News

Don’t cry for Aberdeen Asset Management but Argentina’s currency issues sent it falling yesterday.

Facebook stock climbs after rocky start but still 16 per cent below initial public offering price

Facebook's stock is climbing higher, a reprieve for shareholders after the stock's rocky inaugural trading day on Friday was followed by a two-day decline.

Facebook shares tumble again

Shares of Facebook took another tumble today, continuing a downward spiral that began at the start of the week.

Banks' bonanza in MegaFon float

The investment banks Goldman Sachs and Morgan Stanley could be on for a bumper pay day after being selected to float Russia's second-largest mobile phone company on the London stock market.

Advertising looks set to win from the busy summer

Hopes are rising of a significant advertising boom from a triple whammy of feelgood events with the Diamond Jubilee, Olympics and Euro 2012 football championship between June and August.

On the Floor, By Aifric Campbell

Abanker facing burn-out may not make the most sympathetic of central characters, which is perhaps why the protagonist of Aifric Campbell's third novel – a 28-year-old female investment banker – is an anti-heroine. Geri Molloy is a big fish at Steiner's, having made her name by catching the firm's biggest client. Outwardly, she is riding high in the sector's 1990s heyday, but privately is grappling with an emotional crisis that threatens to sabotage her success.

Three Cove executives to share £40m windfall after Shell takeover

Shell is setting up shop in Kenya and Mozambique after agreeing to buy the East Africa-focused oil and gas company Cove Energy for nearly £1bn.

KKR lifeline buys time for Coryton

Kohlberg, Kravis & Roberts (KKR), the US buyout firm, threw a lifeline to the Coryton refinery in Essex yesterday, striking an agreement that will keep it in business for the next three months.

Market Report: William Hill on a loser as bookies take online rap

Don't put your money on the bookies, was the advice being given out to punters yesterday. William Hill was left near the back of the pack after it and its rivals were attacked for giving worse odds to gamblers in their shops than those who choose to make their wagers online.

Facebook: $100bn – are you kidding?

Facebook wants us to think it is worth four times as much as BT. Potential investors will argue otherwise

Blankfein fails to land lead role in Facebook flotation

Goldman Sachs boss Lloyd Blankfein has failed to win the coveted role of lead banking adviser in the Facebook stock market float, despite having already invested in the social networking website.

Goldman loses out on lead float role for Facebook

Goldman Sachs boss Lloyd Blankfein has failed to win the coveted role of lead bank in the Facebook stock market float, despite having already invested in the social networking website.

Game Over On Wall Street?

The lacklustre stock market debut for Zynga raises questions over whether the new tech bubble is already deflating, before Facebook's IPO

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Mullah Omar, creator of the Taliban, is dead... for the fourth time

Mullah Omar, creator of the Taliban, is dead... for the fourth time

I was once told that intelligence services declare their enemies dead to provoke them into popping up their heads and revealing their location, says Robert Fisk
Donovan interview: The singer is releasing a greatest hits album to mark his 50th year in folk

Donovan marks his 50th year in folk

The singer tells Nick Duerden about receiving death threats, why the world is 'mentally ill', and how he can write a song about anything, from ecology to crumpets
Oculus Rift and the lonely cartoon hedgehog who could become the first ever virtual reality movie star

The cartoon hedgehog leading the way into a whole new reality

Virtual reality is the 'next chapter' of entertainment. Tim Walker gives it a try
10 best waterproof mascaras

Whatever the weather: 10 best waterproof mascaras

We found lash-enhancing beauties that won’t budge no matter what you throw at them
Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkish President Erdogan could benefit politically from the targeting of the PKK, says Patrick Cockburn
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn or a return to a Labour government

Our choice is years of Tory rule under Corbyn or a return to a Labour government

Yvette Cooper urged Labour members to 'get serious' about the next general election rather than become 'a protest movement'
Singapore's domestic workers routinely exploited and often abused in the service of rich nationals

Singapore's hidden secret of domestic worker abuse

David Cameron was shown the country's shiniest veneer on his tour. What he didn't see was the army of foreign women who are routinely exploited and often abused in the service of rich nationals
Showdown by Shirley Jackson: A previously unpublished short story from the queen of American Gothic

Showdown, by Shirley Jackson

A previously unpublished short story from the queen of American Gothic
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Solved after 200 years: the mysterious deaths of 3,000 soldiers from Napoleon's army

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The mysterious deaths of 3,000 soldiers from Napoleon's army
Every regional power has betrayed the Kurds so Turkish bombing is no surprise

Robert Fisk on the Turkey conflict

Every regional power has betrayed the Kurds so Turkish bombing is no surprise
Investigation into wreck of unidentified submarine found off the coast of Sweden

Sunken sub

Investigation underway into wreck of an unidentified submarine found off the coast of Sweden
Instagram and Facebook have 'totally changed' the way people buy clothes

Age of the selfie

Instagram and Facebook have 'totally changed' the way people buy clothes
Not so square: How BBC's Bloomsbury saga is sexing up the period drama

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Rio Olympics 2016: The seven teenagers still carrying a torch for our Games hopes

Still carrying the torch

The seven teenagers given our Olympic hopes