White House press secretary Jay Carney says the US takes "seriously" threats from North Korea, after the country warned that it had entered a "state of war" with South Korea. With tensions on the Korean peninsula running high, North Korea has announced plans to restart all facilities at its nuclear complex. For more video content from the Financial Times, visit http://www.FT.com/video
Security company G4S faces a £50m hit from its failure to deliver Olympics guards, sending its shares down 9 per cent and creating uncertainty over its chief executive Nick Buckles. Lex's Stuart Kirk and Oliver Ralph analyse the impact on G4S and whether Mr Buckles is the man to lead the company through it
Follow The Daily Ticker on Facebook! Oil prices hit eight-month lows earlier this week and have fallen more than 20 percent from the year-to-date high of $110.85 a barrel set on Feb.
A record 50% of Americans strongly disapprove of President Barack Obama’s handling of the economy, a recent Washington Post-ABC News survey shows.
Reuters blogger Felix Salmon reported that CNN was close to a purchase of tech site Mashable. The price, he reported, would be $200 million. That is a remarkably high figure for a property which has 9.5 million visitors, according to measurement service Quantcast