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.

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.

£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.

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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Mullah Omar, creator of the Taliban, is dead... for the fourth time

Mullah Omar, creator of the Taliban, is dead... again

I was once told that intelligence services declare their enemies dead to provoke them into popping up their heads and revealing their location, says Robert Fisk
Margaret Attwood on climate change: 'Time is running out for our fragile, Goldilocks planet'

Margaret Attwood on climate change

The author looks back on what she wrote about oil in 2009, and reflects on how the conversation has changed in a mere six years
New Dr Seuss manuscript discovered: What Pet Should I Get? goes on sale this week

New Dr Seuss manuscript discovered

What Pet Should I Get? goes on sale this week
Oculus Rift and the lonely cartoon hedgehog who could become the first ever virtual reality movie star

The cartoon hedgehog leading the way into a whole new reality

Virtual reality is the 'next chapter' of entertainment. Tim Walker gives it a try
Ants have unique ability to switch between individual and collective action, says study

Secrets of ants' teamwork revealed

The insects have an almost unique ability to switch between individual and collective action
Donovan interview: The singer is releasing a greatest hits album to mark his 50th year in folk

Donovan marks his 50th year in folk

The singer tells Nick Duerden about receiving death threats, why the world is 'mentally ill', and how he can write a song about anything, from ecology to crumpets
Let's Race simulator: Ultra-realistic technology recreates thrill of the Formula One circuit

Simulator recreates thrill of F1 circuit

Rory Buckeridge gets behind the wheel and explains how it works
Twitter accused of 'Facebookisation' over plans to overhaul reverse-chronological timeline

Twitter accused of 'Facebookisation'

Facebook exasperates its users by deciding which posts they can and can’t see. So why has Twitter announced plans to do the same?
Jane Birkin asks Hermès to rename bag - but what else could the fashion house call it?

Jane Birkin asks Hermès to rename bag

The star was shocked by a Peta investigation into the exotic skins trade
10 best waterproof mascaras

Whatever the weather: 10 best waterproof mascaras

We found lash-enhancing beauties that won’t budge no matter what you throw at them
Diego Costa biography: Chelsea striker's route to the top - from those who shared his journey

Diego Costa: I go to war. You come with me...

Chelsea's rampaging striker had to fight his way from a poor city in Brazil to life at the top of the Premier League. A new book speaks to those who shared his journey
Ashes 2015: England show the mettle to strike back hard in third Test

England show the mettle to strike back hard in third Test

The biggest problem facing them in Birmingham was the recovery of the zeitgeist that drained so quickly under the weight of Australian runs at Lord's, says Kevin Garside
Women's Open 2015: Charley Hull - 'I know I'm a good golfer but I'm also just a person'

Charley Hull: 'I know I'm a good golfer but I'm also just a person'

British teen keeps her feet on ground ahead of Women's Open
Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkish President Erdogan could benefit politically from the targeting of the PKK, says Patrick Cockburn
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn or a return to a Labour government

Our choice is years of Tory rule under Corbyn or a return to a Labour government

Yvette Cooper urged Labour members to 'get serious' about the next general election rather than become 'a protest movement'