BP shares have risen more than 9% after it agreed to put $20bn (£13.5bn) in a fund to compensate victims of the Gulf of Mexico oil spill.
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The World Cup
With huge potential social and economic ramifications the World Cup is far more than just a football tournament. Marca have produced the defining guide to the tournament, both stylistically and interactively… Click here to view.
European VC Deals of the Week
TechCrunch European VC Deals of the Week
Spotify revamps its open service
Previously users were only able to access the free, ad-funded catalogue by receiving an invite to the site from a friend. However, from today (Tuesday) the Stockholm-based service, which has more than seven million users across Europe, will introduce Spotify Open. See here for the full article.
Al Fayed sells Harrods
Mohammed Al Fayed has sold Harrods to the Qatari Royal Family in a deal worth £1.5bn.
BP Shares Hit Seven Month Low
BP shares have hit a a seven-month low as concerns grow about the cost of cleaning up a massive oil spill off the Louisiana coast in the Gulf of Mexico.
House price inflation hits 10.5%
House prices in th UK rose by an average of 10.5% over the last year, the first double digit rise since June 2007. More information here…
Goldman Sachs Under Fire
The US Senator investigating the causes of the financial meltdown has launched a stinging attack on Goldman Sachs. See here for the full story…
Apple Records 90% Profit Jump
Apple has reported a 90% leap in its second quarter profits to $3bn (£1.94bn), boosted by huge demand for the iPhone.