The price of crude oil jumps to a three-and-a-half-year high after reports of a blast at a pipeline in Saudi Arabia.

Poor numeracy is hitting Britain's economic performance and ruining lives, according to a new charity launched to champion better maths skills.

The Indian government's attempt to sell a 5% stake in oil firm ONGC falls just short amid concerns the shares were over-priced.

India's government seeks clarification from the Supreme Court over its cancellation of 122 telecommunications licences awarded to companies in 2008.

Greece will not get funds from a second EU/IMF bailout until its private creditors give final approval for their losses next week, EU ministers say.

Consumer review website Yelp sets a price of $15 a share for its initial public offering later on Friday, higher than the expected range of $12-$14.

Northern Rock Asset Management, the so-called "bad bank" that manages Northern Rock's mortgage book, repaid £2bn of the government's loan in 2011.

All but two of the EU's 27 leaders sign a new treaty to enforce budget discipline within the bloc, with the UK saying its proposals were ignored.