Turning land over to biofuels is a recipe for disaster in developing countries, argues John VidalPhotograph: CorbisGaz de France is to invest about £350m in a 30-year deal to develop Britain's second-largest gas storage facility in salt caverns in the north-west of EnglandPhotograph: Jacques Brinon/APGiles Thorley (left), chief executive of Punch Taverns, has a total salary package of £11,276,000 - a huge 1,148 times the average salary of the group of £9,821, the second lowest of any FTSE company.Photograph: Jason Alden/Newscast
Online gambling group PartyGaming recorded a $47m (£23m) half-year loss as it continued to rebuild in the wake of US legislation last OctoberPhotograph: Graham Turner/GuardianJohnnie Walker and Smirnoff firm Diageo has recorded another year of sales growth in America. Pictured: Chairman Paul WalshPhotograph: Jason Alden/NewscastWet weather has helped offset the smoking ban at bingo-to-casino group Rank as punters have taken advantage of outdoor gambling facilities.Photograph: Gabriel Szabo/NewcastShell has run into trouble over another big oil project in the former Soviet Union with the government of Kazakhstan halting development of the Kashagan field alleging environmental violationPhotograph: Tengku Bahar/GettyShares in Barclays dropped sharply after a report that the bank had been left with hundreds of millions of dollars worth of exposure to the crisis-hit US mortgage marketPhotograph: Martin Godwin/GuardianNokia threw down the gauntlet to Apple's iTunes with its own downloadable music service.Photograph: PRCroc shoes are such a cult hit that their manufacturer is launching a plastic-inspired clothing range.Photograph: David Silverman/Getty
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