And in the real world... Virgin Atlantic, Danone, Porsche, Marks & Spencer and more

LONDON - Today's round-up of the biggest business stories.

And in the real world... Virgin Atlantic, Danone, Porsche and more
And in the real world... Virgin Atlantic, Danone, Porsche and more

Virgin Atlantic's pre-tax profits soared from £34.8 million to £68.4 million in the year to February, despite the recession and volatile oil prices.
Source: The Guardian


Danone is planning to launch a rights issue to raise £2.6 billion to reduce its net debt and provide greater flexibility to make acquisitions.
Source: Financial Times


Porsche is trying to raise £1.54 billion to cover debts resulting from its failed bid to take over Volkwagen.
Source: The Daily Telegraph


The CBI said that recession-hit companies need more time to deal with rising deficits in their final salary pensions schemes.
Source: The Times


Sir Stuart Rose, Marks & Spencer’s executive chairman, has said publicly for the first time that he hopes to go before his previously announced departure date.
Source: The Times