ECONOMY

Tom Mockridge to leave chief executive role as Murdoch prepares to split News Corp businesses.

Greece's finance ministry hopes to retire as much as €62bn in outstanding debt as Germany hints at possible writeoffs in 2015

Delta Air is said to be bidding for 49% stake as it looks to expand presence in lucrative airport.

Britain must wait longer than expected to achieve its deficit-reduction goals, says Chancellor George Osborne.

Moody's cites high correlation in credit risk among the entities' supporters as the reason for the downgrade.

A Mexican court has ordered Yahoo! to pay $2.7bn in damages for breach of contract related to yellow pages listing service.

New campaign, featuring leading Conservative MP David Davis, plans to use City of London elections to reform opaque Corporation.

Germany's Lower House agrees to new terms for Greece's rescue package as markets await details on Athens' plan to buyback more than €60bn in government bonds.

Nearly 20 million Europeans are looking for work as jobless rate hits another record in October amid deepening recession

India's GDP grows 5.3 percent during the July to September quarter, down from the 5.5 percent growth in the previous quarter.

Hitachi and Mitsubishi Heavy agree to form a joint venture that will integrate their thermal power generation businesses.

Production in the mining, manufacturing, gas and electricity industries rises 0.6 percent in October.

Japan's factory output gains for first time in four months while government announces fresh stimulus measures.

Lord Justice Leveson's far-reaching investigation into culture and ethics of journalism could impact several major media stocks.

We go behind the scenes at the birthplace of the World Wide Web and the centre of the search for the elusive 'God Particle'.

Misleading balance sheets may not reflect true valuation resulting in insufficient capital buffers, reports Bank of England Financial Policy Committee.

India's coalition government , headed by Prime Minister Manmohan Singh agrees hold debate and voting on the retail sector reforms.

Electrical goods retailer posts slowing losses as UK and Ireland division reaps benefits of major summer events and demise of rival Comet.

Ukraine tricked into deal with an agent believed to be acting for Spain’s Gas Natural Fenosa.

Shareholders say they are looking ‘inside and out’ for a CEO that understands the company, amid preparations for changes at the top

CBI wants £1.5bn earmarked for short-term, high-impact measures, as the economy awaits Chancellor's autumn statement.

Rio Tinto announces cost-cutting initiatives to cope with decline in global demand and lower commodity prices.

US Environmental Protection Agency reveals temporary ban following Deepwater Horizon spill.

The European Commission’s proposed across the board scientific budget cuts will hamper economic recovery by stagnating business and high skilled industries

Thomas Cook claims it's winter bookings cross committed capacity in all markets at better prices.

Number of employed people wanting more hours at work shoots up 47.3 percent says Office for National Statistics.

Britain's biggest clothing retailer slashes pension deficit by more than £1bn and reaches 10-year deal with trustees to plug "black hole"

BMW's luxury car brand is set to expand on appetite from China and other emerging markets, as wealthy consumer base grows.

US Treasury stops short of provocative label despite existence of disparities in currency values.