There is little correlation between the pay increases leading UK bosses receive and the performance of their firms, a report claims.

Christine Lagarde plans to visit China, India and Brazil to drum up support for her bid to head the International Monetary Fund.

The British Chambers of Commerce cuts its growth forecast for the UK economy, blaming inflation and a squeeze on incomes.

Germany's ruling coalition says that it has agreed a date of 2022 for the shutdown of all of its nuclear power plants.

The yuan hits a record high against the US dollar as the US Treasury department says the Chinese currency is not manipulated.

The Philippines reports a 'modest' 4.9% growth for the first three months of the year.

The cost of owning a home by the sea has more that doubled over the past decade, the Halifax bank says.

An alliance of European motoring organisations has written to the European Union calling for an investigation into the price of fuel.