The government publishes details of its long-awaited Energy Bill, but there are no targets set for reducing carbon emissions by 2030.

Argentina says it will appeal against a US ruling ordering it to pay $1.3bn owed to foreign bond holders since its debt default in 2001.

Angela Merkel says she doubts EU leaders will close a deal on their budget during the current summit in Brussels.

Wal-Mart, the world's largest retailer, suspends a "few associates" at its joint venture in India amid an ongoing probe into bribery allegations.

Swiss bank UBS is under scrutiny over whether it did enough to prevent unauthorised trading after one of its former traders was jailed for fraud.

Tata Steel is cutting 900 jobs around the UK, including almost 600 at plants in south Wales, with most among white collar staff at Port Talbot.

European leaders resume gruelling budget negotiations in Brussels, amid signs a deal may be out of reach.

Cyprus agrees to an estimated 16bn euro bailout deal with international creditors, becoming the fifth eurozone member seek emergency loans.