Greek prime minister Lucas Papademos says Greece may default on its debts in March unless unions accept further cuts to salaries.

Toyota and Honda saw US sales fall sharply in 2011 as production was hit by natural disasters in Japan and Thailand, figures show.

The government has made no savings by raising the public sector pension age to 67, says a leading pensions consultancy.

Chinese telecommunications firm Huawei is under pressure from the US because of its business links with Iran.

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.

Shares in Eastman Kodak dip 28% on speculation the photography firm is preparing to file for bankruptcy protection in the US.

China's biggest airlines will not pay a new European Union tax aimed at cutting carbon emissions, their trade body says.

Clinton Cards reports a small increase in sales for the last five weeks of 2011, but says the retail climate was "tough".