Telecom Italia, Telefónica battle for GVT

Vivendi receives two offers for Brazilian unit

US probes wave of cyber attacks on banks

FBI explores whether hacking is revenge for sanctions on Russia

US soccer moms sue Fifa

Lawsuit says body failed to protect players from concussion risk

Chipmaker CSR explores sale

UK’s CSR assessing takeover offers from rival semiconductor makers

Privately educated dominate UK’s top jobs

Britain ‘deeply elitist’ says government appointed commission

Russians cool on luxury London homes

Proportion of high-end property bought by foreigners drops 20%

HK anti-graft agents raid tycoon’s home

Investigation launched into staunch critic of Beijing

Pressure mounts on Petropavlovsk debt

Gold miner cites concerns about impact of sanctions on Russia

Lombard Odier posts $68m profit

Swiss wealth manager follows Pictet in revealing earnings

Germany looks at migrant child benefit cap

Public concern pushes governments towards restrictions

Lending Club seeks over $500m in IPO

Peer-to-peer lender likely to be valued at about $5bn

Comment and Analysis

©Ingram Pinn

A chance to turn on, tune in and pay out

Festivals have become big business, while being a respite from the capitalist world

Erdogan’s shadow hangs over Turkey premier

Ahmet Davutoglu faces a treacherous political landscape

Ryanair faces test with Business Plus

Convincing fliers to pay more for a few perks may prove difficult

Best comments from our readers

"It's certainly true that the model of shareholder control is utterly broken. What Prof Mayer seems to miss is that modern shareholders do not fit the model - they are predominantly financial players rather than investors, interested in short-term share price movements rather than the activities of management or the performance of the company."
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