News The rise in the cost of groceries has contributed to the rise in people using food banks, such as this one in Poplar

The Government has been accused of protecting corporate profits at the expense of the world’s poorest people by trying to block European Union reforms to curb food speculation.

Trevor Reid leaves Xstrata with £5.5 million pay-off

Xstrata's chief financial officer, Trevor Reid, is quitting the mining giant with a £5.45m pay-off after announcing his resignation just two weeks after it finally sealed its £56bn mega-merger with commodities trader Glencore.

Xstrata finance chief Reid to quit after completion of Glencore mega-merger

Xstrata's chief financial officer, Trevor Reid, is quitting the mining giant with a £5.45m pay-off after announcing his resignation just two weeks after it finally sealed its £56bn mega-merger with commodities trader Glencore.

Electric pylons are shown linking the Hinkley Point Nuclear Power Station to the National Grid

Government accused of forcing consumers to subsidise some of Britain’s biggest corporations after Energy Bill is published

Big energy-intensive companies could be exempt from the extra costs of the switch to renewable energy

Glencore/Xstrata merger approved

A multibillion-pound merger to create a new natural resources powerhouse was approved by shareholders today - but without paying a controversial retention package to senior managers.

Bonus snag as Qatar backs Glencore and Xstrata deal

The proposed £56bn merger between Glencore and Xstrata was in effect sealed yesterday, but with a twist, as the key shareholder Qatar blessed it but failed to back a £140m package of retention bonuses.

George Entwistle
A popular choice as Director-General, the BBC careerist has been pitched into a news crisis that threatens his position.

Jimmy Savile affair: The key players

George Entwistle

Morgan Stanley beats forecasts

The US investment bank Morgan Stanley swung to a $1bn (£620m) loss over the third quarter – but beat market hopes with earnings that rose on the back of strong revenues from its bond-trading business.

Goldman beats forecasts to roar back to profit –and big bonuses

Goldman Sachs smashed Wall Street forecasts with its third-quarter figures yesterday.

Got time, as well as cash? Why not run your own pension?

An imposed workplace scheme is not the only option for retirement, as more low-cost Sipps come on to the market, reports Chiara Cavaglieri

Xstrata and Glencore agree deal for £56bn merger

After weeks of arguments involving numerous twists and turns, Xstrata and Glencore have finally agreed to proceed with a £56bn merger that would create a game-changing mining and commodities trading giant.

Green light at last for £56bn merger of mining giants

Glencore and Xstrata resolve key differences hours before deadline was due to expire

EU to vet £50bn mining merger

The battleground over the £50bn mining megamerger of Xstrata and Glencore is expected to move from the City to Europe tomorrow.

Market Report: City warms to Yule tidings of takeover

Rubber medical gloves aren't usually an item that gets the pulse racing of your average City trader, but last night chemical maker Yule Catto & Co did just that.

The Business Matrix: Monday 27 August 2012

Unicredit sucked into sanctions row

Business week in review

In profit...

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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
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Greece says 'No': A night of huge celebrations in Athens as voters decisively back Tsipras and his anti-austerity stance in historic referendum

Greece referendum

Greeks say 'No' to austerity and plunge Europe into crisis
Ten years after the 7/7 terror attacks, is Britain an altered state?

7/7 bombings anniversary

Ten years after the terror attacks, is Britain an altered state?
Beautiful evening dresses are some of the loveliest Donatella has created

Versace haute couture review

Beautiful evening dresses are some of the loveliest Donatella has ever created
No hope and no jobs, so Gaza's young risk their lives, climb the fence and run for it

No hope and no jobs in Gaza

So the young risk their lives and run for it
Fashion apps: Retailers roll together shopping and social networking for mobile customers

Fashion apps

Retailers roll together shopping and social networking for mobile customers
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate