Introduction: Upstart Xstrata makes a multi-billion dollar approach for Anglo-American, the establishment mining company; the turf battle over banking regulation intensifies in the UK; the Iranian authorities tighten a noose around the opposition; and Michael Jackson, the Peter Pan of pop, dies in California, aged 50.
Award watch: Barney Jopson’s articles on the political and economic impact of water aid in Asia and Africa won a distinguished mention in despatches in the Martha Gellhorn prize.
And if you missed the Financial Times or ft.com this past week, you would have missed the following top ten items:


