European News

Yukos move signals drift away from law

©Getty A court ruled that Moscow destroyed Yukos through punitive tax claims after dissident oligarch Mikhail Khodorkovsky fell out with the Kremlin As if the difficulties of navigating through western sanctions against Russia were not…


StanChart chief to overhaul culture

Bill Winters , chief executive of Standard Chartered Bill Winters has had almost two months to take a close look inside Standard Chartered. Judging by the comments from the bank’s new chief executive as he…


US drone strikes Syria from Turkey

The drone left from the southern Turkish base of Incirlik tied closely with recent US military operations The US has carried out its first air strike on so-called Islamic State in Syria from a base…


Aircraft wreckage confirmed as MH370

©AFP Police carry a piece of debris from an aircraft now confirmed as MH 370 found in the coastal area of Saint-Andre de la Reunion A piece of aircraft wreckage washed up on a beach…


Plane debris is from missing MH370

Part of aircraft wing found on Reunion island is from missing MH370 plane, Malaysian prime minister says This breaking news story is being updated and more details will be published shortly. Please refresh the page…


SEC rule reveals company chief pay ratio

©Getty Images The SEC chair Mary Jo White US companies will have to disclose the gap between their chief executives’ pay and an average employee’s salary under a new rule that will provide fresh data…


London’s City airport up for sale

©Bloomberg An aeroplane lands at London City airport with Canary Wharf in the background The London airport on the doorstep of the City beloved by corporate executives is to be put up for sale as…


US media hit by ‘cord-cutting’ fears

©Bloomberg America’s largest media companies were hit by a sharp sell-off on Wednesday after Walt Disney revised its growth outlook for its ESPN cable channel and Discovery Communications missed revenue estimates. Media companies are grappling…


Pragmatic Singapore can afford a little poetry

Renewal will mean developing a society where the cultural and political realms flourish ©Reuters One day in 1964 Lee Kuan Yew, Singapore’s founding prime minister, looked out of his office in City Hall and was…


No Picture

A ‘show me the money’ US equity market

Perhaps it is appropriate in a week when Tom Cruise has a big new film out that the US has a “show me the money” stock market. Amid one of the quietest sequences for the…