BUSINESS

ONS data confirms GDP contraction as cold weather threatens first quarter triple-dip recession.

UK watchdog fine and censure for Tidjane Thiam for breaching rules on failed acquisition.

Bank's Financial Policy Committee says Britain's biggest lenders need stronger capital buffers by the end of the year

TUI Travel hails "very strong" winter trading that sees losses limited, sending shares up on London Stock Exchange.

Specialist insurance group announces £2.8bn profit despite one of the costliest claims on record.

Deal takes almost half of trade exchanges between Brazil and China out of US dollar zone.

A controversial advert showing women bound and gagged in the trunk of a Ford Figo with disgraced former Italian Prime Minister Berlusconi at the wheel has caused international outrage.

Britain's search and rescue helicopter services, whose pilots include Prince William, will be sold to United States-based Bristow Group in a £1.6 billion deal that ends 70 years of military involvement in saving lives at sea and on land.

FAA may consider a temporary cut to extended operations approval for Boeing's Dreamliners, according to reports.

Qantas expects to revive its international operations with Emirates alliance.

Live coverage of Treasury select committee scrutiny of Chancellor George Osborne's 2013 Budget announcement.

UK has made the most payments in the Chinese currency for the last 9 months, according to Swift

CBI retailers survey shows return to misery for high street amid unusually bad weather for March.

EU watchdogs expands probe into the industry body on possible collusion with banks on credit derivatives market data

Tokyo Electric Power on Monday (March 25th) blamed a rat for a 29-hour halt in power used to help cool spent nuclear fuel rods at its Fukushima plant last week, saying the rodent had triggered a circuit breaker after touching exposed wires.

Kingfisher plc, which owns Screwfix and B&Q, blamed economic downturn, bad UK weather and unfavourable exchange rate.

ECB executive board member Benoit Coeure challenges 'Cyprus template' suggested by Eurogroup president Jeroen Dijsselbloem.

A Boeing 787 Dreamliner took to the sky Monday (March 25th) in the first of two flights designed to help show that the new lithium-ion battery system meets regulatory safety standards.

Cyprus extends bank closure period in order to avoid mass withdrawals in connection with the bailout.

The president of Cyprus had promised the start of a new day after he clinched a last minute bail out deal in Brussels but the people of Nicosia woke up on Tuesday to much the same story.

Bank of Japan's new governor Haruhiko Kuroda reaffirms commitment to meet the recently-hiked inflation target.

Germany, Finland and Netherlands must approve aid while Cypriot banks cling to ECB lifeline.

Cupid is accused of hiring "motivation managers" to encourage people to buy full subscriptions.

China's steel production to rise 30 million tonnes this year but demand may not absorb increased supply.

Despite BoE's Funding for Lending Scheme, bank lending drops in February according to British Bankers' Association.

UK Asset Resolution, the 'bad bank' set up to unwind illiquid assets from bailed out Northern Rock and Bradford & Bingley, sees profit jump in 2012.

Cumulative statutory profits of big five declined by 40 percent in year to £11.7bn.

London leads home price increases as demand-supply gap continues to grow in UK housing market.

Fujitsu's investment in its British arm comes amid concerns that the UK is becoming a less attractive investment destination.