Foxconn International, which assembles products including Apple's iPhone, sees its half-year losses narrow to $17.65m (£10.75m).

The competition to supply new trains for Crossrail, the major London train link, is delayed until January 2012.

The government must address the "chronic under-supply of homes", a body representing housing associations in England warns.

Australian miner Macarthur Coal backs a revised takeover bid from Peabody Energy and ArcelorMittal valuing the deal at $5.2bn.

Sharon Bowles, chair of the European Parliament's economic and monetary committee criticises some of her colleagues for ignoring the markets.

Hong Kong businessman and Birmingham City football club chairman Carson Yeung gets permission to travel to the UK.

Homebuilder Bovis reports profits for the last six months up twofold, thanks to falling build costs and rising house prices.

India's economy grew 7.7% in the three months from April to June, which was its weakest growth for six quarters, official figures show.