Mexican tycoon overtakes Bill Gates as world's richest man
Microsoft founder Bill Gates looks to have lost his title to cigar-chomping Mexican telecoms entrepreneur.... [read more]
Private equity industry faces 'tough times'
Private equity firms will struggle to make spectacular gains in the future, a senior industry figure... [read more]
UK oil output shortfall raises fears of dependence on Russia
The energy industry warned today that government targets of keeping Britain's oil and gas production... [read more]
Carlyle Group is said to be discussing buyout of Virgin Media
A potential bid is worth more than $20 billion, a person with direct knowledge of the negotiations said... [read more]
Manufacturers call on Bank to halt rate rises
The Bank of England should resist the temptation to raise interest rates again this week because inflation... [read more]
NASA has its eyes on the prize
NASA is banking on the idea that a renaissance of technological ingenuity is just a treasure chest away.... [read more]
Tesco execs on the rack at AGM
Supermarket hit by revolt over meagre wages it pays workers in the developing world and anger at controversial... [read more]
Savings rate hits 47-year low
The amount people are saving in Britain has slumped to its lowest in nearly half a century, official... [read more]
China enacts a labor law meant to improve workers' rights
The action followed complaints about unpaid wages and other abuses, and an official tried to assure wary... [read more]
Tesco execs on the rack at AGM
Supermarket hit by revolt over meagre wages it pays workers in the developing world and anger at controversial... [read more]
Mike Ashley fights for boxing company Everlast
The Sports Direct discount retail chain is battling for control of the US brand made famous by Muhammad... [read more]
BP in oilseed tree project
Company sets up a venture with biodiesel firm to increase planting of jatropha, a tree that produces... [read more]
Wall Street rides to the rescue
Closing market report: The FTSE 100 was in the red for much of the day but an opening rise in New York... [read more]
Banks
ShoreBank thrives despite early predictions
Opening a bank aimed at improving the quality of life in poor urban areas was supposed to be a grand... [read more]
U.S. subprime woes could hurt Swiss banks, report says
While banks including UBS and Credit Suisse have raised their ability to absorb shocks, recent increases... [read more]
Energy
For some oil companies, Venezuela is hardly the worst option
The edicts of President Hugo Chávez are relatively tolerable when compared with conditions in countries... [read more]
Record oil profit masks Malaysian dependence
The Malaysian national oil company, Petronas, has posted record annual profit, but fuel subsidies and... [read more]
