A new measure of inflation is being proposed by the Office for National Statistics.

Tokyo becomes the world's most expensive city for foreign staff to live in, overtaking the Angolan capital Luanda, according to research.

UK employers are continuing to hire new staff but are becoming more cautious about doing so, two surveys suggest.

Asian markets fall on fears about the eurozone debt crisis after the cost of borrowing for Spain and Italy rises.

Qantas shares surge after reports the Australian airline has appointed the Macquarie Group to help defend against any takeover bids.

Sainsbury's enters the digital books marketplace by buying HMV's stake in Anobii, an online retailer of e-books, for just £1.

India's industrial output rose by less than expected in April, figures show, adding to concerns about the health of its economy.

Fashion brand Ted Baker reports a 16% rise in total half-year sales, helped by expansion overseas.