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Apple's Tim Cook defends tax claim

Apple boss Tim Cook defends its tax strategy at a Senate hearing, after the tech giant is accused of being among America's largest tax avoiders.

HMRC to miss tax credit fraud target

The UK tax authority's failure to hit a target of reducing tax credit fraud and error has "cost the taxpayer dear", a committee of MPs says.

Bad weather hits retail sales again

UK retail sales in April were 1.3% lower than in March as bad weather continued to dent spending, official figures show.

Microsoft unveils Xbox One console

Microsoft unveils the third generation of its video games console in an event at its headquarters at Redmond, Washington.

SAP in autism recruitment drive

German software company SAP says it hopes to recruit hundreds of people with autism, saying they have a unique talent for information technology.

Nationwide mortgage lending rises

The UK's largest building society, Nationwide, says its share of the mortgage market has reached a record high.

SSE profits up after cold weather

The cold weather helps energy supplier SSE to report a rise in profits, despite disruption from heavy snow and a fine from regulators.

Cameron to warn EU summit over tax

David Cameron is to urge EU leaders to back action against the tax evasion and "aggressive" tax avoidance he says is costing all nations.

Japan sees 10th trade deficit in row

Japan posts its tenth straight monthly trade deficit as a weaker yen increases the cost of imports more than it helps boost exports.

Hong Kong probes commodities market

Hong Kong Mercantile Exchange, which trades commodities, is being probed by the police and market regulators over alleged financial irregularities.

Record closing high for US shares

Shares on Wall Street picked up on Tuesday to a new all-time high as investors bet that the US central bank would continue supporting the economy.

JP Morgan boss wins shareholder vote

JP Morgan chairman and chief executive Jamie Dimon will keep both jobs after shareholders voted in his favour.

Marks and Spencer sees profits fall

Marks and Spencer reports a big fall in annual profits, as troubles in its clothing division continue.

Pound falls after dip in inflation

The pound falls after lower fuel prices lead to a lower-than-expected inflation rate of 2.4% for April.

Former Saab cars chiefs arrested

Three former top executives from car maker Saab Automobile have been arrested in Sweden on suspicion of accounting fraud charges.

Scotland 'can afford independence'

Scotland can "more than afford" to be a successful independent country, its first minister says as he launches a paper outlining the nation's economic strength.

Cement firms warned over competition

Lack of competition in the UK cement market is costing consumers millions of pounds, the Competition Commission says.

Sharp jump in Royal Mail profits

Royal Mail's annual profits more than double, helped by strong growth in parcel deliveries as more people shop online.

Data suggests housing market pick-up

The UK housing market is seeing a slight pick-up in activity with mortgage lending and prices both rising, figures suggest.

Back-to-work scheme failing, say MPs

A scheme to help the unemployed find work appears to be failing the most disadvantaged jobseekers, MPs on the Work and Pensions Committee say.

Tax credits scam email warning

People who receive tax credits are being warned about scam emails being sent out by fraudsters in an attempt to gather card details and passwords.

China 'can't be free rider on trade'

China cannot be a "free rider" when it comes to global trade, the EU's trade commissioner, Karel De Gucht, warns.

High inflation 'cost UK GDP £10bn'

High inflation has cost the UK economy £10bn over the last three years, says an influential report, and has now become a "permanent fixture".

Thousands rally to oppose Italy cuts

Tens of thousands of protesters, led by trade unionists, rally in the Italian capital Rome against the policies of the new coalition government.

Not your typical multimillionaire

Launching our new weekly feature called The Boss, we take a closer look at what drives Aaron Levie, the founder and chief executive of cloud storage company Box.

The cassette makes a comeback

The humble cassette tape, a happy memory for many music fans of a certain age, stages a comeback for one Canadian company. Will the trend last?

Firms aiming to make money while doing good

Karen Weintraub explores the growth in the number of US small firms who wish to profit from making a positive difference in the developing world.

Man Utd earns £60m in TV money

Manchester United earned a record £60.8m in Premier League television revenue this season on their way to their 20th English title.

Man City form New York MLS franchise

Manchester City have announced a partnership with baseball's New York Yankees to form a new Major League Soccer franchise.

India cricketers' remand extended

A court in India extends custody of three cricketers, arrested last week over allegations of spot-fixing in the Indian Premier League (IPL).

