News

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

Market Report: Taxpayer profits as RBS gains with blue chip peers

Profits on the taxpayer's stake in Royal Bank of Scotland widened as traders regained their appetite for risk, driving blue chips higher last night.

David Prosser: A U-turn for the new man at the Pru

Outlook Well let's at least say this about at Tidjane Thiam, the new chief executive of insurer Prudential: he is sensible enough to listen to constructive criticism. Plenty of chief execs would have tried to tough out the row Mr Thiam ran into this week when French bank Société Générale announced it wanted him as a non-executive directors. Instead, Mr Thiam said yesterday that he would not accept the job after all.

Geithner defends AIG 'backdoor bailout'

The Federal Reserve had no choice but to pay off AIG's trading parties, including Goldman Sachs and other major banks, because any attempts to negotiate a better deal for taxpayers could have triggered a new financial panic, the US Treasury Secretary Tim Geithner insisted under questioning from Congress yesterday.

Threat to toxic waste victims' compensation

Court orders law firm to relinquish £30m paid by Trafigura

LSE pledges Turquoise turnaround after deal

Stake in rival may repair relations with customers

Court freezes Trafigura compensation

Lawyers concerned that African ruling could deprive toxic waste victims of £30m

Foreign banks pledge pay restraint in Treasury deal

City minister hails deal mirroring agreement with British counterparts

London Stock Exchange in talks to buy rival trading platform Turquoise

The London Stock Exchange is in exclusive talks to buy Turquoise, the trading platform launched last year to compete aggressively with the London market and cut trading costs.

Market Report: ITV warning prompts investor switch-off

ITV was among the fallers as the stock market paused for breath, ending a six-session winning streak last night.

Project Turquoise offered for sale to major exchange groups

Nasdaq OMX seen as most likely buyer for loss-making share trading platform

Allied Irish sees an end to the pain but reports big losses

Allied Irish Bank plunged into the red yesterday thanks to soaring bad loans and its home market's stricken economy.

Market Report: 3i rallies on hopes of FTSE 100 re-entry

3i, the FTSE 250-listed private equity group, surged ahead last night, rising by almost 12 per cent amid hopes that it may rejoin the ranks of blue chips in the upcoming index review.

Esporta to get new chairman

Richard Segal, the former chief executive of the listed online gambling giant PartyGaming, is believed to have been appointed executive chairman of troubled fitness club chain Esporta.

Market Report: Lloyds trails rival banks as analysts weigh in

Lloyds Banking Group lagged behind its UK-focused peers last night, as brokers analysed the potential implications of the bank's plans to redeem Government-owned preference shares. Like other lenders, Lloyds has been on an upward trend, with its shares climbing by more than 40 per cent since the beginning of last month. But the tide may turn, if analysts at Société Générale are correct.

Horlick hits back as Tchenguiz prepares a coup

In the wake of the Madoff scandal and plummeting returns, the redoubtable fund manager is fighting for her reputation. Nick Clark reports
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Independent Travel
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
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

Laughter, but no tears, as Letterman takes his bow after 33 years

Veteran talkshow host steps down to plaudits from four presidents
Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

Hozier's 'blasphemous' song takes Novello award

Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

Join the tequila gold rush

The spirit has gone from a cheap shot to a multi-billion pound product
12 best statement wallpapers

12 best statement wallpapers

Make an impact and transform a room with a conversation-starting pattern
Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

Paul Scholes column

Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?