Principal content
Socialists clash over ‘anti-Sarko’ pact
Ségolène Royal, the French Socialist presidential candidate, is struggling to contain an acrimonious dispute within her party over whether to join forces with François Bayrou, the centrist candidate, to thwart Nicolas Sarkozy, the centre-right frontrunner.
33 killed in US campus shooting
Bush ‘horrified’ by rampage at Virginia Tech
AT&T quits Telecom Italia talks
Negotiations founder over uncertainty
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Lex
Aim and profits warnings
There is no shortage of detractors taking shots at London’s junior stock market these days.
Columnist
Prince’s last chance to steer the ship

Citigroup has suffered from instability and internal division for the past five years and it could do with a period of calm, writes John Gapper.
Comment
Ownership is not the real problem with China

It is hard to look at China’s foreign direct investment record and conclude that its practices are scaring away investors, writes Alan Beattie.
The fiscal fallacy of decoupling from America

In a globalised world there are more channels that can spread disaster. Trade is no longer the most important, writes Wolfgang Munchau.