Shares in Shell tumbled by 5% today as the FTSE 100 company announced a “clearly disappointing” 60% dive in its profits for the second quarter.

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An influential cross-party group of MPs has challenged David Cameron to return to the Arctic, accusing his government of being dangerously complacent about oil exploration in the region.

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Shares in Shell jumped today as the oil giant announced that company veteran Ben van Beurden would succeed Peter Voser at the helm.

On 9 November 1989, when the Berlin Wall was opened, tens of thousands of East Germans introduced the West to the Trabant car as they drove over the frontier. The car rapidly became recognisable as a kind of automotive liberator. The engineer behind its invention, Werner Lang, remained largely unknown.

The IPL, their rise to one-day greatness, the demise of Lord’s as the home of cricket – all these things stem from one mistimed Viv Richards pull.

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African leaders will warn David Cameron on Monday that his plans for a global crackdown on tax avoidance may be of little value to the world's poorest countries.

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