The government denies disguising the impact of its proposed new public sector pension schemes.

Australia reports a weaker-than-expected trade surplus for October as exports fall due to slowing demand.

There is a "good case" for the government's HS2 high-speed rail link between London and Birmingham and beyond, a committee of MPs says.

Italy's cost of borrowing rises to a new record as Prime Minister Silvio Berlusconi faces a crucial vote.

Vodafone lifts its profit outlook as demand in emerging markets and the UK compensate for losses in southern Europe.

Activity in the UK housing market showed some signs of picking up in October, according to the latest poll of surveyors.

Spain's Repsol announces its largest ever oil discovery in Argentina as it finds 927 million barrels of shale oil.

Japan's Ministry of Finance confirms that it has bought 10% of the latest bonds issued by the eurozone rescue fund, the EFSF.