Mick Davis's huge retention package revealed in Glencore deal prospectus may spark investor revolt

Logica shares rocketed up 69 per cent yesterday after the British IT services group said it had agreed to a £1.7bn takeover by Canada's CGI Group.

Sales at the DIY superstore B&Q slumped in April as the wet weather left few people with good reason to buy outdoor furniture or start ambitious plans for the garden.

Lord Bell is facing a fight to get approval for his £19.6m management buyout of the controversial PR firm Bell Pottinger after top shareholder Sir Martin Sorrell criticised the financial terms as "strange".

Phew. That was quite an AGM season, wasn't it? Remuneration reports voted down, chief executives of FTSE 100 companies quitting soon after, noisy protests outside meetings... No wonder people dubbed it the "shareholder spring".

The New York-based jeweller Tiffany & Co lowered its annual sales and profit forecasts yesterday, citing slowing economic growth in many countries and weakness in its home market. Rival Signet Jewelers Ltd also issued a disappointing forecast and posted first-quarter results that showed slowing growth in its US sales, particularly at its higher-end Jared chain.

The New York-based jeweller Tiffany & Co lowered its annual sales and profit forecasts yesterday, citing slowing economic growth in many countries and weakness in its home market.

Anyone who invested in Facebook will doubtless feel a little less friendly towards it than they did a couple of days ago. And I suppose if you are looking for symbolism, you could say that the fact that Facebook shares should fall by more than 10 per cent when they started trading was a signal that the social network bubble is about to burst.

Less than a day after taking office, Greece's new caretaker government was faced with yet another credit downgrade as Fitch that warned Athens of a "probable" exit from the eurozone if pro-bailout parties failed to win new elections due on 17 June.

The threat of a dramatic Greek exit from the euro sent the UK's cost of borrowing falling to an all-time low yesterday as panicky investors dumped shares and risky eurozone debt in a desperate search for safe havens.

Telecoms giant BT today claimed that it is winning the broadband and TV war by grabbing more customers than arch-rivals Virgin Media and BSkyB.

The car dealer Pendragon has been forced to tear up its plans to sharply boost its bosses' pay after more than two-thirds of shareholders voted down its remuneration report.

PR supremo Lord Bell's Chime Communications yesterday issued a surprise profit warning after an unexpected slide in revenues at its Bell Pottinger subsidiary in the period following i's sister paper The Independent's exposé of its lobbying activities.