The number of Americans living in poverty rose to an all-time high of 46.2 million last year, official figures show.

Microsoft takes the wraps off Windows 8, the next generation of its operating system, which is due to be released next year.

Defence Secretary Liam Fox is expected to give strong backing to UK arms manufacturers in a speech at a major defence exhibition in London.

The Rugby World Cup will boost New Zealand's economy by as much as $1.2bn (£756m), according to a report by MasterCard.

Australian Prime Minister Julia Gillard introduces her bill for a controversial carbon tax to parliament, amid cheers and howls.

A London Assembly report shows passengers spent an extra 6.5 million hours on the Tube in 2010/11 because of increased delays.

German Chancellor Angela Merkel tries to calm nerves over possible Greek default, saying the eurozone bloc must stay together.

Edinburgh-based explorer Cairn Energy suffers fresh disappointment in the Arctic after its latest well failed to find oil.