News

The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.

Lonmin recovers after troubled year

The platinum miner Lonmin more than doubled first-half profits compared to a troubled 2012 and lifted its production guidance for the year yesterday but warned of the "significant challenge" of wage talks ahead.

Superdry in a German drive as it shrugs off the freeze

The group behind the Superdry clothing brand has shrugged off the wintry weather to post buoyant sales, as it revealed plans to roll out more stores in Europe’s biggest economy, Germany.

Buoyant services firms dent need for money-printing

Another dose of money-printing from the Bank of England looked off the agenda today after Britain’s powerhouse services firms produced their strongest growth since April  last year.

Deal delays cost Imagination dear

Imagination Technologies saw its shares crash by a quarter yesterday after a shock profit warning from the chip designer, which makes the graphic-processing technology for Apple's iPhone and iPad.

BAE and Aviva are under fire over top pay

The Local Authority Pension Fund Forum has the aerospace giant BAE and insurance group Aviva in its sights as it battles for "reasonable" pay at top businesses.

Simon English: Why RSA's chief could have a rebellious time

Outlook Just how much trouble is Simon Lee of RSA in? Perhaps the answer is this: more than he seems to realise. The boss of the insurer with the fake Morgan Freeman adverts has been under the cosh ever since he shocked the market, and his own shareholders, by slashing the dividend by a third.

BP starts to motor again as profits overtake the forecasts

BP chief executive Bob Dudley today offered some evidence that his turnaround of the beleaguered oil giant is heading the right way.

Senior director at Asos to leave

One of the architects of Asos's growth over the past decade is to step down from the online retailer. Its international director, Jon Kamaluddin, is to leave the board in October and exit the clothing specialist by December.

Hamish McRae: Why shares thrive while the economy flounders

Economic View: Apply the buy/sell rule to equities over the past 40 years and you would have spent 2000 to 2008 outside the market

Sir Des Champs spurs fresh belief

He looked all out at the line, but still the suspicion persists that we have yet to see the very best of Sir Des Champs. Certainly, Willie Mullins viewed a thrilling success here not so much as consolation for his defeat in the Cheltenham Gold Cup last month, but rather as a new spur to the belief he could still turn things round with his conqueror, Bobs Worth, in the same race next year. While at pains not to be too specific, Ireland's champion trainer evidently feels things conspired against Sir Des Champs at Cheltenham – and that different going, and tactics perhaps, could also yield a different result.

Profits jump at Richemont beats expectations

Richemont, the owner of the website Net-a-Porter and jewellery brands Cartier and Jaeger-LeCoultre, has allayed fears of a slowdown in the luxury goods sector with full-year net profits up 30 per cent, well above expectations.

Crawl at Caterpillar

Caterpillar cut its 2013 profits forecast yesterday as it posted disappointing results amid a drop in demand for heavy equipment from its mining customers. But Doug Oberhelman, its chairman and chief executive, said the mining sector has hit bottom and production was now expected to ramp up.

Profit alert at Spirent

The telecoms testing kit supplier Spirent warned that profits for the first three months of the year would be lower than expected yesterday as major customers in all parts of the world delayed spending.

Dividends fall but are set for rebound

Payouts to shareholders plunged by a quarter in the first three months of the year. But the dividends slump is down to a distortion caused by massive special payouts awarded last year.

Michael Page warns of 'challenging' future after nosedive

Michael Page saw its share price drop 5 per cent after the white collar recruiter admitted it had seen a double-digit plunge in profits at its French and German offices in the first three months of 2013.

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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
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
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The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

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The science of swearing: What lies behind the use of four-letter words?

The science of swearing

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The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
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Africa on the menu

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