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BBC News - Business

The latest stories from the Business section of the BBC News web site.

Tesco announces 6% fall in profit

Wed, 16 Apr 2014 07:30:28 GMT

UK supermarket giant Tesco announces a 6% fall in annual group trading profit to £3.3bn, the second year that profits have fallen.

Hearts' banker agrees shares sale

Wed, 16 Apr 2014 17:11:37 GMT

Ukio Bankas creditors approve the sale of its shares in Hearts, who can now begin their move out of administration.

China 'must allow currency to rise'

Wed, 16 Apr 2014 01:28:43 GMT

The US tells China its currency must be allowed to rise if its own and the rest of the world's economy are to see stable growth.

Free jail-built bikes for jobseekers

Tue, 15 Apr 2014 10:39:00 GMT

Jobseekers in Derby will be given free bikes refurbished by prisoners in a bid to help them find work.

Families on 'financial knife-edge'

Mon, 14 Apr 2014 08:14:35 GMT

Almost 4m families have enough money to pay their rent or mortgage for only a month, if made jobless, housing charity Shelter says.

Wage rises catch up with inflation

Wed, 16 Apr 2014 11:35:12 GMT

After nearly six years of falling real wages, rises in weekly earnings have finally caught up with inflation, according to the Office for National Statistics.

Former Co-op boss faces drug charges

Wed, 16 Apr 2014 11:20:23 GMT

Paul Flowers, the former chairman of the Co-operative Bank and ex-Methodist Church minister, is charged with three counts of drug possession.

Legal costs hit Bank of America

Wed, 16 Apr 2014 12:44:21 GMT

Bank of America reports a $276m first-quarter loss, after taking into account a $6bn charge for mortgage-related legal matters.

Footballer helps save pasty company

Fri, 11 Apr 2014 17:01:25 GMT

Former Leeds United footballer, Danny Mills, is among investors who stepped in to save 35 West Cornwall Pasty Company outlets

VIDEO: Price war sees Tesco profits fall 6.9%

Wed, 16 Apr 2014 19:41:52 GMT

Tesco has reported a 6.9% fall in group trading annual profit to £3.3bn as it continues to lose market share to discount rivals.

VIDEO: China's hard-hit steel industry

Wed, 16 Apr 2014 09:06:29 GMT

China's economy grew 7.4% in the first three months of the year - slightly better than expected, but below the government's target.

VIDEO: End of cost of living squeeze?

Wed, 16 Apr 2014 20:47:38 GMT

Wage increases have finally risen above the rate of inflation, after four years of falling living standards.

Google shares fall on ad concerns

Wed, 16 Apr 2014 20:51:03 GMT

Shares in Google fall 5% despite reporting first-quarter profit of $3.45bn in response to worries over future income from advertising.

VIDEO: Singapore Airlines multi-path plan

Wed, 16 Apr 2014 00:06:14 GMT

Singapore Airlines is planning a multi-path route to growth - adding partnership arrangements and sponsorship deals to boost its prospects.

Prize money increase for French Open

Tue, 15 Apr 2014 12:56:51 GMT

The French Open will pay prize money of more than £20.6m this year, with the singles champions each receiving £1.36m.

First Heartbleed 'hacker' arrested

Wed, 16 Apr 2014 20:56:43 GMT

A 19-year-old Canadian citizen is charged with hacking into the Canada Revenue Agency's website, becoming the first arrest in relation to the Heartbleed security breach.

Bamboo back in business for Taiwan

Wed, 09 Apr 2014 18:37:42 GMT

After decades of decline, Taiwan's bamboo industry is now recovering as the plant is being used to make a wider range of goods, says the BBC's Cindy Sui.

Gas from coal: The future or fantasy?

Sun, 13 Apr 2014 23:10:28 GMT

Can coal become the low carbon energy of the future?

Starbucks to move European HQ to UK

Wed, 16 Apr 2014 13:29:57 GMT

Starbucks is to move its European head office to London by the end of the year, meaning it will pay more tax in the UK, the company says.

Sweet or sour? Duping our taste buds

Tue, 15 Apr 2014 23:00:11 GMT

Would this dessert taste different on a black plate?

VIDEO: China's reform could slow growth

Wed, 16 Apr 2014 00:07:28 GMT

China's economic reform agenda could slow growth on the mainland, first quarter economic figures will be closely watched.

