Turkey needs more from Ataturk s heirs
Unable to win elections any more, secularists incite the army and the courts. Their parties are not real parties. They are shrinking cults for outsize egos, write David Gardner |
| |
The British election that both sides deserve to lose
At a time of crisis, the UK has to choose between a government about which it knows far too much and an opposition about which it knows far too little. Neither side is convincing, writes Martin Wolf |
| |
Why Europe s monetary union faces its biggest crisis
The euro is the second most important reserve and investment currency, largely because financial markets trust the ECB. To maintain this, the crisis must be surmounted rapidly, writes Wolfgang Sch uble |
| |
Bid talk helps lift London equities
London shares edged higher on Friday as a lively revival of merger and acquisition activity continued |
| |
Liberty in early takeover talks
Upmarket UK retailer confirms it has been approached by possible bidders but declines to give update on possible sale and leaseback of its Regent Street store |
| |
Recession-hit Aga trials green energy
Aga Rangemaster, which narrowly avoided making a loss in 2009 as the recession hit sales of its upmarket cookers, is taking part in a pilot scheme in which one of its ovens is being run on biogas derived from food waste |
| |
Asos aims to wrest the web crown from Next
Success for the UK's second most popular fashion retail website rests on two trends: the vogue for fast fashion and the growth of e-commerce |
| |
Hill & Smith profits lifted by road spending
An acceleration of spending on temporary road barriers by the Highways Agency helps the metal products supplier to boost profits in spite of a decline in demand for its galvanising services from industrial customers in northern Europe |
| |
Caution puts limit on tech excesses
Investors embrace restraint and lower expectations after infamous failures that led to the bursting of the dotcom bubble |
| |
MySpace plans phased revamp
MySpace will be relaunched in phases over the coming months, its new co-chief executives have revealed after a difficult period that has seen the site's market share drop as users migrated to other social networks such as Twitter and Facebook |
| |
Security concerns boost IndigoVision
IndigoVision reports increase in revenues of its internet-based digital camera systems |
| |
Sony sets aggressive 3D goals
Sony will launch 3D televisions in June, entering an increasingly crowded market that is betting the revolutionary TV will become the next hot product in the electronics industry |
| |
KKR files plans for $2.2bn float
Listing allows firm, founded by cousins Henry Kravis and George Roberts, to match their great rival Blackstone, which completed its IPO at the top of the market in 2007 |
| |
Xbox regains lead in console battle
Microsoft s Xbox 360 console outsold Nintendo s Wii in the US last month for the first time in more than two years |
| |
Twitter faces a battle for tweets
A Japanese website called Ameba Now is one of the first signs of micro-blogging website Twitter s vulnerability to competition. The rival has reached 1m visitors in the three months since its launch |
| |
Lehman file rocks Wall Street
The fallout from the report into the collapse of Lehman Brothers shook Wall Street and London as US officials grilled banks about off balance-sheet trades and questions were raised over the City s role in the company s attempts to cover up its problems |
| |
Beijing throws down challenge to Google
Negotiations over the US group s future in China come to a head, with the government warning that it is not prepared to compromise on internet censorship to stop the company leaving |
| |
US retail sales show surprise rise in February
US retail sales recorded a surprise rise in February, as wary consumers braved harsh winter storms and showed renewed interest in spending |
| |
US household debt falls for first time
Americans reduced their household debt for the first year on record last year as they aggressively cut back on spending to cope with the recession, Federal Reserve figures showed |
| |
Sarkozy and Brown hit at US on air tender
The French president and British prime minister have attacked the US for alleged protectionism in its handling of a $50bn military tender that looks likely to be awarded to Boeing |
| |