Obama: EU 'must focus on growth'
US President Obama wraps up a G8 summit saying that leaders agree economies must focus on jobs and growth to boost recovery.

Euro banks 'in tatters' - Clarke
Former UK chancellor Ken Clarke says Europe's banking system is "in tatters" and warns the UK is "heavily exposed" to potential problems.

Facebook shares see modest debut
Facebook shares end a volatile first day of trading at $38.23, barely above the company's initial pricing, having initially jumped more than 10%.

Market jitters over eurozone woes
European markets suffer a nervous session with investors unsettled by a downgrade for Spanish banks and the political crisis in Greece.

Yahoo jumps on Alibaba deal talk
Shares in internet giant Yahoo rise 5% on reports that it is close to selling its valuable stake in Alibaba Group, the Chinese e-commerce company.

JP Morgan boss to testify in US
JP Morgan chief executive Jamie Dimon will appear before a Senate committee to explain the bank's $2bn trading loss on a failed hedging strategy.

Argentine gas exports cancelled
Spanish energy giant Repsol cancels a contract to provide gas to Argentina, in a continuing row after Buenos Aries nationalised one of its subsidiaries.

China property prices fall again
Chinese property prices continued to fall during April after the government kept policies in place to curb speculation.

Cuban offshore oil attempt fails
Spain's Repsol oil company says a first attempt to find oil off Cuba's northern coast has been unsuccessful.

EU 'plans for Greek exit option'
The EU Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says.

US puts tariffs on Chinese panels
The US says it will impose import tariffs of about 30% on Chinese solar companies, saying China is flooding it with subsidised products.

LSE reveals strong profits rise
The London Stock Exchange bucks the economic turmoil to deliver a better-than-expected rise in annual profit.

China raises rare earth exports
China, the world's biggest producer of rare earths, will allow more companies to export it, after they met environment standards.

Pinterest to get $100m investment
Social networking service Pinterest is to receive $100m in funding, prompting analysts to value the two-year-old firm at up to $1.5bn.

Buffett in newspaper investment
Berkshire Hathaway, the holding company of legendary investor Warren Buffett, invests in 63 local newspapers in the south-eastern US.

Jobs boost as UK gets Astra deal
Vauxhall's Ellesmere Port car plant will build a new Astra car in a deal that means huge investment and the creation and support of thousands of jobs.

France questions EU fiscal pact
France's new finance minister reiterates that the country's new socialist government will not ratify the European Union's fiscal pact.

Facebook boss in surprise wedding
Facebook founder Mark Zuckerberg ends a hectic week by getting married to long -time girlfriend Priscilla Chan in a surprise ceremony at his home.

Inside world's Б??priciest houseБ??
The first pictures are released showing inside the "world's most expensive house", owned by the Ambani family in Mumbai.

US April retail sales in slowdown
US retail sales barely grew in April, rising 0.1% compared with a gain of 0.7% the month before, while consumer prices stayed unchanged.

Colombia-US trade pact in force
A free trade agreement between the US and Colombia takes effect five years after being signed, with Colombian flowers the first goods to be sent.

Best Buy loses second top boss
The founder of US electronics retailer Best Buy is leaving after it was found he knew the chief executive was having an affair but did not disclose it.

Moody's downgrades Spanish banks
Ratings agency Moody's cuts the credit ratings of 16 Spanish banks, as shares in struggling lender Bankia fell another 14%.

Spain's cost of borrowing jumps
The cost of borrowing on the international money markets rise sharply for Spain as investors fear further financial turmoil in Europe.

Greece pays bond swap hold-outs
Greece agrees to pay off some of the investors who rejected its bond swap earlier this year.

Africa 'must boost food output'
The United Nations Development Programme says Africa needs to boost agricultural productivity if it is to sustain its economic boom.

Africa foreign investment surges
Africa received its largest ever share of global foreign direct investment (FDI) last year, according to an Ernst and Young survey.

Trade fair in Zimbabwe boycotted
India and Russia boycott a major international trade fair in Zimbabwe in protest against the country's policy of taking control of foreign companies.

