NEWS

UK airline BMI is being taken over by Germany’s Lufthansa
EU rallies behind banking reform
World leaders invited to talks in US
Britain’s banks face a new hard-line regime
Short-lived recovery despite global rescue plans
IMF warns of “meltdown” as eurozone leaders meet to thrash out a solution
International markets continue to fall
UK government unveils bank rescue plan
Serious setback for Germany’s second biggest commercial property lender as EU leaders plan emergency meeting
US Senate backs bail-out plan
EU Commission plans new financial regulations within weeks
US Senate to vote on new finance recovery plan