BofA to pay $16.65bn in mortgage case

Bank tries to put legal woes behind it with record settlement

Eurozone bond yields reach record lows

Data show weakening growth in August

Rosneft hit as $2bn Vitol deal scrapped

Russia’s state oil company feels impact of sanctions

Taiwan leads broad Asian rally

Nikkei 225 gains for 10th straight session

StanChart’s NY settlement draws UAE ire

Gulf state warns of possible litigation from customers

Israeli strike kills 3 Hamas commanders

Gaza war appears to enter new phase of targeted killings

Gap to open 40 stores in India

US clothing retailer will open first shops in Mumbai and Delhi

Davutoglu nominated as Turkey’s new PM

Erdogan ushers new AKP leader into balancing act

Discount store battle takes a bitter turn

Family Dollar rejects Dollar General bid

UK borrowing still breaching target

Total for year to date rises from £35.2bn to £37bn

SoundCloud launches ads and artist fees

Digital music platform responds to doubts about profitability

Comment and Analysis

Former Irish PM Albert Reynolds dies

Leader played key role in advancing peace process

©Winni Wintermeyer

Banks bypassed by intellectual capital

Silicon Valley deals are not based on factors that bankers can model, writes Felix Salmon

Oil investors bet on future supply risks

Current glut of crude supplies masks potential disruptions

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