The long-running saga of separating the battle-bruised miner Bumi from Indonesia’s powerful Bakrie family could finally be coming to an end after the parties announced a potentially decisive $501m (£330m) deal yesterday.

SuperDry enjoys a super set of results

Bumi, the scandal-scarred coal miner, has struck an agreement to restore its reputation and ultimately lift the suspension in trading of its shares.

TM Lewin, the maker of shirts worn by hordes of City workers, is close to appointing advisers to sell the business for up to £100m.

Last month Richard Buxton suddenly quit as head of UK investment at Schroders, the venerable City fund-management house which commentators can seldom resist describing as "blue-blooded".

Shares in beleaguered Indonesian coalminer Bumi jumped by nearly 5% yesterday after major investor Rosan Roeslani sold his pivotal 10% stake in the group ahead of a crucial vote on Thursday.

The bitter feud between Bumi’s co-founders hasn’t affected the coal miner’s performance, as the firm today announced it had met 2012 production targets and cut quarterly costs.

Goldman Sachs' chief executive, Lloyd Blankfein, has admitted that media pressure forced the Wall Street bank to drop its plan to save its British employees millions of pounds in bonuses through tax avoidance. "We were very, very influenced by the press, and that's certainly not embarrassing. We have to take account of it," said Mr Blankfein at the World Economic Forum in Davos.

Baghdad is preparing to sue Genel Energy, the oil company run by the former BP chief executive Tony Hayward, for "illegally" exporting some of the oil it produced in the semi-autonomous region of Kurdistan.

A leading Standard Chartered banker involved in making a $1bn (£620m) loan to the Indonesian chairman of the London-listed miner Bumi has quit after the bank struggled to get other lenders on board.

The Bumi drama highlights how many in the City want to shine more light on foreign firms gaining from a London listing

The City regulator will this week announce a clampdown on listing rules aimed at preventing the kind of scandals which have surrounded foreign mining companies such as Kazakhstan's ENRC and Indonesia's Bumi.

As if they weren't already well-connected enough, the world's two greatest dynasties joined forces yesterday as Europe's Rothschild banking clan bought a stake in the Rockefeller group's wealth and asset management business to gain a foothold in the US.

Volex has paid the price for a green push by the consumer electronics giant Apple which wiped out its profits growth this year.