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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Day In a Page

Sepp Blatter resignation: The beginning of Fifa's long road to reform?

Does Blatter's departure mean Fifa will automatically clean up its act?

Don't bet on it, says Tom Peck
Charles Kennedy: The baby of the House who grew into a Lib Dem giant

The baby of the House who grew into a Lib Dem giant

Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
Syria civil war: The harrowing testament of a five-year-old victim of this endless conflict

The harrowing testament of a five-year-old victim of Syria's endless civil war

Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
The future of songwriting: How streaming is changing everything we know about making music

The future of songwriting

How streaming is changing everything we know about making music
William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

Recognition at last

Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
Beating obesity: The new pacemaker which helps over-eaters

Beating obesity

The new pacemaker which helps over-eaters
9 best women's festival waterproofs

Ready for rain: 9 best women's festival waterproofs

These are the macs to keep your denim dry and your hair frizz-free(ish)
On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?
Big knickers are back: Thongs ain't what they used to be

Thongs ain't what they used to be

Big knickers are back
Thurston Moore interview

Thurston Moore interview

On living in London, Sonic Youth and musical memoirs
In full bloom

In full bloom

Floral print womenswear
From leading man to Elephant Man, Bradley Cooper is terrific

From leading man to Elephant Man

Bradley Cooper is terrific
In this the person to restore our trust in the banks?

In this the person to restore our trust in the banks?

Dame Colette Bowe - interview