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Shell saves $600m on gas deal with Repsol

Royal Dutch Shell has saved $600m (£362m) on a deal to buy rival Repsol’s liquefied natural gas assets in Trinidad, Peru and Spain. The supermajor had agreed to buy the portfolio for $4.4bn last February, but will now only be spending $3.8bn on Repsol’s LNG work outside of North America.

Fools will follow the famous names

The sixth of our extracts from Motley Fool, the best-selling investment guide

General Re pays pounds 100m for DP Mann

GENERAL RE, the giant US reinsurer being taken over by Berkshire Hathaway, Warren Buffett's (pictured) investment firm, has agreed to buy DP Mann Holdings, a UK insurer, for around pounds 100m.

Eddie faces some tough choices

IF A week is a long time in politics, the last month must seem like an age to the Bank of England's Monetary Policy Committee (MPC). The monetary nine are back from their hols and the world looks a very different place from the way it did when they last met at the beginning of August.

Wells Fargo and Norwest announce pounds 21bn merger

TWO MORE US banks have announced plans to tie the knot, the fourth multi-billion-pound deal in the industry since April.

Personal Finance: Follow the sage and invest in another hobby

The Jonathan Davis column

Biggest isn't best, warns the Sage of Omaha

WARREN Buffett, America's second-richest man and arguably the world's most successful investor, is sceptical about the recent wave of mega mergers between banks and brokers, even though he owns shares in one of the groups affected.

The Midas of middle America finds silver lining in the markets

IN THE NEWS; WARREN BUFFETT

Guru's U-turn keeps market on the alert

WARREN BUFFETT, the legendary US investor who warned last year that American stock prices were too high, appears to have changed his mind and is now saying the market rally has been justified because of low interest rates and the "remarkable" equity returns achieved by companies.

Personal Finance: Follow Buffett into bonds

What a week! New high ground for the stock market. Not just here - but in America, too. It makes you wonder what all the panic was about when Asia was falling about our ears last year.

Buffett polishes the silver

Scott Schnipper and Martin Howell on the metal's return to favour

Buffett caught up in silver price row

Warren Buffett, arguably the world's most famous investor, was plunged into controversy last night after it emerged that a commodity trader which is fighting allegations of manipulation of the silver market brokered deals for the US billionaire.

Business Outlook: Sage of Omaha gets a bit of the Bunker mentality

Warren Buffett makes an unlikely Nelson Bunker Hunt, the last man who tried to corner the silver market. Even so, the Sage of Ohmaha's disclosure that he has amassed 20 per cent of the world's supplies of the Cinderella metal had a predictably electrifying effect yesterday. The London silver price fix was set at its highest level in nearly a decade after shooting through $7 an ounce on the back of overnight Far East trading. As sure as night follows day, copycat buyers will be lured into the market on the basis that what's good for Berkshire Hathaway must be good for them.

Salomon traders sweat

Analysts expect merger to cost up to 1,500 jobs. David Usborne reports from New York

Warren Buffett has never had a bad year, so when he sells it is time to watch out

The Jonathan Davis Column Reports this week that the famous American investor Warren Buffett has been selling some of his shares and has been buying $10bn of zero coupon bonds instead are the kind of development that every investor ought to stop and ponder hard.

Take an interest in catastrophe

The next earthquake to hit California could send shock waves through the portfolios of bond investors, if a new kind of investment known as catastrophe bonds catches on.
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Where the spooks get their coffee fix: The busiest Starbucks in the US is also the most secretive

The secret CIA Starbucks

The coffee shop is deep inside the agency's forested Virginia compound
Revealed: How the Establishment closed ranks over fallout from Loch Ness Monster 'sighting'

How the Establishment closed ranks over fallout from Nessie 'sighting'

The Natural History Museum's chief scientist was dismissed for declaring he had found the monster
One million Britons using food banks, according to Trussell Trust

One million Britons using food banks

Huge surge in number of families dependent on emergency food aid
Excavation at Italian cafe to fix rising damp unearths 2,500 years of history in 3,000 amazing objects

2,500 years of history in 3,000 amazing objects

Excavation at Italian cafe to fix rising damp unearths trove
The Hubble Space Telescope's amazing journey, 25 years on

The Hubble Space Telescope's amazing journey 25 years on

The space telescope was seen as a costly flop on its first release
Did Conservative peer Lord Ashcroft quit the House of Lords to become a non-dom?

Did Lord Ashcroft quit the House of Lords to become a non-dom?

A document seen by The Independent shows that a week after he resigned from the Lords he sold 350,000 shares in an American company - netting him $11.2m
Apple's ethnic emojis are being used to make racist comments on social media

Ethnic emojis used in racist comments

They were intended to promote harmony, but have achieved the opposite
Sir Kenneth Branagh interview: 'My bones are in the theatre'

Sir Kenneth Branagh: 'My bones are in the theatre'

The actor-turned-director’s new company will stage five plays from October – including works by Shakespeare and John Osborne
The sloth is now the face (and furry body) of three big advertising campaigns

The sloth is the face of three ad campaigns

Priya Elan discovers why slow and sleepy wins the race for brands in need of a new image
How to run a restaurant: As two newbies discovered, there's more to it than good food

How to run a restaurant

As two newbies discovered, there's more to it than good food
Record Store Day: Remembering an era when buying and selling discs were labours of love

Record Store Day: The vinyl countdown

For Lois Pryce, working in a record shop was a dream job - until the bean counters ruined it
Usher, Mary J Blige and Will.i.am to give free concert as part of the Global Poverty Project

Mary J Blige and Will.i.am to give free concert

The concert in Washington is part of the Global Citizen project, which aims to encourage young people to donate to charity
10 best tote bags

Accessorise with a stylish shopper this spring: 10 best tote bags

We find carriers with room for all your essentials (and a bit more)
Paul Scholes column: I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England

Paul Scholes column

I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England
Jessica Ennis-Hill: 'I just want to give it my best shot'

Jessica Ennis-Hill: 'I just want to give it my best shot'

The heptathlete has gone from the toast of the nation to being a sleep-deprived mum - but she’s ready to compete again. She just doesn't know how well she'll do...