Direct Line half-yearly profits dip amid lower investment gains and new Flood Re levy
Despite the decline, the company's shares were trading higher as profits beat its own consensus estimates.
Commerzbank reports decline in second quarter profits
The decline is attributed to the negative interest rate environment and cautious attitude of customers.
VW emissions scandal: South Korea suspends sale of 80 models and imposes $16m fine
South Korea's car market, dominated by Hyundai and its affiliate Kia, is relatively small for VW.
Asian markets mixed as RBA cuts its key cash rate to a record low
The Hong Kong stock exchange suspends trading for the day amid Typhoon Nida.
McDonald's to remove controversial ingredients from many of its items
The fast-food chain says while the changes will increase costs, consumers will be spared.
GlaxoSmithKline and Alphabet's Verily partner for development of bioelectronic medicines
The new company will enable research, development and commercialisation of bioelectronic medicines.
Most Asian markets trade higher amid reduced chances of US rate increase
Shanghai Composite shows muted reaction to China's mixed factory activity data.
Uber merges loss-making China operations with Didi Chuxing in $35bn deal
While Uber China will reportedly own 20% in the merged company, Didi will invest $1bn in Uber at a $68bn valuation.
Barclays phone banking service to replace passwords with voice recognition
Barclays telephone banking service will create a digital profile of a customer's voice like a unique fingerprint.
After Brexit vote 44% of employees in UK are pessimistic about future, CIPD survey shows
The highest pessimism was found amongst public sector workers.
Plastic bags usage in UK declines by 6 billion since the introduction of 5p charge
The weight of these 6 billion bags is equivalent to that of roughly 300 blue whales or 3 million pelicans.
Royal Bank of Scotland, Monte dei Paschi and Allied Irish Banks emerge biggest losers in stress test
Others that performed poorly include Italy's UniCredit, the UK's Barclays and Germany's Deutsche Bank.
BAE Systems asks CMA to release anti-monopoly controls imposed 17 years ago
The CMA said it anticipates the BAE review to be completed in spring 2017.
Alphabet Q2 revenues and profits jump helped by mobile advertising
Alphabet posts revenues of $21.5bn for the second quarter, up 21% year-on-year.
Asian markets mixed following Bank of Japan's less than expected stimulus announcement
The Japanese central bank modestly increases purchases of exchange-traded funds.
Reckitt Benckiser half-yearly operating profit and net income declines despite increase in revenues
This decline is amid exceptional charges of £319m, relating to the South Korea humidifier sterilisers issue.
Amazon posts net income of $857m in Q2, up more than nine times from last year
Amazon reported a 31% increase in net sales to $30.4bn for the second quarter.
Smith & Nephew records 19% decline in half-yearly operating profit despite 3% revenue growth
For Q2, the British medical equipment manufacturer reported a 2% increase in revenue to $1.19bn.
Rentokil Initial says half-yearly profits boosted from post-Brexit sterling weakness
The British business services group says it made 20 acquisitions until 30 June.
AstraZeneca reports 14% decline in core operating profit and a 3% decline in revenues for H1 2016
It reported a 45% decline in reported EPS amid restructuring charges related to its cost reduction programme.
Asian markets trade mixed following Fed decision to keep interest rates steady
Asian investors are now looking forward to decisions by the Bank of Japan.
Brexit Impact: Car prices in the UK will increase, Peugeot Citroen CEO predicts
French carmaker Renault also told last month that it could raise UK car prices following the Brexit vote.
Deutsche Bank could cut costs further after net income drops 98% on-year
Deutsche Bank announced in 2015 it would cut more than 30,000 jobs over the next two years.
LGA says government should reaffirm minimum broadband speed commitment
There is a risk of thousands of homes and businesses falling into a 'digital twilight zone', the association says.
Asian stocks mixed, Shanghai Composite Index down 2.34%
Investors expect the US central bank to keep interest rates unchanged.
Twitter's revenue growth slowest since 2013; quarterly losses decline
Since July 2015, Twitter added 9 million monthly users while Facebook's user-base grew by 164 million.
Ladbrokes and Gala Coral must sell around 350 to 400 shops to get clearance for their merger, CMA says
The CMA said there were 642 local areas where the merger could result in a reduction in competition.
PZ Cussons' annual revenues increase but profits dip
The manufacturer of personal healthcare and consumer goods sees no significant Brexit impact.
Asian markets trade mixed ahead of central bank meetings of US and Japan
Investors believe BoJ will not introduce any meaningful stimulus while the US Fed will not lift rates.
Blow for Brexit hopes as US trade chief refuses to discuss new deal with UK
Froman's announcement follows the UK international trade secretary, Liam Fox's visit to the US.
