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BP seeks lower penalty for 2010 oil spill

Group says disaster payout should reflect crude price fall

Watchdog hits PwC with two probes

Investigation relates to audit clients Tesco and Barclays

Industry attacks graduate visas proposal

Tories consider pledge to make students leave after courses end

Britons shift spending towards luxuries

Low inflation and grocery price war enable splurge

The fat lady sings for Earl’s Court

Demolition work starts on classic 1930s’ venue

Pakistan court halts militants’ executions

Lawyer says client was not provided details on death sentence

TEHRAN, IRAN - DECEMBER 17, 2014: Ali Shamkhani the secretary of the Supreme National Security Council of Iran. (Photo by Kaveh Kazemi)
©Kaveh Kazemi

Iran will not seek diplomatic ties with US

Nuclear negotiations stand alone, says top security official

Kingfisher sells 70% stake in China B&Q

Latest in a string of reversals for foreign retailers

Sebsi claims victory in Tunisia election

Opponent refuses to concede defeat until official results

Afren
C te d Ivoire: Gulftide Production Facility
PR images from Afren Press Website

Seplat and Afren in talks over oil merger

A deal would create a $2.8bn Nigeria-focused energy group

Record number of rich Russians head to UK

Investor visas up 69% this year as Moscow economic woes worsen

Comment and Analysis

Winning White House race will cost $1bn

A crowded field is already jostling to replace Obama in 2016

A guest looks towards the Teton Mountains from the Jackson Lake Lodge in Teton National Park near Jackson Hole, Wyoming, U.S
©Andrew Harrer/Bloomberg

A year in a word: Peak

The humble word has become a fully-fledged ‘thing’, writes Jonathan Ford

On Cuba, no side has got it right

It is strange that the island is still a focal point of US foreign policy, says Cardiff Garcia

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