UK Loses £14bn a Year On Lower Heathrow Capacity
Report stresses need for making Heathrow an international hub amid stiff competition from Europe.
Toyota to Recall 2.8 Million Vehicles Worldwide
The company is recalling about 2.77 million vehicles worldwide due to problems related to steering wheel and water pump system.
Cisco Posts 18% Jump in First Quarter Profit Driven by Higher Sales and Cost Cuts
Cisco reports a net income of $2.09bn (£1.83bn), up 17.7 percent year over year for the first fiscal quarter.
Archduke Joseph Diamond Fetches Record $21m
The buyer is reportedly going to donate the diamond to a museum for display
Home Depot Third Quarter Profit Up on US Housing Market Recovery
Home Depot also raises its full year forecast
Archduke Joseph Diamond to Be Auctioned For Over $15m
76-carat diamond largest from India's Golconda from where Koh-i-Noor came.
October UK House Price Decline Lowest in Over Two Years
Housing demand seen rising with new buying enquiries up 18 percent in October.
UK's 4G Licensing Fees to Fall Well Below 3G Rates
The 4G auction is not expected to raise anything near the 3G sell-off that generated about £22.5bn.
EBay Joins Hands with Xiu.com to Launch Online Fashion Store in China
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.
India's Industrial Production Sees Surprise Fall in September
Index of industrial production falls 0.4 percent in September prompting call for rate cut.
Shell Closes Nigerian Pipeline Due to Oil Theft
Closure to cut company’s oil output by 25,000 barrels a day, down from 800,000 bpd in 2011.
Starbucks, Google and Amazon to Face Legislators' Probe Over Tax Avoidance
Companies to face Public Accounts Committee over payment of lower taxes.
China to Raise Limits on Foreign Investment
Move designed to boost long-term investment in China.
Apple and HTC Settle Global Patent Lawsuits
After ending patent dispute, Apple and HTC sign 10-year pact on future patents.
Comet Administrators Announce 330 Job Cuts at Failed Retailer
Comet cuts jobs at Rickmansworth head office and support centres in Hull and Clevedon.
Hornby Goes Scrooge: No Christmas Cheer as Dividend Suspended After Posting Half-Year Loss
Half-year results hit by supply chain disruption and disappointing Olympic sales.
Boeing Surpasses Airbus in Aircraft Net Orders
Boeing poised to sell more aircraft than European rival Airbus for first time since 2006.
US Judge Urged to Approve BP's £4.87bn Oil Spill Settlement
New Orleans judge suggests while deal could have been better, it is fair enough.
Viagra to Be Generic Drug in Canada As Pfizer Loses Patent Case
Canada's Supreme Court rules Pfizer’s original patent application incomplete.
Balfour Beatty Shares Drop After Profit Warning
Balfour Beatty lowers its full-year profit view by about £10m on weak construction and rail markets across Europe.
IAG Considers Buying Spanish Carrier Vueling
IAG considering acquisition of remaining shares in Vueling to boost its business in Spain.
India’s Kingfisher Airlines Posts Bigger Quarterly Loss
Kingfisher incurs net loss of 7.54bn rupees (£86.6m) for second quarter of 2012-13.
Hyundai and Kia Sued For Exaggerated Mileage Claims
Legal action on behalf of 23 Hyundai and Kia car owners filed in US District Court for Central California.
Burberry's Half-Year Profit Down on One-Time Charge
The company reports a pre-tax profit of £111.9m, down from £158.7m a year ago primarily to due to a payment of £73.8m to end a fragrance and beauty licence relationship.
Amazon to Win EU e-Book Pricing War Against Apple
Apple and four publishers allow retailers to set prices for a period of two years and to suspend "most-favored nation" contracts for five years.
UK Retail Sales Drop in October As Consumers Curb Spending
Consumers restrict spending to essentials as economic uncertainties persist.
Parcel Delivery Company DPD to Add 1,500 UK Jobs as Online orders rises
Company intends to create a new parcel sorting hub and upgrade its operations.
Apple’s Suit against Motorola Mobility Dismissed
Apple's case alleging Google-owned Motorola Mobility is charging excessive fees for patents used by iPhone maker dismissed.
BAE Targets Middle East as Growth Market
Following its mega deal with Saudi Arabia, BAE expects further orders from Oman, the UAE and Qatar.
BP Barred from Bidding for Abu Dhabi Oil Field
Row over crackdown on Islamist groups said to be reason for exclusion.