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It was once only a brave investor who’d bet against fashion favourite Asos, but yesterday two City experts called time on the stock.

Corzine to face Congress on MF Global

Mr Corzine's appearance threatens to embarrass Barack Obama, for whom he is a fundraiser

Business Diary: Cooking up a tasty comeback

Delia Smith hasn't had the easiest ride since taking over at Norwich City Football Club – who could forget her raucous appeal to fans to get behind the side on the PA system – but here's some reward for all her hard work. The Institute for Turnaround has just handed her and the rest of Norwich City's management team a gong for the way they've turned the once financially stricken club into a stable member of the Premier League. Let's hope this isn't the equivalent of the dreaded vote of confidence in the manager.

Goldman in debt talks with Peacocks

The investment bank Goldman Sachs is in talks to become the biggest shareholder in Peacoks, the debt-laden fashion chain.

There were protests at some Vodafone stores by campaigners claiming that the company had been let off a £6bn tax bill

Judge to examine tax deals that let firms off millions

A senior judge is to be brought in to investigate a series of controversial tax deals which cost the Exchequer millions of pounds in lost revenue.

Judge to examine Goldman Sachs tax deal

A senior judge is to be brought in to investigate a series of highly controversial tax deals which cost the Exchequer millions of pounds in lost revenue.

Mario Monti reads his speech next to Interior Minister Anna Maria in the senate today

Goldman Sachs bank conquers the new Europe

The eurozone's corridors of power have been undergoing a remarkable transformation. Stephen Foley reports

Market Report: Rio rises as commodity bulls fight their corner

Rio Tinto was among the gainers at the end of a mixed session for the mining sector last night. The stock was 35p better off at 3,458p, rising along with rivals such as the Eurasian Natural Resources Corporation, which was 3p firmer at 679.5p at the close of play.

Business Diary: Bearing gifts for the Greeks

The debate continues to rage over whether people ought to feel sorry for the Greeks. But for those feeling sorry enough, there is a way to show your support. The Bank of Greece runs an account specially for people who want to donate what they feel they can afford to the impoverished nation. The bank promises its "Solidarity Account for Repayment of Public Debt" will use your donations for only that purpose. Oddly, no details of how much has been raised so far appear to be available.

Regulator pulls out of MF inquiry

The head of the agency in charge of regulating MF Global, the collapsed broker-dealer, has recused himself from the investigation into the bankruptcy, because he worked with the firm's chief executive, Jon Corzine, at Goldman Sachs.

Market Report: Analysts wail about the propects for Mothercare

Investors in Mothercare will have been forgiven for sobbing like babies yesterday. Having been hit recently by its falling popularity with Britain's mothers, shares in the high street retailer, which has issued three profits warnings this year already, managed to reach an eight-year low last night after analysts said there was still plenty more pain to come.

Business Diary: Book of Jobs is a hit in China

That Steve Jobs biography you might have heard of has been called a must-read for Apple fans and wannabe tech gurus alike, but at one Chinese company the book is literally required reading. Xiaochuan Wang, an earnest computer programming prodigy who is now chief technology officer at Sohu, a Nasdaq-listed search engine, has bought 500 copies. "For my colleagues," he says. "I hope they can learn from it." Diary detects just a hint of menace, and thinks Sohu might have a little Steve Jobs in the making here.

Hamish McRae: More volatile perhaps, but market fluctuations are following a familiar pattern

Economic Life: There is strong evidence that cuts in public spending do not do nearly as much damage to long-term growth as increases in taxation

Shares fall as Goldman boss hires defence attorneys

Lloyd Blankfein, chief executive, and other senior executives at Goldman Sachs have hired high-powered criminal defence attorneys to represent them in government investigations into possible wrongdoing at the investment bank, it emerged last night.

Goldman Sachs man to lead overhaul of Labour Party

Labour turned to the former boss of ITV and senior adviser at Goldman Sachs yesterday to oversee a management and commercial overhaul of the party.

Lansdowne sells its entire shareholding in Goldman

Europe's biggest hedge fund has sold its $850m (£518m) shareholding in Goldman Sachs, the Wall Street bank, signalling its rising concerns about the health of the global banking sector.

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
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

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine