Job losses represent around 30% of the embattled firm's workforce.
South Korea's higher industrial and manufacturing numbers reduce likelihood of further rate cuts.
New rules would limit holdout creditors' ability to litigate and undermine sovereign debt restructurings.
Hometrack survey reveals zero growth in house prices on average in London as market halts.
Freedom of movement restricted in and out of countries where virus has proliferated.
Italians biggest eurozone investors in London property after country slides into recession.
European Union Energy Commissioner Guenther Oettinger said bloc prepared for possible winter crisis.
Open letter signed by likes of ex-William Hill boss favours independence for Scotland.
Doctor said to have contracted disease from the man linked to Nigeria's first case of Ebola.
The Prime Minister pledge to slash net migration to less than 100,000 by 2015.
British Chambers of Commerce warns early rates rise would choke off household spending.
Shelter says housing costs and cuts to support are leaving many families on a financial knife-edge.
India's potential for growth is improving but is hurt by price pressures, while inflation is keeps its sovereign rating down.
South China Sea territorial dispute led to riots in Vietnam.
Bank of America said RBI will cut repo rate by 75-100 BPS from early 2015.
Focus will be on transactions in oil, gas, iron ore, cotton, liquid chemicals, silver, bulk commodities and nonferrous metals.
SME Finance Monitor shows improving financial health of small firms in UK.
Algeria's ailing President Abdelaziz Bouteflika has launched similar programmes during his tenure.
Comes amid accusations that Bulgaria and Romania immigrants have been abusing the welfare system.
IMF believes persistent income inequality will threaten global growth and macroeconomic stability.
Egypt says hydro-electric dam could disrupt river Nile's water flow to Egypt.
IMF should also reflect shift in economic power away from a few advanced nations.
Nobel Prize winning economist identifies climate change as the biggest problem facing the global economy of the future.
Americans who are also half French, Indian, or Canadian dominate the list.
The CEBR Research says UK will be one of the hardest hit countries in Western Europe
Knight Frank research shows gulf in affordability between London and other UK cities.
Rebuilding Gaza is likely to take years of work and billions of dollars.
Foreign currency bonds issued by Indian firms are headed for a record high thanks to economic recovery and a stable rupee.
Expectations slump as international scene remains gloomy, according to the GfK survey released on 27 August.
Lagarde denies wrongdoing and will not quit as IMF chief despite formal investigation in France.