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| Blavatnik wins $50m in JPMorgan lawsuit |
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| JPMorgan is reeling from probes over allegations of misconduct, ranging from 'London whale' debacle to manipulation of commodities markets |
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| Ackman to sell JC Penney stake |
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| US to reach 'debt limit' by mid-October |
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| Bazin set for the top job at Accor |
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| Accor's board has been bitterly divided over how aggressively to pursue an 'asset lite' strategy that involves managing and operating hotels |
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| US Treasuries push higher |
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| Loeb fund raises Sotheby's stake |
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| Bo trial exposes the man and his rivals |
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| Prosecutors say that because Bo Xilai has rejected the charges against him and challenged them in court he should be shown no leniency in sentencing |
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| UK markets regulator rejects EU guidance |
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| BATS-Direct Edge merger creates NYSE rival |
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| Poland premier struggles in leadership poll |
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| Poll result is 'cold shower' for PM after only half the members of his Civic Platform party take part and sacked justice minister takes fifth of vote |
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| Netherlands fracking moves step closer |
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| Greenpeace icebreaker leaves Arctic waters |
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| Plan to put third runway in local hands |
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| Apple shakes up iPhone family tree |
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| The new phone, dubbed the 5C, presents the biggest challenge yet as Apple looks to retain the phone's premium feel while increasing market share |
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| Billabong brand deemed worthless |
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| Energy groups in Egyptian strategy rethink |
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| Uralkali chief arrested in Belarus |
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| Nationwide puts SME loans on hold |
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| Syria concerns weigh on Wall Street |
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| Amgen is biggest boost to Wall Street after striking deal to buy cancer drugmaker Onyx for $10.4bn, sweetening its offer made in June |
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| Threat of late US heatwave bolsters grains |
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| Support grows for single currency |
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| Italian mood hit by political tensions |
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| America's Middle East alliances are cracking |
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| US policy rested on its relations with Israel, Saudi Arabia, Egypt, Turkey and the Gulf states but these are now pulling in different directions |
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| In banking, simplicity can be dangerous |
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| Living standards - too big an issue for politics |
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| Microsoft must stop chasing consumers |
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| Could London ever be a city-state? |
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| An appetite for stronger boards |
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| India has struggled with corporate governance, as a result of passive directors and corruption, but there are signs that matters are improving |
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| Leaders must watch and wait more often |
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| Werner Herzog's film for AT&T |
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| Attracting people's attention |