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Jail-sentenced billionaire Mehmet Karamehmet is being sued for almost $10m (£6.6m) in the High Court over loans issued to Maltese shipping company Blue Shipping.

Jupiter staff to share pounds 500m

THE 300 staff at Jupiter, the Knightsbridge-based fund manager, are to receive windfalls totalling pounds 500m in the next few days.

Ayling declares BA has turned the corner despite 80% profits slump

BRITISH AIRWAYS declared yesterday that it had started to turn the corner despite reporting a drop of more than 80 per cent in profits for the second quarter - traditionally its most profitable period of the year.

Architecture: A river city is reborn

A bold scheme masterminded by Norman Foster and Terry Farrell is to regenerate the once great, now sadly run-down city of Hull. By Nonie Niesewand

BA warns of job cuts as profits dive by 80%

BRITISH AIRWAYS yesterday warned of job cuts and refused to rule out the possibility of falling into loss this year for the first time since privatisation 12 years ago.

Duty-free dies and chaos takes its place

WITH duty-free due to be abolished in the European Union from midnight on Wednesday, ferry companies face a difficult week as customs officials work down to the wire to hammer out details of the new regime.

Commerzbank buys Credit Lyonnais stake

GERMANY'S COMMERZBANK yesterday said that its management board agreed to accept the French government's offer of a 4 per cent stake in the planned privatisation of Credit Lyonnais.

Commerzbank to take stake in CL

GERMANY'S COMMERZBANK yesterday said that its management board had agreed to accept the French government's offer of a 4 per cent stake in the planned privatisation of Credit Lyonnais. Martin Kohlhaussen, Commerzbank's chief executive, said the two banks planned to co-operate on operations in France, Germany and internationally, with the possibility of pulling CL into Commerzbank's existing network.

Ashcroft homes in on Smith Square

City People

Investment: Sharewatch

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Focus: Sex sells, even in a deflating market

AN UNUSUAL crowd is sipping champagne on the 49th floor of the Commerzbank tower. Bankers in sober suits ogle the waitresses: leggy, under-dressed young things straight out of a men's magazine. In the middle of the melee , an elderly woman fixes her piercing blue eyes on the cameras, while the PR people work on the assembled journalists, each hack clutching a little gift package tied with a pink ribbon. "Share our sexy business," urges a poster at the entrance.

C&W to raise pounds 3.8bn on the back of One2One stake

CABLE & WIRELESS, the UK's second largest telecoms company, yesterday said it was raising pounds 3.8bn to give it extra financial muscle by effectively using its stake in One2One as collateral.
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Actress sees off speculation about her appearance in an amazing way

Arts and Entertainment
Serge Pizzorno of Kasabian and Noel Fielding backstage at the Teenage Cancer Trust concerts
musicKasabian and Noel Fielding attack 'boring' musicians
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videoWatch Lynda Bellingham's tragic final Loose Women appearance
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A view of today's Spanish papers
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The last great picture - Winner 'Black and White' and overall 'Wildlife Photographer of the Year'
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High notes, flat performance: Jake Bugg
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Review: Despite an uphill climb to see Jake Bugg in action, his performance is notably flat

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The Putin automaton will go on sale next month in Germany
videoMusical Putin toy showing him annexing Crimea could sell for millions
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Powerful images of strays taken moments before being put down

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Prices correct as of 17 October 2014
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?
Ed Sheeran hits back after being labelled too boring to headline festivals

'You need me, I don’t need you'

Ed Sheeran hits back after being labelled too boring to headline festivals
How to Get Away with Murder: Shonda Rhimes reinvents the legal drama

How to Get Away with Murder

Shonda Rhimes reinvents the legal drama
A cup of tea is every worker's right

Hard to swallow

Three hospitals in Leicester have banned their staff from drinking tea and coffee in public areas. Christopher Hirst explains why he thinks that a cuppa is every worker's right
Which animals are nearly extinct?

Which animals are nearly extinct?

Conservationists in Kenya are in mourning after the death of a white northern rhino, which has left the species with a single male. These are the other species on the brink
12 best children's shoes

Perfect for leaf-kicking: 12 best children's shoes

Find footwear perfect to keep kids' feet protected this autumn
Anderlecht vs Arsenal: Gunners' ray of light Aaron Ramsey shines again

Arsenal’s ray of light ready to shine again

Aaron Ramsey’s injury record has prompted a club investigation. For now, the midfielder is just happy to be fit to face Anderlecht in the Champions League
Comment: David Moyes' show of sensitivity thrown back in his face by former Manchester United manager Sir Alex Ferguson

Moyes’ show of sensitivity thrown back in his face... by Ferguson

Manchester United legend tramples on successor who resisted criticising his inheritance
Two super-sized ships have cruised into British waters, but how big can these behemoths get?

Super-sized ships: How big can they get?

Two of the largest vessels in the world cruised into UK waters last week
British doctors on brink of 'cure' for paralysis with spinal cord treatment

British doctors on brink of cure for paralysis

Sufferers can now be offered the possibility of cure thanks to a revolutionary implant of regenerative cells
Ranked seventh in world’s best tourist cities - not London, or Edinburgh, but Salisbury

Lonely Planet’s Best in Travel 2015

UK city beats Vienna, Paris and New York to be ranked seventh in world’s best tourist destinations - but it's not London