BUSINESS

Sony looks to recover from four straight yearly losses with the sale of its New York City headquarters.

The deal requires Cyprus to trim deficit, shrink banking sector and increase taxes.

Analysts say deficit reduction still Chancellor George Osborne's main aim ahead of 2013 Budget.

Emails show Bruno Iksil, the so-called "London Whale", grew concerned with management's efforts to stem losses at the chief investment office

Pound sees biggest jump since July before broadcast of ITV interview with Bank of England governor that warns recent fall has gone too far.

Singapore government introduces five to seven percent hike in stamp duty for house buyers to cool the sector .

Increased availability of mortgages have triggered more home purchases recently.

The European Union Summit have debated the issues of jobs, growth and spending cuts in the region.

Boeing incorporates additional safety features in the battery system to make it reliable.

Shell not permitted to drill until its operations are overhauled to meet harsh Arctic conditions.

Japan's upper and lower houses approve former ADB chief Haruhiko Kuroda as the next Bank of Japan chief.

Operation Weeting detectives arrest four Trinity Mirror editors as publisher announces poor 2012 results.

Lloyds Banking Group’s job cuts are in line with CEO Antonio Horta-Osorio's strategy to slash headcount by 15,000 by 2014.

Labour leader Ed Miliband uses British Chambers of Commerce speech to make regional banking promise.

Swiss bank reduces bonus pool by 7% on 2011 but still pays out sums equivalent to net loss for 2012.

Global property deals to top $1tn in 2013 on improved confidence and increased sovereign wealth fund interest.

Fresh HM Revenues & Customs data also shows trade deficit between UK and EU narrowing at start of economy's first quarter.

Trinity Mirror posts decline in 2012 profits and revenue partly due to competition from rival Sun on Sunday.

World's key biofuels and renewables leaders debate challenges industry faces.

Home Retail's Argos division benefits from increased sales of consumer electronics, white goods and core electricals.

India's wholesale price index beats analysts' expectations and rises to 6.84% in February. .

Retailer in technology and licensing talks with Ocado on plans to launch online offering in 2014.

Australia adds 71,500 jobs in February, the most since 2000, while unemployment rate remained at 5.4%.

Japan's industrial output rises 0.3% in January as against initial reading of 1% gain, shows revised data.

New Zealand's labour market remains weak despite expansion in demand and output, leading to uneven economic economy.

South Korea's economy faces downside risks as it struggles with the external market conditions and yen's weakness.

Agreement should prevent further strikes at Spanish carrier but will cost more than 3,000 jobs.

Treasury minister Greg Clark confirms that Jim McGovern MP's constituent's TBL included in review despite previous bar.

Sale attracts €13bn and could mark crucial stage in efforts to exit EU/IMF bailout.