BUSINESS

Job losses represent around 30% of the embattled firm's workforce.

Tesco has cut its full-year profit forecast to £2.4bn from £2.8bn and slashed its dividend by 75%.

Decision comes as major blow for Telecom Italia, which offered €7bn for GVT.

South Korea's higher industrial and manufacturing numbers reduce likelihood of further rate cuts.

Companies look to gain from high-growth e-commerce market in China, dominated by Alibaba.

New rules would limit holdout creditors' ability to litigate and undermine sovereign debt restructurings.

Russian lender looking to cash in on popular superstition and boost mortgage business.

Hometrack survey reveals zero growth in house prices on average in London as market halts.

TV star says having aspiration is vital for students to pursue science subjects.

Freedom of movement restricted in and out of countries where virus has proliferated.

Chris Whitehouse says employers need to take a chance on the next generation.

Italians biggest eurozone investors in London property after country slides into recession.

European Union Energy Commissioner Guenther Oettinger said bloc prepared for possible winter crisis.

Carmichael coal project in Queensland is already four years behind schedule.

Hacktivist collective Anonymous call for "Hands Up & Walk Out" general strike for Friday, 29 August

Open letter signed by likes of ex-William Hill boss favours independence for Scotland.

Doctor said to have contracted disease from the man linked to Nigeria's first case of Ebola.

JP Morgan was one of the banks to suffer the cyber attacks.

GSK is developing the vaccine with the Vaccine Research Centre of America's National Institutes of Health.

HEG Technology said no children working in its Huizhou factory.

Telefonica increased its offer for GVT to €7.5bn, after Telecom Italia offered €7bn in cash and stock.

The Prime Minister pledge to slash net migration to less than 100,000 by 2015.

British Chambers of Commerce warns early rates rise would choke off household spending.

Russia to sell 19.5% of world's top oil producer by output.

Shelter says housing costs and cuts to support are leaving many families on a financial knife-edge.

India's potential for growth is improving but is hurt by price pressures, while inflation is keeps its sovereign rating down.

South China Sea territorial dispute led to riots in Vietnam.

Milburn says top jobs remain disproportionately held by people from a narrow range of backgrounds.

Bank of America said RBI will cut repo rate by 75-100 BPS from early 2015.