News Japanese Prime Minister Shinzo Abe delivers his special address at the opening session of the World Economic Forum in Davos

Japan’s trade deficit has hit an all-time high as imports were swollen by higher energy prices and a weak yen.

Profits show Compass is pointing in right direction

Supplying healthy US hospital food, Disney's staff canteen, the Mammoth Mountain ski resort in California and miners canteens in Australia all helped Compass post a strong 7.7 per cent rise in first-half profits yesterday.

Skiers and miners lift Compass profits

Supplying healthy US hospital food, Disney’s staff canteen, the Mammoth Mountain ski resort in California and miners canteens in Australia all helped Compass post a strong 7.7 per cent rise in first-half profits today.

Philip Booth: Other schemes are just as valuable as Fairtrade

Private certification schemes are the unsung heroes of a market economy. They are far more effective than state regulation. It is therefore with a heavy heart that I have always had reservations about Fairtrade-labelled products. The foundation pounces on critics with its well-oiled publicity machine, always responding with anecdotes. But doubts remain.

Slow growth on menu at Compass

Compass Group, the world's biggest caterer, said yesterday that challenging economic conditions in Britain and parts of Europe would lead to slowing organic sales growth in the first half compared with the same period the year before.

Angela Merkel: Greek Euro exit would be 'catastrophic'

The departure of Greece from the eurozone would be a "huge political mistake", according to German chancellor Angela Merkel.

Album: Esperanza Spalding, Radio Music Society (Heads Up/Decca

After the charming acoustic set Chamber Music Society, and just-pipping Bieber to a Grammy for Best New Artist, bassist, singer and composer Spalding tries to breathe new life into the dead form of smooth jazz-fusion.

A hard, dry future for the planet

As global bodies gather in Marseilles to discuss water supplies, Sarah Morrison reports on the waste that will create a thirsty world by 2050

Carne Ross: Time for states to give way to people power

What Al-Nasser says is commonly uttered, sotto voce, at the UN, but rarely so publicly declared. It's commonplace to point the finger at the "Permanent Five" members of the Security Council. But they will never give up the veto, whatever they may say. This time the Syrians are the victims of China's and Russia's obstructionism, but one can also point to the US for blocking discussion of Palestine. Nor should we relish the oft-repeated panacea of enlarging the Council's membership.

HSBC profits rise 15% to £13.8 billion

HSBC’s global profits have risen to £13.8 billion, a 15 per cent annual rise and one of the healthiest profits ever reported by a British company.

China and India boost Genus profits

Surging demand for pork, beef and dairy in China and India saw profits at the British animal breeding group Genus jump 22 per cent to £23.3m in the six months to December.

HSBC aiming to boost trade with £4bn injection for SMEs

The banking giant HSBC has launched a £4bn fund to help small businesses boost exports as its latest forecasts showed the UK's trade recovery lagging well behind global rivals.

Song Dong: Waste Not, Barbican Curve, London

A life told in stuff. Most of it useless and unlovely, and yet strangely affecting
Crime wave: Rooney Mara in 'The Girl with the Dragon Tattoo'

Death in a Cold Climate: A Guide to Scandinavian Crime Fiction, By Barry Forshaw

It seems implausible. For his guide to crime fiction, Barry Forshaw set himself the task of cataloguing and analysing some 200 books by over 70 authors while at the same time delivering helpful insights into the national character of five countries: Finland, Sweden, Norway, Denmark and Iceland. To make things harder still, he interviewed a selection of authors, translators, commissioning editors and academics, and included lengthy extracts.

Extremely Loud and Incredibly Close (12A)

Extremely long and in need of a good slap

Spotlight On: Halifax clarity credit card

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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
Middle East crisis: We know all too much about the cruelty of Isis – but all too little about who they are

We know all too much about the cruelty of Isis – but all too little about who they are

Now Obama has seen the next US reporter to be threatened with beheading, will he blink, asks Robert Fisk
Neanderthals lived alongside humans for centuries, latest study shows

Final resting place of our Neanderthal neighbours revealed

Bones dated to 40,000 years ago show species may have died out in Belgium species co-existed
Scottish independence: The new Scots who hold fate of the UK in their hands

The new Scots who hold fate of the UK in their hands

Scotland’s immigrants are as passionate about the future of their adopted nation as anyone else
Britain's ugliest buildings: Which monstrosities should be nominated for the Dead Prize?

Blight club: Britain's ugliest buildings

Following the architect Cameron Sinclair's introduction of the Dead Prize, an award for ugly buildings, John Rentoul reflects on some of the biggest blots on the UK landscape
eBay's enduring appeal: Online auction site is still the UK's most popular e-commerce retailer

eBay's enduring appeal

The online auction site is still the UK's most popular e-commerce site
Culture Minister Ed Vaizey: ‘lack of ethnic minority and black faces on TV is weird’

'Lack of ethnic minority and black faces on TV is weird'

Culture Minister Ed Vaizey calls for immediate action to address the problem
Artist Olafur Eliasson's latest large-scale works are inspired by the paintings of JMW Turner

Magic circles: Artist Olafur Eliasson

Eliasson's works will go alongside a new exhibition of JMW Turner at Tate Britain. He tells Jay Merrick why the paintings of his hero are ripe for reinvention
Josephine Dickinson: 'A cochlear implant helped me to discover a new world of sound'

Josephine Dickinson: 'How I discovered a new world of sound'

After going deaf as a child, musician and poet Josephine Dickinson made do with a hearing aid for five decades. Then she had a cochlear implant - and everything changed
Greggs Google fail: Was the bakery's response to its logo mishap a stroke of marketing genius?

Greggs gives lesson in crisis management

After a mishap with their logo, high street staple Greggs went viral this week. But, as Simon Usborne discovers, their social media response was anything but half baked
Matthew McConaughey has been singing the praises of bumbags (shame he doesn't know how to wear one)

Matthew McConaughey sings the praises of bumbags

Shame he doesn't know how to wear one. Harriet Walker explains the dos and don'ts of fanny packs
7 best quadcopters and drones

Flying fun: 7 best quadcopters and drones

From state of the art devices with stabilised cameras to mini gadgets that can soar around the home, we take some flying objects for a spin
Joey Barton: ‘I’ve been guilty of getting a bit irate’

Joey Barton: ‘I’ve been guilty of getting a bit irate’

The midfielder returned to the Premier League after two years last weekend. The controversial character had much to discuss after his first game back
Andy Murray: I quit while I’m ahead too often

Andy Murray: I quit while I’m ahead too often

British No 1 knows his consistency as well as his fitness needs working on as he prepares for the US Open after a ‘very, very up and down’ year
Ferguson: In the heartlands of America, a descent into madness

A descent into madness in America's heartlands

David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

BBC faces corruption allegation over its Sir Cliff police raid coverage

Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home