Barack Obama has announced that the US Congress has reached an agreement to raise the limit on U.S. borrowing and forestall an unprecedented American default... more
BP is deciding whether to cut or defer its second-quarter dividend, boss Tony Hayward says, as public anger grows over its handling of the Gulf of Mexico oil spill... more
An Inspector Calls returns to London as part of its UK tour, the popular exhibition Obama's people opens at Flowers East and try the unfussy Mexican food at Boho Mexica... more
That Citigroup employee Andrew Hall is an exceptional energy trader is not in doubt. But should he really be paid a $100 million bonus for last year’s work from the bank that was saved by the American taxpayer?
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Engineering: The US House of Representatives has approved bailout plans for General Motors and Chrysler that include tough conditions on restructuring in return for taxpayer help... more
Hillary Clinton took a step closer to being appointed US Secretary of State after her husband agreed to reveal the identities of his major cash donors... more
Banking: As Congressmen assembled to debate whether Hank Paulson's controversial bill to bailout the banks should be passed, the historic Wells Fargo bank agreed to buy America's fourth biggest bank, Wachovia, for $15 billion... more
US shares rallied as George Bush and the country's rival presidential candidates joined forces in an attempt to win the backing of Congress for the $700billion bank bail-out... more
Tonight:
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