News

Capita has won a five-year, £145 million deal to run the congestion charge, which it helped set up in London 11 years ago.

IBM to launch new range to revive ailing PC operation

INTERNATIONAL BUSINESS Machines, the leading computer maker, will unveil business personal computers with new designs and a new brand in the first half of 2000 to try to revive its money-losing PC unit.

The Investment Column: BATM

SHARES in BATM Advanced Communications - reputedly a stock discovered by Friends Ivory's smaller companies team - have grown in value nearly 20 times this year. The risk of taking profits now is that this may be just the beginning.

What makes a design classic?

IT TAKES time to become a classic. If there's one definition of this abused term, it's about resisting the inevitable ebb and flow of taste and fashion. Classics can't be invented, they evolve. They have to win approval and slowly acquire value.

IBM under investigation by Revenue

IBM, THE American computer giant, yesterday confirmed that it was under investigation by the Inland Revenue in the UK.

Microsoft beats forecast with 62% earnings rise

MICROSOFT, THE world's biggest software maker, expects first-quarter revenue to grow 20 per cent from the same period a year earlier, chief financial officer Greg Maffei said last night. Microsoft expects fiscal 2000 revenue growth to be in the "high teens," Maffei said on a conference call with analysts and investors after earnings results were released. He added that Japan would not be as strong in fiscal 2000.

Tennis: Power servers not a new phenomenon

MEN'S TENNIS at Wimbledon is no more dominated by big servers than it was 20 years ago. That is the claim of researchers who have carried out a study of results and match characteristics of the Championships since the Second World War.

Danka shares tumble by 32%

SHARES IN Danka, one of the world's largest photocopier companies, yesterday dropped 32 per cent, or 36.5p, to 79p after Schroder Ventures pulled out of an agreement to buy its outsourcing division, Danka Services International (DSI).

Me And My Partner: William Sieghart And Neil Mendoza

William Sieghart and Neil Mendoza became friends at Oxford in 1980 while putting on student plays, and 10 years later set up Future Publishing. They now have 150 employees and a pounds 25m turnover, producing in-house corporate magazines

Sage leaps on IBM Net tie-up

SHARES IN Sage, the accountancy software group, leapt 10 per cent yesterday when the company announced a partnership with IBM designed to lure its two million small business customers on to the Internet.

NEW YORK MARKET: Analysts duel over falling IBM stocks

MORGAN Stanley Dean Witter told investors IBM's stock could disappoint them. Merrill Lynch defended Big Blue, saying it's still a good buy. Morgan Stanley won Friday's battle of dueling analysts. IBM, slid 5 per cent to 168 9/16 after Morgan Stanley said the company's revenue from mainframe computers won't meet expectations because of price cuts.

People and Business: What a racket

"SUCCESSFUL RACKETEERS and marketeers have more in common than we think," says Roger Gaspar, the deputy director general of the National Criminal Intelligence Service.

Wall Street applauds $16bn deal between Dell and IBM

DRAWING APPLAUSE from Wall Street, International Business Machines (IBM) revealed yesterday that it had reached an agreement with Dell Computer to supply it with equipment and components. The deal should be worth $16bn (pounds 10bn) over seven years, making it the largest-ever struck in the information technology sector.

The restoration game

Michelangelo's damaged masterpiece can at last be viewed in its entirety.

Rugby Union: England head rankings

PUNTERS, PLAYERS and coaches can reap some benefit from a revolutionary ratings system which has predicted Five Nations glory for England. But, if the Welsh team are looking for a confidence boost before their clash with Ireland at Wembley today, they should avoid casting a glance over the IBM World Rankings.

Surprise profit warning sends MDIS skidding

MDIS - the former McDonnell Information Systems - threatened yesterday to return to its former accident-prone form after a surprise profits warning sent its shares skidding 12 per cent before they recovered to close 3.5p lower at 42p.
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
How live cinema screenings can boost arts audiences

How live cinema screenings can boost arts audiences

Broadcasting plays and exhibitions to cinemas is a sure-fire box office smash
Shipping container hotels: Pop-up hotels filling a niche

Pop-up hotels filling a niche

Spending the night in a shipping container doesn't sound appealing, but these mobile crash pads are popping up at the summer's biggest events
Native American headdresses are not fashion accessories

Feather dust-up

A Canadian festival has banned Native American headwear. Haven't we been here before?
Boris Johnson's war on diesel

Boris Johnson's war on diesel

11m cars here run on diesel. It's seen as a greener alternative to unleaded petrol. So why is London's mayor on a crusade against the black pump?
5 best waterproof cameras

Splash and flash: 5 best waterproof cameras

Don't let water stop you taking snaps with one of these machines that will take you from the sand to meters deep
Louis van Gaal interview: Manchester United manager discusses tactics and rebuilding after the David Moyes era

Louis van Gaal interview

Manchester United manager discusses tactics and rebuilding after the David Moyes era
Will Gore: The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series

Will Gore: Outside Edge

The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz