Exposure to Struggling Euro-Zone Nations Weighs; Profit Warning for Deutsche.

The Federal Reserve is prepared to take further steps to help an economy that is "close to faltering," Fed chairman Ben Bernanke said on Tuesday in his bleakest assessment yet of the fragile U.S. recovery.

The consortium developing the Karachaganak project expects to reach agreement on ceding a stake to the government of Kazakhstan by the end of this year, a senior BG official said on Tuesday.

Moody's lowered its rating on Italy's bonds by three notches on Tuesday, saying it saw a "material increase" in funding risks for euro zone countries with high levels of debt and warning that further downgrades were possible.

European finance ministers agreed on Tuesday to prepare action to safeguard their banks as doubts grew about whether a planned second bailout package for debt-laden Greece would go ahead.

Vladimir Putin has called for the creation of a "Eurasian Union" with former Soviet states Belarus and Kazakhstan in his first major foreign policy statement since revealing his intended return as president next year.

China has warned of a potential trade war with the US if Washington lawmakers decide to pass a proposed anti-China currency bill.

Two weeks after moving into a skyscraper near Wall Street to start assembling a muscular new agency overseeing banks and insurers in New York, Benjamin M. Lawsky got a surprise during an introductory meeting with a midlevel manager: His power was even broader than he thought.

Globalisation with Chinese characteristics works at both corporate and national level.

Goldman Sachs has more than quadrupled its stake in the London Metal Exchange in the past two years, making the US investment bank the biggest potential winner from the proposed sale of the 130-year-old exchange.

Sweeping change at the top of the European Central Bank moves a step closer this week when Jean-Claude Trichet, president, chairs his last interest-rate setting meeting.

The industry is preparing a full-on assault on a deal regulators see as the best way to prevent future financial meltdown - and the question is whether the accord will be left with enough teeth.

When Apple unveils its Newsstand application next week, many magazine publishers are hoping it will mark a turning point as they seek to increase digital sales through the new wave of tablet computers.

Global stocks closed their worst quarter in nearly three years on Friday on nagging concerns about the world economy and the lack of a credible solution to Europe's debt crisis.

Back in June, Eurasian Natural Resources Corp pledged a "comprehensive review of corporate governance", but last week saw little change in its boardroom.