News

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

ConocoPhillips to split into two separate companies

ConocoPhillips is to split into two, separately traded companies, the third largest US oil company said yesterday, sending its stock soaring by nearly 6 per cent in early trade in New York.

Time please ladies and gentlemen: M&B loses yet another chairman

The departure of the chairman comes at a time when the group is also looking for a new chief executive

Pendragon launches rights issue to deal with debt

Pendragon, Britain's biggest motor retailer, is to raise £71m through a discounted rights issue in order to tackle its debts.

Sir Stelios back at war with easyJet board

War broke out again yesterday between easyJet's founder, Sir Stelios Haji-Ioannou, and the company's board. In an 11-page letter, Sir Stelios threatened to organise a shareholder rebellion unless the airline abandons plans to buy more planes and returns profits to shareholders.

IPO yields $538m for Guryev

The Russian fertiliser group PhosAgro priced its initial public offering at the bottom of an indicated range, shrugging off stock-market volatility to raise $538m (£334m) for its largest shareholder, Andrei Guryev.

David Prosser: News Corp's final shot across the bows

Outlook Finally, did you spot how even in withdrawing yesterday, NewsCorp was still trying to call the shots? Its statement included a warning: if BSkyB pays a higher dividend than it has agreed so far, any future offer for the company from News Corp might be below the 700p bid first time around.

MWB steps up takeover bid

The hotels operator MWB has raised its potential offer for the 28 per cent of MWB Business Exchange that it does not already own after the office space supplier's second-biggest shareholder, Pyrrho Investment, said it would reject the initial bid.

Rent levels rise amid shortage of homes

A shortage of homes to let has forced rent levels higher and further increased the squeeze on cash-strapped consumers, according to figures today.

Hangover for Luminar as cash-strapped revellers shun nightclubs

Young people are increasingly staying away from pricey nightclubs in the wake of the economic downturn, forcing venue operator Luminar to issue its latest profit warning.

Laird shares fall on suitor's price stance

Shares in electrical products maker Laird fell 7 per cent to 190p after its US suitor Cooper Industries said it was still open to talks but would remain "disciplined" on the price.

No further damage after earthquake hits Japan

A strong earthquake jolted on Sunday the same area of northeastern Japan that was hit by a massive quake in March, but there was no sign of further damage along the coast or to the crippled Fukushima nuclear power plant, officials said.

Has cronyism wrecked Japan's long-term repair?

There have been better times to be Japanese. Still battling the unappeased demons of stagnation, bloated national debt, and the sclerotic effects of an ageing population, the authorities now seem paralysed in their efforts to rebuild after the 2011 earthquake. Despite the country's riches and technological know-how.

I'm sorry, says body-in-bathtub killer Tatsuya Ichihashi as he faces family in court

The Japanese man accused of murdering Lindsay Hawker has apologised to her family for raping and strangling the British teacher, but he denied intent to kill in the opening yesterday of his long-awaited trial outside Tokyo.

Parents fly to Tokyo for Lindsay Hawker murder trial

The parents of murdered British teacher Lindsay Hawker flew to Japan yesterday for her alleged killer's trial. Ms Hawker, 22, was found dead in a flat in Chiba, east of Tokyo, in March 2007.

Rank investors accept Guoco's unwilling bid

Investors selling shares in Rank, owner of Mecca Bingo, are set to ignore an extraordinary plea from the Guoco Group to turn down its 150p-a-share takeover offer.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Dubrovnik, the Dalmatian Coast & Montenegro
Burgundy, the River Rhone & Provence
Lisbon, Oporto and the Douro Valley
Lake Garda, Venice & Verona
Spain
Prices correct as of 30 January 2015
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee