Yahoo 'to buy Tumblr for $1.1bn'

Yahoo's board approves a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m), US media reports say.

Bank governor in Help to Buy warning

The outgoing Bank of England governor warns a government plan to boost the housing market with part-mortgage guarantees has no long-term place.

Google chief defends tax affairs

Google's executive chairman Eric Schmidt defends the company's tax affairs after it comes in for strong criticism from MPs.

Miliband pledge on tax avoidance

Labour leader Ed Miliband says he will write new rules to tackle corporate tax avoidance if he wins the next election, even without international agreement.

Ofcom plans simplified phone numbers

Some people are "put off" making important calls because of confusion over the amount they will be charged, according to the telecoms regulator.

Treasury claims banks 'safer in UK'

The latest UK government paper on the impact of Scottish independence will claim the UK is better placed to manage the risk of a financial crisis.

Contactless 'charging errors' at M&S

Some Marks and Spencer customers say its contactless payment terminals have taken cash from cards other than the ones intended for payment.

Morrisons agrees deal with Ocado

Morrisons, the UK's fourth largest supermarket chain, says it will launch online shopping by January 2014 after agreeing a tie-up with Ocado.

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.

Europe car sales break losing streak

Car sales across Europe rose in April for the first time in 18 months, helped by strong demand in the UK and by the early Easter break.

Public sector pensions face big hit

Four million public sector employees will see a dramatic reduction in the overall value of their pension schemes, a new report claims.

Ofcom: 'Too many' nuisance calls

UK households are receiving too many nuisance calls, according to the telecoms regulator, Ofcom.

Lloyds shares hit break-even point

Lloyds Banking Group's share price passes 61.2p in morning trading, the break-even point for the government's investment in the group.

Jockey Club hits its bond target

The Jockey Club hits its £15m Racecourse Bond target and extends the application window until 28 May.

Spain reports monthly trade surplus

Spain records its first monthly trade surplus in more than 40 years as demand for imports dries up.

Turkish bonds yield at record low

Turkish bond yields have hit new lows as investors greeted Moody's increase in the country's credit rating to investment grade.

Hayward appointed Glencore chairman

Glencore Xstrata shareholders vote to appoint Tony Hayward, BP's former chief executive, as interim chairman to replace Sir John Bond.

RBS to cut a further 1,400 jobs

Royal Bank of Scotland (RBS) is to cut a further 1,400 jobs from its retail banking head office over the next two years.

Man lists 12,000 call menu options

An IT manager who grew frustrated with call centre menus has catalogued shortcuts to thousands of phone services

HMRC wins Goldman Sachs court case

HM Revenue and Customs (HMRC) has won its case in the High Court, where it had been accused of illegally letting investment bank Goldman Sachs off part of its tax bill.

Fuel poverty gap widens

The UK's so-called "fuel poverty gap" is widening, although the total number in fuel poverty has fallen, according to a government report.

Eurozone and US inflation falls

Inflation in both the 17-strong eurozone bloc and the US falls to its lowest level in years.

Economic benefits of HS2 questioned

The HS2 rail project has an estimated £3.3bn funding gap and the benefits for the economy are "unclear", the National Audit Office says.

Chancellor to stay on economic path

Chancellor George Osborne tells business leaders at the CBI that he will not deviate from the government's economic road to reducing the deficit.

Dell posts 79% fall in profits

Dell reports a 79% fall in quarterly profits to $130m (£85m) amid falling computer sales and a takeover battle.

MPs challenge Google over UK tax

The internet giant Google has been challenged by MPs over the way it reports its income for tax.

Wal-Mart and Asda see profits rise

The world's biggest retailer Wal-Mart, which owns the UK chain Asda, says profits in the three months to April nudged higher.

Dravid 'shock' over cricket arrests

India batsman Rahul Dravid is shocked after three of his Rajasthan Royals IPL stars are arrested over spot-fixing claims.

Honda to supply 2015 McLaren engines

Japanese car manufacturer Honda will return to Formula 1 in 2015 as engine suppliers to the McLaren team.

Olympic venue's future secured

More than 4,500 jobs are to be created as the final venue to be permanently based in the Queen Elizabeth Olympic Park has its future secured.