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Greek MPs pass austerity package: Greek MPs pass an unpopular austerity bill crucial for a 130bn euro ($170bn; £110bn) bailout, as protesters clash with police outside parliament.

Japan economy worse than forecast: Japan's economy shrinks between October and December as a rising yen and floods in Thailand hurt businesses.

New deals as stamp duty holiday ends: Buyers are being urged not to rush into hasty property transactions just to benefit from the stamp duty holiday which is due to end next month.

Bankers are arrested in tax probe: A number of bankers, including four from the Royal Bank of Scotland, have been arrested in a tax fraud inquiry, investigators reveal.

Barclays' profits fall to £5.9bn: Barclays reports a 3% fall in annual profits to £5.9bn, and cuts the bonus pool at its investment banking division by 32%.

Small business loan target missed: The five main UK banks missed their Project Merlin target for lending to smaller firms, but exceeded the overall lending target, BBA figures show.

Israel nationwide strike is over: Israel's main trade union federation has ended a five-day strike which closed government offices and key transport hubs.

Downgrade for most Italian banks: The credit ratings agency Standard and Poor's has downgraded its assessment of almost all of Italy's major banks.

Dyson intends to create 300 jobs: The engineering firm Dyson says it has made £1bn turnover for the first time and will create 300 skilled jobs.

Producer prices rise in January: UK producer prices rose by 0.5% in January from December as the cost of alcohol, fuel and clothes rose, official data shows.

Imports increase US trade deficit: Record imports contributed to a 3.7% increase in the US trade deficit in December, official figures show.

Network Rail pay chief to stay: Network Rail dismisses calls for the chairman of its remuneration committee to step down following the controversy over executive bonuses.

'More help needed' for BAE staff: BAE Systems needs to do more to help workers facing redundancy, a new report says.

De Beers annual profits jump 62%: Diamond producer De Beers has announced a surge in annual profits as Chinese and US shoppers snapped-up its gems.

China's exports and imports fall: China's exports and imports fell in January, raising fresh concerns about the impact of a global economic slowdown on its economy.

Shock loss for India's Tata Steel: Tata Steel, the largest producer in India, unexpectedly reports a loss of 6.03bn rupees ($122m; £77m), hit by weak demand.

BA and Virgin escape Nigeria fine: Nigerian authorities have thrown out fines totalling $235m against British Airways and Virgin Atlantic.

Sainsbury's relaxes freeze advice: Sainsbury's is removing advice to freeze food "on day of purchase" from its labels and informing customers it can be done up until the use-by date.

Tribe sues beer makers for $500m: South Dakota's Oglala Sioux tribe has sued major beer makers for $500m for fuelling chronic alcohol abuse in one of the poorest communities in the US.

Pensioners miss weather payments: Up to 1.6 million pensioners are failing to claim benefits they are entitled to - including financial help during the cold snap.