Luxury goods manufacturers ranging from Swiss watchmakers through Scotch whisky distillers to the iconic Burberry fashion house are counting the potential cost of the Japanese crisis... more
Diageo, the world's biggest spirits group, misses City profit forecasts for the first half of its financial year only avoiding having to lower its full-year targets because of a strong recovery in its emerging markets divisions... more
Market Round-up: Dana Petroleum waves around strong numbers as part of its attempt to force Korea National Oil Corp to raise its £1.9 billion hostile takeover bid... more
Market Round-up: AIM-listed Sherborne Investors, a very activist fund manager, wastes no time doubling its stake in F&C Asset Management to just above 10%... more
What's next on Resolution’s shopping list? The whisper in the City today was that Clive Cowdery may have turned his eyes to the Continent and away from Legal & General for his buyout vehicle’s next insurance acquisition... more
The Chancellor of the Exchequer’s Budget was cynically seen by some in the City as an old fashioned move to soak the rich in order to dish out more to the poor with an eye on the next General Election.
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Golf: Missing the Johnnie Walker Classic due to illness proved to be a blessing in disguise for Thongchai Jaidee as he won golf's Indonesia Open... more
Golf: Holland's Robert-Jan Derksen carded an eightunder-par 64 to take a one-shot clubhouse lead at the opening round of the Johnnie Walker Classic in Perth... more
Consumer: Booze giant Diageo has run head first into economic reality, issuing a rare profits warning that indicates no business in the world is safe from the recession... more
Instead of the head of a household-name retailer, global bank or oil major, it will be Paul Walsh of the drinks firm, Diageo, stepping up to receive the coveted most admired company prize... more
Andy Kershaw was one of Britain's favourite DJs - until he was jailed and was banned from seeing his children. Now on the run from police, he breaks his silence. ... more
Sam Torrance criticised Ryder Cup captain Nick Faldo for selecting Ian Poulter as a wildcard in his 12-man European line-up at the expense of Darren Clarke... more
Gregory Havret was drenched in champagne by friends and supporters after winning the Johnnie Walker Championship at Gleneagles, but insists a taste of the Ryder Cup would be even sweeter... more
Drinks giant Diageo pushed profits above £2.3 billion in the last year as consumers around the world responded to the growing economic gloom by reaching for a stiff drink... more
Ian Poulter may have played his way out of next month's Ryder Cup by appearing in the US this week instead of the Johnnie Walker Championship at Glenagles... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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