Describing India as a “natural ally” of the US, Barack Obama offered Manmohan Singh, India’s prime minister, all the reassurance he sought that America would not sideline New Delhi in pursuit of its global partnership with China

President aims to ignore lobbying from member states as he begins final deliberations over the composition of the next European Commission

US President Barack Obama is widely expected to announce next week that he favours sending more than 30,000 extra troops to Afghanistan, in a momentous decision for his presidency

Raj Rajaratnam, the billionaire investor, offered a glimpse of how he plans to contest the insider trading allegations against him as he attacked prosecutors’ use of court-authorised wiretaps and questioned the credibility of one of their key witnesses

Britain’s official inquiry into the Iraq war opened in London with senior Whitehall officials saying they had sought to distance themselves from the ‘regime change’ plan that started emerging from George W. Bush’s administration as early as 2001

Beyond the financial crisis: The economic crisis brought jarring shifts that have moderated domestic and global imbalances but it is not clear how far adjustments have yet to go

Confidential information gathered by Russian law enforcement or government agencies: from arrest records to bank account details are openly on offer in some markets

German business confidence has surged unexpectedly strongly this month to the highest since August last year, as the rebound in Europe’s largest economy continues to strengthen

The US economy grew at a revised rate of 2.8 per cent in the third quarter, as consumer spending proved to be weaker than previously thought due to stubbornly high unemployment.

China’s banks are preparing to raise tens of billions of dollars in additional capital to meet regulatory requirements following an unprecedented expansion of new loans