Diana confidant eyes Aim listing

Dr James Colthurst, the close friend and confidant of Diana, Princess of Wales, is considering listing his medical technology firm on Aim.

Local papers hit by surge in online ads

Regional papers have reached a point of "no return", says a report which claims they will lose £250m in advertising revenues this year if the economy weakens.

Migrant workers 'find it easy to get British work permit despite controls'

Migrant workers find Britain is still one of the easiest countries in which to obtain a work permit, despite the introduction of a new system designed to tighten UK border controls, new research has found.

Northern Foods upbeat despite closure

Northern Foods, the supermarket supplier which is closing a factory with the loss of 730 jobs after contract talks with Marks & Spencer collapsed, has described conditions in the food industry as "fantastic".

Vodafone's Vittorio Colao vows more of same

Vodafone's chief executive-in-waiting Vittorio Colao has pledged to continue his predecessor Arun Sarin's strategy, promising "more of the same but deeper".

Treasury struggles with Northern Rock valuation

The Treasury is struggling to find an independent valuer to calculate how much Northern Rock's former shareholders should be paid in compensation, and is now considering advertising for the post.

World rallying rights holder crashes into red

The fortunes of International Sportsworld Communicators (ISC), holder of the commercial rights to motorsport's World Rally Championship, have gone into reverse, according to its latest accounts.

Busch family 'open to Inbev talks'

A member of the founding family of Anheuser-Busch, the Budweiser brewer facing a potential takeover offer from rival Inbev, has reportedly called for the two companies to sit down and hold talks.

Oil prices drop back below $130 in London and New York

Oil prices have fallen sharply to beneath the $130 mark, however experts warned that the recent spike in crude prices was unlikely to abate any time soon.

Baugur abandons Moss Bros bid

Baugur, the Icelandic investor, has abandoned its £40m indicative offer for Moss Bros, the menswear retailer, following stake-building in the company by Laura Ashley, the womenswear and furniture chain.

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HSBC targets Chinese listing

HSBC wants to list in China within the next two years to tap into the vast investor potential of the world's most exciting economy.

Punch Taverns pulls out of M&B buyout talks

The prospect of a private equity firm taking a stake in Mitchells & Butlers has suffered a blow after Punch Taverns walked away from "any transaction" with its embattled rival.

Belgian King treated me like dirty laundry, says illegitimate daughter

The illegitimate daughter of the King of the Belgians has claimed that her father treated her like "dirty laundry".