SSE Fined Record £10.5m over Unfair Selling Practices
Ofgem sets largest-ever fine after accusing SSE of misleading households at every stage of its sales process.
Shop Price Inflation Surges in March on Non-Food Price Gains - BRC
BRC attributed the price growth to sterling's weakness that affected the prices of imports.
China Services PMIs Expand in March on Higher Construction Activity
Activity in the Chinese non-manufacturing sector rises in line with the ongoing economic rebound.
AstraZeneca Loses US Patent on Asthma Drug
AstraZeneca maintains that the decision will not affect the company's 2013 revenue guidance.
Glencore-Xstrata Merger Delayed Again on China Approval
China's competition watchdog is reviewing the deal as part of the country's national industrial policy.
UK Financial Services Sector Rebounds in First Quarter with Better Hiring Numbers
UK's financial sector expected to add 4000 jobs in first half of year.
UK Avoids Triple-Dip Recession on Service Sector Growth - BCC
Service export orders and record high deliveries helped UK avert triple-dip recession.
German Unemployment Inches Higher in March as Harsh Weather Delays Job Creation
The eurozone crisis and uncertainties over the Cyprus bailout have hurt business sentiments in the country.
South Korea Plans New Stimulus After Lowering Growth Forecast
Lower exports and a weak yen continue to hurt South Korea's economy.
BP and Partners Invest $500m for Appraisal Drilling at Clair Field
The west of Shetland area has more than 1bn barrels of oil which is equivalent of reserves under development.
UK Consumer Sentiment Remains Steady in March - GfK
The UK consumer confidence remains steady in March as households adjust to the "new normal", says GfK.
Cypriot Banks Reopen While Stock Exchange Remains Shut [VIDEO]
Depositors to face strict controls on card transactions, daily withdrawals, money transfers abroad and cashing of cheques.
Germany's Allianz to Replace Axa as No.1 Insurer in Turkey with Yapi Kredi Deal
The deal is in line with Allianz's strategy to expand in low-penetration markets.
Philippines Gets First Investment Grade Rating from Fitch
Philippines exits from junk status and hopes to achieve 8.5% economic growth by 2016.
Brics Summit: China and Brazil Ink $30bn Currency Swap Deal
Deal takes almost half of trade exchanges between Brazil and China out of US dollar zone.
Qantas-Emirates Deal Gets Nod from Australia's Competition Watchdog
Qantas expects to revive its international operations with Emirates alliance.
BRICS Nations Set to Form New Bank to Replace IMF and World Bank
The BRICS nations will discuss ways to tackle under-development and currency fluctuations.
Cyprus Bailout: Banks to Remain Closed for Two More Days to Avert Run on Deposits [VIDEO]
Cyprus extends bank closure period in order to avoid mass withdrawals in connection with the bailout.
South Korea Growth Slows to Three-Year Low in 2012 on Global Economic Downturn
South Korea's export-oriented economy is affected by weak growth in China, its largest export destination.
Dating Firm Cupid Denies Allegations of 'Fake Profiles', Shares Surge
Cupid is accused of hiring "motivation managers" to encourage people to buy full subscriptions.
UK Banks Lose 90% of 2012 Core Profits to Fines, Payouts - KPMG
Cumulative statutory profits of big five declined by 40 percent in year to £11.7bn.
London Leads Britain's Biggest House Price Rise in Three Years - Hometrack
London leads home price increases as demand-supply gap continues to grow in UK housing market.
Cyprus Secures EU Bailout in Deal to Shrink Banking Sector [VIDEO]
Cyprus wins last-minute bailout deal as eurozone finance ministers agree on an alternative proposal to generate funds.
Greek Bank Piraeus to Buy Units of Cypriot Lenders in Greece
The sale of Cypriot banks' branches in Greece are part of the island's alternative plan to secure bailout deal.
Cyprus Parliament Approves Banking Reforms to Secure Bailout
Cyprus's troubled second largest bank Laiki to be restructured while controversial move to levy tax on bank deposits will be put to vote.
Mulberry Shares Plunge on Weaker-Than-Expected Profit Outlook
Mulberry expects yearly pre-tax profit in the region of £26m, compared to analysts' estimate of £31.2m.
China Should Undertake Market Reforms for Sustainable Growth - OECD
OECD projects China to grow at 8.5% in 2013 and is on track to become the world's biggest economy by 2016.
Volvo's China Dealers Found Falsifying Sales Volume to Gain Incentives
Volvo expects no impact on earnings due to the issue.
China Replaces Japan as Biggest International Market for Hollywood Movies
Britain comes in the third position at the international box office market with ticket sales amounting to $1.7bn in 2012.
Eurotunnel Profit Triples in 2012 on London Olympics Traffic Surge
Eurotunnel Group finds it difficult to achieve passenger traffic surge in 2013 due to absence of big-ticket events.
