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BREAKING NEWS: Unions have agreed to work in partnership with Marconi over its plans to cut jobs. Full story

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 FTSE100 at 20:20  Dow Jones at 20:20  Nasdaq at 20:20
 Last close 4943.60  Last close 9605.65  Last close 1695.38
 Opening 4936.90  Opening 9605.65  Opening 1695.38
 Current price 4755.70  Current price 9605.65  Current price 1695.38
 Change -187.90  Change 0.00  Change 0.00
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Tthe FTSE 100 Index closed down 187.9 points at 4755.7 (AP) London shares lose £43 billion
London shares had another £43 billion wiped from their value today with the FTSE 100 Index closing down 187.9 points at 4755.7 at the end of one of the most traumatic weeks in the City's history. More

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New York Mayor: Wall Street will be back in business soon
New York government officials say the city's authorities are working hard to get as many businesses as possible up and running again in Wall Street. Full story

A fifth of New York's key office space has gone

Insurers 'can absorb up to £35bn'
New York mayor Rudolph Giuliani (AP)
"I feel sick. This was not just an attack on the US it was an attack on all of us in the free world."
Ananova readers give us their reaction to the horrific events in the USA. Tell Ananova your views
Sun Microsystems director Phil Rosenzweig was on one of the hijacked jets (AP) City workers await news as business helps out
City workers are still waiting for news of friends and colleagues feared dead after the attacks, as big business pays out millions to help the victims and their families.

Oracle quietly posts 2% profits rise as it mourns eight workers
Boss breaks down as he admits 700 staff may be dead
Business 'may have to bear cost of anti-terrorism war'
Business may have to bear the costs of the war against terrorism and extra security checks, analysts claim. Full story
US troops on Wall Street (AP)
Get the latest on the aftermath of the attacks, the victims and any retaliation sent straight to email or WAP phone
The second plane goes into the World Trade Centre (AP) Airport security firms were fined last year for lapses
The company in charge of checkpoints at two out of the three airports involved in Tuesday's hijackings was fined $1 million dollars last year. Full story
Airlines' credit rating is downgraded
Airlines want compensation to be limited
Find out if American and United Airlines are sued
 City news...
Portman buys Sun Life subsidiary
Portman Building Society has bought Sun Bank, a UK subsidiary of Sun Life of Canada, for £95m. The deal should strengthen its hand in the buy-to-let sector. Full story

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Portman's chief executive Robert Sharpe says Sun Bank is profitable, well managed, and has modern technology (Newscast)
 
BT Ignite boss quits
The chief executive of BT Ignite is quitting. Alfred Mockett will leave at the end of November to return to America to become chief executive and chairman of a US company. Full story
 
A Fortnum and Mason hamper Fortnum & Mason pins hopes on a happier Christmas
Fortnum & Mason is hoping for a better Christmas period after foot-and-mouth put off overseas visitors and left it with flat full-year profits. Full story
More stories about retailers
 More city news . . .
Korean taste for whisky boosts Burn Stewart Distillers
First year of independence sees Transware profits rise by £730,000
Local council orders bring ITnet into the black
Unions to work with Marconi over
job cuts

Unions have agreed to work in partnership with Marconi over its plans to cut jobs. Full story

Find out the latest developments at Marconi
Marconi's news chief executive Mike Parton (Newscast)
 Coming up next week. . .
Monday: Will Geest slip up with its interim results? Find out
Tuesday: Latest retail figures are released. Find out what they are
International Power is looking to expand to the USA. Get its interims
Tesco's interims should show it's still at the top. Get them
Thursday: Morrison's is looking to expand. Get its interims
 Latest business news
Byers says Europe should step up flight security
Report says buying property to rent is better than investing in shares
Analysts warn that some European airlines face bankruptcy
New York Mayor says Wall Street will be back in business soon
Airport security firm was fined last year over lapses
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