News

New chief Andrew Mackenzie confident BHP Billiton can achieve 16% growth in two years

Idris Khan, Victoria Miro, London

Mystery appeal in dark material

Peugeot RCZ

The new RCZ augurs well for the next generation of Peugeot hot hatchbacks

Vedanta kicks off breakup with $20bn aluminium float

Vedanta Resources, the India-based Ftse 100 miner, is ready to begin a massive break-up of its business with the demerger of its $20bn (£13bn) aluminium division.

Indian miner to list up to six spin-off firms

Vedanta Resources is plotting one of the biggest money-spinning corporate break-ups of a Ftse 100 company in years. The Agarwal family, which has a majority stake in the India-based miner, is considering a spin-off of several of its interests, resulting in five or six companies plus a parent. Vedanta would retain controlling interests in them all, but each would be separately listed.

Investment Column: Severn Trent may be a rare rose in winter

PZ Cussons; Porvair

Vedanta under scrutiny as 100 feared dead at aluminium plant

The safety policies of the London-listed mining giant Vedanta Resources are set to come under scrutiny after an accident at one of its sites in India killed as many as 100 people on Wednesday. The group has already been blacklisted by some investors over ethical and environmental concerns.

Deripaska snubs London over $30bn mining float

United Company Rusal, the Russian aluminium giant run by oligarch Oleg Deripaska, is planning to list in Hong Kong by December in a huge blow to the London Stock Exchange.

Rio Tinto posts big profit drop but pays down debt

Rio Tinto unveiled a record 64 per cent drop in first-half profits yesterday, saying it was "cautious" about the short-term outlook for commodities.

Oligarch challenges court ruling

Russian oligarch Oleg Deripaska today challenged a court ruling that a £2 billion-plus lawsuit launched against him by a former friend should be tried in England rather than Russia.

Clash of the oligarchs

A mysterious lunch date at the Lanesborough, the Russian mafia claims and the disputed £2bn debt

A breath of fresh air: The new Serpentine pavilion

Is it a silver cloud or a floating pool? Whatever it is, SANAA's new Serpentine pavilion will rocket them into the architectural big league, says Jay Merrick

BMW Z4

This obviously isn’t the best time to be launching a two seater roadster costing upwards of £28,645, but BMW seem confident enough about their new Z4 to predict a respectable sales figure of 3,500 units a year worldwide. Of those, a fairly hefty chunk may well come to the UK: We are the largest market for convertibles in Europe, despite our weather. Or perhaps that should be because of our weather, as we like to make the most of what little sunshine we enjoy. Even in a credit crunch.

Rio shareholder attacks Chinalco deal as watchdog extends probe

Mining company's senior executives accept pay freeze

Millionaire dead in double shooting named

Forensic examinations were under way today at the scene of a double shooting which left a millionaire businessman dead and his partner in hospital.

Michael Williams: Routemasters are just the ticket for hard times

Early in Ken Livingstone's reign as Mayor of London he famously said: "No one but a moron would get rid of the Routemaster." Eventually he had to eat his words as Douglas Scott's icon of the capital creaked to its 50th anniversary and the end of the road. Livingstone saved himself from entire humiliation by retaining two Routemaster tourist routes – No 9 and No 15 – which still ply their way between Harrods and the Tower of London.

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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Backhanders, bribery and abuses of power have soared in China as economy surges

Bribery and abuses of power soar in China

The bribery is fuelled by the surge in China's economy but the rules of corruption are subtle and unspoken, finds Evan Osnos, as he learns the dark arts from a master
Commonwealth Games 2014: Highland terriers stole the show at the opening ceremony

Highland terriers steal the show at opening ceremony

Gillian Orr explores why a dog loved by film stars and presidents is finally having its day
German art world rocked as artists use renowned fat sculpture to distil schnapps

Brewing the fat from artwork angers widow of sculptor

Part of Joseph Beuys' 1982 sculpture 'Fettecke' used to distil schnapps
BBC's The Secret History of Our Streets reveals a fascinating window into Britain's past

BBC takes viewers back down memory lane

The Secret History of Our Streets, which returns with three films looking at Scottish streets, is the inverse of Benefits Street - delivering warmth instead of cynicism
Joe, film review: Nicolas Cage delivers an astonishing performance in low budget drama

Nicolas Cage shines in low-budget drama Joe

Cage plays an ex-con in David Gordon Green's independent drama, which has been adapted from a novel by Larry Brown
How to make your own gourmet ice lollies, granitas, slushy cocktails and frozen yoghurt

Make your own ice lollies and frozen yoghurt

Think outside the cool box for this summer's tempting frozen treats
Ford Fiesta is UK's most popular car of all-time, with sales topping 4.1 million since 1976

Fiesta is UK's most popular car of all-time

Sales have topped 4.1 million since 1976. To celebrate this milestone, four Independent writers recall their Fiestas with pride
10 best reed diffusers

Heaven scent: 10 best reed diffusers

Keep your rooms smelling summery and fresh with one of these subtle but distinctive home fragrances that’ll last you months
Commonwealth Games 2014: Female boxers set to compete for first time

Female boxers set to compete at Commonwealth Games for first time

There’s no favourites and with no headguards anything could happen
Five things we’ve learned so far about Manchester United under Louis van Gaal

Five things we’ve learned so far about United under Van Gaal

It’s impossible to avoid the impression that the Dutch manager is playing to the gallery a little
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform