News

Outlook First Standard Chartered, then Experian, and now Sainsbury’s. It’s shaping up to be a year of boardroom upheaval, and it’s still only January. Who next? Well, a little bird tells me Schroders’ veteran chief executive Michael Dobson has sounded out confidants in the City about the idea of him becoming chairman of this granddaddy of fund managers, succeeding 69-year-old Andrew Beeson.

British hedge fund Pentagon fined in US for 'late trading'

The British hedge fund Pentagon Capital and its chief executive, Lewis Chester, have been ordered by a US judge to pay $77m (£49m) after "intentionally and egregiously" engaging in illegal "late trading" or making mutual fund trades after the market had closed, but at stale prices.

Two foreigners arrested as Egypt cracks down on NGOs

The Egyptian authorities intensified their crackdown on foreigners at the weekend, arresting an Australian journalist and an American student and accusing them of trying to bribe civilians to join a strike.

Shopkeepers find that all they need is love

Valentine's Day could provide a much-needed boost for retailers as shoppers fork out for jewellery and gifts.

Another day and another deal in the pipeline

The big deal wagon rolled on again in the City yesterday as IT giant Misys said it was in talks over a £2bn merger deal.

The Market Report: Bloody nose for shortsellers as Ocado rockets

The short-sellers won't be happy, but there is no stopping Ocado at the moment. One of the most divisive stocks in the Square Mile, the online grocer continued its fantastic start to the year yesterday as yet more short covering helped it up to its highest share price for four months.

Amy Winehouse inquest coroner resigns

The family of Amy Winehouse is "taking advice" over revelations that the inquest into her death could be declared invalid.

Bad news for bonuses as Citigroup crashes into the red

A wipeout in its equity derivatives business helped push Citigroup's investment bank into the red, presaging grim news for staff awaiting their bonuses.

Shares in cruise firm Carnival drop 15%

Carnival has estimated the cost of the disaster at approaching £100 million but shares slumped today on fears the final figure will be much higher.

Major investors to tackle boards over executive pay

The UK's biggest investors will lead a crackdown on excessive boardroom pay, according to an exclusive poll of 200 leading City fund managers for The Independent on Sunday.

SuperGroup says 'product wins the day' as sales jump

The fashion retailer SuperGroup has shown its UK fashion rivals a clean pair of heels by delivering almost a 10 per cent leap in underlying sales over the festive period.

'I tend to get the right answers rather quicker and more often than most': Horton in 1991

Sir Robert Horton: Dynamic and combative head of BP and Railtrack

Sir Robert Horton had a forceful, dynamic management style which in 1990 propelled him to the top of British Petroleum, then the world's third-largest oil company. It was assumed he would develop into a titan of the industry. But his trademark vigour was accompanied by another trademark, that of imperious arrogance, which despite his undoubted talents led to his removal as chairman and chief executive within two years.

Stephen King: Hard times... Prepare yourself for the worst, our debt is here to stay

Economic Outlook: High government debt does not have to threaten the fabric of economic life
Voices
The Sumatran tiger, endemic to the Indonesian island of Sumatra, is an endangered species
voicesJonathon Porritt: The wild tiger population is thought to have dropped by 97 per cent since 1900
Arts and Entertainment
Beast would strip to his underpants and take to the stage with a slogan scrawled on his bare chest whilst fans shouted “you fat bastard” at him
musicIndie music promoter was was a feature at Carter gigs
News
news
Arts and Entertainment
Story line: Susanoo slays the Yamata no Orochi serpent in the Japanese version of a myth dating back 40,000 years
arts + entsApplying the theory of evolution to the world's many mythologies
News
Performers dressed as Tunnocks chocolate teacakes, a renowned Scottish confectionary, perform during the opening ceremony of the 2014 Commonwealth Games at Celtic Park in Glasgow on July 23, 2014.
news
Life and Style
Popular plonk: Lambrusco is selling strong
Food + drinkNaff Seventies corner-shop staple is this year's Aperol Spritz
News
Gardai wait for the naked man, who had gone for a skinny dip in Belfast Lough
newsTwo skinny dippers threatened with inclusion on sex offenders’ register as naturists criminalised
News
Shake down: Michelle and Barack Obama bump knuckles before an election night rally in Minnesota in 2008, the 'Washington Post' called it 'the fist bump heard round the world'
newsThe pound, a.k.a. the dap, greatly improves hygiene
Arts and Entertainment
La Roux
music
Arts and Entertainment
Graham Fellows as John Shuttleworth
comedySean O'Grady joins Graham Fellows down his local Spar
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The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
Countries that don’t survey their tigers risk losing them altogether

Countries that don’t survey their tigers risk losing them

Jonathon Porritt sounds the alarm
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz
A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on