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A.G. Lafley first became P&G’s chief in 2000 after his predecessor tried to drive through a restructuring plan that had brought chaos and a flurry of profit warnings

Murdoch media empire has appointed new boards to manage groups although Rupert, Lachlan and James will retain seats in both companies

Decision lifts cloud that had gathered over ex-finance minister’s position as leader of one of the world’s top international institutions

The former chancellor’s comments highlight the fierce debate in Scotland fuelled by the release of rival reports by the UK and Scottish governments

The ascent of Germany, on and off the pitch, has not been lost on UK observers, with policy makers looking to Berlin for economic inspiration

The political opposition does not appear to represent a threat to the deal, but the statements will increase pressure on the White House

Attack has highlighted the risks posed by Islamist-based extremism in the UK and the difficulty of tackling it

BoJ governor vows to curb bond market volatility in an effort to reassure those who fear instability could push up interest rates and damage Japan’s Abe project

The valuation gap with the US is wide and in many cases unjustified, say strategists – and many think it’s time to buy

Unrest in Stockholm’s suburbs is testing a famed social model amid complaints of racism and the dismantling of public services. By Martin Sandbu and David Crouch

The regulators are probing areas of the display advertising market where Google has had a leading presence since its acquisition of display company DoubleClick in 2007

Procter & Gamble’s embattled chief executive Bob McDonald is stepping down and will be replaced by his predecessor A.G. Lafley after a period of weak performance

Unease in continental Europe about the damaging effects to the bloc as a whole that might arise from a British exit from the EU

Fresh regulations come in ahead of US president’s speech on legal, moral and political considerations behind use of machines

Parliamentary inquiry prompted into how MI5 handled intelligence material relating to the two men being held over London attack

Merkel faces headache from iconic German industry as she draws up framework to allow hydraulic fracturing to explore for energy supplies in Europe’s biggest economy

Low storage levels and persistent cold weather were to blame, says senior energy official, while one power supplier warns of higher bills to come

Big companies’ tax affairs in Europe are to be opened up to greater public scrutiny with the EU rushing out a law to reveal profits and taxes

More than €200bn of loans rolled over before they expired – often because corporate borrowers would be unable to repay on time and in full, says recent data

Swing in sentiment marked the first significant interruption to what has been a prolonged period of rising stock markets since last November