Staff at John Lewis Partnership will receive a 15% bonus – equal to eight weeks’ pay – as the group once again announces outstanding annual results.

The International Air Transport Association (IATA) has halved its 2010 loss forecast from US$5.6 billion to $2.8bn following a marked recovery in global air industry passenger numbers.

Tullow Oil has announced its intention to sell two-thirds of its stake in its Lake Albert Rift Basin in Uganda, while its 2009 results reveal profit before tax down 93%.