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News The eye of the storm: Speakes in the White House in 1982

An assassination attempt plunged Larry Speakes into the brightest of national spotlights as chief spokesman for President Ronald Reagan. When Reagan’s press secretary James Brady was severely wounded in the 1981 attempt on the president’s life, Speakes was thrust into the eye of the storm. As White House spokesman for six years, a long tenure in the sensitive post, he was credited with 2,000 news media briefings.

Market Report: EMI steps back into the bid spotlight

TWO long-term takeover candidates were thrust back into the limelight. EMI, the showbiz group, and Safeway, the supermarket chain, enjoyed strong runs in a busy session which ended Footsie's four-day winning run.

Consumer confidence still higher than normal despite slight dip

CONSUMER confidence dipped slightly this month but remains at an unusually high level. Consumers have become slightly gloomier about the economic situation but they are still upbeat about the attractiveness of making major purchases, writes Diane Coyle.

Pension funds thundering back into UK equities, Merrill Lynch survey reveals

UK fund managers are cutting down their cash holdings and pouring money into the London stock market, in a marked reversal of investment strategy.

UK companies criticise City analysts

Merrill Lynch is the UK's favourite research house, according to a survey published yesterday. But the plaudit comes with a sting in the tail - UK companies are becoming increasingly concerned about the quality of City research. Lea Paterson reports.

Morgan Stanley tops European deals league

Morgan Stanley stole the honours in the latest investment banking league table, published by Acquisitions Monthly. The US bank advised on 54 European cross-border deals worth pounds 19.3bn. This was pounds 5bn greater than its nearest rival, SBC Warburg Dillon Read, SBC's investment banking arm, which advised on 37 deals.

UK funds steer clear of region

More evidence emerged yesterday that the continuing Far Eastern turmoil has started to filter through to the UK economy. UK fund managers are shying away from the troubled region, according to the latest Merrill Lynch Gallup survey, and the crisis has also begun to impact upon the London housing market.

Women join the ranks of Britain's highest earners

Women are now among the highest earners in the country. From fashion and finance to courtrooms and catering, they excel in every area. Kate Watson-Smyth discovers just who is in the money.

It's Wimbledonisation

The City has become a playground for foreigners. And no bad thing, argues Stephen Fay

Money: Good riddance to '97

Investment trusts suffered last year. Philip Middleton asks if things will get better

Enigma at heart of 'ice maiden'

Good Times, Bad Times: The Business Personalities Of The Year

Outlook: Why Christie's is better off privately owned

Auction houses have never had a particularly comfortable existence as publicly quoted companies. Their earnings are cyclical and unpredictable, and their main asset - their experts - tend to be people of fragile ego and a willingness to walk at the slightest prompting. Moreover, the business has changed in a way which makes the generally quite inflexible capital resources of a publicly quoted company inappropriate to the task of selling fine art.

The Investment Column: Waiting for Bass to spend its cash

What will Bass do with all its spare cash? That was the question on everybody's lips yesterday, overshadowing a decent set of results from the drinks giant. Lack of any definite news on acquisitions or a share buy-back was met with disappointment in the City and the shares rose only half a penny to 874.5p despite underlying operating profits for the year to September coming in slightly above expectations at pounds 796m (pounds 752m).

Agreed Redland bid may herald shake-up in construction

Lafarge, the French construction giant, yesterday bought a near 30 per cent stake in Redland to cement its pounds 1.8bn bid for the distressed British building group. Andrew Yates believes the deal should herald a European shake-up of the construction industry.

Green Budget: Corporate taxes - Business fears pounds 8bn hit from phas ed abolition of ACT

Business estimated last night that it would be billions of pounds worse off as a result of the reforms of the corporation tax regime proposed by the Chancellor. The benefit to the Treasury is forecast to be about pounds 7.5bn over the four years following 1999, the year when the measures are intended to be introduced.

No blame in Guinness report

The long-awaited official report into the Guinness affair will be published on Thursday, contrary to City rumours that it was to be delayed.
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Paper trail: the wedding photograph found in the rubble after 9/11 – it took Elizabeth Keefe 13 years to find the people in it
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Evil eye: Douglas Adams in 'mad genius' pose
booksNew biography sheds light on comic genius of Douglas Adams
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Kim Kardashian drawn backlash over her sexy swimsuit selfie, called 'disgusting' and 'nasty'
fashionCritics say magazine only pays attention to fashion trends among rich, white women
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TVShows like Agents of S.H.I.E.L.D are little more than marketing tools
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The ecological reconstruction of Ikrandraco avatar is shown in this illustration courtesy of Chuang Zhao. Scientists on September 11, 2014 announced the discovery of fossils in China of a type of flying reptile called a pterosaur that lived 120 millions years ago and so closely resembled those creatures from the 2009 film, Avatar that they named it after them.
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Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
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His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
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Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
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