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Carphone Warehouse delighted the City today by regaining full control of its High Street business from US giant Best Buy, paying less than half of what it received for the stake in 2008.

US retailers plan for a bumper holiday season as consumers start spending

American consumers hit the shops in higher-than-expected numbers last month, raising optimism among retailers planning for the holiday season. Economists already knew the US government's $3bn (£1.8bn) vehicle scrappage scheme had boosted car sales last month, but retail sales were strong across the board.

The Insider: Get in the mix with these great ice-cream makers

A quick glance at the ingredients of some supermarket ice-creams can make them sound less than appetising – extracts of Irish moss seaweed (carageenan), ground-up locust beans and corn syrup are just three of the ingredients added to commercial products to improve their taste and shelf life. There is an alternative way to indulge though, by investing in your own ice-cream maker.

Will Windows 7 be worth it?

Microsoft is already offering discounts on US pre-orders of its next-gen Windows version.

The Insider: Get a grip of the basics for maximum performance

There's a daunting number of tyres on the market. Before you start looking, you'll need some basic information about the right type for your car. You can only fit the size and specification of tyre recommended by the manufacturer for the wheels on the model you drive.

Carphone set to open Best Buy stores as it splits in two

TalkTalk broadband unit to be hived off into separately listed company

Best Buy delays UK roll out

The opening of the first Best Buy stores in the UK has been delayed until the first quarter of next year.

The Insider: Fridge-freezers

Looking for cheap chills? Try these cool cabinets

450 jobs 'at risk' at Carphone Warehouse

Carphone Warehouse said today that 450 head office and support centre jobs are "at risk" of redundancy.

Retailer Best Buy suffers from retreating value of its stake in Carphone Warehouse

Best Buy's third-quarter profits have taken a $100m hit to reflect the tumbling value of its near-3 per cent stake in Carphone Warehouse, as the retail giant revealed that it is to slash jobs and capital expenditure amid the "most challenging environment" it has ever faced in the United States.

Carphone ponders £900m spin-off of Talk Talk

Carphone Warehouse, the telecoms and broadband provider, is mulling proposals to spin off of its home phone and internet business Talk Talk, in a bid to release some of the value of the group for shareholders.

Currys owner scales back investment

Consumer electronics giant DSG today said it planned to cut capital expenditure by around £30m this year as part of efforts to deal with deteriorating consumer confidence across Europe.

DSG cautious on consumer outlook

European electrical goods retailer DSG International Plc said it did not expect its markets to recover before 2010 as it posted a drop in first-quarter underlying sales and profit margins and pledged to cut more costs.

Market Report: DSG and Kesa shares hit by HSBC downgrade

HSBC unsettled DSG International and Kesa Electricals yesterday, pouring scorn on the notion of a possible bid from Best Buy.

Carphone broadband growth hit by property slowdown

Carphone Warehouse has halved its predictions for the growth of its broadband business this year, blaming slowing consumer spending and the contracting housing market.

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform