European Car Sales Plunge to Lowest Level in 17 Years
Ongoing financial crisis and higher unemployment in Europe continued to affect vehicle demand
China's Baidu Seals $1.9bn 91 Wireless App Stores Deal to Win Mobile Internet Market
Baidu joins other Chinese giants, such as Alibaba, cater for growing mobile services demand
Glencore Xstrata Forced to Halt Iron Ore Production in Australia
Falling revenue and high input costs have hurt the profitability of the business, according to the company.
Invensys Shareholders Welcome Bidding War on All-Cash Offer Preference
Investors who are only permitted to hold London-listed shares would prefer all-cash deal
Morrisons CEO Dalton Philips Joins Retailer Push for Online Sales Tax
Budget food retailer chief says that tax imbalance is damaging Britain's town centres.
Rightmove Doubles Annual UK Home Price Growth Outlook
All UK regions post on-year price increases for first time in three years due to better borrowing environment
GE Eyes Kicking-Off Transatlantic Bidding War For UK's Invensys
GE is planning £3.5bn rival bid for Invensys, trumping its French rival's £3.3bn
China's Economic Growth Faces Slowest Pace in 23 Years [VIDEO]
GDP growth slowed down to 7.5% in second quarter on lower factory output and export orders.
Fitch Cuts France’s Top Credit Rating Citing Economic Uncertainty
Fitch cut France's long-term credit rating to AA+ from AAA, citing its uncertain economic outlook and the need for structural reform.
Investigation Opens into Dreamliner Fire at Heathrow
Investigation at Heathrow Airport aims to establish the cause of the latest fire on board a Boeing 787 Dreamliner.
UK Government Housing Schemes Boost Lending to First-Time Buyers
The number of loans advanced to first-time buyers increased by 41.8% on year to 25,100 in May, according to the CML.
Invensys Shares Rocket by 16% on Giant Takeover Offer From France's Schneider
Schneider offers 505 pence per Invensys share, which is recommended by its board.
China Tipped to Miss Annual Economic Growth Target
Chinese Finance Minister Lou Jiwei says growth will slow down to 7%, below official target of 7.5%.
China Grants $1.1bn Loan to Oil-Rich Nigeria
Chinese demand for crude oil produced in Nigeria is expected to rise tenfold to 200,000 barrels per day by 2015.
GSK Executives 'Admit' Bribery and Tax Violation Charges in China [VIDEO]
GSK staff in China confess to crimes after initial questioning by Chinese police, says Public Security Bureau
Australia's Unemployment Rate Hits Highest Level Since 2009
The adverse employment situation would be another concern for Kevin Rudd, who faces an election in the near term.
Bank of Japan Keeps Monetary Policy Unchanged
Japan’s central bank says country’s economy on road to recovery.
Moody's Upgrades Outlook on 'Well-Capitalised' UK Banking Sector
Ratings agency upgrades UK banks to stable as profit and capital ratios continue to improve.
Abenomics Suffers Further Setback as Japan Consumer Confidence Deteriorates
Consumer confidence in Japan falls for first time in six months on slowing income growth and rising prices.
China Likely to Miss Growth Targets as Trade Deteriorates Further
Both exports and imports fell unexpectedly and analysts expect further slowdown
Royal Mail to Give Away Shares Worth £300m to Staff in Planned Flotation
Royal Mail offering workers more than 10% stake in privatised company.
Surprise UK Manufacturing Drop Raises Concerns About Fragile Economic Recovery
Industrial production is unlikely to contribute to economic growth as factory output declines 0.8% in May.
Kate Middleton Baby Boom and Warm Weather Help Shops Cash in
UK retail sales rose 2.9% in June as clothing and footwear sales outperformed.
China Consumer Price Inflation Reaches 4-Month High and Limits Room For Policy Easing
China's consumer price inflation rose 2.7% year on year in June, up from 2.1% in May.
Top 100 Alternative Asset Managers' Holdings Cross $3tn
Total alternative assets under management worldwide crosses $5bn.
Germany's Recovery in Question as Exports Decline Significantly
Exports declined by 2.4% month-on-month after Germany narrowly avoided Q1 contraction.
Rana Plaza Disaster: M&S, Tesco, Benetton and Other Retailers Sign Safety Pact for Bangladesh Factories
Seventy retailers sign up to deal ensuring factory inspections in wake of Rana Plaza disaster.
Britain's Permanent Jobs Rate Rises at Fastest Pace Since April 2011
Permanent staff placements increased at the fastest rate for over two years in June
GSK's China Sales Staff Allegedly Bribed Doctors to Market Botox
Whistleblower says China-based sales staff allegedly handed doctors cash and other rewards to prescribe Botox
China Eyes Resolution to €21bn Solar Panel EU Trade Spat
China to cap solar panel exports to EU and set minimum price.
