Business

Oil prices fall by more than $2 as analysts suggest demand from developing economies is slowing.

United Airlines is to cut 100 planes from its fleet and lay off between 900 and 1,100 staff.

Developers of a $5bn (£2.6bn) casino complex in Las Vegas abandon the project.

The Italian prime minister, Silvio Berlusconi, softens his stance on Alitalia partnering with Air-France-KLM.

The boss of Northumbrian Water warns that it will be a "challenge" to keep water bill rises below inflation.

Shares in Uniqlo owner Fast Retailing hit a five-year high after reports it was set for bumper annual profits.

The OECD warns that the global economic slowdown could last longer than previously thought.

Kingfisher, the owner of DIY chain B&Q, blames poor weather for a fall in sales over the past 13 weeks to May.

Plans for a massive increase in offshore wind power are set to be unveiled by the government.

US investment bank Lehman Brothers denies rumours it is facing funding problems.