BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.

A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).

Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.

Good weather and football's World Cup is thought to have given a boost to beer sales in the UK, industry figures suggest.

Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.

Samsung Electronics reports record quarterly profits thanks to higher sales of smartphones and components such as memory chips.

Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.

Banking giant Citigroup agrees to pay $75m to settle civil charges that it misled investors over potential losses from subprime mortgages.

The UK's Partygaming and Austrian firm Bwin unveil plans to merge and create the world's largest online gaming business.

The former chief executive of Enron, Jeffrey Skilling, has applied for bail. His lawyer says his conviction for fraud will be overturned.

Toyota is recalling almost 430,000 vehicles in the US and Japan amid concern over steering problems.

Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, begins a legal bid to be granted bail ahead of a UK theft trial.

Oil giants Royal Dutch Shell and Exxon Mobil see profits almost double in the week rival BP suffered record losses.

People reaching the age of 65 will no longer be forced to retire from October next year, under plans announced by the government.

UK house prices fell 0.5% in July, the Nationwide says, cutting the annual rate of house price inflation to 6.6% from 8.7%.

The Financial Services Authority announces plans to update its guidelines on bankers' pay, affecting 2,500 firms.

The billionaire co-founder of budget supermarket Aldi, Theo Albrecht dies, aged 88.

Global brewing giant Anheuser-Busch InBev suffers a defeat in a long-running battle over the rights to the Budweiser beer brand.

A "ground-breaking" Court of Appeal judgement removes the protection previously given to thousands of people in divorce proceedings.

The first High Street bank to launch in the UK for more than 100 years opens its doors for the first time.

Council workers across England face having to retire later or pay more into their pension scheme, the public spending watchdog warns.

Up to 60,000 people working in the public sector in Scotland could lose their jobs, according to an independent review commissioned by ministers.

California governor Arnold Schwarzenegger declares a fiscal state of emergency, putting pressure on lawmakers to pass a budget.

China allows the publication of an International Monetary Fund staff report on its economy for the first time since 2006.

Satellite TV group BSkyB reports a sharp jump in profits, driven by new subscriptions, particularly for high definition services.

Shares in AstraZeneca rise more than 3% after the drug company reports a rise in profits after strong sales of key drugs.

Mining giant Rio Tinto completes a deal with Chinese firm Chalco to enter a joint venture in West Africa.

Consumer products giant Procter & Gamble becomes the 11th big firm to sign an Olympics sponsorship deal covering London 2012.

A new audit into Barcelona's finances reveals the club's debt is 442m euros (£369.5m) after a loss of more than 77m euros (£64.36m) last season.

Small and medium-sized firms are asked to help raise funds for the British 2012 Olympic and Paralympic teams.

Tom Feilden investigates whether the lessons on food security from the fuel protests 10 years ago have been learned

Young French people having difficulty finding affordable housing are being given the chance to help older members of society and put a roof over their own heads.

Work and Pensions Secretary Iain Duncan Smith says welfare reform will be "humanizing" rather than "finger wagging"

Turkey is facing a difficult decision after the EU approved an embargo on foreign trade with Iran this week.

The US government will publish GDP estimates for the three months to June later

With nearly one in five people unemployed, the economic future looks bleak in Puerto Rico.

A look at how Iran's shipping industry stays one step ahead to minimise the impact of international sanction.

As BP's rivals count the cost of a ban on offshore drilling, the tide of lawsuits arising from the oil spill in the Gulf of Mexico has washed up in a federal courtroom in Idaho.

A colourful history of the famous book publisher

Black market boom as Dubai curbs trade with Iran

Russians fear the benefits system will cease to exist

Can the new Metro Bank really shake up High Street banking?

Why British businesses still need immigrant workers

Electric motoring boosted by plug-in subsidy promise