Business

The government is to create a new panel to monitor the levels of lending to small businesses, Lord Mandelson announces.

Cable group Virgin Media says it plans to cut 2,200 jobs as part of a group-wide overhaul.

See how some of the main global stock indexes have fared during the financial turmoil of 2008

Intercontinental hotels warns of a sharp deterioration in trading conditions and issues a profit warning for the final quarter.

Mobile phone group Vodafone announces £1bn of cost cuts because of rising raw materials prices and increasing competition.

Credit card firm American Express gains approval to become a commercial bank, enabling it to take deposits.

Global ambition
10-11-08 23:14

Japanese phone firms want bigger worldwide sales

Shares in US car group General Motors close at a 60-year low after the struggling firm is hit by a broker downgrade.

Chinese banking giant Bank of China is looking at a potential bid for UK lender HBOS, BBC business editor Robert Peston reports.