Financier Bernard Madoff is to be sentenced on Monday for plotting a $50bn (£30.3bn) investment fraud.

Russia’s fishing industry is one of the few sectors growing this year despite the crisis. But the sector is still heavily dependent on imports with Market players saying legislation is holding the industry back.

Russia's capital has hosted yet another celebration of the country's rich - the Millionaire Fair. That's just days after a report from Merrill Lynch, said the net worth of the world's top earners has fallen by a fifth.

Major Russian oil companies will pay a 2008 annual dividend despite the collapse of oil prices and sales towards the end of the year. At shareholder meetings this week, most are also outlining strategic plans.

The US economy should emerge from recession by the late summer, according to economists from some of the country's top banks.

The US government is set to announce a major reform of banking regulation to prevent future financial crises. (BBC)

The first deals have been done at this year's Paris Air Show, with Qatar Airways ordering 24 Airbus A320 jets. (BBC)

The US has appointed a "pay czar" to review executive compensation packages for firms that have received government bail-outs. (BBC)

The US Supreme Court has rejected a plea to block the sale of assets of the bankrupt carmaker Chrysler to the Italian firm Fiat. (BBC)

The US Supreme Court has rejected a plea to block the sale of assets of the bankrupt carmaker Chrysler to the Italian firm Fiat. (BBC)