ECONOMY

Sumitomo Electric received biggest individual fine of 290.4m yuan, equivalent to 6% of its annual China revenues.

The ONS says youth unemployment was 16.9% in the three months to June.

The PAC has accused the government of trying to conceal facts.

Jaitley says there is no contradiction in the government being "pro-business and pro-poor."

Reports say pipeline to Turkey could double capacity to 200,000 barrels per day, by end of August.

100-megawatt floating power plant could be sent to boost Gaza's energy industry after Israel campaign.

Foreign institutional investors have invested over $12bn in Indian equities this year.

The ONS says CPI inflation dropped to 1.6% in the three months to July.

British pound falls as consumer price inflation slows more than expected.

Russia political standoff with West has moved into the economic sphere.

Foreign Direct Investment into China declined 16.95% to $7.81bn in July – the lowest since July 2012.

Counterintuitive economic data from the UK recovery may delay a rates rise past early 2015.

Edinburgh-based firm says Scottish companies will have more opportunities as part of the union

US Federal Aviation Administration bans all flights over Syria, citing armed extremist threat from Islamic State.

IBTimes UK speaks to tech company, Nuance, about moving towards voice recognition software

Canal will be funded by investment certificates issued to Egyptian citizens and corporations only.

Moscow relaxes ban on fresh produce due to food inflation.

The ONS says average UK house price hit £265,000 in June 2014, after 10.2% annual rise.

Ongoing anti-graft campaign in China prompts many corrupt officials to sell their properties.

Train travel fares could rise by up to 5.6% in 2015.

Forbes' list of 'The World's Most Influential Cities 2014' ranks London top above New York and Paris.

RBNZ survey sees dip in inflation, GDP growth and NZD exchange rate.

Australia's central bank says their decision was influenced by uncertain outlook.

Ban affecting food produced in contentious Israeli settlements reported to start on 1 September.

Ethiopia's Grand Renaissance Dam project already launched on stretch of Blue Nile.

The Eurozone's exports to Russia fail to reignite the region's recovery.

Following months of talk of a house price bubble in London, prices have fallen for three months.

Students are collectively spending £667m a year on university travel.

Israel's shekel fell to a six-month low as data over the weekend showed the country's economic growth slowed sharply in the second quarter.