Amazon reports $126m quarterly loss
Amazon reports a loss of $126m in the second quarter and warns of slowing sales.
Thu, 24 Jul 2014 21:49:59 GMT

IMF lowers global growth forecast
The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.
Thu, 24 Jul 2014 15:50:10 GMT

Obama urges action over tax scheme
US President Barack Obama has urges lawmakers to end a tax loophole that allows US companies to avoid paying US corporate taxes.
Fri, 25 Jul 2014 00:03:13 GMT

GM profits hit by recall problems
Earnings at the US carmaker General Motors slump because of the cost of vehicle recalls.
Thu, 24 Jul 2014 15:33:05 GMT

Barclays challenges US fraud case
Barclays challenges legal action brought by US prosecutors alleging fraud in its "dark pool" trading operations.
Thu, 24 Jul 2014 15:35:28 GMT

SA to block land sales to foreigners
The South African government is fast-tracking a bill to block land sales to foreigners, which could come into effect in 2019.
Thu, 24 Jul 2014 19:34:50 GMT

Banks face tougher accounting rules
Newly published banking standards could mean banks have to hold significantly more funds to guard against potential loan losses.
Thu, 24 Jul 2014 17:13:20 GMT

Register 'fails to stop cold calls'
Only a third of "nuisance" calls are blocked by a service that allows individuals to opt-out of marketing calls, research has found.
Thu, 24 Jul 2014 15:02:39 GMT

Europe lifts Tel Aviv flights ban
The European Aviation Safety Agency has joined the US in lifting its ban on flights to Tel Aviv's Ben Gurion airport.
Thu, 24 Jul 2014 13:22:06 GMT

UK retail sales continue to grow
The volume of goods sold in the UK's shops, stores and supermarkets continues to grow, according to the Office for National Statistics (ONS).
Thu, 24 Jul 2014 09:20:38 GMT

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