JP Morgan agrees to a $5.1bn (£3.2bn) settlement with the US Federal Housing Finance Agency relating to charges it misled investors during the housing crisis.

Germany says it will be sending its top intelligence chiefs to Washington to "push forward" a probe into allegations of US spying on its leader and citizens.

Cuba is to scrap its divisive two-currency system in the latest financial reform rolled out by President Raul Castro, official media report.

Brazilian police have broken up a gang of people traffickers, which was sending prostitutes to Angola and other parts of Africa.

Hundreds of protesters attack a bus station in the Brazilian city of Sao Paulo, setting fire to a bus and destroying cash machines.

The authorities in Saudi Arabia warn that any women who take part in a campaign against a ban on female drivers on Saturday will face repercussions.

US music producer Quincy Jones is suing the estate of the late Michael Jackson, claiming he is owed millions in royalties and production fees.

A detained Chinese journalist whose newspaper has made front-page appeals for his release confesses to wrongdoing on state TV.