The PassportBy Herta MüllerTranslated by Martin ChalmersSerpent's Tail £7.99, 93 pagesFT Bookshop price: £6.39Herta Müller,

Gordon Brown used to say that there were two types of chancellor: those who get out in time and those who end in failure.

Demands for higher capital at financial companies and a growing risk of national protectionism will raise the costs for

One night in New Orleans, in 1992, I was on my way home from a movie when saw a guy with a gun walking in my direction. I

...and Morrison on 12.6. The latter two look best placed to outperform from here.BACKGROUND NEWSJustin King, chief executive of J Sainsbury, has shrugged off research suggesting that the supermarket chain's sales growth was now lagging its three biggest competitors...

...devices, consumer health and pharmaceuticals.In recent weeks, J&J took minority stakes in Crucell and Elan , two businesses that...says.The market, he says, has recognised the benefits of the J&J model in softening the impact of patent expiries and research...

Demands for higher capital at financial companies and a growing risk of national protectionism will raise the costs for

Gordon Brown used to say that there were two types of chancellor: those who get out in time and those who end in failure.

...partners while pursuing unfocused investments that culminated in the pilloried last-minute failure to complete the acquisition of J Sainsbury.Then the financial crisis came last year, allowing the fund to slow down and rethink its strategy. As global markets...

...way out of the country, generating valuable revenue for international banks that advise on these investments, such as stakes in J Sainsbury, Volkswagen-Porsche and Barclays. Bankers also hope Qatar's benchmark sovereign bond issuance this year will spur more...