Iran cuts energy and food subsidies, risking a repeat of angry protests which followed fuel rationing in 2007.

Tommaso Padoa-Schioppa, Italian politician and one of the architects of the single European currency, dies aged 70.

Bank of America stops handling payments for whistle-blowing website Wikileaks, joining several other major financial institutions.

Vince Cable tells the BBC both coalition parties are united in their commitment to curb bonuses, ahead of a meeting with bank bosses.

New figures reveal a sharp drop in the number of High Street shoppers due to the heavy snowfall, with the West Midlands and South East worst hit.

Hundreds of small investors throw bricks and march in the streets of the Bangladeshi capital Dhaka, after the stock exchange saw its steepest ever fall in a day.