US retailer Macy's says it will cut 2,500 jobs and shut five stores as part of a restructuring plan.

Tesco and Morrisons both report a fall in like-for-like UK sales over the Christmas period, of 2.4% and 5.6% respectively. Morrisons shares tumble 7%.

A US firm has unveiled a smartphone case that turns the handset into an electric shock stun gun with a 650,000 volt sting

China orders popular film director Zhang Yimou to pay $1.2m for violating the country's one-child policy.

Emperor penguins display some unexpected breeding behaviour in the Antarctic that could mean they are much more resilient to environmental change than previously recognised.

David Cameron and his Polish counterpart Donald Tusk seek to smooth relations amid a dispute over benefit payments to EU migrants.

Papers reflect the fury at the verdict that Mark Duggan was "lawfully killed" when shot by police in the incident that sparked riots across England.

Moving all driving records online should push down the cost of car insurance, ministers are to announce.