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BBC News | Business | World Edition

Latest World Business News from the BBC

34 Most Recent.

US house figures in surprise rise 7 Aug 2008

The US sees an unexpected increase in agreements to buy homes in June, according to a real estate organisation.

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Robert Peston 7 Aug 2008

Chancellor dodges the stamp duty question

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European demand supports Lenovo 7 Aug 2008

Chinese PC maker Lenovo reports upbeat quarterly profits as it improved market share in Europe.

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Citigroup reaches SEC settlement 7 Aug 2008

Citigroup is to buy back billions of dollars worth of securities, following a probe by the US financial regulator.

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Top Italian car designer killed 7 Aug 2008

Andrea Pininfarina, head of a world-famous Italian car design group, is killed in a road accident in Turin.

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US retail sales struggle in July 7 Aug 2008

Results from US retailers show disappointing sales in July, with the outlook between now and September looking poor.

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BA bosses in price-fixing charge 7 Aug 2008

Four current and former British Airways executives may face jail if convicted of fixing the price of fuel surcharges.

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US budget deficit seen at $400bn 7 Aug 2008

The US budget deficit is expected to hit $400bn this year, according to estimates from the Congressional Budget Office.

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Eurozone rates on hold at 4.25% 7 Aug 2008

The European Central Bank maintains eurozone interest rates at 4.25% after its latest meeting.

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German production stalls in June 7 Aug 2008

Industrial output in Germany grew by just 0.2% in June, adding to fears the economy is on the brink of sliding into a recession.

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Bank holds UK interest rate at 5% 7 Aug 2008

The Bank of England keeps its key interest rate at 5% as it weighs up the slowing economy with inflation worries.

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House prices 'fell 1.7% in July' 7 Aug 2008

The Halifax says house prices fell 1.7% in July, with the average property price now 8.8% lower than at the same point last year.

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European insurers take profit hit 7 Aug 2008

Europe's biggest insurers, including Allianz and Axa, report profit falls as a result of the financial market turmoil.

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Toyota's profits beat forecasts 7 Aug 2008

Japanese carmaker Toyota sees quarterly profits drop less than expected but highlights the tough trading environment.

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Barclays profit slumps by a third 7 Aug 2008

Barclays reports a 33% drop in profits for the first half of 2008 to £2.75bn, with more write-downs linked to the credit crunch.

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Insurer AIG reports $5.4bn loss 7 Aug 2008

Insurer American International Group reports a quarterly loss of $5.36bn with profits wiped out by writedowns on assets.

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Global problem 6 Aug 2008

How has the credit crunch hit different parts of the world?

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Time Warner set for AOL shake-up 6 Aug 2008

Time Warner prepares the ground for a major shake-up of its struggling internet business AOL as subscriber numbers fall.

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France to limit energy price rise 6 Aug 2008

France asks its energy regulator to cap electricity and gas price rises for private users to 2% and 5% respectively.

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US claims informant is fraud boss 6 Aug 2008

An ex-US secret service informant is accused of being the ringleader in the country's biggest identity fraud case.

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Lonmin snubs £5bn Xstrata offer 6 Aug 2008

Anglo-African platinum miner Lonmin rejects a £5bn ($10bn) takeover offer from larger rival Xstrata, calling it unwelcome.

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Support for working mums is falling, a report suggests 6 Aug 2008

Attitudes to working mothers are becoming less favourable, a survey from Cambridge University suggests.

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Cathay goes from profit to loss 6 Aug 2008

Hong Kong-based airline Cathay Pacific reports a loss for the first half of the year after being hit by higher fuel prices.

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Quake relief links aid Inmarsat 6 Aug 2008

Satellite communications firm Inmarsat reports strong quarterly revenues, aided by providing mobile services in disaster areas.

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Pension gap 6 Aug 2008

Why some OAPs work beyond retirement age

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Data protection 5 Aug 2008

How secure are your credit and debit card details?

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Credit crunch 5 Aug 2008

Who has benefited from the past year's turmoil?

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Starbuck's retreat 4 Aug 2008

The US coffee chain admits failure in luring Australians

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Murdoch plans expansion in India 4 Aug 2008

Rupert Murdoch's News Corp plans to invest $100m to develop six TV channels in India and add staff to its news operations.

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More oil firms report big profits 1 Aug 2008

Chevron and Total are the latest major oil companies to report strong results thanks to high oil prices.

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Statoil to stop investing in Iran 1 Aug 2008

The Norwegian oil and gas group StatoilHydro agrees not to make any new investments in Iran.

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Logging firms 'avoid Congo tax' 30 Jul 2008

The DR Congo and Congo are losing $12m annually in tax avoidance by logging companies, Greenpeace says.

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Nigeria oil cut by rebel attack 28 Jul 2008

A militant attack on two pipelines cuts oil production in Nigeria, as five kidnapped oil workers are freed.

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Guidelines for financial journalists 1 Jul 2005


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