Yell warns on economy recovery. Photograph: Gabriel Szabo/Newscast Yell, the heavily indebted directories group, has lost nearly 11% after a disappointing trading update and talk of possible fundraisings. The company said first quarter revenues were down 10.6%, with earnings down 10.9% at constant exchange rates. It said this was in line with previous guidance, as [...]

Microsoft said it has now sold 175m Windows 7 licences. Photograph: Justin Sullivan/Getty Images Microsoft added to the growing sense of recovery in the technology sector last night by reporting record quarterly revenues, driven by strong sales. The software giant pipped Apple, one of its greatest rivals, with a 22% jump in revenues to $16bn [...]

Microsoft said it has now sold 175m Windows 7 licences. Photograph: Justin Sullivan/Getty Images Microsoft added to the growing sense of recovery in the technology sector last night by reporting record quarterly revenues, driven by strong sales. The software giant pipped Apple, one of its greatest rivals, with a 22% jump in revenues to $16bn [...]