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BBC Business News

 

BBC News - Business

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

Amazon reports $126m quarterly loss
Amazon reports a loss of $126m in the second quarter and warns of slowing sales.

IMF lowers global growth forecast
The International Monetary Fund (IMF) has lowered its forecast for global economic growth this year, from 3.7% to 3.4% but the UK's forecast is raised.

Barclays challenges US fraud case
Barclays challenges legal action brought by US prosecutors alleging fraud in its "dark pool" trading operations.

GM profits hit by recall problems
Earnings at the US carmaker General Motors slump because of the cost of vehicle recalls.

SA to block land sales to foreigners
The South African government is fast-tracking a bill to block land sales to foreigners, which could come into effect in 2019.

Banks face tougher accounting rules
Newly published banking standards could mean banks have to hold significantly more funds to guard against potential loan losses.

Register 'fails to stop cold calls'
Only a third of "nuisance" calls are blocked by a service that allows individuals to opt-out of marketing calls, research has found.

Europe lifts Tel Aviv flights ban
The European Aviation Safety Agency has joined the US in lifting its ban on flights to Tel Aviv's Ben Gurion airport.

UK retail sales continue to grow
The volume of goods sold in the UK's shops, stores and supermarkets continues to grow, according to the Office for National Statistics (ONS).

Alstom charged with corruption
Alston Network, a UK subsidiary of the giant French engineering group Alstom, has been charged with corruption by the Serious Fraud Office (SFO).

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