News An RAF Apache helicopter

Helicopter-maker AgustaWestland has been awarded two Ministry of Defence contracts worth £760 million which will secure more than 1,000 jobs in the UK.

Movie horror stories as studios struggle to raise finance

Film studios are cutting staff and taking fewer risks with releases as recession bites, says Nick Clark reports

Biffa dumps managers in private equity restructuring

The private equity backers of Biffa, the waste management group, are restructuring the group's key collection unit with a raft of middle-management redundancies and the creation of two call centres with 70 new jobs.

The woman in charge of Britain’s biggest advertising agency

A recession may have taken hold in adland, but ‘bring it on’ says Farah Ramzan Golant, the gutsy head of Abbott Mead Vickers. By Ian Burrell

YouTube to post full-length MGM films on site

YouTube, the largest video-sharing website, will show full-length television shows and films from Metro-Goldwyn-Mayer's archives in its latest step to boost advertising revenue by adding professional programming, the company said.

Spielberg's firm seals split from film giant

The principals behind DreamWorks SKG and Paramount Pictures sealed their parting of ways yesterday, allowing the DreamWorks studio to tie up with Reliance ADA Group of India to start a new film company.

Market Report: Yell driven up by Invesco stake-building

Stake-building and talk of a possible refinancing deal boosted Yell, the directories group, which advanced 11.8 per cent, or 9.5p, to 90p yesterday.

Warren Buffett invests $3bn in GE

The giant American conglomerate General Electric is selling $3bn (£1.7bn) of preferred shares to Warren Buffett's investment group Berkshire Hathaway, with another $12bn in common shares going to the public.

Markets soar as bail-out plan hangs in balance

Optimism that the $700bn bail-out of the financial system could be close to winning agreement in Congress sent stock markets soaring and eased pressures in the credit markets yesterday, even though politicians continued to haggle over details.

US Fed rides to the rescue of AIG with $85bn bail-out

The nationalisation of America's biggest insurance company, AIG, added to the considerable strain on global debt markets yesterday and left the United States government struggling to reassure traders that its $85bn (£47bn) loan would be enough to restore health to the company and to the credit derivatives market in which it is a pivotal player.

Arrival of Al-Fahim offers City chance to bridge gulf in class

Middle Eastlands was the name Manchester City fans had coined for their ground last night. Dreamland might have been more appropriate.

The texan oil baron and the winds of change

T Boone Pickens was the ultimate Texan oil tycoon. Then he saw the light: the green light. Now he's at the forefront of a revolution that has turned the Lone Star state into the US's biggest producer of wind power. And, he says, that's just the start

Rene Harris: Controversial president of Nauru

René Harris, four times president of the tiny island nation of Nauru, was one of the South Pacific's most controversial politicians. He was a larger-than-life character: physically rotund, with a forceful personality and a ruthless reputation. Allegations of corruption pursued him for much of his political career. The country's longest-serving politician, he lost his seat only in April, after 31 years in parliament.

Oil veteran Boone Pickens makes $2bn gamble on wind farm in Texas

One of America's most famous oilmen has made a dramatic $2bn bet on wind power, an alternative energy he says has the power to replace dwindling oil reserves.

AG Lafley: A giant winner in the battle of the consumer brands

A Day in the Life: Procter & Gamble's chief isn't afraid to go public about washing his linen as he battles to ensure a recession doesn't dirty his record

Philips profits fall 28 per cent to €265m as families pull the plug on spending

Philips cast a gloom over the consumer electronics industry as it reported a higher-than-expected fall in profits and warned of slowing growth in its mature markets.

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Please don't tell other victims it was theirs
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A midday nap is 'associated with reduced blood pressure'
If men are so obsessed by sex, why do they clam up when confronted with the grisly realities?

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...why do they clam up when confronted with the grisly realities?
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International Tap Festival comes to the UK

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War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

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Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border