News

Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.

Five Questions About: The Co-op bank

What's happened – has it gone bust?

A dealer at the Korea Exchange Bank in Seoul, where the benchmark Korea Composite Stock Price Index (KOSPI) shed 37.82 points to 1,850.49

Markets plunge in fear of end to US money-printing

Global sell-off on Fed move wipes out the last of the gains made by London's benchmark FTSE 100 this year

QE hopes raised for Carney despite final defeat for Sir Mervyn

Outgoing Bank of England Governor Sir Mervyn King tasted defeat in his last bid to spur on the UK economy but successor Mark Carney may yet win support for a return to the printing presses, it emerged today.

Hedge fund big-hitter Loeb ups Sony stake as he targets entertainment arm spin-off

The billionaire investor Dan Loeb has increased pressure on Sony's board by lifting his stake in the electronics group to 7 per cent.

AA to split from Saga as huge pre-crash takeover unravels

The AA is to split from its silver-haired sister company Saga in a multibillion-pound deal that undoes one of the biggest corporate takeovers of the pre-crash credit boom.

Co-op Bank strikes deal to fill £1.5bn black hole

Co-operative Bank today secured a deal with regulators to address the  £1.5 billion hole in its balance sheet without any injection of cash from  the taxpayer.

Cineworld stands tall with a 4.5 per cent yield as well as strong earnings growth of 12 per cent a year

Mark Dampier: Slater’s investment mix gives balance

At the time of writing, the UK stock market, as measured by the FTSE All Share Index, has fallen around  7 per cent from the high it reached just a few weeks ago.

The Business Matrix: Wednesday 12 June 2013

Tokyo refuses more stimulus

Japan holds steady on stimulus policy

Japan's central bank has refrained from promising more stimulus for the world's third-largest economy despite equity and bond market turbulence in recent weeks.

SoftBank raises offer to $21.6bn in battle for Sprint

Japan's SoftBank has secured the backing of a major Sprint shareholder after raising its bid for the American wireless carrier to from $20.1bn to $21.6bn (£13.9bn) to counter a rival proposal by Dish Network, the US satellite firm.

A view of Coventry's Ricoh Arena

Ricoh Arena offered to Coventry rent-free

A row over the stadium has been going on for months

More security chaos for G4S in face of investor and activist fury

More than a fifth of shareholders revolt over pay awards at annual meeting

Hamish McRae: Interest rates are on the way up at last … but don't hold your breath

Economic View: We will need all sorts of devices in the future to stop government borrowing crowding out everyone else

Margareta Pagano: Goldman's role in the Royal Mail sell-off is a red rag to the unions

The CWU should be negotiating hard to get as many shares as it can for its workers
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
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