Chuck Prince, Citigroup Total remuneration: £77.5m (since 1999 or during length of service) Bank market capitalisation (August 2007): £114.8bn Bank market capitalisation (now): £13.0bn Credit crunch hits (since August 2007): £140.6bn Photograph: Yoshiko Kusano/EPADemocratic presidential candidate Barack Obama has written to Tesco chief executive Sir Terry Leahy to urge the UK grocer to start talks with a US trade union over workers' rights at its new California-based businessPhotograph: David McNew/GettyThe world's largest mining group, BHP Billiton, is seeking to take over its rival Rio Tinto in a deal that would catapult it to a market valuation of about $360bn (£170bn), bigger than Microsoft and equivalent to the gross domestic product of Ukraine. Read the articlePhotograph: AP
The auction house Sotheby's suffered an almost 40% slump in its share price yesterday in the wake of a disappointing sale of Impressionist and modern art, prompting speculation that the art market bubble is starting to burst. Vincent van Gogh's landscape, Wheat Fields, possibly his last finished work, painted in 1890 two weeks before he committed suicide, was left unsold. Read the articlePhotograph: EPAPetroChina became the world's first trillion-dollar company after shares in the business almost tripled in value on its flotation on the Shanghai stock market. Pictured is the company's chairman, Jiang Jiemin. Read the articlePhotograph: Mike Clarke/GettyMarks & Spencer has announced a new push into India and China on the back of better-than-expected results for the last six months. Read the articlePhotograph: PRThe oil price will shoot back through $100 a barrel as soon as economic conditions return to normal, and will break through $200 threshold by 2030, say officials at the International Energy AgencyPhotograph: Pablo Krisch/APBritain's car dealers are facing their toughest trading conditions for many years in the face of economic uncertainty, slumping consumer confidence and ever decreasing disposable income, according to a new report. Read the articlePhotograph: Sascha Schuermann/GettyThe Bank of England, headed by governor Mervyn King, has been lobbied by high street banks to extend the special liquidity scheme, put in place this spring to help free up money markets which have been frozen by the credit crunch. The Bank said the scheme was going according to plan and some of the urgency had diminished in terms of banks needing to access it. Read the articlePhotograph: Bruno Vincent/GettyGlobal banana companies supplying the UK, such as Chiquita, are using tax havens to avoid paying tax on their profits here and in developing countries. Read the articlePhotograph: Kent Gilbert/APBagless vacuum cleaner pioneer Sir James Dyson picked up a £59m salary and dividend payout after seeing profits soar by nearly a fifth. Read the articlePhotograph: Stefan Rousseau/PA
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