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

Business Diary: Channel Five set to relocate

The creative types at Channel Five wondered what the impact would be of Richard Desmond's purchase of the company.

Osborne rebukes Fox over Trident

George Osborne delivered a public reprimand yesterday to Liam Fox, the Defence Secretary, over his demands for special help in paying the £20bn bill to renew Trident. The Chancellor told his Cabinet colleague that the cost would have to be fully met from the Ministry of Defence's core budget.

Dewar to leave Financial Services Authority

Sally Dewar, the managing director of risk at the UK Financial Services Authority, will leave the regulator in May 2011, becoming the second senior official this year to announce plans to depart.

Business Diary: The sort of office company you could do without

We like the idea of BT's Remote Worker Awards – "to recognise employers for their flexible working solutions and employees for showing that remote and home-based working can improve business productivity" – particularly now Claire Young, the former Apprentice contestant, has been signed up as a judge. From what we remember of her time on the show, having Claire working remotely, rather than sitting right next to you, would be ideal.

Chaos as Johnson shows CCTV to New York mayor

Boris Johnson showed New York's Mayor how he keeps London's streets safe today - but found himself caught up in a security tangle.

Gold predicts Premier League 'oblivion'

West Ham co-owner David Gold claims England's top-flight clubs are "spiralling towards oblivion" and has called for spending limits for Premier League sides.

New York hoping to repay money to scammed taxi customers

Thousands of people ripped off in a widespread scam by New York taxi drivers who illegally doubled the rate of their rides could get some money back, but that is less likely to happen for those who paid with cash and didn't keep their receipts, the city said yesterday.

9/11 rescue workers win compensation settlement

After years of fighting in court, lawyers representing New York City, construction companies and more than 10,000 ground zero rescue and recovery workers agreed to a settlement that could pay up to $657.5m to responders made ill by dust from the destroyed World Trade Centre.

Russian economy falls by 7.9 per cent in 2009

The Russian economy endured its worst performance for 15 years in 2009, figures published by the Federal Statistics Service (FSS) showed today.

IDC in talks over possible sale

Pearson, the education and media group that owns the Financial Times, yesterday confirmed it is reviewing the future of Interactive Data Corporation (IDC), its majority-owned financial data subsidiary, suggesting it could be sold.

Heat of the kitchen proves too much for Ramsay

The chef reveals his plans to spend more time in front of the television cameras and even less time in his restaurant empire.

The truth is out there: 12/12/2009

A weekly look at the world

King of New York: Michael Bloomberg

The billionaire had to drop his ambitions to be US president, but will have to settle for a third term as mayor of America's largest city

How iPhone apps can help save and manage your cash

From comparing retail prices to monitoring energy use, it seems the iPhone has an application for everything. Well, almost. Chiara Cavaglieri reports

Leading article: The Swedish standard

For years the Big Mac has led a double life. It's been feeding hungry people around the world, and its price has been a new gold standard of a sort, by which the real value of currencies has been judged. We have The Economist magazine to thank for this ingenuity.

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Pompeii, Capri & the Bay of Naples
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Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
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