Business news blog

China's stock market falls 5%

China's Shanghai Composite share index closes down by more than 5% after several major brokerage firms announce they are under investigation.

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Bank of America reports $4.1bn profit

Bank of America reports a net profit of $4.07bn (?2.65bn) for the three months to the end of September compared with a loss of $470m a year earlier.

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VIDEO: Goa's iron ore mines face tough restart

With iron ore prices slumping, the reopening of mines in Goa, India, may prove challenging.

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