Debenhams' new chief executive Michael Sharp makes his first presentation to the City, offering good news about how the department store chain has traded over the summer... more
Ka-pow! New BBC Trust chairman Lord Patten has fired another salvo in the direction of the Corporation's senior independent non-executive director Marcus Agius, whose day job is chairman of Barclays. Patten is warning BBC executive salaries must fall sharply... more
Market Round-up: What a fortnight it's been for Invensys shareholders. Last week the talk was all of it being a takeover candidate from rival engineers Emerson or ABB, then today it forms a potentially lucrative deal to crack into the huge Chinese train market... more
Traders dump shares in some of Britain’s most famed High Street names after a slew of updates from leading retailers fail to impress the market... more
The £10 billion battle for control of Cadbury, 5p cheaper at 792½p, is now warming up, but the City is looking around for the next Footsie 100 target... more
The Deal is back. Kraft’s unsolicited £10 billion bid for Cadbury. The merger of T-Mobile and Orange to form Britain’s largest mobile phone operator. Investment bankers are slavering after 18 months of what former senior Tory Alan Duncan might term “living on rations”
... more
From fraud allegations and political feuds to corporate governance issues and suspended shares - the ill-fated London listing of Russian oil company Sibir has seen it all... more
Energy: The leaders of two gas-starved European nations travelled to Ukraine and Russia on Wednesday, pressing them to restore supplies as the EU threatened both nations with legal action for halting energy deliveries in the middle of a bitter winter... more
Gas crisis: The heads of Russian and Ukrainian gas companies have held talks to discuss the dispute that plunged Europe into an energy crisis, but both sides said no breakthrough was reached... more
Russian energy giant Gazprom is threatening to cut off gas supplies to Ukraine as it unveiled an 85% jump in first-half profits to £14.2 billion... more
Remember wine? Not the anaesthetic of office parties, but Wine with a capital W like, say,
first-growth clarets with swaggering names (Lafite-Rothschild, Latour, Margaux, Haut-Brion, Mouton-Rothschild) and vertiginous prices? ... more
Scuttled warships from a conflict nearly 300 years ago threaten the construction of a vital multi-billion pound natural gas pipeline on the floor of the Baltic Sea... more
Tonight:
3°c
