J&J nears deal for cancer drugmaker

Pharmacyclics bid of more than $17.5bn would be biggest bet on biopharma

Health reforms face Supreme Court test

Opening arguments show justices split over US legislation

Turkey’s lira slides amid Erdogan attacks

President suggests central bank governor under foreign influence

Fridman given week to save gas deal

Energy secretary ‘willing to consider further representations’

2009 crisis saw gallows humour at the Fed

Talk of piggy banks and trophy wives lightened the mood

Strike grounds Norwegian Air Shuttle

Pilot pay dispute coincides with long-haul operation launch

Farfetch fashion

Luxury website Farfetch valued at $1bn

Online retailer is latest London start-up to lure big US tech investor

Numbers fall off StanChart’s scoreboard

Investors puzzled by noble gesture to waive reward for failure

Paris looks to EDF to aid flagging Areva

Nuclear engineering group’s €4.8bn loss adds to pressure for deal

China seeks 10% rise in defence spending

Beijing aims to narrow ‘gap’ with potential enemies

Brazil Senate President Renan Calheiros, leaving the Congress Building after the session, he is accused to being involved in process of corruption. Calheiros was absolved today during session of the Federal Senate. Brasilia, Brazil on September 12,2007. Photographer: Adriano Machado/Bloomberg News.

Petrobras scandal derails Brazil austerity

Fiscal measure blocked after attorney general probes 54 politicians

Comment and Analysis

Life in smog should spur China to action

Long dismissed as a side effect of development, air pollution is now a concern

Why ECB risks running out of ammunition

Constraints lie in 25% issue and 33% issuer limits on bond purchases

Greece in charts: Athens’ uphill struggle

The country faces a huge economic challenge despite bailout deal

Best comments from our readers

"The Spanish Government 'would contribute 13-14% of the new bailout'. If I were a Spanish citizen, I would be livid. After all the austerity, bankruptcies, property collapse, continuing unemployment in Spain - they have to help the Greeks?? They need their money for their own citizens."
By Energy.org on Greece in talks for third bailout of up to €50bn, Spain says


"Let the politicians create the opportunities for other parts of the UK to catch up; not constrain London and force balancing."
By Looking Forward on Disunited Kingdom: London in a world of its own


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