Incomes for those of working age are still below pre-crisis levels, according to research by the Institute of Fiscal Studies (IFS).

The UK government says it is selling its 40% stake in the cross-Channel train operator Eurostar to an Anglo-Canadian consortium for £757.1m.

Workers will display a "measured response" to pension reforms while worrying they have not set aside enough for retirement, a survey suggests.

Australia's economy grew 2.5% in the fourth quarter from a year earlier, marking its slowest pace of annual growth last year.

US retail giant Target plans to cut several thousand jobs as it tries to slash $2bn (£1.3bn) in costs over the next two years.

Asian markets headed lower on Wednesday as investors became cautious ahead of central bank meetings and economic data this week.

The Reserve Bank of India cuts its key interest rate, in a surprise move for the second time this year.

Brazil's chief prosecutor seeks to investigate 54 people, including politicians, for alleged involvement in a kickback scheme at state oil firm Petrobras.