The government has taken further steps in returning the bailed-out banks to the private sector by reducing its stake in Lloyds Banking Group and removing some of the complexity of its holding in Royal Bank of Scotland.
LIMA: As China shifts to a new growth model, the International Monetary Fund chief Christine Lagarde has cautioned that this transformation of the world's second largest economy is expected to be bumpy and not a smooth ride.
CANBERRA: Audi and Volkswagen Australia agreed to conduct voluntary recalls for vehicles fitted with emission-defeat devices, Minister for Territories and Major Projects Paul Fletcher said on Friday.
UK betting group Ladbrokes has secured a �1.35bn debt facility from a syndicate of banks, ahead of its merger with Gala Coral to create Britain's biggest bookmaker.
Friday 08:20 BST. Global stocks are at seven-week highs and emerging market assets are rallying as a bounce in commodities helps investors recover their risk appetite after the late summer slump.