A £963,000 bonus in shares awarded to Royal Bank of Scotland boss Stephen Hester is strongly criticised by politicians and unions.

The pace of US economic growth quickened to a 2.8% annualised rate in the three months to December, the Commerce Department says.

Greece could reach a deal with its creditors over the weekend, according to the EU's Economic Commissioner, Olli Rehn.

Growing inequality should now be the priority for leaders after the economic crisis, senior figures at the World Economic Forum say.

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