Redknapp lies ‘extremely telling’

Harry Redknapp’s admission of lying to a News of the World reporter is “extremely telling”, a court is

Score draw in TV football case

The Premier League and the importers of foreign satellite TV decoder boxes and cards are both claiming victory after their latest court

Air India asked to pay fuel bill

Air India assures it will pay its dues for jet fuel to three state-owned oil firms by Friday after its fuel supplies are

China miner gets gold price boost

Chinse mining group Zijin says it expects a 20% jump in profits for 2011 boosted by higher gold prices during the

South Sudan in oil pipeline deal

South Sudan agrees a deal with Kenya to build an pipeline to Lamu, potentially reducing its dependence on its northern neighbour Sudan to export its

EU approves Iran oil imports ban

EU foreign ministers formally agree to an oil embargo against Iran, as Western powers reinforce their naval presence in the

IMF warns of Iran oil shock risk

The International Monetary Fund warns of a possible 20-30% spike in oil prices if Iranian exports are

US home prices continue to drop

Single-family home prices in the US dropped by 0.7% in November, amid weaker consumer

Pilkington to close one UK line

Japanese glass manufacturer Nippon Sheet Glass says it will close one of its three UK production lines as it cuts

UK recession looms, says report

The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social

Hutchison to buy Orange Austria

Hong Kong’s Hutchison 3G agrees to buy Orange Austria in a bid to expand it presence and boost market share in the

BT cuts costs to increase profits

Telecoms group BT reports a sharp rise in profits, thanks largely to a jump in the number of broadband

Uganda signs oil production deal

Oil production is set to start in Uganda after a deal is signed between the government and London-based Tullow oil, which also draws in Chinese and French

Interest rate ‘collusion’ probe

Swiss authorities investigate 12 US, European and Japanese banks over claims they have been fixing their interbank lending

Service sector sees strong growth

The UK’s service sector grew at its fastest rate since March 2011 in January, according to a closely watched

Megaupload bail appeal rejected

Kim Dotcom’s bail appeal is rejected by a New Zealand Court, as US campaigners hint at legal action to prevent files being

Motorola makes Apple pull devices

Motorola forces some 3G iPhones and iPads to be pulled from Apple’s German online store after enforcing a patent

Panasonic predicts a record loss

Japanese electronics giant Panasonic forecasts a record net annual loss of $10bn for the year to

Eurozone service sector growing

The eurozone’s service sector grows for the first time in four months, although Spain and Italy continue to

Hungarian airline Malev collapses

Hungarian airline Malev ceases trading after 66 years after being ordered by the EU to repay state aid it has

Ash claims finally given go-ahead

Some 300 travellers with insurance claims resulting from the ash cloud disruption in May 2010 will finally have their cases

VIDEO: The oil-funded super rich of the UAE

The past year has been quite a challenging one for the global economy, with the US and European debt crises, the turbulence of the Arab Spring and the tsunami in

BAA loses Stansted sale appeal

Airport operator BAA loses its latest challenge against a competition ruling that it must sell Stansted

Facebook unveils plans to float

The world’s largest social networking site, Facebook, confirms plans to raise $5bn (£3.16bn) in a share sale and reveals it made $1bn

July verdict on technology – Fifa

Fifa will make a decision on goal-line technology in

France cuts 2012 growth forecast

France cuts its growth forecast for this year to 0.5% from 1% to “take into account the deterioration of the economic

China box office tipped to surge

China’s box office takings surged 29% to $2.1bn in 2011 and are forecast to rise by around 20% this year, new figures

Cold front ad for Mini backfires

An advertising agency for BMW pays to name Europe’s cold weather “Cooper” in Germany, after the firm’s Mini Cooper car, but the stunt

Lynas shares up on Malaysia move

Shares of Australian miner Lynas surge after Malaysian authorities grant it a licence to operate a rare earth

Pakistan gets trade waiver for EU

Pakistan’s efforts to revive its exports have received a boost after some of its goods were given duty free access to the