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New Balance moves into football as it looks to double revenue to $6bn

The US sportswear giant is set to make a major entry into the world of football as it takes on the dominance of Nike and Adidas.

Lloyds and RBS: UK's good bank, bad bank scenario

Nowadays the unglamorous world of retail banking has become the acceptable business model for UK banks.

Asian markets round-up: Bourses outside Shanghai trade higher

Chinese markets regulator says its recent move to expedite approvals for IPOs will not have a big impact on the market.

Goldman Sachs calls for $37bn UK funding to develop new antibiotics

A British government-backed review released on Thursday (14 May) is seeking billions of dollars to fund the development of 15 new antibiotics to counter antibiotic resistance.

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Bashar al-Assad's Syrian Electronic Army hacks Washington Post

The media always lies, claim Damascus hackers.

UK consumers steer clear of shopping centres and the high street

British Retail Consortium says overall footfall in April 2015 was down 0.8%.

McDonald's at 75: Pink slime, McLibel and other scandals

McDonald's opened its first ever restaurant 75 years ago in San Bernardino, California.

McDonald's at 75: The fast-food monster by numbers [Infographic]

It is 75 years since the first ever McDonald's restaurant opened in San Bernardino, California.

General Electric fuels then fires up 3D-printed jet engine

Countdown to brave new world.

Roman Abramovich has loaned Chelsea more than £1bn since 2003 takeover

London club has won 15 trophies since oligarch bought it.

Manchester United posts financial loss as Champions League absence takes toll

Manchester United reported a loss of £2.9m

Alibaba CEO Zhang: Firm to invest heavily abroad for global expansion

Zhang says if Alibaba does not globalise, it will not be able to last a 100 years.

India's gold demand could rise in second quarter, says WGC

Global gold demand dipped a meager 1% year-on-year to 1,079.3 tonnes in a "generally quiet first-quarter".

UK housing market: Rent rises across UK finally match pace of London

UK regions rose by 7.4% while London was up by 7.5%, according to HomeLet.

Saudi Arabia declare victory over US shale producers

Saudi Arabia continues to intensify production, moving market share away from high-cost rivals US shale producers.

Apple Pay China launch: 'A smart move, though not one without risk'

While partnership with Alibaba would be a great advantage, strong rivals such as Tencent could make venture riskier.

David Cameron victory brings relief for small businesses - and Sajid Javid is a superb appointment

Sajid Javid, the son of a Pakistani bus driver, has been appointed Business Secretary.

The re-emergence of the Whigs could mark an old political and economic dawn

The Whigs are back in British politics and are offering an array of alternative policies.

RICS: House prices on the rise because not enough properties being put on the market

The amount of houses being put up for sale dipped for the eighth time in nine months

Asian markets round-up: Bourses see mixed trade amid worrying China data

The Shanghai Composite index ends a tad higher as excitement over more government stimulus fades.

McDonald's 75th anniversary: Inside the weird, wonderful (and creepy) McDonald's museum

Albert Okora has proudly eaten over 10,000 hamburgers. Now he jealously preserves fast-food culture on the site of the very first McDonald's.

Forex fixing scandal: RBS currency chief quizzed by US Department of Justice after UK probe

RBS head of forex trading questioned by US Department of Justice in relation to allegations of market rigging

Anonymous creator of Hacker's List website reveals himself as cybersecurity consultant

Charles Tendell has revealed himself as the anonymous creator of "the Craigslist for hackers".

Sharp announces ¥200bn bailout and thousands of job cuts amid steep losses

Company reported net loss for year to March of ¥222.3bn, compared to a net income of ¥11.6bn in previous year.

Paddy Power revenue soars as chairman Nigel Northridge steps down

Irish bookmaker said makes strong start to year with net revenue up 35%

British Land burgeons in robust UK property market

UK property developer increases property portfolio by 12% as it unveils pretax profit boost

A123 Systems' Romulus, Mich. manufacturing facility

A123 Systems and Apple agree to settle employee-poaching case

A123 Systems earlier sued Apple for allegedly poaching its engineers to develop "large scale battery division".

Wal-Mart to take on Amazon with $50-per-year fast delivery service

Service, codenamed 'Tahoe', will be similar to Amazon Prime, and is intended to boost Wal-Mart online business.

US House votes to shoot down phone data sweep by National Security Agency

Now it up to a divided GOP Senate

Average US CEO earns more daily than workers make annually — $37,000

Mind the gap

Saudi Arabia claims oil strategy of squeezing high-cost frackers is working

Riyadh upped crude production and 60% of rigs in US shut.

Wall Street 'flash crash' trader Navinder Singh Sarao granted legal aid

Help needed to fight extradition and meet bail conditions.

Lizard Squad 'hijacks' thousands of home routers to launch DDoS attacks

Hackers are creating botnets by hijacking small business and home routers that have been misconfigured.

Bond sell-off sparks pensions fears

Financial advisory firm deVere has warned that recent turbulence could adversely impact pensions.

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