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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Danny Higginbotham on being let go by Manchester United, annoying Gordon Strachan, utilising his talents to the full at Stoke and plunging into the world of analysis
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No postcode? No vote

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How living on a houseboat meant I didn't officially 'exist'
Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

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But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

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'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

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Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat