LATEST BUSINESS NEWS
BBC News - Business
The latest stories from the Business section of the BBC News web site.
- Greeks reject EU 'budget control'
Greek officials reject German proposals for a eurozone budget commissioner to oversee spending, as agreement nears on a second bailout for Greece. - IMF issues austerity cuts warning
Inappropriate spending cuts could "strangle" growth, so austerity measures should be tailor-made by each country, the head of the IMF warns. - US economic growth rate picks up
The pace of US economic growth quickened to a 2.8% annualised rate in the three months to December, the Commerce Department says. - US says trade anxieties worsening
US trade representative, Ron Kirk, has warned the US public increasingly feels global trade costs jobs, making it hard to sell any new world deal. - Davos 2012: Who's afraid of China?
Davos comes to terms with a new global power - Davos 2012: Where to invest this year?
'Gambling' with some of the world's top investors - VIDEO: Tupperware boss gives Davos advice
Davos veteran Rick Goings, boss of Tupperware, offers "dos and don'ts" for first-time visitors to the World Economic Forum. - Spain jobless passes five million
Spain's unemployment figure rose above the five million mark in the last quarter of 2011, official figures show. - Fitch downgrades Italy and Spain
Five eurozone economies, including Italy and Spain, are downgraded by rating agency Fitch, citing financial weakness during the debt crisis. - Greece debt talks 'close to deal'
Greece could reach a deal with its creditors over the weekend, according to the EU's Economic Commissioner, Olli Rehn. - Carmaker Ford's profits increase
US carmaker Ford has reported a surge in profits in 2011, fuelled by a one-off payment and strong sales in its home country. - Top Euro MP quits in piracy row
A European Parliament rapporteur has stood down in protest as a controversial anti-piracy agreement is signed by several countries. - BP ordered to share spill damages
BP must cover some but not all of oil rig owner Transocean's liabilities for the 2010 oil spill in the Gulf of Mexico, a US judge rules. - Intel buys RealNetworks patents
Intel is paying $120m (£76m) for RealNetwork's video patents. Experts say it undermines claims that a "patent bubble" has burst. - Samsung in year end sales boost
South Korea's Samsung Electronics announces a 17% rise in profits in the last three months of 2011, as smartphone sales boosted earnings. - Japan's December retail sales up
Retail sales in Japan rose in December at their fastest pace in more than a year, official figures show, as consumer spending recovers. - Outrage at RBS boss's bonus deal
A £963,000 bonus in shares awarded to Royal Bank of Scotland boss Stephen Hester is strongly criticised by politicians and unions. - Key Greece debt talks to continue
Key talks between Athens and its private creditors resume with "some progress" made towards agreeing a deal to reduce Greek debt. - Nokia hit by falling mobile sales
Mobile phone giant Nokia reports a loss for the final three months of last year, as sales of mobile devices fell sharply. - US durable goods orders rise 3%
Orders for durable goods rose 3% in the US in December, according to official figures from the Commerce Department. - AT&T posts $6.7bn quarterly loss
US phone network AT&T reports a $6.7bn (£4.3bn) net loss for the three months to the end of December 2011. - Starbucks sees 10% rise in profit
US coffee chain Starbucks posts a 10% rise in net profits for the three months to 1 January 2012, benefiting from new stores and new products. - Geithner won't serve second term
Timothy Geithner says he does not expect to serve a second term as US treasury secretary if President Barack Obama is re-elected. - Ranbaxy settlement goes to court
The US Justice Department files a proposed settlement with India's biggest drugmaker, Ranbaxy Laboratories, in a federal court in Maryland. - Higher costs hit profits at H&M
H&M reports a fall in profits as input costs rise and the tough economic environment takes its toll. - Lagerfeld launches online range
Karl Lagerfeld is the latest designer to launch a collection online, taking advantage of growing internet fashion sales. - Deutsche Post told to repay aid
The European Commission tells Deutsche Post DHL to repay between 500m euros ($648.3m, £415.9m) and 1bn euros in state aid. - IMF warns of Iran oil shock risk
The International Monetary Fund warns of a possible 20-30% spike in oil prices if Iranian exports are disrupted. - South Sudan in oil pipeline deal
South Sudan agrees a deal with Kenya to build an pipeline to Lamu, potentially reducing its dependence on its northern neighbour Sudan to export its oil. - EU approves Iran oil imports ban
EU foreign ministers formally agree to an oil embargo against Iran, as Western powers reinforce their naval presence in the region. - Strong yen adds to Nintendo loss
Japanese gaming giant Nintendo announces heavy losses, blaming the strong yen and poor sales of its key 3DS console. - Hyundai Motors profits rise 38%
South Korea's Hyundai Motors posts a 38% rise in profits for the fourth quarter, as sales domestically and in key markets surged. - South Korea economic growth slows
South Korea's economy grew at a slower pace in the fourth quarter of 2011, as the eurozone debt crisis hit exports, the central bank says. - Redknapp: 'I don't fiddle taxes'
Harry Redknapp told police he has paid "fortunes in income tax" and did not "fiddle anybody", a court hears. - Olympic Village site handed over
London 2012 organisers take control of the Olympic Village site in a ceremony to mark six months until the Games begin. - Expert warns of ground move risks
Relocating to a new stadium would not necessarily guarantee Lincoln City's long-term future, warns a football finance expert. - Can shipping go green?
The world?s first hybrid-powered ferry fleet in Hong Kong is a proving ground for technology that could transform the future of marine travel - Mall v internet: Mid East goes online
Shopper in the Gulf states love their giant shopping malls - but could online shopping start to make a dent in their popularity? - Authors going it alone and online
Self-publishing is often looked down upon by literary traditionalists, but with more authors prepared to go it alone, is that set to change? - RBS chairman rejects £1.4m bonus
The Royal Bank of Scotland chairman, Sir Philip Hampton, has given up a £1.4m shares reward he was due later this year. - Bank scraps charity credit cards
Halifax and Bank of Scotland charity credit cards which have helped to raise millions of pounds will be withdrawn, Lloyds Banking Group announces - Toy maker Hornby warns on profits
Model train and Scalextric maker Hornby issues a profits warning after sales of its train and slot-car racing sets were hit in the run up to Christmas. - Fines threat for credit messages
Firms face raids and fines of up to £500,000 for sending unsolicited text messages about credit or compensation. - Lenders face tougher regulation
Payday lenders and other providers of short-term credit will face much tougher regulation when a new watchdog starts work. - Italian cruise firm offers payout
The Italian firm that owns the stricken cruise ship Costa Concordia reaches an agreement on compensation with several Italian consumer groups. - VIDEO: Struggle for opportunities in Egypt
Key to Egypt's economic success is getting its millions of young people into jobs. - AUDIO: 'Cautious optimism' in Davos
The prevailing mood at the World Economic Forum in Davos this week has been one of measured optimism, but there are still questions over whether EU leaders will agree the terms of a new fiscal pact and bail-out fund when they meet in Brussels on Monday. - VIDEO: Soros warns of 'lost decade' for EU
Speaking from Davos, financier George Soros has warned that Europe is likely to face a "lost decade" and is concerned that the EU may be destroyed by austerity measures. - VIDEO: Ellen MacArthur on sustainable economy
Dame Ellen MacArthur is in Davos to promote a new sustainable approach for the economy. - VIDEO: Lagarde: Need for European growth
IMF chief Christine Lagarde has again stressed the need for European governments to prioritise growth as talks on the region's debt crisis continue. - VIDEO: Geithner: Legislation key to growth
The US Treasury Secretary, Timothy Geithner has stressed the importance of new legislation and fiscal reform to stimulate growth in the American economy. - VIDEO: Samsung announces profit rise
South Korea's Samsung Electronics has announced a 17% rise in profits in the last three months of 2011, as smartphone sales boosted earnings. - VIDEO: 'We should rebrand tax as charity'
Many are struggling to pay their bills but the philosopher Alain De Botton reckons the British should be encouraged to think this is a good idea, by rebranding it as charity. - Davos: Youth unemployment 'disaster'
Why ending the lost generation 'disaster' matters - Is Pakistan's economy facing potential collapse?
Is Pakistan's economy in danger of potential collapse? - Threat landscape is 'constantly evolving'
Keeping systems safe from attack - Financial risks: Danger or opportunity?
Does a financial crisis pose danger or opportunity? - How to build an empire out of a bikini
How do you start your own swimsuit company? - Opportunity for China to rebrand
The Chinese New Year is an opportunity for China to rebrand
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