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.

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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
Chief inspector of GPs: ‘Most doctors don’t really know what bad practice can be like for patients’

Steve Field: ‘Most doctors don’t really know what bad practice can be like for patients’

The man charged with inspecting doctors explains why he may not be welcome in every surgery
Stolen youth: Younger blood can reverse many of the effects of ageing

Stolen youth

Younger blood can reverse many of the effects of ageing
Bob Willoughby: Hollywood's first behind the scenes photographer

Bob Willoughby: The reel deal

He was the photographer who brought documentary photojournalism to Hollywood, changing the way film stars would be portrayed for ever
Hollywood heavyweights produce world's most expensive corporate video - for Macau casino

Hollywood heavyweights produce world's most expensive corporate video - for Macau casino

Scorsese in the director's chair with De Niro, DiCaprio and Pitt to star
Angelina Jolie's wedding dress: made by Versace, designed by her children

Made by Versace, designed by her children

Angelina Jolie's wedding dressed revealed
Anyone for pulled chicken?

Pulling chicks

Pulled pork has gone from being a US barbecue secret to a regular on supermarket shelves. Now KFC is trying to tempt us with a chicken version
9 best steam generator irons

9 best steam generator irons

To get through your ironing as swiftly as possible, invest in one of these efficient gadgets
England v Norway: Wayne Rooney admits England must ‘put on a show’ to regain faith

Rooney admits England must ‘put on a show’ to regain faith

New captain vows side will deliver for small Wembley crowd
‘We knew he was something special:’ Radamel Falcao's journey from teenage debutant to Manchester United's star signing

‘We knew he was something special’

Radamel Falcao's journey from teenage debutant to Manchester United's star signing
'I’ll tell you what I would not serve - lamb and potatoes': US ambassador hits out at stodgy British food served at diplomatic dinners

'I’ll tell you what I would not serve - lamb and potatoes'

US ambassador hits out at stodgy British food
Radio Times female powerlist: A 'revolution' in TV gender roles

A 'revolution' in TV gender roles

Inside the Radio Times female powerlist
Endgame: James Frey's literary treasure hunt

James Frey's literary treasure hunt

Riddling trilogy could net you $3m
Fitbit: Because the tingle feels so good

Fitbit: Because the tingle feels so good

What David Sedaris learnt about the world from his fitness tracker
Saudis risk new Muslim division with proposal to move Mohamed’s tomb

Saudis risk new Muslim division with proposal to move Mohamed’s tomb

Second-holiest site in Islam attracts millions of pilgrims each year
Alexander Fury: The designer names to look for at fashion week this season

The big names to look for this fashion week

This week, designers begin to show their spring 2015 collections in New York