Market Report: Schroders snaps up a 5.2 per cent stake in MySale

MySale’s share price rout hasn’t put off blue-chip investors. The Australian flash sales site has plunged since listing at 226p last June, most recently putting out a profit warning last week. Early backers, the Topshop tycoon Sir Philip Green and Sports Direct owner Mike Ashley, have lost tens of millions. But yesterday the esteemed investment house Schroders snapped up a 5.2 per cent stake. Perhaps it is betting that MySale, up 2.25p at 52.5p, has hit rock bottom.

Market Report: IAG shares climb higher after Qatar Airways boss signals the carrier could up its stake

Could Qatar be about to book a few more seats on British Airways?

Market Report: Smith and Nephew takeover in critical condition

Speculators seem to have given up on the dream of a Smith & Nephew takeover.

Week Ahead: After the bloodbath at Standard Chartered investors are prepared to be disappointed

Just how bad will the damage be for Standard Chartered? After the boardroom bloodbath this week, investors are prepared for disappointment when the emerging markets specialist bank reports on full-year performance on Wednesday. Credit Suisse predicts pre-tax profit will have fallen to $5.7bn (£3.7bn) from $6.2bn a year earlier, and warns that the group may need up to $11bn to cover commodity loans that have gone awry.

Market Report: InterContinental Hotels Group is on the march

InterContinental Hotels Group is on the march, with the tipsters betting the hotel chain could pay investors for staying.

Market Report: Saga's private equity backers are slowly retiring

Saga’s private equity backers are slowly retiring. Bank of America Merrill Lynch said yesterday that it was shifting 45 million shares in the over-50s company on behalf of Acromas at a minimum of 185p – exactly the price at which it floated last May.

Market Report: BlackRock snaps up a 4.77 per cent stake in Ladbrokes

BlackRock is taking a punt on Ladbrokes. The investment goliath revealed itself on the share register of the bombed-out bookie last night after markets closed, having snapped up a 4.77 per cent stake.

Market Report: IAG's takeover of Aer Lingus stalls

IAG’s takeover of Aer Lingus continues to stall.

Ukrainian natural resources industries have been affected by the on-going civil war

Market Report: British-based energy operator seems destined to suffer

JKX Oil & Gas seems destined to just suffer and suffer. The British-based energy operator focuses on Russia and Ukraine and, perhaps understandably, has had a tough time of it over the past year.

Market Report: Credit Suisse tips Regus for big things

You don’t have to be a jeans-and-jacket venture capitalist to make a buck out of the recent boom in start-ups – at least not according to Credit Suisse.

Market Report: Kenmare Resources shedding up to 20 per cent of workers at its Mozambique titanium mine

There’s no let up for Kenmare Resources. The Irish miner has been locked in emergency talks with lenders, but yesterday admitted it was fighting fires on another front. Despite cost-cutting, the collapse in minerals prices means Kenmare is shedding up to 20 per cent of workers at its Mozambique titanium mine. It comes as a deadline for debt talks looms at the end of this month. Shore Capital’s Yuen Low said the fact that Kenmare had been forced to make these cuts so close to the cutoff period did not bode well. Kenmare collapsed 0.46p to 3.66p.

Market Report: Punters who gambled on Bwin.Party are out of pocket

Punters who gambled on Bwin.Party are out of pocket.

Market Report: Quindell investors set pulses racing

There’s never a dull day with Quindell but yesterday it was investors’ antics that set pulses racing. A sale of 21 million shares in the outsourcing specialist sent a flurry of excitement through the market in the afternoon, and led many to speculate that Toscafund was behind the trade. The hedge fund sold 2.2 million Quindell shares earlier in the week, so it wouldn’t have been out of the blue for Tosca to dump its stake. But a market source noted that the firm often trades shares between its funds and so may simply have been shuffling the deck rather than ditching it altogether. Quindell’s stock dipped by 3.75p to 67p.

Market Report: Tullow Oil suffers fall and scraps its dividend

Another dark day for oil – Tullow Oil tumbled by more than 7 per cent yesterday after falling to its first loss in 15 years and scrapping its dividend.

Market Report: Chemring jumps after bid rumours

Punters are backing Chemring for a bid. The defence and aerospace manufacturer jumped 13p to 233.25p as whispers circulated yesterday that the business could be a target. US private equity house KKR was mentioned as a potential interested party, while others said BAE Systems, up 8p at 522.5p, was looking. An offer price of 400p a share was touted.

News
Greggs is making more use of centralised bakeries, letting stores get on with selling meal deals, healthier sandwiches and coffee
Catering to the breakfast and lunch crowds has worked wonders
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Economic View: Do mountaineers get 100 metres from the summit and celebrate? It's the peaks that matter, says Ben Chu
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The performance of ITV1 was the main reason for the decline. But advertisers appear willing to pay more for less, says James Moore
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Andrea Leadsom came to public attention for her questioning of Barclays’ Bob Diamond
The Economic Secretary to the Treasury wants the public to know that errrant bankers are being chased down, bailout money is being recovered and that it will not be allowed to happen again. Margareta Pagano meets her
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Auntie is not fit for privatisation and, possibly, never will be, says Mark Leftly
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Barclays to set aside nearly £500m
'Adjusting out' the nasty bits doesn't give us a clearer picture of Barclays, says James Moore
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Germany and Greece succeeded in agreeing on a breakthrough of a four-month bailout extension
Greece fundamentally suffers from lack of revenue, says Satyajit Das
New Articles
Warren Buffett is the exception - fund managers must be monitored
It might be time to divert some watchdog resources towards the fund-management industry, says James Moore
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Nemtsov in 2012; he was, said Britain’s former ambassador to Russia, ‘charismatic, determined, and, finally, brave’
Britain must toughen up on money laundering and corruption in the spirit of Nemtsov, says Jim Armitage
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A recent rise in net migration has been considered bad news for the Government
Despite what Governor Mark Carney has claimed the Bank of England does not have the tools to make it go away, says David Blanchflower
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MPs will publish recommendations aimed at improving small business productivity this week
David Prosser: Small businesses hold the key to raising Britain's productivity
News
The venture dug a hole for itself when it sought to raise funds for its Russian goldmines
Petropavlovsk's shareholders yesterday voted to wipe out the value of their investment. Jim Armitage reports on how the shine came off the company
News
David Potts started out as a Saturday boy in Tesco
After a vertiginous rise through the ranks of rival Tesco, David Potts was yesterday named boss of Morrisons. So are his former employers in his sights? Simon Neville finds out
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Six banks were fined, including Royal Bank of Scotland (RBS), for trying to manipulate foreign-currency prices are a stark reminder of the need for sweeping changes
Video: Oscar Williams-Grut provides a run-down of the day's major news from the City
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Confessions of a planespotter

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Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

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Virginia Ironside was my landlady

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Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

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Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

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Khan ready to meet winner of Mayweather v Pacquiao

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Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable