The former chief executive of Merrill Lynch, John Thain, was at the heart of the bonus row - now he has a new job as boss of US lender CIT.

Mining group Xstrata is to resume dividend payments despite reporting a drop in full-year profits.

India's economic growth forecast raises the chance that state support could be withdrawn.

The chief executive of SAP unexpectedly resigns after his contract is not renewed, the company says.

Heritage Oil says the sale of its assets in Uganda to the UK's Tullow Oil will be approved "imminently".

Japanese brewing and food groups Kirin and Suntory call off merger talks having failed to agree terms.

Nokia says it will defend itself "vigorously" against a class action filed in New York alleging the firm misled investors.

Britain should be seen in the same category of highly indebted countries such as Greece, a leading economist says.

The world's top seven industrialised nations vow to cancel Haiti's debts in the wake of its devastating earthquake.

An Australian firm signs a $60bn deal to supply coal to Chinese power stations from a mine to be built in Queensland.

A Canadian minister was lucky not to get a frosty reception after wrecking an igloo built by Inuit to welcome officials to G7 talks.

Lloyds Bank says it is earmarking a special fund to alert businesses around the country to Olympic-related opportunities.

Portsmouth are approached by "two or three" groups interested in taking over the club, claims executive director Mark Jacob.

West Ham United's owners ask professional investors for a cash injection of up to £40m in the east London football club.

Real change still long way off for India's poor

France rediscovers its entrepreneurial spirit

Activity in the UK housing market was frozen by the snowy weather although prices continued to rise, surveyors say.

UK retail sales described as 'awful' as the icy weather and the unsteady economy keep shoppers at home.

Workers face a second year of pay freezes despite rising inflation and the UK's emergence from recession, a report says.

Clothing retailer Ethel Austin and its sister firm Au Naturale go into administration, raising fears about the future of 3,700 staff.

Shareholders in UK companies saw their dividend payments cut by £10bn last year, according to a report.

A power cut knocked out cash machine and online services for customers with Santander bank on Sunday.

Six South African airlines are being investigated for allegedly colluding to hike fares for local flights during the football World Cup in June.

UK explorer Tullow Oil is seeking to take full control of two sites it co-discovered in Uganda, in a move that would block Italy's Eni.

Electronics group Panasonic reports strong profits after heavy cost-cutting and steady sales.

China is to enforce anti-dumping duties on US chicken imports, accusing poultry firms of exporting at unfairly low prices.

The European Commission says it supports Greece's plans to reduce its deficit but will closely monitor its progress.

Greece's prime minister announces tough austerity measures aimed at cutting his country's soaring public debt.

Oil giant Shell and Malaysia's state-run Petronas finalise a contract to develop Iraq's large Majnoon oil field.

Angola's state-owned oil company, Sonangol, has signed a deal to produce oil in one of the most dangerous parts of Iraq.

India's central bank holds interest rates but increases cash reserve requirements for lenders in a bid to contain inflation.

The chief executive of Jaguar Land Rover, David Smith, is to stand down, the Indian-owned carmaker confirms.

Pensioners have been warned to look out for mistakes in the millions of tax code notices being sent out by HM Revenue & Customs.

Revenue staff tip off Radio 4's Money Box that there are more tax code problems than their bosses are admitting to.

The number of people who were declared insolvent in England and Wales hit a record high in the last quarter of 2009, figures show.

People who face losing their homes because of debts on credit cards or loans could get greater protection.