News

The newly forged iron ore-to-copper empire Glencore Xstrata was forced to slash the value of its assets by $8.5bn (£5.4bn) in the first set of results since the merger that created it.

Yell chief seeks online growth

Michael Pocock, Yell's new chief executive, will talk up opportunities to expand the heavily indebted FTSE 250 directories group online in next week's third-quarter results.

LSE hails TMX deal but Canadians remain wary

Shares in the London Stock Exchange soared yesterday after it confirmed plans to merge with TMX Group, which owns the Toronto stock exchange.

London Stock Exchange in Toronto merger talks

TMX Group, the operator of the Toronto Stock Exchange, says it is in advanced talks to merge with the London Stock Exchange in a deal that would make it one of the world's largest stock markets.

Miners agree to special Chilean tax

A host of big-name mining firms have agreed to pay higher taxes to help fund reconstruction work in the wake of last year's devastating earthquake in Chile, the world's leading copper producer.

2010 at a glance: Cuts, spills, and failed floats

January

The US takes over two of Britain's market-leading brands: buy-out group KKR pays £955m for Pets at Home, and Cadbury bows to Kraft's £11.5bn offer.

David Prosser: French protectionism might make us smile, but it is still dangerous

Outlook: Britain may stick by its liberal approach to clearing foreign takeovers of domestic companies, but others will heed calls for bars on overseas buyers

The Business On: Baroness Vadera, Former minister

Wasn't she a big cheese under Labour?

Third time unlucky as BHP drops $39bn bid for Potash Corp

The world's largest miner failed to win Canada's backing despite making more than $1bn in concessions. Nikhil Kumar reports

Market Report: Pubs hope to call time on recent troubles

There was cause for cheer among pub groups yesterday, after investors were urged to make merry as analysts forecast a stable future for the troubled sector. Many of the major names saw their share prices rise in the wake of an extensive note from Execution Noble that encouraged the market to "get the pints in". In the research, the broker's analysts upgraded both Punch Taverns and Greene King to "buy", and they dutifully rose 1.05p to 68.1p and 3.6p to 446.8p, respectively.

Business News in Brief: Administrator seeks operator to run Pontin’s

Pontin’s, the holiday parks firm, has gone into administration it was announced on Friday evening.

Shell to sell Woodside stake

Shell has put a significant portion of its 34 per cent stake in Woodside Petroleum up for sale for $3.3bn (£2bn), fuelling speculation that Australia's largest oil and gas firm could become a bid target.

After precious potash, what else is hot?

Your guide to what's worth a flutter in commodities. Richard Northedge reports

David Prosser: Canada embraces protectionism

Outlook If only Britain had more Canadian instincts. That presumably is the feeling in Bournville – six months after Cadbury was sold to Kraft, despite a vociferous campaign to keep it British, people will have noticed that the Anglo-Australian mining company, BHP Billiton, has just been told it will not be allowed to buy Potash, the giant Canadian fertiliser business.

Canada blocks BHP's $39m Potash takeover

The Canadian government has blocked BHP Billiton's $39bn bid for one of the country's biggest miners, PotashCorp of Saskatchewan, bowing to gathering protectionist sentiment over the deal.

City awaits fate of BP dividend

All City eyes will be on BP next week as investors look for news on whether the beleaguered oil giant will restore its dividend payment.

Latest stories from i100
Career Services

Day In a Page

A
Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

Laughter, but no tears, as Letterman takes his bow after 33 years

Veteran talkshow host steps down to plaudits from four presidents
Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

Hozier's 'blasphemous' song takes Novello award

Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

Join the tequila gold rush

The spirit has gone from a cheap shot to a multi-billion pound product
12 best statement wallpapers

12 best statement wallpapers

Make an impact and transform a room with a conversation-starting pattern
Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

Paul Scholes column

Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?