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BBC Business News

Friday 21st August 2009

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

  • Co-op halts new business lending
    Co-operative Bank has stopped offering new business loans amid concerns over its capital position and talks with UK regulators.
  • Germany reports sluggish growth
    Germany's economy barely grew in the first quarter of the year, figures show, as private consumption helped offset shrinking exports and investment.
  • IMF chief Lagarde made key witness
    A French court does not place IMF head Christine Lagarde under investigation over a payout made when she was finance minister, making her a key witness instead.
  • Manchester United cuts debt costs
    Manchester United has struck a new loan deal to cut the amount of interest it pays on its huge debts.
  • London Market Report
    London's leading shares lose further ground in Friday trading, extending Thursday's global sell-off.
  • Second RBS apology for app glitch
    RBS has apologised for the second time in two months after customers were unable to login to their accounts through their mobile phone app.
  • Poor countries take on tax avoiders
    Developing countries are trying to stop mining companies shifting billions of dollars in profits out of their countries, depriving them of much-needed tax revenue.
  • Euro bank chief sees UK improvements
    European Central Bank president Mario Draghi, visiting London's City district, says he sees "signs of tangible improvements" in the UK economy.
  • News Corp to split in two on 28 June
    News Corp announces it will officially split its publishing and entertainment businesses on 28 June, two years after the UK phone-hacking scandal involving the News of the World.
  • Amazon reveals fan fiction platform
    Fan fiction authors will be able to publish and sell some titles in the US via new e-book platform Kindle Worlds.


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