The former girlfriend of billionaire financier George Soros has accused him of reneging on a promise to buy her an apartment in New York City and has filed a $50m (€35.15m) lawsuit.

AS commercial fishermen, bus companies, hauliers, the Irish Small and Medium Enterprise Association and British Airways yesterday reacted to soaring fuel costs by either demanding government intervention or increasing prices, America’s leading commodities regulator launched an unprecedented investigation into possible market manipulation.

Billionaire investor George Soros failed to erase the only legal blemish on a long financial career today, when a Paris appeals court upheld his conviction for insider trading.

Jacob Goldfield, chief investment officer for George Soros’ flagship $8.3 billion hedge fund, resigned to start his own money management group, according to a memo sent to company employees.