Almost 18-years ago the whole nation was screaming as one of their own fought to become a world champion.

Asia Pacific Breweries Ltd surged to a record in Singapore trading yesterday after Heineken, the world’s third-biggest brewer, offered as much as $6bn (€4.75bn) for full control of the maker of Tiger beer.

Paul Nicholls and Ruby Walsh continued where they left off in December with a 137-1 treble at Sandown.

The new owner of UK department store House of Fraser today promised a shake-up for Britain’s “boring” high street after buying the chain for £351m (€522.3m) this week.

Matalan boss John King was named chief executive of House of Fraser today after the department store chain changed hands in a £351m (€523.4m) deal.

London’s leading shares ended the day in positive territory today despite a fall for British Airways after news of a competition blow.

Department store chain House of Fraser today said its sales performance had been boosted by new store openings and the integration of the Jenners and Beatties department stores into the business.

The FTSE 100 Index powered back towards the 6100 mark today with gains that nearly wiped out some of last week’s losses of more than 100 points.

Steady gains by miners put the London market on the front foot today as the FTSE 100 Index looked to claw back losses after a disappointing end to April.

Icelandic group Baugur was today thought to be behind a bid for House of Fraser after the department store chain revealed it had received a “very preliminary” approach.

Icelandic group Baugur was today unmasked as the investor behind the dawn raid on House of Fraser which sent shares in the department store group soaring to an eight-year high.