A top US Republican criticises a Senate bill that could penalise China for alleged currency undervaluation as "pretty dangerous".

Con-artists are resorting to basic card snatching, police say, as the payments industry continues to cut losses from more hi-tech crimes.

Drivers have cut their petrol consumption by more than 15% since the recession began, research by the AA suggests.

A 24-hour general strike is due to begin in Greece, affecting schools, transport and hospitals, in protest at the country's tough austerity measures.

The new-style £50 banknote will be introduced on 2 November, the Bank of England announces.

Fast food giant Yum Brands reports a jump in third-quarter profit as sales at its Chinese outlets continue to grow.

Supermarket group Tesco reports a rise in half-year profits despite a fall in underlying UK sales, while rival Sainsbury posts slightly better sales.

Qantas says Alan Joyce has received a threatening letter related to the dispute between the airline and union members.