Business news 

Mitsubishi UFJ reviews Morgan Stanley deal

Japanese giant that had planned to sink $9 billion into the US bank may seek to renegotiate some of the terms

Market turmoil sparks gold rush

A 'flight to safety' mentality has been created among investors, who are pouring cash into low-risk assets such as gold

EDF considers the sale of Eggborough power station

The sale of British Energy's sole coal-fired power station at Eggborough may clear competition hurdles for the French company

Sport News 

Terry hopeful of England return

Fabio Capello will give the England captain every chance to prove his fitness after Matthew Upson’s poor performance

• England rewarded for refusing to panic

• Injury forces Terry out of qualifier

Rooney’s plea from position of strength

The striker's transformation against Kazakhstan when moved from the left to a central position may influence Fabio Capello

Vitali impressive in comeback victory

Ukrainian produces brilliant eight-round victory as Klitschko brothers increase their collection of world-title belts

Comment 

It's time to take on gangsters of the sea

We run down British naval power at our peril. Without it we would have little food, fuel - or safety

• Libby Purves

Déjà vu: six steps that make up a great panic

For 2008, read 1907. This time, however, China and India have emerged well, unlike America, Britain and Europe

• William Rees-Mogg

Biographies that cast long shadows

As a new life of V.S.Naipaul demonstrates, books about our heroes can be painfully honest

• John Sutherland

Life & Style 

I froze my eggs

In a bid to stop her biological clock, 34-year-old Fleur Britten had her eggs frozen. But will it be worth it?

Giles Coren reviews St Pancras Grand, London

I want Frenchies to go home aware that we eat better these days than they do. With this new restaurant I can relax

Dumped by my best friend

Isabelle Lynne bonded with her friend six years ago over their divorces. Now her female soulmate has left her for a man

Arts & Entertainment 

Kaiser Chiefs on their new album

After two multiplatinum albums in short order, Kaiser Chiefs tried to take a break — but their latest songs wouldn’t let them

The weird world of painter Billy Childish

To some he’s the new Blake, an eccentric genius. To others he’s a prolific mediocrity with a famous ex-girlfriend

Thomas Keneally on making Schindler's List

His book won the Booker prize, and the film a clutch of Oscars. So why, 26 years later, has he decided to revisit it?