Trials of a new malaria vaccine in Africa have raised hope of finding the world's first successful immunisation against the disease. Infants given the vaccine were half as likely to get the disease. More than 15,000 children under 18 months took part in the study, which has been published in the New England Journal of Medicine. Here's our health correspondent Fergus Walsh.

An effective vaccine would transform the life chances of millions. Nine-month-old Pamela from Kenya is one of those to receive the experimental jab being trialled in several African countries. Bed nets and insecticide will remain vital in the fight against malaria. The vaccine is no magic bullet, but even the jab that was 50% effective could save huge numbers of lives in the years to come.

The US investment bank Goldman Sachs has posted a quarterly loss for the first time since the start of the world economic crisis in 2008. The bank said it lost more than $400m in the third quarter of this year. Its biggest hit was a $1bn loss in its investment in a leading Chinese bank.

Russia is considering building a Moon colony in what satellite images suggest are lunar caves. Sergei Krikalyov, head of Russia's cosmonaut training centre, said a Japanese spacecraft in 2008 photographed a hole in the Moon's surface, which could lead to tunnels forged by lava from ancient volcanoes.

BBC News