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When somebody as eccentric as Liliane Bettencourt, the L’Oreal heiress, says she believes something, you might consider that a reductio ad absurdum of the position. Last week she, along with some other wealthy French people, said that the rich ought to pay more tax.

When somebody as eccentric as Liliane Bettencourt, the L’Oreal heiress, says she believes something, you might consider that a reductio ad absurdum of the position. Last week she, along with some other wealthy French people, said that the rich ought to pay more tax.

The US government’s widening investigation into six more Swiss private banks could cause the country’s banks to cut all ties with American clients, according to a top London lawyer.

The US government’s widening investigation into six more Swiss private banks could cause the country’s banks to cut all ties with American clients, according to a top London lawyer.

A feud has broken out between family shareholders of the Brazilian brewing company Schincariol, after one side of the family sold half of the business to an outside shareholder apparently not notifying the other family members.

A feud has broken out between family shareholders of the Brazilian brewing company Schincariol, after one side of the family sold half of the business to an outside shareholder apparently not notifying the other family members.

Private client law firm Withers plans to open an office in Singapore as it targets the city-state’s big wealth management sector.

Private client law firm Withers plans to open an office in Singapore as it targets the city-state’s big wealth management sector.

Not for the first time, at News Corporation, has a global company suffered the slings and arrows of outraged criticism. Oil group BP was humbled last year for allowing oil to leak from one of its wells in the Gulf of Mexico, aided and abetted by third-party engineering contractors. Critics, led by US politicians, slammed its long-term safety record.

Not for the first time, at News Corporation, has a global company suffered the slings and arrows of outraged criticism. Oil group BP was humbled last year for allowing oil to leak from one of its wells in the Gulf of Mexico, aided and abetted by third-party engineering contractors. Critics, led by US politicians, slammed its long-term safety record.

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