Credit Suisse rebuffs forex probe

Wed, 16 Apr 2014 07:51:32 GMT

Swiss bank Credit Suisse has found nothing "materially untoward" in how it trades foreign currencies, finance officer David Mathers has said.

Virgin apologises for email glitch

Wed, 16 Apr 2014 21:11:12 GMT

Virgin Media apologises after some of its customers received hundreds of unwanted emails because of a distribution list error.

Could offices change from sitting to standing?

Mon, 14 Apr 2014 23:12:25 GMT

Should offices change from sitting to standing?

The Whole Foods way of engaging staff

Mon, 07 Apr 2014 23:06:16 GMT

How can firms engage their employees? Whole Foods chief executive John Mackey explains how he motivates his staff.

The boss who wants staff to have fun

Sun, 13 Apr 2014 23:06:33 GMT

A profile of Henry Engelhardt, the boss of insurance group Admiral, and why he wants his staff to have fun.

Man City players 'best paid in sport'

Wed, 16 Apr 2014 08:57:59 GMT

Premier League players at Manchester City are the best paid in global sport, according to a new study.

'Shocking' rise in use of food banks

Wed, 16 Apr 2014 10:35:23 GMT

Hundreds of thousands more people are turning to food banks to stop themselves from going hungry, says charity the Trussell Trust.

Graduate starting pay 'falling'

Mon, 14 Apr 2014 09:33:41 GMT

Starting salaries for graduate jobs, even in the best-paid fields of medicine and dentistry, have fallen 11% in five years, research suggests

How 3D is changing the shape of lessons

Tue, 15 Apr 2014 23:02:16 GMT

How 3D printing is changing the shape of lessons

Court clears ex-Anglo bank boss

Wed, 16 Apr 2014 17:46:48 GMT

The former chairman of Anglo Irish bank has been found not guilty of illegally supporting the bank's share price, the jury continues to deliberate in the case against two others.

Remittance fees 'hurt Africans'

Wed, 16 Apr 2014 11:02:01 GMT

Communities in sub-Saharan Africa are being "hurt" by high fees charged by money transfer operators, charity Comic Relief says.

AUDIO: Walsh: BA will run planes on rubbish

Wed, 16 Apr 2014 11:03:49 GMT

British Airways have announced plans to run some of its jet planes on rubbish.

US inflation stays low in March

Tue, 15 Apr 2014 13:56:54 GMT

A sharp fall in petrol prices helped to keep US consumer inflation well below the Federal Reserve's 2% target in March.

UK unemployment rate falls to 6.9%

Wed, 16 Apr 2014 10:16:20 GMT

The number of people out of work in the UK has fallen by 77,000 to a five year low of 2.24 million in the three months to February, official figures indicate.

Ukraine crisis could hit Russian GDP

Tue, 15 Apr 2014 12:50:49 GMT

The Russian economy may see zero growth this year because of the Ukraine crisis, Russia's finance minister has admitted.

Growth in Scottish economy slows

Wed, 16 Apr 2014 12:20:14 GMT

The Scottish economy grew by 0.2% in the final three months of 2013, compared with growth of 0.7% in the UK as a whole.

VIDEO: UK inflation fall announced

Tue, 15 Apr 2014 09:39:14 GMT

The UK inflation rate as measured by the Consumer Prices Index (CPI) fell to 1.6% in March from 1.7% in February, according to the Office for National Statistics (ONS).

House prices continue to accelerate

Tue, 15 Apr 2014 10:32:20 GMT

The rate at which UK house prices are rising has continued to increase, official figures show, with prices up 9.1% in the year to February.

How GDP became the figure to watch

Wed, 16 Apr 2014 08:14:47 GMT

How GDP became such an important measurement

China's 7.4% growth beats forecast

Wed, 16 Apr 2014 04:38:37 GMT

China's economy expanded by 7.4% in the first quarter of the year, better than expected but down from 7.7% at the end of 2013.

Steering a company in a new direction

Mon, 14 Apr 2014 23:00:58 GMT

When implementing change brings a personal backlash

Hi-tech start-ups aim for the stars

Mon, 14 Apr 2014 23:05:47 GMT

New tech helps small firms shoot for the stars

VIDEO: Will Jelly repeat Twitter's success?

Wed, 16 Apr 2014 07:26:53 GMT

Biz Stone discusses his new social app Jelly which he hopes will encourage people to help each other out.

The self-storage millionaires

Sun, 13 Apr 2014 23:13:04 GMT

The men who got rich selling empty space