News Thomas Perkins, who is thought to be worth around $8bn, made the startling comparison in a letter to The Wall Street Journal

Billionaire venture capitalist admits Kristallnacht was a "terrible word" to use but defends war on the rich remarks

Corn prices soar as heat hits crops

A heatwave across southern Europe has seriously damaged corn crops in a region that accounts for nearly a fifth of the world's production, triggering warnings that British shoppers could face soaring bills and the economy may be hit by inflationary pressures.

green business

UK investment in clean energy more than doubled in the second quarter to a three-year high of $3.6bn (£2.3bn) helped by a giant windfarm five miles off the east coast from Skegness.

UK powers ahead with clean energy investment

UK investment in clean energy more than doubled in the second quarter to a three-year high of $3.6bn (£2.3bn) helped by a giant wind farm five miles off the east coast of Skegness.

New York Mayor Michael Bloomberg and a floor-plan of the 300ft apartment

Micro-living may offer an answer to the challenges of the future

If an Englishman's home is his castle, then a New Yorker's apartment will soon be his rabbit hutch. Housing in a city already renowned for cheek-by-jowl living may become smaller still after the Mayor, Michael Bloomberg, announced a pilot project this week not for flats but "micro-units". The apartments, proposed for a block in the Kips Bay area of Manhattan, will offer as little as 275sq ft (26sq metres). You could fit 10 such flats on a tennis court, each of which would be the size of two small caravans – or five prison cells.

Conservator Richard Horton cleans the Bersey Cab, London's first electric taxi

Will Dean's Ideas Factory: The electric taxi of the future… from 1897

It might take a brave passenger to ask a cabbie their thoughts on driverless taxi cars. Can a robot ever compete with a black-cab driver's knowledge of The Knowledge? Perhaps. But the idea of futuristic taxis is something that precedes not just the 21st century, but the 20th too, as a new exhibition at London's Science Museum called Climate Changing Stories explains.

Xi Jinping: The president-in-waiting has built his reputation on tackling corruption

Family of China's next president said to have assets worth billions

Bloomberg websites blocked after agency publishes dossier of financial holdings

Invensys refuses to issue statement over share rise head in here head in here

The historic engineering group Invensys last night controversially refused to issue a statement to the Stock Exchange despite a 27 per cent share price rise following reports it could be taken over by Emerson Electric of the US.

Invensys stays silent as shares soar amid bid rumours

Company refuses to issue statement after reports of possible US takeover

Foreigners price hedge funds out of Mayfair

Hedge funds are being priced out of their favoured London homes in Mayfair and St James's as wealthy foreign buyers snap up properties and landlords ramp up rents to levels even the financial elite cannot afford.

Stephen Foley: Why Americans have got themselves in a froth over super-sized soft drinks

US Outlook The image of the sedentary, pop-swilling American is more than a stereotype; one in three people here is obese, and the numbers are going up, along with the incidences of chronic disease, such as diabetes, that disproportionately afflict the overweight. There are many causes, inevitably, but one villain in particular is in the sights of government: the fizzy drinks industry.

New York proposes ban on sale of oversized fizzy drinks

New York City's mayor is proposing an unprecedented ban on the sale of large fizzy drinks and other sugary drinks in the hopes of combating obesity — an expansion of efforts to encourage healthy behavior that have led to shouts that America's largest city is becoming a "nanny state."

Lennart Johansson lost the vote for the Fifa presidency in 1998

Rival: Bought votes let Blatter win

The man beaten to the Fifa presidency by Sepp Blatter in 1998 believes his election hopes may have been damaged by vote-buying.

Governments need to tap markets for $8trn this year

The world's sovereign bond markets face a monumental test in 2012 as the largest economies attempt to roll over a combined total of $7.6 trillion (£4.9trn) in debt.

World's governments seek to raise $7.6 trillion in 2012

Bond markets to be asked to fund vast levels of sovereign borrowing this year

BP sues cement firm Halliburton over spill costs

Oil giant BP has fired the latest shots in a legal battle over the Deepwater Horizon catastrophe, claiming contractor Halliburton should pay all of its billions of pounds of costs.

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Prince Charles' 'black spider' letters to be published 'within weeks'

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Dark matter study gives scientists insight into mystery of space
The Swedes are adding a gender-neutral pronoun to their dictionary

Swedes introduce gender-neutral pronoun

Why, asks Simon Usborne, must English still struggle awkwardly with the likes of 's/he' and 'they'?
Disney's mega money-making formula: 'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan

Disney's mega money-making formula

'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan
Lobster has gone mainstream with supermarket bargains for £10 or less - but is it any good?

Lobster has gone mainstream

Anthea Gerrie, raised on meaty specimens from the waters around Maine, reveals how to cook up an affordable feast
Easter 2015: 14 best decorations

14 best Easter decorations

Get into the Easter spirit with our pick of accessories, ornaments and tableware
Paul Scholes column: Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season

Paul Scholes column

Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season
Inside the Kansas greenhouses where Monsanto is 'playing God' with the future of the planet

The future of GM

The greenhouses where Monsanto 'plays God' with the future of the planet
Britain's mild winters could be numbered: why global warming is leaving UK chillier

Britain's mild winters could be numbered

Gulf Stream is slowing down faster than ever, scientists say
Government gives £250,000 to Independent appeal

Government gives £250,000 to Independent appeal

Donation brings total raised by Homeless Veterans campaign to at least £1.25m
Oh dear, the most borrowed book at Bank of England library doesn't inspire confidence

The most borrowed book at Bank of England library? Oh dear

The book's fifth edition is used for Edexcel exams
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Cowslips vs honeysuckle

It's the hunt for UK’s favourite wildflower
Child abuse scandal: Did a botched blackmail attempt by South African intelligence help Cyril Smith escape justice?

Did a botched blackmail attempt help Cyril Smith escape justice?

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