Chancellor George Osborne must change course on the economy as he has "given up on any plan for growth", Labour predecessor Alistair Darling warns.

Heineken agrees to buy Fraser and Neave's controlling stake in the maker of Tiger beer in a deal worth 5.6bn Singapore dollars (US$4.5bn, £2.8bn).

South Africa's president declares a one-week period of national mourning for the striking miners killed in violence at a platinum mine.

Sainsbury's chief attacks government plans to extend Sunday trading hours, saying it is no 'magic answer' to the UK's current economic problems.

A new high-speed undersea data cable, Asia Submarine-cable Express, opens to traffic in Asia potentially aiding financial traders.