8:46pm

Judges grill Lagarde over €400m pay-off

International Monetary Fund head Christine Lagarde smiles as she arrives at the French Republic Justice Court on May 23 2013 in Paris, for a hearing to determine whether Lagarde should be charged over the Tapie case for complicity in fraud and misappropriation of public funds when she was French finance minister in 2007-2008. ©AFP

Authorities probe IMF chief’s role in 2008 arbitration process

A burned-out van is towed away after youths rioted in Husby, northern Stockholm on May 21, 2013 ©AFP 8:05pm

Stockholm rioters vent fury on police

Husby residents say racial tension has been growing for years

German SDP chairman Sigmar Gabriel, French president François Hollande and German federal president Joachim Gauck arrive at the Gewandhaus concert hall in Leipzig, eastern Germany ©AFP 5:14pm

‘Courageous’ German reformers praised

French president speaks as SPD marks 150th anniversary

3:00pm

Italy’s Democrats fracture over future

Divisions threaten to undermine prime minister Enrico Letta

Firefighters extinguish a burning car, following riots in the Stockholm suburb of Kista ©Reuters 9:01am

Stockholm sees fourth night of violence

Cars set alight in several suburbs of the Swedish capital

a waitress using a whistle to free her way while carrying traditional one-litre "Masskrug" beer mugs ©Reuters From COMPANIES 8:02pm

Dispute brews up over German shale search

Brewers fear pollution of their pure water sources by fracking

From GLOBAL ECONOMY 7:37pm

Faultlines emerge on EU-US trade pact

European Parliament backs demands to exclude cultural fare

Michel Barnier ©Wiktor Dabkowski BRUSSELS 6:39pm

EU rushes out tax transparency law

Brussels seeks country-by-country profit figures

From MARKETS 5:42pm

Petrobras looks to issue bonds in euros

Move follows strong demand for $11bn offering

A worker cleans solar panels on the roof of a building in Taiyuan, Shanxi province December ©Reuters From ASIA-PACIFIC 4:42pm

Chinese solar industry seeks tariff deals

China’s manufacturers face punitive charges from EU and the US

From GLOBAL ECONOMY 3:56pm

Business presses Rome for industry reform

Confindustria said growth would stay below 0.5% without measures

BRUSSELS 1:22pm

Brussels puts olive oil jugs back on the table

Move follows public outcry over perceived bureaucratic over-reach

May 22, 2013

Eurozone seeks ‘Tobin tax’ incentives

Officials look to ease levy collection so it is harder to sidestep

May 22, 2013

Vatican watchdog reports suspect transactions

First sign new pope trying to bring Holy See into financial line

May 22, 2013

Swedish riots stir debate on immigration

Three nights of rioting spread across a dozen suburbs of capital

From COMPANIES May 22, 2013

Brussels to tighten bank bailout rules

Investors would suffer heavier losses under new controls

FT Alphaville from MARKETS May 22, 2013

FT Alphaville: Swiss negativity, free lunches and the IMF

May 22, 2013

Q&A: Multinationals, Ireland and taxes

Why and how Dublin has become so attractive to multinationals

May 22, 2013

Iceland suspends EU accession talks

New coalition government to focus on household debt

From GLOBAL ECONOMY May 22, 2013

Seoul warned over trade agreements

Foreign groups blame tough regulations for hindering competitiveness