Economics

Shares in Asia climbed overnight despite a stalemate in Europe as talks between Greek bondholders and politicians dragged on.

Billionaire investor Warren Buffett has pledged to give a chunk of his income to help pay down the US' national debt, if politicians do the same.

Fidelity European fund manager Sam Morse has clashed with peer Chris Rice at Cazenove over the outlook for key European stock Nestlé.

UK markets were firmer today, reaching new highs for 2012 as investors went to risk-on mode, despite the threat of a stand-off between Greece and its bondholders.

Credit rating agency Moody's has placed Tesco's long-term debt rating under review for a possible downgrade following its recent profit warning.

Private creditors negotiating with Greece over its debt restructuring have made a "maximum" offer over the amount of losses they will accept, according to reports.

We ask fund managers for their top stocks or sector picks for 2012.

JO Hambro Capital Management has removed the initial charge on its top performing UK Equity Income fund, managed by Clive Beagles and James Lowen, in a bid to raise up to £300m.

Shares in UK oil major BP were off more than 3% today as investors fretted over a warning from a well known analyst that the settlement for 2010's Gulf of Mexico disaster could be well above estimates.

Investec Asset Management's Bradley George has revealed the three commodities he expects to outperform this year as the market starts to look through the eurozone crisis to focus on fundamentals.