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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Netherlands' goalkeeper Tim Krul fails to make a save from Costa Rica's midfielder Celso Borges during a penalty shoot-out in the quarter-final between Netherlands and Costa Rica during the 2014 FIFA World Cup
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Sydney and Melbourne are locked in a row over giant milk crates
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Adèle Exarchopoulos and Léa Seydoux play teeneage lovers in the French erotic drama 'Blue Is The Warmest Colour' - The survey found four times as many women admitting to same-sex experiences than 20 years ago
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Two giraffes pictured on Garsfontein Road, Centurion, South Africa.
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View from the Llanberis Track to the mountain lake Llyn
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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
Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover

The dining car makes a comeback

Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover
Gallery rage: How are institutions tackling the discomfort of overcrowding this summer?

Gallery rage

How are institutions tackling the discomfort of overcrowding this summer?
Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players

Eye on the prize

Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Women's rugby: Tamara Taylor adds fuel to the ire in quest to land World Cup

Women's rugby

Tamara Taylor adds fuel to the ire in quest to land World Cup
Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices