Drugs maker AstraZeneca is to cut 1,150 jobs in the US in a bid to further cut its costs.

We've all become acutely aware in recent years how easily a big bank can reach the point of collapse. But why does it happen?

How can countries or governments go bust?

Watch: How the US went from boom to bust

A guide to what the 27 members of the EU want from the December summit.

In a crucial week for the EU, we hear from readers inside and outside the eurozone on what they hope to see emerge from crunch talks on the future of the single currency.

Ahead of a key European Union summit, Germany's Chancellor Angela Merkel sets out to remake the eurozone in her own image.

Central banks in New Zealand and South Korea keep interest rates on hold on Thursday, citing fears of the impact of the debt crisis in Europe.