IMF’s Lagarde under formal investigation

Suspicion of negligence connected with prior political scandal

RBS fined £14.5m over mortgage advice

Only 2 of 164 sales reviewed met standard required

Shell to sell Nigeria oilfields for $5bn

Retreat from region’s oldest industry follows theft and sabotage

Ryanair launches ‘business class’ service

Low-cost carrier targets high-class passengers

Tighter mortgage rules trigger discounts

Two-thirds of owners lowered asking price to sell homes in July

Japan’s TSE acts on apparent media leaks

Exchange seeks to tighten corporate disclosure standards

©Charlie Bibby

Foxtons shares hit despite dividend

Stricter lending rules hurt demand, estate agent chief says

Ukraine promises ceasefire plan for east

Poroshenko’s pledge follows talks with Putin in Minsk

India plans crackdown on securities fraud

Regulator to agree shake-up of insider trading rules

Balfour Beatty portfolio exceeds £1bn

Public-private revaluation released after deal failure

Nespresso to help small coffee growers

Capsule maker among big businesses supporting niche farms

Farage to stand for Ukip in Thanet seat

Johnson pins parliamentary hopes on Uxbridge

Comment and Analysis

Abenomics’ arrows fail to hit their mark

The limits of a weaker yen are becoming more obvious

Watch stress tests for rate rise timing

Regulatory concern for bank health is a constraining factor

Wells Fargo chief turns to Silicon Valley

Stumpf bets on simple approach through technology

Best comments from our readers

"It's certainly true that the model of shareholder control is utterly broken. What Prof Mayer seems to miss is that modern shareholders do not fit the model - they are predominantly financial players rather than investors, interested in short-term share price movements rather than the activities of management or the performance of the company."
By RogC on Opportunist shareholders must embrace commitment


"Merkel is fighting the wrong war. Russia poses a far greater threat to Germany than does Italy's bid for a temporary relaxation of budget rules to ease the pain caused by structural reforms."
By Tribunus Plebis on EU looks to Italy’s foreign minister as foreign policy chief


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