VIDEO: Private jets flying high in downturn

Luxury air travel in private jets continues despite struggles in the global economy

AUDIO: Royal Mail is 'a declining business'

The Business Secretary Vince Cable says "the big competitive threat to the Royal Mail is email".

VIDEO: Levi Roots: Mentor key to my success

Reggae musician-turned-entrepreneur Levi Roots explains why he is backing a government scheme to encourage more new business start ups.

VIDEO: Why did UK inflation rate fall?

The UK's inflation rate fell to 2.4% in April, according to the Office for National Statistics, down from 2.8% in March.

VIDEO: Apple chief hits back in tax row

CEO Tim Cook has spoken out in defence of Apple, after a Senate committee accused the company of using "a complex web of offshore entities" to avoid paying billions of dollars in US income taxes.

VIDEO: Apple 'avoided $1m tax per hour'

A Senate committee has accused Apple of using "a complex web of offshore entities" to avoid paying billions of dollars in US income taxes.

VIDEO: Stamp collecting big business in Asia

The UK-based experts in stamp collecting, Stanley Gibbons, recently opened its first office in Singapore to take advantage of growing interest in the hobby in Asia.

VIDEO: Investors show faith in JP Morgan boss

JP Morgan chairman and chief executive Jamie Dimon will be allowed to keep both jobs after investors voted in his favour at the bank's annual meeting.

Calculate your inflation rate

Find out how much your cost of living is going up

Is a paperless library still a library?

Getting ready for bookless libraries

Some Day My Prints Will Come

3D printing will revolutionise manufacturing, Peter Day argues

Apple tax: The Irish connection - Senate

How Apple routed earnings through overseas subsidiaries

Foreign comedians stand up for the UK

Why foreign comedians love the British comedy business

Luxury labels' designs on South East Asia

Luxury labels target Singapore's best dressed

Tech finds profit in poo in Dubai

Finding profit in poo in the Middle East

New Xbox readies for video games war

Will Microsoft's new games machine win the next console war?

Clock ticks on Swiss banking secrecy

Swiss banks creak under pressure to end trademark secrecy

Are Green CEOs leaving the pack behind?

UK shale gas projections "wildly optimistic", campaigners say

Businesses hail plans for energy efficiency payments

Wind industry warns time is running out to test cost-saving technology

Businesses urge EU to adopt energy efficiency goals

A critical decision for Boris - and for many councils

Green Deal needs targets to be effective, warn MPs

Defra hosts waste industry growth summit

Government confirms plan to use capacity market to boost energy efficiency

Green Week 2013

Ernest Moniz to be sworn in as US Energy Secretary

Davey slams 'vested interests' for trying to neuter UK climate policy

A third of councils 'in breach' of EU energy efficiency laws, FOI reveals

Could a tablet app help reduce wind farm objections?

Are Britain’s ports ready to reap the benefits of offshore wind power?

Australian researchers hail printable solar cells breakthrough

The secrets of achieving zero waste

Work starts on £650m Swansea Bay tidal energy scheme

Renewable heat payments doubled for householders

Government takes wraps off energy intensive industry compensation package

Businesses questioned on environmental benefits of EU

EU tariffs on Chinese solar imports 'a grave mistake' says German minister

Science promises strawberry fields forever

Exclusive: BT announces 100 per cent renewables Npower deal

In the Green Room with Crest Nicholson's Elizabeth Ness

Climate risk: UN says business response needs more urgency

UK clean tech missions lined up for Colorado and Brazil

Green Investment Bank makes £5m biomass commitment

Saint Lucia waves goodbye to fossil fuels

Party that grabs 'Greener, Cheaper' energy story at election will thrive

Can the energy industry ever restore consumer trust?

Renault to charge up Formula E Grand Prix with new Spark-Renault

Clear Channel shows off advertising l'eau-how

Goldman Sachs to fund $500m SolarCity rooftop solar projects

Five climate lessons from John Ashton

Donald Trump launches wind farm legal challenge

Defra prepares to slash climate adaptation team to just six officials

DECC slams Civitas 'manifesto for imported gas'

"Sharing Economy" saving UK £4.6bn a year

EU fisheries reform plan falls short of outright discards ban