Nikhil Kumar

Nikhil Kumar is The Independent's New York correspondent. He was formerly assistant editor on the foreign desk and has also done a variety of jobs on the city desk, where he wrote about markets, commodities and other business and economics topics.

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Microsoft's Xbox 360 is equipped with a Kinect motion-sensing controller

Apple buyout of 3D-sensor company PrimeSense gives fans a hint of the next big thing

The tech giant has acquired PrimeSense, a start-up specialising in the kind of 3D motion technology used in Microsoft’s Xbox

Postcard from... Delhi

Conrad Murray was given four years in jail for manslaughter

Michael Jackson ‘accidentally killed himself’ claims pop star’s former doctor Conrad Murray

‘He was a drug addict. Michael Jackson accidentally killed Michael Jackson,’ the convicted cardiologist claims

Twitter looks at $14bn valuation in NYSE listing

Enthusiasm among investors eager for a slice of the hottest new tech IPO led Twitter to raise the price range of its shares by a heady 25 per cent ahead of its debut on the public markets this week.

BlackBerry ditches Fairfax sale plan and seeks a $1bn lifeline

BlackBerry, the troubled Canadian mobile phone maker, has abandoned plans to sell itself to its largest shareholder and announced the departure of its chief executive as it adopts a new strategy to revive its business.

SAC Capital pleads guilty to insider trading and agrees to pay record $1.8bn fine

The dramatic fall from grace of what was once among Wall Street’s most powerful hedge funds was sealed on Monday after SAC Capital, founded by the billionaire investor and art collector Steve Cohen, agreed to plead guilty and pay fines totalling $1.8bn to resolve charges stemming from a rare insider trading case brought by US prosecutors.

US hedge fund faces insider fine of $1.2bn

A major Wall Street success story is expected to come an end this week when SAC Capital, the hedge fund giant founded by the billionaire trader Steve Cohen, seals a settlement with US prosecutors who earlier this year slapped the business with a rare criminal case.

Forex traders at RBS and Barclays suspended over manipulation claims

A number of traders at Barclays and the Royal Bank of Scotland have been suspended amid a growing investigation into allegations of possible manipulation of the $5.3trn (£3.3trn) a day foreign currency market.

JPMorgan's top currency dealer put on leave

JPMorgan's top, London-based currency dealer has been put on leave against the backdrop of regulatory inquires involving a number of large banks over allegations of possible manipulation of the foreign-exchange market.

Barclays and RBS sued by Fannie Mae over Libor scandal

Barclays and the Royal Bank of Scotland are among nine banks being sued by the US mortgage market giant Fannie Mae over the alleged manipulation of the benchmark Libor interest rate.

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Michael Calvin: Time for Old Firm to put aside bigotry and forge new links

Michael Calvin's Last Word

Time for Old Firm to put aside bigotry and forge new links
Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing