Gordon Brown's most senior cabinet minister, tried to quell a Labour mutiny against the UK prime minister as the party went into convulsions after its shock by-election defeat

Citigroup will pay Michael Klein more than $42m in cash and stock after the high-profile banker decided to leave the financial services group and pledged not to work for a rival until October of next year

Four past and present BA executives to be charged with price-fixing in prosecution that will send tremors through companies

Bernard Matthews is seeking to re-invent itself as a healthier brand after being demonised by the middle classes for its unhealthy Turkey Twizzlers

Hedge funds are having their worst month in eight years after popular bets against banks and in favour of rising commodity prices went badly wrong

The Rolling Stones have abandoned EMI, the British recording label that has been their home for most of the past 30 years, for American rival Universal Music

Barack Obama looked on course to leave a positive impression in Europe and bolster his bid to enter the White House, in spite of questions over the substance of his message

Faddish footwear looked set to be the latest victim of the slumping economy as investors dumped shares in Crocs, a maker of plastic sandals

EDF is close to agreeing a takeover of nuclear generator British Energy for more than £11bn (€14bn) in a deal that could be announced as early as next week

Laying out their case with e-mails and telephone recordings, US regulators filed charges against Optiver Holding for allegedly manipulating energy futures prices