ECONOMY

Andrew Murphy named as UK China Visa Alliance chairman, a group working to ease visa restrictions to Chinese nationals

Cypriot government tries to draw long-term investors back with income tax exemption.

As a result of the deal, the DGF will hold a 26% stake in NCG Banco and 32.5% of Catalunya Banc.

Finance leaders to discuss market volatility, unemployment, slow economic recovery and Fed's QE taper plans.

Detroit makes history by filing for bankruptcy owing billions of dollars in debts

Detroit becomes the largest ever US city to file for municipal bankruptcy owing $18.5bn debt.

Weekend elections in Japan fuel a selling spree

Chancellor George Osborne unveiled draft tax breaks to drive investment in shale gas production

Recent economic growth and government deficit reduction have lowered debt-to-GDP ratio, according to Moody's.

E-commerce finance provider iwoca reports sharp rise in business as market grows rapidly.

Rising costs and plummeting sales will force more businesses to close than open

Consultancy group Mercer warns that rising base salaries "weakens" efforts to clamp down on reckless bankers.

Measure of sales by value rose 3.8% on the year in June.

Housing sector receives boost with mortgage lending in June increasing to £15bn, up 2% from May.

Gupta is also banned from working as an officer or director in a public company

IMF says chancellor risks viability of austerity unless he boosts growth by bringing capital investment plans forward.

US Federal Reserve could increase the pace of bond purchases if needed, says chairman.

Falciani calls on European states to open tax evasion investigations.

Settlement that could result in the the largest payment ever to the US energy market regulator, reports WSJ

There is no set timeline for reducing US monetary stimulus.

GSK's British head of finance is banned from leaving China after head of operations Mark Reilly's flight.

Prime Minister Antonis Samaras's two-party coalition scrapes through vote.

Majority of the executive board disagreed with IMF's staff report that urged Osborne to change his policy

There is no set timeline for reducing US monetary stimulus.

G20 finance ministers to discuss impact of Fed asset purchase programme tapering this weekend

Heathrow bosses unveil third runway plans submitted to Airports Commission

China Food and Drug Administration announces six-month campaign to stop sales of illegal medicine.

Bank of England minutes show monetary policymakers back new governor's forward guidance on holding rates at 0.5%

ONS says number of people out of work for over a year at highest since 1996.