We report an unusual highly-anisotropic in-plane magneto-resistance (MR) in graphite. In a certain current direction MR is negative and linear in low fields with a crossover to a positive MR at higher fields, while in a perpendicular current direction we observe a giant super-linear positive MR. These extraordinary MRs are respectively explained by a hopping magneto-conductance via non-zero angular momentum orbitals, and by the magneto-conductance of inhomogeneous media. The linear negative orbital MR is a unique signature of the broken time-reversal symmetry (TRS) in graphite. While some local paramagnetic centers could be responsible for the broken TRS, the observed large diamagnetism suggests a more intriguing mechanism of this breaking, involving superconducting clusters with unconventional (chiral) order parameters and spontaneously generated normal-state current loops in graphite.PACS numbers: 72.20. Ee, 72.80.Le, 72.20.My, 73.61.Ph The transverse magneto-resistance (MR) in a magnetic field B along the z-axis defined as M R = σ xx σ xx (0)/(σ 2 xx + σ 2 xy ) − 1 in terms of the conductivity tensor σ ik (B), is a sensitive probe of the electron transport mechanism in doped semiconductors and metals. In an isotropic medium with the Bloch electrons it is positive and quadratic in B, except the open Fermi surfaces, where for some specific directions of B the positive MR is linear in B. In the hopping regime with localized carriers MR is caused by a strong magnetic field dependence of the exponential asymptotic of bound state wave functions at a remote distance from a donor (or an acceptor), which leads to a significant positive MR, which is also quadratic in low magnetic fields [2].However, there is a substantial number of semiconductors and semimetals (e. g. bismuth) where open Fermi surfaces are not feasible, but the positive MR is linear. One of the theoretical possibilities for such a phenomenon is a so-called quantum magnetoresistance in semimetals having pockets of the Fermi surface with a small or even zero effective mass (as the Dirac fermions in graphite and graphene), which might be in the ultra-quantum limit at rather low magnetic fields [3].On the other hand, there is anomalous negative MR (NMR) first observed in some hopping systems, for instance in amorphous germanium and silicon. More recently a linear NMR has been observed in the longitudinal c-axis interlayer current in graphite at high magnetic fields assigned to a growing population of the zero-energy Landau level of quasi-two-dimensional Dirac fermions with the increasing magnetic field [4].Here we report a low-field transverse MR in bulk quasitwo-dimensional graphite samples, which is giant ( 1400% at 2K and B = 200 mT) and positive in one in-plane current direction, and linear and negative (below 80 mT) in the other direction, when the magnetic field is applied perpendicular to the planes. These observations are quantitatively explained in the framework of the magnetotransport of inhomogeneous low-carrier semiconductors [5] and of a ho...