Norway's oil fund shakes up top management

Move follows criticism over its investment in Formula 1

Balfour Beatty rebuffs Carillion again

Shares fall 5.4% after rejection

Isis claims to behead captive US journalist

White House yet to verify video showing James Foley

Russian market woes hit Carlsberg

Danish brewer’s shares fall after second profit warning this year

Ballmer leaves Microsoft board

Former chief executive to keep his 4% stake in software group

Apple shares close at record high

Stock ends day at $100.53 on anticipation of product launches

Argentina proposes voluntary debt swap

Plans aimed at evading US court ruling

StanChart hit by high-risk client ban

Bank to pay $300m in settlement with NY banking regulator

St Louis police kill knifeman

Incident less than four miles from scene of Ferguson shooting

China sets first fines in car sector probe

Two Japanese parts makers ordered to pay Rmb294m in penalties

Salmond addresses currency conundrum

SNP proposes alternatives if Scotland loses pound

Comment and Analysis

Innovation disrupted by warring gurus

The use of hindsight to reformulate a question so it validates one’s original thesis is widespread

BHP Billiton

BHP Billiton: imperial overstretch

Miner should not to be too timid in breaking apart its empire

Microcapitalists lurking in China’s midst

Gone are the bad old days in China when ‘landlord’ was a dirty word, says Patti Waldmeir

Best comments from our readers

"QE should be the shock absorber to the short term pain of structural reforms. Cheap money and a weaker euro will reduce the pain for electorates, allowing politicans to enact reforms. The caveat being that the structural reforms do need to be done, otherwise the exercise is futile."
By sedrans on The Fed’s regimen will not remedy Europe’s ills


"Just make bosses culpable. Anyone who gets a certain percentage more than his subordinate should be made responsible for all ill effects of his/her assistants' overwork. You cannot have a society where 50 per cent or so youth are unemployed and others are underemployed, while some are forced to overwork to the detriment of their health."
By gianovich on Strategies for calling time on long hours


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