FT

The Israeli and Palestinian leaders agreed to negotiate a “framework” for peace talks and to hold a second direct meeting in two weeks’ time

Wheat prices have risen further in the wake of Russia’s decision to extend its grain export ban by 12 months, raising fears about a return to the food shortages and riots of 2007-08

The board of Burger King has agreed for the Miami-based fast-food chain to be taken private for the second time in its history, after accepting a $4bn bid from 3G Capital

Hewlett-Packard won the bidding battle for data storage technology company 3Par after Dell said on Thursday it would not raise its offer and was ending talks

Ben Bernanke, Federal Reserve chairman, expressed regret for not being “more straightforward” with Congress in 2008 when he avoided saying that the central bank had no means to save Lehman Brothers.

Burger King has agreed to be acquired by 3G, an investment fund backed by three of Brazil’s foremost businessmen, in a deal valued at $4bn including debt

New claims for jobless benefits in the US fell last week but still remain above the level economists say is necessary to create jobs

Foreign companies are losing market share in China across a broad range of industries because of discriminatory treatment by the government and regulators, according to the European Chamber of Commerce in China

A division of Italy’s Fiat group is recalling all 1,248 cars of the 458 Italia model after reports that five of the supercars caught fire because of glue in the wheel-arch leaking on to the exhaust

The European Central Bank forecast that the eurozone would expand this year and in 2011 much more strongly than previously expected, ruling out a double dip back into recession

Royal Bank of Scotland is axing another 3,500 jobs, taking to almost 27,000 the number of staff cut since Stephen Hester took over as chief executive of the troubled UK bank

Sweden’s central bank raises interest rates for the second time in two months, highlighting the strong recovery in its economy as the centre-right government battles for re-election

Asian shares are slightly higher as investors are cheered by positive economic data from the US and a third straight session of gains on Wall Street.

The digital entertainment company made its most serious bid yet for the internet-connected television market, slashing the price and size of its AppleTV product by more than half

Global meat prices have hit a 20-year high as robust demand from emerging countries has coincided with a drop in production

The drinks group is working with other FTSE 100 companies on a system to change how the City understands ‘consensus estimates’ for financial performance

The digital entertainment company made its most serious bid yet for the internet-connected television market, slashing the price and size of its AppleTV product by more than half

The former chancellor admitted that Britain’s levy on bonuses had failed to change banking behaviour over pay, as ‘imaginative’ financiers devised ways to avoid it

Stock markets surge as investors took global surveys of manufacturing output to show the world economy was recovering rapidly and chances of double-dip recession had receded

Barack Obama fulfilled what had initially been his biggest campaign selling point to bring the US war in Iraq to a close – ’to be as careful getting out, as we were careless going in’