Citing stronger growth figures, US President Barack Obama says 2014 will be a 'breakthrough year' for the US economy.
The Dow Industrials and S&P 500 hit records after stronger than expected economic data.
Shares in BAE Systems fall 4.5% on worries about fighter jet sales to the United Arab Emirates and Saudi Arabia.
Smartphone maker Blackberry loses $4.4bn as it agrees a five-year deal with Foxconn, the world's largest maker of electronic products and components.
The UK economy is growing faster than previously estimated, according to the latest official figures.
Mexico's President Enrique Pena Nieto signs a law that changes the constitution to allow foreign companies to drill for oil and gas for the first time since 1938.
The German supermarket chain Aldi is planning to invest $3bn (£1.8bn) to open 650 new stores in the United States.
Rupert Murdoch's media company NewsCorp buys Storyful, an Irish "social media news agency".
The BBC appoints the Telegraph's Kamal Ahmed as its new business editor to succeed Robert Peston, who becomes economics editor.
Deutsche Bank is to pay 1.4bn euros to settle a lawsuit with US authorities over mortgage-backed products.
A committee of MPs has called for a ban on payday loan advertising on children's television, but the industry regards its report as wide of the mark.
Npower, one of the "big six" energy companies, agrees to pay a £3.5m penalty for breaching sales rules to vulnerable customers, regulator Ofgem says.
EU leaders finish two days of summit talks in Brussels amid doubts about an agreed banking union plan.
A former Microsoft manager and his friend are charged with insider trading by the US securities regulator.
China rejects 545,000 tons of imported US corn found to contain an unapproved genetically modified strain.
Ed Miliband vows to give councils the power to ban high stakes roulette machines from bookmakers shops if Labour wins the next election.
Google is fined 900,000 euros (£751,000) for not doing enough to respect Spanish data protection laws
The busiest time of the week for house-hunting on the internet is Tuesday lunchtime, according to property portal Rightmove.
Cuba is loosening long-standing restrictions on people buying foreign-made new and used cars, according to state media.
A survey for the Bank of England shows a reduction in households concerned about debt, but warns over the impact of rising interest rates.
The UK tax authority "seems to lose its nerve" when chasing multinational companies for tax owed, the head of a committee of MPs says.
Business Secretary Vince Cable rules out banning zero-hours contracts, saying they offer "welcome flexibility", but launches a consultation on their use.
China's interbank lending rate rises to its highest level since June, despite regulators' attempts to calm concerns about a potential cash crunch.
A stronger construction sector drives growth in the Republic of Ireland's economy in the July-to-September quarter, data from the Central Statistics Office show.
UK retail sales rose last month, official figures show, as the colder weather boosted sales of warm clothing.
A call centre has been set up in Bethlehem by a UK entrepreneur, bringing much needed employment to the West Bank.
Spanish designer Agatha Ruiz de la Prada explains how she went from designing clothes to notepads, tiles and even gravestones
Founded in the sleepy backwaters of a Quebec suburb, Canadian circus company Cirque du Soleil is now one of the world's most successful live entertainment companies.
Coventry City Football Club releases pictures of a proposed new stadium and reveals it will not be in the city.
All five Rangers directors are re-elected following the club's AGM but four nominees fail in their bid to join the board.