Military spending by major developing countries grew faster than the global average last year, says the Stockholm International Peace Research Institute.

Corruption in the global arms industry is systemic and widespread, says the Stockholm International Peace Research Institute.

News of the likely victory of leftist Ollanta Humala in Peru's presidential election sparked a record fall on the country's share market.

Those aged between 30 and 50 are falling behind older people in saving for retirement, according to an annual pensions report.

Retail sales dipped in May as a result of customers' unwillingness to spend, say retailers.

Singapore Airlines and Virgin Australia have entered a partnership which allows them to carry passengers on each others' flights.

The Jockey Club saw turnover rise by 8% in 2010 and will increase its contribution to racing's prize money by £2.7m.

Increasing demand for gas and plentiful supply heralds a 'golden age of gas', the International Energy Agency (IEA) says.