News

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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Roger Federer is greeted by Michael Jordan following his victory over Marinko Matosevic
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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
Kate Bush, Hammersmith Apollo music review: A preamble, then a coup de théâtre - and suddenly the long wait felt worth it

Kate Bush shows a voice untroubled by time

A preamble, then a coup de théâtre - and suddenly the long wait felt worth it
Robot sheepdog technology could be used to save people from burning buildings

The science of herding is cracked

Mathematical model would allow robots to be programmed to control crowds and save people from burning buildings
Tyrant: Is the world ready for a Middle Eastern 'Dallas'?

This tyrant doesn’t rule

It’s billed as a Middle Eastern ‘Dallas’, so why does Fox’s new drama have a white British star?
Rachael Lander interview: From strung out to playing strings

From strung out to playing strings

Award-winning cellist Rachael Lander’s career was almost destroyed by the alcohol she drank to fight stage fright. Now she’s playing with Elbow and Ellie Goulding
The science of saturated fat: A big fat surprise about nutrition?

A big fat surprise about nutrition?

The science linking saturated fats to heart disease and other health issues has never been sound. Nina Teicholz looks at how governments started advising incorrectly on diets
Emmys 2014 review: Can they genuinely compete with the Oscars

Can they genuinely compete with the Oscars?

The recent Emmy Awards are certainly glamorous, but they can't beat their movie cousins
On the road to nowhere: A Routemaster trip to remember

On the road to nowhere

A Routemaster trip to remember
Hotel India: Mumbai's Taj Mahal Palace leaves its darker days behind

Hotel India

Mumbai's Taj Mahal Palace leaves its darker days behind
10 best pencil cases

Back to school: 10 best pencil cases

Whether it’s their first day at school, uni or a new project, treat the student in your life to some smart stationery
Arsenal vs Besiktas Champions League qualifier: Gunners know battle with Turks is a season-defining fixture

Arsenal know battle with Besiktas is a season-defining fixture

Arsene Wenger admits his below-strength side will have to improve on last week’s show to pass tough test
Pete Jenson: Athletic Bilbao’s locals-only transfer policy shows success does not need to be bought

Pete Jenson: A Different League

Athletic Bilbao’s locals-only transfer policy shows success does not need to be bought
This guitar riff has been voted greatest of all time

The Greatest Guitar Riff of all time

Whole Lotta Votes from Radio 2 listeners
Britain’s superstar ballerina

Britain’s superstar ballerina

Alicia Markova danced... every night of the week and twice on Saturdays
Berlin's Furrie invasion

Berlin's Furrie invasion

2000 fans attended Eurofeurence
‘It was a tidal wave of terror’

‘It was a tidal wave of terror’

Driven to the edge by postpartum psychosis