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BBC Business News

IMF lowers global growth forecast (Thu, 24 Jul 2014 15:50:10 GMT)
The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.

Barclays challenges US fraud case (Thu, 24 Jul 2014 15:35:28 GMT)
Barclays challenges legal action brought by US prosecutors alleging fraud in its "dark pool" trading operations.

GM profits hit by recall problems (Thu, 24 Jul 2014 15:33:05 GMT)
Earnings at the US carmaker General Motors slump because of the cost of vehicle recalls.

Banks face tougher accounting rules (Thu, 24 Jul 2014 17:13:20 GMT)
Newly published banking standards could mean banks have to hold significantly more funds to guard against potential loan losses.

Register 'fails to stop cold calls' (Thu, 24 Jul 2014 15:02:39 GMT)
Only a third of "nuisance" calls are blocked by a service that allows individuals to opt-out of marketing calls, research has found.

Europe lifts Tel Aviv flights ban (Thu, 24 Jul 2014 13:22:06 GMT)
The European Aviation Safety Agency has joined the US in lifting its ban on flights to Tel Aviv's Ben Gurion airport.

UK retail sales continue to grow (Thu, 24 Jul 2014 09:20:38 GMT)
The volume of goods sold in the UK's shops, stores and supermarkets continues to grow, according to the Office for National Statistics (ONS).

Alstom charged with corruption (Thu, 24 Jul 2014 11:21:59 GMT)
Alston Network, a UK subsidiary of the giant French engineering group Alstom, has been charged with corruption by the Serious Fraud Office (SFO).

Unipart Automotive sheds 1,200 jobs (Thu, 24 Jul 2014 11:19:09 GMT)
More than 1,200 jobs are lost from Solihull-based car parts firm Unipart Automotive as it goes into administration.

Carbon concerns over wood burning (Thu, 24 Jul 2014 12:58:56 GMT)
Burning wood to fuel power stations can create as many harmful carbon emissions as burning coal, according to a government report.

'Risk of debt peril' when rates rise (Wed, 23 Jul 2014 23:00:03 GMT)
A "relatively benign" rise in interest rates still has the potential to double the number of households facing debt problems, a think tank has said.

Standard Chartered board backs execs (Thu, 24 Jul 2014 15:44:28 GMT)
Standard Chartered bank has backed its chief executive and chairman after media reports that they are under pressure to stand down.

'Act now' on tax credit renewal (Thu, 24 Jul 2014 11:11:43 GMT)
Hundreds of thousands of people have a week to renew their tax credits or face losing the payments, HM Revenue and Customs says.

Spanish unemployment below 25% (Thu, 24 Jul 2014 11:07:32 GMT)
The unemployment rate in Spain falls below 25% for the first time in two years, as the economy begins to grow.

Bigger payout for power cut victims (Thu, 24 Jul 2014 07:30:29 GMT)
People whose power is cut off for long spells during bad weather will be eligible for much higher compensation payments.

Websites frozen in pension campaign (Thu, 24 Jul 2014 08:19:43 GMT)
Eighteen websites have been suspended and arrests made during a campaign, being revamped on Thursday, against pensions cash "predators".

European Central Bank website hacked (Thu, 24 Jul 2014 09:34:08 GMT)
The website of the European Central Bank has been hacked, with personal information stolen, but the bank says no market sensitive data was compromised.

LG Electronics sees big profit jump (Thu, 24 Jul 2014 08:55:59 GMT)
LG Electronics sees a big jump in second quarter profit, due to turnaround in its mobile phone division.

Herbalife dodges "death blow" (Wed, 23 Jul 2014 15:05:55 GMT)
Hedge fund manager Bill Ackman fails to land his promised "death blow" on diet shake company, Herbalife.

British holidaymakers return to Spain (Tue, 22 Jul 2014 15:16:49 GMT)
The number of people taking their holidays in Spain reaches record levels, according to the country's tourism ministry.

Watchdog launches full energy probe (Thu, 24 Jul 2014 08:13:31 GMT)
The Competition and Markets Authority launches a full investigation of the UK energy market.

Young adults face housing squeeze (Wed, 23 Jul 2014 11:38:10 GMT)
A growing proportion of young people have been squeezed out of the housing market in England and are renting privately instead, a report suggests.

Disability benefits flaws 'grave' (Wed, 23 Jul 2014 07:29:26 GMT)
Parts of the disability benefits system require a "fundamental redesign" because flaws in the process are so "grave", a group of MPs says.

China manufacturing growth speeds up (Thu, 24 Jul 2014 02:34:56 GMT)
China's manufacturing activity grows at its fastest pace in 18 months in July, an initial survey by HSBC shows, the latest sign that its economy may be stabilising.

IMF forecasts lower US growth (Wed, 23 Jul 2014 18:39:02 GMT)
The IMF is lowering its forecast for US economic growth to a "disappointing" 1.7%, the second downgrade this year.

South Korea unveils $40bn stimulus (Thu, 24 Jul 2014 08:13:04 GMT)
South Korea unveils a $40bn stimulus package to help boost the economy after the latest figures show a slowdown in growth.

A company born out of frustration (Mon, 21 Jul 2014 22:50:25 GMT)
Easy Taxi founder Tallis Gomes explains how the difficulties of hailing a cab in Rio de Janeiro led him to create his smartphone app.

Akubra: Keeping it in the family (Mon, 21 Jul 2014 04:24:38 GMT)
Akubra has been run by one family for five generations and their handsome felt hats, which are made with rabbit fur, are very much a part of Australia's national identity.

Slovakia's successful app entrepreneur (Sun, 20 Jul 2014 22:34:10 GMT)
Aged just eight, Michal Stencl knew he wanted to be a computer programmer - now he runs a firm selling one of world's most popular apps.

Labour considers sport betting levy (Thu, 24 Jul 2014 02:51:52 GMT)
A betting levy to help fund community facilities and treat gambling addiction is among proposals considered by Labour in a "long-term innovative plan for sport".

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