BUSINESS

Prudential Regulation Authority and Financial Conduct Authority published first review of reforms.

Spanish Wi-Fi provider Gowex files for bankruptcy after CEO and founder admitted fiddling accounts.

The announcement was part of the International Festival for Business 2014.

Poverty standards as per new benchmarks are being criticised for making "neither common sense nor economic sense."

Russian consumer confidence rebounded slightly in June from a record low the previous month.

The Office of Rail Regulation (ORR) said firm had fallen 'significantly short' of punctuality targets.

German premier landed in Chengdu yesterday with a delegation of German companies.

Final year students' confidence in the job market is at its highest for more than a decade.

Germany says industrial output fell at fastest pace for two years during May.

Some £6bn of funding to local governments has been announced with more to follow over next six years.

The Dow breached 17,000 points on 3 July before the US markets closed for Independence Day

Airbus also vying to bag $2bn contract to build UH-X helicopters for Japan's military.

The office of the future offers great flexibility, but could be a dystopian nightmare for some.

Consumer spending rose 0.6% on year in June, rounding off fastest growing quarter since mid-2010.

Premier says China will take 'targeted measures' to beat downward pressures on economy.

Grout denies charges of conspiring to hide billions of dollars in losses made by Bruno Iksil.

The Chartered Institute of Internal Auditors said internal employees should be allowed to report bad attitudes.

Reliance Communications employs 15,000 people, out of which some 6,000 employees will lose their jobs.

Britain is looking for investment opportunities in India's defence and infrastructure sectors.

Deloitte CFO survey finds expectation of imminent interest rate rises.

For Mark Carney, BoE policy review provides an opportunity to clarify present situation or future.

CVC Capital Partners holds 35% stake in F1 while Ecclestone has 5% stake.

Opec and IEA to release their first estimates for 2015 next week.

India could ease gold import curbs as Narendra Modi puts public and trade over economics.

Britain to remain sixth largest economy in 2030, despite tough competition from emerging nations.

High-level appointment follows those from Burberry and Yves Saint Laurent.

Argentina is sending its team to New York on 7 July to discuss settlement with holdout funds.

German TV broadcasters claim they have been given an NSA software program that monitors Tor users

World Bank to provide $400 million for gas storage facility at Tuz Golu.