News Thomas Perkins, who is thought to be worth around $8bn, made the startling comparison in a letter to The Wall Street Journal

Billionaire venture capitalist admits Kristallnacht was a "terrible word" to use but defends war on the rich remarks

The Ashcroft Affair: MPs demand privilege review

THERE WERE calls for a review of parliamentary privilege last night from Conservative MPs still angry that their party treasurer was linked in the Commons with United States drugs inquiries.

FT joins rival to launch Russian newspaper

THE Financial Times and the Wall Street Journal, the bitter rivals of the business newspaper world, have agreed to join forces in order to launch a Russian-language business paper.

War In The Balkans: Backing for ground troops grows

American Opinion

`Clinton raped me in hotel,' claims Arkansas woman

HIGHLY DAMAGING allegations concerning President Bill Clinton's past finally appeared in America's mainstream media yesterday, after months in the shadowy realms of the Internet.

Words: Sexy, adj.

IS YOUR love-life dull? How about an open fire, candles, a big, big bottle of wine, tandoori chicken, dried-up samosas and lukewarm rice? The Grocer records that cluttered Alldays is ousting fast food. Colin Glass, a director, says, "I'm sure it will work in c-stores, but we have spent so much time, money and effort in it because it's sexy that it has led us to neglect the basics."

Media: Wall Street shuffle

Can the top US business daily cut it in Europe?

Media: Look out for the invisible man

Richard Lambert may be a low-profile editor, but the profile of his newspaper, the FT, is high, and rising.

Impeachment process enters electoral phase

THE CURTAIN rose yesterday on part two of Bill Clinton's presidency, on the months, even years, that will be forever associated with impeachment. Regardless of the final outcome and regardless of any other achievements, Mr Clinton is now bracketed with Richard Nixon as one of only three American Presidents to face the shame of a formal impeachment inquiry by Congress.

New York Confidential: Bald pride and the style battle against hair loss

EARLIER THIS week, the Wall Street Journal ran a story on its front page headlined "The Comb-Over Loses Out in Battle Against Hair Loss". It documented how the comb-over, which it described as "the most elegant baldness remedy of all", was losing market share to shaved heads, buzz cuts, baseball-cap cover-ups, implants, transplants, toupees, wigs and weaves.

The news: Lord Snooty bows to the forelock-tuggers

A t long last, with the arrival of digital television a real multi- channel environment will be upon us. What effect will it have on the style and quality of British television news? For paradoxical reasons, it may be the BBC, not its frankly commercial competitors, which will need to go down market in the search for bigger audiences.

Rivals claim Microsoft had bug plot

THE LEGAL woes of Microsoft may be about to deepen, thanks to the uncovering of a 1991 internal e-mail that appears to reveal a secret, if not dastardly, scheme to insert a hidden bug in its Windows operating system to sabotage the system of a rival software manufacturer.

Starr report `may be sent to Congress next month'

THE INDEPENDENT prosecutor, Kenneth Starr, could send his report to Congress as early as next month and limit its focus to President Bill Clinton's relationship with Monica Lewinsky, the Washington Post reported yesterday. Such an accelerated timetable could embarrass Mr Clinton and throw into disarray the politics of the November congressional elections.

Sinatra has it his way from beyond the grave

FRANK SINATRA'S will ensures that the battle for his inheritance will be bitterly fought for a long time, but the battle will be conducted in secret.

Argos faces raised bid

CATALOGUE-shopping group GUS is expected to increase its pounds 1.6bn offer for Argos this week, after the discount retailer revealed its final defence against the hostile bid on Friday. GUS has a week to decide whether to sweeten its 570p-a-share offer.

Pearson tries to paint America pink

Marjorie Scardino did it for the `Economist', now it's the `Financial Times'. Steven Solomon on an expensive US gamble
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University Edible Garden, Leeds – a sustainable garden in the centre of the university, passers-by can help themselves to the home-grown produce
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Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
Pompeii, Capri and the Bay of Naples - seven nights from £799pp
Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star
How live cinema screenings can boost arts audiences

How live cinema screenings can boost arts audiences

Broadcasting plays and exhibitions to cinemas is a sure-fire box office smash
Shipping container hotels: Pop-up hotels filling a niche

Pop-up hotels filling a niche

Spending the night in a shipping container doesn't sound appealing, but these mobile crash pads are popping up at the summer's biggest events
Native American headdresses are not fashion accessories

Feather dust-up

A Canadian festival has banned Native American headwear. Haven't we been here before?
Boris Johnson's war on diesel

Boris Johnson's war on diesel

11m cars here run on diesel. It's seen as a greener alternative to unleaded petrol. So why is London's mayor on a crusade against the black pump?
5 best waterproof cameras

Splash and flash: 5 best waterproof cameras

Don't let water stop you taking snaps with one of these machines that will take you from the sand to meters deep
Louis van Gaal interview: Manchester United manager discusses tactics and rebuilding after the David Moyes era

Louis van Gaal interview

Manchester United manager discusses tactics and rebuilding after the David Moyes era
Will Gore: The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series

Will Gore: Outside Edge

The goodwill shown by fans towards Alastair Cook will evaporate rapidly if India win the series
The children were playing in the street with toy guns. The air strikes were tragically real

The air strikes were tragically real

The children were playing in the street with toy guns
Boozy, ignorant, intolerant, but very polite – The British, as others see us

Britain as others see us

Boozy, ignorant, intolerant, but very polite
How did our legends really begin?

How did our legends really begin?

Applying the theory of evolution to the world's many mythologies
Watch out: Lambrusco is back on the menu

Lambrusco is back on the menu

Naff Seventies corner-shop staple is this year's Aperol Spritz