Former Pakistani prime minister Nawaz Sharif pulled his party out of the ruling coalition over disputes with his main partner over whether to restore the judges sacked by former president Pervez Musharraf, and about who should be the next president
UBS expects to cut its salary and bonus budget by about $4bn, or a third, as the bank adjusts its finances in the face of shrinking income from many core businesses
The Bush administration is set to put a high-profile nuclear deal with Russia on hold, according to US diplomats
Zimbabwean police arrested two opposition MPs as they arrived for the swearing in of the country’s new parliament, raising fears that President Robert Mugabe’s regime is seeking to restore its majority in the legislature by force.
Idaho’s share of federal cash meant to alleviate pain from the nation’s subprime mortgage crisis could top $140 million, with the bulk going to provide funding for low- and moderate-income borrowers or to help rescue those whose interest rates from adjustable-rate mortgages have risen and exceed …
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Money in your hands
One of the largest shareholders in nuclear power generator British Energy calls for it to merge with Centrica, it is reported.