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Ryanair reports sky high profits

Despite rocketing fuel costs and the eurozone recession, Ryanair has pulled record profits of more than €0.5bn out of the bag.

UK entrepreneurs must get ready for space race, says IoD

Quote of the day: 'We are just on the verge of space [tourism] moving from what people might think of as 'Star Trek' fantasy to the start of something more realistic.' The Institute of Directors is calling on UK entrepreneurs to invest in space travel now, rather than risk being left behind. The going...

Mayday at IAG as losses mount

Rising fuel costs and Spain's economic crisis have caused profits at British Airways owner IAG to nosedive in the first quarter.

EasyJet narrows losses in the first half

Despite higher fuel costs, the no frills carrier has managed to reduce losses in the first six months of 2012 to £112m, down from £153m year-on-year.

The entrepreneurs' Rich List 2012

The Sunday Times Rich List is out. We've picked over the top 50 to find out which UK entrepreneurs are defying the recession to rise through the ranks of the fabulously wealthy.

Crime does pay, says UN

Stat of the day: $2.1tn. This is the amount that the United Nations reckons is generated each year by crime.

Larry Page and James Cameron to mine asteroids in space?

Rumours abound that Google billionaires Page and Schmidt, alongside film director James Cameron are to boldly go where no man has gone before...

Beardy's going into battle again

Quote of the day: 'The European Commission has seemingly ignored all of the strong cases made by politicians, business groups and airlines, to enable one big company to become even more bloated.' Branson has appealed against a Commission ruling to allow the controversial acquisition of BMI by British...

Cameron on trade mission to 'responsible' Indonesia

The Prime Minister visits Jakarta today to fly the flag for British goods. His entourage includes 30 business executives from the worlds of energy, construction, pharmaceuticals and - controversially - defence.

Chocks away! IAG get EC OK for BMI

The much-anticipated takeover of BMI by mega-airline IAG has been cleared for takeoff by the EC.

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