European stock markets rise on news of the US Fed's "taper", but Wall Street fails to hold on to gains made after the announcement.
EU summit to approve banking reforms
EU leaders meeting in Brussels are to sign off a long-awaited pact on closing failing banks, seen as the biggest centralisation of power in the bloc since the euro's launch.
Saab wins $4.5bn Brazil jet contract
Shares in Sweden's Saab surge almost 30% after the company edges out rivals Boeing and Dassault to win a $4.5bn (£2.7bn) contract to supply Brazil's air force with new fighter jets.
BBC World News business headlines01:05
US Fed to slow stimulus effort explained02:17
Eurozone agrees banking reforms02:23
Chocolate prices set to increase01:53
Bernanke sees economic 'progress'01:35
Bumpy ride for Europe bank talks?02:22
Is the US economy on the mend?01:53
Ukraine opposition demand answers02:04
Total CEO: My job is provide energy03:55
Is Thai economy fair on everyone?02:52
How to live happily with mum and dad03:34
The men reinventing the wheel01:11
'Mandela mall opening was best day'02:44
Is your virtual self employable?03:51
China's movie market to rival Hollywood02:26
Google buys 'animal' robot maker03:29
The challenges of e-commerce in India03:47
The growth of Indian publishing03:15
Microsoft's vision of future office02:44
Inside the US Federal Reserve02:54
Article written by Robert Peston
Robert Peston
Business editor
9 hours ago
Has Germany's determination to protect German taxpayers from the costs of rescuing banks in other eurozone countries undermined the credibility of new rules to resolve or limit the damage from bank failures?
Article written by Linda Yueh
Linda Yueh
Chief business correspondent
19 hours ago
In a move that was both anticipated and yet still surprised, the US central bank eased its stimulus efforts. Now the hard part begins.
Protecting taxpayers
Has the eurozone really achieved banking union?
Fed tapers
Now the hard part begins for the US economy
Rebalancing act
Can the US Federal Reserve get back to normal?
Hotel of Mum and Dad
How to live with your parents as an adult
Debut sale
London-based Christie's to hold first art auction in India
Business in a box
The online Christmas traders based in self storage units
Ukraine's bailout
Crisis averted. But for how long?
Cash for all?
Swiss to vote on a guaranteed income for all residents
Cash cows
How Zimbabwe farmers are benefiting from cattle collateral
Last Updated at 13:03 ET
| Market index | Current value | Trend | Variation | % variation |
|---|---|---|---|---|
| Dow Jones | 16172.43 | Up | 4.46 | 0.03% |
| Nasdaq | 4057.74 | Down | -12.33 | -0.30% |
| S&P 500 | 1807.71 | Down | -2.94 | -0.16% |
| FTSE 100 | 6584.70 | Up | 92.62 | 1.43% |
| Dax | 9335.74 | Up | 153.99 | 1.68% |
| BBC Global 30 | 7028.64 | Up | 26.81 | 0.38% |
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