News

French police have identified the man arrested for shooting a newspaper assistant photographer and carrying out three other attacks.

Market Report: Aegis falls as break-up potential takes a knock

Investors hoping that the sale of its market-research arm will prompt a full break-up of Aegis received a blow yesterday, as the advertising group followed the wider market down.

Market Report: Takeover talk engineers gains for blue chip IMI

With market gossips enjoying a busy start to the week, takeover tales continued to dominate investors' attention yesterday as bid rumours pushed forwards a number of companies.

Greece's Odious Debt, By Jason Manolopoulos

A tragedy, from the nation that invented it

Business Diary: Johnson chokes on his coffee

Luke Johnson, the private equity mogul, might want to check staff aren't spitting in his latte next time he pops into Starbucks for a pick-me-up. Johnson is less than complimentary about the coffee chain in the latest issue of Management Today – and particularly its chairman Howard Schulz. The Starbucks founder's latest tome, How Starbucks Fought for its Life Without Losing its Soul, is on sale in the chain's coffee shops. "This book is 350 pages of self-indulgent claptrap," Johnson says.

Market Report: Heritage Oil rises after takeover talk returns

Market gossips returned to an old tale last night, as vague speculation that Heritage Oil could be about to receive an approach helped it spurt up the leaderboard of the mid-tier index. Not for the first time, the reheated chatter turned towards China for possible aggressors, picking out the state-owned Cnooc once again as a prospective bidder.

David Prosser: Banks set to count the cost of even themost modest reforms

Outlook Four days and counting to nemesis for Britain's banks, with Sir John Vickers due to unveil the preliminary findings of his Independent Commission on Banking on Monday. Actually, nemesis might be pushing it – all the indications are currently that Sir John does not intend to recommend some of the seismic shifts campaigned for in certain quarters, most notably the separation of retail and investment banking. Still, do not underestimate the impact even quite modest reforms might have on Britain's banks.

The Week Ahead: M&S unlikely to shine through the retail gloom

There has been no shortage of bad news in recent weeks for the retail sector and expectations are low that Marks & Spencer will be able to buck the trend with its interim management statement on Wednesday.

BP to kick off auction of £400m stake in Wytch Farm oil field

BP will kick-off the auction of its £400m controlling stake in Wytch Farm in Dorset, western Europe's biggest onshore oil field, in the next two weeks.

David Prosser: The man from the Pru enjoys an undeservedly generous payday

Outlook Here are two numbers for you: £377m and £50,000. The first number is the cost to Prudential, as detailed in its annual report yesterday, of its failed bid for AIA, the Asian insurance company. The second figure, also taken from Pru's report, is the amount of bonus the insurer's chief executive, Tidjane Thiam, missed out on at the end of 2010. Despite presiding over the AIA botch, Mr Thiam collected a bonus of £1.57m, 97 per cent of the £1.62m that was the maximum he could have theoretically earned.

Market Report: Kingfisher falls back as B&Q worries build up

Kingfisher closed at its lowest price since December last night thanks to fears over the challenges facing its flagship B&Q chain.

SocGen profits rebound in 2010

Profits at the French banking group Société Générale soared to €3.9bn (£3.3bn) in 2010, almost six times higher than the year before.

The Business On... Tidjane Thiam, Chief executive, Prudential

So he's still in a job then?

The business on: Frederic Oudea, Chief executive, Société Générale

The man to whom Jerome Kerviel owes €5bn?

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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
Refugee crisis: David Cameron lowered the flag for the dead king of Saudi Arabia - will he do the same honour for little Aylan Kurdi?

Cameron lowered the flag for the dead king of Saudi Arabia...

But will he do the same honour for little Aylan Kurdi, asks Robert Fisk
Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Our leaders lack courage in this refugee crisis. We are shamed by our European neighbours

Humanity must be at the heart of politics, says Jeremy Corbyn
Joe Biden's 'tease tour': Could the US Vice-President be testing the water for a presidential run?

Joe Biden's 'tease tour'

Could the US Vice-President be testing the water for a presidential run?
Britain's 24-hour culture: With the 'leisured society' a distant dream we're working longer and less regular hours than ever

Britain's 24-hour culture

With the 'leisured society' a distant dream we're working longer and less regular hours than ever
Diplomacy board game: Treachery is the way to win - which makes it just like the real thing

The addictive nature of Diplomacy

Bullying, betrayal, aggression – it may be just a board game, but the family that plays Diplomacy may never look at each other in the same way again
Lady Chatterley's Lover: Racy underwear for fans of DH Lawrence's equally racy tome

Fashion: Ooh, Lady Chatterley!

Take inspiration from DH Lawrence's racy tome with equally racy underwear
8 best children's clocks

Tick-tock: 8 best children's clocks

Whether you’re teaching them to tell the time or putting the finishing touches to a nursery, there’s a ticker for that
Charlie Austin: Queens Park Rangers striker says ‘If the move is not right, I’m not going’

Charlie Austin: ‘If the move is not right, I’m not going’

After hitting 18 goals in the Premier League last season, the QPR striker was the great non-deal of transfer deadline day. But he says he'd preferred another shot at promotion
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones