COMPANIES

In this episode, Robert Llewellyn checks out different models of electric bikes and finds out how it will fit into our future.

Ikea has said it 'deeply regrets' using political prisoners for forced labour in communist East Germany.

Report says £66bn invested in RBS and Lloyds may never be recovered, and taxpayers may lose £2bn from Northern Rock sale.

Facebook to set up $20m fund from which members may claim up to $10 each.

BP's record fine takes total past $12bn, with many more billions still to come as costs of worst spill in US history continue to mount

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.

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

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

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

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

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%

Moody's says litigation costs over Libor fixing have a greater risk of affecting banks' ratings than regulatory sanctions.

The Energy Secretary, Ed Davey, is all set to make a statement about allegations of gas price fixing in the House of Commons today.

UK regulator to probe whistleblower allegations that traders are rigging wholesale gas prices

The veteran executive, who has been instrumental in the development of Windows 7 and 8, has quit without providing clear reasons.

Ebay launches an online fashion store in partnership with Xiu.com in China in order to target the growing number of internet users in the country.

IEA’s World Energy Outlook 2012 report says the US will overtake Saudi Arabia as the largest crude exporter by 2020.

The Financial Services Authority faces a grilling by MPs over banks mis-selling and the subsequent redress scheme.

Closure to cut company’s oil output by 25,000 barrels a day, down from 800,000 bpd in 2011.

Companies to face Public Accounts Committee over payment of lower taxes.

After ending patent dispute, Apple and HTC sign 10-year pact on future patents.

Comet cuts jobs at Rickmansworth head office and support centres in Hull and Clevedon.

Half-year results hit by supply chain disruption and disappointing Olympic sales.

Boeing poised to sell more aircraft than European rival Airbus for first time since 2006.

IAG plans to raise profits by at least €600m with restructuring plan.

New Orleans judge suggests while deal could have been better, it is fair enough.