Principal content
Libby found guilty in CIA leak case
Lewis ‘Scooter’ Libby, the former chief of staff to Dick Cheney, the US vice-president, was convicted on four of five counts of perjury and obstruction of justice.
Greenspan at odds with Fed over recession
Former Fed chief risks renewed controversy
Google chief dismisses criticism from rivals
Schmidt calls comments a form of negotiation
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Beijing fears virtual money’s real influence
Renewed crackdown on internet use
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Minister raises hopes of Virgin and BA
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Police: 257 dead or wounded
Restructuring hurts France Telecom
Dividend stable despite fall in profits
ECJ rules Italian gambling barriers illegal
Betting companies hail landmark ruling
Citigroup offers $10.8bn for Nikko Cordial
Largest-ever foreign deal for Japanese company
French Airbus workers strike against job cuts
Electoral pressure to save French jobs
Lex
European railways
Even if you’re on the right track, you’ll get run over if you just sit there. With privatisation of Europe’s railways proceeding at a snail’s pace, governments should remember this axiom.
Markets
Subprime lending

Why all the worry about subprime lending in the US? Bad defaults in the sector, which only accounts for about 8% of US mortgages, could force defaults on instruments that investors thought were almost as safe as Treasuries, writes John Authers.