Skip nav

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.

Mixed outlook for the UK economy: The CBI has predicted the UK will avoid a double dip recession, but two other surveys suggest the economy may worsen.

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

Airlines seek deal on EU scheme: Airlines call for the United Nations to broker a deal between carriers and the European Union on the Emissions Trading Scheme.

Bonuses in public sector reviewed: Public sector bonuses are to face new restrictions amid anger over pay levels at taxpayer-subsidised organisations such as Royal Bank of Scotland.

Olympus reports a 33bn-yen loss: Olympus, the Japanese cameramaker, reports a loss for the nine months to the end of December 2011 as the company battles an accounting scandal.

Boeing eyes Asia-Pacific growth: Boeing predicts that Asia-Pacific airlines will lead expansion in the aviation industry as the region's economies continue to grow.

Tepco to get $9bn additional aid: Tokyo Electric Power Company is given another lifeline after Japan's government approves an extra $9bn (£5bn) aid package.

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.

Scots economy 'struggles' to grow: Scotland is managing to hold off recession, but its economy is struggling to grow, experts warn.

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.

India minister in Pakistan trip: India's Commerce and Industry Minister Anand Sharma is due to begin a three-day visit to Pakistan to boost trade between the two rival neighbours.

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.

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.

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

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.

'Energy literacy' to be examined: The "energy literacy" of gas and electricity billpayers will be tested during an inquiry by MPs to see if more education is needed from the industry.

Bank's system 'risks house sales': House sales could fall through under a new mortgage system being used by a high street bank, the Law Society of Scotland warns.