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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Pompeii, Capri & the Bay of Naples
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Minoan Crete and Santorini
Prices correct as of 17 April 2015
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...