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BBC Business News

 

BBC News - Business

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

Websites creak on record Black Friday
Retailers including John Lewis and Currys head for record online sales as frenzied shopping swamps websites.

Oil prices hit fresh four-year lows
Crude oil prices hit a four-year low in the wake of the decision of the Opec oil producers' cartel not to cut output.

House price growth lowest since 2013
The UK housing market is continuing to slow, Nationwide says, with annual house price inflation falling to 8.5% in November.

Eurozone inflation rate falls to 0.3%
The eurozone inflation rate falls to 0.3%, suggesting that deflation remains a threat for the 18-nation bloc.

Suspended Tesco exec leaves company
The BBC has learned one of the Tesco executives suspended by the company over the £260m profit misstatement has left the company.

Oil price plunge hits energy shares
Shares in energy stocks fall further as investors continue to react to the sharp fall in oil prices following Thursday's Opec meeting.

Indian economic growth slows to 5.3%
The Indian economy grew at an annual pace of 5.3% in the three months to the end of September, down from 5.7% in the previous quarter.

Social media told to simplify terms
A report from the UK parliament says Facebook, Twitter and other social networking firms need to make their terms and conditions clearer.

Energy firms hit with £39m penalty
Regulator Ofgem imposes record £28m penalty on power generator Drax, while InterGen faces an £11m payout, for missing energy saving obligations

Weak yen and oil price lifts Nikkei
Japan's Nikkei closes at its highest level for two weeks, with exporters boosted by a weaker yen and airline shares helped by falling oil prices.

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