Life and Style
 

Cosalt offer 'is aimed at saving company'

Carphone Warehouse co-founder David Ross yesterday wrote to shareholders in ailing marine safety firm Cosalt to insist his 0.1p-a-share offer was not a "bargain basement of a price".

Henrietta Knight: The trainer of Somersby said:

Somersby left flat-footed by revived Gauvain

Her best horse had been beaten again, and a wild, murky afternoon in the flatlands must have blended fairly seamlessly with her own emotional landscape. But Henrietta Knight did not have to seek far here yesterday to remember how it's an ill wind that blows no good. It was only five days previously, after all, that the horse who had just beaten Somersby dismayed his own connections with a fall at Sandown. Having duly avoided a hard race against Sizing Europe, Gauvain was able to rise from the canvas and win the Betfred Peterborough Chase – and, in the process, at least he confirmed Knight in her suspicion that Somersby nowadays requires a stiffer test of stamina.

DS Smith packs a profit

DS Smith has posted a 20 per cent rise in first-half pre-tax profits to £42.8m on improved volumes, better selling prices and an acquisition. It expects further volume increases in the second half.

Market Report: Would-be predators put off by Meggitt's many parts

Fears the aircraft-parts maker has fingers in too many pies to become a takeover target helped Meggitt finish in last place on the blue-chip index last night. Disappointed investors left the group 17.1p weaker at 366.4p after Credit Suisse said that, despites frequent bid speculation, the wide variety of its operations were likely to put off any predators.

Deal with it: Groupon ponders its future

The discount coupon leader now faces competitors big and small, angry consumers and merchants, and a fickle stock market

Global businesses face a more unstable 2012

Political instability and economic uncertainty are set to intensify next year, hitting global firms, says the risk consultancy Control Risks.

Growth is contracting, factory bosses warn

Most companies expect fewer orders next year than in 2011, according to manufacturers' body

Cable's review to tackle 'cross-pollination' of boardroom pay

If employees sat on the committees that set bosses' pay, we might see a diminution in their remuneration packages, suggests Richard Northedge

Construction growth slows despite housing boost

Britain's construction sector suffered a relapse during November, new data suggested yesterday, after posting a surprise gain in October.

Breaking news: A new man at Reuters helm

As Tom Glocer steps down as CEO, Sean Farrell reads between the lines

SDL to buy Alterian after raising bid

SDL, the UK translation group, is set to secure beleaguered marketing technology group Alterian after lifting its bid by more than a third to £68.4m.

Strike threat at New York city opera

New York City Opera declared an impasse yesterday in contract negotiations with unions for its singers and musicians, threatening to present its abbreviated season without them.

Trading scandal-hit UBS replaces risk boss

UBS, the investment banking group hit by a trading scandal in September, has replaced its risk management chief less than a year after she was appointed to the role.

Mouchel losses widen as it seals new bank deal

Mouchel's troubles increased yesterday as its losses trebled, sending the shares plunging 27 per cent. The company that turned down a £330m bid last year is now worth close to £14m.

American Airlines files for bankruptcy

The parent companies of American Airlines and its regional affiliate American Eagle are filing for bankruptcy protection.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable