From UK 9:43pm

Dudley washes away image with prize wine

Halfpenny Green 2011 red scoops silver Decanter World Wine award

PERSONAL & HOUSEHOLD GOODS 9:20pm

Valeant nears $9bn Bausch & Lomb deal

Purchase of eyecare maker could be made in days

Robert " Bob" McDonald, chairman, president and chief executive officer of Procter & Gamble Co., speaks during a panel discussion at the Brookings Institution in Washington, DC, US. ©Bloomberg PERSONAL & HOUSEHOLD GOODS 7:42pm

P&G gambles on A.G. delivering the goods

Activists say company had lost its way under chief executive

PERSONAL & HOUSEHOLD GOODS 7:33pm

P&G buoyed by return of Lafley

Reappointment seen as test of value of second-time leaders

PERSONAL & HOUSEHOLD GOODS 7:27pm

Circus ringmaster of the investment world

Influencing big companies is becoming Bill Ackman’s trademark

Europe --- This image is a composite of hundreds of pictures made by the Defense Meteorological Satellite Program (DMSP), which currently operates four satellites carrying the Operational Linescan System (OLS) in low-altitude polar orbits. Three of these satellites record nighttime data. The DMSP-OLS has a unique capability to detect low levels of visible-near infrared (VNIR) radiance at night. With the OLS 'VIS' band data it is possible to detect clouds illuminated by moonlight, plus lights from cities, towns, industrial sites, gas flares, and ephemeral events such as fires and lightning-illuminated clouds ©NASA From PERSONAL FINANCE 6:44pm

Quality European shares still look cheap

Economically challenged periphery a base for some top-performing stocks

From PERSONAL FINANCE 5:52pm

Investors Chronicle: share tips

Share tips and a sector focus from the FT’s sister publication

A woman shops in a Louis Vuitton store during Vogue's 4th Fashion's Night Out: Shopping Night with Celebrities in downtown Shanghai September 7, 2012. Louis Vuitton is courting China's wealthy with one-of-a-kind shoes and bags it is branding as unique works of art to reclaim its exclusive cachet in the luxury market ©Reuters PERSONAL & HOUSEHOLD GOODS 5:37pm

Louis Vuitton designs its own slowdown

Luxury group chief’s strategy is to put brakes on rapid expansion

Alan G. Lafley ©Bloomberg PERSONAL & HOUSEHOLD GOODS 3:25pm

Wall St welcomes Lafley’s return to P&G

Shares rise 4% in response to departure of McDonald

PERSONAL & HOUSEHOLD GOODS 1:04pm

Whirlpool in talks to buy Sanyo stake

US group aims to purchase Panasonic’s share of Sanyo

TRAVEL & LEISURE 10:00am

Manchester United cuts its debt costs

Interest payments to fall by £10m a year after refinancing

TRAVEL & LEISURE 8:34am

Australia’s Crown exits Echo Entertainment

Packer group sells entire 10% stake to focus on hotel plans

RETAIL 12:17am

Sears suffers falling US sales

Hedge fund manager-turned chief calls quarter ‘unacceptable’

Lombard from FINANCIALS May 23, 2013

Lloyds and BofA owe apology over SJP

Some investors taken aback by UK bank’s move

RETAIL May 23, 2013

Buyout groups target US retailers

Rue21 has hallmarks of a typical buyout target    

FOOD & BEVERAGE May 23, 2013

McDonald’s defends on obesity concerns

Company responds to allegations of targeting children

RETAIL May 23, 2013

Ralph Lauren profits overcome weaker sales

Ongoing macroeconomic pressures weigh on retailer

May 23, 2013

Tesco paid £3m to two outgoing directors

Retailer lowers incentive targets and changes bonuses criteria

From LEX May 23, 2013

SABMiller: EM boost

Emerging markets drive most of group’s 14% growth

TRAVEL & LEISURE May 23, 2013

M&B warns of subdued consumer confidence

Group to target key customers in an up to £80m capital spend plan

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