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Rupert Murdoch's flagship media business, the TV and film giant 21st Century Fox, plans to cut its links with his native land by delisting from the Australian stock market.

Margareta Pagano: Why winners should not be able to take all

Irene Rosenfeld, chairman and chief executive of Kraft, is being paid a $2.1m (£1.3m) cash award for her work last year. But that's only the icing on the cake: her total pay is a whopping $19.3m. According to Kraft, Rosenfeld is being paid the cash award part of the package even though she didn't meet all her financial incentive targets. This is mainly because she improved the "talent pipeline" by helping persuade certain Cadbury directors to stay on after the controversial bid.

Rival bid for New York as exchange battle heats up

Nasdaq OMX and the Intercontinental Exchange (ICE) hope to gatecrash Deutsche Borse's plan to merge with NYSE Euronext to form the world's largest stock exchange, unveiling their own rival bid yesterday. Their offer values the New York market at $11.3bn (£7bn), some $1bn more than the German exchange has offered to pay.

eBay pays £1.2bn for GSI Commerce

The auction website eBay is to buy the e-commerce company GSI Commerce for $1.96bn (£1.22bn) in cash in an attempt to win more business from large store chains.

Rival Nasdaq examines possible joint bid for market-leading NYSE

Investors are betting on a counter-bid for NYSE Euronext, the parent company of the New York Stock Exchange, which has agreed to merge with Germany's Deutsche Börse, amid talk that its smaller US rival Nasdaq OMX could make a takeover approach of its own.

Back on: The battle royale among stock exchanges

Singapore's takeover of Sydney might look like a local deal, but analysts say it could kick off a fresh wave of mergers, including London and the Nasdaq

David Loveday: Some tips from a boss who backs the bookies

James Moore talks betting, gambling overseas and flotations with the head of the gaming industry's Microsoft

The Business On... Bob Greifeld, Chief executive, Nasdaq OMX

So the marathon man is back

Telecoms pioneer Skype to float on Nasdaq in US

The group of investors which bought the internet telecoms pioneer Skype from eBay is planning a snap stock market flotation less than a year later.

Smart Technologies offers IPOs hope as it gets $660m Nasdaq listing away

Markets on both sides of the Atlantic breathed a sigh of relief as Smart Technologies, which makes interactive whiteboards, floated successfully in the US yesterday.

Chicago options exchange soars in US stock market debut

The last major unlisted bourse in North America went public yesterday when the Chicago Board Options Exchange, the biggest options trading venue in the US, began trading amid strong demand on Wall Street's Nasdaq index.

Administrators sell Raymarine

The US thermal imaging group Flir bought Raymarine yesterday in a $180m (£124m) deal after the debt-laden British manufacturer's banks put it into administration.

'Flash crash' triggers overhaul of trading rules

Regulators promised an overhaul of US stock exchanges and so-called "dark pools", after ruling out human error for last week's 20-minute stock market crash.

Apple updates MacBook Pro

Apple has updated its line of high-end laptops with faster processors, better graphics and longer battery life, as the company continues to take share in the personal computer market.

Business Diary: Free cinema tickets for suffering bankers

At last, someone who is prepared to show bankers some kindness. The Prince Charles Cinema in Leicester Square is showing Michael Moore's documentary Capitalism: A Love Story next week and is so concerned about the plight of our poor City folk that the first 50 bankers at each screening can get it in for free.

Microsoft profit beats on strong Windows 7 sales

Microsoft posted a bigger-than-expected 60 per cent jump in quarterly profit, helped by strong sales of Windows 7, and said it expected business technology spending to recover this year.

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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
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