Lecturers at 67 UK universities are going to re-start a programme of industrial action from 10 October over changes to their pension scheme.

Samsung Electronics forecasts a dip in profits for the third quarter as demand for flat-screen TVs and computer chips falls.

The US senate postpones its vote on the much-debated currency bill amid differences between the Republicans and Democrats.

The Bank of England governor Mervyn King has said the current financial crisis could be the worst the country has ever seen.

The Bank of Japan extends its loan scheme for banks operating in areas affected by the earthquake and tsunami by six months.

Mongolia and mining giants Rio Tinto and Ivanhoe have reached an agreement over one of the biggest copper mines in the world.

Premier Foods, the owner of brands such as Mr Kipling and Hovis, warns its full-year trading profit will fall below expectations.

Moody's downgrades the credit rating of 12 UK financial firms because it believes the government is now less likely to provide support.