Eurovision Song Contest: UK could lose guaranteed place in final

The UK could lose its guaranteed place in the Eurovision Song Contest final following criticism that the event is becoming increasingly biased against western European countries. By Leigh Holmwood

Lebanon: Incumbent PM nominated to lead new government

Majority coalition votes for Fouad Siniora to head country's government under newly elected president

Video: China earthquake: Lake drained to ease flooding fears

Engineers dig emergency sluice to empty Tangjiashan lake - the largest body of water formed after landslides dammed rivers

Ahmadinejad rival elected as Iranian speaker

Iranian parliament elects former chief nuclear negotiator Ali Larijani as its speaker

Global food crisis: Rice farming in the Philippines

Banaue, Philippines: As part of our special report on the global food crisis, Dan Chung visits an area famous for its rice cultivation that has been badly hit by the steep rise in food prices

Vodafone's Arun Sarin: Indian boxer who rode the punches and came out on top

Arun Sarin's rise to Vodafone chief was a surprise but his ability to fight his corner enabled him to take the telecoms giant into emerging markets. Jamie Dunkley reports.

Vodafone's Arun Sarin stuns City with departure

Arun Sarin, the chief executive of Vodafone, has stunned the City by stepping down after five years at the helm of the world's largest mobile phone company.

Vodafone's record profits: The numbers in detail

Vodafone's annual profits before interest, taxes, depreciation and amortization climbed 10pc in the year to March to £13.2bn, topping the £13.1bn estimate of analysts surveyed by Bloomberg

Moss Bros shares tumble after Baugur withdraws its offer

Baugur, the Icelandic retailer, has withdrawn its interest in men's clothing chain Moss Bros after recent changes to the shareholder register made it unlikely that Baugur's 42p a share offer would be accepted.

Vodafone's Arun Sarin stuns City with departure as profits hit a record

Arun Sarin, the chief executive of Vodafone, has stunned the City by stepping down after five years at the helm of the world's largest mobile phone company.

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Apax eyes medical products company

Apax Partners, the British ­private equity group, has emerged as one of several potential bidders for ConvaTec, the £2bn wound care business being sold by the US pharmaceutical company Bristol-Myers Squibb.

Citigroup writes off another $15.2 billion and plans 9,000 job cuts$

The credit crunch took a further toll on Citigroup yesterday as Americas largest bank announced an extra $15.2 billion ($

Air France-KLM says oil cost will hit profits

Air France-KLM warned that its operating profit could fall by a third this year after fuel prices surged