Economy
Glimmer of hope for HP as turnaround kicks in
It's not often that a drop in profits is met with a sprightly jump in share price. But that's what happened to HP today.
Also in the news:
Global markets tumble on Chinese data and US warning
23 May 2013There's an economic storm a-brewing today, after weaker-than-expected Chinese data shocked markets, and the US Federal Reserve revealed that it might slow down its money stimulus.
Another weather-beating for the high street
22 May 2013The ONS has revealed that retail sales were down 1.3% in April compared with the previous month. BUT there could be light at the end of the tunnel...
UK government borrowing falls. Well, kinda
22 May 2013Public sector borrowing for 2012-13 has fallen 30% on the previous year to £85.1bn. But that's mainly because of the transfer of the Royal Mail pension fund.
Luke Johnson: The madness of investing in booming digital firms
22 May 2013Software firms offer tempting opportunities for VC investors - but often they are too risky, says Luke Johnson. He's taking a punt on a restaurant in Florida.
Battersea developer romps home with $1bn sales
21 May 2013The developers of the Battersea Power Station complex have sold $1bn worth of properties as of Monday, making it one of the fastest-selling London developments ever.
JP Morgan boss faces investor wrath
20 May 2013Shareholders have lambasted the chairman and chief exec of JP Morgan, Jamie Dimon, over holding both roles. They say he should be one or t'other.
High inflation has 'cost the UK £10bn', says report
20 May 2013The Ernst & Young Item Club, which makes economic forecasts using the Treasury's own methods, says inflation has cost the UK £10bn over the last three years alone.
Record profits at Ryanair but the only way is down
20 May 2013Ryanair reports a record 13% rise in full-year profits but warns that higher airport charges means it's downhill from now.
Howard Davies: Why did Hollande entrust France's finances to a cosmetic surgeon?
17 May 2013Cahuzac, a cosmetic surgeon and Frances' budget minister, left a toxic cloud behind him after he resigned over a tax scandal. What did Hollande know and when?
Thomas Cook to fly in £400m of shareholders' cash
16 May 2013The struggling tour operator is expected to ask its shareholders to stump up £400m to help it pay off some debts.
Barroso: France has 'lost its competitiveness'
15 May 2013France has dipped into its second recession since Francois Hollande took up the presidency, prompting the EC president to call for sweeping reforms.
UK unemployment swings back up to 2.52 million
15 May 2013The ONS has announced that during the first three months of the year, the number of jobless grew by 15,000 people.
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- Market place 3.0, by Hiroshi Mikitani - review
- A Good African Story: How a small company built a global coffee brand, by Andrew Rugasira - review
- Office Politics: How to thrive in a world of lying, backstabbing and dirty tricks - review
- Bend, Not Break: A life in two worlds, by Ping Fu - review
- Antifragile: How to live in a world we don't understand, by Nassim Taleb - review
The MT interview: Gareth Penny
The boss of the world's dominant diamond business
Gareth Penny, De Beers Group CEO, predicts a sparkling return to form