Britain's biggest banks are in talks about collectively reducing the total amount of money they will pay staff in the upcoming bonus season.

People with children will not be exempt from having their benefits cut if they refuse to take work, Iain Duncan Smith tells the BBC.

India is aiming to achieve double-digit economic growth within two years, as the country's recovery from the downturn picks up.

The Organisation for Economic Cooperation and Development calls on Australia to extend its controversial mining tax.

Leaders of the 21-member Asia-Pacific Co-operation forum pledge to move towards a regional free trade area at a summit in Yokohama, Japan.

US President Barack Obama says no nation should rely on exports to the United States for growth, as Apec leaders meet in Japan.

Bank customers complain they are being signed up for ID theft protection insurance they did not want.

The UK is entering into talks with three tax havens, as part of moves officials hope could help raise £10 billion for the Treasury by 2015.