US mobile network provider Sprint Nextel asks regulators to block AT&T's takeover of T-Mobile USA, saying the deal would harm competition.

A decision about whether action should be taken over firms who make unsolicited offers of loans is due from the regulator.

Toyota Motors says its Japanese production is likely to return to normal levels faster than expected as parts supplies ease.

Republicans in the US House of Representatives reject a bill to raise the US debt limit, in what analysts say is a bid to force government spending cuts.

Australia reports its biggest quarterly fall in gross domestic product in 20 years as floods and cyclones take their toll.

Thousands of elderly residents face an anxious wait after the UK's biggest care home company said it would reduce its rent bill amid financial troubles.

China's manufacturers are starting to feel the effects of the government's policy to reduce credit-fuelled growth in the country.

Building supplies firm Wolseley reports a jump in trading profits as improved US trading offsets the "subdued" UK construction sector.