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Business News Headlines

News Source: BBC News

Apple 'among US's big tax avoiders'
May 21st, 2013 -
Apple is accused of being "among America's largest tax avoiders" by a Senate committee, who says the company avoided paying billions of dollars in US taxes.
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Marks and Spencer sees profits fall
May 21st, 2013 -
Marks and Spencer reports a big fall in annual profits, as troubles in its clothing division continue.
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UK inflation rate falls to 2.4%
May 21st, 2013 -
The UK's inflation rate fell to 2.4% in April, says the Office for National Statistics, down from 2.8% in March.
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G4S chief Nick Buckles steps down
May 21st, 2013 -
Nick Buckles, the chief executive of global security group G4S, is to step down from his position at the end of May.
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Vodafone sales hit by European slump
May 21st, 2013 -
Vodafone's full-year sales slip for the first time in eight years as tough economic conditions in Europe take their toll on customers.
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Tumblr 'will boost Yahoo revenue'
May 20th, 2013 -
Yahoo says its $1.1bn (£723m) purchase of blogging platform Tumblr will boost its revenue as soon as 2014.
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Back-to-work scheme failing, say MPs
May 21st, 2013 -
A scheme to help the unemployed find work appears to be failing the most disadvantaged jobseekers, MPs on the Work and Pensions Committee say.
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High inflation 'cost UK GDP £10bn'
May 20th, 2013 -
High inflation has cost the UK economy £10bn over the last three years, says an influential report, and has now become a "permanent fixture".
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China 'can't be free rider on trade'
May 20th, 2013 -
China cannot be a "free rider" when it comes to global trade, the EU's trade commissioner, Karel De Gucht, warns.
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Actavis agrees Warner Chilcott deal
May 20th, 2013 -
US drugs maker Actavis, itself the subject of bid speculation, agrees to buy Dublin-based rival Warner Chilcott for $8.5bn (£5.6bn) including debt.
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