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Silverjet flying on empty as finances hit red

Silverjet, the troubled business class-only airline, was continuing to take bookings this morning even though it has yet to receive critical new financing.

City welcomes smooth handover at Vodafone

Vodafone received praise from the City today for unveiling a smooth handover at the top of the company, as Arun Sarin, the chief executive, said he would step down in July in favour of Vittorio Colao, his deputy.

US house prices in sharpest fall for 20 years

American house prices are collapsing almost five times as quickly as the last US recession in 1991, with losses expected to double before any recovery begins, new data showed today.

Food diary: Cairo

A look at the average weekly diet of a family in northern Cairo

Guardian Daily podcast: world food crisis and German spying

In our daily show Mike Duran hears about Gordon Brown’s plan for the world food crisis, Germany’s spying scandal and the flat-pack Olympics

Call for watchdog to monitor peacekeeper child abuse

A global watchdog should be urgently established to monitor sexual abuse of children by peacekeepers and humanitarian workers, a leading aid agency said today

Chris McGreal on how one family is coping with food price crisis

As world leaders will meet next week in Rome to discuss the food price crisis, Chris McGreal reports how one family is coping in Cairo

Laurence Booth on England's victory in the second test

Laurence Booth reports from Old Trafford on England's surprise victory in the second test

Burma cracks down on opposition as Suu Kyi release deadline looms

More than a dozen members of the main opposition party are held as the junta faced a deadline on whether to free Aung San Suu Kyi

Julian Borger on how Barack Obama wants to be better friends with Britain

Julian Borger reports that presidential candidate Barack Obama told supporters he wants a fairer 'special relationship'

Other news

Minimum wage increases by 3.8%

The UK minimum wage is to rise by 3.8% from October to £5.73, in line with an increase in average earnings but slightly lower than prevailing retail price inflation

M&S staff bonus halved as profits top

Store staff at Marks & Spencer have seen their bonus payout halved this year, despite profits at the retailer hitting

Iraqi neighbours rise up against al-Qa'eda

Khalil Mohammed Abbas, a haggard, chainsmoking ex-Iraqi army officer, has good reason to puff on every cigarette as if it were his last.

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