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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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
HIV pill: Scientists hail discovery of 'game-changer' that cuts the risk of infection among gay men by 86%

Scientists hail daily pill that protects against HIV infection

Breakthrough in battle against global scourge – but will the NHS pay for it?
How we must adjust our lifestyles to nature: Welcome to the 'Anthropocene', the human epoch

Time to play God

Welcome to the 'Anthropocene', the human epoch where we may need to redefine nature itself
MacGyver returns, but with a difference: Handyman hero of classic 1980s TV series to be recast as a woman

MacGyver returns, but with a difference

Handyman hero of classic 1980s TV series to be recast as a woman
Tunnel renaissance: Why cities are hiding roads down in the ground

Tunnel renaissance

Why cities are hiding roads underground
'Backstreet Boys - Show 'Em What You're Made Of': An affectionate look at five middle-aged men

Boys to men

The Backstreet Boys might be middle-aged, married and have dodgy knees, but a heartfelt documentary reveals they’re not going gently into pop’s good night
Crufts 2015: Should foreign dogs be allowed to compete?

Crufts 2015

Should foreign dogs be allowed to compete?
10 best projectors

How to make your home cinema more cinematic: 10 best projectors

Want to recreate the big-screen experience in your sitting room? IndyBest sizes up gadgets to form your film-watching
Manchester City 1 Barcelona 2 player ratings: Luis Suarez? Lionel Messi? Joe Hart? Who was the star man?

Manchester City vs Barcelona player ratings

Luis Suarez? Lionel Messi? Joe Hart? Who was the star man at the Etihad?
Arsenal vs Monaco: Monaco - the making of Gunners' manager Arsene Wenger

Monaco: the making of Wenger

Jack Pitt-Brooke speaks to former players and learns the Frenchman’s man-management has always been one of his best skills
Cricket World Cup 2015: Chris Gayle - the West Indies' enigma lives up to his reputation

Chris Gayle: The West Indies' enigma

Some said the game's eternal rebel was washed up. As ever, he proved he writes the scripts by producing a blistering World Cup innings
In Ukraine a dark world of hybrid warfare and murky loyalties prevails

In Ukraine a dark world of hybrid warfare

This war in the shadows has been going on since the fall of Mr Yanukovych
'Birdman' and 'Bullets Over Broadway': Homage or plagiarism?

Homage or plagiarism?

'Birdman' shares much DNA with Woody Allen's 'Bullets Over Broadway'
Broadchurch ends as damp squib not even David Tennant can revive

A damp squib not even David Tennant can revive

Broadchurch, Series 2 finale, review
A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower: inside the mansion of Germany's 'Bishop of Bling'

Inside the mansion of Germany's 'Bishop of Bling'

A Koi carp breeding pond, wall-mounted iPads and a bathroom with a 'wellness' shower