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The newly forged iron ore-to-copper empire Glencore Xstrata was forced to slash the value of its assets by $8.5bn (£5.4bn) in the first set of results since the merger that created it.

Global commodities boom fuels record profits for BHP Billiton

BHP Billiton, the Anglo Australian mining giant, yesterday catapulted itself into the world's top 10 companies by earnings as the global commodities boom saw it post record profits.

Business Diary: Few reasons to party at Luminar

These are worrying times for shareholders in Luminar, the nightclubs operator, which is working on a recovery plan it hopes will appease the banks that agreed to waive its debt covenants earlier this year. A surprise change of auditor this week added to nervousness about the firm and now it has had to warn investors that they may be targeted by fraudsters. "It has come to our attention that some of our shareholders have received unsolicited phone calls from 'companies' offering to buy their shares for substantially more than current market value," Luminar warns. Don't take the bait, it warns – it's a classic boiler-room scam.

The Week Ahead: Glencore prepares to test market confidence

No matter how volatile the markets may have been, dropping a third of its share price in just three months after floating has not been seen as a success for Glencore International. The controversial commodities trader came to market in May in what was London's largest ever IPO before being fast-tracked into the FTSE 100, yet has only once finished a session above its 530p float price.

Fabergé: New business from an old shell

The famous name has been excavated by a mining magnate and given a fresh lease on its luxury life. Laura Chesters reports

BHP Billiton in new £7.5bn takeover

BHP billiton is buying Petrohawk Energy for $12.1bn (£7.5bn) cash – the mining giant's second major investment in US shale gas so far this year.

LSE humbled as it is forced to abandon TMX merger

Canadian borse fails to win over investors for deal with London Stock Exchange

Market Report: International hopes help WH Smith to advance

It may be a British institution, but WH Smith was being praised for its potential beyond these shores last night as the high-street stalwart charged up the mid-tier index.

BHP's Jordaan is IFM's new chief

International Ferro Metals has appointed former BHP Billiton manager Christiaan Jordaan as its new chief executive, after it found a replacement for incumbent David Kovarsky earlier than expected.

The Week Ahead: Tesco's new boss to be focus at full-year results

As the new man in charge, Philip Clarke – who took over the reins from Sir Terry Leahy not much more than six weeks ago – will have all eyes on him tomorrow when Tesco announces its full-year results.

Market Report: Fears on advertising outlook push WPP back

As the blue-chip index crept back from a seven-week high, WPP was among those left in the red after fears were raised over the advertising slowdown seen by the broadcasters spreading to the agencies.

BHP in $4.75bn deal to enter US shale gas market

BHP Billiton has placed a big bet on the unconventional gas market by agreeing to purchase shale gas reserves from Chesapeake Energy in a $4.75bn (£2.9bn) deal.

David Prosser: Why the commodity bulls are getting back on their bikes

Outlook: There have been a handful of long-term bull runs for commodities over the past two centuries, with average durations of around 20 years

The Business On: Marius Kloppers, Chief executive, BHP Billiton

Ah, the spy who came in from the cold?

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Prices correct as of 17 April 2015
Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

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Miliband promises no stamp duty for first-time buyers as he pushes Tories on housing

Miliband promises no stamp duty for first-time buyers

Labour leader pushes Tories on housing
Aviation history is littered with grand failures - from the the Bristol Brabazon to Concorde - but what went wrong with the SuperJumbo?

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Fortress Europe?

Fear of Putin, Islamists and immigration is giving rise to a new generation of 'iron curtains'
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Never mind what you're wearing

It's what you're reclining on that matters
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

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The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

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Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

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The real-life kingdom of Westeros

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How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
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Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
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Imagine if the leading political parties were fashion labels

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Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence