News

Istanbul aggressively increased its overnight lending rate to 12% from 7.75%

Morrisons expects tough year after flat festive season

Morrisons laid bare the extent of subdued trading in the grocery sector yesterday, unveiling festive sales growth below expectations as it warned of another "tough year" ahead. The supermarket boasted of "outperforming" the sector as recently as November, but yesterday said that sales growth was only "in line with the market".

Mystery of Germany's 13bn missing Deutsche Marks

German mistrust of the euro was graphically illustrated by new figures published yesterday which revealed that over 13 billion worth of Deutsche Marks were still unaccounted for a decade after the introduction of the single currency

Yell pays banks £17m in fees deal to ease its debt burden

The troubled Yellow Pages publisher Yell has won a crucial breathing space after lenders agreed to relax rules on its £2.6bn debt load.

Fees bonanza after Old Mutual sell-off

The moribund City deal market got an injection of life yesterday when Old Mutual said it would offload its Nordic business for £2.1bn.

Package bomb found at Greek Embassy in Paris

A package bomb sent to the Greek Embassy in Paris was discovered by authorities and safely disabled today, and caused no injuries or damages, an embassy official said.

Office letter bomb attack leaves tax chief injured

A letter bomb exploded at an office of Italy's tax collection agency yesterday, wounding the organisation's director.

Letter bomb sent to Josef Ackermann

An envelope sent to one of the world's most prominent bankers contained a live letter bomb, German authorities said yesterday.

Deutsche Bank chief Josef Ackermann targeted by letter bomb

A suspicious package addressed to Deutsche Bank chief Josef Ackermann contained a fully functional bomb, German authorities say.

Croda's an attractive tip for a pretty good new year

If you trust the opinions of analysts in the Square Mile, 2012 could be a pretty good year for Croda. They painted an optimistic picture yesterday of the future for the chemicals group – its customers include make-up giants L'Oréal and Estée Lauder – claiming a growing need to look good has left it sitting pretty.

Market Report: Vedanta Resources misses out on long-awaited rally

The blue-chip index's worst losing streak for nearly nine years may have finally come to an end last night, but Vedanta Resources was among those missing on the long-overdue rally.

The Business On... Josef Ackermann, chairman of the IIF

The German banker?

The Week Ahead: Black gold production is down but profits set to rise

The focus is on the giant oil companies this week as BG, BP and Royal Dutch Shell issue third-quarter results. Given the spike over the last year in the price of the black gold, earnings comparisons are likely to be strong across the board, although crude has edged back in the last few months.

Market Report: Return of bid talk helps Smith & Nephew

The revival of bid rumours, plus claims that investors are seriously undervaluing the artificial hips and knees manufacturer, helped Smith & Nephew (S&N) continue on its road to recovery yesterday.

FTSE rises as recession fears ease

London's leading shares index closed nearly 3% higher today after a favourable stockbroker's note triggered a strong session for Britain's beleagured banking shares.

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Premier League Live
footballLIVE Follow all the Premier League action as it happens
Life and Style
3D printed bump keys can access almost any lock
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The slice of Prince Charles and Princess Diana's wedding cake and the original box from 29 July 1981
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James Argent from Towie is missing, police say
peopleTV star had been reported missing
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Gregg Wallace in Summer's Supermarket Secrets
tv All of this year's 15 contestants have now been named
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i100(and it's got nothing to do with the Great British Bake Off)
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Inside the gallery at Frederick Bremer School in Walthamstow
tvSimon Usborne goes behind the scenes to watch the latest series
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A picture taken on January 12, 2011 shows sex shops at the Paris district of Pigalle.
newsThe industry's trade body issued the moratorium on Friday
Arts and Entertainment
Could we see Iain back in the Bake Off tent next week?
tv Contestant teased Newsnight viewers on potential reappearance
Life and Style
Silvia says of her famous creation: 'I never stopped wearing it. Because I like to wear things when they are off the radar'
fashionThe fashion house celebrated fifteen years of the punchy pouch with a weighty tome
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
From Mozart to Orson Welles: Creative geniuses who peaked too soon

Creative geniuses who peaked too soon

After the death of Sandy Wilson, 90, who wrote his only hit musical in his twenties, John Walsh wonders what it's like to peak too soon and go on to live a life more ordinary
Caught in the crossfire of a cyber Cold War

Caught in the crossfire of a cyber Cold War

Fears are mounting that Vladimir Putin has instructed hackers to target banks like JP Morgan
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
11 best face powders

11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone