The largest US city to go broke will officially exit bankruptcy on Wednesday, according to a letter from its emergency manager.

Russia's richest man Alisher Usmanov reveals that he bought US scientist James Watson's Nobel Prize gold medal in order to return it to him.

Millions of energy customers who have money left in old accounts are being given further encouragement to reclaim it by the energy industry.

Train travellers will once again face delays and cancellations because of engineering work on some of the country's biggest lines over Christmas.

A third of NHS contracts in England have been awarded to private sector firms since the Health and Social Care Act came into force, a probe finds.

US Congressional leaders have reached an agreement on a $1.1tn (£701.6bn) spending bill ahead of a looming Thursday evening deadline.

Poor families in the UK will need more help to pay for heating their homes as energy bills rise, government advisors have warned.

The owner of KFC and Pizza Hut restaurants, Yum Brands, is once again slashing its profit forecast for the year, due to slower recovery in China.