BUSINESS

Global gold demand declines 11% due to weak market in China and Europe.

Every month commentators use headline figures to bash each other's head in, but they really need to look deeper at the UK economy data.

Oil giant BP have agreed to pay the biggest criminal penalty in US history, after receiving fines of $4.5bn for the 2010 oil spill in the Gulf of Mexico.

The region's second recession in three years comes amid increasingly violent protests over spending cuts and austerity measures.

ONS data shows UK retail sales growing 0.6 percent across year, though monthly decline of 0.8 percent.

MegaFon sets price range at $20 to $25 a share to raise at least $1.7bn.

The key shareholder that was holding back the deal has now given its backing over the takeover bid

Media reports say deal with US Justice Department could lead to the largest criminal fine in US history

Britain's triple-A debt rating will be reviewed following Chancellor George Osborne's autumn Budget Statement

Report stresses need for making Heathrow an international hub amid stiff competition from Europe.

Bank of England Governor Mervyn King hints there's little left to do in the face of "unappealing" mix of sluggish growth and faster inflation.

IBTimes UK explores why there is an apparent paradox in the labour market data from the ONS.

The company is recalling about 2.77 million vehicles worldwide due to problems related to steering wheel and water pump system.

Mervyn King says Britain faces "unappealing" mix of faster inflation and slow growth as uneven recovery path begins next year.

Cisco reports a net income of $2.09bn (£1.83bn), up 17.7 percent year over year for the first fiscal quarter.

London 2012 boost gone as more Britons claim the dole though employment rate improves.

Barclays confirms to IBTimes UK that it is starting to suspend swap payments for some SMEs that are in financial distress.

City veteran and CEO of ICAP Michael Spencer unleashes a checklist of reasons for why trading conditions are the worst in nearly 4 decades

The buyer is reportedly going to donate the diamond to a museum for display

Britain's third-biggest supermarket chain continues its seven-year run of profitability as the pace of its march on rival Tesco quickens

Anti-austerity protests are expected to disrupt public life and restrict transport links across the continent.

Home Depot also raises its full year forecast

It's Britain's third largest supermarket and it's bound to be making the Top Two in the game very nervous indeed. Sainsbury's half-year pre-tax underlying profits are up to £373m and its share of the market is the highest in almost a decade, to 16.7%

Names of new leaders yet to be formally declared

GE is notorious for having paid zero tax in US in 2010, but UK taxman hands its global tax boss award for 'helping HMRC run the UK's tax system'.

With two vast industries left untapped by the Treasury, IBTimes UK explores the economic case for decriminalising drugs and prostitution.

76-carat diamond largest from India's Golconda from where Koh-i-Noor came.

Housing demand seen rising with new buying enquiries up 18 percent in October.

Output from manufacture, mines, and utilities decline, raising concerns of recession.