Business Blog

* European bourses sag after Fed rally, bond yields tumble* Fed minutes show concerns about global economy, strong dollar* Dollar index slumps as U.S. rate hike expectations scaled back* Wall Street expected to dip as Q3 earnings get into gearBy Marc JonesLONDON, Oct 9 (Reuters) - A rally in world stocks sparked by Federal Reserve assurances it will not rush U.S. rate hikes ran out of steam on Thu

Chancellor George Osborne warns in a BBC interview that the UK economy will be affected by the slowdown in the eurozone economy.

CNN's Nina Dos Santos talks with former Italian Prime Minister Mario Monti about lowering unemployment numbers in the EU.

Bahrain-based Investcorp said on Thursday that its executive chairman and chief executive Nemir Kirdar would retire next June after more than 30 years leading the alternative investment firm he helped to set up.

Bahrain-based Investcorp said on Thursday that its executive chairman and chief executive Nemir Kirdar would retire next June after more than 30 years leading the alternative investment firm he helped to set up.

Somalia's capital Mogadishu now has its first-ever ATM bank machine -- and it dispenses U.S. dollars.