Floods paralyse Indonesian capital of Jakarta

Indonesia's army deployed rubber boats in the capital's business district today to rescue people trapped in floods that inundated much of the city of 14 million people. The president was pictured standing in water up to his shins — his trousers rolled up — at the palace waiting for the arrival of Argentina's leader on a state visit.

Sven-Goran Eriksson

Former England manager Sven-Goran Eriksson returns to football with 1860 Munich

64-year-old to assist at German second division side

The Chessmen, By Peter May. Quercus, £14.99

Joyce once described Ireland as a priest-ridden country. God knows what he would have made of the Hebrides as presented in Peter May's accomplished trilogy, of which The Chessmen is the concluding volume. The influence of a hidebound church is all-pervasive and all-stultifying. But this is only part of the rich texture with which May has invested these books, elevating them above most contemporary crime fiction.

Delhi rape suspects have been beaten, says lawyer

Police badly beat the five suspects arrested in the brutal gang rape and killing of a young woman on a New Delhi bus, the lawyer for three of the men said today, accusing authorities of tampering with evidence in the case that has transfixed India.

Jérôme Cahuzac welcomed news of the investigation

French tax-the-rich minister 'hid money in Swiss bank'

The French minister responsible for enforcing new taxes on the rich is to be investigated for tax evasion.

As cliffhanger ends, is it time to invest in US?

Problems still loom, but world-class companies are always worth a punt. Emma Dunkley reports

Markets set for fiery day after US 'fiscal cliff' deal

Global stock markets are expected to face turbulent trading when they re-open today as investors give their initial verdict on the US budget agreement to avert the "fiscal cliff" of combined general tax rises and public spending cuts.

Turmoil fear as US pulls back from 'fiscal cliff'

Markets worldwide face volatility after late compromise on tax rises and spending cuts

Osamu Suzuki, left, is the fourth adopted son to run the family company

No heir to run the company? Why adult ‘adoption’ is big business in Japan

Family firms in Japan often rely on adult adoptees to help retain dynastic control. Finding a match has become an industry in itself

Labour offers UK hope, says Ed Miliband

Ed Miliband today branded the coalition “a bad Government that is letting down the good people of this country”, in a New Year's message promising that Labour will offer Britain hope in 2013.

The Big Six: British urban B&Bs

The Pig in the Wall, Southampton

In October, this little piggy was trotted out by the people behind Hampshire's rural sweethearts – Lime Wood Hotel and The Pig in the Forest. The latest plot stands in a 15th-century wool house in Southampton's medieval walls, with the same rustic feel as its sister properties, but fewer rooms (just 12 this time) and no formal restaurant. Instead, breakfast is served before an open fire in the lounge and a free transfer is available to whisk guests to dinner at The Pig in the Forest.

The Pig in the Wall, Southampton, Hampshire SO14 2AZ (023-8063 6900; thepighotel.com). Doubles from £115. Breakfast £10pp.

Editorial: Mr Obama wins, with or without a budget deal

The broad principles of a long-term solution to the US budget deficit are clear

Finance Bill - reactions from the property world

The Government's tax change announcement has met with a mixed reaction from estate agents

Diageo calls time on Jose Cuervo talks

Drinks giant Diageo has called time on its bid to buy Mexico's Jose Cuervo tequila brand, ending year-long talks.

Page 3 Profile: King Bhumibol Adulyadej, The grand old King of Thailand

The only monarch older than Queen Elizabeth II?

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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...'

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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
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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?