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Workers shovel oil from the BP oil spill which made landfall in Gulf Shores, Alabama June 12, 2010

BP lining up £5bn fund for oil spill

BP are in the process of talking with investment banks Blackstone Group LP, Goldman Sachs Group Inc and Credit Suisse Group AG, and now HSBC as it emerged that a £5bn war chest is being prepared.
Leahy, CEO of Tesco, speaks at the National Retail Federation 98th Annual Convention in New York

Tesco Q1 exceeds expectations

Tesco, have made an impressive start to the year, with a 8.2 pct growth in total sales, led by International sales which grew 11.9 pct (actual exchange rates).
WH Smith

WH Smith upbeat on outlook; shares 'neutral'

WH Smith, the newsagents and bookseller said it was confident of meeting full year guidance on profits as it announced fourteen week sales for 28 February 2010 to 5 June 2010.
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Irish eyes are smiling but is Ryanair really the world's favourite airline?

Perusing the much respected Airline of the Year awards given by air transport research company and occasional government consultants Skytrax over the last decade, I'm slightly at a loss. Singapore, Cathay Pacific, Emirates, Asiana (20 May 2010) even British Airways (2006), but not the airline Mr Michael O'Leary claims is the "world's favourite", Ryanair. Surely an omission and not simply hyperbole on Mr O'Leary's part as the Skytrax Airline of the Year Award is known the w...