Business

The UK service sector shrank in June at its quickest rate in nearly seven years, adding to economy gloom.

Up to 1,000 jobs are set to go at housebuilder Barratt Developments in a fresh blow to the UK property market.

Mobile provider Vodafone is to expand its presence in Africa by buying a majority stake in Ghana Telecom for £452m.

New entries in the latest edition of the Concise Oxford English Dictionary include credit crunch, and non-dom.

Music stars and composers are in Brussels to campaign against changes to the rules governing music copyright.

The system for regulating US banks should have performed better, US Treasury Secretary Hank Paulson admits.

The price of oil continues its surge upwards - hitting a new high of $145 a barrel in trading in Singapore.

Paper trail
02-07-08 23:00

Nigeria makes progress on getting back stolen cash

The Dow Jones Industrial Average closes more than 20% below its October peak, making it a bear market.