Smash hit

Yorkshire Building Society to buy Chelsea

A deal to buy Chelsea would reinforce Yorkshire’s position as the second-biggest building society, behind Nationwide

Logica to close final-salary pension scheme

Logica said that it planned to close the defined-benefit scheme to new accrual from the second quarter of next year

Dubai World creditors eye its trophy assets

Lawyers are investigating merits of two separate claims, including one against valuable businesses such as P&O Ferries

Radical remedy to boom and bust

Adam Pose, of MPC, proposes that capital gains tax and stamp duty be increased in line with house price inflation

Surely not, darling!

Christian Lacroix is forced to abandon haute couture

LVMH scents victory against eBay

Paris court rules against eBay and says online auction house has no right to allow the sale of LVMH perfume brands

GM chief ousted after boardroom coup

General Motors, the troubled US car giant, makes a sudden shift of direction, ousting Fritz Henderson

US car sales show signs of stabilising

Carmakers continue to rely on discounts and other incentives to sell cars and trucks such as cash for clunkers subsidies

Cyber-criminals cash in with net pharmacies

Unscrupulous online criminals are exploiting consumers desperate to have access to swine flu drugs sold through internet

AstraZeneca in manufacturing move to China

Jobs and plants at risk as phamaceuticals giant plans to cut costs by outsourcing all production of molecules for drugs

Saab buyer backs out leaving 3,000 jobs hanging

Koenigsegg, Saab's tiny Swedish buyer, says it 'regrets' being unable to follow through on its planned acquisition of GM's Saab

GM repays €1.5 billion German bridging loan

The German Chancellor says the taxpayer has been left unscathed - and demands a thank-you letter from the car giant

Former banker buys Folio Hotels

James Brent, who was head of real estate at Citibank, is launching Akkeron Hotels, and plans chain of 150 regional hotels

Mitchells & Butlers ousts 'rebel' directors

Four non-executive board members have effectively been sacked in an unprecedented move by the pub and restaurant group

Graduate watch

NBC Universal sale makes key breakthrough

NBC Universal entertainment group will be sold to Comcast after a deal struck by General Electric and Vivendi

Technology ‘must drive global emissions cuts’

New chairman of BP says businesses must take lead in cutting wastage and demand for domestic and international travel

Tullow eyes $1.5bn bid for Ugandan fields

The oil explorer is considering buying out Heritage Oil, its joint venture partner in two fields, by matching an offer from Eni

David Ross, chairman of Cosalt

Co-founder of Carphone Warehouse has taken his first step back into the markets following a share disclosure scandal

Gatwick buyer sends in squad to fix woes

Global Infrastructure Partners is preparing to send in team of 'fixers' to help to overhaul operations of the airport

LVMH scents victory against eBay

Paris court rules against eBay and says online auction house has no right to allow the sale of LVMH perfume brands

Tesco says every little helps with Clubcard

Retailing giant ups the ante in fight to win customers by sending vouchers out early so they can be used before Christmas

Logica to close final-salary pension scheme

Logica said that it planned to close the defined-benefit scheme to new accrual from the second quarter of next year

Promethean plans to go public with flotation

The estimated valuation for the flotation by the British maker of computerised classroom whiteboards is between £400m and £500m

Mayor calls for mobile giants to form Olympic team

Boris Johnson talked to the mobile sector’s biggest hitters about ensuring the Olympics has a digital flavour

Orange seeks green light for merger

Orange is understood to be about to formally detail its attempt to create a ‘super-operator’ in a tie-up with T-Mobile

Gatwick buyer sends in squad to fix woes

Global Infrastructure Partners is preparing to send in team of 'fixers' to help to overhaul operations of the airport

British Airways flies toward biofuel planes

The airline has taken a big step towards using biofuels in its jets by starting trials in conjunction with Rolls-Royce

Top 100 graduate employers

Thames chief quits as upgrade cash capped

David Owens leaves water utility as Ofwat price ruling leaves it facing 'significant challenges' in funding investment