Léon-Robert de L’Astran, an 18th-century shipowner, was praised for his noble refusal to participate in the slave trade. Sadly, however, it seems that he existed only as an internet hoax — duping Wikipedia, the online encyclopaedia, for three years, along with Ségolène Royal and others.
Britain’s financial technology (fintech) sector has its first billion-dollar business. The crowdfunding platform Funding Circle’s announcement last week that it had completed a $150m fundraising means the business, launched less than five years ago, is now valued at $1bn – and the financing round was over-subscribed.
First-time buyers would be exempt from stamp duty when buying homes for less than £300,000 under a Labour government, a move the Tories say is "panicky and unfunded".
Death toll passes 3,200 as UN says more than 40% of the country has been affected by 7.8 quake
Senior lawyers and accountants said the US would try to block such a move out of concern over Chinese influence on the bank as it has major US operations.