Economics / Markets

Global markets received a much needed shot in the arm overnight as Italian prime minister Silvio Berlusconi's resignation offer reassured investors an end to the country's problems may be in sight.

The head of the IMF pleaded with China to support the eurozone as she warned the global economy is heading for a "lost decade".

A week of near farce in Greek politics ended recently with a government of national unity accepting the previously arranged deal.

M&G global head of retail sales says industry is awash with mediocrity, which must be eradicated.

Markets moved lower on Monday as fears over Greece and Italy remained despite the imminent formation of a Greek coalition government.

HSBC and Standard Chartered could be dragged into a multi-billion dollar dispute between warring Saudi factions after the banks were forced to hand over thousands of potentially incriminating documents.

State-owned Royal Bank of Scotland is to payout around £500m in bonuses to its traders and investment bankers, despite a collapse in profits.

Warren Buffett's Berkshire Hathaway group lost more than $2bn on derivatives related to stock market performance in Q3.

HSBC has admitted a nationwide systems crash may have affected thousands of customers.

Bob Diamond was forced to defend his salary this morning, after he failed to mention the subject at a high-profile lecture last night.