A "sale of the century" is looming after Baugur group went into administration. The Icelandic investor, which transformed itself from a family-owned Reykjavik discount store into a major retail group, filed for protection after its main backer, the nationalised Icelandic bank Landsbanki, pulled the plug Photograph: Sarah Lee/GuardianFrance was paralysed by a wave of strikes with the boulevards of Paris resembling a debris-strewn battlefield. In the UK, a week-long strike over the use of foreign labour at the Lindsey oil refinery in Lincolnshire ended after unions and management agreed a deal that will see an additional 102 jobs offered to British workers on the sitePhotograph: Sipa Press / Rex Features/Sipa Press / Rex FeaturesFacebook intends to offer its 150 million-strong customer database to corporations for market research, in a move likely to infuriate privacy campaignersPhotograph: Chris Jackson/Getty Images
Ryanair chief Michael O'Leary confirmed passengers will be charged £30 if they cannot fit their duty free purchases into their single piece of hand luggage. It could be the most expensive bottle of asti spumante you'll ever buy Photograph: Steve Parsons/PAIt has been one of the more unlikely celebrity endorsements: John Lydon of the Sex Pistols advertising Country Life butter. But Dairy Crest said the campaign, featuring a spiky-haired Lydon, aka Johnny Rotten, had been a great successPhotograph: Country Life Wire/PA Wire/PA PhotosThe Russian airline Aeroflot apologised to passengers on a transatlantic flight after one of its pilots, Alexander Cheplevsky, made such a slurred preflight announcement that passengers, who assumed he was drunk, panicked and forced the airline to replace all three pilots before the plane could take off for New York in December last yearPhotograph: Giuseppe Cacace/AFPWall Street bosses whose banks are being bailed out by the US taxpayer will not be able to earn more than $500,000 (£345,000) a year, Barack Obama warned this weekPhotograph: Ron Edmonds/APHarry Markopolos, a Massachusetts financial analyst, discovered Bernard Madoff's multibillion-dollar alleged fraud nine years ago. This week he lambasted the SEC officials who ignored his warningsPhotograph: Jason Reed/REUTERSA list of thousands who invested with Bernard Madoff was released. Ringo Starr's wife, the actor Barbara Bach, pictured here in the James Bond film The Spy Who Loved Me, is on the list, as is a 'John G Malkovich', although there is no confirmation that it is the famous actorPhotograph: Allstar/Cinetext Collection/Sportsphoto/Allstar/Cinetext CollectionVeteran investor Warren Buffett is injecting £1.8bn into Swiss Re after the Zurich-based reinsurer admitted heavy losses in the financial crisisPhotograph: Philippa Lewis/CorbisOn the same day that President Barack Obama announced a crackdown on Wall Street extravagance, Bank of America announced it was selling some of its corporate aircraft. Three of its own corporate jets and Merrill Lynch's helicopter are now looking for buyersPhotograph: Paul Bowen/Getty Images/Science Faction
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