Britain and the cuts series

Luxembourg drops bid to keep tax list secret

EU Commission widens probe and asks all member states to reveal deals

BASF and Gazprom scrap energy asset swap

‘Difficult political environment’ blamed for failure of German-Russian deal

Aer Lingus rejects bid from IAG

Shares in Irish airline soar amid interest from BA owner

Global stocks bolstered by Fed “patience”

S&P 500 has best day since January 2013

Oil world adjusts to Saudi no-cut gamble

Short-term pressures could hurt Opec members more than other nations

Iraqi Kurds retake besieged Mt Sinjar

Hundreds freed from Isis mountaintop stronghold

Sony hack a US ‘national security matter’

White House debates response to attack by ‘sophisticated actor’

Reliance retainers raise questions in India

Ambani conglomerate paid undisclosed monthly fees to lawmakers

Regulator eases bitcoin licence burden

New York is first to float rules for the fledgling cryptocurrency

Swiss central bank uses negative rates

Action comes after upward pressure on franc

Italy’s president to step down midterm

Giorgio Napolitano praised for steadying hand over fractious politics

Comment and Analysis

Welcome to the world of Big Chocolate

Three companies will dominate processing sector

London May 3, 2011 - Early morning street view off London Blackfriars Bridge, man jogging and man walking with coffee in opposite directions

The rise of running to the office

UK joggers want tax parity with cyclists

High drama looms for high-yield bonds

Next move in market could test central banks’ grip on markets

Best comments from our readers

"Finally the US can have a realistic Cuban policy that offers a real chance of gradually influencing them toward a more open and free society. Opening trade and travel can do that. Holding your breath until you turn blue doesn't."
By MacGrove55105 on US moves to restore relations with Cuba

"No matter how much more oil may be extracted with new technologies, it is still ultimately a finite resource and once used, it ain't coming back. As such, 'alternative' and renewable energy sources make sound sense. Leaving it until the last minute just because oil prices are down at the moment is short-sighted and downright selfish for future generations."
By Worldweary on The Big Drop: Cheap oil burns green energy

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