Market Report: Inventory worries hit chip maker ARM

Author: By Nikhil Kumar Bank of America Merrill Lynch said its global industry model suggested that inventories were now modestly above market equilib…

Imperial Tobacco names Alison Cooper as CEO designate

Author: By James Thompson Mr Davis, who will be 60 next year, said: “I think the time is right for me to move up and let Alison take up the [&he…

Blue-chip bonuses average £500,000

Author: By David Prosser, Business Editor The typical boss of a FTSE 100 company pocketed a bonus of £502,000 for the financial year to April, a surve…

At last, the proof. Sexism in the City holds women back

Author: By Rachel Shields The study, carried out by Cranfield University School of Management and commissioned by the Government Equalities Office, un…

Brown roots: Portents of economic doom?

Author: By Andrew Johnson and Julian Knight 2. BT announced it is cutting 15,000 jobs after unveiling a £134m loss. 3. France, one of the UK’s b…

America’s biggest mortgage firm at risk

Author: By Stephen Foley in New York and Danny Fortson Shares in Countrywide Financial plunged a further 13 per cent yesterday amid continuing turmoil…

Lloyds to freeze private equity out of property

Author: By Mark Leftly The part-state owned bank is trying to repair its balance sheet by finding joint venture partners to take big stakes in propert…

Stan Chart in surprise cash call as profits surge ahead

ByJames Moore</h2> Standard Chartered, the FTSE 100-listed Asia-focused bank, sprang a surprise on the City yesterday with a £1bn cash call as i…

Steve Holliday: The undersea secret that’s bringing more power to the people

He is talking about climate change, of course. But first, the history. Post-privatisation, National Grid was quick to expand. In the UK, it went into …

City cheers shares’ longest winning run in four years

Author: By James Moore and Maggie Pagano The index of leading British companies finished its seventh day of rises up 37.55 at 4,481.17. The FTSE 100 h…