The sudden collapse of BHP's efforts to buy Rio Tinto this week has highlighted the bleak environment for merger arbitrage

Recent seasonal clearance activities show that retailers either have been left with excessive inventories on hand as economic slowdown starts to bite

Indian commandos fought room-to-room battles with terrorists in two Mumbai luxury business hotels as prime minister Manmohan Singh effectively blamed Pakistan for the attacks

Next year is the 20th anniversary of the fall of the Berlin Wall. German consumption has barely budged since then, writes Jim O'Neill

Electronics group slashes operating profit forecast by 40%, only a month after saying that it was too soon to judge the effects of the economic slowdown