Switzerland has outlined a series of measures to combat money laundering and increase transparency in its huge financial sector. They include a register of those who ultimately benefit from trusts and companies - Switzerland is the only European country that doesn't have one.

One of China's biggest property development firms, Country Garden, has reported half year losses of six-point-seven billion dollars. The announcement increases concerns about the troubled property sector, which accounts for more than a quarter of Chinese GDP.

Burger King must face a lawsuit that alleges it makes its Whopper burger appear larger on its menus than it is in reality, a US judge has ruled.