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BBC Business News

 

BBC News - Business

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

Government may begin RBS sale
The Treasury could begin the process of selling part of the government's stake in Royal Bank of Scotland from Monday, according to BBC sources.

Greek shares 'set to plunge 20%'
The Athens Stock Exchange is set to plunge by as much as 20% on Monday when trading finally resumes after a five-week closure, traders predict.

Call to widen MH370 debris hunt
Malaysia urges other Indian Ocean islands to be on the lookout for more possible MH370 debris, after a wing part washes up on Reunion.

Lloyds Bank PPI bill tops £13bn
Lloyds Banking Group's claims bill for PPI tops £13bn as it sets aside a further £1.4bn to compensate customers.

'Progress' but no deal at TPP talks
Twelve Pacific nations fail to agree a regional trade deal which would cover 40% of the world economy, despite talk of "significant progress".

Bitcoin chief arrested in Japan
The founder of MtGox - once the world's biggest bitcoin exchange - is arrested by Japanese police investigating losses of nearly $400m.

British oil company investigated
The Serious Fraud Office opens a criminal investigation into British company Soma Oil and Gas.

Swiss central bank in 50bn franc loss
The soaring value of the Swiss franc against the euro leads Switzerland's central bank to report a first half loss of 50bn francs.

Greek PM defends ex-finance minister
Greek Prime Minister Alexis Tsipras defends his former finance minister in a row over an "emergency plan" in case of Greece's exit from the euro.

NatWest: Our website was 'targeted'
NatWest Bank has blamed earlier problems with its website on a series of deliberate attacks, known as a distributed denial of service (DDoS)

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