Money

Cautious investors should wait before they dive into this latest bond sector

New fears for pound after UK's credit rating drops

Sterling is expected to come under pressure tomorrow following the loss of Britain's gold-plated AAA credit rating.

BP still feeling heat from Gulf explosion as profits plunge

Nearly three years on, the Gulf of Mexico oil spill continues to dominate BP’s agenda.

Oil is burned off the surface of the water near the source of the Deepwater Horizon spill in the Gulf of Mexico off the coast of Louisiana, in 2010

BP to pay $4.5bn fine for Gulf of Mexico oil spill

BP has agreed to pay $4.5 billion in penalties and plead guilty to 14 counts of criminal misconduct over the Deepwater Horizon oil spill in the Gulf of Mexico two years ago.

Barack Obama election victory market boost short-lived

The euphoria surrounding president Barack Obama's re-election proved to be short-lived today as investors' focus switched to the approaching “fiscal cliff” in the US.

Simon Calder's Holiday Helpdesk: Can I use US dollars in Hong Kong?

Every day our travel guru answers your travel questions

Police clash with protesters in Iran as currency continues to plunge

Ahmadinejad could face increasing domestic attacks before elections

Ahmadinejad is called to account after rial falls to record low

Iran's parliament has summoned President Mahmoud Ahmadinejad to answer questions about the national currency going into free-fall after Western sanctions over the country's nuclear programme.

Ai Weiwei designed the Serpentine Gallery Pavilion in Hyde Park

Chinese government moves to close dissident artist Ai Weiwei's design company

Chinese authorities are revoking the business licence of a design company associated with famed dissident artist Ai Weiwei.

Market value of Britain’s second largest bank Standard Chartered falls by a quarter after Iranian money laundering allegations

The market value of Britain’s second largest bank fell by almost quarter today after it was accused by US regulators of laundering $250bn from Iran and behaving like a “rogue institution”.

Dramatic storm clouds at the end of the rainy season in Hwange National Park

Trail of the unexpected: New dawn for Zimbabwe

On a return visit, Sue Watt finds a captivating country poised to welcome tourists again.

JP Morgan botched bets lose £3.7bn

The losses racked up by disastrous trades at the London office of America's biggest bank nearly trebled to £3.7 billion, it emerged today.

Pound slumps against US dollar

Holidaymakers may be getting good rates on their euro but the pound has slumped against the dollar.

HSBC cost savings gather pace

Banking giant HSBC has made 1.2 billion US dollars (£741 million) in cost savings in the last year as it cuts thousands of jobs worldwide, including the UK.

Conrad Black released from prison

Former media mogul Conrad Black was released from a federal prison in Miami today after serving about three years for defrauding investors.

Former Nigerian governor jailed for £50 million fraud

The former governor of one of Nigeria's richest oil-producing states was jailed for 13 years today after admitting fraud totalling nearly £50 million.

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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
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Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
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On your feet!

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Reds baulk at Christian Benteke £32.5m release clause
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Bradley Cooper is terrific
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Dame Colette Bowe - interview
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'I forgive everyone, but I don't forget'

Fifa president Sepp Blatter issues defiant warning to opponents
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Weather warning

Extreme summer temperatures will soon cause deaths of up to 1,700 more Britons a year, says government report
LSD: Speaking to volunteer users of the drug as trials get underway to see if it cures depression and addiction

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German soldier who died fighting for UK in Battle of Waterloo should be removed from museum display and given dignified funeral, say historians

Saving Private Brandt

A Belgian museum's display of the skeleton of a soldier killed at Waterloo prompts calls for him to be given a dignified funeral