World stock markets were mostly lower today despite European leaders finally clinching a deal to prevent Greece going bankrupt.

World stocks rose today amid growing optimism that European leaders will approve aggressive plans by the end of the week to rescue the region from a debt crisis that has rocked financial markets for months.

A SELF-STYLED lord was jailed for eight years yesterday for his part in a “bold and sophisticated” bid to pull off the world’s biggest theft.

A ship carrying 4,000 South Korean cars sank after colliding with an oil tanker just south of Singapore, port officials said today.