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Latest News |
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| BBC News - Business |
| The latest stories from the Business section of the BBC News web site. |
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| UK builders and services falter |
| New data shows new construction orders contracted in the second quarter, while the services sector slowed sharply in August. |
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| HSBC threatens to quit London HQ |
| HSBC may quit its London headquarters if the UK government decides to break up big banks, a senior executive says. |
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| BP says oil spill cost up to $8bn |
| BP says the cost of its Gulf of Mexico oil spill has risen to $8bn - a rise of more than $2bn in the last month alone. |
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| 'Big drop' in alcohol consumption |
| Alcohol consumption has fallen faster than ever, figures from the British Beer and Pub Association suggest. |
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| Europe agrees finance watchdogs |
| The European Union agrees to reform financial supervision, with new agencies to oversee banks, insurers and financial markets. |
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| Chinese consider rival Potash bid |
| Chinese investors approach Canadian pension fund over a possible rival bid for the fertiliser giant Potash Corporation. |
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| Andean gold in $3bn bidding war |
| Rival Canadian gold mining companies, Goldcorp and El Dorado, lock horns in a $3bn fight to buy up Andean Resources. |
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| Burger King is sold for $3.26bn |
| Burger King is being sold to private equity firm 3G Capital in a deal valued at $3.26bn (£2.1bn), it has been announced. |
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| Mozambique prices 'irreversible' |
| The government of Mozambique says price rises which have led to deadly riots are "irreversible", as Maputo residents are urged to continue their protests. |
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| Explosion on Gulf of Mexico rig |
| An explosion rips through an offshore oil rig in the Gulf of Mexico, west of the site of the blast in April that caused a huge oil spill. |
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| Russia extends grain export ban |
| Russia will consider lifting its grain export ban only after the next year's harvest has been reaped, Vladimir Putin says. |
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| German banker 'should be fired' |
| The German central bank calls on the country's president to dismiss one of its board members over comments he made about immigration and Jews. |
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| Dell pulls out of battle for 3Par |
| Dell withdraws its bid for 3Par after rival Hewlett-Packard raises its offer for the data storage company to $2.1bn. |
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| Tube strikes on as talks collapse |
| Thousands of Tube workers will strike next week as talks between London Underground bosses and two unions break down. |
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| Royal Mail puts first 'intelligent' stamp on sale |
| The Royal Mail launches the world's first "intelligent" stamp, the first to work with image recognition technology. |
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| Record sales of smokers' pensions |
| Smokers and people with weight problems are buying a tailored pension income in greater numbers, according to research. |
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| Four power firms face sales probe |
| Four of the "big six" UK energy suppliers are to be investigated amid concerns of mis-selling to customers, the regulator says. |
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| House prices fall again in August |
| House prices fell for the second month in a row in August, according to the Nationwide building society. |
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| Plans for more £5 notes in ATMs |
| All banks and building societies have put in place plans to begin dispensing £5 notes from the cash machines, a report reveals. |
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| ECB ups eurozone growth forecasts |
| The European Central Bank raises its forecast for eurozone growth for this year and next year, and keeps interest rates on hold. |
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| Afghan bank 'to avoid collapse' |
| The head of Afghanistan's Central Bank tells the BBC he will not allow the country's biggest commercial bank to collapse. |
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| Blair 'warned on economy' in 2005 |
| The UK should have addressed its public deficit back in 2005, former Prime Minister Tony Blair has told the BBC. |
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| RBS to cut a further 3,500 jobs |
| Royal Bank of Scotland is planning to cut 3,500 jobs from its technical and back office division. |
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| Cold winter boosts Gazprom profit |
| Russian gas monopoly Gazprom reports a threefold surge in profits for the first three months of the year, despite a sharp fall in gas prices. |
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| Recruitment firm warns on UK jobs |
| Although firms are replacing employees who have left, they are not creating new jobs, the UK's largest recruitment company warns. |
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| Delhi loses patience with Commonwealth Games |
| The Commonwealth Games were meant to showcase Delhi, but the Indian capital is struggling to be ready on time amid accusations of poor planning, reports the BBC's Geeta Pandey. |
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| Hawk-Eye firm lined up for sale |
| The British company behind the Hawk-Eye ball-tracking technology used in tennis and cricket is to be put up for sale. |
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| Premier League spending tumbles |
| Spending by English Premier League clubs in the summer transfer window has tumbled 22% from last year, a report says. |
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| Shopping malls: saviour or curse? |
| Meadowhall in Sheffield was one of the first giant shopping centres in the UK. What sort of effect has it had on the local area? |
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| Portable video 'is the future' |
| Toshiba’s UK business manager says its Foilo 100 tablet PC complements trends in media usage. |
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| The mint with a whole lot of food miles |
| A British discount store is buying in Polo mints from Indonesia even though the same mints are being manufactured just a mile up the road in York. |
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| Switching supplier 'made bills soar' |
| Ron Manuel agreed to switch energy supplier when he was contacted by a rival company. However, his bills ended up being higher. |
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| RBS job losses 'horrific', says union |
| Royal Bank of Scotland has said it is planning to cut 3,500 jobs as part of its plans to halve its administration centres across the UK. Siobhan Endean of Unite called the job losses ''horrific'' and said union members ''are paying the price for decisions by senior bankers''. |
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| Online clothes shopping booming |
| Online clothes shopping is expected to grow to $144 billion by 2014 in western Europe according to market research company |
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| Nationwide: Sellers back in market |
| House prices fell for the second month in a row in August, according to the Nationwide building society. |
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| India's cities running out of space |
| Indian cities are getting bigger and there is a growing need for more housing, business space and public facilities. |
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| Bird business |
| The back-breaking, ear-splitting work on Peru's guano islands |
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| Massive Mini |
| How far can BMW stretch the brand before it snaps? |
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| Rush to buy |
| Fear sparks stockpiling of food in Russia as prices soar |
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| Paying the price |
| PayPal's co-founder worked so hard he would sleep in the office |
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| Stock market gloom |
| August was tough, but there were glimmers of hope |
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| Saving lives |
| 21st Century technology helps fight female foeticide |
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| You're grounded |
| Airline compensation claims scuppered |
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