The US government says it expects to receive $750m (£480m) from the latest sale of shares held in insurer AIG.

India's new finance minister, Palaniappan Chidambaram, pledges to clarify tax laws and take steps to boost investment in India's economy.

UK retail sales were subdued in July, the British Retail Consortium says, despite better weather and the start of the Olympics at the end of the month.

Plans to create a template for "no-frills" savings products in a bid to simplify the market are outlined by the UK government.

Standard Chartered bank shares tumble in Hong Kong despite the bank denying allegations that it illegally "schemed" with Iran to launder money.

Tokyo Electric Power Company, owner of the Fukushima nuclear plant, releases footage of how it managed meltdowns in three reactors.

Greggs, the UK's largest bakery chain, reports a drop in profits in the first half, blaming wet weather for a fall in like-for-like sales.

Two US drug firms say they are stopping development of an Alzheimer's drug because it failed in two late-stage clinical trials.