News The logo of Samsung Electronics is displayed on a glass door at their headquarters in Seoul on November 6, 2013. Samsung Electronics promised better shareholder returns, dismissed fears over smartphone market saturation and signalled a more aggressive acquisitions policy Wednesday at a rare analysts' briefing to boost its flagging stock price.

Samsung has announced plans to open 60 of its own branded stores in Britain and six other European countries, in a bid to challenge Apple's successful retail store approach.

Morrisons kids' shop takes over leases of 10 Best Buy stores

Kiddicare, the online baby products retailer acquired by Morrisons last year for £70m, has bought the 10 shops exited by the electricals retailer Best Buy UK this month.

Carphone Warehouse hit as pre-pay customers hang up

Carphone Warehouse has suffered from tumbling pre-paid revenues during the consumer downturn, which hit its third-quarter underlying sales by nearly 5 per cent.

Best Buy to start shutting stores

Best Buy will start closing down its UK stores on Sunday after throwing in the towel in its battle to shake up the UK electronics market.

What the Sunday Papers said...

The Independent on Sunday: Business leaders expect economy to worsen

Ross set to take Cosalt private with knockdown offer

Shareholders in beleaguered offshore safety company Cosalt were yesterday in effect told to accept a knockdown offer or watch the business plunge into receivership.

Ailing Cosalt may go private

David Ross has made an approach to take Cosalt, the offshore safety company he chairs, private for 0.1p a share, or £400,000.

Rude awakening from Best Buy's big dream

The US electricals giant is closing 11 UK stores after being hit by a lethal combination of tough conditions and poor timing

David Prosser: Is Sir Ken the only one to have blundered?

Outlook The curious case of Sir Ken Morrison, fined yesterday for failing to tell Morrisons he had sold off his holdings in the supermarket group, is reminiscent of another recent share ownership scandal. Sir Ken appears to have simply overlooked his duty to inform the company of the disposals he made, just as, in 2008, David Ross, a significant shareholder in Carphone Warehouse, inadvertently fell foul of rules requiring him to declare he had pledged chunks of his holdings as collateral against certain loans.

Drama at Cowes as 40-foot catamaran overturns

Life turned upside down for John Pink when the 40-foot catamaran he was racing went head over heels at the Extreme Sailing Series off Cowes yesterday.

Poor UK sales pull down Carphone

Carphone Warehouse suffered more bad news in the UK as it revealed that its domestic performance had dragged down its European sales.

Dixons chief gets bonus despite mounting losses

John Browett, the chief executive of Dixons Retail, has pocketed a cash bonus of £122,000 for the year just ended, despite the owner of Currys delivering a loss of nearly £225m.

When in Rome...roaming costs should be cheaper

A new charging regime for using mobile phones abroad promises price cuts for customers

Comet's slide into the red forces Kesa to ready the for-sale sign

Kesa Electricals has admitted for the first time that it is considering selling off its Comet chain after the British company sank to a loss of nearly £9m last year.

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The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn
Yvette Cooper: We can't lose the election. There's too much on the line

Yvette Cooper: We can't lose the election. There's too much on the line

The shadow Home Secretary on fighting radical Islam, protecting children, and why anyone in Labour who's thinking beyond May must 'sort themselves out'
A bad week for the Greens: Leader Natalie Bennett's 'car crash' radio interview is followed by Brighton council's failure to set a budget due to infighting

It's not easy being Green

After a bad week in which its leader had a public meltdown and its only city council couldn't agree on a budget vote, what next for the alternative party? It's over to Caroline Lucas to find out
Gorillas nearly missed: BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter

Gorillas nearly missed

BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter
Downton Abbey effect sees impoverished Italian nobles inspired to open their doors to paying guests for up to €650 a night

The Downton Abbey effect

Impoverished Italian nobles are opening their doors to paying guests, inspired by the TV drama
China's wild panda numbers have increased by 17% since 2003, new census reveals

China's wild panda numbers on the up

New census reveals 17% since 2003
Barbara Woodward: Britain's first female ambassador to China intends to forge strong links with the growing economic superpower

Our woman in Beijing builds a new relationship

Britain's first female ambassador to China intends to forge strong links with growing economic power
Courage is rare. True humility is even rarer. But the only British soldier to be awarded the Victoria Cross in Afghanistan has both

Courage is rare. True humility is even rarer

Beware of imitations, but the words of the soldier awarded the Victoria Cross were the real thing, says DJ Taylor