News

New chief Andrew Mackenzie confident BHP Billiton can achieve 16% growth in two years

Lonmin poaches new chief executive from Amplats

Lonmin, the beleaguered platinum miner, has appointed Amplats' head of engineering, Ben Magara, as chief executive. He will start on 1 July, replacing Ian Farmer, who stepped down last August due to illness.

Kazakhmys shares dive as it takes $2bn hit on ENRC

Shares in FTSE 100 copper miner Kazakhmys tumbled by more than 7 per cent yesterday after it wrote down the value of its stake in fellow Kazakh miner ENRC by $2.2bn (£1.4 bn).

Market Report: Countrywide debut cheers IPO market

Countrywide got off to a lively start on the London Stock Exchange yesterday as shares in Britain's biggest estate agent raced up 13 per cent to 397p, valuing the business at £848m. The shares had already been priced at the top of the range at 350p and experts said the high first-day premium bodes well for the £1.3bn flotation of Esure at the end of this week. The insurer is expected to be priced at the top of a 275p to 310p range today in time for trading to start tomorrow.

Album: Telemann, 12 Fantasias for Solo Violin - Maya Magub (CDR)

Published in 1735, Telemann's Fantasias were long dismissed as music for amateurs and compared unfavourably with Bach's Sonatas and Partitas.

BHP Billiton facing 'corruption' inquiry into Beijing Olympics

BHP Billiton faces the threat of a multimillion-dollar fine after American and Australian anti-corruption authorities began to investigate allegations that it provided inducements, hospitality and gifts to Chinese officials in the run-up to the Beijing Olympic and Paralympic Games.

Glencore bosses' £270m dividend payouts despite profits dive

The top five directors in Glencore will collectively pocket about $410 million (£270 million) in dividends after the commodities trading giant - and its impending merger partner Xstrata - both revealed tumbling profits for 2012.

Business week in review

In profit...

The Last Runaway, By Tracy Chevalier

Pioneer America and the fight for abolition meet in a novel as artfully stitched as its quilts

New finance chief for Rio as big mining shuffle goes on

The changing of the guard continued in the FTSE 100 mining industry as Rio Tinto appointed Chris Lynch, a former finance head at BHP Billiton, as its chief financial officer.

Cyclone Rusty heads for Australian north west

Australia's major iron ore port was shut down and residents along a remote stretch of the country's west coast ordered to take shelter as a powerful cyclone bore down on the region today, bringing drenching rains and lashing winds.

Market Report: City scents a $17bn golden opportunity

A deal between the owner of basketball team Brooklyn Nets and two Russian retail and fruit juice tycoons yesterday got the City speculating that a $17bn (£11bn) miner could be created in the wake of the sale.

BHP Billiton becomes third FTSE 100 global mining giant to change CEO in as many months

BHP Billiton became the third of the FTSE 100 global mining giants to change its chief executive in as many months as the industry braces itself for a long period of sluggish resources prices.

Amplats counts the cost of wildcat strikes

The world’s-biggest platinum producer, Anglo American Platinum (Amplats), lost 6.3 billion rand  (£44.9 million) last year after it was hit by two months of wildcat strikes and lost production.

Rio Tinto's new man at top wins praise from investors

£8.7bn writedowns blow but hopes are voiced of a 'hard-nosed' era for miner

Amplats fuels strike fears after it cuts 14,000 jobs in South Africa

Anglo American Platinum risked triggering a repeat of last year's violent strikes in the South African mining industry today as it announced plans to mothball two mines and sell another, with the loss of 14,000 jobs.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
Syrian conflict is the world's first 'climate change war', say scientists, but it won't be the last one

Climate change key in Syrian conflict

And it will trigger more war in future
How I outwitted the Gestapo

How I outwitted the Gestapo

My life as a Jew in wartime Berlin
The nation's favourite animal revealed

The nation's favourite animal revealed

Women like cuddly creatures whilst men like creepy-crawlies
Is this the way to get young people to vote?

Getting young people to vote

From #VOTESELFISH to Bite the Ballot
Poldark star Heida Reed: 'I don't think a single bodice gets ripped'

Poldark star Heida Reed

'I don't think a single bodice gets ripped'
The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn