Money

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

Virgin Galactic achieve first solo glide flight

Virgin Galactic's space tourism rocket SpaceShipTwo achieved its first solo glide flight, marking another step in the company's eventual plans to fly paying passengers.

Stephen King: Will Europe's debt crisis lead to closer political union?

At the beginning of the year, Ireland was the poster child for the merchants of austerity. While the people of Greece seemed either unable or unwilling to accept massive cuts in public spending, the Irish stoically accepted their fate, resigned to a prolonged period of self-flagellation.

Japan steps in to weaken the yen for first time in six years

Japan has poured more than 1 trillion yen into the foreign exchange markets to pull down the value of its currency, whose strength has threatened to undermine the country's economy.

Over-supply of bananas hits Fyffes

A banana glut and rising costs reduced first-half profits at Fyffes, the tropical fruits distributor.

Fine is imposed after Whale killed trainer

The US federal job safety agency fined SeaWorld Orlando 75,000 US dollars for three violations uncovered while investigating the February death of a trainer who was grabbed by a killer whale and dragged underwater.

'Static Kill' operation a success, says BP

BP said today that its "static kill" operation to begin permanently shutting off the Gulf of Mexico oil well had been a success.

New BP chief executive in recovery pledge

BP's new chief executive today pledged to put the oil giant "on the road to recovery" as it reeled under a 32.2 billion US dollar (£20.8 billion) blow from the Gulf of Mexico disaster.

US companies go head to head in battle to buy Scott Wilson

The American engineering company CHM Hill confirmed an offer for its UK peer, Scott Wilson, after making an audacious attempt to block a bid from a US rival.

BP boss hands over control of Gulf crisis

Under-fire BP boss Tony Hayward today handed over day-to-day control of the Gulf of Mexico crisis as the oil giant set up a new division to manage the spill.

Beleaguered BP chief pulls out of conference

Environmental protesters disrupted an oil industry conference today but failed in their efforts to ambush BP's under-fire chief executive Tony Hayward.

China relaxes yuan rate stance

China has signalled that it may adopt a more flexible exchange rate for its currency, ending its two-year policy of pegging the yuan to the US dollar.

Prudential left with £450m bill as AIA deal collapses

Insurer Prudential was left with a £450 million bill today after its £24 billion Asian adventure came to a humiliating end.

M&S puts aside extra £800m to try to close £1.3bn pension deficit

Marks and Spencer has agreed a pension funding package worth £800m in an attempt to close the scheme's deficit. The group's defined benefit scheme, which has 123,000 members, faced a £1.3bn shortfall when its last valuation was carried out at the end of March last year. In order to close this, M&S has agreed to pay in an additional £376m between now and 2018.

FSA talks delay Prudential cash call

Insurance giant Prudential today suffered a setback in its launch of a record 21 billion US dollar (£13.8 billion) fundraising and mammoth Asian takeover.

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Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

How to stop an asteroid hitting Earth

Would people cooperate to face a global peril?
Just one day to find €1.6bn: Greece edges nearer euro exit

One day to find €1.6bn

Greece is edging inexorably towards an exit from the euro
New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

'Iron Man' augmented reality technology could become reality

Holographic projections would provide extra information on objects in a person's visual field in real time
Sugary drinks 'are killing 184,000 adults around the world every year'

Sugary drinks are killing 184,000 adults around the world every year

The drinks that should be eliminated from people's diets
Pride of Place: Historians map out untold LGBT histories of locations throughout UK

Historians map out untold LGBT histories

Public are being asked to help improve the map
Lionel, Patti, Burt and The Who rock Glasto

Lionel, Patti, Burt and The Who rock Glasto

This was the year of 24-carat Golden Oldies
Paris Fashion Week

Paris Fashion Week

Thom Browne's scarecrows offer a rare beacon in commercial offerings
A year of the caliphate:

Isis, a year of the caliphate

Who can defeat the so-called 'Islamic State' – and how?
Marks and Spencer: Can a new team of designers put the spark back into the high-street brand?

Marks and Spencer

Can a new team of designers put the spark back into the high-street brand?
'We haven't invaded France': Italy's Prime Minister 'reclaims' Europe's highest peak

'We haven't invaded France'

Italy's Prime Minister 'reclaims' Europe's highest peak
Isis in Kobani: Why we ignore the worst of the massacres

Why do we ignore the worst of the massacres?

The West’s determination not to offend its Sunni allies helps Isis and puts us all at risk, says Patrick Cockburn
7/7 bombings 10 years on: Four emergency workers who saved lives recall the shocking day that 52 people were killed

Remembering 7/7 ten years on

Four emergency workers recall their memories of that day – and reveal how it's affected them ever since
Humans: Are the scientists developing robots in danger of replicating the hit Channel 4 drama?

They’re here to help

We want robots to do our drudge work, and to look enough like us for comfort. But are the scientists developing artificial intelligence in danger of replicating the TV drama Humans?
Time to lay these myths about the Deep South to rest

Time to lay these myths about the Deep South to rest

'Heritage' is a loaded word in the Dixie, but the Charleston killings show how dangerous it is to cling to a deadly past, says Rupert Cornwell
What exactly does 'one' mean? Court of Appeal passes judgement on thorny mathematical issue

What exactly does 'one' mean?

Court of Appeal passes judgement on thorny mathematical issue