Peter Ryan

Some analysts are warning that the British government's spending cuts could backfire and push Europe into a double-dip recession. Audio

As we just heard in business, the European Union finance ministers have agreed on an emergency package worth 500-billion euros to prevent the Greek debt crisis from spreading. Audio

Global markets are still being rattled by the Greek debt crisis and there are fears the bail-out won't stop the instability spreading to to other parts of Europe. Audio

The mining giant Rio Tinto has sacked its former executive Stern Hu and his Chinese colleagues within hours of them being found guilty of bribery and stealing trade secrets - and ahead of any appeals… Audio

European leaders have hammered out a deal that could see the International Monetary Fund involved in any bailout of Greece over its debt crisis. Audio

The debt crisis in Europe has entered a new phase with the downgrading of Portugal's credit rating. Audio

The US Congress has put forward legislation that would overhaul the financial system and if necessary break-up firms which pose a threat to the world's biggest economy. Audio

In a bid to secure the support of the European Union, the Greek government has announced more austerity measures to deal with its crippling deficit. Audio

European leaders have agreed to take coordinated action to rescue the failing Greek economy and restore confidence in the tumbling euro. Audio

Yesterday's surprise rate hike by the Reserve Bank of Australia has spurred confidence around the world that the global economy might be on the mend. Audio

Former Telstra boss Sol Trujillo has taken a parting shot at Australia at the end of his controversial reign at the telecommunications company, labeling the country racist and backward. Audio

Qantas has announced its planning to axe up to 1750 jobs over the next few months. Audio

World leaders are calling the G20 agreement, historic and a turning point on the road to economic recovery. Audio

The chief executive of Australia's largest telecommunications company, Telstra, is stepping down. Audio

The US President, Barack Obama, has reacted angrily to reports that banks in America are still handing out bonuses. Audio

The US Federal Reserve this morning slashed the rate to a 50-year low in an attempt to cushion the economy. Audio

The Australian government is under continuing pressure to clarify its policy on bank deposit guarantees. Audio

Financial markets in the United States and Europe have plunged again. Audio

The committee members have baulked at rubber stamping the proposal to remove toxic assets from the financial system. Audio

After the euphoria of the last two trading days share markets in Europe and the United States have fallen. Audio