South African miners have cut 35,000 jobs

Restructuring has cost one in 14 workers their job since 2012

Trader set for trial over Libor allegations

UK case will be a crucial test for the SFO

Duda presidential victory stuns Poland

Win may lead to big shift in country’s posture on EU and Berlin

Spanish stocks sink on Rajoy setback

Euro weakened by Greek woes but surge for Shanghai equities

Greeks threaten default on IMF payment

Government cannot raise enough money to pay pensions and creditors

India seeks to tap private gold hoards

Plan to make banks accept metal as a deposit

Marchionne’s call for mergers sparks talk

Several factors stand in way of Fiat chief’s arguments

Warren Buffet listens during a Bloomberg Television Interview in New York, US ©Bloomberg

Brazil economy contracting sharply

Hangover after end of commodities supercycle and credit-led boom

Hanergy secured $200m loan before stock fell

Tycoon pledges millions of shares days before crash

Iran commander warns of Isis threat

General says US doing little to stop jihadis in Iraq

Malone battles Altice for Time Warner Cable

US tycoon’s Charter ready to pay large premium for control

Comment & Analysis

John Nash, economist and mathematician, 1928-2015

Master of game theory who changed the way we look at seemingly wasteful choices

Taking care of the growing silver economy

Extended lifespans prompt businesses to adapt to frail consumers

Brands need to shore up safety pledges

Now, we all collectively do the job Thomas Cook did for his tourists in the 1850s

Best comments from our readers


"I think CDS desensitise lenders/arrangers to credit risk. It's like having a quickie divorce available after a drunken wedding in Las Vegas. Debt should be like a marriage with each party knowing it is to a large extent binding. Without the quickie "out" that CDS offer, credit risk would have been respected more and less credit would have been extended."
By Stuttgart88 on Credit derivatives deserve a revival but only if financiers grow up



"'Voters are, quite rationally, rather ignorant about politics.' Well, indeed. Which is why I always feel slightly uncomfortable when people accuse our representatives of being 'career politicians'. Since governing a developed country is a challenging job, who'd want an amateur politician?"
By Olaf von Rein on Why democratic elections are always flawed


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