News China’s new President Xi Jinping

Relative of President Xi Jinping accused of being a director of an offshore company based in the British Virgin Islands

Rothschild stokes £1.5bn coal struggle

Nat Rothschild has gained the upper hand in his power struggle with the Indonesian Bakrie family, after side-lining their top adviser at Bumi Resources, the £1.5bn-valued coal-mining concern that they co-own.

James Moore: Swiss banking's veil of secrecy gets a welcome tug

Philipp Hildebrand is apparently a very good swimmer. Perhaps that's why he feels he can push on against what looks like an overwhelming tide flowing against him. The head of the Swiss National Bank (SNB) is facing calls to resign over currency transactions made by his wife Kashya.

Spanish practices are set to come to a hair salon near you

Being a former Credit Suisse banker might not be the most natural preparation for a job in the hairdressing business, but for two Spanish bankers now based in London it was a natural business decision.

The Week Ahead: Lloyds figures unlikelyto cheer their ailing boss

It has been a rather eventful run-up to Lloyds' latest set of figures. As well as the many twists and turns of the eurozone debt crisis drama, plus updates from its UK rivals Barclays and Royal Bank of Scotland, there was also the small matter of theannouncement last week that its chief executive, António Horta-Osório, is taking a temporary leave of absence.

Credit Suisse fined over 'unacceptable risk'

The UK arm of banking giant Credit Suisse has been fined £5.95 million by the City regulator for failing to sufficiently assess the risk a complex investment product posed to customers.

ITV pays Credit Suisse to take on the risk on its pension scheme

The broadcaster ITV yesterday sought to draw a line under the rapidly rising cost to its underfunded final salary pension scheme of people living longer by paying Credit Suisse to take on the risk.

David Prosser: Putting a cap on the cost of pensions both present and future

Outlook: If you retired a decade ago, the chances are you will live for three years longer than your employer had expected to have to pay you a pension

Barratt in talks to sell shared equity home loans portfolio

Barratt Developments yesterday confirmed it was in talks to sell off part of its portfolio of "shared equity" loans.

Market Report: US bid talk returns as ITV pushes ahead

Market gossips looking for the next prime time takeover deal switched once again on to ITV last night, as reheated rumours of interest from across the Atlantic pushed the broadcaster up.

Credit Suisse axes 2,000 as profits slump

The jobs cull continued in the banking sector yesterday as Credit Suisse announced it would cut 2,000 positions and reports surfaced that HSBC was planning to announce thousands of redundancies.

Poor UK sales pull down Carphone

Carphone Warehouse suffered more bad news in the UK as it revealed that its domestic performance had dragged down its European sales.

In a busy City week, Reckitt is set to declare a slowdown

Reckitt Benckiser, owner of Durex and Nurofen, kicks off a busy week in the City tomorrow, with interim results also due from FTSE 100 giants BP and GlaxoSmithKline.

US inquiry into Credit Suisse over tax evasion

Credit Suisse revealed yesterday that it had been drawn into US investigations of tax evasion that has already cost its rival UBS $780m (£483m).

HitecVision set to raise 1.5bn euros

HitecVision, the oil and gas private-equity group, is preparing to raise a 1.5bn euro fund for its next round of investments.

Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Ukraine crisis: The phoney war is over as Russian troops and armour pour across the border

The phoney war is over

Russian troops and armour pour into Ukraine
Potatoes could be off the menu as crop pests threaten UK

Potatoes could be off the menu as crop pests threaten UK

The world’s entire food system is under attack - and Britain is most at risk, according to a new study
Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Gangnam smile: why the Chinese are flocking to South Korea to buy a new face

Seoul's plastic surgery industry is booming thanks to the popularity of the K-Pop look
Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years

Salomé: A head for seduction

Salomé's feminine wiles have inspired writers, painters and musicians for 2,000 years. Now audiences can meet the Biblical femme fatale in two new stage and screen projects
From Bram Stoker to Stanley Kubrick, the British Library's latest exhibition celebrates all things Gothic

British Library celebrates all things Gothic

Forthcoming exhibition Terror and Wonder: The Gothic Imagination will be the UK's largest ever celebration of Gothic literature
The Hard Rock Café's owners are embroiled in a bitter legal dispute - but is the restaurant chain worth fighting for?

Is the Hard Rock Café worth fighting for?

The restaurant chain's owners are currently embroiled in a bitter legal dispute
Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival

In search of Caribbean soul food

Caribbean cuisine is becoming increasingly popular in the UK ... and there's more to it than jerk chicken at carnival
11 best face powders

11 best face powders

Sweep away shiny skin with our pick of the best pressed and loose powder bases
England vs Norway: Roy Hodgson's hands tied by exploding top flight

Roy Hodgson's hands tied by exploding top flight

Lack of Englishmen at leading Premier League clubs leaves manager hamstrung
Angel Di Maria and Cristiano Ronaldo: A tale of two Manchester United No 7s

Di Maria and Ronaldo: A tale of two Manchester United No 7s

They both inherited the iconic shirt at Old Trafford, but the £59.7m new boy is joining a club in a very different state
Israel-Gaza conflict: No victory for Israel despite weeks of death and devastation

Robert Fisk: No victory for Israel despite weeks of devastation

Palestinians have won: they are still in Gaza, and Hamas is still there
Mary Beard writes character reference for Twitter troll who called her a 'slut'

Unlikely friends: Mary Beard and the troll who called her a ‘filthy old slut’

The Cambridge University classicist even wrote the student a character reference
America’s new apartheid: Prosperous white districts are choosing to break away from black cities and go it alone

America’s new apartheid

Prosperous white districts are choosing to break away from black cities and go it alone
Amazon is buying Twitch for £600m - but why do people want to watch others playing Xbox?

What is the appeal of Twitch?

Amazon is buying the video-game-themed online streaming site for £600m - but why do people want to watch others playing Xbox?
Tip-tapping typewriters, ripe pongs and slides in the office: Bosses are inventing surprising ways of making us work harder

How bosses are making us work harder

As it is revealed that one newspaper office pumps out the sound of typewriters to increase productivity, Gillian Orr explores the other devices designed to motivate staff