US President Obama wraps up a G8 summit saying that leaders agree economies must focus on jobs and growth to boost recovery.

Labour's Ed Balls warns the world economy faces a "catastrophe" unless Germany abandons pressure on eurozone countries to cut public spending.

The prime minister is this week expected to back a plan to help boost growth by cutting employment red tape.

Former chancellor Ken Clarke says Europe's banking system is "in tatters" and warns the UK is "heavily exposed" to potential problems.

Facebook shares end a volatile first day of trading at $38.23, barely above the company's initial pricing, having initially jumped more than 10%.

Shares in internet giant Yahoo rise 5% on reports that it is close to selling its valuable stake in Alibaba Group, the Chinese e-commerce company.

Greek officials say Germany's Chancellor Merkel has suggested a euro referendum, but Berlin denies the report.

The taxpayer could lose about £2bn once the assets of collapsed bank Northern Rock are wound down, the National Audit Office estimates.

JP Morgan chief executive Jamie Dimon will appear before a Senate committee to explain the bank's $2bn trading loss on a failed hedging strategy.

The UK agrees a £50m trade deal to sell pork to China, the world's biggest market for pig meat, where parts such as offal and trotters are more popular.

Asking people to reveal financial information to their partners is legal, HM Revenue & Customs says, despite claims it breaks confidentiality rules.

Spain's Repsol oil company says a first attempt to find oil off Cuba's northern coast has been unsuccessful.

The London Stock Exchange bucks the economic turmoil to deliver a better-than-expected rise in annual profit.

Spanish energy giant Repsol cancels a contract to provide gas to Argentina, in a continuing row after Buenos Aries nationalised one of its subsidiaries.

Pubs group Mitchells & Butlers reports a sharp slowdown in sales, saying the recent wet weather has led to fewer customers.

Perth transport group Stagecoach is to buy parts of a US bus firm for about £100m, helping it expand its operations.

Facebook founder Mark Zuckerberg ends a hectic week by getting married to long -time girlfriend Priscilla Chan in a surprise ceremony at his home.

The first pictures are released showing inside the "world's most expensive house", owned by the Ambani family in Mumbai.

A study suggests public sector debt will be pushed up by £100bn over next two decades by higher university fees.

Private rents in England and Wales went up by 0.5% in April, according to letting agency group LSL Property Services.

Gas and electricity price rises at the end of last year are expected to have pushed 400,000 more households in England into fuel poverty.

Chinese property prices continued to fall during April after the government kept policies in place to curb speculation.

The EU Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says.

The cost of borrowing on the international money markets rise sharply for Spain as investors fear further financial turmoil in Europe.

Ratings agency Moody's cuts the credit ratings of 16 Spanish banks, as shares in struggling lender Bankia fell another 14%.

Vauxhall's Ellesmere Port car plant will build a new Astra car in a deal that means huge investment and the creation and support of thousands of jobs.

The US says it will impose import tariffs of about 30% on Chinese solar companies, saying China is flooding it with subsidised products.

Charles Green says administrators at Rangers have told Ticketus they are terminating its contract over future ticket sales.

Glentoran's cash flow crisis is expected to be eased by a loan from the Irish Football Association.

Sierra Leone's football league resumed on Friday, less than a week after suspending operations because of a shortage of funds.

A report published by the National Audit Office into the creation and sale of Northern Rock reveals that the government is likely to lose £2bn overall by the time all the assets are wound down. The BBC's business editor Robert Peston has the details.

EU Economic Commissioner Olli Rehn has said the eurozone is taking "all neccessary action in order to overcome" the debt crisis.

The leaders of the G8 group of the world's most powerful economies say they want debt-stricken Greece to remain in the eurozone.

Facebook shares ended their first day of trading at $38.23, barely above the company's initial pricing of $38.

A new report is recommending that the UK builds its own spaceport, to enable tourists to go into space.

Former Sun editor Kelvin MacKenzie has said British business leaders should work harder to get the UK out of the current economic downturn.

A notorious Belfast prison that held IRA inmates during the worst of the city's sectarian troubles is to be transformed into a whiskey distillery.

The government has signed a multi-million pound deal to export British pork to China.

How did other internet companies fare after flotation?

Spain, feeling fragile, looks to Germany for help

Offering shoes and handbags as security for a loan

Egypt's economic crisis sets major task for country's next leader

The young entrepreneurs aiming to rebuild Greece

The social networks breaking Asia's stock market traditions

How to ask your boss for a pay rise