Buffett admits ‘huge mistake’ on Tesco

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

Wonga to write off £220m of loans

UK payday lender looking at changing name

Brent oil retreats to 28-month low

US crude also drops below $90 for first time since April 2013

Moscovici endures torrid EU hearing

Centre-right MEPs turn on France’s Socialist ex-finance minister

China backs HK leader over tear gas

Beijing accuses protesters of creating ‘chaos’

Virgin Money pushes ahead with IPO

Newcastle-based lender to join ranks of listed ‘challenger banks’

Rocket Internet fizzles on market debut

Shares open flat on initial offer price before dipping rapidly

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

IOC hits out as Norway pulls Olympic bid

Oslo exit leaves only Beijing and Almaty in race to host 2022 winter games

Facebook apologises to drag queens

Users locked out for using pseudonyms instead of real names

Comment and Analysis

EU trading reforms threaten upheaval

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

Silencing Hong Kong would harm democracy everywhere

China’s attitude to the Occupy Central movement highlights a changing policy, writes Wang Dan

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

Best comments from our readers

"Maybe the regulators should make it a condition of banks' participation in these lucrative markets that they do report, and accurately."
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