Guardian offers to publish Tesco tax correction The Guardian has offered to publish a "prominent" correction to Tesco in a bid to settle a bitter legal row - but stopped short of the front page apology demanded. |
KKR turns to infrastructure KKR is to begin investing in infrastructure assets for the first time as the traditional private equity market continues to stagnate in the wake of the continued credit crisis. |
BA is circling and Willie Walsh should avoid a crash landing "Good morning ladies and gentlemen. I'm Willie Walsh your captain and I'd like to welcome you aboard this British Airways flight. It's time to sit back and enjoy the in-flight entertainment of our results presentation for the 12 months to March 31. |
Barclays gets bullish over American shares Barclays Wealth has advised clients to jump back into stock markets across the world, believing the danger of a severe downturn has receded after the dramatic rescue moves by central banks. |
Price snag kills off Arden deal City veteran Andy Stewart, chief executive of Cenkos Securities, says the stockbroker walked away from take-over target Arden Partners after non-executive directors demanded a higher price than first agreed. |
Oil leaps after Bush's Saudi trip The price of oil soared to yet another record high as President George W. Bush's second trip to Saudi Arabia in four months appeared to deliver a token victory in the battle for increased oil output. |
Qataris face £100m demand to support care homes group Bankers to Four Seasons, one of Britain's biggest nursing home chains, are demanding its Qatari government owners inject more than £100m of cash to stabilise the business. |
Carl Icahn backed in Yahoo! fight Star hedge fund manager John Paulson has emerged as one of the key backers of activist investor Carl Icahn in his bid to dethrone the Yahoo! board as the fight for control of the search engine operator's future intensifies. |
Barclays scents victory against credit crisis Barclays Wealth has advised clients to jump back into stock markets across the world, believing the danger of a severe downturn has receded after the dramatic rescue moves by central banks. |
Antisoma acquires US rival Xanthus Cancer drug specialist Antisoma has acquired rival pharmaceutical company Xanthus in an all-share deal worth £26.8m. |
British Energy has offers 'up to nearly £11bn' British Energy, the nuclear power producer, says it is sifting through several takeover approaches, some of which value it at almost £11bn. |
Turbulence ahead for anxious BA British Airways' 43,000 staff may beg to differ as they share a £35m bonus worth an average £800 each. So too may Willie Walsh, the plucky Irishman at the airline's controls, who is nobly forgoing £700,000 as penance for the Terminal 5 screw-up. But BA's full-year results must be the least relevant record figures for ages. |
Victor Chandler: The man who calls the odds Simon Goodley meets Britain's most famous bookmaker, who is never far from the headlines |
BA profits hit record but fares will rise British Airways posted record full-year profits, triggering a £35m staff bonus and a return to the dividend list, but warned of rising fares and route cuts as oil spikes above $120 a barrel. |
Ladbrokes scores with football flutters Ladbrokes' winnings from punters rose 34pc in the last four months, boosted by one of the most dramatic Premiership football seasons in years. |
Scandinavians unite to end Iceland's financial chaos The central banks of Norway, Sweden and Denmark have joined forces in a stunning move to rescue Iceland, offering a credit line of €1.5bn (£1.2bn) to beat back speculators and shore up the battered krona. |
Scots TV channel would show classics Take the High Road and Monarch of the Glen could return to the airwaves under plans for a Scottish digital television channel. |
BA success and BE bid hopes raise morale Property website Rightmove saw its shares tumble 6¾ to 378¾p after Halifax, its second-largest shareholder after Swindon Building Society, announced plans to offload its entire stake in the group. |
Capital & Regional's Mall Fund "needs £300m' Capital & Regional, which owns shopping centres up and down the UK, has revealed plans to raise capital for its largest fund because it is on the verge of breaking bank agreements. |
Halifax seeks to sell stake in Rightmove Property website Rightmove saw its shares tumble more than 7pc today after Halifax, its second-largest shareholder, announced plans to offload almost its entire stake in the group. |