In its first set of results as a public company, Groupon reports an unexpected loss of $42.7m (£27.0m), when a small profit had been expected.

US technology giant Cisco says rising quarterly sales show that its cost-cutting plans are bearing fruit.

Media giant News Corporation sees its net profits rise 65% in the three months to the end of December 2011 compared to 2010.

The Greek prime minister has failed to secure his coalition parties' agreement to fresh austerity proposals, needed to agree a new bailout package.

Real Madrid head the list of the richest football clubs in the world for the seventh year in a row, says a Deloitte survey.

An expert explains how the system of buying and selling annuities should be improved

Lenovo, the world's second-largest maker of PCs, reports a 54% rise in profits on overseas acquisitions and a jump in sales.

China's rate of inflation accelerates to 4.5% in January as consumers raise spending around Chinese New Year.