US mobile phone company AT&T says it will buy rival T-Mobile making it the largest mobile phone company in the US.

The government appears to be gaining control of the public finances and could benefit from a £8bn windfall this year, a report suggests.

Oil prices jump after air strikes against Libya raise fears over possible disruptions to crude oil supplies.

Pensioners and the poorest households are amongst those that have been the worst hit by the recession, a study finds.

Billionaire investor Warren Buffett is looking to increase his investments in Asia to tap further into the region's growth.

Japan may need five years to rebuild from the disaster that has caused up to $235bn of damage, the World Bank says.

Energy regulator Ofgem says suppliers will have to offer simpler tariffs to help consumers compare prices.

Google blames the Chinese government for problems accessing its e-mail service in the country.