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.

Dash for cash as rate fears spark UK share sell-off

EUROPEAN FUND managers are dumping British and US equities and boosting their stocks of cash because of growing fears of a hike in US interest rates, according to a new survey. Sentiment about Wall Street has hit its most bearish level for more than four years, Merrill Lynch said.

The Investment Column: ICI's new portfolio faces the same old problems

JUST OVER a year ago, it seemed nothing would stop the inexorable rise of ICI's shares. This symbol of great British industry was well up with the national spirit, transforming itself into what it called "New ICI".

Household water bills to be slashed by pounds 1bn

HOUSEHOLD WATER bills are to be slashed by pounds 1bn next week, a saving of around pounds 35 a year for the average domestic customer.

Paxman hands out prizes at Extel analysts' awards

THE AWARDS ceremony for the Primark Extel Survey 1999 went with more than its usual swing this year, thanks to the slick presentational skills of Extel's new American owners, Primark, a giant financial information company.

Merrill Lynch fined pounds 16m for Sumitomo role

MERRILL LYNCH was yesterday hit with a record pounds 6.5m fine by the London Metal Exchange over its involvement in the Sumitomo copper market scandal three years ago.

Cendant unveils Green Flag sale

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Buyback promise brings Mepit reprieve

US ARBITRAGEURS yesterday backed out of an attempt to force a wind-up of the pounds 1bn Mercury European Privatisation Investment Trust (Mepit) after the trust's board made the unprecedented promise of an open-ended share buyback.

Economists raise UK forecasts for growth

INDEPENDENT ECONOMISTS have upped their forecasts for UK growth for the first time in more than a year, according to figures released yesterday, with the bulk of experts now confident the economy will escape recession.

MAM to expand Merrill branding

MERCURY ASSET Management, the City fund management group acquired by the American investment bankers Merrill Lynch, is considering dropping the "Mercury" name from some products and markets. It will instead selectively market itself solely under the Merrill brand name.

Bovis runs rule over merger candidates

BOVIS HOMES, the housebuilder spun off from transport group P&O a year ago, is considering a merger with a listed rival in a bid to expand its presence in the North of England.

Investment: Airtours hints at buying spree

AIRTOURS, Britain's second largest tour operator, yesterday reported strong first quarter bookings and hinted at a possible pounds 300m buying spree.

Outlook: GUS complaint leaves a sour taste

IT WAS THE first anniversary yesterday of the launch of Great Universal Stores' hostile bid for the catalogue retailer Argos. It was also the day on which the Takeover Panel chose to throw out the complaint subsequently brought by the GUS chairman, Lord Wolfson, over tactics used by Argos and its advisers, Schroders, in the unsuccessful bid defence.

Games Workshop seeks new markets

GAMES WORKSHOP, the war games company that shocked the market with a profits warning last May, is aiming its battalions at overseas markets in the hope of making up for sluggish growth in the UK.

Federal Mogul lines up pounds 3.6bn LucasVarity bid

FEDERAL MOGUL, the acquisitive US engineering company, is eyeing up a pounds 3.6bn bid for LucasVarity, the motor components and aerospace group led by Victor Rice.
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Isis in Syria: Influential tribal leaders hold secret talks with Western powers and Gulf states over possibility of mobilising against militants

Tribal gathering

Influential clans in Syria have held secret talks with Western powers and Gulf states over the possibility of mobilising against Isis. But they are determined not to be pitted against each other
Gaza, a year on from Operation Protective Edge: A growing population and a compromised and depleted aquifer leaves water in scarce supply for Palestinians

Gaza, a year on from Operation Protective Edge

A growing population and a compromised and depleted aquifer leaves water in scarce supply for Palestinians
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Illnesses, car crashes and suicides

Dozens of politicians, bureaucrats and businessmen linked to Indian bribery scandal die mysteriously
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Serve with ceremony on a tray chic carrier
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EU 'family' needs to forgive rather than punish an impoverished state

An outbreak of malaria in Greece four years ago helps us understand the crisis, says Robert Fisk
Gaza, a year on from Operation Protective Edge: The traumatised kibbutz on Israel's front line, still recovering from last summer's war with Hamas

Gaza, a year on from Operation Protective Edge

The traumatised kibbutz on Israel's front line, still recovering from last summer's war with Hamas
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World Bodypainting Festival 2015

Bizarre and brilliant photos celebrate 'the body as art'
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How to find gold: The Californian badlands, digging out crevasses and sifting sludge

How to find gold

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Singing accents: From Herman's Hermits and David Bowie to Alesha Dixon

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Lay off Alesha Dixon: songs sound better in US accents, even our national anthem
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10 best balsamic vinegars

Drizzle it over salad, enjoy it with ciabatta, marinate vegetables, or use it to add depth to a sauce - this versatile staple is a cook's best friend
Wimbledon 2015: Brief glimpses of the old Venus but Williams sisters' epic wars belong to history

Brief glimpses of the old Venus but Williams sisters' epic wars belong to history

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Greece says 'No': A night of huge celebrations in Athens as voters decisively back Tsipras and his anti-austerity stance in historic referendum

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