Georgian leader warns against Nato veto
Denying Georgia and Ukraine the right to move towards Nato membership would amount to appeasement of Russia, according to Mikheil Saakashvili, Georgia's president
Lehman set to sue Marubeni for Y35bn
Lehman Brothers plans to sue one of Japan's biggest trading firms for $352m after the US investment bank fell victim to an alleged fraud perpetrated by two former employees of Marubeni
Zimbabwe opposition claims election victory
The main opposition party, Movement for Democratic Change, claimed victory in presidential and parliamentary elections, setting the stage for a possible showdown with President Robert Mugabe
BofA may scrap prime brokerage unit sale
Bank of America is considering scrapping the sale of its equities prime brokerage business, after receiving only lukewarm interest from potential bidders including Barclays Capital of the UK and France's BNP Paribas
Swiss Islamic bank planned
The continued boom in bank products compliant with Islam has spurred plans to set up a new financial institution in Switzerland based on the tenets of the faith
Investors pull $100bn out of equity funds
Investors worldwide pulled close to $100bn (€63.3bn) out of equity funds in the first three months of this year – a record shift that accelerates a longer-term trend away from US and western European stock markets
Iraqi Shia cleric calls off militia
Moqtada al-Sadr called on his followers to stop fighting Iraqi government forces in Basra as he attempted to avert a widening of internal Shia conflict
US praises Chinese economic policies
Hank Paulson, US Treasury secretary, will tell leaders in Beijing this week that the renminbi's recent appreciation is 'significant and welcome', according to a top US official
BA to cancel hundreds more flights from T5
British Airways expects to cancel hundreds more flights at its global hub at London Heathrow airport this week, as it battles to overcome baggage handling and other operating problems at its showpiece £4.3bn Terminal 5