Business

China will invest $5bn over the next three years to develop crude oil production in eastern Niger.

The Chairman of the Federal Reserve, Ben Bernanke, signals the run of US interest rate cuts is at an end.

The US central bank auctions another $75bn in short-term loans to firms in the financial sector.

General Motors is closing four truck and sports utility vehicle plants in the US, Canada and Mexico.

Laurent-Perrier results are boosted by sales of higher-priced vintages and emerging market demand.

A South Korean court upholds the suspended sentence on Hyundai boss Chung Mong-Koo.

Water provider United Utilities sees pre-tax profits fall slightly but says the firm has had a successful 12 months.

A Malaysian minister announces plans to remove price controls on petrol and diesel from August.