Buffett admits ‘huge mistake’ on Tesco

Shares in ailing UK supermarket chain have almost halved over past year

BoE seeks to curb risky buy-to-let loans

Powers sought to prevent households from overextending themselves

ECB to start asset purchases this month

Draghi reveals details of loan-buying scheme

Lagarde warns of ‘new mediocre’ era

IMF chief says world economy at an inflection point

Wonga to write off £220m of loans

Second setback prompts UK payday lender to consider changing name

Tension mounts in Hong Kong as police mass

Leung nominates chief secretary to negotiate with students

Diekmann to step down as Allianz chief

Departure comes amid turmoil at insurer’s US fund manager Pimco

Autopilots needed for tweeting drivers

Volvo chief says self-driving cars would solve text distractions

Whitehall’s first chief executive appointed

Francis Maude announces bid to open up top jobs to external candidates

Angry Birds maker Rovio cuts 16% of jobs

Finnish gaming company has struggled to find new growth areas

Flag of Nigeria on a background blue sky

Nigeria stops exporting oil to US

African producer feels impact of shale revolution

Norway balks at cost of Winter Olympics

Beijing now favourite for 2022 event but IOC criticises Oslo exit

Comment and Analysis

Business puts its cash behind Republicans

Chamber of Commerce spends $30m on midterms campaign

EU trading reforms threaten upheaval

Move to 2-day trade settlement from Monday problem for unprepared

Patrick McGovern,Scientific Director of the Biomolecular Archaeology Project for Cuisine, Fermented Beverages, and Health at the University of Pennsylvania Museum in Philadelphia....Patrick McGovern, Scientific Director of the Biomolecular Archaeology Project for Cuisine, Fermented Beverages, and Health at the University of Pennsylvania Museum in Philadelphia. Dr McGovern in his office.
©Pascal Perich

A thirst for ancient wine and beer

Patrick McGovern reconstructs what our ancestors drank – for sale as well as study

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