News

The US economy continued to grow in the final quarter of the year, expanding at an annual rate of 3.2 per cent, according to the Bureau of Economic Analysis.

SuperGroup fashions a high-speed sales spurt

SuperGroup, the Superdry fashion company, enjoyed its fastest quarter of growth for more than a year in the three months to July as better design and better products fed through to faster sales.

Tech entrepreneurs sell mobile app design business Grapple for £40m

Two London tech entrepreneurs are enjoying a windfall after selling their mobile app design business, Grapple, for almost £40 million just three years after setting it up.

James Moore: Pensions another way to pay the fat cats

Outlook The TUC today releases the latest edition of its Pension Watch survey, an illuminating document which analyses the retirement arrangements of the directors of this country's top 100 companies.

SFO will take Japanese camera giant Olympus to court over ‘false accounts’

Olympus paid $2 billion (£1.3 billion) for Gyrus and ran up the world’s biggest takeover advisory fee

Overseas takeovers of UK firms jump to six-year high

Glencore's multi-billion-pound tie-up with Xstrata pushed foreign takeovers of UK businesses to a six-year high during the second quarter, it emerged yesterday.

Named in six days: Soca told to publish list of blue-chip firms that hired rogue PIs – or MPs will

Soca earlier blocked publication of the list to protect the companies’ reputations

HTC executives held over ‘stolen secrets’

Three executives at the phone maker HTC have been arrested on suspicion of leaking trade secrets, sending shares in the Taiwanese smartphone specialist plunging.

Colao eyes windfall from $130bn Vodafone deal with Verizon Wireless

Vodafone’s chief executive Vittorio Colao could be in line for a £5.5m personal windfall from the sale of its 45 per cent stake in Verizon Wireless to America’s Verizon Communications.

Row brews over what Vodafone should do with its possible £84bn Verizon windfall

First comes the deal, then the fighting over the spoils. Just a day after Vodafone announced it was in talks to sell its stake in the US mobile business Verizon, investors have begun rowing over how the proceeds, likely to be around £84bn, should be spent.

People relax in deck chairs during the hot weather on Brighton beach on 1 August, 2013

The summer in numbers: 2013 the hottest, driest and sunniest since 2006

Met Office releases early estimates detailing facts and figures behind 'seventh-sunniest' summer since records began

Bank chairman admits spending taxpayer's bailout cash on beachside holiday home

A US banker is facing jail after using bailout funds to help his company buy a luxury condo in Florida.

Merrill Lynch poised to settle race bias claim in $160m deal

A racial discrimination suit against Merrill Lynch that has been slowly winding its way through American courts is close to being resolved, with the biggest settlement of its kind said to be in the works after an eight-year legal tussle.

Ryanair boss Michael O’Leary furious as airline is told to cut Aer Lingus stake

Budget airline boss Michael O'Leary says company will appeal against the 'bizarre' ruling

G4S was found to have overcharged taxpayers to monitor tags that didn't exist

G4S unveils £600m fund-raising scheme to shore up balance sheet

Company still reeling from Olympics security failure and overcharging scandal for tagging offenders

Small Talk: Profits slump for TalkSport owner UTV after fall in advertising

Profits have slumped more than 40% at TalkSport owner UTV because of an advertising drought as there has been no big football tournament this summer.

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