The European Commission fined on Wednesday nine petrochemical companies a total of 676 million Euros for forming a paraffin mafia to fix prices and carve up markets for wax.
Remittances from Mexicans living in United States dropped 12% in August, the largest fall since the Bank of Mexico began tracking records twelve years ago, the country's Central bank reported on Wednesday
British confectionary maker Cadbury said Monday it is recalling 11 types of Chinese-made chocolates found to contain melamine, as police in northern China raided a network accused of adding the banned chemical to milk.
Japan's benchmark Nikkei stock index has fallen almost 5% in early Tuesday trading, hours after a US financial rescue plan failed to gain Congressional backing.
The US House of Representatives on Monday rejected a 700 billion plan aimed at bailing out Wall Street.
The representatives of a group of Humber seafood firms met with their counterpart from one of the globe's largest retailers, France's Carrefour, in a joint bid to establish trade ties with Brazil.
The gallant Gurkha veterans of Nepal won on Monday their long court battle for the right to settle in Britain. Lawyers for the men who fought alongside British troops in battles over 200 years including the Falkland Islands in 1982 hailed the ruling.
The lower house of the US Congress voted down on Monday the 700 billion US dollars package aimed at bailing out Wall Street. Democrat presidential candidate Barak Obama on the trail campaign called for calm and said he expected Congress to pass a bail-out bill in some form.
Britain's opposition Conservatives unveiled in the Birmingham party conference their plan to tackle the financial crisis, accusing Prime Minister Gordon Brown of presiding over a debt-fuelled boom that has turned to bust.
The United States Food and Drug Administration (FDA) is alerting consumers that seven Mr. Brown instant coffee and milk tea products are being recalled by the Taiwanese company, King Car Food Industrial Co. Ltd., due to possible contamination with melamine. King Car Food Industrial Co. used a non-dairy creamer manufactured by Shandong Duqing Inc., China, which was found to be contaminated with melamine.
Spanish bank Santander is on the brink of taking over the £20bn savings business of troubled bank Bradford & Bingley, the BBC has learned. Treasury officials and bankers are putting the final touches to a deal, says BBC business editor Robert Peston.