News An RAF Apache helicopter

Helicopter-maker AgustaWestland has been awarded two Ministry of Defence contracts worth £760 million which will secure more than 1,000 jobs in the UK.

GE faces claim over Blue Wings

A High Court judgment yesterday opened the way for General Electric (GE) to face a multimillion-pound compensation claim over the collapsed German airliner Blue Wings.

Path of radioactive water leak at Japan plant unclear

Workers used a milky white dye today as they frantically tried to trace the path of highly radioactive water gushing near Japan's tsunami-damaged nuclear plant and seeping into the ocean.

'Suicide squads' paid huge sums amid fresh fears for nuclear site

The radioactive core in one reactor at Fukushima's beleaguered nuclear power plant appeared to have melted through the bottom of its containment vessel, an expert warned yesterday, sparking fears that workers would not be able to save the reactor and that radioactive gases could soon be released into the atmosphere.

Reactor crisis wipes £7.4bn from General Electric

The unfolding crisis at the Fukushima Daiichi nuclear plant has put a harsh spotlight on General Electric, the giant US conglomerate which built parts of the plant and which had been hoping to benefit from a renaissance in nuclear power that now looks to be on hold.

Japan prepares to restart work at nuclear plant

Surging radiation levels forced Japan to order emergency workers to temporarily withdraw from its crippled nuclear plant today, losing time in a desperate operation to cool the overheating reactors — the most urgent crisis from last week's devastating earthquake and tsunami.

Panic over Japan triggers market turmoil

World markets suffered a dramatic series of losses yesterday, with fears of a potential nuclear disaster in Japan hitting stock, metal and oil prices.

GE strikes $2.8bn deal for John Wood unit

The oil services group John Wood has struck a deal to offload its well support unit, netting $2.8bn by selling the division to the US industrial giant General Electric.

Obama challenges American businesses to 'get in the game'

President Barack Obama yesterday threw down a challenge to American business to "get in the game" and start spending some of the $2 trillion (£1.2trn) sitting on corporate balance sheets to create new jobs and boost the sluggish national economy.

Obama speech marks new path to 2012 election

The President has had a bump in the polls, with approval rates above 50 per cent

Hamish McRae: Asia's latest growth spurt highlights the gulf between the 'old' world and the 'new'

Economic Life: If you want to get a feel for the changing relationship between the two worlds, look at the photos from President Hu Jintao's visit to the US

Confident tech sector set to boost employment

Hi-tech manufacturers are Britain's most confident companies, research reveals today, with almost half planning recruitment sprees this year.

GE pays £785m for Wellstream

General Electric is to buy UK oil and gas services group Wellstream Holdings for £785m. After two earlier rejections, Wellstream – which employs more than 850 people – yesterday finally accepted the US giant's increased bid of 780p per share plus a £6m special dividend for Wellstream shareholders. The group will be integrated into GE's existing Oil & Gas division, which focuses on surface and sub-sea drilling systems. Wellstream is one of the world's largest makers of flexible pipes for the oil industry. GE was also attracted by its strong presence in Brazil, which is a fast-growing market helped by a slew of discoveries in the Santos Basin. GE was not the only company sniffing around Wellstream. Rivals bidders for the UK group included National Oilwell Varco.

Pfizer chief executive in shock retirement from 'demanding' job

The chief executive of Pfizer stepped down unexpectedly yesterday, blaming exhaustion from the "extremely demanding" job and relishing the opportunity to "recharge" his batteries.

Johann Hari: The real reason Obama has let us all down

On the night he won, I too shed a little tear; but the people weeping today are those having their homes repossessed

Wellstream spurns £755m takeover offer from GE

The oil industry services group Wellstream Holdings has rejected a £755m bid from giant US conglomerate General Electric.

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Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Amir Khan: 'The Taliban can threaten me but I must speak out... innocent kids, killed over nothing. It’s sick in the mind'

Amir Khan attacks the Taliban

'They can threaten me but I must speak out... innocent kids, killed over nothing. It’s sick in the mind'
Homeless Veterans appeal: 'You look for someone who's an inspiration and try to be like them'

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Could cannabis oil reverse the effects of cancer?

Could cannabis oil reverse effects of cancer?

As a film following six patients receiving the controversial treatment is released, Kate Hilpern uncovers a very slippery issue
The Interview movie review: You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here

The Interview movie review

You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here
Serial mania has propelled podcasts into the cultural mainstream

How podcasts became mainstream

People have consumed gripping armchair investigation Serial with a relish typically reserved for box-set binges
Jesus Christ has become an unlikely pin-up for hipster marketing companies

Jesus Christ has become an unlikely pin-up

Kevin Lee Light, aka "Jesus", is the newest client of creative agency Mother while rival agency Anomaly has launched Sexy Jesus, depicting the Messiah in a series of Athena-style poses
Rosetta space mission voted most important scientific breakthrough of 2014

A memorable year for science – if not for mice

The most important scientific breakthroughs of 2014
Christmas cocktails to make you merry: From eggnog to Brown Betty and Rum Bumpo

Christmas cocktails to make you merry

Mulled wine is an essential seasonal treat. But now drinkers are rediscovering other traditional festive tipples. Angela Clutton raises a glass to Christmas cocktails
5 best activity trackers

Fitness technology: 5 best activity trackers

Up the ante in your regimen and change the habits of a lifetime with this wearable tech
Paul Scholes column: It's a little-known fact, but I have played one of the seven dwarves

Paul Scholes column

It's a little-known fact, but I have played one of the seven dwarves
Fifa's travelling circus once again steals limelight from real stars

Fifa's travelling circus once again steals limelight from real stars

Club World Cup kicked into the long grass by the continued farce surrounding Blatter, Garcia, Russia and Qatar
Frank Warren column: 2014 – boxing is back and winning new fans

Frank Warren: Boxing is back and winning new fans

2014 proves it's now one of sport's biggest hitters again
Jeb Bush vs Hillary Clinton: The power dynamics of the two first families

Jeb Bush vs Hillary Clinton

Karen Tumulty explores the power dynamics of the two first families
Stockholm is rivalling Silicon Valley with a hotbed of technology start-ups

Stockholm is rivalling Silicon Valley

The Swedish capital is home to two of the most popular video games in the world, as well as thousands of technology start-ups worth hundreds of millions of pounds – and it's all happened since 2009
Did Japanese workers really get their symbols mixed up and display Santa on a crucifix?

Crucified Santa: Urban myth refuses to die

The story goes that Japanese store workers created a life-size effigy of a smiling "Father Kurisumasu" attached to a facsimile of Our Lord's final instrument of torture