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One of America’s biggest banks may sell parts of its business or merge with a rival, according to newspaper reports.
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Chancellor Alistair Darling is reportedly planning to force banks to lend to small firms in the pre-Budget report.
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Banks must start lending again or face being named and shamed, the Treasury Select Committee chairman says.
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Hutchison Whampoa subsidiary 3 Italia fails to reach a merger agreement with Telecom Italia because of price disagreements.
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There are signs of Belarus emerging from isolation
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US dominance is likely to weaken by 2025 as India and China grow stronger, a new Washington intelligence report says.
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Spanish savings bank La Caixa may sell its 14% stake in Spanish-Argentine energy firm Repsol to Russia’s Lukoil.
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Honda is to cut production in Japan and Europe and close its Swindon plant in the UK in February and March next year.
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The number of properties repossessed by mortgage lenders rose by 12% to 11,300 in the third quarter of the year.
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American clothes retailer Gap defies Wall Street forecasts and reports higher-than-expected third quarter net profits.