The Japanese economy rebounds in the third quarter, growing for the first time since a devastating earthquake in March.

Technocrat Mario Monti is asked to form a new Italian government to tackle an acute debt crisis which prompted the resignation of Silvio Berlusconi.

The UK labour market faces a "slow, painful contraction" with firms delaying recruitment of more staff, a key report suggests.

US President Barack Obama says China has not done enough to allow its currency to rise in value, speaking at a summit of Apec leaders.

Italy's newly appointed PM Mario Monti starts work on forming a government to lead Italy out of its acute debt crisis, following Silvio Berlusconi's resignation.

Majestic Wine sees its half-year profits increase 20%, helped by customers buying more expensive bottles.

India's annual inflation rate remained high at 9.73% in October, driven by food and fuel price increases.

British Airways is considering expanding its maintenance operation in Wales with a new base at St Athan in the Vale of Glamorgan.