Halliburton seals $1.1bn Gulf spill settlement

Includes 2012 agreement BP reached with local businesses

Katharine Weymouth steps down as WaPo publisher

Fred Ryan, former Reagan administration official, first CEO of Politico, replaces her

Cantor nets $1.4m Moelis sign-on bonus

Ex-Republican leader to be paid at least $2m annually at bank

Uber hit with Germany ban

App-enabled taxi service faces fines of up to €250,000

RAC van

Quindell and RAC unravel car venture

Aim-quoted company to take full control of ‘black box’ operation

Uproar forces Myanmar contract U-turn

Yangon about-face over plan to hand unknown company $8bn deal

Great Barrier Reef dumping plan scuttled

Port developers change tack over disposal of dredged soil near natural wonder

Ukraine signals de facto war with Moscow

Army abandons its defence of Lugansk airport

Johnson refuses to accept airport defeat

London mayor slams decision as ‘smokescreen’ for Heathrow U-turn

Modi chides China as he embraces Japan

Summit with Abe seen as part of effort to counterbalance Chinese influence in Asia

Premier League spending hits new high

Summer football transfer outlay breaks £800m

Comment and Analysis

Nixon, back from dead, helping NuSkin

JP Morgan’s ‘Richard M. Nixon’ signs off on debt covenant

QE would end EU financial fragmentation

Bond purchases by ECB would eliminate yield differences, writes Gene Frieda

Putin will not cut off Europe’s gas

The EU could weather the winter without importing Russian energy, says Matthew Bryza

Best comments from our readers

"The win-win solution is surely to force banks to become unlimited liability partnerships as they used to be. Bankers can pay themselves whatever bonuses they like, free of regulatory oversight and public opprobrium as long as the bank remains solvent."
By Raconteur on Financial reforms will make the next crisis even messier


"Well, it's not as if anyone couldn't have seen this one coming! Money is money after all, and just because it's labelled one thing in a regulation, that doesn't mean it can't be labelled something else by someone trying to get around the regulation."
By Harry Roberts on Citi pays allowances to avoid bonus cap


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