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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Independent Travel
Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
3.	Provence 6 nights B&B by train from £599pp
Prices correct as of 20 February 2015
Homeless Veterans campaign: Donations hit record-breaking £1m target after £300,000 gift from Lloyds Bank

Homeless Veterans campaign

Donations hit record-breaking £1m target after huge gift from Lloyds Bank
Flight MH370 a year on: Lost without a trace – but the search goes on

Lost without a trace

But, a year on, the search continues for Flight MH370
Germany's spymasters left red-faced after thieves break into brand new secret service HQ and steal taps

Germany's spy HQ springs a leak

Thieves break into new €1.5bn complex... to steal taps
International Women's Day 2015: Celebrating the whirlwind wit of Simone de Beauvoir

Whirlwind wit of Simone de Beauvoir

Simone de Beauvoir's seminal feminist polemic, 'The Second Sex', has been published in short-form for International Women's Day
Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Mark Zuckerberg’s hiring policy might suit him – but it wouldn’t work for me

Why would I want to employ someone I’d be happy to have as my boss, asks Simon Kelner
Confessions of a planespotter: With three Britons under arrest in the UAE, the perils have never been more apparent

Confessions of a planespotter

With three Britons under arrest in the UAE, the perils have never been more apparent. Sam Masters explains the appeal
Russia's gulag museum 'makes no mention' of Stalin's atrocities

Russia's gulag museum

Ministry of Culture-run site 'makes no mention' of Stalin's atrocities
The big fresh food con: Alarming truth behind the chocolate muffin that won't decay

The big fresh food con

Joanna Blythman reveals the alarming truth behind the chocolate muffin that won't decay
Virginia Ironside was my landlady: What is it like to live with an agony aunt on call 24/7?

Virginia Ironside was my landlady

Tim Willis reveals what it's like to live with an agony aunt on call 24/7
Paris Fashion Week 2015: The wit and wisdom of Manish Arora's exercise in high camp

Paris Fashion Week 2015

The wit and wisdom of Manish Arora's exercise in high camp
8 best workout DVDs

8 best workout DVDs

If your 'New Year new you' regime hasn’t lasted beyond February, why not try working out from home?
Paul Scholes column: I don't believe Jonny Evans was spitting at Papiss Cissé. It was a reflex. But what the Newcastle striker did next was horrible

Paul Scholes column

I don't believe Evans was spitting at Cissé. It was a reflex. But what the Newcastle striker did next was horrible
Miguel Layun interview: From the Azteca to Vicarage Road with a million followers

From the Azteca to Vicarage Road with a million followers

Miguel Layun is a star in Mexico where he was criticised for leaving to join Watford. But he says he sees the bigger picture
Frank Warren column: Amir Khan ready to meet winner of Floyd Mayweather v Manny Pacquiao

Khan ready to meet winner of Mayweather v Pacquiao

The Bolton fighter is unlikely to take on Kell Brook with two superstar opponents on the horizon, says Frank Warren
War with Isis: Iraq's government fights to win back Tikrit from militants - but then what?

Baghdad fights to win back Tikrit from Isis – but then what?

Patrick Cockburn reports from Kirkuk on a conflict which sectarianism has made intractable