US producer costs saw their biggest rise for two years but other indicators suggest a weak economy and no rise in interest rates.

Australian airline Qantas boosts half-year profits but said problems last year with Rolls-Royce engines after an explosion in one of its Airbus A380s knocked off $55m.

The Premier League club Sunderland has made an annual loss of £25.5m in a year of 'growth and development'.

The European Court of Justice is to rule on whether UK football fans can still watch major events on free-to-air TV.

Moody's puts Australia's four biggest banks on credit downgrade review, saying they may be too dependent on global markets.

Anil Ambani, the billionaire chairman of Reliance Communications, is questioned as part of a probe into a phone-license selling scandal.

Lenovo, the world's fourth-biggest PC company, says its profits jumped a higher-than-expected 25% helped by a stronger yuan.

The government is setting out how it intends to overhaul the welfare system, but drops plans to reduce housing benefit for the long-term unemployed.