Bangladesh lifts pay for garment workers 

The country has approved an 80 per cent increase in the minimum wage for its garment industry in a bid to end months of unrest by workers who produce clothes for leading western brands

 Banks plan for loss of eurozone member 

The International Swaps and Derivatives Association has asked some members to plan what to do if a European country has to leave the euro

 India: committed approach 

India presents similar political fragmentation. Local authorities are in charge of developing much of the local infrastructure and need external funds; and the central government has the buying...

 Lazard outpaces rivals as merger fees rise 

The investment-banking boutique shakes off a brutal spring on Wall Street to post better than expected quarterly profits as asset-management and merger advisory revenues increase 27%

 Pharmaceuticals help European bourses rebound 

A clutch of impressive earnings from some of the Europe's biggest companies helps improve sentiment, as the region's traders turn away from worrying US data and concentrate on robust corporate...