division championship.
"In half an hour, after the mildest of mafficking, the last visitors of the exhibition's last day had gone out of the gates and the staff began their final acts of closing up shop." — From an article in The Guardian (London), October 1, 2011
Did you know?
"Maffick" is an alteration of Mafeking Night, the British celebration of the lifting of the siege of a British military outpost during the South African War at the town of Mafikeng (also spelled Mafeking) on May 17, 1900. The South African War was fought between the British and the Afrikaners, who were Dutch and Huguenot settlers originally called Boers, over the right to govern frontier territories. Though the war did not end until 1902, the lifting of the siege of Mafikeng was a significant victory for the British because they held out against a larger Afrikaner force for 217 days until reinforcements could arrive. The rejoicing in British cities on news of the rescue produced "maffick," a word that was popular for a while, especially in journalistic writing, but is now relatively uncommon.