The beleaguered London market took another hammering today as a late sell-off left the FTSE 100 Index down another 3% at a fresh six-year low.

Stellar results from oil giants BP and Shell boosted the energy sector and helped put the London market on the front foot today.

BRITISH investment bank Collins Stewart is to buy struggling lender International Securities Trading Corporation (ISTC) in a €5 million rescue deal.

The FTSE 100 Index jumped nearly 3% today after an emergency interest rate cut in the US buoyed investors.

British Airways will be among firms reporting this week during another busy few days for corporate results.

A judge in Los Angeles has ruled that the son of pop star Rod Stewart can stand trial on charges stemming from an alleged assault on a couple outside a party in the Hollywood Hills.

Commodity stocks provided a welcome uplift for the London market today after a rise in base metal and oil prices.

Mining firms and weaker than expected inflation figures provided a boost to the London market today, offsetting declines from a host of property companies.

Investors gave a cautious welcome to a fall in unemployment today as shares in London made steady progress.

A daily glass of pomegranate juice can hold back prostate cancer and could even prevent men dying of the disease, new research has shown.

Jordan Grand Prix and Midland Group have appointed ex-Formula One driver Johnny Herbert to the position of Sporting Relations Manager.

BILLIONAIRE domestic diva Martha Stewart reported to prison before sunrise yesterday to begin serving a sentence for lying about a share sale, slipping all but unnoticed past waiting supporters and media.

ANYONE earning more than €250,000 should be forced to pay 15% tax on all income before any tax allowances can be claimed, says a leading economist.

FORMULA One was yesterday thrown into chaos with news of Jaguar’s decision to quit the sport.

Racing supremo Bernie Ecclestone today described the withdrawal of Jaguar from Formula One as no surprise.

Shares in stockbrokers Collins Stewart rose 5% yesterday after it was cleared of market abuse.

Ex-Formula One star Johnny Herbert will get behind the wheel of a grand prix car again after a special request from Nelson Mandela.

Martha Stewart resigned today from the board and as chief creative officer of the media empire she created that made her the queen of domestic arts.

A City stockbroking firm was today circling the Telegraph Group after confirming it has made an offer thought to be worth up to £500m (€714m).

Wolves have again take the lead against Leicester at Molineux, while Arsenal lead Conference side Farnborough by two at the break.

Arsenal have opened the scoring against Conference side Farnborough through Sol Campbell at Highbury.