Executive pension tax breaks face axe

Senior directors already plan to reorganise retirement savings

FAA cleared Virgin Galactic despite fears

Regulator issued waiver to rocket project before crash

Jones quits as Santander UK’s CFO

Delay in planned listing of British subsidiary blamed

Twitter shares slide on user concerns

Co-founder Jack Dorsey flags concerns over audience growth

Gazprom production set for post-Soviet low

Russian group buffeted by declining demand in Europe

Let debtors exit euro, say German experts

Move should be option of last resort, says council of ‘wise men’

HeidelbergCement takes over Italcementi

€1.7bn deal marks latest round of sector consolidation

China stems equity rout with state buyers

Large inflows of Beijing-directed capital limit fall in Shanghai

Stephen Hester

Zurich raises prospect of clean RSA exit for Hester

Swiss takeover would offer chance to build onex-RBS chief’s overhaul

How to read the Fed committee’s statement

Upbeat Wednesday meeting could suggest a September rate rise

Exploration well, Taq Taq

Kurdistan cash squeeze tests oil groups

Genel, Gulf Keystone and DNO owed hundreds of millions of dollars amid Erbil-Baghdad dispute

Comment & Analysis

Garden Bridge

Cities need boring bridges not baubles

The new crop of crossings are expensive follies not real infrastructure, writes Edwin Heathcote

Maximilian Bittner CEO Lazada Group
©Rony Zakaria

Rocket satellite Lazada gains altitude

Web retailer expands in Southeast Asia with backing from Berlin

Microsoft aims to woo with Windows 10

Adoption of newest generation of software is critical for the company after several flops

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"It must be plain to the signatories that a ban cannot work: such is the value of these weapons that rogue researchers, corporations and governments would for carry on in secret regardless of any 'ban'. The only defence we have is to get it all out in the open - not drive it underground. And on that basis raising the profile of the matter in this way is a good thing."
By TechAnalyst on Tech leaders warn of killer robot arms race

"Off-balance sheet transactions got us where we are with the banking crisis. They should be banned."
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