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BBC News - Business - UK Edition 

Alibaba shares surge on NY debut

Alibaba's shares closed significantly above their initial price on the New York Stock Exchange on Friday, a sign of the excitement surrounding the Chinese internet giant.

Vodafone saves Phones 4U store jobs

Restructuring at the Phones 4U head office is resulting in 628 redundancies, but 887 jobs in stores will be preserved.

Shares rise in London on 'No' vote

Shares rise in London after Scotland rejects independence, as a rally in the pound fades.

Prada profit hit by fall in sales

The Italian fashion house Prada reports a 20% fall in profit, hit by the strength of the euro and a fall in leather good sales.

GSK fined $490m by China for bribery

China fines UK pharmaceuticals firm GlaxoSmithKline $490m (£297m) for bribery and its former head of Chinese operations is given a suspended jail sentence.

Scottish 'No' vote 'relief' for firms

Businesses speak of 'relief' over Scotland's rejection of independence, and banks say they will no longer be shifting operations out of Scotland.

South Sudan dismays investors

South Sudan's decision to order foreign workers to leave, reversed a day later, has rattled investors and neighbours.

WPP moves into Mongolia

A subsidiary of global advertising giant WPP has acquired a majority stake in a Mongolian ad agency.

Oracle boss Larry Ellison steps down

Multi-billionaire Oracle boss Larry Ellison steps aside to focus on product engineering, as Mark Hurd and Safra Catz are named as co-chief executives.

Rents 'rising faster than inflation'

The cost of renting a home in England and Wales rose faster than inflation in the year to August, climbing 2.4%, according to a survey.

Microsoft cuts more than 2,000 jobs

Microsoft announces another 2,100 redundancies as part of a target to cut 18,000 jobs, about 14% of its workforce.

Phones 4U 'rescue' attempt fails

A group of bondholders in the collapsed retail chain, Phones 4U, have failed in an 11th-hour plan to rescue the company.

Clash over car tax disc changes

Motorist organisation, the RAC, and the DVLA have clashed over the policing of car tax with claims of increased evasion amid changes to the system.

Vacuum cleaner boost for retail sales

UK retail sales rose by 0.4% during August, helped by shoppers looking to snap up high-powered vacuum cleaners ahead of an EU ban on the products.

ECB stimulus offer sees low take-up

A European Central Bank measure designed to stimulate the flagging eurozone economy has seen a low initial take-up by banks.

Airlines' luggage surcharges 'legal'

Airlines are within their rights to charge a supplement to customers checking-in their luggage, a court rules.

'Thousands lie' on motor cover forms

A total of 180,675 fraudulent applications for motor insurance were detected by the industry last year, a trade body says.

Bosses and cash vanish at shoe firm

Chinese footwear firm Ultrasonic has announced the disappearance of its chief executive and chief operating officer, along with most of its cash.

Women convicted of 'pyramid scheme'

Six women are convicted of running a "pyramid scheme" in south-west England and south Wales in which thousands of people lost money.

Mortgage appetite 'starting to wane'

Borrowers' appetite for home loans is "starting to wane" despite an annual rise in mortgage lending, a lenders' group says.

Bank 'tops customer service ratings'

Online bank First Direct has topped a customer service league compiled by consumer group Which?, with Npower ranked bottom.

Irish economy bounces back strongly

The Irish government upgrades growth forecasts for 2014 after the economy grew by a stronger-than-expected 1.5% in the April-to-June quarter.

India and China sign landmark deals

India and China sign 12 agreements, one of which will see China investing $20bn in India's infrastructure over five years.

US Fed to end stimulus in October

The US Federal Reserve says it will raise interest rates once a "considerable time" has passed after its stimulus programme ends in October.

The PoW who built a $180m business

A profile of Everett Alvarez, the former US Navy pilot, who spent eight and a half years as a prisoner of war in North Vietnam, before a successful career in government and business.

Africa's first education tablet

Ivorian Coast entrepreneur Thierry N'Doufou talks about how he developed a tablet computer which he wants to be used by all school children in the country.

How to be a big fish in a small pond

Singaporean businessman Kenny Yap says he aims to be the world's biggest tropical fish exporters: "I like being a big fish in a small pond," he tells the BBC.

Radisson halts Vikings sponsorship

Hotel chain Radisson suspends its sponsorship of NFL team Minnesota Vikings after one of their players was charged with child abuse.

US firm assessing offer for Tottenham

US private investment company Cain Hoy Enterprises confirms it is considering a takeover offer for English Premier League club Tottenham Hotspur.

Man United predicts fall in profit

Manchester United predicts profit and revenue to fall as a result of its failure to qualify for Champions League.


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