China Mobile in talks with Apple
China Mobile, the main mobile service provider in China and the largest in the world by users, could soon offer its customers Apple's iPhone.

Chinese gold demand hits record
Chinese demand for gold hit a record in the first quarter of 2012 and it remains the world's biggest market for gold, the World Gold Council says.

HTC shares dip on shipment delay
Shares of Taiwan's HTC fall after US customs officials hold up shipments of its new smartphones over a patent dispute.

Ticketus deal 'being terminated'
Charles Green says administrators at Rangers have told Ticketus they are terminating its contract over future ticket sales.

Debt-ridden Glens to get IFA loan
Glentoran's cash flow crisis is expected to be eased by a loan from the Irish Football Association.

Sierra Leone league resumes
Sierra Leone's football league resumed on Friday, less than a week after suspending operations because of a shortage of funds.

Asian trading heads for online
Financial trading is the latest aspect of life to get the social media treatment, reports the BBC's Katie Hunt in Hong Kong.

Tech powers Philippines call centre success
Technology - like social media and internet telephony - has helped the Philippines to overtake India as the world's call centre capital.

Welcome to the social revolution
The social web and mobile technologies have accelerated the rate at which relationships develop, information is shared and influence takes hold, says Salesforce.com's Marc Benioff

Brazil's business labyrinth of bureaucracy
Anyone wanting to set up a new business in the country of the moment should be warned that one of the world's worst red tape mountains faces them.

Viewpoint: Why New York City is best for small businesses
As part of our continuing series looking at starting up and running businesses around the world, Rob Walsh, commissioner of the New York City Department of Small Business Services, explains the situation in his city, and the work of his department.

US scientists who mean business
Ever more academics and scientists in the US are honing their entrepreneurial skills.

бё9k fees 'to push debt up бё100bn'
A study suggests public sector debt will be pushed up by бё100bn over next two decades by higher university fees.

Report 'to urge cutting red tape'
The prime minister is this week expected to back a plan to help boost growth by cutting employment red tape.

Private rents 'increasing again'
Private rents in England and Wales went up by 0.5% in April, according to letting agency group LSL Property Services.

VIDEO: Bankruptcy fears in Greek town
As the likelihood of Greece leaving the euro grows, the BBC's Tim Whewell reports from the small Greek town of Lavrion to find out what life is like when the money runs out.

VIDEO: Push for Arabic internet content
While the number of people using the internet in the Middle East is rising rapidly, Arabic still only makes up just 2% of all content on the web.

VIDEO: Eurozone in spotlight at G8 talks
The leaders of the G8 group of the world's most powerful economies say they want debt-stricken Greece to remain in the eurozone.

VIDEO: Facebook shares see modest debut
Facebook shares ended their first day of trading at $38.23, barely above the company's initial pricing of $38.

VIDEO: Tension over Spanish bank debts
The Spanish government has announced that the level of bad loans held by the country's banks is at an 18-year high.

VIDEO: European unemployed migrating to UAE
Traditionally European ex-pats coming to the Gulf have been executives recruited on tax-free salaries, but with rising unemployment levels in Europe a wider range of professionals have changed continent.

VIDEO: Should Britain build a spaceport?
A new report is recommending that the UK builds its own spaceport, to enable tourists to go into space.

VIDEO: Freedom of expression in 'new' Tunisia
Post-revolutionary Tunisia has given media there the freedom to express their political opinions like never before. However, but the past year has also seen a rise of more fundamental Islam and media outlets have been physically attacked by extremists for works seen as offensive.

What next if Greece quits the euro?
What happens if Greece quits the euro?

Facebook: How the others fared
How did other internet companies fare after flotation?

US firms put principles before profits
The US firms putting social values before chasing the highest profits

Bleak times for Calcutta business
Political change in Calcutta isn't working for eithers

Smaller engines drive petrol revival
Smaller engines drive petrol revival

Euro fears on the streets of Spain
Spain, feeling fragile, looks to Germany for help

Huge economic challenge awaits Egypt's next leader
Egypt's economic crisis sets major task for country's next leader

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