Economics / Markets

BP's troubled deal with state-controlled Russian oil company Rosneft has fallen through.

The US treasury is battling to slash spending after the country's national debt soared to $14trn, reaching a self-imposed limit set by Congress last century.

George Soros, who called gold "the ultimate bubble," dumped almost his entire $800m stake in bullion in the first quarter.

European governments yesterday discussed the prospect of a fresh multi-billion euro bailout for Greece - just a year after committing €110bn - in a bid to calm the markets and stabilise the region's currency.

Nationals round-up: ‘Greedy' IFAs, incredible stakeholder pension returns and plenty of love for index-linked savings certificates...

Warnings from the White House, an RBS share sale, fake mortgages and PPI winners - our round-up of today's national newspapers.

European markets opened lower on news of IMF chief Dominique Strauss-Kahn's arrest on rape charges, amid fears his absence from eurozone talks will delay bailout plans for Portugal and Greece.

Dominique Strauss-Kahn, the head of the IMF, has agreed to undergo medical tests over allegations of sexually assaulting a hotel maid in New York, in a case which has thrown European debt crisis talks into disarray.

The London Stock Exchange (LSE) has seen a 65% rise in pre-tax profits to £238.2m.

The FTSE 100 has opened in positive territory after a commodities bounce-back lifted Wall Street yesterday.