Sotheby’s faces second activist attack

Marcato accuses board of ‘wilful neglect’ and demands new finance chief

General tells Nato: expect a Russian attack

Alliance second-in-command in Europe warns of possible escalation

Buffett dons biker gear with German deal

Billionaire says €400m purchase will be a ‘door opener’ in Europe

Emirates attacks Delta chief’s credibility

Escalation of competition row draws in US terror attacks

November 29, 2013. The group is part of a national campaign against the low wages they say Walmart pays its employees, according to the protesters.
©Jeff Haynes/Reuters

Walmart sends wage signal to US business

Other companies may find it harder to respond to rising pressure

Citi docks Corbat’s pay after bad year

Size of $13m-plus award may still stoke criticism from investors

Russia turns to old tunes as VE Day nears

Second world war victory hymn to be launched as free download

US Treasury notes China’s currency shift

Country has ‘essentially refrained’ from intervening, says senior official

Cash floods late-stage tech amid warnings

Investors warn over inflated valuations

Pimco chief economist bows out

Gross colleague McCulley quits asset manager after rejoining

Citizens writedown may wipe RBS profit

Goodwill charge of £4bn could send UK lender into loss

Comment and Analysis

Rahm’s edge cuts both ways in Chicago

Hard-nosed former Obama aide faces tough mayoral re-election fight

Douglas Coupland
©Ken Mayer Studios

Money is fun but it’s also filthy. Literally

Douglas Coupland on efforts to wean citizens off expensive-to-replace paper currency

Bondholders key to bank break-up debate

Debt owners prefer the diversity offered by larger institutions

Best comments from our readers

"OPEC have indeed lost control of pricing because their market share has fallen below the critical level. It was the realisation that they could not affect the market that precipitated the greater part of last year's fall."
By Alan G on Opec has ceded to the US its power over oil price


"Senior managers are the problem. They should know the people who work for them, manage them, and be responsible for them."
By Contrarian on City of London ‘black book’ is called for to track ‘bad apple’ traders


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