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Star fund manager of 2013 falls to earth

Michael Aronstein’s fund drops 13% and faces redemption requests

Kiev and rebels swap prisoners

Talks aimed at full ceasefire are called off

Sony and Microsoft games hit by outages

Hackers claim responsibility for Christmas Day network disruption

Archbishop of Canterbury has pneumonia

Anglican leader misses traditional Christmas Day service

Fire engulfs Libya’s largest oil terminal

Facility shut down as Islamist militias seek to seize control

North Korea farce packs US theatres

Controversial film ‘not actually a serious comedy’

City Link falls into administration

About 2,700 jobs at risk as owner Better Capital fails to find buyer

Oil price plunge raises producers’ fears

Roots of collapse lie in the US shale oil boom

Banks’ most expensive year on record

Total of fines and legal settlements equal to Croatia’s GDP

Nestlé vows to make healthier products

Swiss group boosts R&D on alternatives to sugar and salt in food

Obama hopes for change in Cuban Florida

Detente with the Castros reshapes politics in the swing state

Comment and Analysis

Christmas returns: where’s the jingle?

Pearls and classic cars are the gifts that keep on giving

Pope takes on the Catholic bureaucracy

The Argentine Jesuit’s reformist zeal is matched by steely pragmatism

Ecommerce: a difficult model to drive

Delivery groups’ shares look low yield and expensive

Market-moving news and views, 24 hours a day

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