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General Motors invests $500m in Lyft to boost 'rapid growth' at ride-sharing firm

The new alliance means that GM will hold a seat on Lyft's board of director's as well.

Global rout: European markets plummet in new year as Shanghai slips on manufacturing data

Trading was halted briefly on the Shanghai Composite as the bluechip fell almost 7%.

China suspends stock trading on first day of 2016 after 7% slump activates 'circuit breaker'

The CSI300 of companies listed in Shanghai and Shenzhen fell as much as 7.02% at around 1.28pm local time.

Junior doctors' strike: NHS England and BMA resume crunch talks over contract dispute

Parties are back around the table after avoiding an historic walkout in December.

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British engineering skills in crisis according to shipbuilder Cammell Laird

Britain faces shortage of engineering skills says shipbuilder Cammell Laird

Cammell Laird has warned that the shortage of skilled workforce will make it difficult for the company to grow.

Sainsbury's follows Tesco, Asda and Morrisons in cutting diesel prices to below £1

The price of diesel has fallen to around two pence below the price of petrol, which is usually cheaper.

HSBC snaps ties with Islamic Relief over 'terror' fears

The charity expressed surprise at the decision but said other partners were helping it maintain supplies.

Asian markets in the red on the first trading day of 2016 following weak data & currency devaluation from China

Asian markets in red following weak China data and yuan devaluation

Weak China PMI and devaluation by People's Bank of China affect market sentiments.

Britons spend a higher proportion of their earnings on rail commute than Europeans: Action for Rail

Britons spend six times more on rail fares than Europeans

Commuters spend about 13% of their wages on season tickets.

Oil prices could hit bottom in early 2016 according to Bob Dudley of British Petroleum

Bob Dudley says oil prices could hit new bottom in early 2016

BP chief also said investors recognised the true value of company's 'stranded assets'.

NatWest debit cards non-functional on the first day of 2016

New Year's Day 2016: NatWest glitch embarrasses grocery shoppers

Customers were unable to use bank's debit cards at Tesco and other stores.

Airbus to surpass Boeing in 2015 aircraft net orders

Airbus to surpass Boeing again in orders for new aircraft

European company had 1022 orders by the end of December 2015, compared to Boeing's 743.

Waitrose to distribute protein-packed food products of Cool Beans

Waitrose to distribute Cool Beans protein packs

Irish company's products hope to cash in on the UN campaign to promote "super foods".

Eric Schmidt is right - Britain's technology whizzkids do take the money and run

Why do British success stories sell up much faster than those in the US?

Nasdaq makes first ever share trade using bitcoin's blockchain technology in 'seminal moment'

Nasdaq used Linq ledger to transfer shares in 'seminal moment' for blockchain technology.

Mike Ashley: Sports Direct owner pledges £10m to boost employees' wages

All staff on the minimum wage will receive around 15p extra an hour.

UK banking regulator FCA drops major finance industry culture inquiry in favour of misconduct investigation

Politicians have criticised the Financial Conduct Authority's decision to prematurely drop the inquiry.

New Year's Day: UK shop opening hours for food and January sales

Shops open on New Year include Sainsbury's, M&S, Tesco, Waitrose, Aldi, Morrisons, ASDA, and John Lewis.

Asian stock markets outside Shanghai and Mumbai finished the week lower

New Year 2016: Rate hikes, China growth and lower oil prices - the business outlook

Central banks raising rates, China's slowing economic growth and falling oil prices set to dominate 2016?

Uber rewards London passenger on billionth ride

Marvin will get up to £10,000 in free rides in 2016 while the driver will get an all-expenses paid vacation.

HMRC to review airport shops that fail to pass on VAT savings to customers

Chancellor George Osborne says shops keep up to half of VAT savings instead of passing them on.

IMF chief Christine Lagarde predicts 'disappointing' 2016 after US interest rate hike and China slowdown

Head of International Monetary Fund said low global trade and raw material prices would weigh down on growth.

Marketing fail: Aldi flogs Paris Bright Bomb fireworks just weeks after Bataclan terror attacks

Unfortunate name for fireworks range criticised by prominent German media outlets for insensitivity.

UK floods: Britons face £1bn bill for damage repair that insurance will not cover

Damage cost estimates come as the UK sees continued flooding caused by Storm Frank.

Twitter: Microblogging site vows to crack down on trolls

Company outlines new policy toward varied forms of abuse, and terrorism.

St. Antony sacked, AB Inbev's megabrew, Volkswagen up in smoke and Uber victory: 2015's biggest business stories

IBTimes UK lists the most prominent business stories of the year by the headlines.

Barclays to pay $13.75m to settle US mutual funds case

Banking giant accused of failing to stop its American customers from making unsuitable mutual fund switches.

Unexpected events can force governments to change course - so let's hope this one rethinks the cuts

Cameron and Osborne successfully sold the 'public spending crisis' interpretation to the public.

UK floods: Storms could 'destabilise' FTSE 100 as waters continue to rise in northern England

Low trading volumes and lack of new data means flooding could hit FTSE indices.

UK high street footfall jumps 12% on Boxing Day

Visits to shopping centres were up 7.8% as businesses benefitted from the long Christmas weekend.

Saudi Arabia budget deficit surges after the fall in the price of crude oil

The first budget under King Salman, who was crowned in January, makes a cut in Saudi Arabia's fortunes.

Diageo to set up plant in Bali to produce its alcohol-free drink Guinness Zero

The new plant will help the company reduce the cost of producing the alcohol-free drink.

Asian markets mixed as crude oil prices decline

Amid lack of cues, market men look forward to the New Year.

Martin Sorrell remains highest paid UK CEO

Matthias Mueller, Martin Sorrell and Jack Dorsey's 2015 statements: The year in business quotes

"In my German words, we have totally screwed up" Michael Horn on messing up

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