Mongolia selects three preliminary winners to develop the highly sought-after Tavan Tolgoi coal deposit in the Gobi desert.

Parents must each earn at least 18,400 in 2011 so their family can live to an acceptable standard, a charity says.

French writer Tristane Banon is to file a complaint for attempted rape against former IMF chief Dominique Strauss-Kahn, her lawyer says.

Funding of social care in England needs a complete overhaul and the amount people must pay should be capped, an independent review has said.

A stress test of Europe's biggest insurance companies finds them to be "robust" despite exposure to Greek debt.

Chinese confectionery group Hsu Fu Chi says it is in preliminary discussions about a tie-up with Swiss food giant Nestle.

Volkswagen takes a majority stake in German truckmaker MAN as it seeks to extend its truck business beyond Swedish firm Scania.

The number of different mortgage products available in the UK market has risen to the highest level since November 2008, figures show.

The number of people employed in the UK financial services sector rose in the second quarter by the fastest rate since the financial crisis began.

Homeowners continued to inject equity into their homes at the start of 2011 - but not to the same degree as much of 2010, figures show.