Rogue trades cost oil broker $10m


A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.

Venezuela assumes control of bank


Venezuela's government formally takes control of the country's third largest bank - the Spanish-owned Banco de Venezuela.

More backing for Rio cash-raising


A Rio Tinto rights issue sees strong take-up from existing holders of its Australian-listed shares - after similar UK success.

Making sense of the recession: latest news, analysis and how the crisis affects you



BA to cut spending by one fifth


British Airways says it is to reduce capital spending by 20% as it faces falling passenger numbers.

Eurozone retail sales post fall


Retail sales in the eurozone fell more than expected in May, a further sign of the slowing economy, data shows.

Europe nears gas pipeline accord


Five European governments are due to sign an agreement on 13 July for a major new pipeline from Central Asia.

Mandelson hints at Vauxhall loans


The UK is prepared to make loans or loan guarantees to help push through the sale of Vauxhall, says Lord Mandelson.

Regulators eye Google book deal


US anti-trust regulators are to examine Google's $125m deal with book publishers to settle copyright issues, reports say.

GM awaits US ruling on sale plans


A new General Motors could emerge from bankruptcy protection soon if a US judge approves its plans to sell assets.

Billions in virtual cash stolen in online robbery


Details emerge of why billions in virtual cash disappeared from a virtual bank in Eve Online.

Nigerian gas firm Nigaz gets web all of a twitter about 'racist name'


A new joint-venture energy firm between Nigeria and Russia has got online communities twittering, after the governments choose the name Nigaz.

Robert Peston's blog: Keep up-to-date with the latest business analysis


For the latest business analysis

Guidelines for financial journalists



Man's world?


Encouraging more women to work on building sites

Feed the poor


Welfare costs to strain India's budget

Rogue trading


Can one individual have the clout to move markets?

Lost tunes


Rare music sleuths make a monkey of the major labels

Burning out


Budget busts mean damp squibs in the US on 4 July

Mexico's woes


US downturn and swine flu batter Mexico's economy

Construction sees sharp slowdown


The UK construction sector is expected to shrink by 16% in 2009, according to an industry body.

Sahara gas pipeline gets go-ahead


Nigeria, Niger and Algeria agree to build a multi-billion-dollar gas pipeline across the Sahara.

US job losses worse than expected


The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected.

IMF refuses new aid for Zimbabwe


The International Monetary Fund tells Zimbabwe it will not provide more funds until it has settled its existing $1bn debts.

Union's Tesco challenge defeated


Tesco shareholders vote against a call to end the alleged exploitation of workers in firms supplying meat to the supermarket group.

Japan rethinks silent hybrid cars


Japan considers adding noise-making devices to quiet hybrid cars to improve safety for blind pedestrians.

RBS boss to delay selling shares


Royal Bank of Scotland says chief executive Stephen Hester will not cash in shares worth up to £3.4m for a further two years.

Pensions 'threat' to Royal Mail


Failure to resolve the Royal Mail's huge pension deficit threatens the UK's universal postal service, it has been claimed.

E.On cutting gas prices by 3.3%


Energy firm E.On will cut its gas prices for domestic customers by 3.3% - an average of £25 a year - from Saturday.

Pension view 'not radical enough'


The author of an influential report into the future of pensions in the UK tells the BBC his proposals were not radical enough.

Mortgage repayment quickens


Homeowners in the UK paid back a record amount of their outstanding mortgage debt during the first three months of 2009.

Crackdown on credit card cheques


Unwanted credit card cheques will be banned and a new post created to help consumers get refunds, the government says.

SAB reaches black ownership deal


SABMiller is to allocate 10% of shares in its South African unit to black investors, employees and community groups.

China's 'huge Zimbabwe loan'


China agrees to give Zimbabwe a loan of $950m (£573m) to help revive its wrecked economy, says Prime Minister Tsvangirai.

Hitachi to sell batteries to GM


Hitachi says it will supply lithium-ion batteries to General Motors to power the company's hybrid cars from next year.

California in 'fiscal emergency'


Governor Arnold Schwarzenegger declares a fiscal emergency in California to deal with a $24.3bn (£14.5bn) deficit.

Rio Tinto cash-raising supported


Rio Tinto announces that there has been strong support from shareholders for its huge cash-raising exercise.

Chinese manufacturing increases


China's manufacturing sector grew in June, at a slightly faster pace than in the previous month.

EU blamed for German bank woes


A German minister blames the European Union for problems in the state Landesbank banking system.

Euro interest rates kept on hold


The European Central Bank keeps its key interest rate unchanged at 1% following its monthly meeting.

EADS wins giant Saudi border deal


Defence and aerospace group EADS wins a contract worth an estimated $2.27bn (£1.4bn) to help Saudi Arabia improve its border security.

Oil companies reject Iraq's terms


Several of the companies bidding for contracts to operate Iraq's oil and gas fields reject the oil ministry's terms.

Indian growth of 7% 'is possible'


Economic growth of 7% in India is possible this year, according to a report from the country's finance ministry.

India's exports continue to fall


India's exports fell in May for the eighth month in a row as overseas demand for goods continued to shrink in the global recession.