Morgan Stanley chief lands $22.5m package

James Gorman gets 25% pay rise for 2014

UK grants asylum to Russian dissident

Anti-corruption crusader Vladimir Ashurkov fled to the UK last April

McDonald’s to raise wages for US workers

Rise of at least $1 an hour follows Walmart’s move to lift pay

Labour says critics part of Tory campaign

Party says newspaper letter ‘plays into our hands’

Lufthansa struggles in crash aftermath

Carrier faces rising competition and falling revenues

Wealthy lose taste for London restaurants

City loses out in ranking by private jet passengers

Clegg at risk of losing seat, says poll

Lib Dem leader is two points behind Labour rival

Disorderly Iran nuclear talks falter

Diplomats say US deadline of end of March disadvantaged them

US to impose sanctions on cyber attackers

Obama says infrastructure and data threat is ‘national emergency’

Productivity weakness worsening, says ONS

Absence of growth unprecedented in postwar period, says watchdog

Shankar quits StanChart to set up PE fund

Lender’s head of Emea plans to start his own venture

Comment and Analysis

Emerging markets: The great unravelling

Developing economies are suffering their biggest capital outflows since the financial crisis

Asos faces margin pressure

Group is operating in a tougher environment

Lib Dems nervously eye post-election future

SNP could emerge as third force at Westminster

Best comment from our readers

"It boils down to competition for resources. When they are ample civility prevails, when not there is a scramble with no regards to rules and fairness. An example: when there is enough seating in the bus, people observe queues and when not there is a rush to enter first.."
By Trutheludes on Stop, look and listen to the unwritten rules of life in China

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