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Economy shrank more than thought The UK economy shrank by 0.3% in the first three months of the year, more than previously estimated, revised figures show.
Eurozone downturn 'accelerating' Activity at European businesses hits a near three-year low in May, according to the survey of purchasing managers by Markit.
Hunt memo reveals BSkyB support Culture Secretary Jeremy Hunt sent a note to David Cameron suggesting his support for News Corp's bid for BSkyB before he was put in charge of deciding the deal, the Leveson Inquiry hears.
Vatican sacks bank chief Tedeschi The Vatican sacks the director of its bank, Ettore Gotti Tedeschi, who is being investigated in a money laundering case.
Free banking 'a dangerous myth' Free banking is a "dangerous myth", according to Andrew Bailey, who is due to become the chief regulator of the financial services industry.
US factory activity slows in May US manufacturing growth slowed in May, a survey indicates, while orders for long-lasting factory goods fall.
Supermarkets 'misled on pricing' Customers have been misled by supermarkets over discounts and multi-buy offers, according to consumer group Which?.
Dairy Crest swings to £10m loss Dairy Crest reports a multi-million pound loss due to the poor performance of its milk division and higher costs.
Billionaire faces bribery charge Billionaire Hong Kong-based property tycoon Joseph Lau faces charges in Macau of bribery and money laundering over a property deal.
Hewlett-Packard cuts 27,000 jobs Hewlett-Packard, the world's largest computer maker, is to cut 27,000 jobs by the end of 2014 as part of a drive to "simplify" the business.
Rinehart 'world's richest woman' Australia's mining magnate Gina Rinehart has become the world's richest woman with assets of $28bn, a respected business magazine says.
BMW fined for curbing Swiss sales BMW is fined $163m for preventing sales of its cars to Swiss nationals outside Switzerland.
Solar feed-in tariff cut delayed The government delays the reduction in the subsidies on offer to homeowners who install solar panels to generate electricity.
Co-op to create 3,000 legal jobs The Co-operative Group announces plans to create 3,000 new jobs, as part of an expansion of its legal services.
More help for payday loan debtors Payday lenders have agreed to new commitments designed to prevent a build-up of unmanageable debts by struggling customers.
Weak UK business hits Mothercare Babywear retailer Mothercare reports a hefty annual loss as it seeks to tackle the poor performance of its UK business.
Thomas Cook appoints new chief Struggling tour operator Thomas Cook appoints Harriet Green as its new chief executive.
SABMiller reports strong profits SABMiller reports annual pre-tax profits of $5.6bn boosted by the sale of units in Russian and Ukraine.
Man City 'best value for money' Manchester City have won the Premier League title and are also top of the league when it comes to value for fans, according to ING.
Waterstones to sell Amazon Kindle UK bookseller Waterstones plans to sell Amazon's Kindle e-book reader and other Kindle digital services.
MSPs pass Scots booze price plan Scotland will become the first place in the UK to introduce minimum drink pricing, after MSPs passed the plan at parliament.
Tax effort 'stunted by job cuts' Impressive efforts have been made by the UK tax authority to collect outstanding tax but more could have been done without job cuts, MPs say.
Courier scam 'nets conmen £1.5m' Fraudsters are making increasing profits from a scam in which people are tricked into allowing their bank card to be sent straight to the conmen.
Chinese manufacturing 'declines' China's manufacturing activity contracted in May, a survey shows, indicating that the rate of growth in the economy is continuing to slow.
China seeks economic growth boost China says it will take measures to boost demand and sustain growth amid fears of a slowdown in its economy.
EU 'wants Greece in the eurozone' EU leaders express support for keeping Greece in the eurozone while demanding that it stick with tough budget discipline.
Faroe board shelves bonus scheme Oil and gas firm Faroe Petroleum withdraws a proposed new management incentive scheme, following shareholder pressure.
Jury backs Google in Oracle fight Internet giant Google did not infringe patents belonging to software developer Oracle, a court in California has ruled.
Facebook and banks face lawsuit Facebook, its founder Mark Zuckerberg, and the banks leading its flotation are sued over claims that financial information was not disclosed.
Concerns over Duff & Phelps role A leading insolvency expert raises concerns about a conflict of interest on the part of Rangers administrators Duff & Phelps.
England to trial goal-line system Goal-line technology will be tested at Wembley when England entertain Belgium in a friendly on 2 June.
Doha and Baku cut from 2020 list Istanbul, Tokyo and Madrid will compete to host the 2020 Olympics after Doha and Baku were cut from the list.
AUDIO: Greek exit: What is the worst outcome? European leaders met last night in Brussels. Linda Yueh, Bloomberg's economics editor, and Stefanie Bolzen of German paper Die Welt, debate what comes next for Greece and the eurozone.
VIDEO: How to get more women into top jobs The Ministry of Justice has been sharing its own ideas on how to create a more diverse judiciary, but the law is not the only sector where women are less than equal in the senior stakes.
VIDEO: EU 'wants Greece in the eurozone' EU leaders want Greece to remain in the eurozone but to "respect its commitments", European Council President Herman Van Rompuy has said.
AUDIO: Is free banking really a myth? Andrew Bailey, an executive director at the Bank of England who is to be the head of the unit that will supervise banks, investment banks and insurance companies, has said "free banking" is dangerous. Business editor Robert Peston assesses the implications of such a statement on the banking industry.
AUDIO: Is free personal banking justified? Peter McNamara, former head of personal banking at Lloyds, and Peter Hahn, from the Cass Business School in London, debate the issue of whether personal banking should remain free.
AUDIO: Why is HP laying off 27,000 people? A technology analyst told BBC Radio 5 live why computer giant Hewlett-Packard is laying off 27,000 people.
VIDEO: Australian woman 'worth A$29bn' Australian mining magnate Gina Rinehart has been declared the richest woman in the world, with a wealth of nearly A$30bn.
AUDIO: Apple's Jonathan Ive: 'Beauty works' Jonathan Ive says he is "fortunate" to be Apple's chief designer
Dutch football's financial goals Dutch football hopes financial initiatives mean it can weather uncertain economic times
Is protectionism on the way back? Are free markets giving way to protectionism?
Did Ben & Jerry's change Unilever? Did buying Ben & Jerry's change Unilever?
Restaurant chain's recipe for social media success The US restaurant chain using social media to cook up sales
Greece: The upside of default Why a Greek default wouldn't spell the end of the world
Indian youth brand Happily Unmarried How two entrepreneurs created a design brand for young Indians
Financial Ombudsman: Can we help you? How can the financial ombudsman help you?
Singapore schools 'cut the cramming' Singapore's schools are a success story - but now want to be even better
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