BP will receive a $250m (£161m) payment from Cameron International, a contractor on the Macondo well, in settlement of their dispute over liability for the Gulf of Mexico oil spill.

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Independent Crossword

Fresh Uighur clashes in China leave 11 dead

Police shot dead four people yesterday in the far north-west of China, bringing to 11 the death toll in a weekend of violence in one of the country's most troubled ethnic regions.

Shell seeks partner for Canadian gas exploration

Oil giant Shell is seeking a joint-venture partner for its Nikanassin gas play in the Chinook deep basin in Canada.

Land backs out-of-town sites to shine through the retail gloom

Land Securities has announced plans to step up retail developments despite the recent raft of negative news from the high street.

Financial firms have 'not learned' says FSA chief

Financial services firms have learned nothing about treating customers fairly in the last eight years, according to the man who regulates the industry – Hector Sants, chief executive of the City watchdog, the Financial Services Authority.

Alisher Usmanov increases Arsenal stake

Alisher Usmanov has increased his shareholding in Arsenal beyond the 29 per cent mark.

Land Securities to build on London office shortage

Land Securities signalled its intention to build more prime London offices yesterday to exploit the prospect of an "even more acute"-than-expected gap between supply and demand.

Mulberry's profit forecast up 16%

The luxury group Mulberry has raised profit forecasts for the third time in four months as the well heeled, both in the UK and overseas, snapped up its leather goods.

Virgin Media celebrates its first £1bn quarter

Virgin Media's chief executive Neil Berkett hailed a "year of great achievement" as it recorded its highest ever annual revenues and bust through the £1bn mark in one quarter for the first time.

Investment Column: Land Securities needs recovery to motor

JD Wetherspoon; Jupiter

The Hunter (15)

Starring: Rafi Pitts,Mitra Hajjar

Jonathan Burrows & Chrysa Parkinson, The Place, London

Choreographer Jonathan Burrows can spin small worlds out of very little – in his duets with composer Matteo Fargion, he's made intricate and appealing dances out of a few gestures and patter syllables. For this new show, presented as part of Dance Umbrella, he works on similar lines with performer Chrysa Parkinson. Their new work Dogheart rambles more than those earlier duets, with some of the charm but much less focus.

Leading article: An age of uncertainty

Cyber warfare is a growing threat to Britain, the latest government review of the security services suggested yesterday. After a decade in which the primary security concern has been with the so-called "war on terror" this shift of emphasis is to be welcomed. No one should doubt the gravity of the threat from individual terrorists, but greater potential danger comes from lower-grade but far more quotidian threats. There are more than 1,000 malicious cyber attacks on British state networks every month, the head of the monitoring service at GCHQ revealed recently. They use the same technology that ordinary citizens use to go about their daily business. Nations are using cyber techniques to bring diplomatic or economic pressure to bear on one another. Small scale but significant cyber attacks happen every day.

FSA says new agencies should stay away from day-to-day supervision

Europe's new supervisory bodies should not get involved in day-to-day supervision of financial markets, the Financial Services Authority warned yesterday.

Jubilant to join AIM

Jubilant Energy, an Indian oil and gas group, has decided to press ahead with a London listing on the junior Alternative Investment Market (AIM) this autumn.

Career Services

Day In a Page

Grotty no more: How Lanzarote upgraded its appeal

How Lanzarote upgraded its appeal

Lanzarote has been quietly changing its fly-and-flop holiday image, discovers Andrew Eames.
Traveller's Guide: Montenegro

Traveller's Guide: Montenegro

It's one of Europe's smallest countries, but it packs in spectacular landscapes and glittering beach resorts.
48 Hours In: Verona

48 Hours In: Verona

Summer opera returns to the Roman arena, says Charles Hebbert.
Ten things we’re looking out for at E3 2012

Ten things to look out for at E3 2012

From Wii U to The Last of Us we consider this year's show
Come dine (online) with me

Come dine (online) with me

Move over TV chefs, hello YouTube stars
Next in line – but public just can't warm to idea of Charles in charge

Next in line – but public just can't warm to idea of Charles in charge

'Independent' poll finds less that half want him to take throne as ministers moan of interference
Nothing's sacred: the illegal trade in India's holy cows

Nothing's sacred: the illegal trade in India's holy cows

Andrew Buncombe reports from Kaharpara on a bloody war between rustlers and border guards
Mogul grounded: Desmond gives up his jet deal

Mogul grounded: Desmond gives up his jet deal

Media tycoon's company pays £1m to cancel his order for a £36m private jet after drop in profits
How Ai Weiwei built a pavilion in London – by remote control

How Ai Weiwei built a pavilion in London – by remote control

The artist tells Clifford Coonan how he used Skype to escape confinement in Beijing
Nature, nurture... or neither? The new twist in an age-old argument

Nature, nurture... or neither?

The new twist in an age-old argument
Radio 4 to shed its cosy image with a 'sexy' Ulysses drama

Radio 4 to shed its cosy image with a 'sexy' Ulysses drama

New station controller wants to reflect the current period of 'turmoil and uncertainity'
Alcohol: I drink therefore I am

Alcohol: I drink therefore I am

New guidelines warn Britons to drastically reduce their boozing. But is a life without liquor worth living? Hell no, says John Walsh
The Cable News Nightmare: CNN (and Piers Morgan) in audience crisis

The Cable News Nightmare

CNN (and Piers Morgan) in audience crisis
Like a barbie, but better: The Big Green Egg can griddle, roast, and smoke food - and even make pizza

The Big Green Egg: Like a barbie, but better

It can griddle, roast, and smoke food - and even make pizza...
The 10 Best chopping boards

The 10 Best chopping boards

Whether you want to dice veg, chop meat, or just slice up a salad, there’s a surface here to suit every culinary need.