Energy analysis: It is being billed as the next North Sea boom. This week the tentative go-ahead was given for the construction of up to 2000 giant turbines off the coast of Scotland... more
Engineering: Nissan plans to tap capital markets, seek government loans and sell property to conserve cash as it faces its first loss in nine years... more
Energy: Rising stockpiles have outweighed fighting in the Middle East in the oil markets, with crude prices falling for a sixth consecutive day... more
General Motors chief executive Rick Wagoner is said to be personally taking the begging bowl to Washington in a bid for Federal funds to seal a merger with rival Chrysler... more
In his classic 1940 book Where Are The Customers' Yachts?, Fred Schwed Jr takes on the follies of Wall Street in a way never bettered since. By his telling, Wall Street is a kindergarten full of incurable romantics, children who really believe all that guff they spout even as it is being proven spectacularly wrong... more
The Mayor of Tower Hamlets defeated Labour to be elected. Livingstone not only backed him but some of Ken's key players are now at the heart of running the council. Stephen Robinson reports