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Market News

HP sales fall short of forecastsComputer firm Hewlett-Packard sees a drop in first-quarter sales, as it attempts to turn itself around under new chief executive Meg Whitman.

Peugeot boosted by alliance talksPeugeot shares jump 12% after the carmaker confirms it is in talks about possible "co-operations and alliances".

Peacocks sold but 3,100 jobs lostFashion retailer Peacocks is sold out of administration to Edinburgh Woollen Mill, saving 6,000 jobs, but 3,100 staff will be made redundant.

Air Asia hit by high fuel costsMalaysian budget airline Air Asia reports a 56% fall in fourth-quarter profit, hurt by higher fuel costs.

Dell forecasts decline in salesDell reports an 18% drop in fourth-quarter profit and forecasts a fall in sales in the current quarter, sending it shares down in after-hours trading.

Heathrow passengers reach recordThe number of passengers using BAA's Heathrow airport reached a record last year while losses for the company narrowed, the airport operator says.

Travis Perkins profits jump 37%Travis Perkins, the owner of Wickes, reports a jump in profits thanks to a strong performance in the building trade, but warned that the retail DIY market remains tough.

Hotels chain to create 3,000 jobsIntercontinental hotels, which owns the Holiday Inn and Crown Plaza hotel brands, says it will create 3,000 jobs in the UK.

South Korea wins Navy tanker dealThe Royal Navy selects South Korean firm Daewoo for a £452m deal to build four new fuel tankers.

Megaupload founder granted bailThe founder of shut down file-sharing website Megaupload, Kim Dotcom, is granted bail by a New Zealand court.

France Telecom reports weak 2011France Telecom plans to slash its payout to shareholders this year after a weak performance in 2011.

VIDEO: Alibaba.com shares surge in HKShares in the Hong Kong listed Alibaba.com have risen by as much as 40% after its parent company said it planned to take the e-commerce site private.

Clarke & IMG settle legal disputeEngland & Wales Cricket Board chairman Giles Clarke and media giant IMG have settled their legal dispute out of court.

Barratt bounces back into profitBarratt Developments has returned to profit after a loss for the same period last year and it expects to recover further.

Stores air work scheme concernsStores including Tesco and Argos express concerns over a government work placement scheme which has been derided by critics as "slave labour".

Would a Peugeot GM alliance make sense?Would a Peugeot-GM alliance make sense?

Small firms: How to expandYour latest start-up questions answered by our panel of experts

Biosensors measure sporting successThe new technologies changing sport performance

Evolve and fight for sales or dieSerial entrepreneur gives his top tips for business survival

Singapore pushes 'entrepreneurial nation'Singapore pushes itself as an entrepreneurial nation

The new world of workMicrosoft says the future of work is based on trust

Drone-makers target Asia for growthDemand for unmanned spy planes is booming in Asia

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Drought could hit Ukraine 2012 grain crop

Lack of moisture in soil across Ukraine could affect the yield of the next year’s winter grain crops and reduce the harvest, according to a senior weather forecaster, as farms started the 2012 winter grain sowing. Read More...

Pepsi to share farming expertise with China

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British editors appeal against crushing Fleet Street

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Aid impasse could spark EU food crisis

France warned Germany and other countries that they risked provoking a food crisis in Europe because of their opposition to an EU-funded food aid scheme for the bloc’s poorest citizens. Read More...

Sun-dried French fields cloud farmers moods

When French grain farmer Pascal Seingier pulls a wheat stalk from the cracked soil in his field and points to the browned stem and dried-out roots, his face clouds over... Read More...

Cannabis drug wins green light

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Ukraine grain export plan criticised

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