Oil giant BP reports a fall in profits for the last three months, but increases its shareholder dividend by 12.5%.

The problem of mental illness in the UK is the "biggest unaddressed health challenge of our age", Labour leader Ed Miliband says.

A late decision to print ballot papers for the police and crime elections in both English and Welsh in Wales means £350,000 of papers will be shredded.

Swiss bank UBS is cutting 10,000 job worldwide as it slims down its investment banking activities.

Hurricane Sandy continues to disrupt business in the US, including shutting US stock markets for the second day.

Barack Obama declares a "major disaster" in New York state after "super-storm" Sandy triggers devastating floods and cuts power to millions on the US East Coast.

Scottish musician Edwyn Collins is honoured for his contribution to the music industry at the Association of Independent Music Awards, seven years after he almost died from a brain haemorrhage.

Cyprus, chairing key EU budget talks, wants a proposed rise in EU spending cut by 50bn euros for 2014-2020.