News

Government will control entire market 'from seed to smoke,' in a bid to curb addiction and drug violence

New bank will be backed by Rothschild

Britain's largest banks will present their "living wills" to the Financial Services Authority (FSA) next month, ahead of the G20 summit of leading industrialised nations in South Korea.

Soros buys 4% of Bombay bourse

The billionaire investor George Soros, famed for profiting from the collapse of sterling on Black Wednesday in 1992, has bought into the Bombay Stock Exchange (BSE).

Business Diary: Dudley follows Hayward's lead

So farewell Tony Hayward and hello Bob Dudley. The outgoing and incoming BP chief executives have one thing in common already: just as the bookies took large bets on Hayward being forced to quit, so too are punters backing Dudley not to last. Ladbrokes has just cut its odds on Dudley not surviving in his new role for more than two years from 8/11 to 4/9. "To say the role is a poisoned chalice is an understatement," says the bookmaker's spokesman Nick Weinberg.

Discovery Metals looks to raise $150m to develop Botswana copper mine

Discovery Metals, the AIM-listed miner that has investment sage George Soros as a shareholder, is looking to raise $150m in loans and new shares later this year.

The Business On... Jim Rogers, Investor

Why is he in the news?

Fear and loathing as the hedge funds take on the euro

Gigantic bets against the euro have fuelled rumours of a hedge fund plot to cash in on the Greek crisis

Call for 'Robin Hood tax' on banking transactions

The clamour for a global tax on banking transactions gathered pace last night, as further evidence emerged of investment-bank returning to bumper profits.

David Prosser: Bankers are feeling the heat in Davos

Outlook And so the fightback begins. You might say it was cowardly of the world's top bankers to wait until they had ducked behind the security barriers at Davos to come out swinging against regulatory reform, but until now no one has been prepared to put their head above the parapet. Strength in numbers was the feeling at the World Economic Forum yesterday, with a string of senior bankers speaking out.

Copenhagen diary (11/12/09)

* George Soros, the Hungarian-American billionaire investor, wowed the conference yesterday with his bold proposals to provide up to $150bn to enable poor countries to use clean technology. All that is lacking, he said, is the "political will" to make it happen. Perhaps someone could suggest that Mr Soros lead the way himself? Come on George, it's for a good cause...

Ben Chu: Strong meat from a poacher turned gamekeeper

I don't know whether George Soros's interesting personal history as a poacher turned gamekeeper makes his ideas on financial reform more or less credible.

Stop the fat-cat bonuses! George Soros turns on the bankers

As bailed-out institutions plan to share billions among staff, top figures in the City – including bank directors – call on the Government to take decisive action at last

The Power Of Yes, NT: Lyttelton, London

Subtitled "a dramatist seeks to understand the financial crisis", David Hare's hotly anticipated new piece is not so much a play proper as an edited dramatisation of the research process that could have led to one. Portrayed by Anthony Calf, the author-figure (who is a version of Hare) takes to the stage and scribbles endlessly in a notebook, while quizzing a recurring crew of financiers, politicians and journalists. But you feel that he must have been trapped for the past year in a bunker, such is the surprise he evinces when these men in suits (who include Adair Turner, the chairman of the Financial Services Authority and George Soros, a US banker) march forward and bark at him what we largely already know.

Prophets of doom see new bubbles

Two of the world's most influential investment gurus warned yesterday that financial markets were turning into "bubbles".

Soros calls for ban on credit default swaps

George Soros, the billionaire hedge fund manager, called for credit default swaps to be banned, saying these financial instruments had the potential to wreck individual companies and to bring down the banking system.

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
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Lake Garda
Minoan Crete and Santorini
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Abuse - and the hell that came afterwards

Abuse - and the hell that follows

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It's oh so quiet!

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'Timeless fashion': It may be a paradox, but the industry loves it

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If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

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Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
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From Shakespeare to Rising Damp... to Vicious

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Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

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Is a quiet crusade to reform executive pay bearing fruit?

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The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

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More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

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Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

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Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

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