Business week in review
Sunday 28 October 2012
In profit ...
BP boss Bob Dudley was surely cracking open the vodka on Monday, when BP agreed to sell its half of the TNK-BP joint venture to Rosneft for $27bn (£16.8bn) in cash and shares.
On the same day, search engine Yahoo! unveiled adjusted earnings per share for the third quarter of 35 cents, up on the forecast 25 cents. Not a bad first impression for new chief exec Marissa Mayer.
And Wednesday saw British American Tobacco chief Nicandro Durante puff up 4 per cent revenue growth.
... at a loss
On Monday black-cab maker Manganese Bronze crashed into administration as a steering defect sparked a cash crisis. Boss John Russell says London's 'Icon' cabs will be saved.
Wednesday saw ex-Société Générale rogue trader Jéröme Kerviel fail in his appeal against a three-year jail term. He was ordered to repay the near €5bn (£4bn) he lost the bank; it will take him 300,000 years ...
And it was a bad Thursday for WPP head Sir Martin Sorrell as shares fell on news his ad giant had cut revenue-growth forecasts for the second time since August.
- 1 This 'woman calls police to order pizza' story isn't going where you're expecting
- 2 Axe wielding man shot dead after attacking four New York policemen on busy street
- 3 Watch what happened when food critics were unknowingly served McDonald's
- 4 Jimmy Carr's Oscar Pistorius joke goes a bit too far at the Q Awards
- 5 Ottawa shootings: Bruce MacKinnon's cartoon is the perfect tribute to soldier Nathan Cirillo
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Thousands with degenerative conditions classified as 'fit to work in future' – despite no possibility of improvement
Attacks on 'Ukip Calypso' show how skewed people’s priorities are
Poppy Appeal 2014: This is why I won't be wearing a red poppy this year
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