News

Istanbul aggressively increased its overnight lending rate to 12% from 7.75%

Alliance defeats Laxey's shares buyback proposal

Alliance Trust has seen off an attempt by rebel investor Laxey Partners to force the investment trust to buy back shares trading at a discount to net asset value of 10 per cent or more.

Stock Markets: 21/05/2011

New York

Stocks slid amid signs that American consumer demand may be weakening, and fears about the Greek debt crisis. The Dow Jones industrial average fell 33.30 points, or 0.26 per cent, to 12,572.63 in afternoon trading.





Workers enter Fukushima No3 reactor at last

Japanese workers have entered the last of three reactor buildings hit by nuclear fuel meltdowns at the crippled Fukushima plant. The operator, Tokyo Electric, is moving to stabilise a facility that has been leaking radiation for more than two months.

David Prosser: Greater auditing competition is overdue

Outlook The Office of Fair Trading's latest thoughts on competition in the audit market (or the lack of it) make interesting reading. Not only does it question whether Britain can tackle the problem without assistance from the European Commission – in which case, it says, why bother with a Competition Commission inquiry? – but it also effectively suggests that the big four audit firms' clients must shoulder some of the blame for concentration in the industry.

Sharaku: The mystery man unmasked

In 10 months, Japanese artist Sharaku created prints that became classics – then he vanished. Adrian Hamilton is gripped by an enigma at the Tokyo National Museum

Radioactive 'pond' found at Fukushima

Japanese officials have found an Olympic swimming pool-sized pond of radioactive water in the basement of a unit at the Fukushima nuclear plant crippled by the March earthquake and tsunami.

Third worker dies at Fukushima nuclear plant

A worker at Japan's tsunami-crippled Fukushima Daiichi nuclear power plant died today, plant operator Tokyo Electric Power Co said, bringing the death toll at the complex to three since a massive earthquake and tsunami in March.

ONS revises data on construction industry

Britain's building industry endured another contraction of output in the first three months of the year – but by less than previously estimated, the Office for National Statistics says.

Partial meltdown hits Fukushima nuclear plant

Uranium fuel in at least one of the six reactors at Fukushima has melted, the operator of the crippled nuclear plant has said. The admission effectively torpedoes a plan to flood the overheating fuel with water and bring a quick end to the worst nuclear crisis since Chernobyl.

Warm weather catches out Supergroup

Shares in Supergroup, owner of the Superdry clothing brand, fell by nearly 23 per cent to 1219p yesterday after it posted a sharp slowdown in its sales growth.

David Prosser: Alliance prepares to face its tormentor

Outlook The day of reckoning is fast approaching for Alliance Trust and its highly regarded boss, Katherine Garrett-Cox. Laxey Partners, its dissident shareholder, yesterday won the backing of two corporate governance groups for its campaign to force Alliance to implement an automatic discount- control mechanism.

Osborne 'unlocks' Stock Exchange in new ceremony

The London Stock Exchange's version of Wall Street's opening bell was launched yesterday with the use of a giant countdown clock and key.

National Express nears Elliott truce

The transport operator National Express, which last week put on a show of strength with news of rising profits amid calls by its biggest shareholder for strategic changes, is close to striking a deal with the dissenting investor before its annual meeting tomorrow.

Flying in for the summer

A gannet comes in to land at the RSPB's Bempton Cliffs on the East Yorkshire coast. About 20,000 gannets, which pair for life and can live for more than 20 years, are among the quarter of a million seabirds that return to nest each summer on the 100m high chalk cliffs at Bempton.

The Hedonist: Tokyo

What to see and where to be seen
Voices
There will be a chance to bid for a rare example of the SAS Diary, collated by a former member of the regiment in the aftermath of World War II but only published – in a limited run of just 5,000 – in 2011
charity appealTime is running out to secure your favourite lot as our auction closes at 2pm tomorrow
Arts and Entertainment
Mark Wright and Bianca Miller in the final of The Apprentice
tvMark Wright and Bianca Miller fight for Lord Sugar's investment
Arts and Entertainment
X Factor winner Ben Haenow has scored his first Christmas number one
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Arts and Entertainment
James May, Jeremy Clarkson and Richard Hammond in the Top Gear Patagonia Special
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News
File: James Woods attends the 52nd New York Film Festival at Walter Reade Theater on September 27, 2014
peopleActor was tweeting in wake of NYPD police shooting
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Claudia Winkleman and co-host Tess Daly at the Strictly Come Dancing final
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News
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Extras
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peopleLiam Williams posted photo of himself dressed as Wilfried Bony
Sport
Martin Skrtel heads in the dramatic equaliser
SPORTLiverpool vs Arsenal match report: Bandaged Martin Skrtel heads home in the 97th-minute
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Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
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The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there
The 12 ways of Christmas: Spare a thought for those who will be working to keep others safe during the festive season

The 12 ways of Christmas

We speak to a dozen people who will be working to keep others safe, happy and healthy over the holidays
Birdwatching men have a lot in common with their feathered friends, new study shows

The male exhibits strange behaviour

A new study shows that birdwatching men have a lot in common with their feathered friends...
Diaries of Evelyn Waugh, Virginia Woolf and Noël Coward reveal how they coped with the December blues

Famous diaries: Christmas week in history

Noël Coward parties into the night, Alan Clark bemoans the cost of servants, Evelyn Waugh ponders his drinking…
From noble to narky, the fall of the open letter

From noble to narky, the fall of the open letter

The great tradition of St Paul and Zola reached its nadir with a hungry worker's rant to Russell Brand, says DJ Taylor
A Christmas ghost story by Alison Moore: A prodigal daughter has a breakthrough

A Christmas ghost story by Alison Moore

The story was published earlier this month in 'Poor Souls' Light: Seven Curious Tales'
Marian Keyes: The author on her pre-approved Christmas, true love's parking implications and living in the moment

Marian Keyes

The author on her pre-approved Christmas, true love's parking implications and living in the moment
Bill Granger recipes: Our chef creates an Italian-inspired fish feast for Christmas Eve

Bill Granger's Christmas Eve fish feast

Bill's Italian friends introduced him to the Roman Catholic custom of a lavish fish supper on Christmas Eve. Here, he gives the tradition his own spin…
Liverpool vs Arsenal: Brendan Rodgers is fighting for his reputation

Rodgers fights for his reputation

Liverpool manager tries to stay on his feet despite waves of criticism
Amir Khan: 'The Taliban can threaten me but I must speak out... innocent kids, killed over nothing. It’s sick in the mind'

Amir Khan attacks the Taliban

'They can threaten me but I must speak out... innocent kids, killed over nothing. It’s sick in the mind'
Michael Calvin: Sepp Blatter is my man of the year in sport. Bring on 2015, quick

Michael Calvin's Last Word

Sepp Blatter is my man of the year in sport. Bring on 2015, quick