Developing countries have dropped long-standing demands for free access to rich countries' technology to cut greenhouse gas emissions, removing a big obstacle to an international deal on climate change, European officials said on Thursday
New rules that require banks to do more to protect themselves against trading losses will force them to increase their total capital holdings by an average of 11.5 per cent, according to an impact study by the Basel committee on banking supervision
The Microsoft founder has put the focus of his foundation on agriculture, saying that making poor farmers more productive will have a 'massive impact' on hunger
Mobile phone subscriptions are expected to jump 15 per cent to 4.6 bn by the end of this year, with mobile broadband subscription numbers surpassing fixed broadband
Europe's trade chief touted the benefits for automakers of a proposed trade liberalisation agreement with South Korea as she sought to overcome a last redoubt of resistance to the deal.
We must learn the lessons of misguided accounting and regulatory practices, for we cannot afford mistakes that could endanger the future of our economies, writes Jacques de Larosière
In dollar terms the sums seemed huge. In relative terms they are less frightening. At their 2008 peak, on IMF estimates, global imbalances amounted to 2½ per cent of world gross national product, writes Samuel Brittan
As the financial crash fades in the memory, the question is how long its repercussions will continue to affect the world. The answer should be obvious, writes Philip Stephens. Everything has changed; and nothing has changed
After massive government bailouts, banks are still enjoying government guarantees, implicit if not explicit. Policymakers have, moreover, slashed the cost of liquidity. Bankers' handsome compensation is, therefore, in large part underwritten by public money
Despite warnings that finished goods were being dumped on global markets, figures show that falls in exports and imports were smaller than most expected in September amid wider expectations that third-quarter GDP growth will exceed 9%
Gold industry groups have stepped up marketing campaigns to persuade Indians to indulge in their love affair with the precious metal, after they have been put off by higher prices this year
The call to loosen restrictions follows a sharp rise in cost and drop in volume for trade finance over the past year, which has sparked alarm among companies and led to a flurry of support programmes
Regulators are suggesting that the Group of 20 nations should give an international body the power to report on, and possibly enforce, global regulatory standards