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.

Corzine to face Congress on MF Global

Mr Corzine's appearance threatens to embarrass Barack Obama, for whom he is a fundraiser

Business Diary: Cooking up a tasty comeback

Delia Smith hasn't had the easiest ride since taking over at Norwich City Football Club – who could forget her raucous appeal to fans to get behind the side on the PA system – but here's some reward for all her hard work. The Institute for Turnaround has just handed her and the rest of Norwich City's management team a gong for the way they've turned the once financially stricken club into a stable member of the Premier League. Let's hope this isn't the equivalent of the dreaded vote of confidence in the manager.

Goldman in debt talks with Peacocks

The investment bank Goldman Sachs is in talks to become the biggest shareholder in Peacoks, the debt-laden fashion chain.

There were protests at some Vodafone stores by campaigners claiming that the company had been let off a £6bn tax bill

Judge to examine tax deals that let firms off millions

A senior judge is to be brought in to investigate a series of controversial tax deals which cost the Exchequer millions of pounds in lost revenue.

Judge to examine Goldman Sachs tax deal

A senior judge is to be brought in to investigate a series of highly controversial tax deals which cost the Exchequer millions of pounds in lost revenue.

Mario Monti reads his speech next to Interior Minister Anna Maria in the senate today

Goldman Sachs bank conquers the new Europe

The eurozone's corridors of power have been undergoing a remarkable transformation. Stephen Foley reports

Market Report: Rio rises as commodity bulls fight their corner

Rio Tinto was among the gainers at the end of a mixed session for the mining sector last night. The stock was 35p better off at 3,458p, rising along with rivals such as the Eurasian Natural Resources Corporation, which was 3p firmer at 679.5p at the close of play.

Business Diary: Bearing gifts for the Greeks

The debate continues to rage over whether people ought to feel sorry for the Greeks. But for those feeling sorry enough, there is a way to show your support. The Bank of Greece runs an account specially for people who want to donate what they feel they can afford to the impoverished nation. The bank promises its "Solidarity Account for Repayment of Public Debt" will use your donations for only that purpose. Oddly, no details of how much has been raised so far appear to be available.

Regulator pulls out of MF inquiry

The head of the agency in charge of regulating MF Global, the collapsed broker-dealer, has recused himself from the investigation into the bankruptcy, because he worked with the firm's chief executive, Jon Corzine, at Goldman Sachs.

Market Report: Analysts wail about the propects for Mothercare

Investors in Mothercare will have been forgiven for sobbing like babies yesterday. Having been hit recently by its falling popularity with Britain's mothers, shares in the high street retailer, which has issued three profits warnings this year already, managed to reach an eight-year low last night after analysts said there was still plenty more pain to come.

Business Diary: Book of Jobs is a hit in China

That Steve Jobs biography you might have heard of has been called a must-read for Apple fans and wannabe tech gurus alike, but at one Chinese company the book is literally required reading. Xiaochuan Wang, an earnest computer programming prodigy who is now chief technology officer at Sohu, a Nasdaq-listed search engine, has bought 500 copies. "For my colleagues," he says. "I hope they can learn from it." Diary detects just a hint of menace, and thinks Sohu might have a little Steve Jobs in the making here.

Hamish McRae: More volatile perhaps, but market fluctuations are following a familiar pattern

Economic Life: There is strong evidence that cuts in public spending do not do nearly as much damage to long-term growth as increases in taxation

Shares fall as Goldman boss hires defence attorneys

Lloyd Blankfein, chief executive, and other senior executives at Goldman Sachs have hired high-powered criminal defence attorneys to represent them in government investigations into possible wrongdoing at the investment bank, it emerged last night.

Goldman Sachs man to lead overhaul of Labour Party

Labour turned to the former boss of ITV and senior adviser at Goldman Sachs yesterday to oversee a management and commercial overhaul of the party.

Lansdowne sells its entire shareholding in Goldman

Europe's biggest hedge fund has sold its $850m (£518m) shareholding in Goldman Sachs, the Wall Street bank, signalling its rising concerns about the health of the global banking sector.

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The immigrants crossing the US-Mexico border without documents who never make it past the Arizona desert
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As Britain's Anglican church struggles to establish its modern identity, one branch of Christianity is booming
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Backhanders, bribery and abuses of power have soared in China as economy surges

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Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

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Brewing the fat from artwork angers widow of sculptor

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BBC takes viewers back down memory lane

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Nicolas Cage shines in low-budget drama Joe

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Make your own ice lollies and frozen yoghurt

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