Danny Alexander in spotlight over tax loophole

The new Treasury chief secretary, Danny Alexander, avoided paying capital gains tax on the profit he made from his taxpayer-funded second home in London, it was claimed last night.

Hurt Locker producers sue 5,000 over digital piracy

The Hurt Locker won six Oscars, including Best Picture, but earned only $16.4 million (£11.3 million) at the US box office, making it one of the least commercially successful winners of the top prize in the modern era.

Spend Save Man Woman

Far from being lauded as a virtue, China’s high savings rate has been blamed for the economic imbalances underlying the global financial crisis. The criticism being that the Chinese spend too little and rely too much on exporting to Western consumers.

S.Korea, Japan fail to persuade China to censure N.Korea

China resisted pressure Sunday from South Korea and Japan to censure North Korea publicly for the sinking of a warship, calling only for regional tensions over the incident to be defused.

Colombia presidential vote heads for runoff

Colombia’s presidential election was headed for a runoff after none of the candidates received more than 50 percent of the vote, election officials said.

What to Expect From Apple’s iPhone-centric WWDC 2010

News outlets may have spoiled the big surprise for Apple’s upcoming Worldwide Developers Conference by publishing early photos and details of the next-generation iPhone. Nonetheless, in a recent e-mail, Steve Jobs promised a customer that “You won’t be disappointed” by the announcements to come.

Shared accommodation: Let’s stick together

Shared accommodation in a clean, spacious, modern house is an alternative to buying a poky pad and living alone. Charlotte Metcalf meets a landlord carving out a niche in a tough market .

The sole of fashion

Terry De Havilland, the ’sole’ of fashion receives lifetime achievement award.

BP rushes new plan to stem Gulf oil leak

BP engineers scrambled to implement another high-risk plan to stem the devastating Gulf oil spill now being described as likely the worst environmental disaster in US history.

Judge Urges Resolution in Use of Obama Photo

A federal judge on Friday encouraged the parties involved in a dispute over Shepard Fairey’s “Hope” poster of Barack Obama, which is based on an Associated Press photograph, to come to a resolution, suggesting that The A.P. was likely to prevail in court.