Investment guru Jim Rogers has criticised Federal Reserve chairman Ben Bernanke's decision to pump a further $600bn into the US economy, saying he "does not understand economics".

We give you the best comments from around the industry following the Federal Reserve's announcement it will pump a further $600bn of stimulus into the US economy.

Germany has agreed to give the EU's €440bn (£383bn) bail-out fund permanent status rather than letting it expire in 2013 as planned.

A poor session in Asia this morning and unconvincing display on Wall Street overnight weighed on the FTSE 100 as it opened four points down at 5,673.

The Comprehensive Spending Review is necessary to bring the UK economy "back from the brink", says Chancellor George Osborne.

China has raised interest rates for the first time since 2007 in a bid to stifle inflation and dampen down its overheating property market.

Richard Downs is stepping down as the managing director of Old Broad Street Research (OBSR), to be succeeded by Richard Romer-Lee and Nigel Whittingham.

The FTSE opened at 5,727 this morning, sliding 0.08% in early trading, although there was a raft of M&A activity among the UK's largest companies.

LVAM's head of multi-manager Tom Caddick is leaving the firm to join Santander Asset Management.

London entered the final quarter of 2010 in positive mood with sentiment lifted by hints from incoming BP boss Bob Dudley the group is ready to restore the dividend payments suspended during the Gulf of Mexico crisis.