BUSINESS

Commission on Theft of American Intellectual Property claims China behind 50-80% of thefts.

Office for National Statistics data shows UK economy expanded by 0.3%.

133,869 Mirca cars produced between 2002 and 2006 will be recalled in the UK.

Ford cites market fragmentation and high manufacturing costs for move.

Ford said on Thursday (May 23) it is closing its two Australian motor plants and will cease production in the country in October 2016 after losing $585 million (£389 million) over the last five years.

Blue Coat Systems Director of Product and Solutions Marketing Chris Pace details what we can do to protect ourselves.

ExactTarget’s senior vice president Sameer Kazi says bricks and mortar retailers won’t survive without digital presence.

IMF concludes UK visit by warning George Osborne: 'Slow growth could permanently damage medium-term growth prospects.'

Home Office minister dismisses fears of police cuts undermining fight as FSB report reveals £785bn cost to small firms.

RBS boss Hester says bank on route to full health, bringing UK government stake sale closer to reality.

Housing market activity, manufacturing output and employment intentions have improved, according to the agents.

ONS data shows deficit falling faster than forecast by Office for Budget Responsibility.

Food sales drop 4.1% in April from March - the largest monthly fall in two years.

Bank of England's top policy makers stay away from raising asset purchase programme citing inflation concerns.

Britvic aims to cut £30m in costs annually, by 2016.

Dimon retains dual chairman and chief executive role at JP Morgan as effort to unseat him fails in shareholder vote.

Pre-tax profit for the fiscal year climb to £210m from £203m a year ago.

Investors waiting on US Federal Reserve chief Bernanke's testimony to Congress.

Small firms have lost £785m to cyber criminals, according to a new report from the Federation of Small Businesses. The FSB said, on average, its members lost £4,000 each to online crime.

Apple Chief Executive Officer Timothy Cook defends the company's tax record at a Senate hearing where lawmakers say the maker of iPads, iPods and Mac computers avoid paying U.S. taxes by keeping billions of dollars in profits in Irish subsidiaries.

US Fed chief Ben Bernanke testifies before Congress later in the day.

Employment procurement firm de Poel's CEO Matthew Sanders says labour market is undergoing a fundamental shift.

As one of the most Wall Street's most powerful men, we look at his more cocky quotes to date.

IBTimes UK takes a look at one of Wall Street’s most powerful people.

EU Commission writes to oil market traders asking for evidence of allegations of price fixing by Shell, BP, Platts and Statoil

In the superb 1927 silent film "Napoleon", by French director Abel Gance, there is a curious moment when the Corsican hero of the film, portrayed by Albert Dieudonné, muses prophetically that one day Europe will be united by neither cannon nor cavalry charge but by treaties and pieces of paper.

Energy giant's chairman Jorma Ollila says Shell is focusing on successor for outgoing CEO.

Gross mortgage lending in April rises to £12.1bn, 4% up from March.

Average home prices in London rises 7.6% on year to £398,000.