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Euro

Slump looms in eurozone as economy takes a dive

Europe's lingering debt crisis has pushed the eurozone closer to recession as the beleaguered single currency bloc's economy shrank for the first time in nearly three years  Comments (1)
Mike Ashley

Sports Direct is on right track

Sports Direct is on track to hit its "super-stretch" profit targets this year, passing the first hurdle that could see it hand founder Mike Ashley a bundle of shares worth nearly £17 million  Comments

Mervyn King

Bank may turn off printing presses as inflation drops

The Bank of England's latest £50 billion burst of quantitative easing may be the last time it needs to resort to the printing presses  Comments (5)

Pizza

Online orders on mobiles lift Domino's

Domino's Pizza UK said its online sales have powered ahead to account for more than half of delivered sales  Comments

Debt deadline: Greece on brink

Hopes were rising that Greece will sign up to the first €130 billion (£109 billion) bailout from the European Union and International Monetary Fund  Comments

Beer

Frothy profits at Heineken

The economy might be in dire straits but Brits still love a pint down the pub  Comments

French banks face battering on exposure to Greek debt

French banks look set to take one of the biggest haircuts on Greek debt as the country's largest, BNP Paribas, has said it had raised its provisions on Greek sovereign bonds to 75%  Comments (1)


Thorntons

Thorntons calls in a former Gunner to help turnaround

The chocolatier Thorntons has turned to the former boss of Arsenal football club to turn around its fortunes  Comments (1)

LandSecs £1bn joint venture for Victoria

A £1 billion-plus redevelopment is on the way at Victoria station  Comments

Morgan Crucible results surge on emerging market growth

Morgan Crucible reported highest-ever full-year results, helped by strong performance across both its divisions, and reiterated that 2012 growth would be driven by new products and emerging markets  Comments

Intercontinental Hotels

Hotel giant goes for Olympic gold as profits wow the City

Hotelier InterContinental Hotels is looking to emerging markets and especially China to drive future growth  Comments

Yell

Yell dives as print blow outstrips digital leap

Beleaguered Yellow Pages directories publisher Yell has seen its shares plunge as much as a quarter after a worse-than-expected slump in revenues  Comments (1)

Osb and mervyn

Relief for Sir Mervyn as inflation takes a tumble

Bank of England Governor Sir Mervyn King has gained a major victory in his battle to bring down the spiralling cost of living as inflation in January dropped to its lowest level for more than a year  Comments (7)

Lloyd's of London

Thai disaster floods Lloyd's with a bill for £1.4 billion

Thailand's worst flooding in 50 years last October will cost the Lloyd's of London insurance market $2.2 billion (£1.4 billion), it has warned  Comments

Japan

Bank of Japan increases stimulus to boost growth

Bank of Japan has added 10 trillion yen (£83 billion) to its 20 trillion yen pool of funds set aside for asset purchases in a surprise move  Comments

Box of tricks: DIY tools can be expensive to buy

Brammer sees profits jump

Industrial services group Brammer has posted a 41% jump in full-year pretax profit on strong demand  Comments

Job Centre unemployment

Jobless total jumps by 48,000 with UK facing 'zig-zag year'

Bank of England Governor Sir Mervyn King warned Britain faces a "zig-zag" year of growth and gloom today as unemployment rose by 48,000  Comments (22)

Fashion book

Bloomsbury takes a new passage to India

Publisher Bloomsbury is to set up a new business in India to take advantage of rapidly growing demand from the country's English-speaking middle class  Comments

Rio Tinto

BHP and Rio bet on copper with mine expansion

The future is looking copper-coloured for BHP Billiton and Rio Tinto after the mining giants announced plans to invest $4.5 billion (£2.9 billion) to expand the world's biggest mine for the metal  Comments (1)

Euro

City says timing wrong in Moody's UK rating threat

City economists have raised doubts over the timing of the threat by rating agency Moody's to slash the UK's AAA sovereign credit score, arguing that the economy is showing signs of life this year  Comments (3)

Piggy bank savings

Why saving may start to make sense again - just

Long-suffering savers at last had some good news today when inflation fell below 4%, meaning there are now seven standard savings accounts paying out a real rate of return  Comments

Carlyle cashes in with £650m ATMs sale to Japanese rival

United States private-equity firm Carlyle is to double its money by selling UK cash systems and automatic teller machines business Talaris to a Japanese rival in a deal worth £650 million  Comments

Greek protests

Greeks must quickly implement cuts

The Greek government has been challenged to "sell" its latest austerity deal to the public and end a "spiral of unsustainable finances"  Comments (5)

Job centre

'True' jobless total is 6.3m

Unemployment could be as high as 6.3 million in the UK if a different counting measure was used, highlighting the true scale of joblessness, according to a new report  Comments (2)


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Market Roundup
WEDNESDAY UPDATE

Barclaycard's exit leaves CPP with an identity crisis

Bye bye Barclaycard. Nearly a year since the FSA started investigating CPP over its sales techniques, the identity theft protection firm touched a new, all-time low today after admitting it was losing one of its most high-profile clients

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City Spy, cityspy@standard.co.uk

BAA boss receiving loud and clear now

Normally anyone suffering from a weak mobile phone signal just has to put up with it. But when you're the boss of Britain's biggest airports operator, it seems the problem of suffering the 21st-century equivalent of being sent to Coventry can quickly be solved

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