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Banks may be forced to boost reserves
British banks may have to hold more funds to guard against the risk of a future economic downturn, the Bank of England has proposed.

Russia raises interest rates to 9.5%
Russia's central bank raises interest rates to 9.5% from 8%, a much bigger rise than expected, as it seeks to combat inflation.

Government to 'retire' some WW1 debt
The UK Government has said that it will 'retire' £218m of the UK's £2bn First World War debt by refinancing bonds originally issued by Winston Churchill.

Former Android boss leaves Google
Andy Rubin steps down from Google, while his former colleague Daniel Graf is demoted at Twitter

Eurozone inflation edges up to 0.4%
Inflation in the eurozone rose slightly in October, giving some hope that the spectre of deflation can be staved off.

BOJ boosts monetary stimulus measure
Japan's central bank, the Bank of Japan, surprises markets by announcing an expansion of its monetary stimulus policy.

RBS reserves £400m for currency probe
Royal Bank of Scotland sets aside £400m to cover potential costs from an investigation into possible manipulation of the foreign exchange market.

Hungary scraps controversial web tax
Hungary shelves a proposed tax on internet data traffic after tens of thousands of Hungarians marched against it.

BA owner raises profit forecast
The parent company of British Airways, IAG, raises its profit forecast after it reports a 30% increase in third-quarter profits.

Russia-Ukraine deal secures EU gas
Russia will resume gas deliveries to Ukraine this winter in a deal brokered by the European Union, which will also safeguard supplies to EU countries.

Sony reports loss of $1.2bn
Japanese consumer electronics giant Sony reports a net loss for the three months to September of 136bn yen ($1.2bn; £762m).

Citigroup legal costs up by $600m
Investment bank Citigroup puts aside an extra $600m to cover legal expenses due to "rapidly evolving regulatory inquiries".

FTSE up on Japan move and RBS profits
The FTSE 100 rises more than 1% as investors welcome RBS's latest results and news of a stimulus boost from the Bank of Japan.

ANZ bank announces record profit
One of Australia's biggest lenders, ANZ, announces a record full-year net profit of A$7.3bn ($6.4bn, £4bn), up 15% from a year earlier.