Worldwide payment card group Visa has raised more than $17.9bn (£8.9bn) in the biggest US share issue.
US factory output plummets again
US manufacturing activity fell in November to a fresh 26-year low, the latest figures from the Institute for Supply Management show.
BayernLB will cut staff by 5,000
Bayern Landesbank confirms it will be cutting 5,600 of its 19,000 jobs globally, more than a quarter of its workforce.
TNK-BP's under-fire boss resigns
BP's Russian joint venture, TNK-BP, confirms that its under-fire chief executive Robert Dudley has resigned with immediate effect.
Japan set to tackle lending costs
The Bank of Japan will hold an emergency meeting on Tuesday to tackle rising corporate borrowing costs amid Japan's deepening economic crisis.
Poland launches stimulus package
Poland's governments adopts a development plan worth 91.3 zlotys ($31.4bn; $20.6bn) to kick-start the economy amid the global slowdown.
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