Brazil's President Dilma Rousseff replaces pro-austerity Finance Minister Joaquim Levy amid a serious recession in Latin America's largest economy.

The UK's "green" bank should not be privatised unless the government can ensure it keeps its environmental purposes, a committee of MPs says.

About 12.6m Britons are expected to hit the High Street in search of bargains on what has been dubbed 'Panic Saturday', according to the Centre for Retail Research.

The US Senate adopts long-awaited reforms designed to give emerging economies a greater say in how the International Monetary Fund is run.