ProSieben and Springer end merger talks

Governance issues scupper discussions to create €14bn media group

Lagarde downplays China stock jitters

Chinese economy is ‘resilient and strong’, says IMF chief

West eyes Dr Strangelove cyber strategy

Need for clearer offensive posture gains popularity

Alibaba to invest $1bn in cloud computing

Chinese ecommerce group looks to replicate success of Amazon

Platini unveils bid for Fifa presidency

Pledge to restore the ‘dignity’ of football’s governing body

Chinese prosecutor in Gu trial found dead

Man Mingan played main role in murder case against Bo’s wife

Liquidity worries reach US Treasuries

Bond funds face spike in redemptions as rates increase

Young woman reading book, sitting behind wooden balustrade on beach

Man Booker longlist released for 2015

US novelists outnumber Britons among finalists for UK award for fiction

Dorsey takes aim at Twitter sacred cows

Issues with approachability and accessibility have slowed growth

Lone Star to buy Quintain in £700m deal

Latest UK property investment for Dallas-based private equity firm

Nokia VR camera

Nokia launches virtual reality camera

Company unveils first real-time professional VR equipment

Comment & Analysis

Factor investing proves useful to some

Blends of momentum, value and volatility stocks will not yet oust portfolios balanced by sector

Rugged coast of Sark, Channel Islands

A taxing and complex Channel Islands tale

Guernsey says Sark links led to unfair tax blacklist inclusion

How to read the Fed committee’s statement

Upbeat Wednesday meeting could suggest a September rate rise

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"There's also the Keynesian view, where while saving (and hence lending) may be virtuous for the individual, especially if they have dependents, it's harmful for the wider economy. An extreme version sees excess savers as sucking the life out of the economy, while debtors are heroically taking risk onto themselves, which raises demand for the benefit of all."
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