US Senate reaches fiscal deal
05:35pm 16 October 2013
Republican and Democrat leaders of the US Senate have struck a cross-party deal to reopen the government and raise the nation's debt limit.
Royal Mail workers to go on strike
05:10pm 16 October 2013
Royal Mail workers vote to go on national 24-hour strike on 4 November, the CWU postal union announces
Equities lifted by hopes for US debt deal
04:47pm 16 October 2013
Expectations for a last-minute agreement to resolve Washington’s fiscal impasse helps bolster stocks and relieves some stress in T-Bill market
Axa sells biggest euro ‘cat bond’
04:43pm 16 October 2013
The bonds sold by Axa, Europe’s second-biggest insurer by market capitalisation, tops the previous record for the biggest euro-denominated catastrophe bond transaction set in July
Numbers relying on food banks triple
04:35pm 16 October 2013
The number of people relying on food banks to survive has tripled over the last year, according to figures from the Trussell Trust.
US Congress races to draft debt plan
04:15pm 16 October 2013
The US Senate is finalising a cross-party bill to raise the debt limit and reopen the US government, just a day before a critical deadline.
Natixis staff cut of about 4.5 per cent
04:12pm 16 October 2013
Company says employee total is projected to be stable at about 15,500 globally, but would not go into detail about which divisions would hire staff
Grangemouth refinery 'to stay shut'
04:12pm 16 October 2013
The Grangemouth oil refinery and petrochemical plant is "shut and will remain shut", its operator Ineos says.
US oil refiner exports hit Europe rivals
04:11pm 16 October 2013
As US oil product exports pour into the global oil markets, European refineries are feeling the impact: their share of the products market is shrinking
VIDEO: Postal union: Very good result for us
04:03pm 16 October 2013
The Communication Workers Union (CWU) has welcomed the result of a vote by Royal Mail staff in favour of a national 24-hour strike on 4 November.
JPMorgan fined $100m for trade loss
03:55pm 16 October 2013
JP Morgan receives a fine of $100m (£62.4m) from US regulators over its "London Whale" trading loss and admits its traders acted recklessly.
UK jobless total falls to 2.49m
03:53pm 16 October 2013
The number of unemployed in the UK fell by 18,000 to 2.49 million in the June-August period and employment hit a record high.
Wall Street Market Report
03:29pm 16 October 2013
Stocks on Wall Street rise sharply in early Wednesday trading as hopes grow of a solution to the nation's budget crisis.
Dexter malware strikes South Africa
02:36pm 16 October 2013
Malware designed to steal information from payment cards' magnetic strips strikes thousands of restaurants and retailers in South Africa.
Brazil not cheap for World Cup fans
02:02pm 16 October 2013
Brazilian price hikes may daunt England fans
Equity market confidence aids BlackRock
01:52pm 16 October 2013
Assets at the world’s largest fund manager pass $4tn thanks to strong inflows into exchange traded funds that track European and emerging markets
VIDEO: 'Past crime stops me finding work'
01:12pm 16 October 2013
BBC News hears from an ex-offender who believes his job applications are not being considered because he has to declare his conviction on the form.
Cost of comprehensive car insurance drops 14%
01:00pm 16 October 2013
Comprehensive motor insurance premiums dropped by 14% in the last 12 months to £652, according to price a comparison website.
Treasuries risk losing superpower status
12:43pm 16 October 2013
Irked by US fiscal wrangling, large foreign investors may seek better terms to buy and hold its government debt in future
US debt talks grind on amid disarray
12:34pm 16 October 2013
Frantic political attempts to avert a US federal debt default pivot back to the Senate, as plans in the House of Representatives collapse.
Screening out ‘sin’ can be good for you
12:01pm 16 October 2013
Ethical funds have undershot in terms of dividend and returns, but the wages of sin are expensive
Beware a pause in Kospi’s record run
12:01pm 16 October 2013
Rally has delivered a ‘golden cross’ where 50-day moving average has broken up through 200-DMA, an indicator supposedly presaging more bullish momentum
BoJ easing drives surge in junk bond deals
11:40am 16 October 2013
Japanese companies are raising funds at record-low prices thanks to aggressive monetary easing by the Bank of Japan
NYSE beats Nasdaq in Twitter listing
11:17am 16 October 2013
Twitter chooses the New York Stock Exchange for its share listing, as it reports that quarterly losses have tripled.
VIDEO: How US debt crisis affects world
11:12am 16 October 2013
BBC correspondents in Hong Kong, Mumbai and London describe how the US debt ceiling drama is affecting their countries.
Asia’s parents suffering 'education fever'
11:11am 16 October 2013
'Tiger parents' paying a high price
NYSE beats Nasdaq in Twitter listing
10:57am 16 October 2013
Twitter chooses the New York Stock Exchange for its share listing, as it reports that quarterly losses have tripled.
UK jobless total falls to 2.49m
10:47am 16 October 2013
The number of unemployed in the UK fell by 18,000 in the June-August period to 2.49 million, official figures show.
Nike and the battle for your wrist
10:32am 16 October 2013
Can fitness trackers like Nike's Fuelband change your behaviour?
Nike and the battle for your wrist
10:32am 16 October 2013
Can fitness trackers like Nike's Fuelband change your behaviour?