Seven years, three chief executives and �45bn of taxpayer funds later, the British government's decision to start selling its stake in Royal Bank of Scotland marks a key moment in the UK financial industry's recovery after the crisis.
The government of Puerto Rico confirmed Monday that it failed to make a $58 million debt payment in a significant escalation of the debt crisis facing the U.S.
Chinese factories had their worst month in two years in July, fuelling fears that growth in the world's second-biggest economy is stalling.
HSBC is likely to retain its UK arm but may change its name, the bank's boss declared yesterday. A sale of the retail division, including branches, looked on the cards when, two months ago, HSBC moaned about an industry shake-up.
A mobile phone featuring Nokia's Here maps app. The new generation of mapping tools are sophisticated enough to assist automated driving.