A number of senior figures at the Federal Reserve want the US central bank to slow down its bond-buying programme "well before the end of 2013".

Switzerland's oldest bank, Wegelin, is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes.

US car sales rise 13.4% in 2012, making it the best year for the industry since 2007, industry data shows.

Sales of Ferrari and Maserati cars fall sharply in the land of their birth as Italy's financial and economic woes bite even the richest Italians.

The government should rule out using peak-time train fare rises to manage passenger numbers, says the Commons Transport Select Committee.

Labour says it will guarantee a job for the long-term unemployed, paid for by restricting tax relief on the pension contributions of high earners, if re-elected.

Scottish company John Menzies decides to shut its loss-making cargo business at Chicago Airport in the US, at a cost of £7m.

Retail sales in Germany rose as much as 2.1% last year as Europe's largest economy took the eurozone debt crisis in its stride, according to the Federal Statistical Office.