Air France-KLM to axe 5,000 jobs Air France-KLM to axe 5,000 jobsFranco-Dutch airline warns it could resort to compulsory redundancies amid €2bn cost-cutting programme if no agreement is reached with unions
Ireland fines UBS for lack of controls Ireland fines UBS for lack of controlsSwiss bank fails to comply with law aimed at preventing financial firms from being used to launder money and finance terrorism
Dixons to shut 60 stores as losses go on Dixons to shut 60 stores as losses go onStore closures likely over next four years as writedowns on businesses in southern Europe drag UK electrical retailer down to £119m annual loss
IMF challenges Berlin's crisis response IMF challenges Berlin's crisis responseIMF chief says leaders need to tackle crisis with resumption of bond buying by the ECB and the pumping of bailout money directly into teetering banks