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.

RIT Capital's net asset value hits record high

The City veteran Lord Rothschild continues to produce the goods at his investment trust RIT Capital Partners.

Citigroup profits on the up

Citigroup reported a 31 per cent rise in first-quarter profits as it drew down loss reserves for mortgage loans, and revenue from its securities and investment banking business swelled.

Ladbrokes bitten by Cheltenham favourites and big freeze

Bookmaker Ladbrokes took a pasting at the Cheltenham festival last month, and with 62 days of other race meetings lost to the freezing weather in the first quarter it warned profits this year will be at the lower end of forecasts.

Bird flu outbreak hits KFC in China

Bird flu is threatening to throw KFC's owner Yum Brands, the biggest foreign fast-food chain operator in China, off its 11-year course of double-digit profit growth.

€2bn EADS stake sold

The French media group Lagardère has sold its 7.4 per cent stake in Airbus's owner EADS for €2.3bn (£1bn), sparking an overhaul in ownership of Europe's biggest aircraft maker.

Sinclair sales nipped in the bud as freeze hits gardeners

British gardeners have suffered one of the slowest starts to the growing season for years with daffodils and snowdrops still crowding the flowerbeds where bedding plants would normally be taking root by now.

BP bounces back – but can it last?

Oil giant says it has turned the corner after 2010's disastrous Gulf of Mexico spill, yet a multi-billion civil claim could cost it dearly, reports Tom Bawden

Sterling's silver lining

The chances of incoming Bank of England Governor Mark Carney finding a triple-dip recession in his in-tray this summer could fall on Tuesday as manufacturers attempt to bounce back from a January slump.

HP chief steps down after criticism of botched $11bn deal to buy Autonomy

HP, the American technology giant that has been battling to contain shareholder displeasure over its botched deal to buy Autonomy, has shaken up its top ranks, with executive chairman Ray Lane, who was only narrowly re-elected at the company’s annual meeting last month, stepping down from his post.

£1m pay cut for City veteran Terry Smith

The City stalwart Terry Smith has felt the pinch from a “not particularly vintage year” as his pay and bonuses fell by almost £1m.

Metalrax sale saves 387 jobs

Almost 400 jobs have been saved after Metalrax, the Midlands-based maker of bakeware and kitchen accessories, was sold out of administration to the engineering group Bowman Birmingham.

The Oxford University boat crew (L) competes against the Cambridge University crew during the annual boat race

Rowing: Matthew Pinsent eyes umpire role in women's university boat race

Sir Matthew Pinsent would relish the opportunity to umpire the first ever women's Boat Race to be held on the Championship course between Putney and Mortlake when the event moves from Henley in 2015.

The Highways Agency’s South-east base in Godstone, Surrey

George Osborne takes first step on road to privatising Britain's highways

The Government risks angering trades unions with plans to commercialise the running and repair of Britain's core roads network, a move likely to lead to full privatisation.

US jobs data fails to dent optimism

The number of Americans filing new claims for unemployment benefits rose last week, but not enough to suggest that the labour market recovery was taking a step back.

Glencore slips but the bosses prosper finance chief Steven Kalmin sees total pay package jump by nearly half to £2.1m

Glencore finance chief Steven Kalmin saw his total pay package jump by nearly half to £2.13 million in 2012, a  year in which the commodities trading giant’s profits tumbled by three quarters.

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A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
It's the best of British art... but not all is on display

It's the best of British art... but not all is on display

Voted for by the British public, the artworks on Art Everywhere posters may be the only place where they can be seen
Critic claims 'I was the inspiration for Blanche DuBois'

Critic claims 'I was the inspiration for Blanche DuBois'

Blanche Marvin reveals how Tennessee Williams used her name and an off-the-cuff remark to create an iconic character
Sometimes it's hard to be a literary novelist

Sometimes it's hard to be a literary novelist

Websites offering your ebooks for nothing is only the latest disrespect the modern writer is subjected to, says DJ Taylor
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

The woman stepping down as chair of the Heritage Lottery Fund is worried