Literature loves an underdog: Oliver Twist, Lily Bart, Lennie Small, the Tortoise as he gradually overtakes the Hare. Sunil Yapa’s debut novel Your He(...)

Peter Sutherland is a vocal and sincere proponent for the rights of refugees, but his previous posts, at the head of the  World Trade Organisation and Goldman Sachs International, hardly mark him out as an instinctive champion of the downtrodden. Photograph: Aidan Crawley

Amid all the consumption of the Christmas season, it’s still possible to hear a seasonal message of hope, goodwill and generosity on the airwaves. Whi(...)

The WTO sees world trade growth of 2.8 per cent this year and 3.9 per cent in 2016

The World Trade Organization (WTO) cut its forecasts for global goods trade on Wednesday after quarterly growth turned negative, with trade shrinking (...)

Fast-growing medical devices, pharmaceutical, and computer software sectors are expected to drive most of the growth during the year. Photograph: Aidan Crawley/Bloomberg

Exports from indigenous businesses and multinationals are expected to exceed €207 billion this year, compared with €190 billion last year, based on(...)

Jean-Claude Juncker gives a press conference to announce the attribution of portfolios of European Commissioners-designate at EU commission headquaters in Brussels. Photograph: Olivier Hoslet

European Commission President-elect Jean-Claude Juncker has unveiled the European Union executive for the 2014-2019 period. The team, which mus(...)

Ten per cent of EU agricultural exports go to Russia annually and their total value is around €11 billion. Photograph: Alkis Konstantinidis/Reuters

Senior agricultural experts from all 28 European Union countries will hold an emergency meeting next Thursday to analyse the impact of a Russian ban o(...)

The Arena de Sao Paulo Stadium, which will host the opening match of the 2014 World Cup. Photograph: Paulo Whitaker/Reuters

After a decade of infatuation, investors have suddenly turned their backs on emerging markets. In the Bric countries – Brazil, Russia, India and China(...)

The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE over illegal subsidies, people close to the matter said.

The European Commission plans to send a formal warning to China that it is ready to levy trade duties against telecoms equipment makers Huawei (...)