Obama: EU 'must focus on growth'

Sun, 20 May 2012 06:09:32 GMT

US President Obama wraps up a G8 summit saying that leaders agree economies must focus on jobs and growth to boost recovery.

A fifth 'have no pension savings'

Mon, 21 May 2012 00:24:33 GMT

A growing number of people are failing to save anything for their retirement - leaving them in a "precarious" position, a pensions provider says.

China clears Google Motorola bid

Mon, 21 May 2012 01:07:28 GMT

Chinese regulators approve Google's $12.5bn purchase of US phone maker Motorola Mobility, the final hurdle for the deal to go through.

Single 30% income tax rate urged

Mon, 21 May 2012 00:47:53 GMT

A single 30% rate of income tax is needed in order to boost growth in the UK, according to a report by a campaign group and business leaders.

Balls warns of cuts 'catastrophe'

Sun, 20 May 2012 10:21:05 GMT

Labour's Ed Balls warns the world economy faces a "catastrophe" unless Germany abandons pressure on eurozone countries to cut public spending.

Report 'to urge cutting red tape'

Sun, 20 May 2012 15:22:43 GMT

The prime minister is this week expected to back a plan to help boost growth by cutting employment red tape.

Euro banks 'in tatters' - Clarke

Sun, 20 May 2012 13:23:41 GMT

Former chancellor Ken Clarke says Europe's banking system is "in tatters" and warns the UK is "heavily exposed" to potential problems.

Facebook shares see modest debut

Fri, 18 May 2012 20:49:36 GMT

Facebook shares end a volatile first day of trading at $38.23, barely above the company's initial pricing, having initially jumped more than 10%.

HSBC machines hit by IT failure

Sun, 20 May 2012 21:10:24 GMT

UK customers of HSBC report problems using cash machines, making card payments and online transactions, but the bank says the problem is fixed.

Yahoo jumps on Alibaba deal talk

Fri, 18 May 2012 16:35:40 GMT

Shares in internet giant Yahoo rise 5% on reports that it is close to selling its valuable stake in Alibaba Group, the Chinese e-commerce company.

Merkel 'suggests Greek euro vote'

Fri, 18 May 2012 21:13:41 GMT

Greek officials say Germany's Chancellor Merkel has suggested a euro referendum, but Berlin denies the report.

N Rock rescue 'could cost £2bn'

Thu, 17 May 2012 23:00:31 GMT

The taxpayer could lose about £2bn once the assets of collapsed bank Northern Rock are wound down, the National Audit Office estimates.

JP Morgan boss to testify in US

Fri, 18 May 2012 13:01:13 GMT

JP Morgan chief executive Jamie Dimon will appear before a Senate committee to explain the bank's $2bn trading loss on a failed hedging strategy.

UK in £50m pork deal with China

Fri, 18 May 2012 09:56:56 GMT

The UK agrees a £50m trade deal to sell pork to China, the world's biggest market for pig meat, where parts such as offal and trotters are more popular.

HMRC defends child benefit plan

Thu, 17 May 2012 23:00:43 GMT

Asking people to reveal financial information to their partners is legal, HM Revenue & Customs says, despite claims it breaks confidentiality rules.

Cuban offshore oil attempt fails

Fri, 18 May 2012 20:00:34 GMT

Spain's Repsol oil company says a first attempt to find oil off Cuba's northern coast has been unsuccessful.

Facebook boss in surprise wedding

Sun, 20 May 2012 02:16:38 GMT

Facebook founder Mark Zuckerberg ends a hectic week by getting married to long -time girlfriend Priscilla Chan in a surprise ceremony at his home.

Inside world's ‘priciest house’

Fri, 18 May 2012 10:36:24 GMT

The first pictures are released showing inside the "world's most expensive house", owned by the Ambani family in Mumbai.

£9k fees 'to push debt up £100bn'

Fri, 18 May 2012 11:38:12 GMT

A study suggests public sector debt will be pushed up by £100bn over next two decades by higher university fees.

Private rents 'increasing again'

Thu, 17 May 2012 23:00:49 GMT

Private rents in England and Wales went up by 0.5% in April, according to letting agency group LSL Property Services.

More households in fuel poverty

Thu, 17 May 2012 13:30:03 GMT

Gas and electricity price rises at the end of last year are expected to have pushed 400,000 more households in England into fuel poverty.

