News

EasyJet shares plummeted after the budget airline warned that the timing of Easter would have an impact on its first-half results.

Thousands face axe in rethink at Yahoo

The 14,000 employees of Yahoo are bracing for thousands of layoffs that could begin as early as this week as the company's new chief executive finalises a major new strategy for the internet firm.

One Tory MP suggested the Budget had damaged Osborne’s reputation as a strategist

Tories attack Osborne over 'inept' Budget

Chancellor's handling of freeze on pension allowances sparks fury on back benches

England Test captain Andrew Strauss

Andrew Strauss expects tough conditions in Sri Lanka

Andrew Strauss expects Sri Lankan conditions to provide a tough physical test for England.

£1.9bn dividend windfall from Persimmon

The City piled into Persimmon yesterday as the housebuilder unveiled a £1.9bn dividend giveaway, sending the shares roaring 13 per cent higher to 706.5p.

Yahoo may sue Facebook

Yahoo is threatening to sue Facebook for allegedly infringing more than a dozen patents covering how to personalise websites, serve adverts and run a social network.

Market Report: M&S up on talk Bolland's plan may make its Marc

It has been 15 months since Marc Bolland unveiled his three-year plan for Marks & Spencer and – judging by the market's reaction – investors have hardly been blown away. Since the boss of the high street institution, who had started the job just six months earlier, announced an ambitious, £900m investment program in November 2010, its share price has dropped more than 10 per cent.

Peugeot accelerates after alliance talks with GM

Shares in PSA Peugeot Citroen, the No 2 car maker in Europe, surged yesterday on news that it was discussing an alliance with General Motors of the US, which could include the two companies taking stakes in each other.

Suddenly, a Knock on the Door, By Etgar Keret, trans. Miriam Shlesinger, Sondra Silverston & Nathan Englander

In the title story of Etgar Keret's fifth collection, a writer is confronted by a series of guests: all armed, each wanting to hear a story. As he tries to satisfy their demands, a gun against his head, the narrator ruefully reflects, "I bet things like this never happen to Amos Oz or David Grossman". It's a slyly comic aside that also serves as a point of differentiation. Keret may have glowing testimonies from the likes of Salman Rushdie, Yann Martel and Oz himself, but is yet to achieve the huge international status afforded his fellow Israelis. While Suddenly, a Knock on the Door is unlikely to raise Keret to such a rarefied field, it remains a maddening, abruptly moving and effortlessly funny collection.

Sudden spike in price of crude oil raises costs for manufacturers

A sudden spike in crude oil pushed up manufacturers' costs in January, giving the Bank of England a fresh inflation warning a day after it voted to pump an extra £50bn into the struggling UK economy.

Unilever boss defends scrapping of 'unjustified' final salary pension scheme

The chief of the world's second-biggest consumer goods company has defended his position on scrapping the firm's final salary pension scheme.

Yum Brands calls in PwC to sell off its Pizza Huts in the UK

The restaurants giant Yum Brands has appointed an accountancy firm to sell its Pizza Hut UK business.

Co-op set to axe more jobs at its head office

The Co-operative Group's food business is to cut more jobs at its Manchester head office next month after warning of a financial hit from "some of its toughest trading conditions in recent history".

Portsmouth issued with winding-up petition over unpaid taxes

Portsmouth have been issued with a winding-up petition by HM Revenue and Customs.

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Minoan Crete and Santorini
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Fifa corruption: The 161-page dossier that exposes the organisation's dark heart

The 161-page dossier that exposes Fifa's dark heart

How did a group of corrupt officials turn football’s governing body into what was, in essence, a criminal enterprise? Chris Green and David Connett reveal all
Mediterranean migrant crisis: 'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves,' says Tripoli PM

Exclusive interview with Tripoli PM Khalifa al-Ghweil

'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves'
Raymond Chandler's Los Angeles: How the author foretold the Californian water crisis

Raymond Chandler's Los Angeles

How the author foretold the Californian water crisis
Chinese artist who posted funny image of President Xi Jinping facing five years in prison as authorities crackdown on dissent in the arts

Art attack

Chinese artist who posted funny image of President Xi Jinping facing five years in prison
Marc Jacobs is putting Cher in the limelight as the face of his latest campaign

Cher is the new face of Marc Jacobs

Alexander Fury explains why designers are turning to august stars to front their lines
Parents of six-year-old who beat leukaemia plan to climb Ben Nevis for cancer charity

'I'm climbing Ben Nevis for my daughter'

Karen Attwood's young daughter Yasmin beat cancer. Now her family is about to take on a new challenge - scaling Ben Nevis to help other children
10 best wedding gift ideas

It's that time of year again... 10 best wedding gift ideas

Forget that fancy toaster, we've gone off-list to find memorable gifts that will last a lifetime
Paul Scholes column: With the Premier League over for another year, here are my end of season awards

Paul Scholes column

With the Premier League over for another year, here are my end of season awards
Heysel disaster 30th anniversary: Liverpool have seen too much tragedy to forget fateful day in Belgium

Liverpool have seen too much tragedy to forget Heysel

Thirty years ago, 39 fans waiting to watch a European Cup final died as a result of a fatal cocktail of circumstances. Ian Herbert looks at how a club dealt with this tragedy
Amir Khan vs Chris Algieri: Khan’s audition for Floyd Mayweather may turn into a no-win situation, says Frank Warren

Khan’s audition for Mayweather may turn into a no-win situation

The Bolton fighter could be damned if he dazzles and damned if he doesn’t against Algieri, the man last seen being decked six times by Pacquiao, says Frank Warren
Blundering Tony Blair quits as Middle East peace envoy – only Israel will miss him

Blundering Blair quits as Middle East peace envoy – only Israel will miss him

For Arabs – and for Britons who lost their loved ones in his shambolic war in Iraq – his appointment was an insult, says Robert Fisk
Fifa corruption arrests: All hail the Feds for riding to football's rescue

Fifa corruption arrests

All hail the Feds for riding to football's rescue, says Ian Herbert
Isis in Syria: The Kurdish enclave still resisting the tyranny of President Assad and militant fighters

The Kurdish enclave still resisting the tyranny of Assad and Isis

In Syrian Kurdish cantons along the Turkish border, the progressive aims of the 2011 uprising are being enacted despite the war. Patrick Cockburn returns to Amuda
How I survived Cambodia's Killing Fields: Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape the US

How I survived Cambodia's Killing Fields

Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape to the US
Stephen Mangan interview: From posh buffoon to pregnant dad, the actor has quite a range

How Stephen Mangan got his range

Posh buffoon, hapless writer, pregnant dad - Mangan is certainly a versatile actor