News Japanese Prime Minister Shinzo Abe delivers his special address at the opening session of the World Economic Forum in Davos

Japan’s trade deficit has hit an all-time high as imports were swollen by higher energy prices and a weak yen.

Great Works: Maîtresse, 1996, by Mimi Parent

Collection Mony Vibescu

Factory output hits three-year low

Manufacturers saw output reach its lowest level in three years this month as companies became increasingly concerned by political and economic problems abroad, a survey said.

American factories may be doing better with exports than figures first suggest

American exporters are doing better than many think

The United States isn't making things that the world wants to buy.

UK trade deficit was second-biggest ever

A further plunge in exports saw the UK rack up its second-biggest trade deficit on record, official figures show.

No UK return planned for Wolseley

The heating and plumbing giant Wolseley has said it does not plan to follow the advertising giant WPP and shift its tax base back to the UK.

Ahmadinejad is called to account after rial falls to record low

Iran's parliament has summoned President Mahmoud Ahmadinejad to answer questions about the national currency going into free-fall after Western sanctions over the country's nuclear programme.

Middle East goes wild for UK sweets

Food manufacturers appear to have found a sweet spot in the Middle East, with exports from the UK up by more than a quarter to some Gulf countries this year.

It is the first time ground tiger claws, which may have come from tigers which were illegally poached, have been found by customs in the UK

Tiger claw products seized at Suffolk port

Herbal remedies and massage oils containing ground tiger claws, poisonous plants and cow urine have been seized by border officials at a UK port.

Eunice Benedicto hopes her MBA will equip her for humanitarian missions

This year’s most promising future business leaders

Our joint scholarships are lowering financial barriers, says Russ Thorne

Double-dip threat to eurozone

The embattled eurozone was on the brink of a double-dip recession today as figures revealed that the 17-nation economy shrank by 0.2% between April and June.

Anthony Hilton: Keep calm … if euro collapses we can still carry on trading

With the drachma likely to plunge most, the biggest price cut may well be on retsina

Prince Charles sporting his polo look

The Prince of Wales: A new name in fashion royalty

Depending on your republican leanings, it could be argued that the British Monarchy represents both the best and worst of the country. So perhaps it's fitting that although the Prince of Wales was recently named as one of GQ's best-dressed men, he has featured on worst-dressed lists. But that hasn't stopped his odd ascent to the top of British fashion.

Germany and France feel the eurozone squeeze

The two largest economies of the single currency see exports fall and growth forecasts reduced

Satyajit Das: Problems galore put the brakes on India's economic potential

Economic Outlook: Successive governments of every... persuasion have failed to undertake meaningful reforms
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Burgundy, the River Rhone & Provence – Five-star MS Swiss Corona 7 nights from £999pp
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Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
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Grace Dent's Christmas Quiz

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Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
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Surrounded by high-rise flats is a little house filled with Lebanon’s history
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Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
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Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

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The week Hollywood got scared and had to grow up a bit

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From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
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