China property prices fall again

Fri, 18 May 2012 07:19:33 GMT

Chinese property prices continued to fall during April after the government kept policies in place to curb speculation.

EU 'plans for Greek exit option'

Fri, 18 May 2012 17:19:23 GMT

The EU Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says.

Spain's cost of borrowing jumps

Thu, 17 May 2012 10:16:17 GMT

The cost of borrowing on the international money markets rise sharply for Spain as investors fear further financial turmoil in Europe.

Stagecoach in £100m US expansion

Fri, 18 May 2012 09:08:43 GMT

Perth transport group Stagecoach is to buy parts of a US bus firm for about £100m, helping it expand its operations.

LSE reveals strong profits rise

Fri, 18 May 2012 16:11:57 GMT

The London Stock Exchange bucks the economic turmoil to deliver a better-than-expected rise in annual profit.

Rain dampens sales at pub group

Fri, 18 May 2012 07:35:33 GMT

Pubs group Mitchells & Butlers reports a sharp slowdown in sales, saying the recent wet weather has led to fewer customers.

Ticketus deal 'being terminated'

Fri, 18 May 2012 13:36:51 GMT

Charles Green says administrators at Rangers have told Ticketus they are terminating its contract over future ticket sales.

Debt-ridden Glens to get IFA loan

Fri, 18 May 2012 10:54:59 GMT

Glentoran's cash flow crisis is expected to be eased by a loan from the Irish Football Association.

Sierra Leone league resumes

Fri, 18 May 2012 17:25:07 GMT

Sierra Leone's football league resumed on Friday, less than a week after suspending operations because of a shortage of funds.

VIDEO: Apple and Samsung patent row talks

Mon, 21 May 2012 00:34:50 GMT

Samsung and Apple will hold negotiations in the US on Monday, aimed at resolving a lengthy dispute over patents, a row which led to more than 50 lawsuits in 10 countries.

VIDEO: Zac Posen targets Asia for growth

Mon, 21 May 2012 01:16:21 GMT

Fashion guru Zac Posen, who has created gowns for stars like Gywneth Paltrow and Oprah Winfrey, has designs on Asia.

AUDIO: Peston: Rock loss 'not a disaster'

Fri, 18 May 2012 09:26:06 GMT

A report published by the National Audit Office into the creation and sale of Northern Rock reveals that the government is likely to lose £2bn overall by the time all the assets are wound down. The BBC's business editor Robert Peston has the details.

VIDEO: EU 'taking all neccessary action'

Fri, 18 May 2012 16:10:01 GMT

EU Economic Commissioner Olli Rehn has said the eurozone is taking "all necessary action in order to overcome" the debt crisis.

VIDEO: Eurozone in spotlight at G8 talks

Sat, 19 May 2012 17:36:28 GMT

The leaders of the G8 group of the world's most powerful economies say they want debt-stricken Greece to remain in the eurozone.

VIDEO: Facebook shares see modest debut

Fri, 18 May 2012 21:11:10 GMT

Facebook shares ended their first day of trading at $38.23, barely above the company's initial pricing of $38.

VIDEO: Should Britain build a spaceport?

Fri, 18 May 2012 10:24:53 GMT

A new report is recommending that the UK builds its own spaceport, to enable tourists to go into space.

VIDEO: 'Business leaders should work harder'

Fri, 18 May 2012 09:55:28 GMT

Former Sun editor Kelvin MacKenzie has said British business leaders should work harder to get the UK out of the current economic downturn.

What next if Greece quits the euro?

Sun, 20 May 2012 16:34:19 GMT

What happens if Greece quits the euro?

Facebook: How the others fared

Sun, 20 May 2012 00:20:27 GMT

How did other internet companies fare after flotation?

Smaller engines drive petrol revival

Sun, 20 May 2012 16:28:28 GMT

Smaller engines drive petrol revival

Jubilee: Your rights to a day off

Sun, 20 May 2012 16:37:09 GMT

Your rights to a day off to mark the Diamond Jubilee

US firms put principles before profits

Sun, 20 May 2012 16:31:15 GMT

The US firms putting social values before chasing the highest profits

Bleak times for Calcutta business

Sun, 20 May 2012 16:38:48 GMT

Political change in Calcutta isn't working for eithers

Huge economic challenge awaits Egypt's next leader

Sat, 19 May 2012 00:26:18 GMT

Egypt's economic crisis sets major task for country's next leader