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ISIS claims beheading of Japanese hostage

Japan’s government lashed out as a new image claimed to show ISIS beheading a Japanese hostage.

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Davos: Land of the $43 hot dog and $55 salad

In the wake of the franc’s surge, some of the food prices around town in Davos are proving to be a little hard to stomach.

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Bankers can’t improve ‘behind a prison cell’: CEO

Global leaders are at odds over whether the financial sector has learned its lesson since the crisis.

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Ukraine bailout ‘credibility’ boost

Ukraine’s new finance minister Natalie Jaresko says a proposed bailout package from the International Monetary Fund will be “sufficient to rebuild credibility” in the country’s economy.

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Concern over pension advice service

A leading pensions expert says the government’s new pension advice service will not be properly staffed by the launch date of 6 April.

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Relax—it’s all under control, officials tell Davos

The global movers and shakers at Davos had a message as the conference ended on Saturday: It’s not that bad.

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ECB warns over “weakened” EU project

A top official at the European Central Bank warns that unemployment and low growth are undermining the European Union.

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Goldman Sachs urges UK to stay in EU

The president of Goldman Sachs says Britain should stay in the EU to ensure London remains a “great financial capital of the world”.

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IAG increases offer for Aer Lingus

The owner of British Airways and Spain’s Iberia has increased its takeover bid for Aer Lingus, say sources. The Financial Times reports.

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Volkswagen to recall 80,000 Audis; 35,000 in China

German car maker Volkswagen AG will recall 80,000 cars from its luxury division Audi, with around 35,000 of the affected vehicles from China.