Accounting giant Deloitte Touche Tohmatsu is sued for $7.6bn in the US and accused of failing to detect fraud, something Deloitte denies.

South Korea looks to increase its spending for the next financial year in a bid to boost job creation and domestic growth.

Eastman Kodak shares fall 25% after the company announces plans to borrow $160m (£103m) for "general corporate purposes".

Japan's finance minister says it may consider being part of a global plan to help bailout Greece from its ongoing debt crisis.

The US Senate approves a budget bill, amid a dispute over disaster relief that threatened a partial government shutdown.

Berkshire Hathaway, the firm owned by Warren Buffett, says it will launch its first share buyback programme.

Greek Prime Minister George Papandreou will hold talks with the German chancellor later to discuss Greece's progress in cutting its budget deficit.

Daily Mail & General Trust says a trading update that weak advertising revenues will hit profits for the year.