Cracks emerge in the fragile consensus around rescue efforts for the eurozone amid public clashes over plans to expand bailout funds for stricken nations... more
An emerging €2 trillion (£1.7 trillion) rescue plan for Europe's sovereign debt crisis fails to win decisive backing from stock markets amid worries over German opposition to any deal... more
The European Central Bank signals an embarrassing policy U-turn on its widely derided interest rate hikes earlier this year as alarm over a double-dip recession mounts... more
David Cameron's warning last night on the state of the global economy followed similar gloomy assessments from the IMF and US Federal Reserve and a day of turmoil on markets... more
The World Bank promises more than $500million for East Africa drought victims - including Somalia 'where circumstances permit' - as the UN World Food Programme agency estimate that more than 11 million people need help ... more
Macmillan, one of Britain's oldest publishing houses, paid more than £11 million in a deal with the Serious Fraud Office after it admitted trying to use bribery to win a major educational book contract in Southern Sudan... more
There are two radically different views from authoritative sources on the future for Japan, from the World Bank and legendary investor Warren Buffett... more
Japan may need five years to rebuild from the catastrophic earthquake and tsunami that has caused up to $235 billion of damage, according to the World Bank... more
There is no greater confirmation that the City has returned to "business as usual" than the restoration of the bank bonus season - the rewards are as excessive as ever and the justification for them as flimsy... more
A worse-than-expected fall in US jobs during September overshadowed top-level talks over the health of the global economy under way in Washington... more
World leaders must defuse currency tensions before they worsen to avoid repeating the mistakes of the Great Depression, the head of the World Bank said... more
Economies of the 10 eastern nations that have joined the EU since 2004 are expanding for the first time since the global downturn, the World Bank says... more
Vincent Tchenguiz seals the first closing on a private equity fund where he will invest with international agencies to buy into clean technology projects in South Africa... more
Taxpayers should never again be force to rescue the "too big to fail" banks because of the institutions' bad decisions, City minister Lord Myners says... more
It is interesting, if a little ironic, that Paul Tucker, one of the deputy governors of the Bank of England, should suggest in the forum of the annual International Monetary Fund and World Bank meetings currently under way in Istanbul that if banks need rescuing again, they should be taxed in proportion to the amount of state aid that they require to stay afloat ... more
China could start booming again just a year after the economy of the world's largest emerging market was punctured following the end of the Olympic Games construction bonanza... more
The World Bank highlighted the scale of the task facing G20 leaders with a warning that the global economy will shrink for the first time since the Second World War... more
The pressure is on the G20 to unite behind a deal to restore confidence to the world economy – but national self-interest and regional alliances will hold the key in the negotiations
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Scandal: Shares in Satyam Computer Services rose by some 60%, after the Indian government stepped in to restore confidence in the scandal-ridden company... more
Afternoon:
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