The UK economy grew 0.8% in the second quarter and has now recovered the ground lost since the downturn began in 2008, according to official figures.
Shares in Royal Bank of Scotland have jumped 11% after it said it expects pre-tax profits to double to £2.65bn for the first half of the year.
US retailer Destination Maternity withdraws a takeover offer for Mothercare, saying it was clear shareholders wanted a "significant increase" in the offer.
BSkyB wants to take over Rupert Murdoch's pay TV companies in Germany and Italy in a move that would create a company with 20 million European viewers.
People with disabilities face a "premium" of £550 a month owing to extra transport, insurance and living costs, a charity has claimed, prompting a commission to be launched.
Russia's central bank has unexpectedly said it will raise its key bank interest rate over concerns about inflation and "geopolitical tension".
The Serious Fraud Office (SFO) agrees to a £3m settlement with the business tycoon Vincent Tchenguiz for his arrest in March 2011.
In a bid to stimulate the sluggish economy, the Brazilian central bank announces plans to reduce the amount commercial banks have to keep in reserve.
Fast-food chain McDonald's suspends sale of chicken nuggets in Hong Kong over the out of date meat scandal at a Chinese supplier.
A travel company goes into administration with the loss of 89 jobs and a knock-on effect on hundreds of customer bookings.
Amazon reports a loss of $126m in the second quarter and warns of slowing sales.
The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.
US President Barack Obama urges lawmakers to end a tax loophole that allows US companies to avoid paying US corporate taxes.
Earnings at the US carmaker General Motors slump because of the cost of vehicle recalls.
Barclays challenges legal action brought by US prosecutors alleging fraud in its "dark pool" trading operations.
The South African government is fast-tracking a bill to block land sales to foreigners, which could come into effect in 2019.
Marks and Spencer says it will not be selling red grouse this year after concerns about the way in which the game birds are killed.
The economic recovery in the UK has not been felt by youngsters who have seen their pocket money fall in the last year, a survey suggests.
Only a third of "nuisance" calls are blocked by a service that allows individuals to opt-out of marketing calls, research has found.
Hundreds of thousands of people have a week to renew their tax credits or face losing the payments, HM Revenue and Customs says.
A "relatively benign" rise in interest rates still has the potential to double the number of households facing debt problems, a think tank has said.
Newly published banking standards could mean banks have to hold significantly more funds to guard against potential loan losses.
Thousands of workers across Ghana take to the streets to protest about the rise in the cost of living and call for petrol subsidies to be restored.
The unemployment rate in Spain falls below 25% for the first time in two years, as the economy begins to grow.
Easy Taxi founder Tallis Gomes explains how the difficulties of hailing a cab in Rio de Janeiro led him to create his smartphone app.
Akubra has been run by one family for five generations and their handsome felt hats, which are made with rabbit fur, are very much a part of Australia's national identity.
Aged just eight, Michal Stencl knew he wanted to be a computer programmer - now he runs a firm selling one of world's most popular apps.
A betting levy to help fund community facilities and treat gambling addiction is among proposals considered by Labour in a "long-term innovative plan for sport".
Real Madrid has topped an annual Forbes list of the world's most valuable sports teams.
Ray Whelan, the British boss of a World Cup hospitality firm, surrenders to a Brazilian judge amid a probe into alleged illegal ticket sales.