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Shell saves $600m on gas deal with Repsol

Royal Dutch Shell has saved $600m (£362m) on a deal to buy rival Repsol’s liquefied natural gas assets in Trinidad, Peru and Spain. The supermajor had agreed to buy the portfolio for $4.4bn last February, but will now only be spending $3.8bn on Repsol’s LNG work outside of North America.

Peter Popham: In Italy, it takes more than talent to succeed

Two old friends of ours were back in Italy over the New Year. We hadn't seen them for years. A married couple, both brilliant designers, they are typical examples of how Italy wastes its native talent.

Slimmer Fiat hungry for a bigger chunk of Chrysler

Fiat could increase its stake in its US rival Chrysler to more than 50 per cent this year, the Italian automotive giant's chief executive, Sergio Marchionne, said yesterday.

Maserati duo claim first ever GT1 world championship

The Vitaphone Maserati duo of Michael Bartels and Andrea Bertolini claimed the first ever GT1 world championship yesterday afternoon by finishing ahead of the Young Driver Aston Martin pair of Darren Turner and Tomas Enge.

Fiat 500 Twinair

Price: £10,665
Top speed: 108mph 0-62mph 11 seconds
Consumption: 68.9mpg
CO2 emissions: 95g/km
Best for: Economy twinned with enjoyment
Also worth considering? BMW Mini, Ford Ka, Volkswagen Beetle

30 years on: Franco Rosso on why Babylon's burning

30 years ago this month the cult movie Babylon was released - giving a brutal insight into south London's West Indian community in the late 70s. Ahead of a planned sequel, <b>Miguel Cullen</b> speaks to director Franco Rosso to see how the city has changed in the subsequent years.

Chrysler: from bust to vroom

The American car giant, steered by Sergio Marchionne, has put a lot of road behind it in the 16 months since exiting bankruptcy. Stephen Foley reports

Business Diary: No room for sentimentality

Deutsche Bank analyst Marc Geall didn't mince his words as he downgraded his rating of Autonomy from buy to hold. "Autonomy has neglected [investment]" he warned this week, adding "with management not confronting the issues, future volatility is still a risk". Geall should know – his profile on social networking site LinkedIn reveals that before joining Deutsche in July, he spent three years working at Autonomy, latterly as its head of corporate strategy.

Business Diary: A handbrake turn from BSM

The buyers at the British School of Motoring just can't seem to make up their minds. A little over a year ago, BSM dumped Vauxhall, its long-time supplier of motors, in favour of Fiat. The decision rather made one question the "British" claim made by the company's name, a point it now seems to have accepted too. Yesterday, BSM announced that from 2011 onwards, it will be dropping Fiat and buying its instructors' cars from, wait for it, Vauxhall. U-turns all over the road in other words.

Fresh legal bid to force inquest into Kelly's death

A fresh legal bid to force an inquest into the death of Government scientist David Kelly is to be launched within the next few days, it was disclosed today.

Abarth 500c

Price: £17,500
Top speed: 128 mph 0-62mph 8.1 seconds
Consumption: 45.3 mpg
CO2 emissions: 151g/km
Best for: Fiat's bottom line
Also worth considering? Mazda MX-5, Mini John Cooper Works Convertible, Renault Wind

The enduring appeal of cars past

Do you secretly yearn to buy back your first car? It seems you are not alone, says David Wilkins

Chrysler's sales motor but losses continue

chrysler trimmed trimmed its losses from $197m (£124m) to $172m in the second quarter of the year, boosted by rising sales and steady cost-cutting efforts, the US car giant said yesterday.

Faithless tune in to new way to go 'prommercial'

It is being heralded as the first "prommercial" and will be proclaimed as the future of the music industry. It may also help rescue the tattered reputation of television advertising. Not bad for a 15-year-old British electronica band without a record label.

The Italian playground that's fighting for its soul

Forte dei Marmi's newest hotel looks like it belongs in Miami and its pricey villas are full of Russians. And yet this Tuscan resort is trying very hard to remain authentic, says Sarah Barrell

Fiat to sell Abarth 695 Tributo Ferrari for &pound;29,600

Emboldened by the good reception enjoyed by the sporty Abarth versions of its popular 500 model, Fiat is now gearing up to deliver 152 examples of a super-exclusive Ferrari branded variant to the UK market. The Abarth 695 Tributo Ferrari will sell for £29,600.

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FootballGerman sparks three goals in four minutes at favourite No 10 role
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Dennis Rodman has confirmed he is not going to the Middle East to 'talk to with the leaders of Isis' as claimed in a recent satirical report
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Radamel Falcao was forced to withdraw from the World Cup after undergoing surgery
premier leagueExclusive: Reds have agreement with Monaco
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Rumer was diagnosed with bipolarity, attention deficit hyperactivity disorder and post-traumatic stress disorder: 'I was convinced it was a misdiagnosis'
peopleHer debut album caused her post-traumatic stress - how will she cope as she releases her third record?
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'New Tricks' star Dennis Waterman is departing from the show after he completes filming on two more episodes
tvOnly remaining original cast-member to leave long-running series
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Couples have been having sex less in 2014, according to a new survey
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Holly's review of Peterborough's Pizza Express quickly went viral on social media
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musicBiographer Hunter Davies has collected nearly a hundred original manuscripts
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A long jumper competes in the 80-to-84-year-old age division at the 2007 World Masters Championships
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Panama
Languedoc Roussillon
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Dubrovnik & the Dalmatian Coast
Prices correct as of 17 September 2014
Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam