crude oil
Middle East leaders cornered by subsidies
Governments in the Arab world fear social unrest if they cut expensive energy top-ups, but economic pressures may force them to do so
Prokhorov in talks to sell Polyus stake
Tycoon in talks with buyers to sell his near-$4bn stake in the Russian gold miner, a move that could pave the way for further industry consolidation
Cable told he needs cabinet onside
Business leaders welcome Vince Cable’s industrial strategy, but warn that cabinet colleagues and Whitehall must co-operate to make it a reality