News

Shares fell as much as 14% in early trading after company warned on 2014 profit outlook

Kazakhstan and founders mull bid for Central Asian miner ENRC

Shares in Eurasian Natural Resources Corporation (ENRC) jumped by  26 per cent yesterday after a consortium of key shareholders in the Kazakh miner announced they were considering an offer for the company.

Vincent Tchenguiz, a British-Iranian businessman, is being sued by the private intelligence agency for £330,000 for breach of contract

Beware the Black Cube: intelligence agency slaps Vincent Tchenguiz with a lawsuit

Wealthy businessman faces legal wrath of Israeli veterans he hired to help in £300m fight with SFO

Miracle crop, “jatropha”.

How an eco-pioneer from Torquay launched a miracle crop, risked a fortune, and ended up in a Cambodian prison

Gregg Fryett sold a green miracle to his investors – and now they could lose up to £32m

MPs savage former Serious Fraud Office chief as 'sloppy and slovenly'

Huge payouts for top staff were not properly approved, Commons committee is told

Anthony Hilton: Credit rating agencies? You cannot be serious

The big change this week was that the UK was no longer rated triple A by the credit analysts at Moody's and there was apprehension at how the markets would react.

James Moore: BAE's buyback hardly diverts attention from its huge pensions black hole

Outlook BAE Systems has been a byword for bad news in recent years but long-suffering investors were finally given something to smile about. The company's results weren't as bad as had been feared and there was a cherry on top of the cake in the form of an unexpected £1bn share buyback.

Rolls-Royce selects Gold to lead probe

Rolls-Royce has named Lord Gold, the City lawyer investigating the cash-for-access scandal in the Tory party, to investigate its compliance practices after the company last month revealed possible corruption in China and Indonesia.

Rolls-Royce inquiry into Chinese bribery claims

Rolls-Royce has named Lord Gold, the City lawyer investigating the cash-for-access scandal in the Tory party, to investigate its compliance practices after the company last month revealed possible corruption in China and Indonesia.

UBS fined $1.5bn for rate fixing in Libor scandal

Regulators and prosecutors in the UK, US and Switzerland have hit UBS with $1.5bn (£920m) in fines as they adopt an increasingly aggressive approach in cracking down on banks that manipulated the Libor interest rate, the benchmark for pricing trillions of dollars of financial contracts.

Hewlett-Packard takes £5.5bn hit after accusing UK firm Autonomy of fiddled accounts

Hewlett-Packard took an 8.8 billion US dollar (£5.5 billion) hit today as it accused former staff at a UK software company it bought last year of cooking the books.

EADS inquiry into Saudi bribe claims

EADS has launched an external, group-wide investigation into its anti-corruption practices as the European aerospace company admitted for the first time that it had failed to react quickly enough to a whistleblower's claim that its UK unit paid bribes to secure contracts in Saudi Arabia.

Nicholas Levens's total losses: £32m

Stockbroker Nicholas Levene used £32million Ponzi-scheme fraud to fund extravagant lifestyle

Even for a man with more than £300m to burn, stockbroker Nicholas Levene’s life was marked by years of staggering excess.

Business week in review

In profit...

Yvette Cooper: Labour government would scrap police watchdog following criticism of its performance in a series of cases

Labour will scrap the police watchdog following bitter criticism of its performance in a series of cases that have undermined public confidence in the service, Yvette Cooper, the shadow Home Secretary, said today.

I'm penniless, Asil Nadir tells court

Former fugitive business tycoon Asil Nadir, convicted of stealing nearly £29 million, today claimed to be penniless.

Career Services

Day In a Page

Independent Travel
Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
Lake Como St Moritz & the Bernina Express 7 nights from £809pp
Vietnam
Lake Maggiore, Orta & the Matterhorn 7 nights from £939pp
South Africa
Spain
Prices correct as of 19 December 2014
Homeless Veterans appeal: 'You look for someone who's an inspiration and try to be like them'

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Could cannabis oil reverse the effects of cancer?

Could cannabis oil reverse effects of cancer?

As a film following six patients receiving the controversial treatment is released, Kate Hilpern uncovers a very slippery issue
The Interview movie review: You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here

The Interview movie review

You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here
Serial mania has propelled podcasts into the cultural mainstream

How podcasts became mainstream

People have consumed gripping armchair investigation Serial with a relish typically reserved for box-set binges
Jesus Christ has become an unlikely pin-up for hipster marketing companies

Jesus Christ has become an unlikely pin-up

Kevin Lee Light, aka "Jesus", is the newest client of creative agency Mother while rival agency Anomaly has launched Sexy Jesus, depicting the Messiah in a series of Athena-style poses
Rosetta space mission voted most important scientific breakthrough of 2014

A memorable year for science – if not for mice

The most important scientific breakthroughs of 2014
Christmas cocktails to make you merry: From eggnog to Brown Betty and Rum Bumpo

Christmas cocktails to make you merry

Mulled wine is an essential seasonal treat. But now drinkers are rediscovering other traditional festive tipples. Angela Clutton raises a glass to Christmas cocktails
5 best activity trackers

Fitness technology: 5 best activity trackers

Up the ante in your regimen and change the habits of a lifetime with this wearable tech
Paul Scholes column: It's a little-known fact, but I have played one of the seven dwarves

Paul Scholes column

It's a little-known fact, but I have played one of the seven dwarves
Fifa's travelling circus once again steals limelight from real stars

Fifa's travelling circus once again steals limelight from real stars

Club World Cup kicked into the long grass by the continued farce surrounding Blatter, Garcia, Russia and Qatar
Frank Warren column: 2014 – boxing is back and winning new fans

Frank Warren: Boxing is back and winning new fans

2014 proves it's now one of sport's biggest hitters again
Jeb Bush vs Hillary Clinton: The power dynamics of the two first families

Jeb Bush vs Hillary Clinton

Karen Tumulty explores the power dynamics of the two first families
Stockholm is rivalling Silicon Valley with a hotbed of technology start-ups

Stockholm is rivalling Silicon Valley

The Swedish capital is home to two of the most popular video games in the world, as well as thousands of technology start-ups worth hundreds of millions of pounds – and it's all happened since 2009
Did Japanese workers really get their symbols mixed up and display Santa on a crucifix?

Crucified Santa: Urban myth refuses to die

The story goes that Japanese store workers created a life-size effigy of a smiling "Father Kurisumasu" attached to a facsimile of Our Lord's final instrument of torture
Jennifer Saunders and Kate Moss join David Walliams on set for TV adaptation of The Boy in the Dress

The Boy in the Dress: On set with the stars

Walliams' story about a boy who goes to school in a dress will be shown this Christmas