News

It was once only a brave investor who’d bet against fashion favourite Asos, but yesterday two City experts called time on the stock.

Market Report: Monitise still a hot tip after shares sale

Even management selling a wedge of shares in mobile banking technology group Monitise yesterday wasn’t enough to put punters off the hotly tipped stock.

Investors hit £54bn jackpot as Vodafone seals Verizon deal

Shareholders to scoop 71 per cent of proceeds from company’s £84bn sale

Goldman Sachs’s UK profits take a tumble

Goldman Sachs’ London operation has seen pre-tax profits slump 60 per cent to $335m (£216m) in the first six months of the year.

James Moore: Hank Paulson may regret his lenient line on bankers

Outlook Talking of banking, and common sense, has no less a personage than Hank Paulson undergone a damascene conversion and joined the ranks of those questioning the financial world's addiction to bonuses?

Jim Armitage: Technology entrepreneurs who are changing the script of Greek tragedy 

Global Outlook: Athens now has four venture capitalist houses – a couple of years ago there were none

Hi-tech UK manufacturer sucks up new foreign owner

A historic slice of Britain’s engineering history was sold off to foreign buyers for the third time in seven years yesterday as Sweden’s Atlas Copco bought the vacuum technology business Edwards Group in a $1.6bn (£1bn) deal.

Market Report: Imagination gains from Apple move

Microchip makers piggybacked on a rally at Apple yesterday sparked by Carl Icahn, the veteran US investor, taking a stake the iPhone maker. Apple shares hit a six-month high after Mr Icahn revealed on Twitter that he is pushing for a larger buyback at the US tech giant after he built up a large position in Apple and held talks with its chief executive, Tim Cook.

The Business Matrix: Saturday 3 August 2013

Ocado co-founder sells £3.3m shares

Fabrice Tourre could be barred from working on Wall Street

Former Goldman banker Fabrice Tourre defrauded investors, US court rules

Former vice-president found liable after complex subprime mortgage deal that led to $1bn losses

James Ashton: No wonder Tony Hayward doesn't want to stay on

Outlook Now his business is concentrated about as far from Britain as you can get, Tony Hayward is ideally placed to comment on our looming energy crisis. A manifesto published by the former BP boss the other day urged the Government not to turn its back on fossil fuels, to build our own nuclear power stations instead of hoping the French will do it for us and to slash subsidies for on and offshore windpower. Sounds easy.

Fabrice Tourre wanted to 'feed Wall St greed' says SEC lawyer

Fabrice Tourre fraudulently misled investors in a bid to “feed Wall Street greed,” giving them “half the truth” about a sub-prime mortgage investment that ultimately went bad when the credit crunch tore through the housing market, a lawyer for the US Securities and Exchange Commission claimed yesterday in a closing argument before a New York jury.

A sharp hike in the price of aluminium can destabilise the world's economy

Goldman Sachs in spotlight over 'aluminium price-hike' scandal

Financial giant is accused of exploiting rules over metal warehousing in order to manipulate commodity prices

The Goldman Sachs' building in London

Goldman Sachs profits beat Wall Street estimates to more than double to $1.93bn

Goldman Sachs has beaten Wall Street estimates by doubling its quarterly profit through investing its own money and underwriting.

The former Goldman Sachs trader Fabrice Tourre arrives at the Manhattan Federal Court in New York

Trial under way for ‘Fabulous Fab’ Fabrice Tourre, the Goldman Sachs poster boy for Wall Street greed

Former Goldman Sachs trader Fabrice Tourre is in court over allegations he misled investors

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Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Homeless Veterans appeal: 'You look for someone who's an inspiration and try to be like them'

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Could cannabis oil reverse the effects of cancer?

Could cannabis oil reverse effects of cancer?

As a film following six patients receiving the controversial treatment is released, Kate Hilpern uncovers a very slippery issue
The Interview movie review: You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here

The Interview movie review

You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here
Serial mania has propelled podcasts into the cultural mainstream

How podcasts became mainstream

People have consumed gripping armchair investigation Serial with a relish typically reserved for box-set binges
Jesus Christ has become an unlikely pin-up for hipster marketing companies

Jesus Christ has become an unlikely pin-up

Kevin Lee Light, aka "Jesus", is the newest client of creative agency Mother while rival agency Anomaly has launched Sexy Jesus, depicting the Messiah in a series of Athena-style poses
Rosetta space mission voted most important scientific breakthrough of 2014

A memorable year for science – if not for mice

The most important scientific breakthroughs of 2014
Christmas cocktails to make you merry: From eggnog to Brown Betty and Rum Bumpo

Christmas cocktails to make you merry

Mulled wine is an essential seasonal treat. But now drinkers are rediscovering other traditional festive tipples. Angela Clutton raises a glass to Christmas cocktails
5 best activity trackers

Fitness technology: 5 best activity trackers

Up the ante in your regimen and change the habits of a lifetime with this wearable tech
Paul Scholes column: It's a little-known fact, but I have played one of the seven dwarves

Paul Scholes column

It's a little-known fact, but I have played one of the seven dwarves
Fifa's travelling circus once again steals limelight from real stars

Fifa's travelling circus once again steals limelight from real stars

Club World Cup kicked into the long grass by the continued farce surrounding Blatter, Garcia, Russia and Qatar
Frank Warren column: 2014 – boxing is back and winning new fans

Frank Warren: Boxing is back and winning new fans

2014 proves it's now one of sport's biggest hitters again
Jeb Bush vs Hillary Clinton: The power dynamics of the two first families

Jeb Bush vs Hillary Clinton

Karen Tumulty explores the power dynamics of the two first families
Stockholm is rivalling Silicon Valley with a hotbed of technology start-ups

Stockholm is rivalling Silicon Valley

The Swedish capital is home to two of the most popular video games in the world, as well as thousands of technology start-ups worth hundreds of millions of pounds – and it's all happened since 2009
Did Japanese workers really get their symbols mixed up and display Santa on a crucifix?

Crucified Santa: Urban myth refuses to die

The story goes that Japanese store workers created a life-size effigy of a smiling "Father Kurisumasu" attached to a facsimile of Our Lord's final instrument of torture
Jennifer Saunders and Kate Moss join David Walliams on set for TV adaptation of The Boy in the Dress

The Boy in the Dress: On set with the stars

Walliams' story about a boy who goes to school in a dress will be shown this Christmas