Friday Papers: IASB proposes accounting overhaul for insurers - other news

* Vince Cable warns India and other countries that 'economic nationalism' could derail world economy.

The Guardian

* Almost 3,000 City staff took home more than £1m last year, says FSA.

* British Airways to reveal losses from ash cloud and strikes.

* AstraZeneca doubled its share buyback programme to $2bn and raised its full-year profit forecast after reporting a net profit of $2.1bn for the three months to 30 June.

* BSkyB reported that revenue rose 11% to £5.9bn for the year to 30 June; operating profits rose 10% year on year to £855m; the company added 429,000 new HD subscribers in second quarter.

* Amazon launches new Kindle e-reader and UK ebook store.

* BT to fight Ofcom over pension costs; the company ready for battle with regulator; pension deficit shrinks to £6.6bn; profits up 17% to £446m; 240,000 broadband customers added last quarter.

The Independent

* The Bank of England data, released yesterday, showed that loans to non-financial companies fell by £7.7bn in June, or about 6.4 per cent a year.

* Rolls-Royce propels first-half earnings up by 55%.