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

New share windfalls for Goldman Sachs partners

London staff compensated for last year's bonus tax restraint

Market Report: Bellway builds on hopes of housing sector gains

Housing stocks drew interest last night, with Bellway firming on the view that, notwithstanding the risk of further house price falls, there were still gains to be made in the sector.

Lucerne Festival comes to the big screen

London's Odeon Covent Garden may not be as idyllic as the lakeside setting of the Lucerne Festival in Switzerland. But classical music lovers can catch the final concert in its summer festival with conductor Gustavo Dudamel and the Vienna Philharmonic broadcast in a handful of cinemas in the UK, on Saturday at 5.30pm.

Market Report: Whitehall vow to honour contracts boosts Logica

Outsourcers were in favour, with Logica climbing higher, as fears of cutbacks and delays to Government contracts began to fade last night.

Market Report: Aveva wobbles amid valuation concerns

Valuation concerns weighed on Aveva last night, with the bears moving in on worries that the software group's shares could be discounting too much in the way of earnings upgrades.

Does Bob Diamond have polish for top job?

Barclays thinks so and has appointed the prickly investment banker as its new chief executive

SocGen fined £1.5m for poor reporting

The City watchdog has handed Société Générale, the victim of France's largest ever rogue trading scandal two years ago, a fine of £1.5m after it failed to accurately report millions of trades.

French bank fined £1.6 million for reporting failures

The City regulator today slapped a £1.6 million fine on the London branch of investment bank Societe Generale after systematic financial reporting failures over more than two years.

Barclays' bankers share £1.7bn bonus pool as profits surge ahead

Barclays set aside a £1.7bn bonus pool for its staff in the first half of the year as profits surged to £3.9bn. The bonus pool will be benefit 150,000 staff, but the lion's share will go to Bob Diamond's investment bankers at Barclays Capital.

German police raid Credit Suisse as part of tax inquiry

German police yesterday launched raids on several offices of Credit Suisse as part of an investigation into whether staff at the Swiss bank helped clients evade taxes.

Aon's purchase of Hewitt creates human resources giant

Aon, the world's largest insurance brokerage, is to buy Hewitt Associates for $4.9bn (£3.3bn) in cash and stock to create the world's largest human resources company.

Credit Suisse faces tough competition

Credit Suisse has been warned it will not be guaranteed the mandate to advise Santander on a possible flotation of its UK business.

'A shambles and a Disgrace' – The Pru reaps the whirlwind

But insurer's chairman says 'no reason' for directors to quit after blowing £450m on failed AIA deal. James Moore reports

Market Report: ICAP gains ground as market continues to slide

The market rally came to an end last night, with the FTSE 100 sliding as sovereign debt fears resurfaced, but ICAP stood firm as traders eyed the upside of the recent spike in volatility.

Arts and Entertainment
Jeremy Clarkson has rejected criticisms of his language, according to BBC director of television Danny Cohen
A polar bear’s diet is rich in seal blubber and half of its own body weight is composed of fat
Life and Style
fashion David Beckham fronts adverts for his underwear collection
Flocking round: Beyoncé, Madame Tussauds' latest waxwork, looking fierce in the park
travelIn a digital age when we have more access than ever to the stars, why are waxworks still pulling in crowds?
Arts and Entertainment
Arts and Entertainment
Judi Dench appeared at the Hay Festival to perform excerpts from Shakespearean plays
tvJudi Dench and Hugh Bonneville join Benedict Cumberbatch in BBC Shakespeare adaptations
Is this how Mario Balotelli will cruise into Liverpool?
Ronahi Serhat, a PKK fighter, in the Qandil Mountains in Iraqi Kurdistan
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
Air strikes? Talk of God? Obama is following the jihadists’ script

Air strikes? Talk of God? Obama is following the jihadists’ script

The President came the nearest he has come yet to rivalling George W Bush’s gormless reaction to 9/11 , says Robert Fisk
Ebola outbreak: Billy Graham’s son declares righteous war on the virus

Billy Graham’s son declares righteous war on Ebola

A Christian charity’s efforts to save missionaries trapped in Africa by the crisis have been justifiably praised. But doubts remain about its evangelical motives
Jeremy Clarkson 'does not see a problem' with his racist language on Top Gear, says BBC

Not even Jeremy Clarkson is bigger than the BBC, says TV boss

Corporation’s head of television confirms ‘Top Gear’ host was warned about racist language
Nick Clegg the movie: Channel 4 to air Coalition drama showing Lib Dem leader's rise

Nick Clegg the movie

Channel 4 to air Coalition drama showing Lib Dem leader's rise
Philip Larkin: Misogynist, racist, miserable? Or caring, playful man who lived for others?

Philip Larkin: What will survive of him?

Larkin's reputation has taken a knocking. But a new book by James Booth argues that the poet was affectionate, witty, entertaining and kind, as hitherto unseen letters, sketches and 'selfies' reveal
Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?

Waxing lyrical

Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?
Texas forensic astronomer finally pinpoints the exact birth of impressionism

Revealed (to the minute)

The precise time when impressionism was born
From slow-roasted to sugar-cured: how to make the most of the British tomato season

Make the most of British tomatoes

The British crop is at its tastiest and most abundant. Sudi Pigott shares her favourite recipes
10 best men's skincare products

Face it: 10 best men's skincare products

Oscar Quine cleanses, tones and moisturises to find skin-savers blokes will be proud to display on the bathroom shelf
Malky Mackay allegations: Malky Mackay, Iain Moody and another grim day for English football

Mackay, Moody and another grim day for English football

The latest shocking claims do nothing to dispel the image that some in the game on these shores exist in a time warp, laments Sam Wallace
La Liga analysis: Will Barcelona's hopes go out of the window?

Will Barcelona's hopes go out of the window?

Pete Jenson starts his preview of the Spanish season, which begins on Saturday, by explaining how Fifa’s transfer ban will affect the Catalans
Middle East crisis: We know all too much about the cruelty of Isis – but all too little about who they are

We know all too much about the cruelty of Isis – but all too little about who they are

Now Obama has seen the next US reporter to be threatened with beheading, will he blink, asks Robert Fisk
Neanderthals lived alongside humans for centuries, latest study shows

Final resting place of our Neanderthal neighbours revealed

Bones dated to 40,000 years ago show species may have died out in Belgium species co-existed
Scottish independence: The new Scots who hold fate of the UK in their hands

The new Scots who hold fate of the UK in their hands

Scotland’s immigrants are as passionate about the future of their adopted nation as anyone else
Britain's ugliest buildings: Which monstrosities should be nominated for the Dead Prize?

Blight club: Britain's ugliest buildings

Following the architect Cameron Sinclair's introduction of the Dead Prize, an award for ugly buildings, John Rentoul reflects on some of the biggest blots on the UK landscape